Aroon: 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.
Aroon
Largest movements
- Receivables within one year -€115,873
down €115,873 (-26.8%), from €432,215 to €316,341
of which Trade receivables: -€216,121
- Current investments -€84,175
no longer reported in 2025 (was €84,175)
- Cash +€52,718
up €52,718 (+44.9%), from €117,460 to €170,178
mainly Receivables within one year (+€115,873) and Current investments (+€84,175)
- Tangible fixed assets +€31,634
up €31,634 (+155.6%), from €20,331 to €51,965
of which Furniture and vehicles: +€32,944
- Reserves -€74,615
down €74,615 (-12.7%), from €586,395 to €511,781
- Tax, wage and social debts -€35,198
down €35,198 (-89.9%), from €39,135 to €3,937
of which Taxes: -€35,584
- Financial charges +€175,153
up €175,153, from -€96,136 to €79,017
- Taxes -€68,390
down €68,390 (-97.5%), from €70,124 to €1,734
- Gross operating margin -€34,902
down €34,902 (-27.1%), from €128,789 to €93,887
- Financial income -€6,807
down €6,807 (-91.1%), from €7,472 to €665
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 | €665,410 | €543,189 | -€122,221 | -18.4% |
| Fixed assets | 21/28 | €20,331 | €51,965 | +€31,634 | +155.6% |
| Tangible fixed assets | 22/27 | €20,331 | €51,965 | +€31,634 | +155.6% |
| Land and buildings | 22 | €15,000 | €15,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,839 | €1,529 | -€1,310 | -46.1% |
| Furniture and vehicles | 24 | €2,492 | €35,436 | +€32,944 | +1322.2% |
| Current assets | 29/58 | €645,080 | €491,224 | -€153,855 | -23.9% |
| Stocks and contracts in progress | 3 | €6,761 | €2,650 | -€4,111 | -60.8% |
| Stocks | 30/36 | €6,761 | €2,650 | -€4,111 | -60.8% |
| Amounts receivable within one year | 40/41 | €432,215 | €316,341 | -€115,873 | -26.8% |
| Trade receivables | 40 | €262,215 | €46,094 | -€216,121 | -82.4% |
| Other amounts receivable | 41 | €170,000 | €270,248 | +€100,248 | +59.0% |
| Current investments | 50/53 | €84,175 | - | -€84,175 | |
| Cash at bank and in hand | 54/58 | €117,460 | €170,178 | +€52,718 | +44.9% |
| Deferred charges and accrued income | 490/1 | €4,469 | €2,055 | -€2,414 | -54.0% |
| Total equity and liabilities | 10/49 | €665,410 | €543,189 | -€122,221 | -18.4% |
| Equity | 10/15 | €598,795 | €524,181 | -€74,615 | -12.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €586,395 | €511,781 | -€74,615 | -12.7% |
| Distributable reserves | 133 | €586,395 | €511,781 | -€74,615 | -12.7% |
| Amounts payable | 17/49 | €66,615 | €19,008 | -€47,607 | -71.5% |
| Amounts payable within one year | 42/48 | €65,776 | €19,008 | -€46,768 | -71.1% |
| Trade debts | 44 | €14,192 | €8,163 | -€6,030 | -42.5% |
| Suppliers | 440/4 | €14,192 | €8,163 | -€6,030 | -42.5% |
| Taxes, remuneration and social security | 45 | €39,135 | €3,937 | -€35,198 | -89.9% |
| Taxes | 450/3 | €39,135 | €3,551 | -€35,584 | -90.9% |
| Remuneration and social security | 454/9 | - | €385 | +€385 | |
| Other amounts payable | 47/48 | €12,449 | €6,909 | -€5,540 | -44.5% |
| Accrued charges and deferred income | 492/3 | €839 | - | -€839 | |
| Non-recurring operating income | 76A | - | €16,055 | +€16,055 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,149 | €9,195 | +€1,046 | +12.8% |
| Other operating charges | 640/8 | €233 | €301 | +€68 | +29.2% |
| Gross operating margin | 9900 | €128,789 | €93,887 | -€34,902 | -27.1% |
| Operating profit (loss) | 9901 | €120,407 | €84,391 | -€36,017 | -29.9% |
| Financial income | 75/76B | €7,472 | €665 | -€6,807 | -91.1% |
| Recurring financial income | 75 | €7,472 | €665 | -€6,807 | -91.1% |
| Financial charges | 65/66B | -€96,136 | €79,017 | +€175,153 | |
| Recurring financial charges | 65 | -€96,136 | €79,017 | +€175,153 | |
| Profit (loss) for the period before taxes | 9903 | €224,015 | €6,038 | -€217,976 | -97.3% |
| Income taxes | 67/77 | €70,124 | €1,734 | -€68,390 | -97.5% |
| Profit (loss) for the period | 9904 | €153,891 | €4,305 | -€149,586 | -97.2% |
| Profit (loss) for the period to be appropriated | 9905 | €153,891 | €4,305 | -€149,586 | -97.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.