Arin Invest: 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.
Arin Invest
Largest movements
- Financial fixed assets -€520,088
no longer reported in 2025 (was €520,088)
- Intangible fixed assets +€243,133
new in 2025: €243,133
- Tangible fixed assets +€223,703
new in 2025: €223,703
- Receivables within one year -€160,999
down €160,999 (-94.8%), from €169,814 to €8,815
of which Other amounts receivable: -€167,478
- Other debts -€167,743
down €167,743 (-40.6%), from €413,379 to €245,636
- Debts after one year -€70,551
down €70,551 (-57.1%), from €123,498 to €52,947
- Profit (loss) carried forward -€31,773
down €31,773 (-13.0%), from -€243,601 to -€275,373
- Short-term financial debts +€25,195
new in 2025: €25,195
- Reserves +€20,896
new in 2025: €20,896
- Depreciation +€72,790
new in 2025: €72,790
- Gross operating margin +€65,023
up €65,023, from -€6,718 to €58,304
- Financial charges +€4,365
up €4,365 (+34.3%), from €12,722 to €17,087
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 | €689,990 | €475,651 | -€214,339 | -31.1% |
| Fixed assets | 21/28 | €520,088 | €466,837 | -€53,252 | -10.2% |
| Intangible fixed assets | 21 | - | €243,133 | +€243,133 | |
| Tangible fixed assets | 22/27 | - | €223,703 | +€223,703 | |
| Land and buildings | 22 | - | €223,703 | +€223,703 | |
| Financial fixed assets | 28 | €520,088 | - | -€520,088 | |
| Current assets | 29/58 | €169,902 | €8,815 | -€161,087 | -94.8% |
| Amounts receivable within one year | 40/41 | €169,814 | €8,815 | -€160,999 | -94.8% |
| Trade receivables | 40 | - | €6,479 | +€6,479 | |
| Other amounts receivable | 41 | €169,814 | €2,336 | -€167,478 | -98.6% |
| Cash at bank and in hand | 54/58 | €88 | - | -€88 | |
| Total equity and liabilities | 10/49 | €689,990 | €475,651 | -€214,339 | -31.1% |
| Equity | 10/15 | €86,399 | €83,223 | -€3,176 | -3.7% |
| Contributions | 10/11 | €330,000 | €337,700 | +€7,700 | +2.3% |
| Capital | 10 | €330,000 | €337,700 | +€7,700 | +2.3% |
| Issued capital | 100 | €330,000 | €337,700 | +€7,700 | +2.3% |
| Reserves | 13 | - | €20,896 | +€20,896 | |
| Distributable reserves | 133 | - | €20,896 | +€20,896 | |
| Profit (loss) carried forward | 14 | -€243,601 | -€275,373 | -€31,773 | -13.0% |
| Amounts payable | 17/49 | €603,591 | €392,428 | -€211,163 | -35.0% |
| Amounts payable after more than one year | 17 | €123,498 | €52,947 | -€70,551 | -57.1% |
| Financial debts | 170/4 | €123,498 | €52,947 | -€70,551 | -57.1% |
| Amounts payable within one year | 42/48 | €479,740 | €339,481 | -€140,259 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €62,028 | €60,519 | -€1,509 | -2.4% |
| Financial debts | 43 | - | €25,195 | +€25,195 | |
| Credit institutions | 430/8 | - | €25,195 | +€25,195 | |
| Trade debts | 44 | €4,333 | €8,131 | +€3,798 | +87.7% |
| Suppliers | 440/4 | €4,333 | €8,131 | +€3,798 | +87.7% |
| Other amounts payable | 47/48 | €413,379 | €245,636 | -€167,743 | -40.6% |
| Accrued charges and deferred income | 492/3 | €353 | - | -€353 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €72,790 | +€72,790 | |
| Other operating charges | 640/8 | €818 | €730 | -€88 | -10.8% |
| Gross operating margin | 9900 | -€6,718 | €58,304 | +€65,023 | |
| Operating profit (loss) | 9901 | -€7,536 | -€15,215 | -€7,679 | -102% |
| Financial income | 75/76B | €1,041 | €529 | -€511 | -49.1% |
| Recurring financial income | 75 | €1,041 | €529 | -€511 | -49.1% |
| Financial charges | 65/66B | €12,722 | €17,087 | +€4,365 | +34.3% |
| Recurring financial charges | 65 | €12,722 | €17,087 | +€4,365 | +34.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,218 | -€31,773 | -€12,555 | -65.3% |
| Profit (loss) for the period | 9904 | -€19,218 | -€31,773 | -€12,555 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,218 | -€31,773 | -€12,555 | -65.3% |
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 1 November 2026 via checked.be.