ARS CONSULTING: 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.
ARS CONSULTING
Largest movements
- Receivables within one year +€77,863
up €77,863 (+158%), from €49,258 to €127,121
of which Trade receivables: +€58,850
- Cash +€52,650
up €52,650 (+26.9%), from €195,664 to €248,315
mainly Net result for the year (+€402,605) and Other debts (+€113,824)
- Tangible fixed assets +€7,745
up €7,745 (+175%), from €4,416 to €12,161
of which Furniture and vehicles: +€7,969
- Deferred charges and accrued income -€5,316
down €5,316 (-95.1%), from €5,591 to €275
- Other debts +€113,824
up €113,824 (+55.3%), from €205,886 to €319,710
- Trade debts +€16,351
up €16,351 (+1,714%), from €954 to €17,305
- Profit (loss) carried forward +€12,605
new in 2025: €12,605
- Tax, wage and social debts -€9,837
down €9,837 (-35.6%), from €27,629 to €17,792
of which Remuneration and social security: -€6,306
- Gross operating margin +€298,834
up €298,834 (+110%), from €271,795 to €570,629
- Taxes +€66,533
up €66,533 (+106%), from €62,857 to €129,390
- Staff costs +€34,197
new in 2025: €34,197
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 | €254,930 | €387,871 | +€132,942 | +52.1% |
| Fixed assets | 21/28 | €4,416 | €12,161 | +€7,745 | +175% |
| Tangible fixed assets | 22/27 | €4,416 | €12,161 | +€7,745 | +175% |
| Plant, machinery and equipment | 23 | €4,416 | €4,192 | -€224 | -5.1% |
| Furniture and vehicles | 24 | - | €7,969 | +€7,969 | |
| Current assets | 29/58 | €250,513 | €375,711 | +€125,197 | +50.0% |
| Amounts receivable within one year | 40/41 | €49,258 | €127,121 | +€77,863 | +158% |
| Trade receivables | 40 | €48,800 | €107,650 | +€58,850 | +121% |
| Other amounts receivable | 41 | €458 | €19,471 | +€19,013 | +4,148% |
| Cash at bank and in hand | 54/58 | €195,664 | €248,315 | +€52,650 | +26.9% |
| Deferred charges and accrued income | 490/1 | €5,591 | €275 | -€5,316 | -95.1% |
| Total equity and liabilities | 10/49 | €254,930 | €387,871 | +€132,942 | +52.1% |
| Equity | 10/15 | €20,460 | €33,065 | +€12,605 | +61.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €12,605 | +€12,605 | |
| Amounts payable | 17/49 | €234,470 | €354,807 | +€120,337 | +51.3% |
| Amounts payable within one year | 42/48 | €234,470 | €354,807 | +€120,337 | +51.3% |
| Trade debts | 44 | €954 | €17,305 | +€16,351 | +1,714% |
| Suppliers | 440/4 | €954 | €17,305 | +€16,351 | +1,714% |
| Taxes, remuneration and social security | 45 | €27,629 | €17,792 | -€9,837 | -35.6% |
| Taxes | 450/3 | €19,829 | €16,298 | -€3,531 | -17.8% |
| Remuneration and social security | 454/9 | €7,800 | €1,494 | -€6,306 | -80.9% |
| Other amounts payable | 47/48 | €205,886 | €319,710 | +€113,824 | +55.3% |
| Remuneration, social security and pensions | 62 | - | €34,197 | +€34,197 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,653 | €3,711 | +€2,058 | +125% |
| Other operating charges | 640/8 | - | €751 | +€751 | |
| Gross operating margin | 9900 | €271,795 | €570,629 | +€298,834 | +110% |
| Operating profit (loss) | 9901 | €270,143 | €531,969 | +€261,827 | +96.9% |
| Financial income | 75/76B | €30 | €628 | +€598 | +1,986% |
| Recurring financial income | 75 | €30 | €628 | +€598 | +1,986% |
| Financial charges | 65/66B | €2,166 | €603 | -€1,564 | -72.2% |
| Recurring financial charges | 65 | €2,166 | €603 | -€1,564 | -72.2% |
| Profit (loss) for the period before taxes | 9903 | €268,006 | €531,995 | +€263,988 | +98.5% |
| Income taxes | 67/77 | €62,857 | €129,390 | +€66,533 | +106% |
| Profit (loss) for the period | 9904 | €205,149 | €402,605 | +€197,456 | +96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €205,149 | €402,605 | +€197,456 | +96.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.