AREGON: 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.
AREGON
Largest movements
- Cash -€11,578
down €11,578 (-71.1%), from €16,294 to €4,716
mainly Trade debts (-€10,268) and Net result for the year (-€1,687)
- Deferred charges and accrued income +€1,435
up €1,435 (+134.3%), from €1,068 to €2,502
- Receivables within one year -€1,167
down €1,167 (-17.6%), from €6,633 to €5,466
of which Trade receivables: -€1,123
- Trade debts -€10,268
down €10,268 (-93.4%), from €10,990 to €721
- Profit (loss) carried forward -€1,687
down €1,687 (-302.9%), from -€557 to -€2,243
- Tax, wage and social debts +€520
up €520 (+81.2%), from €641 to €1,161
- Gross operating margin -€455
down €455 (-34.6%), from €1,317 to €862
- Financial charges -€396
down €396 (-15.2%), from €2,610 to €2,214
- Other operating charges -€74
down €74 (-42.1%), from €176 to €102
- Depreciation +€67
up €67 (+117.9%), from €57 to €124
- Financial income +€32
up €32 (+8035.0%), from €0 to €33
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 | €25,173 | €13,739 | -€11,435 | -45.4% |
| Fixed assets | 21/28 | €1,179 | €1,055 | -€124 | -10.5% |
| Tangible fixed assets | 22/27 | €1,179 | €1,055 | -€124 | -10.5% |
| Other tangible fixed assets | 26 | €1,179 | €1,055 | -€124 | -10.5% |
| Current assets | 29/58 | €23,995 | €12,684 | -€11,311 | -47.1% |
| Amounts receivable within one year | 40/41 | €6,633 | €5,466 | -€1,167 | -17.6% |
| Trade receivables | 40 | €4,151 | €3,028 | -€1,123 | -27.1% |
| Other amounts receivable | 41 | €2,482 | €2,438 | -€44 | -1.8% |
| Cash at bank and in hand | 54/58 | €16,294 | €4,716 | -€11,578 | -71.1% |
| Deferred charges and accrued income | 490/1 | €1,068 | €2,502 | +€1,435 | +134.3% |
| Total equity and liabilities | 10/49 | €25,173 | €13,739 | -€11,435 | -45.4% |
| Equity | 10/15 | €13,543 | €11,857 | -€1,687 | -12.5% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Reserves | 13 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€557 | -€2,243 | -€1,687 | -302.9% |
| Amounts payable | 17/49 | €11,630 | €1,882 | -€9,748 | -83.8% |
| Amounts payable within one year | 42/48 | €11,630 | €1,882 | -€9,748 | -83.8% |
| Trade debts | 44 | €10,990 | €721 | -€10,268 | -93.4% |
| Suppliers | 440/4 | €10,990 | €721 | -€10,268 | -93.4% |
| Taxes, remuneration and social security | 45 | €641 | €1,161 | +€520 | +81.2% |
| Taxes | 450/3 | €641 | €1,161 | +€520 | +81.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57 | €124 | +€67 | +117.9% |
| Other operating charges | 640/8 | €176 | €102 | -€74 | -42.1% |
| Gross operating margin | 9900 | €1,317 | €862 | -€455 | -34.6% |
| Operating profit (loss) | 9901 | €1,084 | €636 | -€448 | -41.3% |
| Financial income | 75/76B | €0 | €33 | +€32 | +8035.0% |
| Recurring financial income | 75 | €0 | €33 | +€32 | +8035.0% |
| Financial charges | 65/66B | €2,610 | €2,214 | -€396 | -15.2% |
| Recurring financial charges | 65 | €2,610 | €2,214 | -€396 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,526 | -€1,546 | -€20 | -1.3% |
| Income taxes | 67/77 | €128 | €141 | +€13 | +10.1% |
| Profit (loss) for the period | 9904 | -€1,654 | -€1,687 | -€33 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,654 | -€1,687 | -€33 | -2.0% |
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 7 October 2026 via checked.be.