ARENA INOS: 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.
ARENA INOS
Largest movements
- Receivables within one year -€256,997
down €256,997 (-28.7%), from €896,059 to €639,062
of which Other amounts receivable: -€233,667
- Other debts -€233,675
down €233,675 (-99.2%), from €235,475 to €1,800
- Tax, wage and social debts -€15,290
no longer reported in 2025 (was €15,290)
- Gross operating margin -€71,294
down €71,294, from €70,200 to -€1,094
- Write-downs -€32,403
no longer reported in 2025 (was €32,403)
- Financial charges -€5,314
down €5,314 (-58.5%), from €9,080 to €3,766
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 | €909,686 | €654,822 | -€254,864 | -28.0% |
| Current assets | 29/58 | €909,686 | €654,822 | -€254,864 | -28.0% |
| Amounts receivable within one year | 40/41 | €896,059 | €639,062 | -€256,997 | -28.7% |
| Trade receivables | 40 | €83,830 | €60,500 | -€23,330 | -27.8% |
| Other amounts receivable | 41 | €812,229 | €578,562 | -€233,667 | -28.8% |
| Cash at bank and in hand | 54/58 | €13,627 | €15,760 | +€2,133 | +15.7% |
| Total equity and liabilities | 10/49 | €909,686 | €654,822 | -€254,864 | -28.0% |
| Equity | 10/15 | €33,570 | €27,701 | -€5,869 | -17.5% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €5,910 | €5,910 | = | 0.0% |
| Distributable reserves | 133 | €5,910 | €5,910 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,940 | -€46,809 | -€5,869 | -14.3% |
| Amounts payable | 17/49 | €876,116 | €627,121 | -€248,995 | -28.4% |
| Amounts payable after more than one year | 17 | €90,800 | €90,800 | = | 0.0% |
| Financial debts | 170/4 | €90,800 | €90,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €785,316 | €535,322 | -€249,994 | -31.8% |
| Trade debts | 44 | €422,051 | €421,022 | -€1,029 | -0.2% |
| Suppliers | 440/4 | €422,051 | €421,022 | -€1,029 | -0.2% |
| Advances received on contracts in progress | 46 | €112,500 | €112,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €15,290 | - | -€15,290 | |
| Taxes | 450/3 | €15,290 | - | -€15,290 | |
| Other amounts payable | 47/48 | €235,475 | €1,800 | -€233,675 | -99.2% |
| Accrued charges and deferred income | 492/3 | - | €998 | +€998 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,403 | - | -€32,403 | |
| Other operating charges | 640/8 | €1,327 | €1,081 | -€246 | -18.5% |
| Gross operating margin | 9900 | €70,200 | -€1,094 | -€71,294 | |
| Operating profit (loss) | 9901 | €36,470 | -€2,175 | -€38,645 | |
| Financial income | 75/76B | - | €72 | +€72 | |
| Recurring financial income | 75 | - | €72 | +€72 | |
| Financial charges | 65/66B | €9,080 | €3,766 | -€5,314 | -58.5% |
| Recurring financial charges | 65 | €9,080 | €3,766 | -€5,314 | -58.5% |
| Profit (loss) for the period before taxes | 9903 | €27,390 | -€5,869 | -€33,259 | |
| Profit (loss) for the period | 9904 | €27,390 | -€5,869 | -€33,259 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,390 | -€5,869 | -€33,259 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.