ARYÊS PROPERTIES: 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.
ARYÊS PROPERTIES
Largest movements
- Cash -€109,494
down €109,494 (-34.3%), from €319,330 to €209,836
mainly Debts after one year (-€126,587) and Investment in fixed assets (net) (-€115,935)
- Intangible fixed assets +€67,674
up €67,674 (+72.1%), from €93,868 to €161,542
- Tangible fixed assets -€57,338
down €57,338 (-24.0%), from €238,795 to €181,457
of which Furniture and vehicles: -€41,766
- Receivables within one year +€46,390
up €46,390 (+7.1%), from €653,112 to €699,502
of which Other amounts receivable: +€75,164
- Debts after one year -€126,587
down €126,587 (-39.4%), from €321,261 to €194,675
- Trade debts +€50,290
up €50,290 (+31.5%), from €159,650 to €209,940
- Tax, wage and social debts +€42,853
up €42,853 (+44.9%), from €95,523 to €138,376
of which Remuneration and social security: +€25,621
- Current portion of long-term debt -€26,840
down €26,840 (-17.5%), from €153,640 to €126,801
- Gross operating margin +€31,893
up €31,893 (+7.2%), from €442,324 to €474,218
- Depreciation +€26,853
up €26,853 (+34.1%), from €78,745 to €105,599
- Other operating charges -€10,621
down €10,621 (-78.7%), from €13,491 to €2,870
- Staff costs -€4,981
down €4,981 (-1.5%), from €332,642 to €327,662
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 | €1,318,035 | €1,266,450 | -€51,585 | -3.9% |
| Fixed assets | 21/28 | €332,963 | €343,299 | +€10,336 | +3.1% |
| Intangible fixed assets | 21 | €93,868 | €161,542 | +€67,674 | +72.1% |
| Tangible fixed assets | 22/27 | €238,795 | €181,457 | -€57,338 | -24.0% |
| Furniture and vehicles | 24 | €156,114 | €114,347 | -€41,766 | -26.8% |
| Other tangible fixed assets | 26 | €82,681 | €67,110 | -€15,571 | -18.8% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €985,072 | €923,151 | -€61,921 | -6.3% |
| Amounts receivable within one year | 40/41 | €653,112 | €699,502 | +€46,390 | +7.1% |
| Trade receivables | 40 | €557,478 | €528,704 | -€28,774 | -5.2% |
| Other amounts receivable | 41 | €95,634 | €170,798 | +€75,164 | +78.6% |
| Cash at bank and in hand | 54/58 | €319,330 | €209,836 | -€109,494 | -34.3% |
| Deferred charges and accrued income | 490/1 | €12,630 | €13,813 | +€1,183 | +9.4% |
| Total equity and liabilities | 10/49 | €1,318,035 | €1,266,450 | -€51,585 | -3.9% |
| Equity | 10/15 | €249,816 | €259,152 | +€9,336 | +3.7% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €2,060 | €2,060 | = | 0.0% |
| Distributable reserves | 133 | €2,060 | €2,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,756 | €137,092 | +€9,336 | +7.3% |
| Amounts payable | 17/49 | €1,068,219 | €1,007,297 | -€60,921 | -5.7% |
| Amounts payable after more than one year | 17 | €321,261 | €194,675 | -€126,587 | -39.4% |
| Financial debts | 170/4 | €321,261 | €194,675 | -€126,587 | -39.4% |
| Amounts payable within one year | 42/48 | €746,957 | €812,490 | +€65,533 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €153,640 | €126,801 | -€26,840 | -17.5% |
| Trade debts | 44 | €159,650 | €209,940 | +€50,290 | +31.5% |
| Suppliers | 440/4 | €159,650 | €209,940 | +€50,290 | +31.5% |
| Advances received on contracts in progress | 46 | €333,675 | €329,121 | -€4,554 | -1.4% |
| Taxes, remuneration and social security | 45 | €95,523 | €138,376 | +€42,853 | +44.9% |
| Taxes | 450/3 | €62,970 | €80,202 | +€17,232 | +27.4% |
| Remuneration and social security | 454/9 | €32,553 | €58,174 | +€25,621 | +78.7% |
| Other amounts payable | 47/48 | €4,469 | €8,252 | +€3,783 | +84.7% |
| Accrued charges and deferred income | 492/3 | - | €133 | +€133 | |
| Non-recurring operating income | 76A | €732 | €751 | +€19 | +2.6% |
| Remuneration, social security and pensions | 62 | €332,642 | €327,662 | -€4,981 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,745 | €105,599 | +€26,853 | +34.1% |
| Other operating charges | 640/8 | €13,491 | €2,870 | -€10,621 | -78.7% |
| Non-recurring operating charges | 66A | €2,801 | €1,361 | -€1,439 | -51.4% |
| Gross operating margin | 9900 | €442,324 | €474,218 | +€31,893 | +7.2% |
| Operating profit (loss) | 9901 | €14,645 | €36,726 | +€22,081 | +151% |
| Financial income | 75/76B | €2,649 | €2,842 | +€192 | +7.3% |
| Recurring financial income | 75 | €2,649 | €2,842 | +€192 | +7.3% |
| Financial charges | 65/66B | €18,372 | €20,939 | +€2,567 | +14.0% |
| Recurring financial charges | 65 | €18,372 | €20,939 | +€2,567 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,078 | €18,628 | +€19,706 | |
| Income taxes | 67/77 | €8,613 | €9,292 | +€679 | +7.9% |
| Profit (loss) for the period | 9904 | -€9,691 | €9,336 | +€19,027 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,691 | €9,336 | +€19,027 |
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 17 October 2026 via checked.be.