ARIEN-DEKONING: 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.
ARIEN-DEKONING
Largest movements
- Current investments +€99,056
new in 2025: €99,056
- Cash -€52,717
down €52,717 (-22.0%), from €239,169 to €186,452
mainly Current investments (-€99,056) and Contributions, distributions and other (-€81,065)
- Receivables within one year +€37,794
up €37,794 (+67.4%), from €56,037 to €93,831
of which Trade receivables: +€29,385
- Tangible fixed assets +€32,735
up €32,735 (+32.9%), from €99,597 to €132,332
of which Furniture and vehicles: +€33,452
- Other debts +€76,660
up €76,660 (+1,984%), from €3,864 to €80,524
- Trade debts +€21,786
up €21,786 (+70.0%), from €31,102 to €52,888
- Reserves +€16,724
up €16,724 (+7.7%), from €216,094 to €232,819
of which Distributable reserves: +€16,724
- Tax, wage and social debts +€9,834
up €9,834 (+1,522%), from €646 to €10,481
of which Taxes: +€9,834
- Accrued charges and deferred income -€7,525
down €7,525 (-59.2%), from €12,710 to €5,185
- Gross operating margin +€29,102
up €29,102 (+11.9%), from €244,282 to €273,384
- Taxes +€18,926
up €18,926 (+89.0%), from €21,256 to €40,183
- Staff costs -€18,040
down €18,040 (-14.9%), from €121,482 to €103,441
- Depreciation -€17,370
down €17,370 (-39.1%), from €44,379 to €27,009
- Financial income +€4,503
up €4,503 (+10,742%), from €42 to €4,545
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.
Derived cash bridge
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 | €417,965 | €535,445 | +€117,480 | +28.1% |
| Fixed assets | 21/28 | €99,597 | €132,332 | +€32,735 | +32.9% |
| Tangible fixed assets | 22/27 | €99,597 | €132,332 | +€32,735 | +32.9% |
| Land and buildings | 22 | €34,504 | €34,444 | -€60 | -0.2% |
| Plant, machinery and equipment | 23 | €1,499 | €842 | -€657 | -43.8% |
| Furniture and vehicles | 24 | €63,593 | €97,045 | +€33,452 | +52.6% |
| Current assets | 29/58 | €318,368 | €403,113 | +€84,745 | +26.6% |
| Stocks and contracts in progress | 3 | €18,576 | €18,617 | +€40 | +0.2% |
| Stocks | 30/36 | €7,076 | €4,617 | -€2,460 | -34.8% |
| Contracts in progress | 37 | €11,500 | €14,000 | +€2,500 | +21.7% |
| Amounts receivable within one year | 40/41 | €56,037 | €93,831 | +€37,794 | +67.4% |
| Trade receivables | 40 | €46,250 | €75,635 | +€29,385 | +63.5% |
| Other amounts receivable | 41 | €9,788 | €18,196 | +€8,409 | +85.9% |
| Current investments | 50/53 | - | €99,056 | +€99,056 | |
| Cash at bank and in hand | 54/58 | €239,169 | €186,452 | -€52,717 | -22.0% |
| Deferred charges and accrued income | 490/1 | €4,586 | €5,157 | +€571 | +12.5% |
| Total equity and liabilities | 10/49 | €417,965 | €535,445 | +€117,480 | +28.1% |
| Equity | 10/15 | €369,643 | €386,367 | +€16,724 | +4.5% |
| Contributions | 10/11 | €74,375 | €74,375 | = | 0.0% |
| Capital | 10 | €74,375 | €74,375 | = | 0.0% |
| Issued capital | 100 | €74,375 | €74,375 | = | 0.0% |
| Reserves | 13 | €216,094 | €232,819 | +€16,724 | +7.7% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €208,658 | €225,382 | +€16,724 | +8.0% |
| Profit (loss) carried forward | 14 | €79,173 | €79,173 | = | 0.0% |
| Amounts payable | 17/49 | €48,322 | €149,078 | +€100,756 | +209% |
| Amounts payable within one year | 42/48 | €35,612 | €143,893 | +€108,281 | +304% |
| Trade debts | 44 | €31,102 | €52,888 | +€21,786 | +70.0% |
| Suppliers | 440/4 | €31,102 | €52,888 | +€21,786 | +70.0% |
| Taxes, remuneration and social security | 45 | €646 | €10,481 | +€9,834 | +1,522% |
| Taxes | 450/3 | €646 | €10,481 | +€9,834 | +1,522% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,864 | €80,524 | +€76,660 | +1,984% |
| Accrued charges and deferred income | 492/3 | €12,710 | €5,185 | -€7,525 | -59.2% |
| Non-recurring operating income | 76A | €470 | €8,660 | +€8,190 | +1,743% |
| Remuneration, social security and pensions | 62 | €121,482 | €103,441 | -€18,040 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,379 | €27,009 | -€17,370 | -39.1% |
| Other operating charges | 640/8 | €6,650 | €6,760 | +€110 | +1.7% |
| Gross operating margin | 9900 | €244,282 | €273,384 | +€29,102 | +11.9% |
| Operating profit (loss) | 9901 | €71,771 | €136,173 | +€64,402 | +89.7% |
| Financial income | 75/76B | €42 | €4,545 | +€4,503 | +10,742% |
| Recurring financial income | 75 | €42 | €4,545 | +€4,503 | +10,742% |
| Financial charges | 65/66B | €183 | €2,746 | +€2,564 | +1,404% |
| Recurring financial charges | 65 | €183 | €2,746 | +€2,564 | +1,404% |
| Profit (loss) for the period before taxes | 9903 | €71,630 | €137,972 | +€66,342 | +92.6% |
| Income taxes | 67/77 | €21,256 | €40,183 | +€18,926 | +89.0% |
| Profit (loss) for the period | 9904 | €50,374 | €97,789 | +€47,416 | +94.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,374 | €97,789 | +€47,416 | +94.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.