L'ARIAM: 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.
L'ARIAM
Largest movements
- Cash +€8,482
up €8,482 (+214%), from €3,970 to €12,452
mainly Net result for the year (+€38,777) and Receivables within one year (+€5,595)
- Receivables within one year -€5,595
down €5,595 (-12.0%), from €46,745 to €41,149
of which Trade receivables: -€6,862
- Deferred charges and accrued income +€1,647
new in 2025: €1,647
- Other debts +€3,102
up €3,102 (+7.5%), from €41,259 to €44,361
- Tax, wage and social debts +€1,368
up €1,368 (+17.3%), from €7,923 to €9,291
of which Taxes: +€1,368
- Gross operating margin -€2,488
down €2,488 (-4.5%), from €55,113 to €52,625
- Taxes -€622
down €622 (-4.5%), from €13,855 to €13,233
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 | €50,715 | €55,249 | +€4,535 | +8.9% |
| Current assets | 29/58 | €50,715 | €55,249 | +€4,535 | +8.9% |
| Amounts receivable within one year | 40/41 | €46,745 | €41,149 | -€5,595 | -12.0% |
| Trade receivables | 40 | €46,745 | €39,883 | -€6,862 | -14.7% |
| Other amounts receivable | 41 | - | €1,267 | +€1,267 | |
| Cash at bank and in hand | 54/58 | €3,970 | €12,452 | +€8,482 | +214% |
| Deferred charges and accrued income | 490/1 | - | €1,647 | +€1,647 | |
| Total equity and liabilities | 10/49 | €50,715 | €55,249 | +€4,535 | +8.9% |
| Equity | 10/15 | €600 | €600 | = | 0.0% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Amounts payable | 17/49 | €50,115 | €54,649 | +€4,535 | +9.0% |
| Amounts payable within one year | 42/48 | €50,115 | €54,649 | +€4,535 | +9.0% |
| Trade debts | 44 | €932 | €997 | +€65 | +7.0% |
| Suppliers | 440/4 | €932 | €997 | +€65 | +7.0% |
| Taxes, remuneration and social security | 45 | €7,923 | €9,291 | +€1,368 | +17.3% |
| Taxes | 450/3 | €5,979 | €7,347 | +€1,368 | +22.9% |
| Remuneration and social security | 454/9 | €1,944 | €1,944 | = | 0.0% |
| Other amounts payable | 47/48 | €41,259 | €44,361 | +€3,102 | +7.5% |
| Other operating charges | 640/8 | - | €392 | +€392 | |
| Gross operating margin | 9900 | €55,113 | €52,625 | -€2,488 | -4.5% |
| Operating profit (loss) | 9901 | €55,113 | €52,234 | -€2,879 | -5.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €192 | €223 | +€31 | +15.9% |
| Recurring financial charges | 65 | €192 | €223 | +€31 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €54,920 | €52,010 | -€2,910 | -5.3% |
| Income taxes | 67/77 | €13,855 | €13,233 | -€622 | -4.5% |
| Profit (loss) for the period | 9904 | €41,065 | €38,777 | -€2,288 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,065 | €38,777 | -€2,288 | -5.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.