ARINVEST: what changed
Two fiscal 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.
ARINVEST
Largest movements
- Cash +€160,814
up €160,814 (+7931.7%), from €2,027 to €162,842
mainly Stocks and contracts (+€148,401) and Net result for the year (+€11,307)
- Stocks and contracts -€148,401
down €148,401 (-32.0%), from €463,337 to €314,936
- Reserves +€11,307
up €11,307 (+452.3%), from €2,500 to €13,807
- Gross operating margin +€17,322
up €17,322, from -€3,562 to €13,760
- Taxes +€1,131
new in 2025: €1,131
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 | €465,808 | €478,246 | +€12,438 | +2.7% |
| Current assets | 29/58 | €465,808 | €478,246 | +€12,438 | +2.7% |
| Stocks and contracts in progress | 3 | €463,337 | €314,936 | -€148,401 | -32.0% |
| Stocks | 30/36 | €463,337 | €314,936 | -€148,401 | -32.0% |
| Cash at bank and in hand | 54/58 | €2,027 | €162,842 | +€160,814 | +7931.7% |
| Deferred charges and accrued income | 490/1 | €443 | €468 | +€25 | +5.6% |
| Total equity and liabilities | 10/49 | €465,808 | €478,246 | +€12,438 | +2.7% |
| Equity | 10/15 | €32,977 | €44,284 | +€11,307 | +34.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €13,807 | +€11,307 | +452.3% |
| Distributable reserves | 133 | €2,500 | €13,807 | +€11,307 | +452.3% |
| Profit (loss) carried forward | 14 | €5,477 | €5,477 | = | 0.0% |
| Amounts payable | 17/49 | €432,830 | €433,961 | +€1,131 | +0.3% |
| Amounts payable within one year | 42/48 | €432,830 | €433,961 | +€1,131 | +0.3% |
| Taxes, remuneration and social security | 45 | - | €1,131 | +€1,131 | |
| Taxes | 450/3 | - | €1,131 | +€1,131 | |
| Other amounts payable | 47/48 | €432,830 | €432,830 | = | 0.0% |
| Other operating charges | 640/8 | €1,303 | €1,345 | +€41 | +3.2% |
| Gross operating margin | 9900 | -€3,562 | €13,760 | +€17,322 | |
| Operating profit (loss) | 9901 | -€4,865 | €12,416 | +€17,281 | |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €78 | €78 | = | 0.0% |
| Recurring financial charges | 65 | €78 | €78 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,943 | €12,438 | +€17,381 | |
| Income taxes | 67/77 | - | €1,131 | +€1,131 | |
| Profit (loss) for the period | 9904 | -€4,943 | €11,307 | +€16,250 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,943 | €11,307 | +€16,250 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.