ARIES FOUNDATION: 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.
ARIES FOUNDATION
Largest movements
- Stocks and contracts +€10,483
up €10,483 (+39.5%), from €26,521 to €37,004
- Cash +€9,432
up €9,432 (+3.3%), from €289,654 to €299,086
mainly Net result for the year (+€12,589) and Other debts (+€9,663)
- Receivables within one year -€4,727
down €4,727 (-62.0%), from €7,621 to €2,894
- Profit (loss) carried forward +€12,589
up €12,589 (+22.5%), from €56,035 to €68,624
- Other debts +€9,663
up €9,663 (+5.3%), from €183,117 to €192,780
- Trade debts -€4,459
down €4,459 (-26.0%), from €17,138 to €12,679
- Purchases and services -€73,050
down €73,050 (-69.4%), from €105,288 to €32,238
- Turnover -€46,469
down €46,469 (-50.5%), from €92,025 to €45,556
- Gross operating margin +€26,581
up €26,581, from -€12,585 to €13,996
- Financial charges -€2,702
down €2,702 (-72.8%), from €3,709 to €1,007
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 | €323,858 | €339,672 | +€15,814 | +4.9% |
| Fixed assets | 21/28 | €62 | - | -€62 | |
| Tangible fixed assets | 22/27 | €62 | - | -€62 | |
| Furniture and vehicles | 24 | €62 | - | -€62 | |
| Current assets | 29/58 | €323,796 | €339,672 | +€15,876 | +4.9% |
| Stocks and contracts in progress | 3 | €26,521 | €37,004 | +€10,483 | +39.5% |
| Stocks | 30/36 | €26,521 | €37,004 | +€10,483 | +39.5% |
| Amounts receivable within one year | 40/41 | €7,621 | €2,894 | -€4,727 | -62.0% |
| Trade receivables | 40 | €7,621 | €2,894 | -€4,727 | -62.0% |
| Cash at bank and in hand | 54/58 | €289,654 | €299,086 | +€9,432 | +3.3% |
| Deferred charges and accrued income | 490/1 | - | €688 | +€688 | |
| Total equity and liabilities | 10/49 | €323,858 | €339,672 | +€15,814 | +4.9% |
| Equity | 10/15 | €121,624 | €134,213 | +€12,589 | +10.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,589 | €3,589 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,930 | €1,930 | = | 0.0% |
| Legal reserve | 130 | €1,930 | €1,930 | = | 0.0% |
| Tax-exempt reserves | 132 | €482 | €482 | = | 0.0% |
| Distributable reserves | 133 | €1,177 | €1,177 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,035 | €68,624 | +€12,589 | +22.5% |
| Amounts payable | 17/49 | €202,234 | €205,459 | +€3,225 | +1.6% |
| Amounts payable within one year | 42/48 | €202,234 | €205,459 | +€3,225 | +1.6% |
| Trade debts | 44 | €17,138 | €12,679 | -€4,459 | -26.0% |
| Suppliers | 440/4 | €17,138 | €12,679 | -€4,459 | -26.0% |
| Taxes, remuneration and social security | 45 | €1,979 | - | -€1,979 | |
| Taxes | 450/3 | €1,979 | - | -€1,979 | |
| Other amounts payable | 47/48 | €183,117 | €192,780 | +€9,663 | +5.3% |
| Turnover | 70 | €92,025 | €45,556 | -€46,469 | -50.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €105,288 | €32,238 | -€73,050 | -69.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €717 | - | -€717 | |
| Other operating charges | 640/8 | €1,256 | €400 | -€856 | -68.2% |
| Non-recurring operating charges | 66A | €1,067 | - | -€1,067 | |
| Gross operating margin | 9900 | -€12,585 | €13,996 | +€26,581 | |
| Operating profit (loss) | 9901 | -€15,625 | €13,596 | +€29,221 | |
| Financial income | 75/76B | €44 | - | -€44 | |
| Recurring financial income | 75 | €44 | - | -€44 | |
| Financial charges | 65/66B | €3,709 | €1,007 | -€2,702 | -72.8% |
| Recurring financial charges | 65 | €3,709 | €1,007 | -€2,702 | -72.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,290 | €12,589 | +€31,879 | |
| Profit (loss) for the period | 9904 | -€19,290 | €12,589 | +€31,879 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,290 | €12,589 | +€31,879 |
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 15 October 2026 via checked.be.