ARRIS: 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.
What changed
ARRIS
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€57,915
2024 · -€15,675+€73,590
Equity
€2.0m
2024 · €2.0m+€57,915
Cash
€710,469
2024 · €62,131+€648,338
Balance sheet total
€2.6m
2024 · €2.1m+€553,761
Largest movements
Assets
- Cash +€648,338
up €648,338 (+1043.5%), from €62,131 to €710,469
mainly Debts after one year (+€500,000) and Stocks and contracts (+€89,223)
- Stocks and contracts -€89,223
down €89,223 (-4.5%), from €2.0m to €1.9m
Equity and liabilities
- Debts after one year +€500,000
new in 2025: €500,000
- Profit (loss) carried forward +€57,915
up €57,915 (+27.2%), from -€213,200 to -€155,285
Income statement
- Write-downs -€177,479
down €177,479, from €71,311 to -€106,168
- Gross operating margin -€96,117
down €96,117 (-25.5%), from €376,876 to €280,760
- Financial charges +€10,839
up €10,839 (+752.9%), from €1,440 to €12,279
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.
Result 2024
-€15,675
Gross operating margin
-€96,117
Staff costs
+€645
Depreciation
+€449
Write-downs
+€177,479
Other operating charges
-€315
Financial income
+€2,271
Financial charges
-€10,839
Taxes
+€17
Result 2025
€57,915
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.
From operations
+€148,338
Investment
€0
Financing
+€500,000
Cash 2024
€62,131
From operations (derived)
+€148,338
Net result for the year
+€57,915
Depreciation
+€9,694
Stocks and contracts
+€89,223
Smaller working-capital items
-€371
Deferred charges and accrued income
-€3,840
Trade debts
-€6,439
Tax, wage and social debts
+€2,155
Financing
+€500,000
Debts after one year
+€500,000
Cash 2025
€710,469
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,074,371 | €2,628,132 | +€553,761 | +26.7% |
| Fixed assets | 21/28 | €34,149 | €24,455 | -€9,694 | -28.4% |
| Intangible fixed assets | 21 | €8,884 | €6,171 | -€2,713 | -30.5% |
| Tangible fixed assets | 22/27 | €24,902 | €17,921 | -€6,981 | -28.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €1,946 | €858 | -€1,088 | -55.9% |
| Furniture and vehicles | 24 | €12,919 | €8,198 | -€4,721 | -36.5% |
| Other tangible fixed assets | 26 | €10,036 | €8,864 | -€1,172 | -11.7% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €2,040,222 | €2,603,677 | +€563,455 | +27.6% |
| Stocks and contracts in progress | 3 | €1,969,252 | €1,880,029 | -€89,223 | -4.5% |
| Stocks | 30/36 | €1,969,252 | €1,880,029 | -€89,223 | -4.5% |
| Amounts receivable within one year | 40/41 | €1,954 | €2,455 | +€501 | +25.6% |
| Trade receivables | 40 | €1,954 | €2,455 | +€501 | +25.6% |
| Cash at bank and in hand | 54/58 | €62,131 | €710,469 | +€648,338 | +1043.5% |
| Deferred charges and accrued income | 490/1 | €6,884 | €10,724 | +€3,840 | +55.8% |
| Total equity and liabilities | 10/49 | €2,074,371 | €2,628,132 | +€553,761 | +26.7% |
| Equity | 10/15 | €1,978,829 | €2,036,744 | +€57,915 | +2.9% |
| Contributions | 10/11 | €2,192,029 | €2,192,029 | = | 0.0% |
| Capital | 10 | €2,192,029 | €2,192,029 | = | 0.0% |
| Issued capital | 100 | €2,192,029 | €2,192,029 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€213,200 | -€155,285 | +€57,915 | +27.2% |
| Amounts payable | 17/49 | €95,542 | €591,388 | +€495,846 | +519.0% |
| Amounts payable after more than one year | 17 | - | €500,000 | +€500,000 | |
| Financial debts | 170/4 | - | €500,000 | +€500,000 | |
| Amounts payable within one year | 42/48 | €95,542 | €91,388 | -€4,154 | -4.3% |
| Trade debts | 44 | €27,628 | €21,189 | -€6,439 | -23.3% |
| Suppliers | 440/4 | €27,628 | €21,189 | -€6,439 | -23.3% |
| Taxes, remuneration and social security | 45 | €43,974 | €46,129 | +€2,155 | +4.9% |
| Taxes | 450/3 | €1,347 | €1,103 | -€244 | -18.1% |
| Remuneration and social security | 454/9 | €42,628 | €45,026 | +€2,399 | +5.6% |
| Other amounts payable | 47/48 | €23,940 | €24,070 | +€130 | +0.5% |
| Remuneration, social security and pensions | 62 | €309,046 | €308,400 | -€645 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,143 | €9,694 | -€449 | -4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €71,311 | -€106,168 | -€177,479 | |
| Other operating charges | 640/8 | €222 | €536 | +€315 | +141.9% |
| Gross operating margin | 9900 | €376,876 | €280,760 | -€96,117 | -25.5% |
| Operating profit (loss) | 9901 | -€13,845 | €68,297 | +€82,142 | |
| Financial income | 75/76B | - | €2,271 | +€2,271 | |
| Recurring financial income | 75 | - | €2,271 | +€2,271 | |
| Financial charges | 65/66B | €1,440 | €12,279 | +€10,839 | +752.9% |
| Recurring financial charges | 65 | €1,440 | €12,279 | +€10,839 | +752.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,285 | €58,289 | +€73,573 | |
| Income taxes | 67/77 | €390 | €374 | -€17 | -4.2% |
| Profit (loss) for the period | 9904 | -€15,675 | €57,915 | +€73,590 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,675 | €57,915 | +€73,590 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.