ARAMIS ISC: 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 ISC
Largest movements
- Current investments +€22,888
up €22,888 (+10.2%), from €224,719 to €247,607
- Receivables within one year -€17,507
down €17,507 (-41.2%), from €42,531 to €25,024
of which Trade receivables: -€14,626
- Cash +€5,535
up €5,535 (+2.9%), from €191,404 to €196,939
mainly Net result for the year (+€65,027) and Receivables within one year (+€17,507)
- Reserves +€13,212
up €13,212 (+3.2%), from €411,277 to €424,489
of which Distributable reserves: +€13,212
- Gross operating margin +€13,909
up €13,909 (+17.6%), from €78,936 to €92,845
- Taxes +€4,431
up €4,431 (+21.0%), from €21,134 to €25,564
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 | €478,970 | €486,807 | +€7,837 | +1.6% |
| Fixed assets | 21/28 | €19,199 | €16,419 | -€2,780 | -14.5% |
| Tangible fixed assets | 22/27 | €19,199 | €16,419 | -€2,780 | -14.5% |
| Furniture and vehicles | 24 | €19,199 | €16,419 | -€2,780 | -14.5% |
| Current assets | 29/58 | €459,771 | €470,388 | +€10,617 | +2.3% |
| Amounts receivable within one year | 40/41 | €42,531 | €25,024 | -€17,507 | -41.2% |
| Trade receivables | 40 | €33,237 | €18,611 | -€14,626 | -44.0% |
| Other amounts receivable | 41 | €9,294 | €6,413 | -€2,881 | -31.0% |
| Current investments | 50/53 | €224,719 | €247,607 | +€22,888 | +10.2% |
| Cash at bank and in hand | 54/58 | €191,404 | €196,939 | +€5,535 | +2.9% |
| Deferred charges and accrued income | 490/1 | €1,117 | €818 | -€299 | -26.8% |
| Total equity and liabilities | 10/49 | €478,970 | €486,807 | +€7,837 | +1.6% |
| Equity | 10/15 | €429,870 | €443,082 | +€13,212 | +3.1% |
| Contributions | 10/11 | €18,593 | €18,593 | = | 0.0% |
| Reserves | 13 | €411,277 | €424,489 | +€13,212 | +3.2% |
| Non-distributable reserves | 130/1 | €25,079 | €25,079 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25,079 | €25,079 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €367,448 | €380,660 | +€13,212 | +3.6% |
| Amounts payable | 17/49 | €49,100 | €43,725 | -€5,376 | -10.9% |
| Amounts payable within one year | 42/48 | €46,456 | €40,915 | -€5,541 | -11.9% |
| Trade debts | 44 | €312 | €460 | +€148 | +47.4% |
| Suppliers | 440/4 | €312 | €460 | +€148 | +47.4% |
| Taxes, remuneration and social security | 45 | €8,063 | €6,503 | -€1,561 | -19.4% |
| Taxes | 450/3 | €8,063 | €6,503 | -€1,561 | -19.4% |
| Other amounts payable | 47/48 | €38,080 | €33,952 | -€4,129 | -10.8% |
| Accrued charges and deferred income | 492/3 | €2,644 | €2,810 | +€166 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,725 | €3,818 | +€92 | +2.5% |
| Other operating charges | 640/8 | €1,677 | €1,717 | +€40 | +2.4% |
| Gross operating margin | 9900 | €78,936 | €92,845 | +€13,909 | +17.6% |
| Operating profit (loss) | 9901 | €73,533 | €87,310 | +€13,777 | +18.7% |
| Financial income | 75/76B | €4,652 | €4,969 | +€317 | +6.8% |
| Recurring financial income | 75 | €4,652 | €4,969 | +€317 | +6.8% |
| Financial charges | 65/66B | €1,218 | €1,688 | +€470 | +38.6% |
| Recurring financial charges | 65 | €1,218 | €1,688 | +€470 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | €76,968 | €90,592 | +€13,624 | +17.7% |
| Income taxes | 67/77 | €21,134 | €25,564 | +€4,431 | +21.0% |
| Profit (loss) for the period | 9904 | €55,834 | €65,027 | +€9,194 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €55,834 | €65,027 | +€9,194 | +16.5% |
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 7 October 2026 via checked.be.