ARS Driesen: 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 Driesen
Largest movements
- Receivables after one year -€19,596
down €19,596 (-100%), from €19,596 to €0
- Cash -€4,385
down €4,385 (-12.8%), from €34,269 to €29,884
mainly Other debts (-€31,282) and Contributions, distributions and other (-€28,249)
- Deferred charges and accrued income -€1,428
down €1,428 (-48.8%), from €2,923 to €1,496
- Receivables within one year +€1,049
up €1,049 (+24.8%), from €4,228 to €5,278
of which Trade receivables: +€1,934
- Other debts -€31,282
down €31,282 (-49.6%), from €63,065 to €31,784
- Tax, wage and social debts +€4,471
up €4,471 (+629%), from €711 to €5,182
- Trade debts +€2,835
up €2,835 (+223%), from €1,269 to €4,103
- Gross operating margin +€9,776
up €9,776 (+31.4%), from €31,159 to €40,935
- Taxes +€2,523
up €2,523 (+35.5%), from €7,116 to €9,639
- Write-downs -€430
down €430 (-100%), from €430 to €0
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,045 | €44,069 | -€23,976 | -35.2% |
| Fixed assets | 21/28 | €7,029 | €7,412 | +€383 | +5.4% |
| Tangible fixed assets | 22/27 | €7,029 | €7,412 | +€383 | +5.4% |
| Plant, machinery and equipment | 23 | - | €2,834 | +€2,834 | |
| Furniture and vehicles | 24 | €7,029 | €4,578 | -€2,451 | -34.9% |
| Current assets | 29/58 | €61,016 | €36,657 | -€24,359 | -39.9% |
| Amounts receivable after more than one year | 29 | €19,596 | €0 | -€19,596 | -100% |
| Other amounts receivable | 291 | €19,596 | €0 | -€19,596 | -100% |
| Amounts receivable within one year | 40/41 | €4,228 | €5,278 | +€1,049 | +24.8% |
| Trade receivables | 40 | €3,344 | €5,278 | +€1,934 | +57.8% |
| Other amounts receivable | 41 | €884 | €0 | -€884 | -100% |
| Cash at bank and in hand | 54/58 | €34,269 | €29,884 | -€4,385 | -12.8% |
| Deferred charges and accrued income | 490/1 | €2,923 | €1,496 | -€1,428 | -48.8% |
| Total equity and liabilities | 10/49 | €68,045 | €44,069 | -€23,976 | -35.2% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €65,045 | €41,069 | -€23,976 | -36.9% |
| Amounts payable within one year | 42/48 | €65,045 | €41,069 | -€23,976 | -36.9% |
| Trade debts | 44 | €1,269 | €4,103 | +€2,835 | +223% |
| Suppliers | 440/4 | €1,269 | €4,103 | +€2,835 | +223% |
| Taxes, remuneration and social security | 45 | €711 | €5,182 | +€4,471 | +629% |
| Taxes | 450/3 | €711 | €5,182 | +€4,471 | +629% |
| Other amounts payable | 47/48 | €63,065 | €31,784 | -€31,282 | -49.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,616 | €2,542 | -€74 | -2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €430 | €0 | -€430 | -100% |
| Other operating charges | 640/8 | €710 | €779 | +€69 | +9.7% |
| Gross operating margin | 9900 | €31,159 | €40,935 | +€9,776 | +31.4% |
| Operating profit (loss) | 9901 | €27,402 | €37,614 | +€10,211 | +37.3% |
| Financial income | 75/76B | €555 | €410 | -€145 | -26.1% |
| Recurring financial income | 75 | €555 | €410 | -€145 | -26.1% |
| Financial charges | 65/66B | €125 | €136 | +€11 | +8.4% |
| Recurring financial charges | 65 | €125 | €136 | +€11 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €27,832 | €37,888 | +€10,056 | +36.1% |
| Income taxes | 67/77 | €7,116 | €9,639 | +€2,523 | +35.5% |
| Profit (loss) for the period | 9904 | €20,716 | €28,249 | +€7,533 | +36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,716 | €28,249 | +€7,533 | +36.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.