ARETECH: 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.
ARETECH
Largest movements
- Receivables within one year +€60,239
up €60,239 (+81.2%), from €74,193 to €134,432
of which Other amounts receivable: +€53,217
- Cash -€35,913
down €35,913 (-85.5%), from €41,991 to €6,078
mainly Receivables within one year (-€60,239) and Trade debts (-€31,828)
- Profit (loss) carried forward +€57,771
up €57,771 (+120.4%), from €47,988 to €105,759
- Trade debts -€31,828
down €31,828 (-80.0%), from €39,767 to €7,939
- Gross operating margin +€16,257
up €16,257 (+26.7%), from €60,835 to €77,093
- Other operating charges +€2,871
up €2,871 (+1297.9%), from €221 to €3,092
- Taxes +€2,751
up €2,751 (+22.3%), from €12,360 to €15,111
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 | €117,154 | €142,297 | +€25,143 | +21.5% |
| Fixed assets | 21/28 | €970 | €574 | -€397 | -40.9% |
| Tangible fixed assets | 22/27 | €970 | €574 | -€397 | -40.9% |
| Furniture and vehicles | 24 | €970 | €574 | -€397 | -40.9% |
| Current assets | 29/58 | €116,184 | €141,723 | +€25,539 | +22.0% |
| Amounts receivable within one year | 40/41 | €74,193 | €134,432 | +€60,239 | +81.2% |
| Trade receivables | 40 | €24,644 | €31,666 | +€7,022 | +28.5% |
| Other amounts receivable | 41 | €49,549 | €102,766 | +€53,217 | +107.4% |
| Cash at bank and in hand | 54/58 | €41,991 | €6,078 | -€35,913 | -85.5% |
| Deferred charges and accrued income | 490/1 | - | €1,213 | +€1,213 | |
| Total equity and liabilities | 10/49 | €117,154 | €142,297 | +€25,143 | +21.5% |
| Equity | 10/15 | €52,988 | €110,759 | +€57,771 | +109.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,988 | €105,759 | +€57,771 | +120.4% |
| Amounts payable | 17/49 | €64,166 | €31,538 | -€32,629 | -50.9% |
| Amounts payable within one year | 42/48 | €64,166 | €31,538 | -€32,629 | -50.9% |
| Trade debts | 44 | €39,767 | €7,939 | -€31,828 | -80.0% |
| Suppliers | 440/4 | €39,767 | €7,939 | -€31,828 | -80.0% |
| Taxes, remuneration and social security | 45 | €24,399 | €23,598 | -€801 | -3.3% |
| Taxes | 450/3 | €24,399 | €23,598 | -€801 | -3.3% |
| Remuneration, social security and pensions | 62 | - | €437 | +€437 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €219 | €397 | +€177 | +80.8% |
| Other operating charges | 640/8 | €221 | €3,092 | +€2,871 | +1297.9% |
| Gross operating margin | 9900 | €60,835 | €77,093 | +€16,257 | +26.7% |
| Operating profit (loss) | 9901 | €60,395 | €73,167 | +€12,772 | +21.1% |
| Financial charges | 65/66B | €47 | €285 | +€238 | +506.3% |
| Recurring financial charges | 65 | €47 | €285 | +€238 | +506.3% |
| Profit (loss) for the period before taxes | 9903 | €60,348 | €72,882 | +€12,534 | +20.8% |
| Income taxes | 67/77 | €12,360 | €15,111 | +€2,751 | +22.3% |
| Profit (loss) for the period | 9904 | €47,988 | €57,771 | +€9,783 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,988 | €57,771 | +€9,783 | +20.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.