ARAUNO: 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.
ARAUNO
Largest movements
- Tangible fixed assets -€46,141
down €46,141 (-2.9%), from €1.6m to €1.5m
- Receivables within one year +€16,556
up €16,556 (+27.5%), from €60,118 to €76,674
of which Other amounts receivable: +€25,885
- Debts after one year -€77,022
down €77,022 (-4.9%), from €1.6m to €1.5m
- Profit (loss) carried forward +€38,692
up €38,692 (+35.1%), from -€110,235 to -€71,543
- Financial charges -€14,298
down €14,298 (-29.2%), from €49,011 to €34,713
- Gross operating margin +€4,673
up €4,673 (+3.5%), from €131,680 to €136,353
- Taxes -€1,856
no longer reported in 2025 (was €1,856)
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 | €1,649,824 | €1,619,840 | -€29,984 | -1.8% |
| Fixed assets | 21/28 | €1,572,024 | €1,525,882 | -€46,141 | -2.9% |
| Tangible fixed assets | 22/27 | €1,572,024 | €1,525,882 | -€46,141 | -2.9% |
| Land and buildings | 22 | €1,572,024 | €1,525,882 | -€46,141 | -2.9% |
| Current assets | 29/58 | €77,800 | €93,958 | +€16,157 | +20.8% |
| Amounts receivable within one year | 40/41 | €60,118 | €76,674 | +€16,556 | +27.5% |
| Trade receivables | 40 | €16,212 | €6,883 | -€9,329 | -57.5% |
| Other amounts receivable | 41 | €43,905 | €69,791 | +€25,885 | +59.0% |
| Cash at bank and in hand | 54/58 | €17,479 | €17,073 | -€405 | -2.3% |
| Deferred charges and accrued income | 490/1 | €204 | €211 | +€7 | +3.3% |
| Total equity and liabilities | 10/49 | €1,649,824 | €1,619,840 | -€29,984 | -1.8% |
| Equity | 10/15 | -€55,990 | -€17,298 | +€38,692 | +69.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €48,045 | €48,045 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €46,185 | €46,185 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,235 | -€71,543 | +€38,692 | +35.1% |
| Amounts payable | 17/49 | €1,705,814 | €1,637,138 | -€68,676 | -4.0% |
| Amounts payable after more than one year | 17 | €1,570,855 | €1,493,833 | -€77,022 | -4.9% |
| Financial debts | 170/4 | €1,570,855 | €1,493,833 | -€77,022 | -4.9% |
| Amounts payable within one year | 42/48 | €117,534 | €128,880 | +€11,346 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €75,528 | €77,022 | +€1,494 | +2.0% |
| Trade debts | 44 | €1,509 | €1,067 | -€442 | -29.3% |
| Suppliers | 440/4 | €1,509 | €1,067 | -€442 | -29.3% |
| Taxes, remuneration and social security | 45 | €1,856 | €1,856 | = | 0.0% |
| Taxes | 450/3 | €1,856 | €1,856 | = | 0.0% |
| Other amounts payable | 47/48 | €38,640 | €48,935 | +€10,295 | +26.6% |
| Accrued charges and deferred income | 492/3 | €17,425 | €14,425 | -€3,000 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,466 | €56,023 | +€558 | +1.0% |
| Other operating charges | 640/8 | €7,013 | €7,134 | +€121 | +1.7% |
| Gross operating margin | 9900 | €131,680 | €136,353 | +€4,673 | +3.5% |
| Operating profit (loss) | 9901 | €69,201 | €73,195 | +€3,994 | +5.8% |
| Financial income | 75/76B | €229 | €210 | -€19 | -8.3% |
| Recurring financial income | 75 | €229 | €210 | -€19 | -8.3% |
| Financial charges | 65/66B | €49,011 | €34,713 | -€14,298 | -29.2% |
| Recurring financial charges | 65 | €49,011 | €34,713 | -€14,298 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €20,420 | €38,692 | +€18,272 | +89.5% |
| Income taxes | 67/77 | €1,856 | - | -€1,856 | |
| Profit (loss) for the period | 9904 | €18,563 | €38,692 | +€20,129 | +108.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,563 | €38,692 | +€20,129 | +108.4% |
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 5 October 2026 via checked.be.