ARIN FISC: 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.
ARIN FISC
Largest movements
- Cash +€79,502
up €79,502 (+67.4%), from €117,984 to €197,486
mainly Net result for the year (+€84,060) and Tax, wage and social debts (+€25,552)
- Receivables within one year +€12,872
up €12,872 (+7.3%), from €175,143 to €188,015
of which Trade receivables: +€13,118
- Tangible fixed assets -€9,955
down €9,955 (-12.2%), from €81,590 to €71,635
of which Furniture and vehicles: -€6,957
- Profit (loss) carried forward +€54,060
up €54,060 (+39.7%), from €136,139 to €190,199
- Tax, wage and social debts +€25,552
up €25,552 (+35.3%), from €72,396 to €97,948
of which Taxes: +€21,653
- Reserves +€20,000
up €20,000 (+22.4%), from €89,360 to €109,360
of which Distributable reserves: +€20,000
- Debts after one year -€7,996
down €7,996 (-51.4%), from €15,548 to €7,553
- Trade debts -€6,593
down €6,593 (-50.9%), from €12,945 to €6,352
- Gross operating margin +€86,554
up €86,554 (+37.1%), from €233,386 to €319,940
- Taxes +€17,734
up €17,734 (+125%), from €14,177 to €31,911
- Staff costs +€15,632
up €15,632 (+9.0%), from €173,808 to €189,440
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 | €374,718 | €457,137 | +€82,420 | +22.0% |
| Fixed assets | 21/28 | €81,590 | €71,635 | -€9,955 | -12.2% |
| Tangible fixed assets | 22/27 | €81,590 | €71,635 | -€9,955 | -12.2% |
| Land and buildings | 22 | €68,331 | €65,333 | -€2,998 | -4.4% |
| Furniture and vehicles | 24 | €13,259 | €6,302 | -€6,957 | -52.5% |
| Current assets | 29/58 | €293,127 | €385,502 | +€92,374 | +31.5% |
| Amounts receivable within one year | 40/41 | €175,143 | €188,015 | +€12,872 | +7.3% |
| Trade receivables | 40 | €172,947 | €186,065 | +€13,118 | +7.6% |
| Other amounts receivable | 41 | €2,196 | €1,950 | -€246 | -11.2% |
| Cash at bank and in hand | 54/58 | €117,984 | €197,486 | +€79,502 | +67.4% |
| Total equity and liabilities | 10/49 | €374,718 | €457,137 | +€82,420 | +22.0% |
| Equity | 10/15 | €244,099 | €318,159 | +€74,060 | +30.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,360 | €109,360 | +€20,000 | +22.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €87,500 | €107,500 | +€20,000 | +22.9% |
| Profit (loss) carried forward | 14 | €136,139 | €190,199 | +€54,060 | +39.7% |
| Amounts payable | 17/49 | €130,618 | €138,978 | +€8,360 | +6.4% |
| Amounts payable after more than one year | 17 | €15,548 | €7,553 | -€7,996 | -51.4% |
| Financial debts | 170/4 | €15,548 | €7,553 | -€7,996 | -51.4% |
| Amounts payable within one year | 42/48 | €115,070 | €131,426 | +€16,356 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €11,050 | €7,996 | -€3,055 | -27.6% |
| Financial debts | 43 | - | €3,703 | +€3,703 | |
| Credit institutions | 430/8 | - | €3,703 | +€3,703 | |
| Trade debts | 44 | €12,945 | €6,352 | -€6,593 | -50.9% |
| Suppliers | 440/4 | €12,945 | €6,352 | -€6,593 | -50.9% |
| Taxes, remuneration and social security | 45 | €72,396 | €97,948 | +€25,552 | +35.3% |
| Taxes | 450/3 | €43,797 | €65,450 | +€21,653 | +49.4% |
| Remuneration and social security | 454/9 | €28,598 | €32,498 | +€3,899 | +13.6% |
| Other amounts payable | 47/48 | €18,679 | €15,427 | -€3,252 | -17.4% |
| Remuneration, social security and pensions | 62 | €173,808 | €189,440 | +€15,632 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,318 | €9,955 | -€1,363 | -12.0% |
| Other operating charges | 640/8 | €2,842 | €3,148 | +€306 | +10.8% |
| Gross operating margin | 9900 | €233,386 | €319,940 | +€86,554 | +37.1% |
| Operating profit (loss) | 9901 | €45,418 | €117,397 | +€71,979 | +158% |
| Financial income | 75/76B | €1,504 | €13 | -€1,490 | -99.1% |
| Recurring financial income | 75 | €1,504 | €13 | -€1,490 | -99.1% |
| Financial charges | 65/66B | €1,907 | €1,439 | -€468 | -24.5% |
| Recurring financial charges | 65 | €1,907 | €1,439 | -€468 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €45,014 | €115,971 | +€70,956 | +158% |
| Income taxes | 67/77 | €14,177 | €31,911 | +€17,734 | +125% |
| Profit (loss) for the period | 9904 | €30,837 | €84,060 | +€53,223 | +173% |
| Profit (loss) for the period to be appropriated | 9905 | €30,837 | €84,060 | +€53,223 | +173% |
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 25 October 2026 via checked.be.