ARAS Security: 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.
ARAS Security
Largest movements
- Receivables within one year +€375,490
up €375,490 (+172%), from €218,617 to €594,108
of which Trade receivables: +€200,967
- Tangible fixed assets -€43,806
down €43,806 (-21.9%), from €199,665 to €155,859
of which Furniture and vehicles: -€45,265
- Profit (loss) carried forward +€560,073
up €560,073 (+43.1%), from -€1.3m to -€738,784
- Other debts -€274,060
down €274,060 (-67.8%), from €403,960 to €129,900
- Accrued charges and deferred income +€19,584
new in 2025: €19,584
- Trade debts +€13,758
up €13,758 (+9.4%), from €146,495 to €160,252
- Gross operating margin +€399,379
up €399,379 (+49.6%), from €805,166 to €1.2m
- Staff costs +€45,756
up €45,756 (+9.7%), from €469,944 to €515,700
- Depreciation +€22,480
up €22,480 (+85.0%), from €26,440 to €48,920
- Other operating charges -€15,616
down €15,616 (-16.5%), from €94,553 to €78,937
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 | €459,705 | €782,467 | +€322,762 | +70.2% |
| Fixed assets | 21/28 | €199,790 | €156,884 | -€42,906 | -21.5% |
| Tangible fixed assets | 22/27 | €199,665 | €155,859 | -€43,806 | -21.9% |
| Plant, machinery and equipment | 23 | €7,846 | €9,305 | +€1,459 | +18.6% |
| Furniture and vehicles | 24 | €191,820 | €146,555 | -€45,265 | -23.6% |
| Financial fixed assets | 28 | €125 | €1,025 | +€900 | +720% |
| Current assets | 29/58 | €259,915 | €625,583 | +€365,668 | +141% |
| Amounts receivable within one year | 40/41 | €218,617 | €594,108 | +€375,490 | +172% |
| Trade receivables | 40 | €212,999 | €413,966 | +€200,967 | +94.4% |
| Other amounts receivable | 41 | €5,618 | €180,142 | +€174,524 | +3,106% |
| Cash at bank and in hand | 54/58 | €38,304 | €31,475 | -€6,829 | -17.8% |
| Deferred charges and accrued income | 490/1 | €2,994 | - | -€2,994 | |
| Total equity and liabilities | 10/49 | €459,705 | €782,467 | +€322,762 | +70.2% |
| Equity | 10/15 | -€148,423 | €411,650 | +€560,073 | |
| Contributions | 10/11 | €1,112,000 | €1,112,000 | = | 0.0% |
| Reserves | 13 | €38,434 | €38,434 | = | 0.0% |
| Distributable reserves | 133 | €38,434 | €38,434 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,298,857 | -€738,784 | +€560,073 | +43.1% |
| Amounts payable | 17/49 | €608,128 | €370,817 | -€237,311 | -39.0% |
| Amounts payable within one year | 42/48 | €608,128 | €351,233 | -€256,895 | -42.2% |
| Trade debts | 44 | €146,495 | €160,252 | +€13,758 | +9.4% |
| Suppliers | 440/4 | €146,495 | €160,252 | +€13,758 | +9.4% |
| Taxes, remuneration and social security | 45 | €57,673 | €61,081 | +€3,408 | +5.9% |
| Taxes | 450/3 | €1,577 | €781 | -€797 | -50.5% |
| Remuneration and social security | 454/9 | €56,096 | €60,300 | +€4,205 | +7.5% |
| Other amounts payable | 47/48 | €403,960 | €129,900 | -€274,060 | -67.8% |
| Accrued charges and deferred income | 492/3 | - | €19,584 | +€19,584 | |
| Non-recurring operating income | 76A | €16,099 | - | -€16,099 | |
| Remuneration, social security and pensions | 62 | €469,944 | €515,700 | +€45,756 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,440 | €48,920 | +€22,480 | +85.0% |
| Other operating charges | 640/8 | €94,553 | €78,937 | -€15,616 | -16.5% |
| Gross operating margin | 9900 | €805,166 | €1,204,545 | +€399,379 | +49.6% |
| Operating profit (loss) | 9901 | €214,229 | €560,988 | +€346,759 | +162% |
| Financial charges | 65/66B | €152 | €134 | -€17 | -11.5% |
| Recurring financial charges | 65 | €152 | €134 | -€17 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €214,078 | €560,853 | +€346,776 | +162% |
| Income taxes | 67/77 | €1,009 | €781 | -€228 | -22.6% |
| Profit (loss) for the period | 9904 | €213,069 | €560,073 | +€347,004 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €213,069 | €560,073 | +€347,004 | +163% |
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 15 October 2026 via checked.be.