AROCON: 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.
AROCON
Largest movements
- Cash +€76,700
up €76,700 (+143.8%), from €53,329 to €130,029
mainly Net result for the year (+€77,454) and Debts after one year (+€29,320)
- Tangible fixed assets +€39,366
up €39,366 (+364.5%), from €10,800 to €50,166
of which Leasing and similar rights: +€44,467
- Reserves +€75,804
up €75,804 (+20.2%), from €375,093 to €450,897
of which Distributable reserves: +€75,804
- Debts after one year +€29,320
new in 2025: €29,320
- Current portion of long-term debt +€14,335
new in 2025: €14,335
- Gross operating margin +€13,855
up €13,855 (+14.2%), from €97,580 to €111,435
- Taxes +€5,019
up €5,019 (+25.6%), from €19,606 to €24,626
- Financial charges +€1,741
up €1,741 (+98.7%), from €1,763 to €3,504
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 | €403,381 | €522,172 | +€118,791 | +29.4% |
| Fixed assets | 21/28 | €10,800 | €50,166 | +€39,366 | +364.5% |
| Tangible fixed assets | 22/27 | €10,800 | €50,166 | +€39,366 | +364.5% |
| Plant, machinery and equipment | 23 | - | €2,275 | +€2,275 | |
| Furniture and vehicles | 24 | €6,969 | - | -€6,969 | |
| Leasing and similar rights | 25 | - | €44,467 | +€44,467 | |
| Other tangible fixed assets | 26 | €3,832 | €3,425 | -€407 | -10.6% |
| Current assets | 29/58 | €392,581 | €472,006 | +€79,425 | +20.2% |
| Amounts receivable within one year | 40/41 | €334,503 | €336,994 | +€2,491 | +0.7% |
| Trade receivables | 40 | €53,624 | €22,323 | -€31,302 | -58.4% |
| Other amounts receivable | 41 | €280,879 | €314,671 | +€33,792 | +12.0% |
| Current investments | 50/53 | €612 | €612 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €53,329 | €130,029 | +€76,700 | +143.8% |
| Deferred charges and accrued income | 490/1 | €4,136 | €4,371 | +€235 | +5.7% |
| Total equity and liabilities | 10/49 | €403,381 | €522,172 | +€118,791 | +29.4% |
| Equity | 10/15 | €381,593 | €457,397 | +€75,804 | +19.9% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €375,093 | €450,897 | +€75,804 | +20.2% |
| Non-distributable reserves | 130/1 | €650 | €650 | = | 0.0% |
| Reserves not available under the articles | 1311 | €650 | €650 | = | 0.0% |
| Distributable reserves | 133 | €374,443 | €450,247 | +€75,804 | +20.2% |
| Amounts payable | 17/49 | €21,788 | €64,776 | +€42,987 | +197.3% |
| Amounts payable after more than one year | 17 | - | €29,320 | +€29,320 | |
| Financial debts | 170/4 | - | €29,320 | +€29,320 | |
| Amounts payable within one year | 42/48 | €21,788 | €35,280 | +€13,492 | +61.9% |
| Current portion of amounts payable after more than one year | 42 | - | €14,335 | +€14,335 | |
| Trade debts | 44 | €4,813 | €5,241 | +€428 | +8.9% |
| Suppliers | 440/4 | €4,813 | €5,241 | +€428 | +8.9% |
| Taxes, remuneration and social security | 45 | €16,975 | €14,055 | -€2,921 | -17.2% |
| Taxes | 450/3 | €16,975 | €14,055 | -€2,921 | -17.2% |
| Other amounts payable | 47/48 | - | €1,650 | +€1,650 | |
| Accrued charges and deferred income | 492/3 | - | €176 | +€176 | |
| Non-recurring operating income | 76A | - | €5,249 | +€5,249 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,338 | €2,019 | -€319 | -13.6% |
| Other operating charges | 640/8 | €3,268 | €3,930 | +€663 | +20.3% |
| Gross operating margin | 9900 | €97,580 | €111,435 | +€13,855 | +14.2% |
| Operating profit (loss) | 9901 | €91,974 | €105,486 | +€13,512 | +14.7% |
| Financial income | 75/76B | €23 | €97 | +€74 | +326.6% |
| Recurring financial income | 75 | €23 | €97 | +€74 | +326.6% |
| Financial charges | 65/66B | €1,763 | €3,504 | +€1,741 | +98.7% |
| Recurring financial charges | 65 | €1,763 | €3,504 | +€1,741 | +98.7% |
| Profit (loss) for the period before taxes | 9903 | €90,234 | €102,079 | +€11,845 | +13.1% |
| Income taxes | 67/77 | €19,606 | €24,626 | +€5,019 | +25.6% |
| Profit (loss) for the period | 9904 | €70,628 | €77,454 | +€6,826 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €70,628 | €77,454 | +€6,826 | +9.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.