ARIELLE A.M.: what changed
ARIELLE A.M.
Largest movements
- Receivables within one year +€15,619
up €15,619 (+163%), from €9,567 to €25,186
of which Trade receivables: +€10,039
- Cash -€8,094
down €8,094 (-36.9%), from €21,931 to €13,837
mainly Tax, wage and social debts (-€30,599) and Receivables within one year (-€15,619)
- Tangible fixed assets -€6,450
down €6,450 (-39.7%), from €16,263 to €9,813
of which Furniture and vehicles: -€3,516
- Stocks and contracts -€624
down €624 (-12.6%), from €4,950 to €4,326
- Other debts +€39,824
up €39,824 (+537%), from €7,410 to €47,234
- Tax, wage and social debts -€30,599
down €30,599 (-100%), from €30,599 to €0
of which Remuneration and social security: -€30,189
- Current portion of long-term debt -€6,549
down €6,549 (-100%), from €6,549 to €0
- Trade debts -€6,070
down €6,070 (-89.7%), from €6,766 to €696
- Profit (loss) carried forward +€3,844
up €3,844 (+20.2%), from -€19,073 to -€15,229
- Staff costs -€10,491
down €10,491 (-16.0%), from €65,756 to €55,265
- Gross operating margin -€4,260
down €4,260 (-5.9%), from €72,143 to €67,883
- Depreciation -€1,194
down €1,194 (-15.6%), from €7,644 to €6,450
- Other operating charges +€865
up €865 (+73.4%), from €1,177 to €2,042
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 | €52,710 | €53,161 | +€451 | +0.9% |
| Fixed assets | 21/28 | €16,263 | €9,813 | -€6,450 | -39.7% |
| Tangible fixed assets | 22/27 | €16,263 | €9,813 | -€6,450 | -39.7% |
| Furniture and vehicles | 24 | €3,516 | €0 | -€3,516 | -100% |
| Other tangible fixed assets | 26 | €12,747 | €9,813 | -€2,934 | -23.0% |
| Current assets | 29/58 | €36,448 | €43,348 | +€6,900 | +18.9% |
| Stocks and contracts in progress | 3 | €4,950 | €4,326 | -€624 | -12.6% |
| Stocks | 30/36 | €4,950 | €4,326 | -€624 | -12.6% |
| Amounts receivable within one year | 40/41 | €9,567 | €25,186 | +€15,619 | +163% |
| Trade receivables | 40 | - | €10,039 | +€10,039 | |
| Other amounts receivable | 41 | €9,567 | €15,148 | +€5,581 | +58.3% |
| Cash at bank and in hand | 54/58 | €21,931 | €13,837 | -€8,094 | -36.9% |
| Total equity and liabilities | 10/49 | €52,710 | €53,161 | +€451 | +0.9% |
| Equity | 10/15 | €1,387 | €5,231 | +€3,844 | +277% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,073 | -€15,229 | +€3,844 | +20.2% |
| Amounts payable | 17/49 | €51,323 | €47,930 | -€3,393 | -6.6% |
| Amounts payable within one year | 42/48 | €51,323 | €47,930 | -€3,393 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €6,549 | €0 | -€6,549 | -100% |
| Trade debts | 44 | €6,766 | €696 | -€6,070 | -89.7% |
| Suppliers | 440/4 | €6,766 | €696 | -€6,070 | -89.7% |
| Taxes, remuneration and social security | 45 | €30,599 | €0 | -€30,599 | -100% |
| Taxes | 450/3 | €410 | €0 | -€410 | -100% |
| Remuneration and social security | 454/9 | €30,189 | €0 | -€30,189 | -100% |
| Other amounts payable | 47/48 | €7,410 | €47,234 | +€39,824 | +537% |
| Remuneration, social security and pensions | 62 | €65,756 | €55,265 | -€10,491 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,644 | €6,450 | -€1,194 | -15.6% |
| Other operating charges | 640/8 | €1,177 | €2,042 | +€865 | +73.4% |
| Gross operating margin | 9900 | €72,143 | €67,883 | -€4,260 | -5.9% |
| Operating profit (loss) | 9901 | -€2,435 | €4,127 | +€6,562 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,291 | €693 | -€598 | -46.3% |
| Recurring financial charges | 65 | €1,291 | €693 | -€598 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,726 | €3,434 | +€7,160 | |
| Income taxes | 67/77 | - | -€410 | -€410 | |
| Profit (loss) for the period | 9904 | -€3,726 | €3,844 | +€7,570 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,726 | €3,844 | +€7,570 |
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 2 November 2026 via checked.be.