ARR: 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.
ARR
Largest movements
- Receivables within one year +€35,578
up €35,578 (+23.8%), from €149,585 to €185,163
of which Other amounts receivable: +€30,545
- Cash +€2,851
up €2,851 (+22.5%), from €12,647 to €15,498
mainly Net result for the year (+€54,526) and Current portion of long-term debt (+€9,197)
- Profit (loss) carried forward +€54,526
up €54,526 (+58.0%), from €94,006 to €148,532
- Trade debts -€20,823
down €20,823 (-56.2%), from €37,082 to €16,259
- Current portion of long-term debt +€9,197
up €9,197 (+163.6%), from €5,623 to €14,819
- Debts after one year -€5,930
down €5,930 (-29.8%), from €19,915 to €13,984
- Staff costs -€75,083
down €75,083 (-80.2%), from €93,600 to €18,518
- Purchases and services +€24,664
up €24,664 (+18.4%), from €133,844 to €158,508
- Gross operating margin -€17,388
down €17,388 (-14.6%), from €119,346 to €101,958
- Taxes +€11,074
up €11,074 (+69.4%), from €15,967 to €27,042
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 | €162,232 | €200,661 | +€38,430 | +23.7% |
| Current assets | 29/58 | €162,232 | €200,661 | +€38,430 | +23.7% |
| Amounts receivable within one year | 40/41 | €149,585 | €185,163 | +€35,578 | +23.8% |
| Trade receivables | 40 | €32,744 | €37,777 | +€5,034 | +15.4% |
| Other amounts receivable | 41 | €116,841 | €147,386 | +€30,545 | +26.1% |
| Cash at bank and in hand | 54/58 | €12,647 | €15,498 | +€2,851 | +22.5% |
| Total equity and liabilities | 10/49 | €162,232 | €200,661 | +€38,430 | +23.7% |
| Equity | 10/15 | €94,007 | €148,533 | +€54,526 | +58.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,006 | €148,532 | +€54,526 | +58.0% |
| Amounts payable | 17/49 | €68,225 | €52,128 | -€16,097 | -23.6% |
| Amounts payable after more than one year | 17 | €19,915 | €13,984 | -€5,930 | -29.8% |
| Financial debts | 170/4 | €19,915 | €13,984 | -€5,930 | -29.8% |
| Amounts payable within one year | 42/48 | €48,310 | €38,144 | -€10,166 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €5,623 | €14,819 | +€9,197 | +163.6% |
| Trade debts | 44 | €37,082 | €16,259 | -€20,823 | -56.2% |
| Suppliers | 440/4 | €37,082 | €16,259 | -€20,823 | -56.2% |
| Taxes, remuneration and social security | 45 | €5,605 | €7,065 | +€1,459 | +26.0% |
| Taxes | 450/3 | €5,605 | €6,665 | +€1,059 | +18.9% |
| Remuneration and social security | 454/9 | - | €400 | +€400 | |
| Goods, raw materials, services and sundry goods | 60/61 | €133,844 | €158,508 | +€24,664 | +18.4% |
| Remuneration, social security and pensions | 62 | €93,600 | €18,518 | -€75,083 | -80.2% |
| Other operating charges | 640/8 | €242 | €120 | -€122 | -50.4% |
| Gross operating margin | 9900 | €119,346 | €101,958 | -€17,388 | -14.6% |
| Operating profit (loss) | 9901 | €25,504 | €83,321 | +€57,817 | +226.7% |
| Financial income | 75/76B | €0 | €25 | +€25 | +27333.3% |
| Recurring financial income | 75 | €0 | €25 | +€25 | +27333.3% |
| Financial charges | 65/66B | €2,031 | €1,778 | -€253 | -12.5% |
| Recurring financial charges | 65 | €2,031 | €1,778 | -€253 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €23,473 | €81,568 | +€58,095 | +247.5% |
| Income taxes | 67/77 | €15,967 | €27,042 | +€11,074 | +69.4% |
| Profit (loss) for the period | 9904 | €7,506 | €54,526 | +€47,020 | +626.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,506 | €54,526 | +€47,020 | +626.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.