ARIPA: 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.
ARIPA
Largest movements
- Receivables within one year -€16,377
down €16,377 (-15.8%), from €103,418 to €87,041
of which Trade receivables: -€16,934
- Deferred charges and accrued income -€11,316
down €11,316 (-94.6%), from €11,959 to €643
- Cash -€10,152
down €10,152 (-26.3%), from €38,594 to €28,442
mainly Trade debts (-€38,461) and Contributions, distributions and other (-€37,950)
- Stocks and contracts -€2,469
down €2,469 (-27.7%), from €8,899 to €6,430
- Trade debts -€38,461
down €38,461 (-36.8%), from €104,556 to €66,095
- Profit (loss) carried forward -€13,226
down €13,226 (-48.6%), from €27,192 to €13,966
- Tax, wage and social debts +€9,197
up €9,197 (+181%), from €5,083 to €14,280
of which Taxes: +€5,486
- Gross operating margin +€68,173
up €68,173 (+56.8%), from €120,041 to €188,214
- Staff costs +€27,333
up €27,333 (+29.5%), from €92,808 to €120,141
- Taxes +€25,675
new in 2025: €25,675
- Other operating charges -€5,239
down €5,239 (-54.8%), from €9,562 to €4,323
- Depreciation +€3,535
up €3,535 (+144%), from €2,452 to €5,987
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 | €175,672 | €133,341 | -€42,331 | -24.1% |
| Fixed assets | 21/28 | €12,801 | €10,785 | -€2,017 | -15.8% |
| Tangible fixed assets | 22/27 | €12,051 | €10,785 | -€1,267 | -10.5% |
| Plant, machinery and equipment | 23 | €6,063 | €4,446 | -€1,616 | -26.7% |
| Furniture and vehicles | 24 | €5,989 | €6,338 | +€350 | +5.8% |
| Financial fixed assets | 28 | €750 | - | -€750 | |
| Current assets | 29/58 | €162,870 | €122,556 | -€40,314 | -24.8% |
| Stocks and contracts in progress | 3 | €8,899 | €6,430 | -€2,469 | -27.7% |
| Stocks | 30/36 | €8,899 | €6,430 | -€2,469 | -27.7% |
| Amounts receivable within one year | 40/41 | €103,418 | €87,041 | -€16,377 | -15.8% |
| Trade receivables | 40 | €75,140 | €58,207 | -€16,934 | -22.5% |
| Other amounts receivable | 41 | €28,278 | €28,834 | +€557 | +2.0% |
| Cash at bank and in hand | 54/58 | €38,594 | €28,442 | -€10,152 | -26.3% |
| Deferred charges and accrued income | 490/1 | €11,959 | €643 | -€11,316 | -94.6% |
| Total equity and liabilities | 10/49 | €175,672 | €133,341 | -€42,331 | -24.1% |
| Equity | 10/15 | €33,192 | €19,966 | -€13,226 | -39.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,192 | €13,966 | -€13,226 | -48.6% |
| Amounts payable | 17/49 | €142,480 | €113,375 | -€29,105 | -20.4% |
| Amounts payable within one year | 42/48 | €142,480 | €113,375 | -€29,105 | -20.4% |
| Trade debts | 44 | €104,556 | €66,095 | -€38,461 | -36.8% |
| Suppliers | 440/4 | €104,556 | €66,095 | -€38,461 | -36.8% |
| Taxes, remuneration and social security | 45 | €5,083 | €14,280 | +€9,197 | +181% |
| Taxes | 450/3 | - | €5,486 | +€5,486 | |
| Remuneration and social security | 454/9 | €5,083 | €8,794 | +€3,711 | +73.0% |
| Other amounts payable | 47/48 | €32,841 | €33,000 | +€159 | +0.5% |
| Remuneration, social security and pensions | 62 | €92,808 | €120,141 | +€27,333 | +29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,452 | €5,987 | +€3,535 | +144% |
| Other operating charges | 640/8 | €9,562 | €4,323 | -€5,239 | -54.8% |
| Gross operating margin | 9900 | €120,041 | €188,214 | +€68,173 | +56.8% |
| Operating profit (loss) | 9901 | €15,219 | €57,763 | +€42,544 | +280% |
| Financial charges | 65/66B | €8,361 | €7,364 | -€997 | -11.9% |
| Recurring financial charges | 65 | €8,361 | €7,364 | -€997 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €6,858 | €50,399 | +€43,541 | +635% |
| Income taxes | 67/77 | - | €25,675 | +€25,675 | |
| Profit (loss) for the period | 9904 | €6,858 | €24,724 | +€17,866 | +261% |
| Profit (loss) for the period to be appropriated | 9905 | €6,858 | €24,724 | +€17,866 | +261% |
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 13 October 2026 via checked.be.