ARS NUMERIS: 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 NUMERIS
Largest movements
- Cash -€20,712
down €20,712 (-60.1%), from €34,485 to €13,773
mainly Investment in fixed assets (net) (-€25,356) and Net result for the year (-€1,832)
- Tangible fixed assets +€18,764
up €18,764 (+522%), from €3,595 to €22,360
- Receivables within one year -€4,291
down €4,291 (-57.8%), from €7,419 to €3,128
of which Trade receivables: -€6,833
- Deferred charges and accrued income +€1,491
new in 2025: €1,491
- Profit (loss) carried forward -€1,832
down €1,832 (-5.6%), from €32,921 to €31,089
- Trade debts -€1,241
down €1,241 (-82.1%), from €1,512 to €271
- Tax, wage and social debts -€1,108
down €1,108 (-45.4%), from €2,439 to €1,332
- Accrued charges and deferred income -€566
down €566 (-100%), from €566 to €0
- Depreciation +€5,685
up €5,685 (+627%), from €907 to €6,592
- Gross operating margin -€5,269
down €5,269 (-48.9%), from €10,768 to €5,499
- Taxes -€1,278
down €1,278 (-97.9%), from €1,305 to €27
- Other operating charges +€188
up €188 (+48.4%), from €387 to €575
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 | €45,499 | €40,752 | -€4,747 | -10.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €3,595 | €22,360 | +€18,764 | +522% |
| Tangible fixed assets | 22/27 | €3,595 | €22,360 | +€18,764 | +522% |
| Furniture and vehicles | 24 | €3,595 | €22,360 | +€18,764 | +522% |
| Current assets | 29/58 | €41,904 | €18,393 | -€23,511 | -56.1% |
| Amounts receivable within one year | 40/41 | €7,419 | €3,128 | -€4,291 | -57.8% |
| Trade receivables | 40 | €7,419 | €586 | -€6,833 | -92.1% |
| Other amounts receivable | 41 | €0 | €2,542 | +€2,542 | |
| Cash at bank and in hand | 54/58 | €34,485 | €13,773 | -€20,712 | -60.1% |
| Deferred charges and accrued income | 490/1 | - | €1,491 | +€1,491 | |
| Total equity and liabilities | 10/49 | €45,499 | €40,752 | -€4,747 | -10.4% |
| Equity | 10/15 | €40,981 | €39,149 | -€1,832 | -4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | €32,921 | €31,089 | -€1,832 | -5.6% |
| Amounts payable | 17/49 | €4,518 | €1,603 | -€2,915 | -64.5% |
| Amounts payable within one year | 42/48 | €3,952 | €1,603 | -€2,349 | -59.4% |
| Trade debts | 44 | €1,512 | €271 | -€1,241 | -82.1% |
| Suppliers | 440/4 | €1,512 | €271 | -€1,241 | -82.1% |
| Taxes, remuneration and social security | 45 | €2,439 | €1,332 | -€1,108 | -45.4% |
| Taxes | 450/3 | €2,439 | €1,332 | -€1,108 | -45.4% |
| Accrued charges and deferred income | 492/3 | €566 | €0 | -€566 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €907 | €6,592 | +€5,685 | +627% |
| Other operating charges | 640/8 | €387 | €575 | +€188 | +48.4% |
| Gross operating margin | 9900 | €10,768 | €5,499 | -€5,269 | -48.9% |
| Operating profit (loss) | 9901 | €9,474 | -€1,668 | -€11,142 | |
| Financial charges | 65/66B | €125 | €137 | +€12 | +9.4% |
| Recurring financial charges | 65 | €125 | €137 | +€12 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €9,348 | -€1,805 | -€11,154 | |
| Income taxes | 67/77 | €1,305 | €27 | -€1,278 | -97.9% |
| Profit (loss) for the period | 9904 | €8,043 | -€1,832 | -€9,875 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,043 | -€1,832 | -€9,875 |
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 15 October 2026 via checked.be.