ARIALEX: 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.
ARIALEX
Largest movements
- Tangible fixed assets +€3,979
up €3,979 (+107.7%), from €3,695 to €7,673
of which Furniture and vehicles: +€3,168
- Receivables within one year +€3,521
up €3,521 (+17.3%), from €20,309 to €23,829
of which Other amounts receivable: +€3,273
- Reserves +€44,510
up €44,510 (+88.9%), from €50,048 to €94,558
- Debts after one year -€39,000
down €39,000 (-39.2%), from €99,382 to €60,382
- Tax, wage and social debts +€3,831
up €3,831 (+46.1%), from €8,306 to €12,137
- Trade debts -€2,433
down €2,433 (-69.8%), from €3,483 to €1,051
- Gross operating margin +€36,481
up €36,481 (+104.2%), from €35,004 to €71,485
- Taxes +€11,606
up €11,606 (+109.3%), from €10,621 to €22,227
- Depreciation +€1,052
up €1,052 (+151.8%), from €693 to €1,746
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 | €164,220 | €171,127 | +€6,908 | +4.2% |
| Fixed assets | 21/28 | €135,126 | €139,105 | +€3,979 | +2.9% |
| Tangible fixed assets | 22/27 | €3,695 | €7,673 | +€3,979 | +107.7% |
| Furniture and vehicles | 24 | €1,121 | €4,289 | +€3,168 | +282.7% |
| Other tangible fixed assets | 26 | €2,574 | €3,384 | +€810 | +31.5% |
| Financial fixed assets | 28 | €131,432 | €131,432 | = | 0.0% |
| Current assets | 29/58 | €29,093 | €32,022 | +€2,929 | +10.1% |
| Amounts receivable within one year | 40/41 | €20,309 | €23,829 | +€3,521 | +17.3% |
| Trade receivables | 40 | - | €248 | +€248 | |
| Other amounts receivable | 41 | €20,309 | €23,581 | +€3,273 | +16.1% |
| Cash at bank and in hand | 54/58 | €8,285 | €8,193 | -€92 | -1.1% |
| Deferred charges and accrued income | 490/1 | €500 | - | -€500 | |
| Total equity and liabilities | 10/49 | €164,220 | €171,127 | +€6,908 | +4.2% |
| Equity | 10/15 | €53,048 | €97,558 | +€44,510 | +83.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €50,048 | €94,558 | +€44,510 | +88.9% |
| Distributable reserves | 133 | €50,048 | €94,558 | +€44,510 | +88.9% |
| Amounts payable | 17/49 | €111,172 | €73,569 | -€37,602 | -33.8% |
| Amounts payable after more than one year | 17 | €99,382 | €60,382 | -€39,000 | -39.2% |
| Other amounts payable | 178/9 | €99,382 | €60,382 | -€39,000 | -39.2% |
| Amounts payable within one year | 42/48 | €11,790 | €13,188 | +€1,398 | +11.9% |
| Trade debts | 44 | €3,483 | €1,051 | -€2,433 | -69.8% |
| Suppliers | 440/4 | €3,483 | €1,051 | -€2,433 | -69.8% |
| Taxes, remuneration and social security | 45 | €8,306 | €12,137 | +€3,831 | +46.1% |
| Taxes | 450/3 | €8,306 | €12,137 | +€3,831 | +46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €693 | €1,746 | +€1,052 | +151.8% |
| Other operating charges | 640/8 | €252 | €278 | +€25 | +10.0% |
| Gross operating margin | 9900 | €35,004 | €71,485 | +€36,481 | +104.2% |
| Operating profit (loss) | 9901 | €34,058 | €69,461 | +€35,403 | +104.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -94.1% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -94.1% |
| Financial charges | 65/66B | €2,883 | €2,725 | -€158 | -5.5% |
| Recurring financial charges | 65 | €2,883 | €2,725 | -€158 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €31,176 | €66,737 | +€35,561 | +114.1% |
| Income taxes | 67/77 | €10,621 | €22,227 | +€11,606 | +109.3% |
| Profit (loss) for the period | 9904 | €20,555 | €44,510 | +€23,955 | +116.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,555 | €44,510 | +€23,955 | +116.5% |
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 5 October 2026 via checked.be.