ARANKO - MANAGEMENT: 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 - MANAGEMENT
Largest movements
- Receivables within one year -€4,433
down €4,433 (-5.5%), from €80,235 to €75,803
of which Other amounts receivable: -€6,190
- Tangible fixed assets -€3,695
down €3,695 (-43.7%), from €8,457 to €4,762
- Cash -€1,857
no longer reported in 2025 (was €1,857)
mainly Contributions, distributions and other (-€43,333) and Trade debts (-€2,812)
- Profit (loss) carried forward -€18,730
down €18,730 (-50.7%), from €36,945 to €18,216
- Tax, wage and social debts +€11,470
up €11,470 (+36.8%), from €31,162 to €42,632
- Trade debts -€2,812
down €2,812 (-65.3%), from €4,305 to €1,493
- Gross operating margin -€42,739
down €42,739 (-54.4%), from €78,550 to €35,811
- Taxes -€13,177
down €13,177 (-60.3%), from €21,841 to €8,664
- Other operating charges -€1,287
down €1,287 (-59.6%), from €2,160 to €873
- Financial income +€1,249
up €1,249 (+67.0%), from €1,865 to €3,114
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 | €91,490 | €81,663 | -€9,827 | -10.7% |
| Fixed assets | 21/28 | €8,957 | €5,262 | -€3,695 | -41.3% |
| Tangible fixed assets | 22/27 | €8,457 | €4,762 | -€3,695 | -43.7% |
| Furniture and vehicles | 24 | €8,457 | €4,762 | -€3,695 | -43.7% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €82,533 | €76,401 | -€6,132 | -7.4% |
| Amounts receivable within one year | 40/41 | €80,235 | €75,803 | -€4,433 | -5.5% |
| Trade receivables | 40 | €22,873 | €24,630 | +€1,757 | +7.7% |
| Other amounts receivable | 41 | €57,363 | €51,173 | -€6,190 | -10.8% |
| Cash at bank and in hand | 54/58 | €1,857 | - | -€1,857 | |
| Deferred charges and accrued income | 490/1 | €440 | €598 | +€158 | +36.0% |
| Total equity and liabilities | 10/49 | €91,490 | €81,663 | -€9,827 | -10.7% |
| Equity | 10/15 | €55,545 | €36,816 | -€18,730 | -33.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,945 | €18,216 | -€18,730 | -50.7% |
| Amounts payable | 17/49 | €35,945 | €44,847 | +€8,902 | +24.8% |
| Amounts payable within one year | 42/48 | €35,945 | €44,847 | +€8,902 | +24.8% |
| Current portion of amounts payable after more than one year | 42 | €478 | €478 | = | 0.0% |
| Financial debts | 43 | - | €244 | +€244 | |
| Credit institutions | 430/8 | - | €244 | +€244 | |
| Trade debts | 44 | €4,305 | €1,493 | -€2,812 | -65.3% |
| Suppliers | 440/4 | €4,305 | €1,493 | -€2,812 | -65.3% |
| Taxes, remuneration and social security | 45 | €31,162 | €42,632 | +€11,470 | +36.8% |
| Taxes | 450/3 | €31,162 | €42,632 | +€11,470 | +36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,153 | €3,695 | -€458 | -11.0% |
| Other operating charges | 640/8 | €2,160 | €873 | -€1,287 | -59.6% |
| Gross operating margin | 9900 | €78,550 | €35,811 | -€42,739 | -54.4% |
| Operating profit (loss) | 9901 | €72,237 | €31,243 | -€40,994 | -56.7% |
| Financial income | 75/76B | €1,865 | €3,114 | +€1,249 | +67.0% |
| Recurring financial income | 75 | €1,865 | €3,114 | +€1,249 | +67.0% |
| Financial charges | 65/66B | €606 | €1,089 | +€483 | +79.7% |
| Recurring financial charges | 65 | €606 | €1,089 | +€483 | +79.7% |
| Profit (loss) for the period before taxes | 9903 | €73,496 | €33,268 | -€40,228 | -54.7% |
| Income taxes | 67/77 | €21,841 | €8,664 | -€13,177 | -60.3% |
| Profit (loss) for the period | 9904 | €51,655 | €24,604 | -€27,051 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,655 | €24,604 | -€27,051 | -52.4% |
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 21 October 2026 via checked.be.