ARIKO: 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.
ARIKO
Largest movements
- Cash +€42,480
up €42,480 (+64.4%), from €65,978 to €108,459
mainly Net result for the year (+€64,208) and Depreciation (+€9,676)
- Tangible fixed assets -€9,676
down €9,676 (-26.5%), from €36,506 to €26,829
- Reserves +€64,208
up €64,208 (+18.8%), from €340,937 to €405,144
- Debts after one year -€31,362
down €31,362 (-16.0%), from €196,183 to €164,820
- Financial income -€69,865
down €69,865 (-50.8%), from €137,499 to €67,634
- Gross operating margin -€9,450
down €9,450 (-24.4%), from €38,707 to €29,257
- Taxes +€4,419
up €4,419 (+99.4%), from €4,447 to €8,866
- Financial charges -€1,641
down €1,641 (-11.5%), from €14,268 to €12,627
- Other operating charges +€841
up €841 (+125%), from €674 to €1,514
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 | €655,176 | €685,288 | +€30,111 | +4.6% |
| Fixed assets | 21/28 | €336,506 | €326,829 | -€9,676 | -2.9% |
| Tangible fixed assets | 22/27 | €36,506 | €26,829 | -€9,676 | -26.5% |
| Furniture and vehicles | 24 | €36,506 | €26,829 | -€9,676 | -26.5% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €318,671 | €358,459 | +€39,788 | +12.5% |
| Amounts receivable within one year | 40/41 | €2,692 | €0 | -€2,692 | -100% |
| Trade receivables | 40 | €2,683 | €0 | -€2,683 | -100% |
| Other amounts receivable | 41 | €10 | €0 | -€10 | -100% |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €65,978 | €108,459 | +€42,480 | +64.4% |
| Total equity and liabilities | 10/49 | €655,176 | €685,288 | +€30,111 | +4.6% |
| Equity | 10/15 | €343,937 | €408,144 | +€64,208 | +18.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €340,937 | €405,144 | +€64,208 | +18.8% |
| Distributable reserves | 133 | €340,937 | €405,144 | +€64,208 | +18.8% |
| Amounts payable | 17/49 | €311,240 | €277,144 | -€34,096 | -11.0% |
| Amounts payable after more than one year | 17 | €196,183 | €164,820 | -€31,362 | -16.0% |
| Financial debts | 170/4 | €196,183 | €164,820 | -€31,362 | -16.0% |
| Amounts payable within one year | 42/48 | €114,707 | €111,974 | -€2,734 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €31,948 | €33,222 | +€1,274 | +4.0% |
| Trade debts | 44 | €536 | €480 | -€55 | -10.3% |
| Suppliers | 440/4 | €536 | €480 | -€55 | -10.3% |
| Taxes, remuneration and social security | 45 | €19,013 | €15,589 | -€3,425 | -18.0% |
| Taxes | 450/3 | €19,013 | €14,034 | -€4,980 | -26.2% |
| Remuneration and social security | 454/9 | - | €1,555 | +€1,555 | |
| Other amounts payable | 47/48 | €63,210 | €62,682 | -€528 | -0.8% |
| Accrued charges and deferred income | 492/3 | €350 | €350 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,676 | €9,676 | = | 0.0% |
| Other operating charges | 640/8 | €674 | €1,514 | +€841 | +125% |
| Gross operating margin | 9900 | €38,707 | €29,257 | -€9,450 | -24.4% |
| Operating profit (loss) | 9901 | €28,357 | €18,067 | -€10,291 | -36.3% |
| Financial income | 75/76B | €137,499 | €67,634 | -€69,865 | -50.8% |
| Recurring financial income | 75 | €137,499 | €67,634 | -€69,865 | -50.8% |
| Financial charges | 65/66B | €14,268 | €12,627 | -€1,641 | -11.5% |
| Recurring financial charges | 65 | €14,268 | €12,627 | -€1,641 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €151,588 | €73,074 | -€78,514 | -51.8% |
| Income taxes | 67/77 | €4,447 | €8,866 | +€4,419 | +99.4% |
| Profit (loss) for the period | 9904 | €147,141 | €64,208 | -€82,933 | -56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €147,141 | €64,208 | -€82,933 | -56.4% |
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 16 October 2026 via checked.be.