ARIHEUN: 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.
ARIHEUN
Largest movements
- Receivables within one year +€20,976
up €20,976 (+68.7%), from €30,527 to €51,503
of which Trade receivables: +€20,598
- Tangible fixed assets -€8,225
down €8,225 (-19.9%), from €41,347 to €33,123
of which Other tangible fixed assets: -€5,243
- Cash +€6,952
up €6,952 (+342.6%), from €2,029 to €8,981
mainly Depreciation (+€12,358) and Net result for the year (+€10,499)
- Profit (loss) carried forward +€10,499
up €10,499 (+25.7%), from -€40,821 to -€30,322
- Tax, wage and social debts +€10,472
up €10,472 (+213.5%), from €4,906 to €15,379
of which Taxes: +€10,472
- Other debts -€9,309
down €9,309 (-18.5%), from €50,308 to €40,999
- Advances received +€8,930
new in 2025: €8,930
- Debts after one year -€4,096
down €4,096 (-100.0%), from €4,096 to €0
- Gross operating margin +€11,937
up €11,937 (+77.2%), from €15,454 to €27,391
- Other operating charges +€2,738
up €2,738 (+289.1%), from €947 to €3,685
- Financial charges -€636
down €636 (-47.8%), from €1,331 to €696
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.
Cash bridge derived
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 | €75,589 | €94,704 | +€19,115 | +25.3% |
| Fixed assets | 21/28 | €41,577 | €33,172 | -€8,405 | -20.2% |
| Tangible fixed assets | 22/27 | €41,347 | €33,123 | -€8,225 | -19.9% |
| Plant, machinery and equipment | 23 | €78 | €0 | -€78 | -100.0% |
| Furniture and vehicles | 24 | €25,239 | €22,335 | -€2,904 | -11.5% |
| Other tangible fixed assets | 26 | €16,030 | €10,787 | -€5,243 | -32.7% |
| Financial fixed assets | 28 | €230 | €50 | -€180 | -78.4% |
| Current assets | 29/58 | €34,012 | €61,532 | +€27,520 | +80.9% |
| Amounts receivable within one year | 40/41 | €30,527 | €51,503 | +€20,976 | +68.7% |
| Trade receivables | 40 | €30,527 | €51,125 | +€20,598 | +67.5% |
| Other amounts receivable | 41 | - | €378 | +€378 | |
| Cash at bank and in hand | 54/58 | €2,029 | €8,981 | +€6,952 | +342.6% |
| Deferred charges and accrued income | 490/1 | €1,456 | €1,048 | -€408 | -28.0% |
| Total equity and liabilities | 10/49 | €75,589 | €94,704 | +€19,115 | +25.3% |
| Equity | 10/15 | -€6,422 | €4,077 | +€10,499 | |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €26,963 | €26,963 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €25,104 | €25,104 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,821 | -€30,322 | +€10,499 | +25.7% |
| Amounts payable | 17/49 | €82,011 | €90,627 | +€8,616 | +10.5% |
| Amounts payable after more than one year | 17 | €4,096 | €0 | -€4,096 | -100.0% |
| Financial debts | 170/4 | €4,096 | €0 | -€4,096 | -100.0% |
| Amounts payable within one year | 42/48 | €77,165 | €90,004 | +€12,840 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €4,047 | €4,096 | +€48 | +1.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €17,903 | €20,601 | +€2,698 | +15.1% |
| Suppliers | 440/4 | €17,903 | €20,601 | +€2,698 | +15.1% |
| Advances received on contracts in progress | 46 | - | €8,930 | +€8,930 | |
| Taxes, remuneration and social security | 45 | €4,906 | €15,379 | +€10,472 | +213.5% |
| Taxes | 450/3 | €2,806 | €13,279 | +€10,472 | +373.2% |
| Remuneration and social security | 454/9 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €50,308 | €40,999 | -€9,309 | -18.5% |
| Accrued charges and deferred income | 492/3 | €750 | €622 | -€128 | -17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,483 | €12,358 | -€125 | -1.0% |
| Other operating charges | 640/8 | €947 | €3,685 | +€2,738 | +289.1% |
| Gross operating margin | 9900 | €15,454 | €27,391 | +€11,937 | +77.2% |
| Operating profit (loss) | 9901 | €2,024 | €11,348 | +€9,324 | +460.7% |
| Financial income | 75/76B | €6 | €4 | -€3 | -42.3% |
| Recurring financial income | 75 | €6 | €4 | -€3 | -42.3% |
| Financial charges | 65/66B | €1,331 | €696 | -€636 | -47.8% |
| Recurring financial charges | 65 | €1,331 | €696 | -€636 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €699 | €10,656 | +€9,958 | +1424.9% |
| Income taxes | 67/77 | €198 | €157 | -€41 | -20.8% |
| Profit (loss) for the period | 9904 | €500 | €10,499 | +€9,999 | +1998.0% |
| Profit (loss) for the period to be appropriated | 9905 | €500 | €10,499 | +€9,999 | +1998.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.