ARAMIS & PARTNERS: what changed
Two financial 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 & PARTNERS
Largest movements
- Tangible fixed assets -€9,750
down €9,750 (-4.1%), from €239,638 to €229,888
- Cash +€2,551
up €2,551 (+59.2%), from €4,310 to €6,861
mainly Trade debts (+€53,180) and Depreciation (+€9,750)
- Trade debts +€53,180
up €53,180 (+1,771%), from €3,003 to €56,183
- Profit (loss) carried forward -€39,139
down €39,139 (-91.1%), from -€42,955 to -€82,093
- Debts after one year -€23,280
down €23,280 (-27.8%), from €83,715 to €60,435
of which Financial debts: -€38,715
- Current portion of long-term debt +€7,775
new in 2025: €7,775
- Short-term financial debts -€6,000
down €6,000 (-18.2%), from €33,000 to €27,000
- Gross operating margin -€84,643
down €84,643 (-48.8%), from €173,311 to €88,667
- Staff costs -€27,504
down €27,504 (-20.8%), from €132,110 to €104,606
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.
Derived cash bridge
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 | €245,776 | €236,749 | -€9,027 | -3.7% |
| Fixed assets | 21/28 | €239,638 | €229,888 | -€9,750 | -4.1% |
| Tangible fixed assets | 22/27 | €239,638 | €229,888 | -€9,750 | -4.1% |
| Land and buildings | 22 | €239,638 | €229,888 | -€9,750 | -4.1% |
| Current assets | 29/58 | €6,138 | €6,861 | +€723 | +11.8% |
| Amounts receivable within one year | 40/41 | €1,828 | - | -€1,828 | |
| Other amounts receivable | 41 | €1,828 | - | -€1,828 | |
| Cash at bank and in hand | 54/58 | €4,310 | €6,861 | +€2,551 | +59.2% |
| Total equity and liabilities | 10/49 | €245,776 | €236,749 | -€9,027 | -3.7% |
| Equity | 10/15 | €122,645 | €83,507 | -€39,139 | -31.9% |
| Contributions | 10/11 | €46,000 | €46,000 | = | 0.0% |
| Capital | 10 | €46,000 | €46,000 | = | 0.0% |
| Issued capital | 100 | €46,000 | €46,000 | = | 0.0% |
| Reserves | 13 | €119,600 | €119,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,600 | €4,600 | = | 0.0% |
| Legal reserve | 130 | €4,600 | €4,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €75,000 | €75,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,955 | -€82,093 | -€39,139 | -91.1% |
| Amounts payable | 17/49 | €123,131 | €153,242 | +€30,111 | +24.5% |
| Amounts payable after more than one year | 17 | €83,715 | €60,435 | -€23,280 | -27.8% |
| Financial debts | 170/4 | €38,715 | - | -€38,715 | |
| Other amounts payable | 178/9 | €45,000 | €60,435 | +€15,435 | +34.3% |
| Amounts payable within one year | 42/48 | €39,416 | €92,807 | +€53,391 | +135% |
| Current portion of amounts payable after more than one year | 42 | - | €7,775 | +€7,775 | |
| Financial debts | 43 | €33,000 | €27,000 | -€6,000 | -18.2% |
| Credit institutions | 430/8 | €33,000 | €27,000 | -€6,000 | -18.2% |
| Trade debts | 44 | €3,003 | €56,183 | +€53,180 | +1,771% |
| Suppliers | 440/4 | €3,003 | €56,183 | +€53,180 | +1,771% |
| Taxes, remuneration and social security | 45 | €3,413 | €1,849 | -€1,564 | -45.8% |
| Taxes | 450/3 | €3,413 | €1,849 | -€1,564 | -45.8% |
| Remuneration, social security and pensions | 62 | €132,110 | €104,606 | -€27,504 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,750 | €9,750 | = | 0.0% |
| Other operating charges | 640/8 | €6,610 | €6,786 | +€176 | +2.7% |
| Gross operating margin | 9900 | €173,311 | €88,667 | -€84,643 | -48.8% |
| Operating profit (loss) | 9901 | €24,840 | -€32,475 | -€57,315 | |
| Financial charges | 65/66B | €4,884 | €5,460 | +€576 | +11.8% |
| Recurring financial charges | 65 | €4,884 | €5,460 | +€576 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €19,956 | -€37,935 | -€57,891 | |
| Income taxes | 67/77 | - | €1,204 | +€1,204 | |
| Profit (loss) for the period | 9904 | €19,956 | -€39,139 | -€59,094 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,956 | -€39,139 | -€59,094 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.