ARICO: what changed
ARICO
Largest movements
- Cash +€5,451
up €5,451 (+30.1%), from €18,127 to €23,578
mainly Net result for the year (+€8,325) and Depreciation (+€3,626)
- Receivables within one year -€854
down €854 (-13.6%), from €6,260 to €5,406
of which Trade receivables: -€3,181
- Profit (loss) carried forward +€8,325
up €8,325 (+25.1%), from -€33,160 to -€24,835
- Other debts -€2,631
down €2,631 (-8.8%), from €29,959 to €27,328
- Trade debts -€1,365
down €1,365 (-57.6%), from €2,370 to €1,005
- Gross operating margin -€4,759
down €4,759 (-27.1%), from €17,572 to €12,813
- Depreciation +€641
up €641 (+21.5%), from €2,986 to €3,626
- Other operating charges -€268
down €268 (-26.3%), from €1,017 to €749
- Taxes -€262
down €262 (-83.3%), from €315 to €52
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,901 | €47,174 | +€4,273 | +10.0% |
| Fixed assets | 21/28 | €18,514 | €18,190 | -€324 | -1.7% |
| Tangible fixed assets | 22/27 | €16,942 | €16,619 | -€324 | -1.9% |
| Plant, machinery and equipment | 23 | €1,445 | €3,633 | +€2,188 | +151% |
| Other tangible fixed assets | 26 | €15,498 | €12,985 | -€2,512 | -16.2% |
| Financial fixed assets | 28 | €1,572 | €1,572 | = | 0.0% |
| Current assets | 29/58 | €24,387 | €28,984 | +€4,597 | +18.9% |
| Amounts receivable within one year | 40/41 | €6,260 | €5,406 | -€854 | -13.6% |
| Trade receivables | 40 | €5,588 | €2,408 | -€3,181 | -56.9% |
| Other amounts receivable | 41 | €672 | €2,998 | +€2,326 | +346% |
| Cash at bank and in hand | 54/58 | €18,127 | €23,578 | +€5,451 | +30.1% |
| Total equity and liabilities | 10/49 | €42,901 | €47,174 | +€4,273 | +10.0% |
| Equity | 10/15 | €10,516 | €18,841 | +€8,325 | +79.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €37,476 | €37,476 | = | 0.0% |
| Distributable reserves | 133 | €37,476 | €37,476 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,160 | -€24,835 | +€8,325 | +25.1% |
| Amounts payable | 17/49 | €32,385 | €28,333 | -€4,052 | -12.5% |
| Amounts payable within one year | 42/48 | €32,385 | €28,333 | -€4,052 | -12.5% |
| Trade debts | 44 | €2,370 | €1,005 | -€1,365 | -57.6% |
| Suppliers | 440/4 | €2,370 | €1,005 | -€1,365 | -57.6% |
| Taxes, remuneration and social security | 45 | €56 | €0 | -€56 | -100% |
| Taxes | 450/3 | €56 | €0 | -€56 | -100% |
| Other amounts payable | 47/48 | €29,959 | €27,328 | -€2,631 | -8.8% |
| Non-recurring operating income | 76A | - | €4,525 | +€4,525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,986 | €3,626 | +€641 | +21.5% |
| Other operating charges | 640/8 | €1,017 | €749 | -€268 | -26.3% |
| Gross operating margin | 9900 | €17,572 | €12,813 | -€4,759 | -27.1% |
| Operating profit (loss) | 9901 | €13,570 | €8,438 | -€5,132 | -37.8% |
| Financial income | 75/76B | €83 | €78 | -€4 | -5.3% |
| Recurring financial income | 75 | €23 | €78 | +€56 | +242% |
| Non-recurring financial income | 76B | €60 | €0 | -€60 | -100% |
| Financial charges | 65/66B | €126 | €139 | +€14 | +11.1% |
| Recurring financial charges | 65 | €126 | €139 | +€14 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €13,527 | €8,377 | -€5,150 | -38.1% |
| Income taxes | 67/77 | €315 | €52 | -€262 | -83.3% |
| Profit (loss) for the period | 9904 | €13,213 | €8,325 | -€4,888 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,213 | €8,325 | -€4,888 | -37.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.