ARINCO: 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.
ARINCO
Largest movements
- Current investments -€46,359
down €46,359 (-100.0%), from €46,359 to €0
- Cash -€18,329
down €18,329 (-39.8%), from €46,039 to €27,711
mainly Other debts (-€46,367) and Contributions, distributions and other (-€45,652)
- Tangible fixed assets -€15,576
down €15,576 (-44.5%), from €34,982 to €19,406
of which Furniture and vehicles: -€13,562
- Deferred charges and accrued income -€10,881
down €10,881 (-42.0%), from €25,889 to €15,008
- Receivables within one year +€9,043
up €9,043 (+54.5%), from €16,592 to €25,635
of which Other amounts receivable: +€9,981
- Other debts -€46,367
down €46,367 (-78.0%), from €59,438 to €13,071
- Reserves -€14,230
down €14,230 (-31.2%), from €45,652 to €31,423
of which Distributable reserves: -€14,230
- Current portion of long-term debt -€14,021
down €14,021 (-74.8%), from €18,737 to €4,716
- Tax, wage and social debts -€8,770
down €8,770 (-45.2%), from €19,384 to €10,614
- Short-term financial debts +€6,312
up €6,312 (+1108.9%), from €569 to €6,881
of which Credit institutions: +€6,312
- Gross operating margin -€27,305
down €27,305 (-29.4%), from €92,801 to €65,496
- Taxes -€10,069
down €10,069 (-54.0%), from €18,643 to €8,574
- Depreciation +€7,253
up €7,253 (+54.3%), from €13,350 to €20,604
- Financial income +€5,050
up €5,050 (+5700.0%), from €89 to €5,139
- Staff costs +€1,960
up €1,960 (+60.7%), from €3,230 to €5,190
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 | €169,861 | €87,760 | -€82,101 | -48.3% |
| Fixed assets | 21/28 | €34,982 | €19,406 | -€15,576 | -44.5% |
| Tangible fixed assets | 22/27 | €34,982 | €19,406 | -€15,576 | -44.5% |
| Plant, machinery and equipment | 23 | €4,459 | €3,108 | -€1,350 | -30.3% |
| Furniture and vehicles | 24 | €26,788 | €13,226 | -€13,562 | -50.6% |
| Other tangible fixed assets | 26 | €3,736 | €3,072 | -€663 | -17.8% |
| Current assets | 29/58 | €134,879 | €68,354 | -€66,525 | -49.3% |
| Amounts receivable within one year | 40/41 | €16,592 | €25,635 | +€9,043 | +54.5% |
| Trade receivables | 40 | €15,004 | €14,066 | -€938 | -6.3% |
| Other amounts receivable | 41 | €1,588 | €11,569 | +€9,981 | +628.4% |
| Current investments | 50/53 | €46,359 | €0 | -€46,359 | -100.0% |
| Cash at bank and in hand | 54/58 | €46,039 | €27,711 | -€18,329 | -39.8% |
| Deferred charges and accrued income | 490/1 | €25,889 | €15,008 | -€10,881 | -42.0% |
| Total equity and liabilities | 10/49 | €169,861 | €87,760 | -€82,101 | -48.3% |
| Equity | 10/15 | €58,052 | €43,823 | -€14,230 | -24.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €45,652 | €31,423 | -€14,230 | -31.2% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €45,652 | €31,423 | -€14,230 | -31.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €111,808 | €43,937 | -€67,871 | -60.7% |
| Amounts payable after more than one year | 17 | €4,716 | €0 | -€4,716 | -100.0% |
| Financial debts | 170/4 | €4,716 | €0 | -€4,716 | -100.0% |
| Amounts payable within one year | 42/48 | €107,093 | €43,937 | -€63,155 | -59.0% |
| Current portion of amounts payable after more than one year | 42 | €18,737 | €4,716 | -€14,021 | -74.8% |
| Financial debts | 43 | €569 | €6,881 | +€6,312 | +1108.9% |
| Credit institutions | 430/8 | €569 | €6,881 | +€6,312 | +1108.9% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €8,965 | €8,655 | -€309 | -3.5% |
| Suppliers | 440/4 | €8,965 | €8,655 | -€309 | -3.5% |
| Taxes, remuneration and social security | 45 | €19,384 | €10,614 | -€8,770 | -45.2% |
| Taxes | 450/3 | €19,384 | €10,614 | -€8,770 | -45.2% |
| Other amounts payable | 47/48 | €59,438 | €13,071 | -€46,367 | -78.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €3,230 | €5,190 | +€1,960 | +60.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,350 | €20,604 | +€7,253 | +54.3% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €1,321 | €0 | -€1,321 | -100.0% |
| Gross operating margin | 9900 | €92,801 | €65,496 | -€27,305 | -29.4% |
| Operating profit (loss) | 9901 | €74,395 | €39,183 | -€35,212 | -47.3% |
| Financial income | 75/76B | €89 | €5,139 | +€5,050 | +5700.0% |
| Recurring financial income | 75 | €89 | €5,139 | +€5,050 | +5700.0% |
| Financial charges | 65/66B | €5,345 | €4,325 | -€1,020 | -19.1% |
| Recurring financial charges | 65 | €5,345 | €4,325 | -€1,020 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €69,138 | €39,997 | -€29,142 | -42.1% |
| Income taxes | 67/77 | €18,643 | €8,574 | -€10,069 | -54.0% |
| Profit (loss) for the period | 9904 | €50,496 | €31,423 | -€19,073 | -37.8% |
| Transfer from tax-exempt reserves | 789 | €16,145 | €0 | -€16,145 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,641 | €31,423 | -€35,218 | -52.8% |
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 12 October 2026 via checked.be.