ARO-INVEST: 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.
ARO-INVEST
Largest movements
- Tangible fixed assets -€5,250
down €5,250 (-30.1%), from €17,434 to €12,184
of which Furniture and vehicles: -€5,366
- Cash -€4,843
down €4,843 (-31.2%), from €15,510 to €10,667
mainly Net result for the year (-€10,435) and Tax, wage and social debts (-€7,785)
- Financial fixed assets +€1,288
up €1,288 (+59.0%), from €2,181 to €3,469
- Receivables within one year +€1,148
up €1,148 (+1.6%), from €73,626 to €74,775
of which Other amounts receivable: +€1,144
- Profit (loss) carried forward -€10,435
down €10,435 (-22.4%), from €46,687 to €36,252
- Tax, wage and social debts -€7,785
down €7,785 (-36.9%), from €21,074 to €13,290
of which Remuneration and social security: -€4,480
- Other debts +€6,743
up €6,743 (+32.3%), from €20,888 to €27,630
- Trade debts +€3,821
up €3,821 (+187.1%), from €2,042 to €5,862
- Purchases and services -€53,087
down €53,087 (-9.1%), from €583,740 to €530,653
- Turnover -€47,375
down €47,375 (-7.2%), from €660,773 to €613,398
- Staff costs +€28,128
up €28,128 (+40.7%), from €69,090 to €97,218
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,751 | €101,094 | -€7,657 | -7.0% |
| Fixed assets | 21/28 | €19,615 | €15,653 | -€3,962 | -20.2% |
| Tangible fixed assets | 22/27 | €17,434 | €12,184 | -€5,250 | -30.1% |
| Plant, machinery and equipment | 23 | €2,488 | €2,604 | +€116 | +4.7% |
| Furniture and vehicles | 24 | €14,946 | €9,580 | -€5,366 | -35.9% |
| Financial fixed assets | 28 | €2,181 | €3,469 | +€1,288 | +59.0% |
| Current assets | 29/58 | €89,136 | €85,441 | -€3,695 | -4.1% |
| Amounts receivable within one year | 40/41 | €73,626 | €74,775 | +€1,148 | +1.6% |
| Trade receivables | 40 | €73,626 | €73,630 | +€4 | 0.0% |
| Other amounts receivable | 41 | - | €1,144 | +€1,144 | |
| Cash at bank and in hand | 54/58 | €15,510 | €10,667 | -€4,843 | -31.2% |
| Total equity and liabilities | 10/49 | €108,751 | €101,094 | -€7,657 | -7.0% |
| Equity | 10/15 | €64,747 | €54,312 | -€10,435 | -16.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,687 | €36,252 | -€10,435 | -22.4% |
| Amounts payable | 17/49 | €44,004 | €46,783 | +€2,779 | +6.3% |
| Amounts payable within one year | 42/48 | €44,004 | €46,783 | +€2,779 | +6.3% |
| Trade debts | 44 | €2,042 | €5,862 | +€3,821 | +187.1% |
| Suppliers | 440/4 | €2,042 | €5,862 | +€3,821 | +187.1% |
| Taxes, remuneration and social security | 45 | €21,074 | €13,290 | -€7,785 | -36.9% |
| Taxes | 450/3 | €16,594 | €13,290 | -€3,304 | -19.9% |
| Remuneration and social security | 454/9 | €4,480 | - | -€4,480 | |
| Other amounts payable | 47/48 | €20,888 | €27,630 | +€6,743 | +32.3% |
| Turnover | 70 | €660,773 | €613,398 | -€47,375 | -7.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €583,740 | €530,653 | -€53,087 | -9.1% |
| Remuneration, social security and pensions | 62 | €69,090 | €97,218 | +€28,128 | +40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,837 | €9,650 | -€1,187 | -11.0% |
| Other operating charges | 640/8 | €3,537 | €1,587 | -€1,949 | -55.1% |
| Gross operating margin | 9900 | €95,654 | €100,512 | +€4,857 | +5.1% |
| Operating profit (loss) | 9901 | €12,191 | -€7,943 | -€20,134 | |
| Financial income | 75/76B | €3 | €4 | +€1 | +41.9% |
| Recurring financial income | 75 | €3 | €4 | +€1 | +41.9% |
| Financial charges | 65/66B | €2,346 | €2,497 | +€151 | +6.4% |
| Recurring financial charges | 65 | €2,346 | €2,497 | +€151 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €9,848 | -€10,435 | -€20,283 | |
| Income taxes | 67/77 | €5,560 | - | -€5,560 | |
| Profit (loss) for the period | 9904 | €4,288 | -€10,435 | -€14,723 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,288 | -€10,435 | -€14,723 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.