ARS PLUS: 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 PLUS
Largest movements
- Cash +€440,851
up €440,851 (+943%), from €46,775 to €487,625
mainly Current investments (+€400,000) and Depreciation (+€27,964)
- Current investments -€400,000
no longer reported in 2025 (was €400,000)
- Tangible fixed assets -€27,964
down €27,964 (-3.5%), from €806,655 to €778,691
of which Land and buildings: -€19,664
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€13,428
new in 2025: €13,428
- Taxes +€3,464
up €3,464 (+152%), from €2,285 to €5,749
- Gross operating margin +€1,122
up €1,122 (+3.2%), from €35,473 to €36,595
- Other operating charges +€473
up €473 (+11.2%), from €4,226 to €4,699
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 | €1,264,743 | €1,275,958 | +€11,215 | +0.9% |
| Fixed assets | 21/28 | €807,155 | €779,191 | -€27,964 | -3.5% |
| Tangible fixed assets | 22/27 | €806,655 | €778,691 | -€27,964 | -3.5% |
| Land and buildings | 22 | €587,326 | €567,662 | -€19,664 | -3.3% |
| Furniture and vehicles | 24 | €19,329 | €11,029 | -€8,300 | -42.9% |
| Other tangible fixed assets | 26 | €200,000 | €200,000 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €457,588 | €496,768 | +€39,179 | +8.6% |
| Amounts receivable after more than one year | 29 | €4,403 | €4,403 | = | 0.0% |
| Other amounts receivable | 291 | €4,403 | €4,403 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,201 | €4,522 | -€1,679 | -27.1% |
| Trade receivables | 40 | €5,848 | €3,628 | -€2,220 | -38.0% |
| Other amounts receivable | 41 | €353 | €894 | +€541 | +153% |
| Current investments | 50/53 | €400,000 | - | -€400,000 | |
| Cash at bank and in hand | 54/58 | €46,775 | €487,625 | +€440,851 | +943% |
| Deferred charges and accrued income | 490/1 | €210 | €218 | +€8 | +3.6% |
| Total equity and liabilities | 10/49 | €1,264,743 | €1,275,958 | +€11,215 | +0.9% |
| Equity | 10/15 | €1,260,512 | €1,272,058 | +€11,545 | +0.9% |
| Contributions | 10/11 | €97,550 | €97,550 | = | 0.0% |
| Reserves | 13 | €704,395 | €704,395 | = | 0.0% |
| Distributable reserves | 133 | €704,395 | €704,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | €458,567 | €470,112 | +€11,545 | +2.5% |
| Amounts payable | 17/49 | €4,231 | €3,901 | -€330 | -7.8% |
| Amounts payable within one year | 42/48 | €2,731 | €2,401 | -€330 | -12.1% |
| Trade debts | 44 | €2,431 | €2,128 | -€303 | -12.5% |
| Suppliers | 440/4 | €2,431 | €2,128 | -€303 | -12.5% |
| Taxes, remuneration and social security | 45 | €300 | €273 | -€27 | -9.1% |
| Taxes | 450/3 | €300 | €273 | -€27 | -9.1% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,964 | €27,964 | = | 0.0% |
| Other operating charges | 640/8 | €4,226 | €4,699 | +€473 | +11.2% |
| Gross operating margin | 9900 | €35,473 | €36,595 | +€1,122 | +3.2% |
| Operating profit (loss) | 9901 | €3,284 | €3,932 | +€649 | +19.8% |
| Financial income | 75/76B | - | €13,428 | +€13,428 | |
| Recurring financial income | 75 | - | €13,428 | +€13,428 | |
| Financial charges | 65/66B | €61 | €65 | +€4 | +7.3% |
| Recurring financial charges | 65 | €61 | €65 | +€4 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €3,223 | €17,295 | +€14,072 | +437% |
| Income taxes | 67/77 | €2,285 | €5,749 | +€3,464 | +152% |
| Profit (loss) for the period | 9904 | €938 | €11,545 | +€10,608 | +1,131% |
| Profit (loss) for the period to be appropriated | 9905 | €938 | €11,545 | +€10,608 | +1,131% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.