AREIC: 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.
AREIC
Largest movements
- Receivables within one year -€1,632
down €1,632 (-7.5%), from €21,749 to €20,117
of which Trade receivables: -€941
- Other debts +€11,596
up €11,596 (+937.1%), from €1,237 to €12,833
- Profit (loss) carried forward -€9,045
down €9,045 (-214.2%), from -€4,223 to -€13,268
- Tax, wage and social debts -€4,611
down €4,611 (-82.6%), from €5,583 to €972
- Trade debts +€305
up €305, from €0 to €305
- Gross operating margin -€4,874
down €4,874 (-135.2%), from -€3,606 to -€8,480
- Financial charges +€299
up €299 (+105.9%), from €282 to €581
- Taxes -€254
no longer reported in 2024 (was €254)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,856 | €20,117 | -€1,739 | -8.0% |
| Fixed assets | 21/28 | €0 | - | = | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €21,856 | €20,117 | -€1,739 | -8.0% |
| Amounts receivable within one year | 40/41 | €21,749 | €20,117 | -€1,632 | -7.5% |
| Trade receivables | 40 | €941 | - | -€941 | |
| Other amounts receivable | 41 | €20,808 | €20,117 | -€691 | -3.3% |
| Cash at bank and in hand | 54/58 | €49 | - | -€49 | |
| Deferred charges and accrued income | 490/1 | €58 | - | -€58 | |
| Total equity and liabilities | 10/49 | €21,856 | €20,117 | -€1,739 | -8.0% |
| Equity | 10/15 | €15,036 | €5,991 | -€9,045 | -60.2% |
| Contributions | 10/11 | €3,250 | €3,250 | = | 0.0% |
| Reserves | 13 | €16,009 | €16,009 | = | 0.0% |
| Distributable reserves | 133 | €16,009 | €16,009 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,223 | -€13,268 | -€9,045 | -214.2% |
| Amounts payable | 17/49 | €6,820 | €14,126 | +€7,306 | +107.1% |
| Amounts payable within one year | 42/48 | €6,820 | €14,126 | +€7,306 | +107.1% |
| Financial debts | 43 | - | €16 | +€16 | |
| Credit institutions | 430/8 | - | €16 | +€16 | |
| Trade debts | 44 | €0 | €305 | +€305 | |
| Suppliers | 440/4 | €0 | €305 | +€305 | |
| Taxes, remuneration and social security | 45 | €5,583 | €972 | -€4,611 | -82.6% |
| Taxes | 450/3 | €5,583 | €972 | -€4,611 | -82.6% |
| Other amounts payable | 47/48 | €1,237 | €12,833 | +€11,596 | +937.1% |
| Non-recurring operating income | 76A | €922 | - | -€922 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €81 | - | -€81 | |
| Non-recurring operating charges | 66A | €1 | - | -€1 | |
| Gross operating margin | 9900 | -€3,606 | -€8,480 | -€4,874 | -135.2% |
| Operating profit (loss) | 9901 | -€3,687 | -€8,480 | -€4,792 | -130.0% |
| Financial income | 75/76B | €0 | €15 | +€15 | +149900.0% |
| Recurring financial income | 75 | €0 | €15 | +€15 | +149900.0% |
| Financial charges | 65/66B | €282 | €581 | +€299 | +105.9% |
| Recurring financial charges | 65 | €282 | €581 | +€299 | +105.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,970 | -€9,045 | -€5,076 | -127.9% |
| Income taxes | 67/77 | €254 | - | -€254 | |
| Profit (loss) for the period | 9904 | -€4,223 | -€9,045 | -€4,822 | -114.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,223 | -€9,045 | -€4,822 | -114.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.