AREAVET: 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.
AREAVET
Largest movements
- Tangible fixed assets -€7,384
down €7,384 (-59.9%), from €12,325 to €4,941
of which Furniture and vehicles: -€5,261
- Intangible fixed assets +€7,267
up €7,267 (+66.6%), from €10,919 to €18,186
- Cash -€6,405
down €6,405 (-18.3%), from €35,065 to €28,660
mainly Net result for the year (-€18,236) and Investment in fixed assets (net) (-€10,992)
- Profit (loss) carried forward -€18,236
down €18,236, from €17,880 to -€356
- Other debts +€9,542
up €9,542 (+26.1%), from €36,571 to €46,113
- Trade debts +€2,535
up €2,535 (+129.3%), from €1,961 to €4,496
- Gross operating margin -€18,500
down €18,500, from €11,484 to -€7,016
- Purchases and services +€17,803
up €17,803 (+55.6%), from €32,033 to €49,836
- Turnover -€11,807
down €11,807 (-27.1%), from €43,517 to €31,710
- Other operating charges -€486
no longer reported in 2025 (was €486)
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 | €61,412 | €55,253 | -€6,159 | -10.0% |
| Fixed assets | 21/28 | €23,244 | €23,127 | -€118 | -0.5% |
| Intangible fixed assets | 21 | €10,919 | €18,186 | +€7,267 | +66.6% |
| Tangible fixed assets | 22/27 | €12,325 | €4,941 | -€7,384 | -59.9% |
| Plant, machinery and equipment | 23 | €5,478 | €3,355 | -€2,123 | -38.8% |
| Furniture and vehicles | 24 | €6,847 | €1,586 | -€5,261 | -76.8% |
| Current assets | 29/58 | €38,168 | €32,127 | -€6,041 | -15.8% |
| Amounts receivable within one year | 40/41 | €3,103 | €3,466 | +€364 | +11.7% |
| Trade receivables | 40 | €1,884 | €2,659 | +€776 | +41.2% |
| Other amounts receivable | 41 | €1,219 | €807 | -€412 | -33.8% |
| Cash at bank and in hand | 54/58 | €35,065 | €28,660 | -€6,405 | -18.3% |
| Total equity and liabilities | 10/49 | €61,412 | €55,253 | -€6,159 | -10.0% |
| Equity | 10/15 | €22,880 | €4,644 | -€18,236 | -79.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,880 | -€356 | -€18,236 | |
| Amounts payable | 17/49 | €38,532 | €50,609 | +€12,077 | +31.3% |
| Amounts payable within one year | 42/48 | €38,532 | €50,609 | +€12,077 | +31.3% |
| Trade debts | 44 | €1,961 | €4,496 | +€2,535 | +129.3% |
| Suppliers | 440/4 | €1,961 | €4,496 | +€2,535 | +129.3% |
| Other amounts payable | 47/48 | €36,571 | €46,113 | +€9,542 | +26.1% |
| Turnover | 70 | €43,517 | €31,710 | -€11,807 | -27.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €32,033 | €49,836 | +€17,803 | +55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,714 | €11,110 | +€396 | +3.7% |
| Other operating charges | 640/8 | €486 | - | -€486 | |
| Non-recurring operating charges | 66A | €12 | - | -€12 | |
| Gross operating margin | 9900 | €11,484 | -€7,016 | -€18,500 | |
| Operating profit (loss) | 9901 | €272 | -€18,126 | -€18,398 | |
| Financial charges | 65/66B | €346 | €110 | -€236 | -68.2% |
| Recurring financial charges | 65 | €346 | €110 | -€236 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | -€74 | -€18,236 | -€18,162 | -24660.2% |
| Profit (loss) for the period | 9904 | -€74 | -€18,236 | -€18,162 | -24660.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€74 | -€18,236 | -€18,162 | -24660.2% |
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 8 October 2026 via checked.be.