ARLO: 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.
ARLO
Largest movements
- Tangible fixed assets +€90,424
up €90,424 (+3350.7%), from €2,699 to €93,123
of which Furniture and vehicles: +€90,674
- Receivables within one year +€10,800
up €10,800 (+32.1%), from €33,604 to €44,404
of which Trade receivables: +€13,016
- Stocks and contracts -€10,550
no longer reported in 2025 (was €10,550)
- Cash -€8,309
down €8,309 (-25.7%), from €32,282 to €23,972
mainly Net result for the year (-€235,620) and Investment in fixed assets (net) (-€111,105)
- Other debts +€336,698
up €336,698 (+39.5%), from €852,080 to €1.2m
- Profit (loss) carried forward -€235,620
down €235,620 (-27.9%), from -€844,399 to -€1.1m
- Trade debts -€18,089
down €18,089 (-34.8%), from €52,048 to €33,959
- Tax, wage and social debts -€1,742
down €1,742 (-38.8%), from €4,488 to €2,746
- Financial charges -€332,510
down €332,510 (-99.9%), from €332,799 to €289
of which Non-recurring financial charges: -€332,473
- Depreciation +€9,006
up €9,006 (+77.1%), from €11,676 to €20,681
- Gross operating margin +€7,063
up €7,063 (+3.2%), from -€220,933 to -€213,870
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 | €82,768 | €164,015 | +€81,247 | +98.2% |
| Fixed assets | 21/28 | €2,699 | €93,123 | +€90,424 | +3350.7% |
| Tangible fixed assets | 22/27 | €2,699 | €93,123 | +€90,424 | +3350.7% |
| Furniture and vehicles | 24 | €328 | €91,002 | +€90,674 | +27662.2% |
| Other tangible fixed assets | 26 | €2,371 | €2,121 | -€250 | -10.5% |
| Current assets | 29/58 | €80,069 | €70,892 | -€9,177 | -11.5% |
| Stocks and contracts in progress | 3 | €10,550 | - | -€10,550 | |
| Stocks | 30/36 | €10,550 | - | -€10,550 | |
| Amounts receivable within one year | 40/41 | €33,604 | €44,404 | +€10,800 | +32.1% |
| Trade receivables | 40 | €31,388 | €44,404 | +€13,016 | +41.5% |
| Other amounts receivable | 41 | €2,216 | - | -€2,216 | |
| Cash at bank and in hand | 54/58 | €32,282 | €23,972 | -€8,309 | -25.7% |
| Deferred charges and accrued income | 490/1 | €3,633 | €2,516 | -€1,118 | -30.8% |
| Total equity and liabilities | 10/49 | €82,768 | €164,015 | +€81,247 | +98.2% |
| Equity | 10/15 | -€825,849 | -€1,061,470 | -€235,620 | -28.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€844,399 | -€1,080,020 | -€235,620 | -27.9% |
| Amounts payable | 17/49 | €908,617 | €1,225,484 | +€316,867 | +34.9% |
| Amounts payable within one year | 42/48 | €908,617 | €1,225,484 | +€316,867 | +34.9% |
| Trade debts | 44 | €52,048 | €33,959 | -€18,089 | -34.8% |
| Suppliers | 440/4 | €52,048 | €33,959 | -€18,089 | -34.8% |
| Taxes, remuneration and social security | 45 | €4,488 | €2,746 | -€1,742 | -38.8% |
| Taxes | 450/3 | €4,488 | €2,746 | -€1,742 | -38.8% |
| Other amounts payable | 47/48 | €852,080 | €1,188,779 | +€336,698 | +39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,676 | €20,681 | +€9,006 | +77.1% |
| Other operating charges | 640/8 | €475 | €626 | +€151 | +31.8% |
| Gross operating margin | 9900 | -€220,933 | -€213,870 | +€7,063 | +3.2% |
| Operating profit (loss) | 9901 | -€233,084 | -€235,178 | -€2,094 | -0.9% |
| Financial charges | 65/66B | €332,799 | €289 | -€332,510 | -99.9% |
| Recurring financial charges | 65 | €326 | €289 | -€37 | -11.5% |
| Non-recurring financial charges | 66B | €332,473 | - | -€332,473 | |
| Profit (loss) for the period before taxes | 9903 | -€565,884 | -€235,467 | +€330,417 | +58.4% |
| Income taxes | 67/77 | €102 | €153 | +€51 | +50.4% |
| Profit (loss) for the period | 9904 | -€565,986 | -€235,620 | +€330,365 | +58.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€565,986 | -€235,620 | +€330,365 | +58.4% |
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 5 October 2026 via checked.be.