ARSTON: 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.
ARSTON
Largest movements
- Receivables within one year +€50,295
up €50,295 (+90.7%), from €55,440 to €105,735
of which Other amounts receivable: +€43,776
- Deferred charges and accrued income +€19,126
new in 2025: €19,126
- Cash -€6,961
down €6,961 (-78.7%), from €8,841 to €1,880
mainly Receivables within one year (-€50,295) and Deferred charges and accrued income (-€19,126)
- Reserves +€30,245
up €30,245 (+50.0%), from €60,436 to €90,681
- Trade debts +€24,369
up €24,369 (+13,548%), from €180 to €24,549
- Tax, wage and social debts +€7,846
up €7,846 (+89.8%), from €8,733 to €16,579
- Gross operating margin +€34,000
up €34,000 (+212%), from €16,011 to €50,011
- Taxes +€13,121
up €13,121 (+954%), from €1,376 to €14,497
- Financial charges +€4,334
up €4,334 (+819%), from €529 to €4,863
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 | €64,280 | €126,740 | +€62,460 | +97.2% |
| Current assets | 29/58 | €64,280 | €126,740 | +€62,460 | +97.2% |
| Amounts receivable within one year | 40/41 | €55,440 | €105,735 | +€50,295 | +90.7% |
| Trade receivables | 40 | €12,833 | €19,353 | +€6,520 | +50.8% |
| Other amounts receivable | 41 | €42,607 | €86,382 | +€43,776 | +103% |
| Cash at bank and in hand | 54/58 | €8,841 | €1,880 | -€6,961 | -78.7% |
| Deferred charges and accrued income | 490/1 | - | €19,126 | +€19,126 | |
| Total equity and liabilities | 10/49 | €64,280 | €126,740 | +€62,460 | +97.2% |
| Equity | 10/15 | €55,367 | €85,613 | +€30,245 | +54.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €60,436 | €90,681 | +€30,245 | +50.0% |
| Distributable reserves | 133 | €60,436 | €90,681 | +€30,245 | +50.0% |
| Profit (loss) carried forward | 14 | -€10,069 | -€10,069 | = | 0.0% |
| Amounts payable | 17/49 | €8,913 | €41,128 | +€32,215 | +361% |
| Amounts payable within one year | 42/48 | €8,913 | €41,128 | +€32,215 | +361% |
| Trade debts | 44 | €180 | €24,549 | +€24,369 | +13,548% |
| Suppliers | 440/4 | €180 | €24,549 | +€24,369 | +13,548% |
| Taxes, remuneration and social security | 45 | €8,733 | €16,579 | +€7,846 | +89.8% |
| Taxes | 450/3 | €8,733 | €16,579 | +€7,846 | +89.8% |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Other operating charges | 640/8 | €352 | €406 | +€54 | +15.4% |
| Gross operating margin | 9900 | €16,011 | €50,011 | +€34,000 | +212% |
| Operating profit (loss) | 9901 | €15,659 | €49,605 | +€33,946 | +217% |
| Financial income | 75/76B | €3 | €0 | -€3 | -95.5% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -95.5% |
| Financial charges | 65/66B | €529 | €4,863 | +€4,334 | +819% |
| Recurring financial charges | 65 | €529 | €4,863 | +€4,334 | +819% |
| Profit (loss) for the period before taxes | 9903 | €15,133 | €44,743 | +€29,609 | +196% |
| Income taxes | 67/77 | €1,376 | €14,497 | +€13,121 | +954% |
| Profit (loss) for the period | 9904 | €13,758 | €30,245 | +€16,488 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €13,758 | €30,245 | +€16,488 | +120% |
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.