ARLAMA: 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.
ARLAMA
Largest movements
- Cash -€82,129
down €82,129 (-35.7%), from €230,046 to €147,917
mainly Other debts (-€61,981) and Contributions, distributions and other (-€50,000)
- Receivables after one year -€60,016
down €60,016 (-27.8%), from €215,545 to €155,529
- Receivables within one year -€14,464
down €14,464 (-14.8%), from €97,938 to €83,474
of which Trade receivables: -€10,522
- Reserves -€84,798
down €84,798 (-20.1%), from €422,044 to €337,246
- Other debts -€61,981
down €61,981 (-93.4%), from €66,377 to €4,395
- Trade debts -€10,582
down €10,582 (-75.5%), from €14,013 to €3,431
- Financial income -€667,031
down €667,031 (-96.9%), from €688,287 to €21,255
of which Non-recurring financial income: -€668,752
- Taxes -€67,900
down €67,900 (-99.3%), from €68,394 to €494
- Gross operating margin +€64,622
up €64,622 (+58.7%), from -€110,113 to -€45,491
- Financial charges -€3,620
down €3,620 (-52.9%), from €6,850 to €3,230
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 | €587,754 | €426,014 | -€161,740 | -27.5% |
| Fixed assets | 21/28 | €42,407 | €36,834 | -€5,572 | -13.1% |
| Tangible fixed assets | 22/27 | €42,407 | €36,834 | -€5,572 | -13.1% |
| Plant, machinery and equipment | 23 | €2,784 | €2,076 | -€709 | -25.5% |
| Furniture and vehicles | 24 | €14,423 | €12,716 | -€1,707 | -11.8% |
| Other tangible fixed assets | 26 | €25,199 | €22,043 | -€3,156 | -12.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €545,347 | €389,180 | -€156,167 | -28.6% |
| Amounts receivable after more than one year | 29 | €215,545 | €155,529 | -€60,016 | -27.8% |
| Other amounts receivable | 291 | €215,545 | €155,529 | -€60,016 | -27.8% |
| Amounts receivable within one year | 40/41 | €97,938 | €83,474 | -€14,464 | -14.8% |
| Trade receivables | 40 | €33,895 | €23,373 | -€10,522 | -31.0% |
| Other amounts receivable | 41 | €64,044 | €60,102 | -€3,942 | -6.2% |
| Cash at bank and in hand | 54/58 | €230,046 | €147,917 | -€82,129 | -35.7% |
| Deferred charges and accrued income | 490/1 | €1,818 | €2,259 | +€441 | +24.3% |
| Total equity and liabilities | 10/49 | €587,754 | €426,014 | -€161,740 | -27.5% |
| Equity | 10/15 | €424,544 | €339,746 | -€84,798 | -20.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €422,044 | €337,246 | -€84,798 | -20.1% |
| Distributable reserves | 133 | €422,044 | €337,246 | -€84,798 | -20.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €163,209 | €86,268 | -€76,941 | -47.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €163,209 | €86,268 | -€76,941 | -47.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €14,013 | €3,431 | -€10,582 | -75.5% |
| Suppliers | 440/4 | €14,013 | €3,431 | -€10,582 | -75.5% |
| Taxes, remuneration and social security | 45 | €82,819 | €78,441 | -€4,378 | -5.3% |
| Taxes | 450/3 | €82,819 | €78,441 | -€4,378 | -5.3% |
| Other amounts payable | 47/48 | €66,377 | €4,395 | -€61,981 | -93.4% |
| Non-recurring operating income | 76A | €405 | €0 | -€405 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,582 | €5,572 | +€990 | +21.6% |
| Other operating charges | 640/8 | €1,303 | €1,267 | -€36 | -2.7% |
| Gross operating margin | 9900 | -€110,113 | -€45,491 | +€64,622 | +58.7% |
| Operating profit (loss) | 9901 | -€115,998 | -€52,330 | +€63,668 | +54.9% |
| Financial income | 75/76B | €688,287 | €21,255 | -€667,031 | -96.9% |
| Recurring financial income | 75 | €19,535 | €21,255 | +€1,721 | +8.8% |
| Non-recurring financial income | 76B | €668,752 | €0 | -€668,752 | -100.0% |
| Financial charges | 65/66B | €6,850 | €3,230 | -€3,620 | -52.9% |
| Recurring financial charges | 65 | €6,850 | €3,230 | -€3,620 | -52.9% |
| Profit (loss) for the period before taxes | 9903 | €565,439 | -€34,304 | -€599,743 | |
| Income taxes | 67/77 | €68,394 | €494 | -€67,900 | -99.3% |
| Profit (loss) for the period | 9904 | €497,044 | -€34,798 | -€531,843 | |
| Profit (loss) for the period to be appropriated | 9905 | €497,044 | -€34,798 | -€531,843 |
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 9 October 2026 via checked.be.