ARAMIS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ARAMIS
Largest movements
- Receivables within one year +€256,252
up €256,252 (+23.1%), from €1.1m to €1.4m
of which Other amounts receivable: +€233,805
- Cash -€88,299
down €88,299 (-24.8%), from €355,519 to €267,220
mainly Receivables within one year (-€256,252) and Stocks and contracts (-€51,325)
- Tangible fixed assets -€54,084
down €54,084 (-28.3%), from €191,370 to €137,287
of which Leasing and similar rights: -€36,617
- Stocks and contracts +€51,325
up €51,325 (+8.6%), from €600,019 to €651,344
- Intangible fixed assets +€32,672
up €32,672 (+905.4%), from €3,609 to €36,280
- Reserves +€175,352
up €175,352 (+15.9%), from €1.1m to €1.3m
- Trade debts +€88,949
up €88,949 (+12.5%), from €708,944 to €797,893
- Debts after one year -€49,895
down €49,895 (-53.3%), from €93,574 to €43,678
- Other debts -€25,414
down €25,414 (-49.4%), from €51,463 to €26,049
- Staff costs +€32,989
up €32,989 (+4.5%), from €730,500 to €763,489
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,271,929 | €2,475,563 | +€203,633 | +9.0% |
| Fixed assets | 21/28 | €195,449 | €174,205 | -€21,244 | -10.9% |
| Intangible fixed assets | 21 | €3,609 | €36,280 | +€32,672 | +905.4% |
| Tangible fixed assets | 22/27 | €191,370 | €137,287 | -€54,084 | -28.3% |
| Land and buildings | 22 | €800 | €700 | -€100 | -12.5% |
| Plant, machinery and equipment | 23 | €65,655 | €55,144 | -€10,511 | -16.0% |
| Furniture and vehicles | 24 | €37,095 | €30,240 | -€6,855 | -18.5% |
| Leasing and similar rights | 25 | €87,821 | €51,203 | -€36,617 | -41.7% |
| Financial fixed assets | 28 | €470 | €638 | +€168 | +35.7% |
| Current assets | 29/58 | €2,076,481 | €2,301,358 | +€224,878 | +10.8% |
| Stocks and contracts in progress | 3 | €600,019 | €651,344 | +€51,325 | +8.6% |
| Stocks | 30/36 | €600,019 | €651,344 | +€51,325 | +8.6% |
| Amounts receivable within one year | 40/41 | €1,110,470 | €1,366,722 | +€256,252 | +23.1% |
| Trade receivables | 40 | €1,037,683 | €1,060,130 | +€22,447 | +2.2% |
| Other amounts receivable | 41 | €72,786 | €306,591 | +€233,805 | +321.2% |
| Cash at bank and in hand | 54/58 | €355,519 | €267,220 | -€88,299 | -24.8% |
| Deferred charges and accrued income | 490/1 | €10,473 | €16,072 | +€5,599 | +53.5% |
| Total equity and liabilities | 10/49 | €2,271,929 | €2,475,563 | +€203,633 | +9.0% |
| Equity | 10/15 | €1,206,837 | €1,382,189 | +€175,352 | +14.5% |
| Contributions | 10/11 | €106,200 | €106,200 | = | 0.0% |
| Reserves | 13 | €1,100,637 | €1,275,989 | +€175,352 | +15.9% |
| Distributable reserves | 133 | €1,100,637 | €1,275,989 | +€175,352 | +15.9% |
| Amounts payable | 17/49 | €1,065,092 | €1,093,373 | +€28,281 | +2.7% |
| Amounts payable after more than one year | 17 | €93,574 | €43,678 | -€49,895 | -53.3% |
| Financial debts | 170/4 | €93,574 | €43,678 | -€49,895 | -53.3% |
| Amounts payable within one year | 42/48 | €971,518 | €1,049,695 | +€78,177 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €81,051 | €76,423 | -€4,628 | -5.7% |
| Trade debts | 44 | €708,944 | €797,893 | +€88,949 | +12.5% |
| Suppliers | 440/4 | €708,944 | €797,893 | +€88,949 | +12.5% |
| Taxes, remuneration and social security | 45 | €130,060 | €149,330 | +€19,270 | +14.8% |
| Taxes | 450/3 | €21,692 | €37,316 | +€15,624 | +72.0% |
| Remuneration and social security | 454/9 | €108,367 | €112,013 | +€3,646 | +3.4% |
| Other amounts payable | 47/48 | €51,463 | €26,049 | -€25,414 | -49.4% |
| Remuneration, social security and pensions | 62 | €730,500 | €763,489 | +€32,989 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,073 | €63,810 | +€5,737 | +9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €551 | €978 | +€426 | +77.3% |
| Other operating charges | 640/8 | €6,252 | €5,771 | -€481 | -7.7% |
| Non-recurring operating charges | 66A | - | €3,342 | +€3,342 | |
| Gross operating margin | 9900 | €1,088,959 | €1,094,897 | +€5,938 | +0.5% |
| Operating profit (loss) | 9901 | €293,583 | €257,508 | -€36,075 | -12.3% |
| Financial income | 75/76B | €13,881 | €8,764 | -€5,117 | -36.9% |
| Recurring financial income | 75 | €13,881 | €8,764 | -€5,117 | -36.9% |
| Financial charges | 65/66B | €28,245 | €25,335 | -€2,910 | -10.3% |
| Recurring financial charges | 65 | €28,245 | €25,335 | -€2,910 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €279,220 | €240,938 | -€38,282 | -13.7% |
| Income taxes | 67/77 | €74,853 | €65,586 | -€9,268 | -12.4% |
| Profit (loss) for the period | 9904 | €204,367 | €175,352 | -€29,015 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €204,367 | €175,352 | -€29,015 | -14.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.