ARISTON: 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.
ARISTON
Largest movements
- Financial fixed assets +€1.4m
new in 2025: €1.4m
- Cash +€130,210
up €130,210 (+256.2%), from €50,819 to €181,029
mainly Other debts (+€1.6m) and Net result for the year (+€156,064)
- Receivables within one year -€48,410
down €48,410 (-18.8%), from €258,133 to €209,723
of which Trade receivables: -€245,640
- Other debts +€1.6m
up €1.6m (+2338.2%), from €69,818 to €1.7m
- Reserves -€189,537
down €189,537 (-62.9%), from €301,292 to €111,755
- Gross operating margin -€17,256
down €17,256 (-5.7%), from €301,970 to €284,714
- Taxes -€7,778
down €7,778 (-12.2%), from €63,912 to €56,134
- Staff costs +€7,236
up €7,236 (+14.7%), from €49,060 to €56,296
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 | €538,076 | €1,973,479 | +€1.4m | +266.8% |
| Fixed assets | 21/28 | €128,748 | €1,473,514 | +€1.3m | +1044.5% |
| Tangible fixed assets | 22/27 | €128,748 | €122,946 | -€5,802 | -4.5% |
| Land and buildings | 22 | €92,711 | €86,829 | -€5,882 | -6.3% |
| Furniture and vehicles | 24 | €21,733 | €18,447 | -€3,286 | -15.1% |
| Other tangible fixed assets | 26 | €14,304 | €17,670 | +€3,366 | +23.5% |
| Financial fixed assets | 28 | - | €1,350,568 | +€1.4m | |
| Current assets | 29/58 | €409,328 | €499,965 | +€90,637 | +22.1% |
| Amounts receivable within one year | 40/41 | €258,133 | €209,723 | -€48,410 | -18.8% |
| Trade receivables | 40 | €258,133 | €12,493 | -€245,640 | -95.2% |
| Other amounts receivable | 41 | €0 | €197,230 | +€197,230 | |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €50,819 | €181,029 | +€130,210 | +256.2% |
| Deferred charges and accrued income | 490/1 | €376 | €9,213 | +€8,837 | +2350.3% |
| Total equity and liabilities | 10/49 | €538,076 | €1,973,479 | +€1.4m | +266.8% |
| Equity | 10/15 | €302,292 | €104,451 | -€197,841 | -65.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €301,292 | €111,755 | -€189,537 | -62.9% |
| Distributable reserves | 133 | €301,292 | €111,755 | -€189,537 | -62.9% |
| Profit (loss) carried forward | 14 | €0 | -€8,303 | -€8,303 | |
| Amounts payable | 17/49 | €235,784 | €1,869,028 | +€1.6m | +692.7% |
| Amounts payable after more than one year | 17 | €77,574 | €72,661 | -€4,913 | -6.3% |
| Financial debts | 170/4 | €77,574 | €72,661 | -€4,913 | -6.3% |
| Amounts payable within one year | 42/48 | €158,080 | €1,796,246 | +€1.6m | +1036.3% |
| Current portion of amounts payable after more than one year | 42 | €5,224 | €5,319 | +€95 | +1.8% |
| Trade debts | 44 | €2,721 | €8,138 | +€5,417 | +199.1% |
| Suppliers | 440/4 | €2,721 | €8,138 | +€5,417 | +199.1% |
| Taxes, remuneration and social security | 45 | €80,317 | €80,493 | +€175 | +0.2% |
| Taxes | 450/3 | €73,304 | €72,193 | -€1,111 | -1.5% |
| Remuneration and social security | 454/9 | €7,013 | €8,300 | +€1,287 | +18.3% |
| Other amounts payable | 47/48 | €69,818 | €1,702,297 | +€1.6m | +2338.2% |
| Accrued charges and deferred income | 492/3 | €129 | €122 | -€8 | -5.8% |
| Non-recurring operating income | 76A | - | €13,278 | +€13,278 | |
| Remuneration, social security and pensions | 62 | €49,060 | €56,296 | +€7,236 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,365 | €13,128 | -€237 | -1.8% |
| Other operating charges | 640/8 | €2,085 | €2,875 | +€790 | +37.9% |
| Gross operating margin | 9900 | €301,970 | €284,714 | -€17,256 | -5.7% |
| Operating profit (loss) | 9901 | €237,460 | €212,415 | -€25,045 | -10.5% |
| Financial income | 75/76B | €5,612 | €3,686 | -€1,926 | -34.3% |
| Recurring financial income | 75 | €5,612 | €3,686 | -€1,926 | -34.3% |
| Financial charges | 65/66B | €1,804 | €3,903 | +€2,099 | +116.4% |
| Recurring financial charges | 65 | €1,804 | €3,903 | +€2,099 | +116.4% |
| Profit (loss) for the period before taxes | 9903 | €241,268 | €212,198 | -€29,070 | -12.0% |
| Income taxes | 67/77 | €63,912 | €56,134 | -€7,778 | -12.2% |
| Profit (loss) for the period | 9904 | €177,357 | €156,064 | -€21,292 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €177,357 | €156,064 | -€21,292 | -12.0% |
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 7 October 2026 via checked.be.