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ARLIM: what changed

Two fiscal 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

ARLIM

BE 0455.574.752
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,342
2024 · €12,529+€8,813
Equity
€451,354
2024 · €430,011+€21,342
Cash
€171,412
2024 · €127,993+€43,419
Balance sheet total
€489,836
2024 · €461,896+€27,940

Largest movements

2024 to 2025
Assets
  • Cash +€43,419

    up €43,419 (+33.9%), from €127,993 to €171,412

    mainly Depreciation (+€22,945) and Net result for the year (+€21,342)

  • Tangible fixed assets -€15,097

    down €15,097 (-4.6%), from €331,279 to €316,183

    of which Land and buildings: -€14,797

Equity and liabilities
  • Reserves +€21,000

    up €21,000 (+6.9%), from €304,219 to €325,219

    of which Distributable reserves: +€21,000

  • Tax, wage and social debts +€4,942

    new in 2025: €4,942

Income statement
  • Gross operating margin +€14,277

    up €14,277 (+34.3%), from €41,571 to €55,848

  • Taxes +€5,059

    up €5,059 (+421.6%), from €1,200 to €6,259

  • Depreciation +€1,835

    up €1,835 (+8.7%), from €21,110 to €22,945

  • Financial income +€1,056

    up €1,056 (+74343.7%), from €1 to €1,057

From the 2024 result to the 2025 result

effect on the 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 2024 €12,529
Gross operating margin +€14,277
Depreciation -€1,835
Other operating charges +€180
Financial income +€1,056
Financial charges +€195
Taxes -€5,059
Result 2025 €21,342

Cash bridge derived

cash 2024 to 2025

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.

From operations +€51,019
Investment -€7,600
Financing €0
Cash 2024 €127,993
Net result for the year +€21,342
Depreciation +€22,945
Receivables within one year +€400
Deferred charges and accrued income -€265
Trade debts +€426
Tax, wage and social debts +€4,942
Other debts -€2,315
Accrued charges and deferred income +€3,545
Investment in fixed assets (net) -€7,600
Cash 2025 €171,412
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €461,896 €489,836 +€27,940 +6.0%
Fixed assets 21/28 €331,527 €316,183 -€15,344 -4.6%
Tangible fixed assets 22/27 €331,279 €316,183 -€15,097 -4.6%
Land and buildings 22 €330,737 €315,940 -€14,797 -4.5%
Furniture and vehicles 24 €542 €242 -€300 -55.3%
Financial fixed assets 28 €248 €0 -€248 -100.0%
Current assets 29/58 €130,369 €173,654 +€43,284 +33.2%
Amounts receivable within one year 40/41 €1,201 €800 -€400 -33.3%
Other amounts receivable 41 €1,201 €800 -€400 -33.3%
Cash at bank and in hand 54/58 €127,993 €171,412 +€43,419 +33.9%
Deferred charges and accrued income 490/1 €1,176 €1,441 +€265 +22.6%
Total equity and liabilities 10/49 €461,896 €489,836 +€27,940 +6.0%
Equity 10/15 €430,011 €451,354 +€21,342 +5.0%
Contributions 10/11 €117,472 €117,472 = 0.0%
Capital 10 €117,472 €117,472 = 0.0%
Issued capital 100 €117,472 €117,472 = 0.0%
Reserves 13 €304,219 €325,219 +€21,000 +6.9%
Non-distributable reserves 130/1 €11,747 €11,747 = 0.0%
Legal reserve 130 €11,747 €11,747 = 0.0%
Distributable reserves 133 €292,472 €313,472 +€21,000 +7.2%
Profit (loss) carried forward 14 €8,320 €8,662 +€342 +4.1%
Amounts payable 17/49 €31,885 €38,483 +€6,597 +20.7%
Amounts payable within one year 42/48 €26,986 €30,038 +€3,053 +11.3%
Trade debts 44 €196 €622 +€426 +217.3%
Suppliers 440/4 €196 €622 +€426 +217.3%
Taxes, remuneration and social security 45 - €4,942 +€4,942
Taxes 450/3 - €4,942 +€4,942
Other amounts payable 47/48 €26,790 €24,475 -€2,315 -8.6%
Accrued charges and deferred income 492/3 €4,899 €8,444 +€3,545 +72.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €21,110 €22,945 +€1,835 +8.7%
Other operating charges 640/8 €4,616 €4,436 -€180 -3.9%
Gross operating margin 9900 €41,571 €55,848 +€14,277 +34.3%
Operating profit (loss) 9901 €15,845 €28,467 +€12,622 +79.7%
Financial income 75/76B €1 €1,057 +€1,056 +74343.7%
Recurring financial income 75 €1 €1,057 +€1,056 +74343.7%
Financial charges 65/66B €2,118 €1,922 -€195 -9.2%
Recurring financial charges 65 €2,118 €1,922 -€195 -9.2%
Profit (loss) for the period before taxes 9903 €13,729 €27,602 +€13,873 +101.0%
Income taxes 67/77 €1,200 €6,259 +€5,059 +421.6%
Profit (loss) for the period 9904 €12,529 €21,342 +€8,813 +70.3%
Profit (loss) for the period to be appropriated 9905 €12,529 €21,342 +€8,813 +70.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.