ARLON 53: 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.
ARLON 53
Largest movements
- Tangible fixed assets +€14.0m
up €14.0m (+61.5%), from €22.7m to €36.7m
of which Assets under construction and advance payments: +€11.5m
- Receivables within one year -€904,377
down €904,377 (-68.7%), from €1.3m to €411,802
of which Other amounts receivable: -€946,613
- Debts after one year +€8.8m
up €8.8m (+49.5%), from €17.7m to €26.5m
of which Financial debts: +€8.8m
- Contributions +€5.5m
up €5.5m (+8,870%), from €62,000 to €5.6m
- Short-term financial debts -€2.7m
down €2.7m (-29.0%), from €9.1m to €6.5m
- Trade debts +€2.3m
up €2.3m (+262%), from €886,788 to €3.2m
- Profit (loss) carried forward -€591,647
down €591,647 (-14.5%), from -€4.1m to -€4.7m
- Other operating charges -€210,872
down €210,872 (-56.8%), from €371,058 to €160,186
- Financial charges -€96,133
down €96,133 (-29.1%), from €330,193 to €234,059
- Gross operating margin +€73,467
up €73,467 (+26.7%), from -€275,483 to -€202,016
- Financial income +€4,615
new in 2025: €4,615
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 | €24,132,967 | €37,441,243 | +€13.3m | +55.1% |
| Fixed assets | 21/28 | €22,708,155 | €36,677,251 | +€14.0m | +61.5% |
| Tangible fixed assets | 22/27 | €22,708,154 | €36,677,250 | +€14.0m | +61.5% |
| Land and buildings | 22 | €16,578,533 | €19,036,637 | +€2.5m | +14.8% |
| Assets under construction and advance payments | 27 | €6,129,621 | €17,640,613 | +€11.5m | +188% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €1,424,812 | €763,992 | -€660,820 | -46.4% |
| Amounts receivable within one year | 40/41 | €1,316,180 | €411,802 | -€904,377 | -68.7% |
| Trade receivables | 40 | - | €42,236 | +€42,236 | |
| Other amounts receivable | 41 | €1,316,180 | €369,566 | -€946,613 | -71.9% |
| Cash at bank and in hand | 54/58 | €108,632 | €339,229 | +€230,596 | +212% |
| Deferred charges and accrued income | 490/1 | - | €12,961 | +€12,961 | |
| Total equity and liabilities | 10/49 | €24,132,967 | €37,441,243 | +€13.3m | +55.1% |
| Equity | 10/15 | -€4,010,644 | €897,110 | +€4.9m | |
| Contributions | 10/11 | €62,000 | €5,561,400 | +€5.5m | +8,870% |
| Capital | 10 | €62,000 | €5,561,400 | +€5.5m | +8,870% |
| Issued capital | 100 | €62,000 | €5,561,400 | +€5.5m | +8,870% |
| Profit (loss) carried forward | 14 | -€4,072,644 | -€4,664,290 | -€591,647 | -14.5% |
| Amounts payable | 17/49 | €28,143,611 | €36,544,133 | +€8.4m | +29.8% |
| Amounts payable after more than one year | 17 | €17,700,780 | €26,467,643 | +€8.8m | +49.5% |
| Financial debts | 170/4 | €17,700,000 | €26,466,863 | +€8.8m | +49.5% |
| Other amounts payable | 178/9 | €780 | €780 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,349,644 | €9,844,295 | -€505,349 | -4.9% |
| Financial debts | 43 | €9,148,903 | €6,497,611 | -€2.7m | -29.0% |
| Other loans | 439 | €9,148,903 | €6,497,611 | -€2.7m | -29.0% |
| Trade debts | 44 | €886,788 | €3,206,314 | +€2.3m | +262% |
| Suppliers | 440/4 | €886,788 | €3,206,314 | +€2.3m | +262% |
| Taxes, remuneration and social security | 45 | €313,953 | €140,370 | -€173,583 | -55.3% |
| Taxes | 450/3 | €313,953 | €140,370 | -€173,583 | -55.3% |
| Accrued charges and deferred income | 492/3 | €93,188 | €232,196 | +€139,008 | +149% |
| Other operating charges | 640/8 | €371,058 | €160,186 | -€210,872 | -56.8% |
| Gross operating margin | 9900 | -€275,483 | -€202,016 | +€73,467 | +26.7% |
| Operating profit (loss) | 9901 | -€646,541 | -€362,202 | +€284,339 | +44.0% |
| Financial income | 75/76B | - | €4,615 | +€4,615 | |
| Recurring financial income | 75 | - | €4,615 | +€4,615 | |
| Financial charges | 65/66B | €330,193 | €234,059 | -€96,133 | -29.1% |
| Recurring financial charges | 65 | €330,193 | €234,059 | -€96,133 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | -€976,734 | -€591,647 | +€385,087 | +39.4% |
| Profit (loss) for the period | 9904 | -€976,734 | -€591,647 | +€385,087 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€976,734 | -€591,647 | +€385,087 | +39.4% |
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 19 October 2026 via checked.be.