ARIAS: 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.
ARIAS
Largest movements
- Tangible fixed assets +€18,246
up €18,246 (+400.0%), from €4,562 to €22,808
of which Furniture and vehicles: +€19,029
- Stocks and contracts -€5,855
down €5,855 (-47.9%), from €12,222 to €6,367
- Receivables within one year +€4,323
up €4,323 (+10.5%), from €41,314 to €45,638
of which Other amounts receivable: +€7,771
- Deferred charges and accrued income +€1,342
up €1,342 (+119.4%), from €1,124 to €2,466
- Profit (loss) carried forward +€12,151
up €12,151 (+69.5%), from €17,487 to €29,638
- Current portion of long-term debt +€6,029
up €6,029 (+127.9%), from €4,712 to €10,741
- Tax, wage and social debts +€5,335
up €5,335 (+948.9%), from €562 to €5,898
of which Taxes: +€3,335
- Debts after one year -€4,176
down €4,176 (-100.0%), from €4,176 to €0
- Trade debts -€1,107
down €1,107 (-23.0%), from €4,807 to €3,699
- Gross operating margin +€10,987
up €10,987 (+45.4%), from €24,213 to €35,201
- Depreciation +€6,702
up €6,702 (+713.6%), from €939 to €7,641
- Taxes +€3,597
up €3,597 (+1196.1%), from €301 to €3,898
- Financial charges +€1,646
up €1,646 (+20.3%), from €8,109 to €9,755
- Other operating charges +€493
up €493 (+37.9%), from €1,301 to €1,794
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 | €63,165 | €81,840 | +€18,676 | +29.6% |
| Fixed assets | 21/28 | €4,562 | €22,808 | +€18,246 | +400.0% |
| Tangible fixed assets | 22/27 | €4,562 | €22,808 | +€18,246 | +400.0% |
| Plant, machinery and equipment | 23 | €1,756 | €973 | -€782 | -44.6% |
| Furniture and vehicles | 24 | €2,806 | €21,834 | +€19,029 | +678.2% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €58,603 | €59,033 | +€429 | +0.7% |
| Stocks and contracts in progress | 3 | €12,222 | €6,367 | -€5,855 | -47.9% |
| Stocks | 30/36 | €12,222 | €6,367 | -€5,855 | -47.9% |
| Amounts receivable within one year | 40/41 | €41,314 | €45,638 | +€4,323 | +10.5% |
| Trade receivables | 40 | €6,691 | €3,244 | -€3,447 | -51.5% |
| Other amounts receivable | 41 | €34,623 | €42,394 | +€7,771 | +22.4% |
| Cash at bank and in hand | 54/58 | €3,943 | €4,562 | +€618 | +15.7% |
| Deferred charges and accrued income | 490/1 | €1,124 | €2,466 | +€1,342 | +119.4% |
| Total equity and liabilities | 10/49 | €63,165 | €81,840 | +€18,676 | +29.6% |
| Equity | 10/15 | €37,939 | €50,089 | +€12,151 | +32.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,487 | €29,638 | +€12,151 | +69.5% |
| Amounts payable | 17/49 | €25,226 | €31,751 | +€6,525 | +25.9% |
| Amounts payable after more than one year | 17 | €4,176 | €0 | -€4,176 | -100.0% |
| Financial debts | 170/4 | €4,176 | €0 | -€4,176 | -100.0% |
| Amounts payable within one year | 42/48 | €14,567 | €24,360 | +€9,794 | +67.2% |
| Current portion of amounts payable after more than one year | 42 | €4,712 | €10,741 | +€6,029 | +127.9% |
| Financial debts | 43 | €4,486 | €4,023 | -€463 | -10.3% |
| Credit institutions | 430/8 | €4,486 | €4,023 | -€463 | -10.3% |
| Trade debts | 44 | €4,807 | €3,699 | -€1,107 | -23.0% |
| Suppliers | 440/4 | €4,807 | €3,699 | -€1,107 | -23.0% |
| Taxes, remuneration and social security | 45 | €562 | €5,898 | +€5,335 | +948.9% |
| Taxes | 450/3 | €562 | €3,898 | +€3,335 | +593.2% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Accrued charges and deferred income | 492/3 | €6,484 | €7,391 | +€907 | +14.0% |
| Non-recurring operating income | 76A | - | €30,080 | +€30,080 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €939 | €7,641 | +€6,702 | +713.6% |
| Other operating charges | 640/8 | €1,301 | €1,794 | +€493 | +37.9% |
| Gross operating margin | 9900 | €24,213 | €35,201 | +€10,987 | +45.4% |
| Operating profit (loss) | 9901 | €21,973 | €25,765 | +€3,792 | +17.3% |
| Financial income | 75/76B | €0 | €38 | +€38 | |
| Recurring financial income | 75 | €0 | €38 | +€38 | |
| Financial charges | 65/66B | €8,109 | €9,755 | +€1,646 | +20.3% |
| Recurring financial charges | 65 | €8,109 | €9,755 | +€1,646 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €13,864 | €16,048 | +€2,184 | +15.8% |
| Income taxes | 67/77 | €301 | €3,898 | +€3,597 | +1196.1% |
| Profit (loss) for the period | 9904 | €13,563 | €12,151 | -€1,413 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,563 | €12,151 | -€1,413 | -10.4% |
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 8 October 2026 via checked.be.