ARLO: 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.
ARLO
Largest movements
- Stocks and contracts -€737,245
down €737,245 (-63.1%), from €1.2m to €431,320
of which Contracts in progress: -€747,859
- Receivables within one year +€488,579
up €488,579 (+90.6%), from €539,500 to €1.0m
of which Trade receivables: +€377,826
- Cash +€55,290
up €55,290 (+35.3%), from €156,614 to €211,904
mainly Stocks and contracts (+€737,245) and Tax, wage and social debts (+€72,325)
- Profit (loss) carried forward -€110,707
down €110,707, from €2,064 to -€108,643
- Trade debts -€85,861
down €85,861 (-11.5%), from €749,560 to €663,699
- Tax, wage and social debts +€72,325
up €72,325 (+142.5%), from €50,761 to €123,085
of which Taxes: +€68,097
- Debts after one year -€52,837
down €52,837 (-7.0%), from €756,107 to €703,270
- Other debts -€45,598
down €45,598 (-6.2%), from €738,587 to €692,989
- Gross operating margin -€260,880
down €260,880 (-29.5%), from €883,573 to €622,693
- Staff costs -€54,191
down €54,191 (-8.0%), from €674,593 to €620,402
- Financial charges -€46,787
down €46,787 (-44.0%), from €106,388 to €59,601
- Depreciation -€20,221
down €20,221 (-32.2%), from €62,834 to €42,612
- Taxes -€11,476
down €11,476, from €11,344 to -€132
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,163,775 | €2,939,696 | -€224,079 | -7.1% |
| Fixed assets | 21/28 | €1,282,736 | €1,250,307 | -€32,428 | -2.5% |
| Tangible fixed assets | 22/27 | €1,231,397 | €1,222,076 | -€9,320 | -0.8% |
| Land and buildings | 22 | €1,090,909 | €1,098,673 | +€7,764 | +0.7% |
| Plant, machinery and equipment | 23 | €125,042 | €106,686 | -€18,356 | -14.7% |
| Furniture and vehicles | 24 | €11,580 | €10,079 | -€1,501 | -13.0% |
| Leasing and similar rights | 25 | €3,866 | €6,639 | +€2,772 | +71.7% |
| Financial fixed assets | 28 | €51,339 | €28,231 | -€23,108 | -45.0% |
| Current assets | 29/58 | €1,881,040 | €1,689,389 | -€191,651 | -10.2% |
| Stocks and contracts in progress | 3 | €1,168,565 | €431,320 | -€737,245 | -63.1% |
| Stocks | 30/36 | €94,649 | €105,263 | +€10,614 | +11.2% |
| Contracts in progress | 37 | €1,073,916 | €326,056 | -€747,859 | -69.6% |
| Amounts receivable within one year | 40/41 | €539,500 | €1,028,079 | +€488,579 | +90.6% |
| Trade receivables | 40 | €520,623 | €898,449 | +€377,826 | +72.6% |
| Other amounts receivable | 41 | €18,877 | €129,630 | +€110,753 | +586.7% |
| Current investments | 50/53 | €570 | €4,683 | +€4,113 | +721.4% |
| Cash at bank and in hand | 54/58 | €156,614 | €211,904 | +€55,290 | +35.3% |
| Deferred charges and accrued income | 490/1 | €15,790 | €13,404 | -€2,387 | -15.1% |
| Total equity and liabilities | 10/49 | €3,163,775 | €2,939,696 | -€224,079 | -7.1% |
| Equity | 10/15 | €762,759 | €652,051 | -€110,707 | -14.5% |
| Contributions | 10/11 | €64,452 | €64,452 | = | 0.0% |
| Capital | 10 | €64,452 | €64,452 | = | 0.0% |
| Issued capital | 100 | €64,452 | €64,452 | = | 0.0% |
| Reserves | 13 | €696,242 | €696,242 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,445 | €6,445 | = | 0.0% |
| Legal reserve | 130 | €6,445 | €6,445 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,432 | €3,432 | = | 0.0% |
| Distributable reserves | 133 | €686,365 | €686,365 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,064 | -€108,643 | -€110,707 | |
| Amounts payable | 17/49 | €2,401,017 | €2,287,645 | -€113,372 | -4.7% |
| Amounts payable after more than one year | 17 | €756,107 | €703,270 | -€52,837 | -7.0% |
| Financial debts | 170/4 | €756,107 | €703,270 | -€52,837 | -7.0% |
| Amounts payable within one year | 42/48 | €1,627,370 | €1,545,607 | -€81,763 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €63,372 | €65,834 | +€2,462 | +3.9% |
| Financial debts | 43 | €25,090 | €0 | -€25,090 | -100.0% |
| Credit institutions | 430/8 | €25,090 | €0 | -€25,090 | -100.0% |
| Trade debts | 44 | €749,560 | €663,699 | -€85,861 | -11.5% |
| Suppliers | 440/4 | €749,560 | €663,699 | -€85,861 | -11.5% |
| Taxes, remuneration and social security | 45 | €50,761 | €123,085 | +€72,325 | +142.5% |
| Taxes | 450/3 | €20,276 | €88,373 | +€68,097 | +335.8% |
| Remuneration and social security | 454/9 | €30,484 | €34,712 | +€4,228 | +13.9% |
| Other amounts payable | 47/48 | €738,587 | €692,989 | -€45,598 | -6.2% |
| Accrued charges and deferred income | 492/3 | €17,540 | €38,768 | +€21,228 | +121.0% |
| Remuneration, social security and pensions | 62 | €674,593 | €620,402 | -€54,191 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,834 | €42,612 | -€20,221 | -32.2% |
| Other operating charges | 640/8 | €6,960 | €7,651 | +€691 | +9.9% |
| Non-recurring operating charges | 66A | €8,068 | €3,525 | -€4,542 | -56.3% |
| Gross operating margin | 9900 | €883,573 | €622,693 | -€260,880 | -29.5% |
| Operating profit (loss) | 9901 | €131,118 | -€51,499 | -€182,617 | |
| Financial income | 75/76B | €52 | €259 | +€208 | +399.6% |
| Recurring financial income | 75 | €52 | €259 | +€208 | +399.6% |
| Financial charges | 65/66B | €106,388 | €59,601 | -€46,787 | -44.0% |
| Recurring financial charges | 65 | €106,388 | €59,601 | -€46,787 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | €24,782 | -€110,840 | -€135,622 | |
| Income taxes | 67/77 | €11,344 | -€132 | -€11,476 | |
| Profit (loss) for the period | 9904 | €13,438 | -€110,707 | -€124,146 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,438 | -€110,707 | -€124,146 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.