ARAVIS: what changed
Two fiscal 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.
ARAVIS
Largest movements
- Cash -€1,953
down €1,953 (-37.8%), from €5,172 to €3,218
mainly Net result for the year (-€1,054) and Tax, wage and social debts (-€666)
- Profit (loss) carried forward -€1,054
down €1,054 (-21.3%), from -€4,937 to -€5,991
- Tax, wage and social debts -€666
down €666 (-100.0%), from €666 to €0
- Trade debts -€321
down €321 (-5.1%), from €6,243 to €5,922
- Other debts +€88
new in 2025: €88
- Financial charges -€165,967
down €165,967 (-99.9%), from €166,102 to €135
of which Non-recurring financial charges: -€166,000
- Gross operating margin +€1,344
up €1,344 (+75.7%), from -€1,775 to -€431
- Depreciation -€410
no longer reported in 2025 (was €410)
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 | €5,172 | €3,218 | -€1,953 | -37.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €5,172 | €3,218 | -€1,953 | -37.8% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €5,172 | €3,218 | -€1,953 | -37.8% |
| Total equity and liabilities | 10/49 | €5,172 | €3,218 | -€1,953 | -37.8% |
| Equity | 10/15 | -€1,737 | -€2,791 | -€1,054 | -60.7% |
| Contributions | 10/11 | €3,200 | €3,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,937 | -€5,991 | -€1,054 | -21.3% |
| Amounts payable | 17/49 | €6,909 | €6,009 | -€899 | -13.0% |
| Amounts payable within one year | 42/48 | €6,909 | €6,009 | -€899 | -13.0% |
| Trade debts | 44 | €6,243 | €5,922 | -€321 | -5.1% |
| Suppliers | 440/4 | €6,243 | €5,922 | -€321 | -5.1% |
| Taxes, remuneration and social security | 45 | €666 | €0 | -€666 | -100.0% |
| Taxes | 450/3 | €666 | €0 | -€666 | -100.0% |
| Other amounts payable | 47/48 | - | €88 | +€88 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €410 | - | -€410 | |
| Other operating charges | 640/8 | €472 | €487 | +€15 | +3.2% |
| Gross operating margin | 9900 | -€1,775 | -€431 | +€1,344 | +75.7% |
| Operating profit (loss) | 9901 | -€2,657 | -€919 | +€1,738 | +65.4% |
| Financial charges | 65/66B | €166,102 | €135 | -€165,967 | -99.9% |
| Recurring financial charges | 65 | €102 | €135 | +€33 | +32.7% |
| Non-recurring financial charges | 66B | €166,000 | - | -€166,000 | |
| Profit (loss) for the period before taxes | 9903 | -€168,759 | -€1,054 | +€167,705 | +99.4% |
| Profit (loss) for the period | 9904 | -€168,759 | -€1,054 | +€167,705 | +99.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€168,759 | -€1,054 | +€167,705 | +99.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.