ARS LEGALIA: 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 LEGALIA
Largest movements
- Cash +€65,160
up €65,160 (+108%), from €60,564 to €125,724
mainly Net result for the year (+€81,484) and Receivables within one year (+€5,019)
- Tangible fixed assets +€20,339
up €20,339 (+2,590%), from €785 to €21,124
of which Land and buildings: +€17,699
- Receivables within one year -€5,019
down €5,019 (-53.0%), from €9,471 to €4,452
of which Trade receivables: -€4,490
- Profit (loss) carried forward +€80,651
up €80,651 (+135%), from €59,733 to €140,384
- Tax, wage and social debts +€2,656
up €2,656 (+37.5%), from €7,077 to €9,733
- Trade debts -€2,526
down €2,526 (-83.2%), from €3,036 to €511
- Gross operating margin +€26,745
up €26,745 (+34.7%), from €77,086 to €103,832
- Taxes +€5,262
up €5,262 (+32.8%), from €16,047 to €21,309
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 | €71,205 | €152,623 | +€81,418 | +114% |
| Fixed assets | 21/28 | €785 | €21,124 | +€20,339 | +2,590% |
| Tangible fixed assets | 22/27 | €785 | €21,124 | +€20,339 | +2,590% |
| Land and buildings | 22 | - | €17,699 | +€17,699 | |
| Furniture and vehicles | 24 | €785 | €3,425 | +€2,640 | +336% |
| Current assets | 29/58 | €70,420 | €131,498 | +€61,078 | +86.7% |
| Amounts receivable within one year | 40/41 | €9,471 | €4,452 | -€5,019 | -53.0% |
| Trade receivables | 40 | €4,989 | €499 | -€4,490 | -90.0% |
| Other amounts receivable | 41 | €4,482 | €3,953 | -€529 | -11.8% |
| Cash at bank and in hand | 54/58 | €60,564 | €125,724 | +€65,160 | +108% |
| Deferred charges and accrued income | 490/1 | €385 | €1,323 | +€938 | +243% |
| Total equity and liabilities | 10/49 | €71,205 | €152,623 | +€81,418 | +114% |
| Equity | 10/15 | €60,233 | €140,884 | +€80,651 | +134% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,733 | €140,384 | +€80,651 | +135% |
| Amounts payable | 17/49 | €10,972 | €11,739 | +€766 | +7.0% |
| Amounts payable within one year | 42/48 | €10,972 | €11,739 | +€766 | +7.0% |
| Trade debts | 44 | €3,036 | €511 | -€2,526 | -83.2% |
| Suppliers | 440/4 | €3,036 | €511 | -€2,526 | -83.2% |
| Taxes, remuneration and social security | 45 | €7,077 | €9,733 | +€2,656 | +37.5% |
| Taxes | 450/3 | €7,077 | €9,733 | +€2,656 | +37.5% |
| Other amounts payable | 47/48 | €859 | €1,495 | +€636 | +74.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €444 | €946 | +€502 | +113% |
| Other operating charges | 640/8 | €50 | €60 | +€10 | +20.0% |
| Gross operating margin | 9900 | €77,086 | €103,832 | +€26,745 | +34.7% |
| Operating profit (loss) | 9901 | €76,592 | €102,826 | +€26,233 | +34.3% |
| Financial income | 75/76B | €47 | €35 | -€11 | -24.6% |
| Recurring financial income | 75 | €47 | €35 | -€11 | -24.6% |
| Financial charges | 65/66B | - | €68 | +€68 | |
| Recurring financial charges | 65 | - | €68 | +€68 | |
| Profit (loss) for the period before taxes | 9903 | €76,639 | €102,793 | +€26,154 | +34.1% |
| Income taxes | 67/77 | €16,047 | €21,309 | +€5,262 | +32.8% |
| Profit (loss) for the period | 9904 | €60,592 | €81,484 | +€20,892 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €60,592 | €81,484 | +€20,892 | +34.5% |
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 19 October 2026 via checked.be.