Ariadne Inc.: 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.
Ariadne Inc.
Largest movements
- Cash -€42,923
down €42,923 (-28.4%), from €150,953 to €108,030
mainly Contributions, distributions and other (-€128,951) and Other debts (-€71,669)
- Receivables within one year -€35,119
down €35,119 (-56.3%), from €62,355 to €27,236
of which Trade receivables: -€38,299
- Other debts -€71,669
down €71,669 (-38.6%), from €185,620 to €113,951
- Tax, wage and social debts -€5,373
down €5,373 (-19.4%), from €27,687 to €22,314
of which Taxes: -€5,389
- Gross operating margin -€75,565
down €75,565 (-31.2%), from €241,837 to €166,272
- Taxes -€19,146
down €19,146 (-34.2%), from €55,966 to €36,820
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.
Derived cash bridge
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 | €213,308 | €136,266 | -€77,042 | -36.1% |
| Fixed assets | 21/28 | - | €1,000 | +€1,000 | |
| Tangible fixed assets | 22/27 | - | €1,000 | +€1,000 | |
| Furniture and vehicles | 24 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €213,308 | €135,266 | -€78,042 | -36.6% |
| Amounts receivable within one year | 40/41 | €62,355 | €27,236 | -€35,119 | -56.3% |
| Trade receivables | 40 | €62,355 | €24,056 | -€38,299 | -61.4% |
| Other amounts receivable | 41 | €0 | €3,180 | +€3,180 | |
| Cash at bank and in hand | 54/58 | €150,953 | €108,030 | -€42,923 | -28.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €213,308 | €136,266 | -€77,042 | -36.1% |
| Equity | 10/15 | €1 | €1 | = | 0.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €213,307 | €136,265 | -€77,042 | -36.1% |
| Amounts payable within one year | 42/48 | €213,307 | €136,265 | -€77,042 | -36.1% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €27,687 | €22,314 | -€5,373 | -19.4% |
| Taxes | 450/3 | €23,998 | €18,609 | -€5,389 | -22.5% |
| Remuneration and social security | 454/9 | €3,689 | €3,705 | +€16 | +0.4% |
| Other amounts payable | 47/48 | €185,620 | €113,951 | -€71,669 | -38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €239 | +€239 | |
| Other operating charges | 640/8 | €212 | €218 | +€6 | +2.8% |
| Gross operating margin | 9900 | €241,837 | €166,272 | -€75,565 | -31.2% |
| Operating profit (loss) | 9901 | €241,625 | €165,816 | -€75,809 | -31.4% |
| Financial charges | 65/66B | €39 | €45 | +€6 | +15.3% |
| Recurring financial charges | 65 | €39 | €45 | +€6 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €241,586 | €165,771 | -€75,815 | -31.4% |
| Income taxes | 67/77 | €55,966 | €36,820 | -€19,146 | -34.2% |
| Profit (loss) for the period | 9904 | €185,620 | €128,951 | -€56,669 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €185,620 | €128,951 | -€56,669 | -30.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.