ARLE: 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.
What changed
ARLE
NACE 68.121, Development of residential building projects
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€623,007
2023 · -€569,812-€53,194
Equity
-€15.0m
2023 · -€14.4m-€623,007
Cash
€2,159
2023 · €8,430-€6,271
Balance sheet total
€13.2m
2023 · €12.7m+€570,597
Largest movements
Assets
- Receivables within one year +€457,967
up €457,967 (+38.4%), from €1.2m to €1.7m
of which Trade receivables: +€426,660
Equity and liabilities
- Accrued charges and deferred income +€917,474
up €917,474 (+7.6%), from €12.1m to €13.0m
- Profit (loss) carried forward -€623,007
down €623,007 (-4.3%), from -€14.5m to -€15.1m
- Debts after one year +€270,082
up €270,082 (+2.3%), from €11.8m to €12.1m
Income statement
- Financial charges +€184,556
up €184,556 (+23.1%), from €800,125 to €984,680
- Gross operating margin +€102,708
up €102,708 (+53.1%), from €193,370 to €296,078
- Staff costs -€81,276
down €81,276 (-57.9%), from €140,263 to €58,987
- Financial income -€48,148
down €48,148 (-26.9%), from €179,019 to €130,871
- Other operating charges +€4,433
up €4,433 (+363%), from €1,220 to €5,653
From the 2023 result to the 2024 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.
Result 2023
-€569,812
Gross operating margin
+€102,708
Staff costs
+€81,276
Depreciation
-€61
Other operating charges
-€4,433
Other operating items
+€20
Financial income
-€48,148
Financial charges
-€184,556
Result 2024
-€623,007
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€279,530
Investment
€0
Financing
+€273,259
Cash 2023
€8,430
From operations (derived)
-€279,530
Net result for the year
-€623,007
Depreciation
+€618
Receivables after one year
-€118,802
Receivables within one year
-€457,967
Deferred charges and accrued income
-€717
Trade debts
-€44,641
Tax, wage and social debts
-€16,325
Other debts
+€63,836
Accrued charges and deferred income
+€917,474
Financing
+€273,259
Debts after one year
+€270,082
Short-term financial debts
+€3,177
Cash 2024
€2,159
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,653,730 | €13,224,327 | +€570,597 | +4.5% |
| Fixed assets | 21/28 | €6,803,762 | €6,803,143 | -€618 | 0.0% |
| Tangible fixed assets | 22/27 | €1,104 | €485 | -€618 | -56.0% |
| Furniture and vehicles | 24 | €1,104 | €485 | -€618 | -56.0% |
| Financial fixed assets | 28 | €6,802,658 | €6,802,658 | = | 0.0% |
| Current assets | 29/58 | €5,849,968 | €6,421,184 | +€571,215 | +9.8% |
| Amounts receivable after more than one year | 29 | €4,647,176 | €4,765,979 | +€118,802 | +2.6% |
| Trade receivables | 290 | €4,647,176 | €4,765,979 | +€118,802 | +2.6% |
| Amounts receivable within one year | 40/41 | €1,194,062 | €1,652,030 | +€457,967 | +38.4% |
| Trade receivables | 40 | €731,946 | €1,158,606 | +€426,660 | +58.3% |
| Other amounts receivable | 41 | €462,117 | €493,424 | +€31,307 | +6.8% |
| Cash at bank and in hand | 54/58 | €8,430 | €2,159 | -€6,271 | -74.4% |
| Deferred charges and accrued income | 490/1 | €300 | €1,017 | +€717 | +239% |
| Total equity and liabilities | 10/49 | €12,653,730 | €13,224,327 | +€570,597 | +4.5% |
| Equity | 10/15 | -€14,423,080 | -€15,046,087 | -€623,007 | -4.3% |
| Contributions | 10/11 | €72,750 | €72,750 | = | 0.0% |
| Capital | 10 | €72,750 | €72,750 | = | 0.0% |
| Issued capital | 100 | €72,750 | €72,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,495,830 | -€15,118,837 | -€623,007 | -4.3% |
| Amounts payable | 17/49 | €27,076,810 | €28,270,414 | +€1.2m | +4.4% |
| Amounts payable after more than one year | 17 | €11,821,743 | €12,091,825 | +€270,082 | +2.3% |
| Financial debts | 170/4 | €11,821,743 | €12,091,825 | +€270,082 | +2.3% |
| Amounts payable within one year | 42/48 | €3,138,117 | €3,144,165 | +€6,048 | +0.2% |
| Financial debts | 43 | - | €3,177 | +€3,177 | |
| Credit institutions | 430/8 | - | €3,177 | +€3,177 | |
| Trade debts | 44 | €231,661 | €187,021 | -€44,641 | -19.3% |
| Suppliers | 440/4 | €231,661 | €187,021 | -€44,641 | -19.3% |
| Taxes, remuneration and social security | 45 | €27,614 | €11,290 | -€16,325 | -59.1% |
| Taxes | 450/3 | €4,169 | €3,507 | -€662 | -15.9% |
| Remuneration and social security | 454/9 | €23,445 | €7,782 | -€15,663 | -66.8% |
| Other amounts payable | 47/48 | €2,878,842 | €2,942,678 | +€63,836 | +2.2% |
| Accrued charges and deferred income | 492/3 | €12,116,950 | €13,034,424 | +€917,474 | +7.6% |
| Non-recurring operating income | 76A | €1,043 | €0 | -€1,043 | -100% |
| Remuneration, social security and pensions | 62 | €140,263 | €58,987 | -€81,276 | -57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €557 | €618 | +€61 | +11.0% |
| Other operating charges | 640/8 | €1,220 | €5,653 | +€4,433 | +363% |
| Non-recurring operating charges | 66A | €37 | €17 | -€20 | -53.4% |
| Gross operating margin | 9900 | €193,370 | €296,078 | +€102,708 | +53.1% |
| Operating profit (loss) | 9901 | €51,293 | €230,803 | +€179,509 | +350% |
| Financial income | 75/76B | €179,019 | €130,871 | -€48,148 | -26.9% |
| Recurring financial income | 75 | €179,019 | €130,871 | -€48,148 | -26.9% |
| Financial charges | 65/66B | €800,125 | €984,680 | +€184,556 | +23.1% |
| Recurring financial charges | 65 | €800,125 | €984,680 | +€184,556 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | -€569,812 | -€623,007 | -€53,194 | -9.3% |
| Profit (loss) for the period | 9904 | -€569,812 | -€623,007 | -€53,194 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€569,812 | -€623,007 | -€53,194 | -9.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.