ARETECDE HOLDING: 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.
ARETECDE HOLDING
Largest movements
- Cash -€4,790
down €4,790 (-79.6%), from €6,020 to €1,230
mainly Net result for the year (-€4,372) and Tax, wage and social debts (-€3,532)
- Receivables within one year -€3,298
down €3,298 (-2.8%), from €118,099 to €114,801
of which Other amounts receivable: -€3,298
- Profit (loss) carried forward -€4,372
down €4,372 (-5.8%), from €75,779 to €71,407
- Tax, wage and social debts -€3,532
down €3,532 (-100%), from €3,532 to €0
- Financial income +€586
up €586 (+31.3%), from €1,874 to €2,461
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.
Derived cash bridge
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 | €124,768 | €116,681 | -€8,087 | -6.5% |
| Fixed assets | 21/28 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €124,268 | €116,181 | -€8,087 | -6.5% |
| Amounts receivable within one year | 40/41 | €118,099 | €114,801 | -€3,298 | -2.8% |
| Trade receivables | 40 | €3,464 | €3,464 | = | 0.0% |
| Other amounts receivable | 41 | €114,635 | €111,337 | -€3,298 | -2.9% |
| Cash at bank and in hand | 54/58 | €6,020 | €1,230 | -€4,790 | -79.6% |
| Deferred charges and accrued income | 490/1 | €150 | €150 | = | 0.0% |
| Total equity and liabilities | 10/49 | €124,768 | €116,681 | -€8,087 | -6.5% |
| Equity | 10/15 | €96,239 | €91,867 | -€4,372 | -4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,779 | €71,407 | -€4,372 | -5.8% |
| Amounts payable | 17/49 | €28,529 | €24,814 | -€3,715 | -13.0% |
| Amounts payable within one year | 42/48 | €28,529 | €24,814 | -€3,715 | -13.0% |
| Trade debts | 44 | €6,183 | €6,000 | -€183 | -3.0% |
| Suppliers | 440/4 | €6,183 | €6,000 | -€183 | -3.0% |
| Taxes, remuneration and social security | 45 | €3,532 | €0 | -€3,532 | -100% |
| Taxes | 450/3 | €3,532 | €0 | -€3,532 | -100% |
| Other amounts payable | 47/48 | €18,814 | €18,814 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | -€6,203 | -€6,202 | +€1 | 0.0% |
| Operating profit (loss) | 9901 | -€6,772 | -€6,787 | -€16 | -0.2% |
| Financial income | 75/76B | €1,874 | €2,461 | +€586 | +31.3% |
| Recurring financial income | 75 | €1,874 | €2,461 | +€586 | +31.3% |
| Financial charges | 65/66B | €45 | €45 | +€0 | +0.8% |
| Recurring financial charges | 65 | €45 | €45 | +€0 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,943 | -€4,372 | +€570 | +11.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€4,943 | -€4,372 | +€570 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,943 | -€4,372 | +€570 | +11.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.