ARID GROUP: 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.
What changed
ARID GROUP
NACE 53.100, Postal and courier activities
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€3.6m
2023 · €2.7m+€879,461
Equity
€6.4m
2023 · €6.6m-€247,137
Cash
€3.8m
2023 · €1.7m+€2.1m
Balance sheet total
€9.6m
2023 · €11.3m-€1.7m
Largest movements
Assets
- Financial fixed assets -€3.9m
down €3.9m (-51.4%), from €7.5m to €3.6m
of which Affiliated companies: -€3.9m
- Cash +€2.1m
up €2.1m (+127%), from €1.7m to €3.8m
mainly Investment in fixed assets (net) (+€3.9m) and Net result for the year (+€3.6m)
- Receivables within one year +€127,425
up €127,425 (+6.2%), from €2.0m to €2.2m
of which Other amounts receivable: +€253,606
Equity and liabilities
- Profit (loss) carried forward -€3.9m
down €3.9m (-77.6%), from €5.0m to €1.1m
- Reserves +€3.6m
up €3.6m (+223%), from €1.6m to €5.2m
of which Non-distributable reserves: +€3.4m
- Other debts -€1.5m
down €1.5m (-99.6%), from €1.5m to €6,342
- Trade debts +€184,047
up €184,047 (+12.0%), from €1.5m to €1.7m
- Current portion of long-term debt -€167,215
no longer reported in 2024 (was €167,215)
Income statement
- Turnover +€1.2m
up €1.2m (+7.3%), from €16.9m to €18.1m
- Goods and materials +€682,834
up €682,834 (+9.3%), from €7.3m to €8.0m
- Taxes +€328,067
up €328,067 (+35.4%), from €927,288 to €1.3m
of which Taxes: +€345,909
- Services and other goods -€311,638
down €311,638 (-8.2%), from €3.8m to €3.5m
From the 2023 result to the 2024 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.
Result 2023
€2.7m
Turnover
+€1.2m
Other operating income
+€16,968
Goods and materials
-€682,834
Services and other goods
+€311,638
Staff costs
+€36,293
Depreciation
+€3,572
Other operating charges
-€19,349
Other operating items
+€103,803
Financial income
+€169,277
Financial charges
+€33,460
Taxes
-€328,067
Result 2024
€3.6m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€2.1m
Investment
+€3.9m
Financing
-€3.9m
Cash 2023
€1.7m
From operations (derived)
+€2.1m
Net result for the year
+€3.6m
Depreciation
+€2,097
Receivables within one year
-€127,425
Deferred charges and accrued income
+€61,639
Trade debts
+€184,047
Tax, wage and social debts
-€44,444
Other debts
-€1.5m
Accrued charges and deferred income
-€58,886
Investment (derived)
+€3.9m
Investment in fixed assets (net)
+€3.9m
Financing
-€3.9m
Current portion of long-term debt
-€167,215
Short-term financial debts
+€137,399
Contributions, distributions and other
-€3.8m
Cash 2024
€3.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,290,236 | €9,622,613 | -€1.7m | -14.8% |
| Fixed assets | 21/28 | €7,503,833 | €3,644,024 | -€3.9m | -51.4% |
| Tangible fixed assets | 22/27 | €2,814 | €716 | -€2,098 | -74.6% |
| Plant, machinery and equipment | 23 | €990 | €39 | -€951 | -96.1% |
| Furniture and vehicles | 24 | €1,824 | €677 | -€1,147 | -62.9% |
| Financial fixed assets | 28 | €7,501,019 | €3,643,308 | -€3.9m | -51.4% |
| Affiliated companies | 280/1 | €7,499,167 | €3,643,008 | -€3.9m | -51.4% |
| Amounts receivable | 281 | €7,499,167 | €3,643,008 | -€3.9m | -51.4% |
| Other financial fixed assets | 284/8 | €1,852 | €300 | -€1,552 | -83.8% |
| Amounts receivable and cash guarantees | 285/8 | €1,852 | €300 | -€1,552 | -83.8% |
| Current assets | 29/58 | €3,786,403 | €5,978,589 | +€2.2m | +57.9% |
| Amounts receivable within one year | 40/41 | €2,040,047 | €2,167,472 | +€127,425 | +6.2% |
| Trade receivables | 40 | €1,744,169 | €1,617,988 | -€126,181 | -7.2% |
| Other amounts receivable | 41 | €295,878 | €549,484 | +€253,606 | +85.7% |
| Cash at bank and in hand | 54/58 | €1,678,573 | €3,804,973 | +€2.1m | +127% |
| Deferred charges and accrued income | 490/1 | €67,783 | €6,144 | -€61,639 | -90.9% |
| Total equity and liabilities | 10/49 | €11,290,236 | €9,622,613 | -€1.7m | -14.8% |
| Equity | 10/15 | €6,600,582 | €6,353,445 | -€247,137 | -3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,618,448 | €5,221,456 | +€3.6m | +223% |
| Non-distributable reserves | 130/1 | €1,860 | €3,410,839 | +€3.4m | +183,278% |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Financial assistance | 1313 | - | €3,410,839 | +€3.4m | |
| Tax-exempt reserves | 132 | €1,576,588 | €1,576,588 | +€0 | 0.0% |
| Distributable reserves | 133 | €40,000 | €234,029 | +€194,029 | +485% |
| Profit (loss) carried forward | 14 | €4,963,534 | €1,113,389 | -€3.9m | -77.6% |
| Amounts payable | 17/49 | €4,689,654 | €3,269,168 | -€1.4m | -30.3% |
| Amounts payable within one year | 42/48 | €4,621,654 | €3,260,054 | -€1.4m | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €167,215 | - | -€167,215 | |
| Financial debts | 43 | €766,595 | €903,994 | +€137,399 | +17.9% |
| Credit institutions | 430/8 | €766,595 | €903,994 | +€137,399 | +17.9% |
| Trade debts | 44 | €1,532,632 | €1,716,679 | +€184,047 | +12.0% |
| Suppliers | 440/4 | €1,532,632 | €1,716,679 | +€184,047 | +12.0% |
| Taxes, remuneration and social security | 45 | €677,483 | €633,039 | -€44,444 | -6.6% |
| Taxes | 450/3 | €306,481 | €323,432 | +€16,951 | +5.5% |
| Remuneration and social security | 454/9 | €371,002 | €309,606 | -€61,396 | -16.5% |
| Other amounts payable | 47/48 | €1,477,729 | €6,342 | -€1.5m | -99.6% |
| Accrued charges and deferred income | 492/3 | €68,000 | €9,114 | -€58,886 | -86.6% |
| Operating income | 70/76A | €16,995,060 | €18,246,727 | +€1.3m | +7.4% |
| Turnover | 70 | €16,865,796 | €18,100,496 | +€1.2m | +7.3% |
| Other operating income | 74 | €129,264 | €146,232 | +€16,968 | +13.1% |
| Operating charges | 60/66A | €13,468,285 | €13,715,162 | +€246,877 | +1.8% |
| Goods for resale, raw materials and consumables | 60 | €7,330,872 | €8,013,706 | +€682,834 | +9.3% |
| Purchases | 600/8 | €7,330,872 | €8,013,706 | +€682,834 | +9.3% |
| Services and other goods | 61 | €3,803,339 | €3,491,701 | -€311,638 | -8.2% |
| Remuneration, social security and pensions | 62 | €2,208,462 | €2,172,169 | -€36,293 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,669 | €2,097 | -€3,572 | -63.0% |
| Other operating charges | 640/8 | €16,140 | €35,489 | +€19,349 | +120% |
| Non-recurring operating charges | 66A | €103,803 | - | -€103,803 | |
| Operating profit (loss) | 9901 | €3,526,775 | €4,531,566 | +€1.0m | +28.5% |
| Financial income | 75/76B | €158,729 | €328,006 | +€169,277 | +107% |
| Recurring financial income | 75 | €158,729 | €328,006 | +€169,277 | +107% |
| Income from financial fixed assets | 750 | - | €144,183 | +€144,183 | |
| Income from current assets | 751 | €158,729 | €3,662 | -€155,067 | -97.7% |
| Other financial income | 752/9 | - | €180,161 | +€180,161 | |
| Financial charges | 65/66B | €59,814 | €26,354 | -€33,460 | -55.9% |
| Recurring financial charges | 65 | €59,814 | €26,354 | -€33,460 | -55.9% |
| Debt charges | 650 | €59,814 | €25,947 | -€33,867 | -56.6% |
| Other financial charges | 652/9 | - | €407 | +€407 | |
| Profit (loss) for the period before taxes | 9903 | €3,625,690 | €4,833,218 | +€1.2m | +33.3% |
| Income taxes | 67/77 | €927,288 | €1,255,355 | +€328,067 | +35.4% |
| Taxes | 670/3 | €927,288 | €1,273,197 | +€345,909 | +37.3% |
| Tax adjustments and reversals of tax provisions | 77 | - | €17,842 | +€17,842 | |
| Profit (loss) for the period | 9904 | €2,698,402 | €3,577,863 | +€879,461 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,698,402 | €3,577,863 | +€879,461 | +32.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.