ARIA - DOC: 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.
ARIA - DOC
Largest movements
- Tangible fixed assets -€23,742
down €23,742 (-15.5%), from €153,116 to €129,374
of which Land and buildings: -€13,395
- Cash +€10,472
up €10,472 (+21.8%), from €48,122 to €58,594
mainly Depreciation (+€23,742) and Net result for the year (+€22,870)
- Deferred charges and accrued income -€7,874
down €7,874 (-76.1%), from €10,351 to €2,476
- Current portion of long-term debt -€13,534
no longer reported in 2025 (was €13,534)
- Other debts -€8,231
down €8,231 (-21.1%), from €39,028 to €30,797
- Gross operating margin +€19,252
up €19,252 (+27.1%), from €70,944 to €90,196
- Taxes +€7,341
up €7,341 (+198.0%), from €3,708 to €11,050
- Staff costs -€1,610
down €1,610 (-5.5%), from €29,287 to €27,677
- Depreciation -€945
down €945 (-3.8%), from €24,687 to €23,742
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 | €223,880 | €203,394 | -€20,486 | -9.2% |
| Fixed assets | 21/28 | €153,116 | €129,374 | -€23,742 | -15.5% |
| Tangible fixed assets | 22/27 | €153,116 | €129,374 | -€23,742 | -15.5% |
| Land and buildings | 22 | €132,283 | €118,887 | -€13,395 | -10.1% |
| Plant, machinery and equipment | 23 | €9,468 | €5,371 | -€4,097 | -43.3% |
| Furniture and vehicles | 24 | €11,366 | €5,116 | -€6,250 | -55.0% |
| Current assets | 29/58 | €70,764 | €74,020 | +€3,256 | +4.6% |
| Amounts receivable within one year | 40/41 | €12,292 | €12,950 | +€659 | +5.4% |
| Other amounts receivable | 41 | €12,292 | €12,950 | +€659 | +5.4% |
| Cash at bank and in hand | 54/58 | €48,122 | €58,594 | +€10,472 | +21.8% |
| Deferred charges and accrued income | 490/1 | €10,351 | €2,476 | -€7,874 | -76.1% |
| Total equity and liabilities | 10/49 | €223,880 | €203,394 | -€20,486 | -9.2% |
| Equity | 10/15 | €152,213 | €154,071 | +€1,858 | +1.2% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Outside capital | 11 | €20,451 | €20,451 | = | 0.0% |
| Other | 1109/19 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €187,668 | €189,526 | +€1,858 | +1.0% |
| Distributable reserves | 133 | €187,668 | €189,526 | +€1,858 | +1.0% |
| Profit (loss) carried forward | 14 | -€55,907 | -€55,907 | = | 0.0% |
| Amounts payable | 17/49 | €71,668 | €49,324 | -€22,344 | -31.2% |
| Amounts payable within one year | 42/48 | €71,668 | €49,324 | -€22,344 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €13,534 | - | -€13,534 | |
| Financial debts | 43 | €12,328 | €11,675 | -€653 | -5.3% |
| Credit institutions | 430/8 | €12,328 | €11,675 | -€653 | -5.3% |
| Trade debts | 44 | €1,871 | €1,100 | -€771 | -41.2% |
| Suppliers | 440/4 | €1,871 | €1,100 | -€771 | -41.2% |
| Taxes, remuneration and social security | 45 | €4,907 | €5,751 | +€844 | +17.2% |
| Remuneration and social security | 454/9 | €4,907 | €5,751 | +€844 | +17.2% |
| Other amounts payable | 47/48 | €39,028 | €30,797 | -€8,231 | -21.1% |
| Remuneration, social security and pensions | 62 | €29,287 | €27,677 | -€1,610 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,687 | €23,742 | -€945 | -3.8% |
| Other operating charges | 640/8 | €2,446 | €2,304 | -€142 | -5.8% |
| Gross operating margin | 9900 | €70,944 | €90,196 | +€19,252 | +27.1% |
| Operating profit (loss) | 9901 | €14,524 | €36,473 | +€21,949 | +151.1% |
| Financial income | 75/76B | €143 | €193 | +€50 | +34.9% |
| Recurring financial income | 75 | €143 | €193 | +€50 | +34.9% |
| Financial charges | 65/66B | €2,606 | €2,746 | +€141 | +5.4% |
| Recurring financial charges | 65 | €2,606 | €2,746 | +€141 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €12,061 | €33,919 | +€21,858 | +181.2% |
| Income taxes | 67/77 | €3,708 | €11,050 | +€7,341 | +198.0% |
| Profit (loss) for the period | 9904 | €8,353 | €22,870 | +€14,517 | +173.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,353 | €22,870 | +€14,517 | +173.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.