AREIOON: 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.
AREIOON
Largest movements
- Current investments +€82,511
up €82,511 (+4.7%), from €1.7m to €1.8m
- Other debts +€206,462
new in 2025: €206,462
- Reserves -€138,735
down €138,735 (-20.6%), from €673,561 to €534,825
of which Distributable reserves: -€138,735
- Tax, wage and social debts -€19,285
down €19,285 (-66.1%), from €29,154 to €9,869
- Gross operating margin -€148,869
down €148,869, from €121,189 to -€27,680
- Financial income +€75,606
up €75,606 (+135.0%), from €56,019 to €131,625
- Taxes -€23,347
down €23,347 (-45.4%), from €51,372 to €28,025
- Financial charges -€2,109
down €2,109 (-46.4%), from €4,546 to €2,437
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 | €1,812,597 | €1,860,011 | +€47,414 | +2.6% |
| Fixed assets | 21/28 | €33,473 | €18,977 | -€14,496 | -43.3% |
| Tangible fixed assets | 22/27 | €33,473 | €18,977 | -€14,496 | -43.3% |
| Plant, machinery and equipment | 23 | €4,573 | €3,116 | -€1,457 | -31.9% |
| Furniture and vehicles | 24 | €28,900 | €15,861 | -€13,039 | -45.1% |
| Current assets | 29/58 | €1,779,124 | €1,841,034 | +€61,911 | +3.5% |
| Amounts receivable within one year | 40/41 | €13,072 | €8,346 | -€4,725 | -36.2% |
| Trade receivables | 40 | €12,705 | - | -€12,705 | |
| Other amounts receivable | 41 | €367 | €8,346 | +€7,980 | +2177.0% |
| Current investments | 50/53 | €1,747,718 | €1,830,229 | +€82,511 | +4.7% |
| Cash at bank and in hand | 54/58 | €17,934 | €2,459 | -€15,475 | -86.3% |
| Deferred charges and accrued income | 490/1 | €401 | - | -€401 | |
| Total equity and liabilities | 10/49 | €1,812,597 | €1,860,011 | +€47,414 | +2.6% |
| Equity | 10/15 | €1,780,250 | €1,641,514 | -€138,735 | -7.8% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €673,561 | €534,825 | -€138,735 | -20.6% |
| Tax-exempt reserves | 132 | €11,186 | €11,186 | = | 0.0% |
| Distributable reserves | 133 | €662,375 | €523,640 | -€138,735 | -20.9% |
| Profit (loss) carried forward | 14 | €1,087,939 | €1,087,939 | = | 0.0% |
| Amounts payable | 17/49 | €32,348 | €218,497 | +€186,149 | +575.5% |
| Amounts payable within one year | 42/48 | €32,348 | €218,497 | +€186,149 | +575.5% |
| Trade debts | 44 | €3,194 | €2,167 | -€1,027 | -32.2% |
| Suppliers | 440/4 | €3,194 | €2,167 | -€1,027 | -32.2% |
| Taxes, remuneration and social security | 45 | €29,154 | €9,869 | -€19,285 | -66.1% |
| Taxes | 450/3 | €29,154 | €9,869 | -€19,285 | -66.1% |
| Other amounts payable | 47/48 | - | €206,462 | +€206,462 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,433 | €15,695 | +€263 | +1.7% |
| Other operating charges | 640/8 | €940 | €884 | -€56 | -5.9% |
| Gross operating margin | 9900 | €121,189 | -€27,680 | -€148,869 | |
| Operating profit (loss) | 9901 | €104,817 | -€44,260 | -€149,076 | |
| Financial income | 75/76B | €56,019 | €131,625 | +€75,606 | +135.0% |
| Recurring financial income | 75 | €56,019 | €131,625 | +€75,606 | +135.0% |
| Financial charges | 65/66B | €4,546 | €2,437 | -€2,109 | -46.4% |
| Recurring financial charges | 65 | €4,546 | €2,437 | -€2,109 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €156,289 | €84,928 | -€71,361 | -45.7% |
| Income taxes | 67/77 | €51,372 | €28,025 | -€23,347 | -45.4% |
| Profit (loss) for the period | 9904 | €104,917 | €56,903 | -€48,014 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €104,917 | €56,903 | -€48,014 | -45.8% |
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 5 October 2026 via checked.be.