ARLAU: 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.
ARLAU
Largest movements
- Financial fixed assets +€67,442
up €67,442 (+1,324%), from €5,095 to €72,538
- Tangible fixed assets -€46,317
down €46,317 (-4.0%), from €1.2m to €1.1m
of which Land and buildings: -€40,741
- Cash +€31,782
up €31,782 (+33.5%), from €94,933 to €126,716
mainly Net result for the year (+€1.5m) and Depreciation (+€50,154)
- Profit (loss) carried forward +€48,923
up €48,923 (+3.8%), from €1.3m to €1.3m
- Financial income +€209,274
up €209,274 (+15.7%), from €1.3m to €1.5m
- Gross operating margin +€24,482
up €24,482 (+51.8%), from €47,300 to €71,782
- Other operating charges +€3,717
up €3,717 (+105%), from €3,555 to €7,272
- Depreciation +€2,688
up €2,688 (+5.7%), from €47,466 to €50,154
- Taxes +€1,273
up €1,273 (+20.1%), from €6,327 to €7,600
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 | €1,290,395 | €1,349,325 | +€58,930 | +4.6% |
| Fixed assets | 21/28 | €1,163,249 | €1,184,375 | +€21,126 | +1.8% |
| Tangible fixed assets | 22/27 | €1,158,154 | €1,111,837 | -€46,317 | -4.0% |
| Land and buildings | 22 | €1,131,468 | €1,090,726 | -€40,741 | -3.6% |
| Plant, machinery and equipment | 23 | €26,686 | €21,111 | -€5,575 | -20.9% |
| Financial fixed assets | 28 | €5,095 | €72,538 | +€67,442 | +1,324% |
| Current assets | 29/58 | €127,146 | €164,950 | +€37,805 | +29.7% |
| Amounts receivable within one year | 40/41 | €31,597 | €37,205 | +€5,609 | +17.8% |
| Trade receivables | 40 | €12,452 | €21,643 | +€9,191 | +73.8% |
| Other amounts receivable | 41 | €19,145 | €15,562 | -€3,583 | -18.7% |
| Cash at bank and in hand | 54/58 | €94,933 | €126,716 | +€31,782 | +33.5% |
| Deferred charges and accrued income | 490/1 | €616 | €1,030 | +€414 | +67.2% |
| Total equity and liabilities | 10/49 | €1,290,395 | €1,349,325 | +€58,930 | +4.6% |
| Equity | 10/15 | €1,285,782 | €1,334,705 | +€48,923 | +3.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,280,782 | €1,329,705 | +€48,923 | +3.8% |
| Amounts payable | 17/49 | €4,613 | €14,620 | +€10,007 | +217% |
| Amounts payable within one year | 42/48 | €4,538 | €14,616 | +€10,079 | +222% |
| Trade debts | 44 | €267 | €9,325 | +€9,059 | +3,398% |
| Suppliers | 440/4 | €267 | €9,325 | +€9,059 | +3,398% |
| Taxes, remuneration and social security | 45 | €3,477 | €4,497 | +€1,020 | +29.3% |
| Taxes | 450/3 | €3,477 | €4,497 | +€1,020 | +29.3% |
| Other amounts payable | 47/48 | €794 | €794 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €75 | €4 | -€71 | -94.6% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,466 | €50,154 | +€2,688 | +5.7% |
| Other operating charges | 640/8 | €3,555 | €7,272 | +€3,717 | +105% |
| Non-recurring operating charges | 66A | €727 | €0 | -€727 | -100% |
| Gross operating margin | 9900 | €47,300 | €71,782 | +€24,482 | +51.8% |
| Operating profit (loss) | 9901 | -€4,447 | €14,356 | +€18,803 | |
| Financial income | 75/76B | €1,333,000 | €1,542,274 | +€209,274 | +15.7% |
| Recurring financial income | 75 | €1,333,000 | €1,542,274 | +€209,274 | +15.7% |
| Financial charges | 65/66B | €215 | €106 | -€108 | -50.5% |
| Recurring financial charges | 65 | €215 | €106 | -€108 | -50.5% |
| Profit (loss) for the period before taxes | 9903 | €1,328,338 | €1,556,523 | +€228,185 | +17.2% |
| Income taxes | 67/77 | €6,327 | €7,600 | +€1,273 | +20.1% |
| Profit (loss) for the period | 9904 | €1,322,011 | €1,548,923 | +€226,912 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,322,011 | €1,548,923 | +€226,912 | +17.2% |
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 24 October 2026 via checked.be.