DE AREND: 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.
DE AREND
Largest movements
- Tangible fixed assets +€7,845
up €7,845 (+30.0%), from €26,125 to €33,970
- Cash -€4,373
down €4,373 (-90.4%), from €4,839 to €466
mainly Net result for the year (-€9,702) and Investment in fixed assets (net) (-€8,529)
- Stocks and contracts -€1,250
down €1,250 (-15.6%), from €8,000 to €6,750
- Other debts +€11,000
up €11,000 (+8.9%), from €123,965 to €134,965
- Profit (loss) carried forward -€9,702
down €9,702 (-8.3%), from -€116,525 to -€126,227
- Trade debts +€1,447
up €1,447, from €0 to €1,447
- Financial charges +€302
up €302 (+591.4%), from €51 to €353
- Depreciation +€239
up €239 (+53.7%), from €445 to €684
- Gross operating margin -€210
down €210 (-3.0%), from -€7,001 to -€7,211
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 | €39,219 | €41,743 | +€2,524 | +6.4% |
| Fixed assets | 21/28 | €26,125 | €33,970 | +€7,845 | +30.0% |
| Tangible fixed assets | 22/27 | €26,125 | €33,970 | +€7,845 | +30.0% |
| Land and buildings | 22 | €26,125 | €33,970 | +€7,845 | +30.0% |
| Current assets | 29/58 | €13,094 | €7,773 | -€5,321 | -40.6% |
| Stocks and contracts in progress | 3 | €8,000 | €6,750 | -€1,250 | -15.6% |
| Stocks | 30/36 | €8,000 | €6,750 | -€1,250 | -15.6% |
| Amounts receivable within one year | 40/41 | - | €294 | +€294 | |
| Other amounts receivable | 41 | - | €294 | +€294 | |
| Cash at bank and in hand | 54/58 | €4,839 | €466 | -€4,373 | -90.4% |
| Deferred charges and accrued income | 490/1 | €255 | €263 | +€8 | +3.0% |
| Total equity and liabilities | 10/49 | €39,219 | €41,743 | +€2,524 | +6.4% |
| Equity | 10/15 | -€84,967 | -€94,669 | -€9,702 | -11.4% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €571 | €571 | = | 0.0% |
| Non-distributable reserves | 130/1 | €571 | €571 | = | 0.0% |
| Reserves not available under the articles | 1311 | €571 | €571 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,525 | -€126,227 | -€9,702 | -8.3% |
| Amounts payable | 17/49 | €124,186 | €136,412 | +€12,226 | +9.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €123,965 | €136,412 | +€12,447 | +10.0% |
| Trade debts | 44 | €0 | €1,447 | +€1,447 | |
| Suppliers | 440/4 | €0 | €1,447 | +€1,447 | |
| Other amounts payable | 47/48 | €123,965 | €134,965 | +€11,000 | +8.9% |
| Accrued charges and deferred income | 492/3 | €221 | €0 | -€221 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €445 | €684 | +€239 | +53.7% |
| Other operating charges | 640/8 | €1,411 | €1,455 | +€44 | +3.1% |
| Gross operating margin | 9900 | -€7,001 | -€7,211 | -€210 | -3.0% |
| Operating profit (loss) | 9901 | -€8,857 | -€9,350 | -€493 | -5.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €51 | €353 | +€302 | +591.4% |
| Recurring financial charges | 65 | €51 | €353 | +€302 | +591.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,907 | -€9,702 | -€795 | -8.9% |
| Profit (loss) for the period | 9904 | -€8,907 | -€9,702 | -€795 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,907 | -€9,702 | -€795 | -8.9% |
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 30 September 2026 via checked.be.