ARI CONSTRUCT: 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.
ARI CONSTRUCT
Largest movements
- Tangible fixed assets +€20,938
up €20,938 (+2228.7%), from €939 to €21,877
- Cash +€15,613
up €15,613 (+719.0%), from €2,171 to €17,784
mainly Debts after one year (+€20,810) and Receivables within one year (+€7,862)
- Receivables within one year -€7,862
down €7,862 (-18.2%), from €43,269 to €35,407
of which Trade receivables: -€20,500
- Debts after one year +€20,810
new in 2024: €20,810
- Current portion of long-term debt +€5,264
new in 2024: €5,264
- Profit (loss) carried forward +€2,732
up €2,732 (+12.0%), from €22,791 to €25,523
- Gross operating margin +€9,850
up €9,850 (+111.4%), from €8,842 to €18,691
- Depreciation +€5,710
up €5,710 (+634.5%), from €900 to €6,610
- Taxes +€5,482
new in 2024: €5,482
- Other operating charges +€2,140
up €2,140 (+397.2%), from €539 to €2,678
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 | €46,540 | €75,632 | +€29,092 | +62.5% |
| Fixed assets | 21/28 | €1,100 | €22,037 | +€20,938 | +1904.0% |
| Tangible fixed assets | 22/27 | €939 | €21,877 | +€20,938 | +2228.7% |
| Furniture and vehicles | 24 | €939 | €21,877 | +€20,938 | +2228.7% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €45,440 | €53,595 | +€8,155 | +17.9% |
| Amounts receivable within one year | 40/41 | €43,269 | €35,407 | -€7,862 | -18.2% |
| Trade receivables | 40 | €37,000 | €16,500 | -€20,500 | -55.4% |
| Other amounts receivable | 41 | €6,269 | €18,907 | +€12,638 | +201.6% |
| Cash at bank and in hand | 54/58 | €2,171 | €17,784 | +€15,613 | +719.0% |
| Deferred charges and accrued income | 490/1 | - | €404 | +€404 | |
| Total equity and liabilities | 10/49 | €46,540 | €75,632 | +€29,092 | +62.5% |
| Equity | 10/15 | €43,251 | €45,983 | +€2,732 | +6.3% |
| 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 | €22,791 | €25,523 | +€2,732 | +12.0% |
| Amounts payable | 17/49 | €3,289 | €29,649 | +€26,360 | +801.5% |
| Amounts payable after more than one year | 17 | - | €20,810 | +€20,810 | |
| Financial debts | 170/4 | - | €20,810 | +€20,810 | |
| Amounts payable within one year | 42/48 | €3,289 | €8,839 | +€5,550 | +168.7% |
| Current portion of amounts payable after more than one year | 42 | - | €5,264 | +€5,264 | |
| Trade debts | 44 | €3,289 | €3,575 | +€286 | +8.7% |
| Suppliers | 440/4 | €3,289 | €3,575 | +€286 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €900 | €6,610 | +€5,710 | +634.5% |
| Other operating charges | 640/8 | €539 | €2,678 | +€2,140 | +397.2% |
| Gross operating margin | 9900 | €8,842 | €18,691 | +€9,850 | +111.4% |
| Operating profit (loss) | 9901 | €7,403 | €9,403 | +€2,000 | +27.0% |
| Financial charges | 65/66B | €1,013 | €1,188 | +€176 | +17.4% |
| Recurring financial charges | 65 | €1,013 | €1,188 | +€176 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €6,390 | €8,214 | +€1,824 | +28.5% |
| Income taxes | 67/77 | - | €5,482 | +€5,482 | |
| Profit (loss) for the period | 9904 | €6,390 | €2,732 | -€3,658 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,390 | €2,732 | -€3,658 | -57.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.