ARISO: 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.
ARISO
Largest movements
- Receivables within one year -€68,671
down €68,671 (-87.2%), from €78,745 to €10,074
of which Other amounts receivable: -€68,671
- Stocks and contracts +€60,000
up €60,000 (+48.1%), from €124,673 to €184,673
- Deferred charges and accrued income +€16,159
up €16,159, from €0 to €16,159
- Cash -€8,011
down €8,011 (-18.9%), from €42,379 to €34,368
mainly Stocks and contracts (-€60,000) and Tax, wage and social debts (-€25,095)
- Tangible fixed assets -€5,783
down €5,783 (-40.6%), from €14,253 to €8,470
of which Land and buildings: -€4,311
- Tax, wage and social debts -€25,095
down €25,095 (-79.6%), from €31,541 to €6,445
- Accrued charges and deferred income +€14,341
new in 2025: €14,341
- Reserves +€13,208
up €13,208 (+7.9%), from €166,733 to €179,941
- Current portion of long-term debt -€11,312
down €11,312 (-53.1%), from €21,312 to €10,000
- Debts after one year +€11,296
new in 2025: €11,296
- Gross operating margin +€17,668
up €17,668 (+135.0%), from €13,089 to €30,757
- Other operating charges -€4,559
down €4,559 (-85.5%), from €5,331 to €772
- Financial income -€4,165
down €4,165 (-80.3%), from €5,188 to €1,022
- Financial charges +€3,720
up €3,720 (+260.0%), from €1,431 to €5,152
- Taxes +€3,031
up €3,031 (+97.7%), from €3,104 to €6,136
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 | €260,051 | €253,744 | -€6,307 | -2.4% |
| Fixed assets | 21/28 | €14,253 | €8,470 | -€5,783 | -40.6% |
| Tangible fixed assets | 22/27 | €14,253 | €8,470 | -€5,783 | -40.6% |
| Land and buildings | 22 | €10,613 | €6,302 | -€4,311 | -40.6% |
| Plant, machinery and equipment | 23 | €0 | €962 | +€962 | |
| Furniture and vehicles | 24 | €3,641 | €1,206 | -€2,435 | -66.9% |
| Current assets | 29/58 | €245,797 | €245,274 | -€523 | -0.2% |
| Stocks and contracts in progress | 3 | €124,673 | €184,673 | +€60,000 | +48.1% |
| Stocks | 30/36 | €124,673 | €184,673 | +€60,000 | +48.1% |
| Amounts receivable within one year | 40/41 | €78,745 | €10,074 | -€68,671 | -87.2% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €78,745 | €10,074 | -€68,671 | -87.2% |
| Cash at bank and in hand | 54/58 | €42,379 | €34,368 | -€8,011 | -18.9% |
| Deferred charges and accrued income | 490/1 | €0 | €16,159 | +€16,159 | |
| Total equity and liabilities | 10/49 | €260,051 | €253,744 | -€6,307 | -2.4% |
| Equity | 10/15 | €172,933 | €186,141 | +€13,208 | +7.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €166,733 | €179,941 | +€13,208 | +7.9% |
| Distributable reserves | 133 | €166,733 | €179,941 | +€13,208 | +7.9% |
| Amounts payable | 17/49 | €87,118 | €67,603 | -€19,515 | -22.4% |
| Amounts payable after more than one year | 17 | - | €11,296 | +€11,296 | |
| Financial debts | 170/4 | - | €11,296 | +€11,296 | |
| Amounts payable within one year | 42/48 | €87,118 | €41,965 | -€45,153 | -51.8% |
| Current portion of amounts payable after more than one year | 42 | €21,312 | €10,000 | -€11,312 | -53.1% |
| Trade debts | 44 | €15,097 | €5,650 | -€9,447 | -62.6% |
| Suppliers | 440/4 | €15,097 | €5,650 | -€9,447 | -62.6% |
| Taxes, remuneration and social security | 45 | €31,541 | €6,445 | -€25,095 | -79.6% |
| Taxes | 450/3 | €31,541 | €6,445 | -€25,095 | -79.6% |
| Other amounts payable | 47/48 | €19,168 | €19,869 | +€701 | +3.7% |
| Accrued charges and deferred income | 492/3 | - | €14,341 | +€14,341 | |
| Non-recurring operating income | 76A | €4,500 | - | -€4,500 | |
| Remuneration, social security and pensions | 62 | €0 | €728 | +€728 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,717 | €5,783 | +€67 | +1.2% |
| Other operating charges | 640/8 | €5,331 | €772 | -€4,559 | -85.5% |
| Gross operating margin | 9900 | €13,089 | €30,757 | +€17,668 | +135.0% |
| Operating profit (loss) | 9901 | €2,042 | €23,473 | +€21,432 | +1049.7% |
| Financial income | 75/76B | €5,188 | €1,022 | -€4,165 | -80.3% |
| Recurring financial income | 75 | €5,188 | €1,022 | -€4,165 | -80.3% |
| Financial charges | 65/66B | €1,431 | €5,152 | +€3,720 | +260.0% |
| Recurring financial charges | 65 | €1,431 | €5,152 | +€3,720 | +260.0% |
| Profit (loss) for the period before taxes | 9903 | €5,798 | €19,344 | +€13,546 | +233.6% |
| Income taxes | 67/77 | €3,104 | €6,136 | +€3,031 | +97.7% |
| Profit (loss) for the period | 9904 | €2,694 | €13,208 | +€10,514 | +390.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,694 | €13,208 | +€10,514 | +390.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.