ARINO: 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.
ARINO
Largest movements
- Receivables within one year -€72,158
no longer reported in 2023 (was €72,158)
- Tangible fixed assets -€11,554
down €11,554 (-3.0%), from €386,981 to €375,427
of which Furniture and vehicles: -€6,209
- Tax, wage and social debts -€117,435
down €117,435 (-93.4%), from €125,689 to €8,254
- Short-term financial debts -€59,476
no longer reported in 2023 (was €59,476)
of which Credit institutions: -€38,167
- Other debts +€51,839
new in 2023: €51,839
- Profit (loss) carried forward +€39,869
up €39,869 (+55.7%), from €71,641 to €111,510
- Current portion of long-term debt +€32,840
new in 2023: €32,840
- Purchases and services -€30,690
down €30,690 (-29.2%), from €105,144 to €74,454
- Financial charges +€8,536
up €8,536 (+1616.7%), from €528 to €9,064
- Staff costs -€4,341
down €4,341 (-24.2%), from €17,929 to €13,588
- Depreciation +€2,230
up €2,230 (+10.2%), from €21,909 to €24,139
- Other operating charges +€1,357
up €1,357 (+38.2%), from €3,554 to €4,911
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €475,615 | €395,880 | -€79,735 | -16.8% |
| Fixed assets | 21/28 | €386,981 | €375,427 | -€11,554 | -3.0% |
| Tangible fixed assets | 22/27 | €386,981 | €375,427 | -€11,554 | -3.0% |
| Land and buildings | 22 | €344,944 | €342,604 | -€2,340 | -0.7% |
| Plant, machinery and equipment | 23 | €11,357 | €8,748 | -€2,609 | -23.0% |
| Furniture and vehicles | 24 | €22,000 | €15,791 | -€6,209 | -28.2% |
| Other tangible fixed assets | 26 | €8,680 | €8,284 | -€396 | -4.6% |
| Current assets | 29/58 | €88,634 | €20,453 | -€68,181 | -76.9% |
| Stocks and contracts in progress | 3 | €14,750 | €14,750 | = | 0.0% |
| Stocks | 30/36 | €14,750 | €14,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €72,158 | - | -€72,158 | |
| Other amounts receivable | 41 | €72,158 | - | -€72,158 | |
| Cash at bank and in hand | 54/58 | €1,726 | €5,703 | +€3,977 | +230.4% |
| Total equity and liabilities | 10/49 | €475,615 | €395,880 | -€79,735 | -16.8% |
| Equity | 10/15 | €79,923 | €119,792 | +€39,869 | +49.9% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €282 | €282 | = | 0.0% |
| Tax-exempt reserves | 132 | €282 | €282 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,641 | €111,510 | +€39,869 | +55.7% |
| Amounts payable | 17/49 | €395,692 | €276,088 | -€119,604 | -30.2% |
| Amounts payable after more than one year | 17 | €210,527 | €180,692 | -€29,835 | -14.2% |
| Financial debts | 170/4 | €210,527 | €180,692 | -€29,835 | -14.2% |
| Amounts payable within one year | 42/48 | €185,165 | €95,396 | -€89,769 | -48.5% |
| Current portion of amounts payable after more than one year | 42 | - | €32,840 | +€32,840 | |
| Financial debts | 43 | €59,476 | - | -€59,476 | |
| Credit institutions | 430/8 | €38,167 | - | -€38,167 | |
| Other loans | 439 | €21,309 | - | -€21,309 | |
| Trade debts | 44 | - | €2,463 | +€2,463 | |
| Suppliers | 440/4 | - | €2,463 | +€2,463 | |
| Taxes, remuneration and social security | 45 | €125,689 | €8,254 | -€117,435 | -93.4% |
| Taxes | 450/3 | €125,689 | €8,254 | -€117,435 | -93.4% |
| Other amounts payable | 47/48 | - | €51,839 | +€51,839 | |
| Goods, raw materials, services and sundry goods | 60/61 | €105,144 | €74,454 | -€30,690 | -29.2% |
| Remuneration, social security and pensions | 62 | €17,929 | €13,588 | -€4,341 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,909 | €24,139 | +€2,230 | +10.2% |
| Other operating charges | 640/8 | €3,554 | €4,911 | +€1,357 | +38.2% |
| Gross operating margin | 9900 | €92,527 | €91,571 | -€956 | -1.0% |
| Operating profit (loss) | 9901 | €49,135 | €48,933 | -€202 | -0.4% |
| Financial charges | 65/66B | €528 | €9,064 | +€8,536 | +1616.7% |
| Recurring financial charges | 65 | €528 | €9,064 | +€8,536 | +1616.7% |
| Profit (loss) for the period before taxes | 9903 | €48,607 | €39,869 | -€8,738 | -18.0% |
| Profit (loss) for the period | 9904 | €48,607 | €39,869 | -€8,738 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,607 | €39,869 | -€8,738 | -18.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.