ARIA: 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.
ARIA
Largest movements
- Tangible fixed assets -€19,073
down €19,073 (-10.3%), from €184,996 to €165,923
of which Land and buildings: -€15,006
- Stocks and contracts +€18,654
up €18,654 (+41.1%), from €45,370 to €64,024
- Trade debts -€15,632
down €15,632 (-87.3%), from €17,916 to €2,283
- Other debts +€12,538
up €12,538 (+60.0%), from €20,896 to €33,434
- Current portion of long-term debt -€12,524
down €12,524 (-56.0%), from €22,364 to €9,839
- Debts after one year +€12,000
up €12,000 (+15.1%), from €79,348 to €91,348
of which Financial debts: +€12,000
- Profit (loss) carried forward +€3,075
up €3,075 (+7.0%), from €43,676 to €46,751
- Gross operating margin -€18,213
down €18,213 (-39.1%), from €46,633 to €28,420
- Other operating charges -€11,815
down €11,815 (-85.7%), from €13,782 to €1,966
- Taxes -€5,337
down €5,337 (-97.7%), from €5,461 to €125
- Depreciation -€3,845
down €3,845 (-16.8%), from €22,918 to €19,073
- Financial charges -€483
down €483 (-10.4%), from €4,665 to €4,182
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.
Derived cash bridge
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 | €234,416 | €233,998 | -€419 | -0.2% |
| Fixed assets | 21/28 | €184,996 | €165,923 | -€19,073 | -10.3% |
| Tangible fixed assets | 22/27 | €184,996 | €165,923 | -€19,073 | -10.3% |
| Land and buildings | 22 | €92,858 | €77,852 | -€15,006 | -16.2% |
| Furniture and vehicles | 24 | €181 | €0 | -€181 | -100% |
| Other tangible fixed assets | 26 | €91,957 | €88,071 | -€3,886 | -4.2% |
| Current assets | 29/58 | €49,421 | €68,075 | +€18,654 | +37.7% |
| Stocks and contracts in progress | 3 | €45,370 | €64,024 | +€18,654 | +41.1% |
| Stocks | 30/36 | €45,370 | €64,024 | +€18,654 | +41.1% |
| Amounts receivable within one year | 40/41 | €924 | €924 | = | 0.0% |
| Other amounts receivable | 41 | €924 | €924 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,127 | €3,127 | = | 0.0% |
| Total equity and liabilities | 10/49 | €234,416 | €233,998 | -€419 | -0.2% |
| Equity | 10/15 | €93,894 | €96,969 | +€3,075 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,618 | €31,618 | = | 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% |
| Distributable reserves | 133 | €29,758 | €29,758 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,676 | €46,751 | +€3,075 | +7.0% |
| Amounts payable | 17/49 | €140,523 | €137,029 | -€3,494 | -2.5% |
| Amounts payable after more than one year | 17 | €79,348 | €91,348 | +€12,000 | +15.1% |
| Financial debts | 170/4 | €77,858 | €89,858 | +€12,000 | +15.4% |
| Other amounts payable | 178/9 | €1,490 | €1,490 | = | 0.0% |
| Amounts payable within one year | 42/48 | €61,175 | €45,681 | -€15,494 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €22,364 | €9,839 | -€12,524 | -56.0% |
| Trade debts | 44 | €17,916 | €2,283 | -€15,632 | -87.3% |
| Suppliers | 440/4 | €17,916 | €2,283 | -€15,632 | -87.3% |
| Taxes, remuneration and social security | 45 | - | €125 | +€125 | |
| Taxes | 450/3 | - | €125 | +€125 | |
| Other amounts payable | 47/48 | €20,896 | €33,434 | +€12,538 | +60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,918 | €19,073 | -€3,845 | -16.8% |
| Other operating charges | 640/8 | €13,782 | €1,966 | -€11,815 | -85.7% |
| Gross operating margin | 9900 | €46,633 | €28,420 | -€18,213 | -39.1% |
| Operating profit (loss) | 9901 | €9,933 | €7,381 | -€2,553 | -25.7% |
| Financial charges | 65/66B | €4,665 | €4,182 | -€483 | -10.4% |
| Recurring financial charges | 65 | €4,665 | €4,182 | -€483 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €5,268 | €3,199 | -€2,069 | -39.3% |
| Income taxes | 67/77 | €5,461 | €125 | -€5,337 | -97.7% |
| Profit (loss) for the period | 9904 | -€193 | €3,074 | +€3,267 | |
| Profit (loss) for the period to be appropriated | 9905 | -€193 | €3,074 | +€3,267 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.