ARIUS LAW: 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.
ARIUS LAW
Largest movements
- Cash +€25,922
up €25,922 (+73.0%), from €35,516 to €61,438
mainly Trade debts (+€57,806) and Depreciation (+€2,466)
- Receivables within one year +€21,243
up €21,243 (+13.0%), from €163,672 to €184,915
of which Trade receivables: +€21,725
- Trade debts +€57,806
up €57,806 (+88.5%), from €65,302 to €123,108
- Tax, wage and social debts -€7,907
down €7,907 (-42.2%), from €18,751 to €10,845
- Gross operating margin -€87,264
down €87,264 (-90.9%), from €95,956 to €8,692
- Taxes -€13,351
down €13,351 (-71.2%), from €18,751 to €5,400
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 | €205,392 | €254,055 | +€48,664 | +23.7% |
| Fixed assets | 21/28 | €6,203 | €7,702 | +€1,499 | +24.2% |
| Tangible fixed assets | 22/27 | €5,968 | €7,467 | +€1,499 | +25.1% |
| Furniture and vehicles | 24 | €5,968 | €7,467 | +€1,499 | +25.1% |
| Financial fixed assets | 28 | €235 | €235 | = | 0.0% |
| Current assets | 29/58 | €199,188 | €246,354 | +€47,165 | +23.7% |
| Amounts receivable within one year | 40/41 | €163,672 | €184,915 | +€21,243 | +13.0% |
| Trade receivables | 40 | €163,190 | €184,915 | +€21,725 | +13.3% |
| Other amounts receivable | 41 | €482 | - | -€482 | |
| Cash at bank and in hand | 54/58 | €35,516 | €61,438 | +€25,922 | +73.0% |
| Total equity and liabilities | 10/49 | €205,392 | €254,055 | +€48,664 | +23.7% |
| Equity | 10/15 | €115,006 | €115,248 | +€242 | +0.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,006 | €75,248 | +€242 | +0.3% |
| Amounts payable | 17/49 | €90,386 | €138,808 | +€48,422 | +53.6% |
| Amounts payable within one year | 42/48 | €90,386 | €138,808 | +€48,422 | +53.6% |
| Trade debts | 44 | €65,302 | €123,108 | +€57,806 | +88.5% |
| Suppliers | 440/4 | €65,302 | €123,108 | +€57,806 | +88.5% |
| Advances received on contracts in progress | 46 | €6,270 | €4,203 | -€2,067 | -33.0% |
| Taxes, remuneration and social security | 45 | €18,751 | €10,845 | -€7,907 | -42.2% |
| Taxes | 450/3 | €18,751 | €10,845 | -€7,907 | -42.2% |
| Other amounts payable | 47/48 | €63 | €653 | +€590 | +931% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,648 | €2,466 | +€818 | +49.6% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €95,956 | €8,692 | -€87,264 | -90.9% |
| Operating profit (loss) | 9901 | €93,924 | €5,839 | -€88,085 | -93.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.0% |
| Non-recurring financial income | 76B | €1 | - | -€1 | |
| Financial charges | 65/66B | €168 | €197 | +€29 | +17.4% |
| Recurring financial charges | 65 | €168 | €197 | +€29 | +17.4% |
| Non-recurring financial charges | 66B | €168 | - | -€168 | |
| Profit (loss) for the period before taxes | 9903 | €93,757 | €5,642 | -€88,115 | -94.0% |
| Income taxes | 67/77 | €18,751 | €5,400 | -€13,351 | -71.2% |
| Profit (loss) for the period | 9904 | €75,006 | €242 | -€74,763 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €75,006 | €242 | -€74,763 | -99.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.