ARIMMO: 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.
ARIMMO
Largest movements
- Tangible fixed assets -€72,495
down €72,495 (-4.4%), from €1.7m to €1.6m
of which Land and buildings: -€77,935
- Debts after one year -€36,700
down €36,700 (-9.0%), from €405,833 to €369,133
- Trade debts -€24,432
down €24,432 (-80.0%), from €30,536 to €6,104
- Gross operating margin +€12,337
up €12,337 (+12.8%), from €96,035 to €108,372
- Depreciation +€5,737
up €5,737 (+7.0%), from €82,305 to €88,042
- Other operating charges +€2,641
up €2,641 (+13.9%), from €19,025 to €21,666
- Financial charges +€2,440
up €2,440 (+22.3%), from €10,935 to €13,375
- Financial income +€1,266
up €1,266 (+39.7%), from €3,188 to €4,453
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 | €1,710,161 | €1,636,247 | -€73,915 | -4.3% |
| Fixed assets | 21/28 | €1,661,450 | €1,588,954 | -€72,495 | -4.4% |
| Tangible fixed assets | 22/27 | €1,661,450 | €1,588,954 | -€72,495 | -4.4% |
| Land and buildings | 22 | €1,629,068 | €1,551,133 | -€77,935 | -4.8% |
| Plant, machinery and equipment | 23 | €10,655 | €15,873 | +€5,218 | +49.0% |
| Furniture and vehicles | 24 | €21,727 | €21,949 | +€222 | +1.0% |
| Current assets | 29/58 | €48,712 | €47,293 | -€1,419 | -2.9% |
| Amounts receivable within one year | 40/41 | €31,423 | €28,141 | -€3,283 | -10.4% |
| Trade receivables | 40 | €12,317 | €19,435 | +€7,118 | +57.8% |
| Other amounts receivable | 41 | €19,106 | €8,705 | -€10,401 | -54.4% |
| Cash at bank and in hand | 54/58 | €14,995 | €16,625 | +€1,630 | +10.9% |
| Deferred charges and accrued income | 490/1 | €2,293 | €2,527 | +€233 | +10.2% |
| Total equity and liabilities | 10/49 | €1,710,161 | €1,636,247 | -€73,915 | -4.3% |
| Equity | 10/15 | €175,887 | €164,448 | -€11,438 | -6.5% |
| Contributions | 10/11 | €256,818 | €256,818 | = | 0.0% |
| Capital | 10 | €256,818 | €256,818 | = | 0.0% |
| Issued capital | 100 | €256,818 | €256,818 | = | 0.0% |
| Reserves | 13 | €16,302 | €16,302 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,100 | €1,100 | = | 0.0% |
| Legal reserve | 130 | €1,100 | €1,100 | = | 0.0% |
| Distributable reserves | 133 | €15,202 | €15,202 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,233 | -€108,671 | -€11,438 | -11.8% |
| Amounts payable | 17/49 | €1,534,275 | €1,471,798 | -€62,477 | -4.1% |
| Amounts payable after more than one year | 17 | €405,833 | €369,133 | -€36,700 | -9.0% |
| Financial debts | 170/4 | €405,833 | €369,133 | -€36,700 | -9.0% |
| Amounts payable within one year | 42/48 | €1,128,441 | €1,102,665 | -€25,777 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €36,700 | €36,700 | = | 0.0% |
| Trade debts | 44 | €30,536 | €6,104 | -€24,432 | -80.0% |
| Suppliers | 440/4 | €30,536 | €6,104 | -€24,432 | -80.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,061,205 | €1,059,861 | -€1,344 | -0.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,305 | €88,042 | +€5,737 | +7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,182 | +€1,182 | |
| Other operating charges | 640/8 | €19,025 | €21,666 | +€2,641 | +13.9% |
| Gross operating margin | 9900 | €96,035 | €108,372 | +€12,337 | +12.8% |
| Operating profit (loss) | 9901 | -€5,294 | -€2,517 | +€2,777 | +52.5% |
| Financial income | 75/76B | €3,188 | €4,453 | +€1,266 | +39.7% |
| Recurring financial income | 75 | €3,188 | €4,453 | +€1,266 | +39.7% |
| Financial charges | 65/66B | €10,935 | €13,375 | +€2,440 | +22.3% |
| Recurring financial charges | 65 | €10,935 | €13,375 | +€2,440 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,042 | -€11,438 | +€1,603 | +12.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€13,042 | -€11,438 | +€1,603 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,042 | -€11,438 | +€1,603 | +12.3% |
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 30 September 2026 via checked.be.