ARAZON: 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.
ARAZON
Largest movements
- Stocks and contracts -€690
down €690 (-56.6%), from €1,220 to €530
- Receivables within one year +€147
up €147 (+38.4%), from €383 to €530
- Cash -€93
no longer reported in 2025 (was €93)
mainly Other debts (-€574) and Receivables within one year (-€147)
- Other debts -€574
no longer reported in 2025 (was €574)
- Trade debts -€99
no longer reported in 2025 (was €99)
- Profit (loss) carried forward +€64
up €64 (+1.6%), from -€4,004 to -€3,940
- Tax, wage and social debts -€28
no longer reported in 2025 (was €28)
- Gross operating margin +€3,722
up €3,722, from -€3,592 to €129
- Purchases and services -€3,238
down €3,238 (-79.8%), from €4,059 to €821
- Turnover -€451
down €451 (-96.8%), from €466 to €15
- Financial charges -€295
down €295 (-81.9%), from €360 to €65
- Other operating charges -€52
no longer reported in 2025 (was €52)
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 | €1,696 | €1,060 | -€636 | -37.5% |
| Current assets | 29/58 | €1,696 | €1,060 | -€636 | -37.5% |
| Stocks and contracts in progress | 3 | €1,220 | €530 | -€690 | -56.6% |
| Stocks | 30/36 | €1,220 | €530 | -€690 | -56.6% |
| Amounts receivable within one year | 40/41 | €383 | €530 | +€147 | +38.4% |
| Other amounts receivable | 41 | €383 | €530 | +€147 | +38.4% |
| Cash at bank and in hand | 54/58 | €93 | - | -€93 | |
| Total equity and liabilities | 10/49 | €1,696 | €1,060 | -€636 | -37.5% |
| Equity | 10/15 | €996 | €1,060 | +€64 | +6.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,004 | -€3,940 | +€64 | +1.6% |
| Amounts payable | 17/49 | €701 | - | -€701 | |
| Amounts payable within one year | 42/48 | €701 | - | -€701 | |
| Trade debts | 44 | €99 | - | -€99 | |
| Suppliers | 440/4 | €99 | - | -€99 | |
| Taxes, remuneration and social security | 45 | €28 | - | -€28 | |
| Taxes | 450/3 | €28 | - | -€28 | |
| Other amounts payable | 47/48 | €574 | - | -€574 | |
| Turnover | 70 | €466 | €15 | -€451 | -96.8% |
| Non-recurring operating income | 76A | - | €935 | +€935 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,059 | €821 | -€3,238 | -79.8% |
| Other operating charges | 640/8 | €52 | - | -€52 | |
| Gross operating margin | 9900 | -€3,592 | €129 | +€3,722 | |
| Operating profit (loss) | 9901 | -€3,644 | €129 | +€3,774 | |
| Financial charges | 65/66B | €360 | €65 | -€295 | -81.9% |
| Recurring financial charges | 65 | €360 | €65 | -€295 | -81.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,004 | €64 | +€4,069 | |
| Profit (loss) for the period | 9904 | -€4,004 | €64 | +€4,069 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,004 | €64 | +€4,069 |
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 10 October 2026 via checked.be.