ARLIMO: 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
ARLIMO
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€241,305
2024 · -€176,347-€64,958
Equity
€7.8m
2024 · €8.0m-€241,305
Cash
€157,678
2024 · €67,351+€90,328
Balance sheet total
€18.4m
2024 · €18.9m-€516,075
Largest movements
Assets
- Tangible fixed assets -€572,414
down €572,414 (-3.1%), from €18.7m to €18.1m
of which Land and buildings: -€419,315
Equity and liabilities
- Debts after one year -€754,468
down €754,468 (-9.3%), from €8.1m to €7.3m
- Other debts +€279,850
up €279,850 (+41.1%), from €680,618 to €960,468
- Profit (loss) carried forward -€211,863
down €211,863 (-12.1%), from -€1.8m to -€2.0m
Income statement
- Provisions +€193,364
new in 2025: €193,364
- Depreciation -€166,130
down €166,130 (-21.9%), from €758,264 to €592,134
- Other operating charges +€148,737
up €148,737 (+61.2%), from €242,881 to €391,618
- Gross operating margin +€79,919
up €79,919 (+8.0%), from €997,327 to €1.1m
- Staff costs -€16,323
down €16,323, from €16,261 to -€62
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.
Result 2024
-€176,347
Gross operating margin
+€79,919
Staff costs
+€16,323
Depreciation
+€166,130
Provisions
-€193,364
Other operating charges
-€148,737
Financial income
+€635
Financial charges
+€10,122
Deferred taxes and other
+€4,014
Result 2025
-€241,305
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.
From operations
+€873,784
Investment
+€19,163
Financing
-€802,619
Cash 2024
€67,351
From operations (derived)
+€873,784
Net result for the year
-€241,305
Depreciation
+€592,134
Receivables within one year
-€155
Deferred charges and accrued income
-€4,739
Provisions
+€183,550
Trade debts
+€64,448
Other debts
+€279,850
Investment (derived)
+€19,163
Investment in fixed assets (net)
+€19,163
Financing
-€802,619
Debts after one year
-€754,468
Current portion of long-term debt
-€48,150
Cash 2025
€157,678
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,897,545 | €18,381,470 | -€516,075 | -2.7% |
| Fixed assets | 21/28 | €18,778,379 | €18,167,082 | -€611,297 | -3.3% |
| Tangible fixed assets | 22/27 | €18,694,902 | €18,122,488 | -€572,414 | -3.1% |
| Land and buildings | 22 | €17,500,771 | €17,081,456 | -€419,315 | -2.4% |
| Plant, machinery and equipment | 23 | €449 | €419 | -€30 | -6.7% |
| Furniture and vehicles | 24 | €14,025 | €2,165 | -€11,860 | -84.6% |
| Other tangible fixed assets | 26 | €1,179,656 | €1,038,448 | -€141,209 | -12.0% |
| Financial fixed assets | 28 | €83,477 | €44,594 | -€38,883 | -46.6% |
| Current assets | 29/58 | €119,166 | €214,388 | +€95,222 | +79.9% |
| Amounts receivable within one year | 40/41 | €51,815 | €51,970 | +€155 | +0.3% |
| Other amounts receivable | 41 | €51,815 | €51,970 | +€155 | +0.3% |
| Cash at bank and in hand | 54/58 | €67,351 | €157,678 | +€90,328 | +134.1% |
| Deferred charges and accrued income | 490/1 | - | €4,739 | +€4,739 | |
| Total equity and liabilities | 10/49 | €18,897,545 | €18,381,470 | -€516,075 | -2.7% |
| Equity | 10/15 | €8,008,623 | €7,767,318 | -€241,305 | -3.0% |
| Contributions | 10/11 | €3,462,500 | €3,462,500 | = | 0.0% |
| Capital | 10 | €3,462,500 | €3,462,500 | = | 0.0% |
| Issued capital | 100 | €3,462,500 | €3,462,500 | = | 0.0% |
| Revaluation surpluses | 12 | €6,000,000 | €6,000,000 | = | 0.0% |
| Reserves | 13 | €299,851 | €270,409 | -€29,442 | -9.8% |
| Tax-exempt reserves | 132 | €299,851 | €270,409 | -€29,442 | -9.8% |
| Profit (loss) carried forward | 14 | -€1,753,728 | -€1,965,591 | -€211,863 | -12.1% |
| Provisions and deferred taxes | 16 | €989,950 | €1,173,500 | +€183,550 | +18.5% |
| Provisions for liabilities and charges | 160/5 | €890,000 | €1,083,364 | +€193,364 | +21.7% |
| Other liabilities and charges | 164/5 | €890,000 | €1,083,364 | +€193,364 | +21.7% |
| Deferred taxes | 168 | €99,950 | €90,136 | -€9,814 | -9.8% |
| Amounts payable | 17/49 | €9,898,971 | €9,440,651 | -€458,320 | -4.6% |
| Amounts payable after more than one year | 17 | €8,070,625 | €7,316,157 | -€754,468 | -9.3% |
| Financial debts | 170/4 | €8,070,625 | €7,316,157 | -€754,468 | -9.3% |
| Amounts payable within one year | 42/48 | €1,828,346 | €2,124,494 | +€296,148 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €675,928 | €627,778 | -€48,150 | -7.1% |
| Trade debts | 44 | €471,800 | €536,248 | +€64,448 | +13.7% |
| Suppliers | 440/4 | €471,800 | €536,248 | +€64,448 | +13.7% |
| Other amounts payable | 47/48 | €680,618 | €960,468 | +€279,850 | +41.1% |
| Non-recurring operating income | 76A | - | €34,407 | +€34,407 | |
| Remuneration, social security and pensions | 62 | €16,261 | -€62 | -€16,323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €758,264 | €592,134 | -€166,130 | -21.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €193,364 | +€193,364 | |
| Other operating charges | 640/8 | €242,881 | €391,618 | +€148,737 | +61.2% |
| Gross operating margin | 9900 | €997,327 | €1,077,246 | +€79,919 | +8.0% |
| Operating profit (loss) | 9901 | -€20,079 | -€99,808 | -€79,729 | -397.1% |
| Financial income | 75/76B | €995 | €1,630 | +€635 | +63.8% |
| Recurring financial income | 75 | €995 | €1,630 | +€635 | +63.8% |
| Financial charges | 65/66B | €163,062 | €152,940 | -€10,122 | -6.2% |
| Recurring financial charges | 65 | €163,062 | €152,940 | -€10,122 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | -€182,147 | -€251,119 | -€68,972 | -37.9% |
| Transfer from deferred taxes | 780 | €5,800 | €9,814 | +€4,014 | +69.2% |
| Profit (loss) for the period | 9904 | -€176,347 | -€241,305 | -€64,958 | -36.8% |
| Transfer from tax-exempt reserves | 789 | €17,401 | €29,442 | +€12,041 | +69.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€158,946 | -€211,863 | -€52,918 | -33.3% |
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 6 October 2026 via checked.be.