ARIVIO: 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.
ARIVIO
Largest movements
- Financial fixed assets +€262,036
up €262,036 (+18.4%), from €1.4m to €1.7m
- Receivables within one year +€128,506
up €128,506 (+7088.9%), from €1,813 to €130,319
of which Other amounts receivable: +€130,319
- Reserves +€540,734
up €540,734 (+2192.8%), from €24,660 to €565,393
- Other debts -€147,409
down €147,409 (-48.5%), from €304,096 to €156,688
- Financial income +€262,036
up €262,036 (+379.8%), from €69,000 to €331,036
of which Non-recurring financial income: +€262,036
- Gross operating margin +€244,024
up €244,024 (+514.4%), from €47,439 to €291,463
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 | €1,423,304 | €1,813,600 | +€390,296 | +27.4% |
| Fixed assets | 21/28 | €1,421,060 | €1,683,096 | +€262,036 | +18.4% |
| Financial fixed assets | 28 | €1,421,060 | €1,683,096 | +€262,036 | +18.4% |
| Current assets | 29/58 | €2,244 | €130,504 | +€128,260 | +5716.0% |
| Amounts receivable within one year | 40/41 | €1,813 | €130,319 | +€128,506 | +7088.9% |
| Trade receivables | 40 | €1,813 | €0 | -€1,813 | -100.0% |
| Other amounts receivable | 41 | - | €130,319 | +€130,319 | |
| Cash at bank and in hand | 54/58 | €431 | €185 | -€246 | -57.0% |
| Total equity and liabilities | 10/49 | €1,423,304 | €1,813,600 | +€390,296 | +27.4% |
| Equity | 10/15 | €64,160 | €604,893 | +€540,734 | +842.8% |
| Contributions | 10/11 | €39,500 | €39,500 | = | 0.0% |
| Reserves | 13 | €24,660 | €565,393 | +€540,734 | +2192.8% |
| Distributable reserves | 133 | €24,660 | €565,393 | +€540,734 | +2192.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,359,144 | €1,208,707 | -€150,437 | -11.1% |
| Amounts payable after more than one year | 17 | €991,193 | €991,193 | = | 0.0% |
| Financial debts | 170/4 | €991,193 | €991,193 | = | 0.0% |
| Amounts payable within one year | 42/48 | €307,280 | €156,842 | -€150,437 | -49.0% |
| Trade debts | 44 | €355 | €155 | -€200 | -56.4% |
| Suppliers | 440/4 | €355 | €155 | -€200 | -56.4% |
| Taxes, remuneration and social security | 45 | €2,828 | €0 | -€2,828 | -100.0% |
| Taxes | 450/3 | €2,828 | €0 | -€2,828 | -100.0% |
| Other amounts payable | 47/48 | €304,096 | €156,688 | -€147,409 | -48.5% |
| Accrued charges and deferred income | 492/3 | €60,672 | €60,672 | = | 0.0% |
| Non-recurring operating income | 76A | - | €270,000 | +€270,000 | |
| Other operating charges | 640/8 | €1,171 | €1,206 | +€36 | +3.0% |
| Gross operating margin | 9900 | €47,439 | €291,463 | +€244,024 | +514.4% |
| Operating profit (loss) | 9901 | €46,269 | €290,257 | +€243,988 | +527.3% |
| Financial income | 75/76B | €69,000 | €331,036 | +€262,036 | +379.8% |
| Recurring financial income | 75 | €69,000 | €69,000 | = | 0.0% |
| Non-recurring financial income | 76B | - | €262,036 | +€262,036 | |
| Financial charges | 65/66B | €82,748 | €80,559 | -€2,189 | -2.6% |
| Recurring financial charges | 65 | €82,748 | €80,559 | -€2,189 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €32,520 | €540,734 | +€508,213 | +1562.8% |
| Profit (loss) for the period | 9904 | €32,520 | €540,734 | +€508,213 | +1562.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,520 | €540,734 | +€508,213 | +1562.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.