Dr. Aimée Arits: 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.
Dr. Aimée Arits
Largest movements
- Receivables within one year +€12,241
up €12,241 (+49.8%), from €24,566 to €36,807
of which Other amounts receivable: +€11,109
- Intangible fixed assets -€8,400
down €8,400 (-26.8%), from €31,368 to €22,968
- Cash +€2,539
up €2,539 (+24.9%), from €10,206 to €12,746
mainly Net result for the year (+€16,674) and Depreciation (+€8,819)
- Tangible fixed assets +€981
up €981 (+164%), from €598 to €1,579
of which Plant, machinery and equipment: +€1,179
- Reserves +€16,674
up €16,674 (+45.9%), from €36,314 to €52,989
- Current portion of long-term debt -€5,988
down €5,988 (-58.0%), from €10,333 to €4,345
- Debts after one year -€4,345
down €4,345 (-100%), from €4,345 to €0
- Tax, wage and social debts +€1,599
up €1,599 (+34.8%), from €4,593 to €6,192
- Trade debts -€1,375
down €1,375 (-42.7%), from €3,220 to €1,845
- Gross operating margin +€12,541
up €12,541 (+59.8%), from €20,980 to €33,521
- Financial income +€922
up €922 (+179%), from €514 to €1,437
- Taxes -€690
down €690 (-9.5%), from €7,287 to €6,598
- Financial charges -€449
down €449 (-17.3%), from €2,595 to €2,146
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 | €71,236 | €77,832 | +€6,596 | +9.3% |
| Fixed assets | 21/28 | €31,966 | €24,546 | -€7,419 | -23.2% |
| Intangible fixed assets | 21 | €31,368 | €22,968 | -€8,400 | -26.8% |
| Tangible fixed assets | 22/27 | €598 | €1,579 | +€981 | +164% |
| Plant, machinery and equipment | 23 | - | €1,179 | +€1,179 | |
| Furniture and vehicles | 24 | €598 | €400 | -€198 | -33.1% |
| Current assets | 29/58 | €39,271 | €53,286 | +€14,015 | +35.7% |
| Amounts receivable within one year | 40/41 | €24,566 | €36,807 | +€12,241 | +49.8% |
| Trade receivables | 40 | €3,788 | €4,919 | +€1,132 | +29.9% |
| Other amounts receivable | 41 | €20,779 | €31,887 | +€11,109 | +53.5% |
| Cash at bank and in hand | 54/58 | €10,206 | €12,746 | +€2,539 | +24.9% |
| Deferred charges and accrued income | 490/1 | €4,498 | €3,733 | -€765 | -17.0% |
| Total equity and liabilities | 10/49 | €71,236 | €77,832 | +€6,596 | +9.3% |
| Equity | 10/15 | €48,714 | €65,389 | +€16,674 | +34.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €36,314 | €52,989 | +€16,674 | +45.9% |
| Distributable reserves | 133 | €36,314 | €52,989 | +€16,674 | +45.9% |
| Amounts payable | 17/49 | €22,522 | €12,444 | -€10,079 | -44.7% |
| Amounts payable after more than one year | 17 | €4,345 | €0 | -€4,345 | -100% |
| Financial debts | 170/4 | €4,345 | €0 | -€4,345 | -100% |
| Amounts payable within one year | 42/48 | €18,178 | €12,444 | -€5,734 | -31.5% |
| Current portion of amounts payable after more than one year | 42 | €10,333 | €4,345 | -€5,988 | -58.0% |
| Financial debts | 43 | €31 | €62 | +€31 | +100% |
| Credit institutions | 430/8 | €31 | €62 | +€31 | +100% |
| Trade debts | 44 | €3,220 | €1,845 | -€1,375 | -42.7% |
| Suppliers | 440/4 | €3,220 | €1,845 | -€1,375 | -42.7% |
| Taxes, remuneration and social security | 45 | €4,593 | €6,192 | +€1,599 | +34.8% |
| Taxes | 450/3 | €4,593 | €6,192 | +€1,599 | +34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,926 | €8,819 | -€107 | -1.2% |
| Other operating charges | 640/8 | €711 | €720 | +€9 | +1.3% |
| Gross operating margin | 9900 | €20,980 | €33,521 | +€12,541 | +59.8% |
| Operating profit (loss) | 9901 | €11,343 | €23,982 | +€12,638 | +111% |
| Financial income | 75/76B | €514 | €1,437 | +€922 | +179% |
| Recurring financial income | 75 | €514 | €1,437 | +€922 | +179% |
| Financial charges | 65/66B | €2,595 | €2,146 | -€449 | -17.3% |
| Recurring financial charges | 65 | €2,595 | €2,146 | -€449 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €9,262 | €23,272 | +€14,009 | +151% |
| Income taxes | 67/77 | €7,287 | €6,598 | -€690 | -9.5% |
| Profit (loss) for the period | 9904 | €1,975 | €16,674 | +€14,699 | +744% |
| Profit (loss) for the period to be appropriated | 9905 | €1,975 | €16,674 | +€14,699 | +744% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.