ARISTOR: 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.
ARISTOR
Largest movements
- Cash +€146,495
up €146,495 (+362.5%), from €40,413 to €186,908
mainly Current investments (+€100,000) and Net result for the year (+€75,551)
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Tangible fixed assets +€31,459
up €31,459 (+176.2%), from €17,853 to €49,312
of which Furniture and vehicles: +€34,091
- Receivables within one year +€6,693
up €6,693 (+27.8%), from €24,077 to €30,770
of which Trade receivables: +€5,870
- Deferred charges and accrued income +€3,464
up €3,464 (+45.9%), from €7,548 to €11,012
- Profit (loss) carried forward +€75,551
up €75,551 (+48.6%), from €155,341 to €230,892
- Trade debts +€17,177
up €17,177 (+232.6%), from €7,383 to €24,561
- Tax, wage and social debts -€4,104
down €4,104 (-28.0%), from €14,654 to €10,550
- Gross operating margin -€92,972
down €92,972 (-43.8%), from €212,115 to €119,143
- Taxes -€25,454
down €25,454 (-54.4%), from €46,822 to €21,368
- Staff costs +€9,612
new in 2025: €9,612
- Depreciation +€3,584
up €3,584 (+65.1%), from €5,505 to €9,089
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 | €192,390 | €280,501 | +€88,110 | +45.8% |
| Fixed assets | 21/28 | €20,353 | €51,812 | +€31,459 | +154.6% |
| Tangible fixed assets | 22/27 | €17,853 | €49,312 | +€31,459 | +176.2% |
| Plant, machinery and equipment | 23 | €10,669 | €8,036 | -€2,632 | -24.7% |
| Furniture and vehicles | 24 | €7,184 | €41,275 | +€34,091 | +474.5% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €172,037 | €228,689 | +€56,652 | +32.9% |
| Amounts receivable within one year | 40/41 | €24,077 | €30,770 | +€6,693 | +27.8% |
| Trade receivables | 40 | €20,717 | €26,587 | +€5,870 | +28.3% |
| Other amounts receivable | 41 | €3,360 | €4,182 | +€823 | +24.5% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €40,413 | €186,908 | +€146,495 | +362.5% |
| Deferred charges and accrued income | 490/1 | €7,548 | €11,012 | +€3,464 | +45.9% |
| Total equity and liabilities | 10/49 | €192,390 | €280,501 | +€88,110 | +45.8% |
| Equity | 10/15 | €165,341 | €240,892 | +€75,551 | +45.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €155,341 | €230,892 | +€75,551 | +48.6% |
| Amounts payable | 17/49 | €27,049 | €39,608 | +€12,560 | +46.4% |
| Amounts payable within one year | 42/48 | €24,383 | €36,941 | +€12,558 | +51.5% |
| Financial debts | 43 | €15 | €15 | = | 0.0% |
| Credit institutions | 430/8 | €15 | €15 | = | 0.0% |
| Trade debts | 44 | €7,383 | €24,561 | +€17,177 | +232.6% |
| Suppliers | 440/4 | €7,383 | €24,561 | +€17,177 | +232.6% |
| Taxes, remuneration and social security | 45 | €14,654 | €10,550 | -€4,104 | -28.0% |
| Taxes | 450/3 | €14,654 | €10,550 | -€4,104 | -28.0% |
| Other amounts payable | 47/48 | €2,330 | €1,815 | -€515 | -22.1% |
| Accrued charges and deferred income | 492/3 | €2,666 | €2,667 | +€1 | 0.0% |
| Remuneration, social security and pensions | 62 | - | €9,612 | +€9,612 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,505 | €9,089 | +€3,584 | +65.1% |
| Other operating charges | 640/8 | - | €405 | +€405 | |
| Gross operating margin | 9900 | €212,115 | €119,143 | -€92,972 | -43.8% |
| Operating profit (loss) | 9901 | €206,610 | €100,037 | -€106,573 | -51.6% |
| Financial income | 75/76B | - | €878 | +€878 | |
| Recurring financial income | 75 | - | €878 | +€878 | |
| Financial charges | 65/66B | €2,446 | €3,996 | +€1,550 | +63.4% |
| Recurring financial charges | 65 | €2,446 | €3,996 | +€1,550 | +63.4% |
| Profit (loss) for the period before taxes | 9903 | €204,164 | €96,919 | -€107,245 | -52.5% |
| Income taxes | 67/77 | €46,822 | €21,368 | -€25,454 | -54.4% |
| Profit (loss) for the period | 9904 | €157,341 | €75,551 | -€81,791 | -52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €157,341 | €75,551 | -€81,791 | -52.0% |
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 30 September 2026 via checked.be.