ARLU: 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.
What changed
ARLU
NACE 43.320, Joinery installation
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€279,221
2024 · €318,881-€39,660
Equity
€6.0m
2024 · €6.1m-€154,779
Cash
€117,889
2024 · €167,135-€49,246
Balance sheet total
€6.5m
2024 · €6.3m+€205,848
Largest movements
Assets
- Tangible fixed assets +€179,553
up €179,553 (+10.1%), from €1.8m to €2.0m
Equity and liabilities
- Other debts +€412,300
up €412,300 (+2862.7%), from €14,402 to €426,702
- Reserves -€155,000
down €155,000 (-4.9%), from €3.2m to €3.0m
Income statement
- Financial income -€71,017
down €71,017 (-25.8%), from €274,943 to €203,926
- Gross operating margin +€62,728
up €62,728 (+27.6%), from €227,605 to €290,332
- Depreciation +€19,531
up €19,531 (+31.5%), from €62,030 to €81,562
- Staff costs +€16,190
up €16,190 (+43.2%), from €37,437 to €53,627
- Taxes -€4,616
down €4,616 (-7.3%), from €63,327 to €58,711
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
€318,881
Gross operating margin
+€62,728
Staff costs
-€16,190
Depreciation
-€19,531
Other operating charges
-€1,585
Financial income
-€71,017
Financial charges
+€1,319
Taxes
+€4,616
Result 2025
€279,221
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
+€686,863
Investment
-€272,985
Financing
-€463,123
Cash 2024
€167,135
From operations (derived)
+€686,863
Net result for the year
+€279,221
Depreciation
+€81,562
Receivables within one year
-€64,876
Deferred charges and accrued income
+€1,206
Trade debts
-€18,545
Tax, wage and social debts
-€1,656
Other debts
+€412,300
Accrued charges and deferred income
-€2,350
Investment (derived)
-€272,985
Investment in fixed assets (net)
-€261,115
Current investments
-€11,871
Financing
-€463,123
Debts after one year
-€16,668
Current portion of long-term debt
-€12,455
Contributions, distributions and other
-€434,000
Cash 2025
€117,889
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,299,274 | €6,505,122 | +€205,848 | +3.3% |
| Fixed assets | 21/28 | €3,926,797 | €4,106,350 | +€179,553 | +4.6% |
| Tangible fixed assets | 22/27 | €1,783,897 | €1,963,450 | +€179,553 | +10.1% |
| Land and buildings | 22 | €1,711,380 | €1,770,817 | +€59,437 | +3.5% |
| Plant, machinery and equipment | 23 | - | €41,994 | +€41,994 | |
| Furniture and vehicles | 24 | €72,517 | €150,639 | +€78,122 | +107.7% |
| Financial fixed assets | 28 | €2,142,900 | €2,142,900 | = | 0.0% |
| Current assets | 29/58 | €2,372,478 | €2,398,772 | +€26,295 | +1.1% |
| Stocks and contracts in progress | 3 | €11,144 | €11,144 | = | 0.0% |
| Stocks | 30/36 | €11,144 | €11,144 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,160,000 | €1,224,876 | +€64,876 | +5.6% |
| Trade receivables | 40 | - | €84,876 | +€84,876 | |
| Other amounts receivable | 41 | €1,160,000 | €1,140,000 | -€20,000 | -1.7% |
| Current investments | 50/53 | €1,024,945 | €1,036,816 | +€11,871 | +1.2% |
| Cash at bank and in hand | 54/58 | €167,135 | €117,889 | -€49,246 | -29.5% |
| Deferred charges and accrued income | 490/1 | €9,254 | €8,048 | -€1,206 | -13.0% |
| Total equity and liabilities | 10/49 | €6,299,274 | €6,505,122 | +€205,848 | +3.3% |
| Equity | 10/15 | €6,133,006 | €5,978,228 | -€154,779 | -2.5% |
| Contributions | 10/11 | €2,205,400 | €2,205,400 | = | 0.0% |
| Reserves | 13 | €3,154,800 | €2,999,800 | -€155,000 | -4.9% |
| Distributable reserves | 133 | €3,154,800 | €2,999,800 | -€155,000 | -4.9% |
| Profit (loss) carried forward | 14 | €772,806 | €773,028 | +€221 | 0.0% |
| Amounts payable | 17/49 | €166,268 | €526,894 | +€360,626 | +216.9% |
| Amounts payable after more than one year | 17 | €62,485 | €45,817 | -€16,668 | -26.7% |
| Financial debts | 170/4 | €62,485 | €45,817 | -€16,668 | -26.7% |
| Amounts payable within one year | 42/48 | €101,433 | €481,077 | +€379,644 | +374.3% |
| Current portion of amounts payable after more than one year | 42 | €29,123 | €16,668 | -€12,455 | -42.8% |
| Trade debts | 44 | €18,673 | €128 | -€18,545 | -99.3% |
| Suppliers | 440/4 | €18,673 | €128 | -€18,545 | -99.3% |
| Taxes, remuneration and social security | 45 | €39,235 | €37,579 | -€1,656 | -4.2% |
| Taxes | 450/3 | €39,235 | €35,096 | -€4,138 | -10.5% |
| Remuneration and social security | 454/9 | - | €2,482 | +€2,482 | |
| Other amounts payable | 47/48 | €14,402 | €426,702 | +€412,300 | +2862.7% |
| Accrued charges and deferred income | 492/3 | €2,350 | - | -€2,350 | |
| Remuneration, social security and pensions | 62 | €37,437 | €53,627 | +€16,190 | +43.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,030 | €81,562 | +€19,531 | +31.5% |
| Other operating charges | 640/8 | €4,720 | €6,306 | +€1,585 | +33.6% |
| Gross operating margin | 9900 | €227,605 | €290,332 | +€62,728 | +27.6% |
| Operating profit (loss) | 9901 | €123,417 | €148,838 | +€25,421 | +20.6% |
| Financial income | 75/76B | €274,943 | €203,926 | -€71,017 | -25.8% |
| Recurring financial income | 75 | €274,943 | €203,926 | -€71,017 | -25.8% |
| Financial charges | 65/66B | €16,151 | €14,832 | -€1,319 | -8.2% |
| Recurring financial charges | 65 | €16,151 | €14,832 | -€1,319 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €382,208 | €337,932 | -€44,277 | -11.6% |
| Income taxes | 67/77 | €63,327 | €58,711 | -€4,616 | -7.3% |
| Profit (loss) for the period | 9904 | €318,881 | €279,221 | -€39,660 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €318,881 | €279,221 | -€39,660 | -12.4% |
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 12 October 2026 via checked.be.