ARLETTI: 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.
ARLETTI
Largest movements
- Tangible fixed assets -€25,868
down €25,868 (-73.8%), from €35,070 to €9,202
- Receivables within one year -€17,863
down €17,863 (-86.6%), from €20,630 to €2,767
of which Trade receivables: -€12,596
- Cash +€3,207
up €3,207 (+43.0%), from €7,463 to €10,670
mainly Depreciation (+€25,868) and Receivables within one year (+€17,863)
- Profit (loss) carried forward -€22,772
down €22,772 (-5.3%), from -€429,575 to -€452,347
- Trade debts -€16,758
down €16,758 (-54.0%), from €31,052 to €14,294
- Other debts -€993
down €993 (-1.5%), from €68,150 to €67,157
- Gross operating margin -€2,128
down €2,128 (-40.5%), from €5,251 to €3,123
- Financial charges -€470
down €470 (-85.3%), from €551 to €81
- Depreciation +€429
up €429 (+1.7%), from €25,439 to €25,868
- Other operating charges -€302
no longer reported in 2025 (was €302)
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 | €63,163 | €22,639 | -€40,524 | -64.2% |
| Fixed assets | 21/28 | €35,070 | €9,202 | -€25,868 | -73.8% |
| Tangible fixed assets | 22/27 | €35,070 | €9,202 | -€25,868 | -73.8% |
| Furniture and vehicles | 24 | €35,070 | €9,202 | -€25,868 | -73.8% |
| Current assets | 29/58 | €28,093 | €13,437 | -€14,656 | -52.2% |
| Amounts receivable within one year | 40/41 | €20,630 | €2,767 | -€17,863 | -86.6% |
| Trade receivables | 40 | €14,575 | €1,979 | -€12,596 | -86.4% |
| Other amounts receivable | 41 | €6,055 | €789 | -€5,267 | -87.0% |
| Cash at bank and in hand | 54/58 | €7,463 | €10,670 | +€3,207 | +43.0% |
| Total equity and liabilities | 10/49 | €63,163 | €22,639 | -€40,524 | -64.2% |
| Equity | 10/15 | -€129,575 | -€152,347 | -€22,772 | -17.6% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€429,575 | -€452,347 | -€22,772 | -5.3% |
| Amounts payable | 17/49 | €192,737 | €174,986 | -€17,751 | -9.2% |
| Amounts payable after more than one year | 17 | €85,981 | €85,981 | = | 0.0% |
| Financial debts | 170/4 | €85,981 | €85,981 | = | 0.0% |
| Amounts payable within one year | 42/48 | €106,756 | €89,005 | -€17,751 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €7,554 | €7,554 | = | 0.0% |
| Trade debts | 44 | €31,052 | €14,294 | -€16,758 | -54.0% |
| Suppliers | 440/4 | €31,052 | €14,294 | -€16,758 | -54.0% |
| Other amounts payable | 47/48 | €68,150 | €67,157 | -€993 | -1.5% |
| Remuneration, social security and pensions | 62 | €916 | €940 | +€25 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,439 | €25,868 | +€429 | +1.7% |
| Other operating charges | 640/8 | €302 | - | -€302 | |
| Gross operating margin | 9900 | €5,251 | €3,123 | -€2,128 | -40.5% |
| Operating profit (loss) | 9901 | -€21,405 | -€23,685 | -€2,280 | -10.6% |
| Financial charges | 65/66B | €551 | €81 | -€470 | -85.3% |
| Recurring financial charges | 65 | €551 | €81 | -€470 | -85.3% |
| Profit (loss) for the period before taxes | 9903 | -€21,956 | -€23,766 | -€1,810 | -8.2% |
| Profit (loss) for the period | 9904 | -€21,956 | -€23,766 | -€1,810 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,956 | -€23,766 | -€1,810 | -8.2% |
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 22 October 2026 via checked.be.