ARYSTO: 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.
ARYSTO
Largest movements
- Tangible fixed assets -€14,752
down €14,752 (-8.9%), from €165,165 to €150,413
of which Land and buildings: -€14,752
- Intangible fixed assets -€6,923
down €6,923 (-8.3%), from €83,073 to €76,151
- Profit (loss) carried forward -€25,998
down €25,998 (-35.3%), from -€73,741 to -€99,740
- Other debts +€20,631
up €20,631 (+448%), from €4,608 to €25,239
- Short-term financial debts -€11,701
down €11,701 (-95.3%), from €12,278 to €577
- Current portion of long-term debt +€9,396
up €9,396 (+82.8%), from €11,345 to €20,741
- Debts after one year -€8,731
down €8,731 (-22.8%), from €38,305 to €29,574
of which Financial debts: -€11,771
- Gross operating margin -€60,619
down €60,619 (-95.2%), from €63,662 to €3,043
- Financial charges -€10,033
down €10,033 (-82.2%), from €12,201 to €2,169
- Other operating charges -€6,599
down €6,599 (-55.9%), from €11,796 to €5,197
- Depreciation -€754
down €754 (-3.4%), from €22,429 to €21,675
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 | €249,453 | €227,564 | -€21,889 | -8.8% |
| Fixed assets | 21/28 | €248,239 | €226,564 | -€21,675 | -8.7% |
| Intangible fixed assets | 21 | €83,073 | €76,151 | -€6,923 | -8.3% |
| Tangible fixed assets | 22/27 | €165,165 | €150,413 | -€14,752 | -8.9% |
| Land and buildings | 22 | €146,415 | €131,663 | -€14,752 | -10.1% |
| Other tangible fixed assets | 26 | €18,750 | €18,750 | -€0 | 0.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,214 | €1,000 | -€214 | -17.6% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €944 | €1,000 | +€56 | +5.9% |
| Deferred charges and accrued income | 490/1 | €270 | €0 | -€270 | -100% |
| Total equity and liabilities | 10/49 | €249,453 | €227,564 | -€21,889 | -8.8% |
| Equity | 10/15 | €160,622 | €134,624 | -€25,998 | -16.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €172,864 | €172,864 | = | 0.0% |
| Tax-exempt reserves | 132 | €172,864 | €172,864 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,741 | -€99,740 | -€25,998 | -35.3% |
| Amounts payable | 17/49 | €88,831 | €92,940 | +€4,109 | +4.6% |
| Amounts payable after more than one year | 17 | €38,305 | €29,574 | -€8,731 | -22.8% |
| Financial debts | 170/4 | €36,655 | €24,884 | -€11,771 | -32.1% |
| Other amounts payable | 178/9 | €1,650 | €4,690 | +€3,040 | +184% |
| Amounts payable within one year | 42/48 | €50,526 | €63,366 | +€12,840 | +25.4% |
| Current portion of amounts payable after more than one year | 42 | €11,345 | €20,741 | +€9,396 | +82.8% |
| Financial debts | 43 | €12,278 | €577 | -€11,701 | -95.3% |
| Credit institutions | 430/8 | €12,278 | €577 | -€11,701 | -95.3% |
| Trade debts | 44 | €21,320 | €15,203 | -€6,117 | -28.7% |
| Suppliers | 440/4 | €21,320 | €15,203 | -€6,117 | -28.7% |
| Taxes, remuneration and social security | 45 | €975 | €1,606 | +€631 | +64.8% |
| Taxes | 450/3 | €975 | €1,606 | +€631 | +64.8% |
| Other amounts payable | 47/48 | €4,608 | €25,239 | +€20,631 | +448% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €105,409 | - | -€105,409 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,429 | €21,675 | -€754 | -3.4% |
| Other operating charges | 640/8 | €11,796 | €5,197 | -€6,599 | -55.9% |
| Gross operating margin | 9900 | €63,662 | €3,043 | -€60,619 | -95.2% |
| Operating profit (loss) | 9901 | €29,437 | -€23,829 | -€53,266 | |
| Financial income | 75/76B | €14 | €0 | -€14 | -99.4% |
| Recurring financial income | 75 | €14 | €0 | -€14 | -99.4% |
| Financial charges | 65/66B | €12,201 | €2,169 | -€10,033 | -82.2% |
| Recurring financial charges | 65 | €12,201 | €2,169 | -€10,033 | -82.2% |
| Profit (loss) for the period before taxes | 9903 | €17,250 | -€25,998 | -€43,248 | |
| Transfer from deferred taxes | 780 | €0 | €0 | = | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €17,250 | -€25,998 | -€43,248 | |
| Transfer from tax-exempt reserves | 789 | €55,598 | - | -€55,598 | |
| Transfer to tax-exempt reserves | 689 | €105,409 | - | -€105,409 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,561 | -€25,998 | +€6,563 | +20.2% |
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 29 October 2026 via checked.be.