ARIA GROUP: 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 GROUP
Largest movements
- Cash -€10,524
down €10,524 (-80.0%), from €13,146 to €2,623
mainly Investment in fixed assets (net) (-€34,966) and Current portion of long-term debt (-€29,562)
- Tangible fixed assets -€7,299
down €7,299 (-1.3%), from €576,151 to €568,852
of which Land and buildings: -€17,889
- Profit (loss) carried forward +€41,993
up €41,993 (+2820.4%), from €1,489 to €43,482
- Current portion of long-term debt -€29,562
down €29,562 (-41.1%), from €71,951 to €42,389
- Other debts -€23,581
down €23,581 (-73.3%), from €32,157 to €8,576
- Debts after one year -€13,773
down €13,773 (-2.9%), from €470,193 to €456,420
- Gross operating margin +€33,292
up €33,292 (+37.7%), from €88,339 to €121,631
- Depreciation -€23,488
down €23,488 (-35.7%), from €65,753 to €42,265
- Taxes +€10,744
up €10,744 (+1854.6%), from €579 to €11,324
- Financial charges +€8,828
up €8,828 (+53.0%), from €16,647 to €25,475
- Other operating charges -€1,407
down €1,407 (-70.9%), from €1,985 to €578
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 | €590,559 | €574,545 | -€16,014 | -2.7% |
| Fixed assets | 21/28 | €576,151 | €568,852 | -€7,299 | -1.3% |
| Tangible fixed assets | 22/27 | €576,151 | €568,852 | -€7,299 | -1.3% |
| Land and buildings | 22 | €503,109 | €485,220 | -€17,889 | -3.6% |
| Plant, machinery and equipment | 23 | €73,043 | €83,633 | +€10,590 | +14.5% |
| Current assets | 29/58 | €14,408 | €5,693 | -€8,715 | -60.5% |
| Amounts receivable within one year | 40/41 | €1,008 | €3,070 | +€2,062 | +204.5% |
| Trade receivables | 40 | €1,008 | €2,363 | +€1,355 | +134.4% |
| Other amounts receivable | 41 | - | €707 | +€707 | |
| Cash at bank and in hand | 54/58 | €13,146 | €2,623 | -€10,524 | -80.0% |
| Deferred charges and accrued income | 490/1 | €253 | - | -€253 | |
| Total equity and liabilities | 10/49 | €590,559 | €574,545 | -€16,014 | -2.7% |
| Equity | 10/15 | €4,489 | €46,482 | +€41,993 | +935.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,489 | €43,482 | +€41,993 | +2820.4% |
| Amounts payable | 17/49 | €586,070 | €528,063 | -€58,007 | -9.9% |
| Amounts payable after more than one year | 17 | €470,193 | €456,420 | -€13,773 | -2.9% |
| Financial debts | 170/4 | €470,193 | €456,420 | -€13,773 | -2.9% |
| Amounts payable within one year | 42/48 | €115,477 | €71,643 | -€43,834 | -38.0% |
| Current portion of amounts payable after more than one year | 42 | €71,951 | €42,389 | -€29,562 | -41.1% |
| Financial debts | 43 | - | €1,200 | +€1,200 | |
| Credit institutions | 430/8 | - | €1,200 | +€1,200 | |
| Trade debts | 44 | €5,142 | €7,572 | +€2,429 | +47.2% |
| Suppliers | 440/4 | €5,142 | €7,572 | +€2,429 | +47.2% |
| Taxes, remuneration and social security | 45 | €6,227 | €11,907 | +€5,680 | +91.2% |
| Taxes | 450/3 | €6,227 | €11,907 | +€5,680 | +91.2% |
| Other amounts payable | 47/48 | €32,157 | €8,576 | -€23,581 | -73.3% |
| Accrued charges and deferred income | 492/3 | €400 | - | -€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,753 | €42,265 | -€23,488 | -35.7% |
| Other operating charges | 640/8 | €1,985 | €578 | -€1,407 | -70.9% |
| Gross operating margin | 9900 | €88,339 | €121,631 | +€33,292 | +37.7% |
| Operating profit (loss) | 9901 | €20,601 | €78,788 | +€58,187 | +282.5% |
| Financial income | 75/76B | €228 | €4 | -€224 | -98.4% |
| Recurring financial income | 75 | €228 | €4 | -€224 | -98.4% |
| Financial charges | 65/66B | €16,647 | €25,475 | +€8,828 | +53.0% |
| Recurring financial charges | 65 | €16,647 | €25,475 | +€8,828 | +53.0% |
| Profit (loss) for the period before taxes | 9903 | €4,182 | €53,317 | +€49,134 | +1174.9% |
| Income taxes | 67/77 | €579 | €11,324 | +€10,744 | +1854.6% |
| Profit (loss) for the period | 9904 | €3,603 | €41,993 | +€38,390 | +1065.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,603 | €41,993 | +€38,390 | +1065.6% |
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 1 October 2026 via checked.be.