AREND: 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.
AREND
Largest movements
- Receivables within one year +€21,483
up €21,483 (+45.6%), from €47,084 to €68,567
of which Trade receivables: +€19,108
- Tangible fixed assets -€17,947
down €17,947 (-31.5%), from €56,990 to €39,043
- Stocks and contracts +€5,965
up €5,965 (+11.4%), from €52,477 to €58,442
- Deferred charges and accrued income +€2,600
up €2,600 (+83.6%), from €3,110 to €5,710
- Trade debts +€36,350
up €36,350 (+134780.1%), from €27 to €36,377
- Accrued charges and deferred income -€14,370
down €14,370 (-100.0%), from €14,370 to €0
- Debts after one year -€13,102
down €13,102 (-43.4%), from €30,200 to €17,098
- Reserves +€12,951
up €12,951 (+221.5%), from €5,847 to €18,798
- Other debts -€10,547
down €10,547 (-19.8%), from €53,220 to €42,673
- Depreciation +€3,754
up €3,754 (+25.0%), from €14,996 to €18,750
- Financial charges -€984
down €984 (-32.4%), from €3,041 to €2,056
- Taxes +€694
up €694 (+11.5%), from €6,031 to €6,725
- Gross operating margin +€582
up €582 (+1.4%), from €42,540 to €43,122
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 | €167,744 | €181,479 | +€13,734 | +8.2% |
| Fixed assets | 21/28 | €58,465 | €40,518 | -€17,947 | -30.7% |
| Tangible fixed assets | 22/27 | €56,990 | €39,043 | -€17,947 | -31.5% |
| Plant, machinery and equipment | 23 | €23,516 | €17,649 | -€5,867 | -24.9% |
| Furniture and vehicles | 24 | €16,547 | €11,324 | -€5,223 | -31.6% |
| Leasing and similar rights | 25 | €16,926 | €10,070 | -€6,856 | -40.5% |
| Financial fixed assets | 28 | €1,475 | €1,475 | = | 0.0% |
| Current assets | 29/58 | €109,280 | €140,961 | +€31,681 | +29.0% |
| Stocks and contracts in progress | 3 | €52,477 | €58,442 | +€5,965 | +11.4% |
| Stocks | 30/36 | €52,477 | €58,442 | +€5,965 | +11.4% |
| Amounts receivable within one year | 40/41 | €47,084 | €68,567 | +€21,483 | +45.6% |
| Trade receivables | 40 | €44,597 | €63,704 | +€19,108 | +42.8% |
| Other amounts receivable | 41 | €2,488 | €4,863 | +€2,376 | +95.5% |
| Cash at bank and in hand | 54/58 | €6,608 | €8,241 | +€1,633 | +24.7% |
| Deferred charges and accrued income | 490/1 | €3,110 | €5,710 | +€2,600 | +83.6% |
| Total equity and liabilities | 10/49 | €167,744 | €181,479 | +€13,734 | +8.2% |
| Equity | 10/15 | €24,447 | €37,398 | +€12,951 | +53.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,847 | €18,798 | +€12,951 | +221.5% |
| Distributable reserves | 133 | €5,847 | €18,798 | +€12,951 | +221.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €143,298 | €144,081 | +€783 | +0.5% |
| Amounts payable after more than one year | 17 | €30,200 | €17,098 | -€13,102 | -43.4% |
| Financial debts | 170/4 | €30,200 | €17,098 | -€13,102 | -43.4% |
| Amounts payable within one year | 42/48 | €98,728 | €126,983 | +€28,255 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €12,925 | €13,102 | +€177 | +1.4% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €27 | €36,377 | +€36,350 | +134780.1% |
| Suppliers | 440/4 | €27 | €36,377 | +€36,350 | +134780.1% |
| Taxes, remuneration and social security | 45 | €7,555 | €9,830 | +€2,275 | +30.1% |
| Taxes | 450/3 | €7,555 | €9,830 | +€2,275 | +30.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €53,220 | €42,673 | -€10,547 | -19.8% |
| Accrued charges and deferred income | 492/3 | €14,370 | €0 | -€14,370 | -100.0% |
| Non-recurring operating income | 76A | €1,028 | €1,028 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,996 | €18,750 | +€3,754 | +25.0% |
| Other operating charges | 640/8 | €3,015 | €2,639 | -€375 | -12.5% |
| Gross operating margin | 9900 | €42,540 | €43,122 | +€582 | +1.4% |
| Operating profit (loss) | 9901 | €24,529 | €21,733 | -€2,796 | -11.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,041 | €2,056 | -€984 | -32.4% |
| Recurring financial charges | 65 | €3,041 | €2,056 | -€984 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €21,488 | €19,677 | -€1,812 | -8.4% |
| Income taxes | 67/77 | €6,031 | €6,725 | +€694 | +11.5% |
| Profit (loss) for the period | 9904 | €15,457 | €12,951 | -€2,506 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,457 | €12,951 | -€2,506 | -16.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.