ARANKO: 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.
ARANKO
Largest movements
- Cash +€133,887
up €133,887 (+579.9%), from €23,090 to €156,977
mainly Current investments (+€130,000) and Depreciation (+€80,847)
- Current investments -€130,000
no longer reported in 2025 (was €130,000)
- Tangible fixed assets -€38,194
down €38,194 (-4.1%), from €938,285 to €900,090
- Receivables within one year -€19,037
down €19,037 (-61.3%), from €31,079 to €12,042
of which Other amounts receivable: -€22,688
- Debts after one year -€37,930
down €37,930 (-30.7%), from €123,429 to €85,499
of which Financial debts: -€37,930
- Profit (loss) carried forward -€23,878
down €23,878 (-26.5%), from -€89,963 to -€113,841
- Other operating charges -€4,088
down €4,088 (-21.8%), from €18,756 to €14,668
- Depreciation -€1,814
down €1,814 (-2.2%), from €82,661 to €80,847
- Financial charges -€1,347
down €1,347 (-3.7%), from €36,804 to €35,457
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 | €1,331,605 | €1,267,253 | -€64,352 | -4.8% |
| Fixed assets | 21/28 | €938,285 | €900,090 | -€38,194 | -4.1% |
| Tangible fixed assets | 22/27 | €938,285 | €900,090 | -€38,194 | -4.1% |
| Land and buildings | 22 | €816,488 | €797,809 | -€18,680 | -2.3% |
| Plant, machinery and equipment | 23 | €13,598 | €17,013 | +€3,415 | +25.1% |
| Furniture and vehicles | 24 | €47,876 | €29,327 | -€18,549 | -38.7% |
| Other tangible fixed assets | 26 | €60,322 | €55,941 | -€4,381 | -7.3% |
| Current assets | 29/58 | €393,321 | €367,163 | -€26,157 | -6.7% |
| Amounts receivable after more than one year | 29 | €204,130 | €192,129 | -€12,000 | -5.9% |
| Other amounts receivable | 291 | €204,130 | €192,129 | -€12,000 | -5.9% |
| Amounts receivable within one year | 40/41 | €31,079 | €12,042 | -€19,037 | -61.3% |
| Trade receivables | 40 | €605 | €4,257 | +€3,652 | +603.6% |
| Other amounts receivable | 41 | €30,474 | €7,785 | -€22,688 | -74.5% |
| Current investments | 50/53 | €130,000 | - | -€130,000 | |
| Cash at bank and in hand | 54/58 | €23,090 | €156,977 | +€133,887 | +579.9% |
| Deferred charges and accrued income | 490/1 | €5,023 | €6,015 | +€992 | +19.8% |
| Total equity and liabilities | 10/49 | €1,331,605 | €1,267,253 | -€64,352 | -4.8% |
| Equity | 10/15 | €733,387 | €704,669 | -€28,718 | -3.9% |
| Contributions | 10/11 | €347,051 | €347,051 | = | 0.0% |
| Contributions outside capital | 11 | €347,051 | €347,051 | = | 0.0% |
| Other | 1109/19 | €347,051 | €347,051 | = | 0.0% |
| Reserves | 13 | €476,299 | €471,459 | -€4,840 | -1.0% |
| Tax-exempt reserves | 132 | €46,299 | €41,459 | -€4,840 | -10.5% |
| Distributable reserves | 133 | €430,000 | €430,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,963 | -€113,841 | -€23,878 | -26.5% |
| Provisions and deferred taxes | 16 | €15,568 | €13,944 | -€1,625 | -10.4% |
| Deferred taxes | 168 | €15,568 | €13,944 | -€1,625 | -10.4% |
| Amounts payable | 17/49 | €582,650 | €548,641 | -€34,009 | -5.8% |
| Amounts payable after more than one year | 17 | €123,429 | €85,499 | -€37,930 | -30.7% |
| Financial debts | 170/4 | €79,057 | €41,127 | -€37,930 | -48.0% |
| Other amounts payable | 178/9 | €44,372 | €44,372 | = | 0.0% |
| Amounts payable within one year | 42/48 | €458,121 | €459,734 | +€1,613 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €41,027 | €37,930 | -€3,096 | -7.5% |
| Trade debts | 44 | €3,837 | €4,552 | +€715 | +18.6% |
| Suppliers | 440/4 | €3,837 | €4,552 | +€715 | +18.6% |
| Taxes, remuneration and social security | 45 | €13,301 | €17,955 | +€4,654 | +35.0% |
| Taxes | 450/3 | €13,301 | €17,955 | +€4,654 | +35.0% |
| Other amounts payable | 47/48 | €399,955 | €399,296 | -€659 | -0.2% |
| Accrued charges and deferred income | 492/3 | €1,100 | €3,408 | +€2,308 | +209.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,661 | €80,847 | -€1,814 | -2.2% |
| Other operating charges | 640/8 | €18,756 | €14,668 | -€4,088 | -21.8% |
| Gross operating margin | 9900 | €92,569 | €92,433 | -€135 | -0.1% |
| Operating profit (loss) | 9901 | -€8,847 | -€3,081 | +€5,766 | +65.2% |
| Financial income | 75/76B | €8,417 | €8,441 | +€24 | +0.3% |
| Recurring financial income | 75 | €8,417 | €8,441 | +€24 | +0.3% |
| Financial charges | 65/66B | €36,804 | €35,457 | -€1,347 | -3.7% |
| Recurring financial charges | 65 | €36,804 | €35,457 | -€1,347 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€37,234 | -€30,097 | +€7,137 | +19.2% |
| Transfer from deferred taxes | 780 | €1,625 | €1,625 | = | 0.0% |
| Income taxes | 67/77 | €225 | €246 | +€21 | +9.1% |
| Profit (loss) for the period | 9904 | -€35,834 | -€28,718 | +€7,116 | +19.9% |
| Transfer from tax-exempt reserves | 789 | €4,841 | €4,840 | -€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,993 | -€23,878 | +€7,116 | +23.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.