ARAPOULAYOU: 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.
ARAPOULAYOU
Largest movements
- Tangible fixed assets +€332,374
up €332,374 (+41.0%), from €811,076 to €1.1m
of which Land and buildings: +€366,344
- Receivables within one year -€105,778
down €105,778 (-13.0%), from €811,644 to €705,866
of which Other amounts receivable: -€75,952
- Short-term financial debts +€276,334
new in 2025: €276,334
- Other debts -€49,841
no longer reported in 2025 (was €49,841)
- Trade debts -€21,137
down €21,137 (-48.5%), from €43,597 to €22,459
- Gross operating margin +€18,777
up €18,777 (+2,429%), from €773 to €19,550
- Financial income +€16,992
up €16,992 (+49.8%), from €34,149 to €51,141
- Taxes +€11,889
up €11,889, from -€11,689 to €200
- Financial charges +€8,126
up €8,126 (+2,262%), from €359 to €8,485
of which Non-recurring financial charges: +€8,175
- Depreciation +€4,892
up €4,892 (+13.0%), from €37,514 to €42,407
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 | €1,674,038 | €1,893,423 | +€219,385 | +13.1% |
| Fixed assets | 21/28 | €811,076 | €1,143,450 | +€332,374 | +41.0% |
| Tangible fixed assets | 22/27 | €811,076 | €1,143,450 | +€332,374 | +41.0% |
| Land and buildings | 22 | €717,673 | €1,084,017 | +€366,344 | +51.0% |
| Furniture and vehicles | 24 | €93,403 | €59,433 | -€33,970 | -36.4% |
| Current assets | 29/58 | €862,962 | €749,972 | -€112,990 | -13.1% |
| Amounts receivable within one year | 40/41 | €811,644 | €705,866 | -€105,778 | -13.0% |
| Trade receivables | 40 | €59,000 | €29,174 | -€29,826 | -50.6% |
| Other amounts receivable | 41 | €752,644 | €676,692 | -€75,952 | -10.1% |
| Current investments | 50/53 | €38,607 | €38,607 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,711 | €5,500 | -€7,212 | -56.7% |
| Total equity and liabilities | 10/49 | €1,674,038 | €1,893,423 | +€219,385 | +13.1% |
| Equity | 10/15 | €1,580,600 | €1,594,629 | +€14,029 | +0.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | €18,550 | €18,550 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €120,000 | €120,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €120,000 | €120,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,442,050 | €1,456,079 | +€14,029 | +1.0% |
| Amounts payable | 17/49 | €93,438 | €298,793 | +€205,356 | +220% |
| Amounts payable within one year | 42/48 | €93,438 | €298,793 | +€205,356 | +220% |
| Financial debts | 43 | - | €276,334 | +€276,334 | |
| Credit institutions | 430/8 | - | €276,334 | +€276,334 | |
| Trade debts | 44 | €43,597 | €22,459 | -€21,137 | -48.5% |
| Suppliers | 440/4 | €43,597 | €22,459 | -€21,137 | -48.5% |
| Other amounts payable | 47/48 | €49,841 | - | -€49,841 | |
| Non-recurring operating income | 76A | - | €620 | +€620 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,514 | €42,407 | +€4,892 | +13.0% |
| Other operating charges | 640/8 | €7,973 | €5,571 | -€2,403 | -30.1% |
| Gross operating margin | 9900 | €773 | €19,550 | +€18,777 | +2,429% |
| Operating profit (loss) | 9901 | -€44,715 | -€28,427 | +€16,288 | +36.4% |
| Financial income | 75/76B | €34,149 | €51,141 | +€16,992 | +49.8% |
| Recurring financial income | 75 | €34,149 | €51,141 | +€16,992 | +49.8% |
| Financial charges | 65/66B | €359 | €8,485 | +€8,126 | +2,262% |
| Recurring financial charges | 65 | €359 | €310 | -€49 | -13.7% |
| Non-recurring financial charges | 66B | - | €8,175 | +€8,175 | |
| Profit (loss) for the period before taxes | 9903 | -€10,925 | €14,229 | +€25,154 | |
| Income taxes | 67/77 | -€11,689 | €200 | +€11,889 | |
| Profit (loss) for the period | 9904 | €764 | €14,029 | +€13,265 | +1,736% |
| Profit (loss) for the period to be appropriated | 9905 | €764 | €14,029 | +€13,265 | +1,736% |
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 30 October 2026 via checked.be.