ARS SERVICES: what changed
Two fiscal 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 SERVICES
Largest movements
- Tangible fixed assets -€16,238
down €16,238 (-26.6%), from €61,156 to €44,917
of which Leasing and similar rights: -€14,601
- Cash +€5,958
up €5,958 (+247.1%), from €2,411 to €8,368
mainly Depreciation (+€18,112) and Net result for the year (+€6,682)
- Receivables within one year -€4,695
down €4,695 (-21.1%), from €22,295 to €17,601
of which Trade receivables: -€3,991
- Stocks and contracts -€2,433
no longer reported in 2025 (was €2,433)
- Deferred charges and accrued income +€922
up €922 (+2390.3%), from €39 to €961
- Debts after one year -€13,925
down €13,925 (-50.5%), from €27,576 to €13,651
- Profit (loss) carried forward +€6,682
up €6,682 (+28.4%), from €23,495 to €30,177
- Trade debts -€4,459
down €4,459 (-64.3%), from €6,939 to €2,480
- Other debts -€3,557
down €3,557 (-38.7%), from €9,194 to €5,637
- Tax, wage and social debts -€2,545
down €2,545 (-60.6%), from €4,200 to €1,654
of which Remuneration and social security: -€1,750
- Gross operating margin +€7,084
up €7,084 (+29.3%), from €24,203 to €31,287
- Taxes +€1,462
up €1,462 (+153.0%), from €955 to €2,417
- Write-downs -€386
no longer reported in 2025 (was €386)
- Depreciation -€385
down €385 (-2.1%), from €18,497 to €18,112
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.
Cash bridge derived
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 | €88,333 | €71,847 | -€16,486 | -18.7% |
| Fixed assets | 21/28 | €61,156 | €44,917 | -€16,238 | -26.6% |
| Tangible fixed assets | 22/27 | €61,156 | €44,917 | -€16,238 | -26.6% |
| Land and buildings | 22 | €14,527 | €13,324 | -€1,203 | -8.3% |
| Plant, machinery and equipment | 23 | €4,374 | €4,593 | +€219 | +5.0% |
| Furniture and vehicles | 24 | €1,354 | €700 | -€654 | -48.3% |
| Leasing and similar rights | 25 | €40,901 | €26,301 | -€14,601 | -35.7% |
| Current assets | 29/58 | €27,178 | €26,929 | -€248 | -0.9% |
| Stocks and contracts in progress | 3 | €2,433 | - | -€2,433 | |
| Stocks | 30/36 | €2,433 | - | -€2,433 | |
| Amounts receivable within one year | 40/41 | €22,295 | €17,601 | -€4,695 | -21.1% |
| Trade receivables | 40 | €19,964 | €15,973 | -€3,991 | -20.0% |
| Other amounts receivable | 41 | €2,332 | €1,628 | -€704 | -30.2% |
| Cash at bank and in hand | 54/58 | €2,411 | €8,368 | +€5,958 | +247.1% |
| Deferred charges and accrued income | 490/1 | €39 | €961 | +€922 | +2390.3% |
| Total equity and liabilities | 10/49 | €88,333 | €71,847 | -€16,486 | -18.7% |
| Equity | 10/15 | €25,995 | €32,677 | +€6,682 | +25.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,495 | €30,177 | +€6,682 | +28.4% |
| Amounts payable | 17/49 | €62,338 | €39,170 | -€23,169 | -37.2% |
| Amounts payable after more than one year | 17 | €27,576 | €13,651 | -€13,925 | -50.5% |
| Financial debts | 170/4 | €27,576 | €13,651 | -€13,925 | -50.5% |
| Amounts payable within one year | 42/48 | €34,759 | €25,273 | -€9,486 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €14,427 | €15,503 | +€1,076 | +7.5% |
| Trade debts | 44 | €6,939 | €2,480 | -€4,459 | -64.3% |
| Suppliers | 440/4 | €6,939 | €2,480 | -€4,459 | -64.3% |
| Taxes, remuneration and social security | 45 | €4,200 | €1,654 | -€2,545 | -60.6% |
| Taxes | 450/3 | €2,450 | €1,654 | -€795 | -32.5% |
| Remuneration and social security | 454/9 | €1,750 | - | -€1,750 | |
| Other amounts payable | 47/48 | €9,194 | €5,637 | -€3,557 | -38.7% |
| Accrued charges and deferred income | 492/3 | €3 | €245 | +€242 | +7816.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,497 | €18,112 | -€385 | -2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €386 | - | -€386 | |
| Other operating charges | 640/8 | €1,763 | €1,840 | +€77 | +4.4% |
| Gross operating margin | 9900 | €24,203 | €31,287 | +€7,084 | +29.3% |
| Operating profit (loss) | 9901 | €3,558 | €11,335 | +€7,778 | +218.6% |
| Financial income | 75/76B | €0 | €4 | +€4 | +21300.0% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +21300.0% |
| Financial charges | 65/66B | €2,091 | €2,240 | +€150 | +7.2% |
| Recurring financial charges | 65 | €2,091 | €1,504 | -€587 | -28.1% |
| Non-recurring financial charges | 66B | - | €736 | +€736 | |
| Profit (loss) for the period before taxes | 9903 | €1,467 | €9,099 | +€7,632 | +520.2% |
| Income taxes | 67/77 | €955 | €2,417 | +€1,462 | +153.0% |
| Profit (loss) for the period | 9904 | €512 | €6,682 | +€6,170 | +1205.0% |
| Profit (loss) for the period to be appropriated | 9905 | €512 | €6,682 | +€6,170 | +1205.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.