ARUCAREA: 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.
ARUCAREA
Largest movements
- Tangible fixed assets +€29,637
up €29,637 (+622.6%), from €4,761 to €34,397
of which Furniture and vehicles: +€30,199
- Receivables within one year -€13,139
down €13,139 (-60.6%), from €21,680 to €8,541
of which Trade receivables: -€11,802
- Cash -€3,565
down €3,565 (-11.0%), from €32,532 to €28,967
mainly Contributions, distributions and other (-€44,500) and Investment in fixed assets (net) (-€37,990)
- Deferred charges and accrued income +€992
up €992 (+91.5%), from €1,084 to €2,077
- Other debts +€36,408
up €36,408 (+1326.3%), from €2,745 to €39,153
- Profit (loss) carried forward -€28,801
down €28,801 (-98.9%), from €29,120 to €319
- Tax, wage and social debts +€6,241
up €6,241 (+81.0%), from €7,706 to €13,947
- Gross operating margin -€11,180
down €11,180 (-27.9%), from €40,134 to €28,954
- Depreciation +€7,560
up €7,560 (+953.1%), from €793 to €8,353
- Taxes -€2,774
down €2,774 (-39.5%), from €7,024 to €4,250
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 | €60,057 | €73,983 | +€13,926 | +23.2% |
| Fixed assets | 21/28 | €4,761 | €34,397 | +€29,637 | +622.6% |
| Tangible fixed assets | 22/27 | €4,761 | €34,397 | +€29,637 | +622.6% |
| Plant, machinery and equipment | 23 | €2,190 | €1,628 | -€562 | -25.7% |
| Furniture and vehicles | 24 | €2,571 | €32,770 | +€30,199 | +1174.7% |
| Current assets | 29/58 | €55,297 | €39,585 | -€15,711 | -28.4% |
| Amounts receivable within one year | 40/41 | €21,680 | €8,541 | -€13,139 | -60.6% |
| Trade receivables | 40 | €20,344 | €8,541 | -€11,802 | -58.0% |
| Other amounts receivable | 41 | €1,337 | - | -€1,337 | |
| Cash at bank and in hand | 54/58 | €32,532 | €28,967 | -€3,565 | -11.0% |
| Deferred charges and accrued income | 490/1 | €1,084 | €2,077 | +€992 | +91.5% |
| Total equity and liabilities | 10/49 | €60,057 | €73,983 | +€13,926 | +23.2% |
| Equity | 10/15 | €49,580 | €20,779 | -€28,801 | -58.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,120 | €319 | -€28,801 | -98.9% |
| Amounts payable | 17/49 | €10,477 | €53,204 | +€42,727 | +407.8% |
| Amounts payable within one year | 42/48 | €10,477 | €53,204 | +€42,727 | +407.8% |
| Trade debts | 44 | €26 | €104 | +€79 | +305.8% |
| Suppliers | 440/4 | €26 | €104 | +€79 | +305.8% |
| Taxes, remuneration and social security | 45 | €7,706 | €13,947 | +€6,241 | +81.0% |
| Taxes | 450/3 | €7,706 | €13,947 | +€6,241 | +81.0% |
| Other amounts payable | 47/48 | €2,745 | €39,153 | +€36,408 | +1326.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €793 | €8,353 | +€7,560 | +953.1% |
| Other operating charges | 640/8 | €590 | €607 | +€17 | +2.9% |
| Gross operating margin | 9900 | €40,134 | €28,954 | -€11,180 | -27.9% |
| Operating profit (loss) | 9901 | €38,751 | €19,994 | -€18,757 | -48.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €39 | €45 | +€6 | +15.2% |
| Recurring financial charges | 65 | €39 | €45 | +€6 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €38,712 | €19,949 | -€18,763 | -48.5% |
| Income taxes | 67/77 | €7,024 | €4,250 | -€2,774 | -39.5% |
| Profit (loss) for the period | 9904 | €31,688 | €15,699 | -€15,989 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,688 | €15,699 | -€15,989 | -50.5% |
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 12 October 2026 via checked.be.