ARANEA: 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.
ARANEA
Largest movements
- Cash -€52,055
down €52,055 (-36.7%), from €141,980 to €89,925
mainly Contributions, distributions and other (-€153,075) and Debts after one year (-€20,000)
- Receivables within one year +€15,665
up €15,665 (+162%), from €9,689 to €25,354
of which Trade receivables: +€8,413
- Tangible fixed assets -€2,434
down €2,434 (-15.5%), from €15,717 to €13,283
of which Furniture and vehicles: -€4,782
- Deferred charges and accrued income +€2,303
new in 2025: €2,303
- Reserves -€83,403
down €83,403 (-82.9%), from €100,619 to €17,216
- Other debts +€57,629
up €57,629 (+664%), from €8,684 to €66,313
- Debts after one year -€20,000
no longer reported in 2025 (was €20,000)
- Short-term financial debts +€20,000
new in 2025: €20,000
- Contributions -€12,456
down €12,456 (-67.1%), from €18,550 to €6,094
- Gross operating margin -€1,508
down €1,508 (-1.8%), from €83,002 to €81,494
- Depreciation -€982
down €982 (-13.1%), from €7,524 to €6,542
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 | €167,386 | €130,865 | -€36,521 | -21.8% |
| Fixed assets | 21/28 | €15,717 | €13,283 | -€2,434 | -15.5% |
| Tangible fixed assets | 22/27 | €15,717 | €13,283 | -€2,434 | -15.5% |
| Plant, machinery and equipment | 23 | €931 | €4,078 | +€3,147 | +338% |
| Furniture and vehicles | 24 | €11,568 | €6,786 | -€4,782 | -41.3% |
| Other tangible fixed assets | 26 | €3,218 | €2,419 | -€800 | -24.8% |
| Current assets | 29/58 | €151,669 | €117,582 | -€34,087 | -22.5% |
| Amounts receivable within one year | 40/41 | €9,689 | €25,354 | +€15,665 | +162% |
| Trade receivables | 40 | €9,689 | €18,101 | +€8,413 | +86.8% |
| Other amounts receivable | 41 | - | €7,252 | +€7,252 | |
| Cash at bank and in hand | 54/58 | €141,980 | €89,925 | -€52,055 | -36.7% |
| Deferred charges and accrued income | 490/1 | - | €2,303 | +€2,303 | |
| Total equity and liabilities | 10/49 | €167,386 | €130,865 | -€36,521 | -21.8% |
| Equity | 10/15 | €119,169 | €23,310 | -€95,859 | -80.4% |
| Contributions | 10/11 | €18,550 | €6,094 | -€12,456 | -67.1% |
| Reserves | 13 | €100,619 | €17,216 | -€83,403 | -82.9% |
| Distributable reserves | 133 | €100,619 | €17,216 | -€83,403 | -82.9% |
| Amounts payable | 17/49 | €48,217 | €107,555 | +€59,338 | +123% |
| Amounts payable after more than one year | 17 | €20,000 | - | -€20,000 | |
| Financial debts | 170/4 | €20,000 | - | -€20,000 | |
| Amounts payable within one year | 42/48 | €28,217 | €107,555 | +€79,338 | +281% |
| Financial debts | 43 | - | €20,000 | +€20,000 | |
| Other loans | 439 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €1,180 | €2,957 | +€1,776 | +150% |
| Suppliers | 440/4 | €1,180 | €2,957 | +€1,776 | +150% |
| Taxes, remuneration and social security | 45 | €18,353 | €18,285 | -€68 | -0.4% |
| Taxes | 450/3 | €18,353 | €18,285 | -€68 | -0.4% |
| Other amounts payable | 47/48 | €8,684 | €66,313 | +€57,629 | +664% |
| Remuneration, social security and pensions | 62 | €2,087 | €1,760 | -€327 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,524 | €6,542 | -€982 | -13.1% |
| Other operating charges | 640/8 | €1,057 | €1,059 | +€2 | +0.2% |
| Gross operating margin | 9900 | €83,002 | €81,494 | -€1,508 | -1.8% |
| Operating profit (loss) | 9901 | €72,335 | €72,133 | -€202 | -0.3% |
| Financial income | 75/76B | €179 | €567 | +€388 | +217% |
| Recurring financial income | 75 | €179 | €567 | +€388 | +217% |
| Financial charges | 65/66B | €578 | €577 | -€1 | -0.1% |
| Recurring financial charges | 65 | €578 | €577 | -€1 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €71,936 | €72,123 | +€187 | +0.3% |
| Income taxes | 67/77 | €14,605 | €14,908 | +€303 | +2.1% |
| Profit (loss) for the period | 9904 | €57,331 | €57,216 | -€116 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,331 | €57,216 | -€116 | -0.2% |
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.