Arie: 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.
Arie
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Short-term financial debts -€428,700
down €428,700 (-26.7%), from €1.6m to €1.2m
- Other debts +€385,681
up €385,681 (+70.4%), from €547,925 to €933,606
- Debts after one year -€87,694
down €87,694 (-6.5%), from €1.4m to €1.3m
- Profit (loss) carried forward +€62,201
up €62,201 (+30.3%), from €205,574 to €267,775
- Gross operating margin +€123,685
up €123,685 (+66.8%), from €185,190 to €308,875
- Depreciation +€99,816
up €99,816 (+2425.5%), from €4,115 to €103,931
- Financial charges +€15,001
up €15,001 (+16.8%), from €89,407 to €104,408
- Other operating charges +€3,936
up €3,936 (+24.0%), from €16,370 to €20,306
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,166,147 | €4,110,251 | -€55,895 | -1.3% |
| Formation expenses | 20 | €409 | €28 | -€381 | -93.3% |
| Fixed assets | 21/28 | €4,144,268 | €4,104,817 | -€39,451 | -1.0% |
| Tangible fixed assets | 22/27 | €4,144,268 | €4,104,817 | -€39,451 | -1.0% |
| Land and buildings | 22 | €4,132,130 | €4,096,412 | -€35,717 | -0.9% |
| Plant, machinery and equipment | 23 | €1,301 | €1,007 | -€294 | -22.6% |
| Furniture and vehicles | 24 | €10,837 | €7,398 | -€3,440 | -31.7% |
| Current assets | 29/58 | €21,469 | €5,407 | -€16,063 | -74.8% |
| Cash at bank and in hand | 54/58 | €18,274 | €3,860 | -€14,414 | -78.9% |
| Deferred charges and accrued income | 490/1 | €3,195 | €1,547 | -€1,649 | -51.6% |
| Total equity and liabilities | 10/49 | €4,166,147 | €4,110,251 | -€55,895 | -1.3% |
| Equity | 10/15 | €505,574 | €567,775 | +€62,201 | +12.3% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,574 | €267,775 | +€62,201 | +30.3% |
| Amounts payable | 17/49 | €3,660,572 | €3,542,477 | -€118,096 | -3.2% |
| Amounts payable after more than one year | 17 | €1,356,042 | €1,268,348 | -€87,694 | -6.5% |
| Financial debts | 170/4 | €1,356,042 | €1,268,348 | -€87,694 | -6.5% |
| Amounts payable within one year | 42/48 | €2,294,272 | €2,266,654 | -€27,619 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €85,772 | €87,694 | +€1,921 | +2.2% |
| Financial debts | 43 | €1,606,700 | €1,178,000 | -€428,700 | -26.7% |
| Credit institutions | 430/8 | €1,606,700 | €1,178,000 | -€428,700 | -26.7% |
| Trade debts | 44 | €22,839 | €31,192 | +€8,353 | +36.6% |
| Suppliers | 440/4 | €22,839 | €31,192 | +€8,353 | +36.6% |
| Taxes, remuneration and social security | 45 | €31,035 | €36,162 | +€5,126 | +16.5% |
| Taxes | 450/3 | €31,035 | €36,162 | +€5,126 | +16.5% |
| Other amounts payable | 47/48 | €547,925 | €933,606 | +€385,681 | +70.4% |
| Accrued charges and deferred income | 492/3 | €10,259 | €7,475 | -€2,784 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,115 | €103,931 | +€99,816 | +2425.5% |
| Other operating charges | 640/8 | €16,370 | €20,306 | +€3,936 | +24.0% |
| Gross operating margin | 9900 | €185,190 | €308,875 | +€123,685 | +66.8% |
| Operating profit (loss) | 9901 | €164,705 | €184,638 | +€19,933 | +12.1% |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €89,407 | €104,408 | +€15,001 | +16.8% |
| Recurring financial charges | 65 | €89,407 | €104,408 | +€15,001 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €75,309 | €80,230 | +€4,921 | +6.5% |
| Income taxes | 67/77 | €15,807 | €18,029 | +€2,222 | +14.1% |
| Profit (loss) for the period | 9904 | €59,502 | €62,201 | +€2,699 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,502 | €62,201 | +€2,699 | +4.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.