"ARRISTO": 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.
"ARRISTO"
Largest movements
- Cash +€39,365
up €39,365 (+23.7%), from €166,099 to €205,464
mainly Net result for the year (+€115,934) and Other debts (+€99,803)
- Receivables within one year +€25,976
up €25,976 (+31.6%), from €82,144 to €108,120
of which Trade receivables: +€36,254
- Other debts +€99,803
up €99,803 (+50,551%), from €197 to €100,000
- Accrued charges and deferred income -€40,000
no longer reported in 2025 (was €40,000)
- Tax, wage and social debts +€21,300
up €21,300 (+172%), from €12,404 to €33,703
of which Taxes: +€27,462
- Trade debts -€10,426
down €10,426 (-52.1%), from €20,024 to €9,597
- Write-downs -€64,560
down €64,560, from €55,747 to -€8,813
- Taxes +€26,244
up €26,244 (+94.4%), from €27,807 to €54,050
- Other operating charges +€9,559
up €9,559 (+349%), from €2,737 to €12,295
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.
Derived cash bridge
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 | €268,246 | €337,209 | +€68,963 | +25.7% |
| Fixed assets | 21/28 | €11,336 | €15,919 | +€4,583 | +40.4% |
| Tangible fixed assets | 22/27 | €5,786 | €8,869 | +€3,083 | +53.3% |
| Plant, machinery and equipment | 23 | €5,786 | €6,440 | +€654 | +11.3% |
| Furniture and vehicles | 24 | - | €2,429 | +€2,429 | |
| Financial fixed assets | 28 | €5,550 | €7,050 | +€1,500 | +27.0% |
| Current assets | 29/58 | €256,910 | €321,290 | +€64,380 | +25.1% |
| Amounts receivable within one year | 40/41 | €82,144 | €108,120 | +€25,976 | +31.6% |
| Trade receivables | 40 | €66,294 | €102,548 | +€36,254 | +54.7% |
| Other amounts receivable | 41 | €15,850 | €5,571 | -€10,278 | -64.8% |
| Cash at bank and in hand | 54/58 | €166,099 | €205,464 | +€39,365 | +23.7% |
| Deferred charges and accrued income | 490/1 | €8,667 | €7,707 | -€960 | -11.1% |
| Total equity and liabilities | 10/49 | €268,246 | €337,209 | +€68,963 | +25.7% |
| Equity | 10/15 | €195,621 | €193,909 | -€1,713 | -0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,161 | €173,449 | -€1,713 | -1.0% |
| Amounts payable | 17/49 | €72,625 | €143,301 | +€70,676 | +97.3% |
| Amounts payable within one year | 42/48 | €32,625 | €143,301 | +€110,676 | +339% |
| Trade debts | 44 | €20,024 | €9,597 | -€10,426 | -52.1% |
| Suppliers | 440/4 | €20,024 | €9,597 | -€10,426 | -52.1% |
| Taxes, remuneration and social security | 45 | €12,404 | €33,703 | +€21,300 | +172% |
| Taxes | 450/3 | €3,544 | €31,006 | +€27,462 | +775% |
| Remuneration and social security | 454/9 | €8,860 | €2,698 | -€6,162 | -69.6% |
| Other amounts payable | 47/48 | €197 | €100,000 | +€99,803 | +50,551% |
| Accrued charges and deferred income | 492/3 | €40,000 | - | -€40,000 | |
| Remuneration, social security and pensions | 62 | €48,194 | €49,184 | +€990 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €700 | €1,104 | +€404 | +57.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €55,747 | -€8,813 | -€64,560 | |
| Other operating charges | 640/8 | €2,737 | €12,295 | +€9,559 | +349% |
| Gross operating margin | 9900 | €227,239 | €225,378 | -€1,861 | -0.8% |
| Operating profit (loss) | 9901 | €119,862 | €171,607 | +€51,745 | +43.2% |
| Financial income | 75/76B | €217 | €287 | +€69 | +31.9% |
| Recurring financial income | 75 | €217 | €287 | +€69 | +31.9% |
| Financial charges | 65/66B | €2,667 | €1,909 | -€758 | -28.4% |
| Recurring financial charges | 65 | €2,667 | €1,909 | -€758 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €117,412 | €169,985 | +€52,572 | +44.8% |
| Income taxes | 67/77 | €27,807 | €54,050 | +€26,244 | +94.4% |
| Profit (loss) for the period | 9904 | €89,606 | €115,934 | +€26,329 | +29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €89,606 | €115,934 | +€26,329 | +29.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.