LES AROLES: 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.
LES AROLES
Largest movements
- Current investments +€100,000
up €100,000 (+66.7%), from €150,000 to €250,000
- Cash +€44,837
up €44,837 (+22.2%), from €201,739 to €246,576
mainly Net result for the year (+€121,995) and Other debts (+€92,060)
- Tangible fixed assets -€17,669
down €17,669 (-7.8%), from €227,325 to €209,656
of which Furniture and vehicles: -€14,768
- Other debts +€92,060
up €92,060 (+243%), from €37,960 to €130,019
- Reserves +€16,995
up €16,995 (+3.0%), from €557,705 to €574,700
- Tax, wage and social debts +€13,636
up €13,636 (+137%), from €9,952 to €23,588
of which Taxes: +€15,026
- Gross operating margin +€37,187
up €37,187 (+22.0%), from €169,293 to €206,480
- Taxes +€13,141
up €13,141 (+34.6%), from €38,021 to €51,161
- Financial income +€4,649
up €4,649 (+654,830%), from €1 to €4,650
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €629,675 | €751,951 | +€122,276 | +19.4% |
| Fixed assets | 21/28 | €227,325 | €209,656 | -€17,669 | -7.8% |
| Tangible fixed assets | 22/27 | €227,325 | €209,656 | -€17,669 | -7.8% |
| Land and buildings | 22 | €200,000 | €200,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €12,557 | €9,656 | -€2,901 | -23.1% |
| Furniture and vehicles | 24 | €14,768 | - | -€14,768 | |
| Current assets | 29/58 | €402,350 | €542,295 | +€139,945 | +34.8% |
| Amounts receivable within one year | 40/41 | €1,980 | €17 | -€1,963 | -99.1% |
| Other amounts receivable | 41 | €1,980 | €17 | -€1,963 | -99.1% |
| Current investments | 50/53 | €150,000 | €250,000 | +€100,000 | +66.7% |
| Cash at bank and in hand | 54/58 | €201,739 | €246,576 | +€44,837 | +22.2% |
| Deferred charges and accrued income | 490/1 | €48,631 | €45,701 | -€2,930 | -6.0% |
| Total equity and liabilities | 10/49 | €629,675 | €751,951 | +€122,276 | +19.4% |
| Equity | 10/15 | €578,156 | €595,151 | +€16,995 | +2.9% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €557,705 | €574,700 | +€16,995 | +3.0% |
| Distributable reserves | 133 | €557,705 | €574,700 | +€16,995 | +3.0% |
| Amounts payable | 17/49 | €51,519 | €156,800 | +€105,281 | +204% |
| Amounts payable within one year | 42/48 | €50,844 | €156,755 | +€105,911 | +208% |
| Trade debts | 44 | €2,933 | €3,148 | +€216 | +7.3% |
| Suppliers | 440/4 | €2,933 | €3,148 | +€216 | +7.3% |
| Taxes, remuneration and social security | 45 | €9,952 | €23,588 | +€13,636 | +137% |
| Taxes | 450/3 | €5,491 | €20,516 | +€15,026 | +274% |
| Remuneration and social security | 454/9 | €4,461 | €3,072 | -€1,390 | -31.2% |
| Other amounts payable | 47/48 | €37,960 | €130,019 | +€92,060 | +243% |
| Accrued charges and deferred income | 492/3 | €675 | €45 | -€630 | -93.3% |
| Remuneration, social security and pensions | 62 | €18,145 | €17,194 | -€952 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,283 | €17,669 | +€386 | +2.2% |
| Other operating charges | 640/8 | €2,189 | €2,379 | +€190 | +8.7% |
| Gross operating margin | 9900 | €169,293 | €206,480 | +€37,187 | +22.0% |
| Operating profit (loss) | 9901 | €131,677 | €169,238 | +€37,562 | +28.5% |
| Financial income | 75/76B | €1 | €4,650 | +€4,649 | +654,830% |
| Recurring financial income | 75 | €1 | €4,650 | +€4,649 | +654,830% |
| Financial charges | 65/66B | €931 | €732 | -€199 | -21.3% |
| Recurring financial charges | 65 | €931 | €732 | -€199 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €130,747 | €173,156 | +€42,410 | +32.4% |
| Income taxes | 67/77 | €38,021 | €51,161 | +€13,141 | +34.6% |
| Profit (loss) for the period | 9904 | €92,726 | €121,995 | +€29,269 | +31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €92,726 | €121,995 | +€29,269 | +31.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.