ARICS: 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.
ARICS
Largest movements
- Current investments +€563,156
up €563,156 (+43.7%), from €1.3m to €1.9m
- Cash +€48,070
up €48,070 (+27.1%), from €177,120 to €225,190
mainly Net result for the year (+€958,762) and Tax, wage and social debts (+€70,262)
- Reserves +€807,751
up €807,751 (+66.5%), from €1.2m to €2.0m
of which Distributable reserves: +€807,751
- Provisions -€280,000
down €280,000 (-100.0%), from €280,000 to €0
- Tax, wage and social debts +€70,262
up €70,262 (+284.1%), from €24,728 to €94,990
of which Taxes: +€69,751
- Financial income +€613,776
up €613,776 (+485.2%), from €126,510 to €740,286
- Provisions -€280,000
down €280,000, from €0 to -€280,000
- Taxes +€159,428
up €159,428 (+240.0%), from €66,424 to €225,852
- Financial charges +€21,193
up €21,193 (+944.5%), from €2,244 to €23,437
- Gross operating margin +€13,506
up €13,506 (+4.7%), from €287,694 to €301,200
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 | €1,619,623 | €2,217,943 | +€598,319 | +36.9% |
| Fixed assets | 21/28 | €46,252 | €56,005 | +€9,754 | +21.1% |
| Tangible fixed assets | 22/27 | €23,152 | €32,905 | +€9,754 | +42.1% |
| Plant, machinery and equipment | 23 | - | €620 | +€620 | |
| Furniture and vehicles | 24 | €14,161 | €18,595 | +€4,433 | +31.3% |
| Other tangible fixed assets | 26 | €8,990 | €13,691 | +€4,701 | +52.3% |
| Financial fixed assets | 28 | €23,100 | €23,100 | = | 0.0% |
| Current assets | 29/58 | €1,573,372 | €2,161,937 | +€588,565 | +37.4% |
| Amounts receivable within one year | 40/41 | €16,295 | €0 | -€16,295 | -100.0% |
| Other amounts receivable | 41 | €16,295 | €0 | -€16,295 | -100.0% |
| Current investments | 50/53 | €1,287,219 | €1,850,375 | +€563,156 | +43.7% |
| Cash at bank and in hand | 54/58 | €177,120 | €225,190 | +€48,070 | +27.1% |
| Deferred charges and accrued income | 490/1 | €92,738 | €86,372 | -€6,366 | -6.9% |
| Total equity and liabilities | 10/49 | €1,619,623 | €2,217,943 | +€598,319 | +36.9% |
| Equity | 10/15 | €1,275,281 | €2,083,032 | +€807,751 | +63.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,213,781 | €2,021,532 | +€807,751 | +66.5% |
| Non-distributable reserves | 130/1 | €29,245 | €29,245 | = | 0.0% |
| Legal reserve | 130 | €29,245 | €29,245 | = | 0.0% |
| Distributable reserves | 133 | €1,184,536 | €1,992,287 | +€807,751 | +68.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €280,000 | €0 | -€280,000 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €280,000 | €0 | -€280,000 | -100.0% |
| Other liabilities and charges | 164/5 | €280,000 | €0 | -€280,000 | -100.0% |
| Amounts payable | 17/49 | €64,342 | €134,911 | +€70,568 | +109.7% |
| Amounts payable within one year | 42/48 | €61,240 | €132,503 | +€71,263 | +116.4% |
| Trade debts | 44 | €31,827 | €32,787 | +€960 | +3.0% |
| Suppliers | 440/4 | €31,827 | €32,787 | +€960 | +3.0% |
| Taxes, remuneration and social security | 45 | €24,728 | €94,990 | +€70,262 | +284.1% |
| Taxes | 450/3 | €10,782 | €80,533 | +€69,751 | +646.9% |
| Remuneration and social security | 454/9 | €13,946 | €14,457 | +€511 | +3.7% |
| Other amounts payable | 47/48 | €4,684 | €4,726 | +€42 | +0.9% |
| Accrued charges and deferred income | 492/3 | €3,103 | €2,407 | -€695 | -22.4% |
| Remuneration, social security and pensions | 62 | €85,528 | €87,805 | +€2,277 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,201 | €6,252 | -€3,949 | -38.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | -€280,000 | -€280,000 | |
| Other operating charges | 640/8 | €11,148 | €19,378 | +€8,230 | +73.8% |
| Gross operating margin | 9900 | €287,694 | €301,200 | +€13,506 | +4.7% |
| Operating profit (loss) | 9901 | €180,817 | €467,765 | +€286,948 | +158.7% |
| Financial income | 75/76B | €126,510 | €740,286 | +€613,776 | +485.2% |
| Recurring financial income | 75 | €126,510 | €740,286 | +€613,776 | +485.2% |
| Financial charges | 65/66B | €2,244 | €23,437 | +€21,193 | +944.5% |
| Recurring financial charges | 65 | €2,244 | €23,437 | +€21,193 | +944.5% |
| Profit (loss) for the period before taxes | 9903 | €305,084 | €1,184,614 | +€879,531 | +288.3% |
| Income taxes | 67/77 | €66,424 | €225,852 | +€159,428 | +240.0% |
| Profit (loss) for the period | 9904 | €238,659 | €958,762 | +€720,103 | +301.7% |
| Profit (loss) for the period to be appropriated | 9905 | €238,659 | €958,762 | +€720,103 | +301.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.