ARAS FOOD: what changed
ARAS FOOD
Largest movements
- Receivables within one year +€14,711
up €14,711 (+10.4%), from €141,810 to €156,521
- Tangible fixed assets -€8,572
down €8,572 (-17.4%), from €49,341 to €40,769
of which Leasing and similar rights: -€8,757
- Cash -€6,322
down €6,322 (-27.7%), from €22,827 to €16,506
mainly Net result for the year (-€18,473) and Trade debts (-€17,022)
- Intangible fixed assets -€5,250
down €5,250 (-50.0%), from €10,500 to €5,250
- Debts after one year +€19,721
up €19,721 (+54.9%), from €35,919 to €55,640
- Profit (loss) carried forward -€18,473
down €18,473 (-12.8%), from €144,439 to €125,966
- Trade debts -€17,022
down €17,022 (-69.6%), from €24,445 to €7,423
- Current portion of long-term debt +€9,701
up €9,701 (+147%), from €6,578 to €16,279
- Staff costs -€31,942
down €31,942 (-42.0%), from €76,007 to €44,066
- Gross operating margin -€21,775
down €21,775 (-30.4%), from €71,707 to €49,932
- Depreciation +€8,661
up €8,661 (+106%), from €8,161 to €16,822
- Other operating charges +€8,386
up €8,386 (+398%), from €2,107 to €10,493
- Financial charges +€4,380
up €4,380 (+788%), from €556 to €4,935
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,765 | €225,333 | -€5,433 | -2.4% |
| Fixed assets | 21/28 | €60,044 | €46,222 | -€13,822 | -23.0% |
| Intangible fixed assets | 21 | €10,500 | €5,250 | -€5,250 | -50.0% |
| Tangible fixed assets | 22/27 | €49,341 | €40,769 | -€8,572 | -17.4% |
| Plant, machinery and equipment | 23 | €3,966 | €4,906 | +€940 | +23.7% |
| Leasing and similar rights | 25 | €41,917 | €33,160 | -€8,757 | -20.9% |
| Other tangible fixed assets | 26 | €3,459 | €2,703 | -€755 | -21.8% |
| Financial fixed assets | 28 | €203 | €203 | = | 0.0% |
| Current assets | 29/58 | €170,721 | €179,110 | +€8,389 | +4.9% |
| Stocks and contracts in progress | 3 | €5,281 | €5,281 | = | 0.0% |
| Stocks | 30/36 | €5,281 | €5,281 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €141,810 | €156,521 | +€14,711 | +10.4% |
| Other amounts receivable | 41 | €141,810 | €156,521 | +€14,711 | +10.4% |
| Cash at bank and in hand | 54/58 | €22,827 | €16,506 | -€6,322 | -27.7% |
| Deferred charges and accrued income | 490/1 | €803 | €803 | = | 0.0% |
| Total equity and liabilities | 10/49 | €230,765 | €225,333 | -€5,433 | -2.4% |
| Equity | 10/15 | €152,499 | €134,026 | -€18,473 | -12.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,439 | €125,966 | -€18,473 | -12.8% |
| Amounts payable | 17/49 | €78,266 | €91,307 | +€13,041 | +16.7% |
| Amounts payable after more than one year | 17 | €35,919 | €55,640 | +€19,721 | +54.9% |
| Financial debts | 170/4 | €35,919 | €55,640 | +€19,721 | +54.9% |
| Amounts payable within one year | 42/48 | €42,347 | €35,667 | -€6,680 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €6,578 | €16,279 | +€9,701 | +147% |
| Trade debts | 44 | €24,445 | €7,423 | -€17,022 | -69.6% |
| Suppliers | 440/4 | €24,445 | €7,423 | -€17,022 | -69.6% |
| Taxes, remuneration and social security | 45 | €11,323 | €11,964 | +€641 | +5.7% |
| Taxes | 450/3 | €4,807 | €499 | -€4,309 | -89.6% |
| Remuneration and social security | 454/9 | €6,516 | €11,466 | +€4,950 | +76.0% |
| Remuneration, social security and pensions | 62 | €76,007 | €44,066 | -€31,942 | -42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,161 | €16,822 | +€8,661 | +106% |
| Other operating charges | 640/8 | €2,107 | €10,493 | +€8,386 | +398% |
| Gross operating margin | 9900 | €71,707 | €49,932 | -€21,775 | -30.4% |
| Operating profit (loss) | 9901 | -€14,568 | -€21,448 | -€6,880 | -47.2% |
| Financial income | 75/76B | €8,091 | €8,025 | -€66 | -0.8% |
| Recurring financial income | 75 | €8,091 | €8,025 | -€66 | -0.8% |
| Financial charges | 65/66B | €556 | €4,935 | +€4,380 | +788% |
| Recurring financial charges | 65 | €556 | €4,935 | +€4,380 | +788% |
| Profit (loss) for the period before taxes | 9903 | -€7,033 | -€18,359 | -€11,326 | -161% |
| Income taxes | 67/77 | €7 | €114 | +€108 | +1,569% |
| Profit (loss) for the period | 9904 | -€7,040 | -€18,473 | -€11,433 | -162% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,040 | -€18,473 | -€11,433 | -162% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.