ARISTO: 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.
ARISTO
Largest movements
- Receivables within one year +€2.5m
up €2.5m (+14960.1%), from €16,950 to €2.6m
of which Other amounts receivable: +€2.5m
- Current investments -€1.1m
down €1.1m (-83.5%), from €1.3m to €212,694
- Other debts +€1.5m
up €1.5m (+474.8%), from €319,526 to €1.8m
- Reserves -€101,010
down €101,010 (-9.5%), from €1.1m to €963,256
of which Distributable reserves: -€101,010
- Financial income -€38,957
down €38,957 (-30.1%), from €129,583 to €90,626
- Gross operating margin +€34,278
up €34,278 (+208.9%), from €16,407 to €50,684
- Financial charges +€30,457
up €30,457 (+260.0%), from €11,713 to €42,171
- Taxes +€14,402
up €14,402 (+170.3%), from €8,455 to €22,857
- Other operating charges +€1,951
up €1,951 (+21.4%), from €9,128 to €11,079
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 | €1,428,433 | €2,864,491 | +€1.4m | +100.5% |
| Fixed assets | 21/28 | €93,219 | €69,644 | -€23,575 | -25.3% |
| Tangible fixed assets | 22/27 | €93,219 | €69,644 | -€23,575 | -25.3% |
| Land and buildings | 22 | €46,694 | €44,026 | -€2,668 | -5.7% |
| Plant, machinery and equipment | 23 | €16,132 | €13,661 | -€2,471 | -15.3% |
| Furniture and vehicles | 24 | €30,392 | €11,957 | -€18,435 | -60.7% |
| Current assets | 29/58 | €1,335,215 | €2,794,847 | +€1.5m | +109.3% |
| Amounts receivable within one year | 40/41 | €16,950 | €2,552,701 | +€2.5m | +14960.1% |
| Trade receivables | 40 | €16,950 | €27,701 | +€10,751 | +63.4% |
| Other amounts receivable | 41 | - | €2,525,000 | +€2.5m | |
| Current investments | 50/53 | €1,288,814 | €212,694 | -€1.1m | -83.5% |
| Cash at bank and in hand | 54/58 | €11,582 | €10,855 | -€726 | -6.3% |
| Deferred charges and accrued income | 490/1 | €17,869 | €18,596 | +€727 | +4.1% |
| Total equity and liabilities | 10/49 | €1,428,433 | €2,864,491 | +€1.4m | +100.5% |
| Equity | 10/15 | €1,084,266 | €983,256 | -€101,010 | -9.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,064,266 | €963,256 | -€101,010 | -9.5% |
| Tax-exempt reserves | 132 | €126,300 | €126,300 | = | 0.0% |
| Distributable reserves | 133 | €937,966 | €836,956 | -€101,010 | -10.8% |
| Amounts payable | 17/49 | €344,167 | €1,881,234 | +€1.5m | +446.6% |
| Amounts payable within one year | 42/48 | €343,259 | €1,881,234 | +€1.5m | +448.1% |
| Trade debts | 44 | €14,240 | €33,635 | +€19,395 | +136.2% |
| Suppliers | 440/4 | €14,240 | €33,635 | +€19,395 | +136.2% |
| Taxes, remuneration and social security | 45 | €9,493 | €11,055 | +€1,562 | +16.5% |
| Taxes | 450/3 | €9,493 | €11,055 | +€1,562 | +16.5% |
| Other amounts payable | 47/48 | €319,526 | €1,836,544 | +€1.5m | +474.8% |
| Accrued charges and deferred income | 492/3 | €909 | - | -€909 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,237 | €22,898 | -€339 | -1.5% |
| Other operating charges | 640/8 | €9,128 | €11,079 | +€1,951 | +21.4% |
| Non-recurring operating charges | 66A | - | €677 | +€677 | |
| Gross operating margin | 9900 | €16,407 | €50,684 | +€34,278 | +208.9% |
| Operating profit (loss) | 9901 | -€15,958 | €16,031 | +€31,989 | |
| Financial income | 75/76B | €129,583 | €90,626 | -€38,957 | -30.1% |
| Recurring financial income | 75 | €129,583 | €90,626 | -€38,957 | -30.1% |
| Financial charges | 65/66B | €11,713 | €42,171 | +€30,457 | +260.0% |
| Recurring financial charges | 65 | €11,713 | €42,171 | +€30,457 | +260.0% |
| Profit (loss) for the period before taxes | 9903 | €101,912 | €64,486 | -€37,426 | -36.7% |
| Income taxes | 67/77 | €8,455 | €22,857 | +€14,402 | +170.3% |
| Profit (loss) for the period | 9904 | €93,457 | €41,629 | -€51,828 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €93,457 | €41,629 | -€51,828 | -55.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.