ARLUCO: 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.
ARLUCO
Largest movements
- Receivables within one year +€42,101
up €42,101 (+216.4%), from €19,451 to €61,551
of which Trade receivables: +€29,820
- Cash -€36,995
down €36,995 (-57.0%), from €64,952 to €27,957
mainly Receivables within one year (-€42,101) and Contributions, distributions and other (-€20,000)
- Tangible fixed assets -€12,119
down €12,119 (-36.5%), from €33,179 to €21,060
of which Leasing and similar rights: -€12,918
- Debts after one year -€12,275
down €12,275 (-70.9%), from €17,314 to €5,039
- Reserves +€10,000
up €10,000 (+32.3%), from €31,000 to €41,000
- Tax, wage and social debts -€3,360
down €3,360 (-9.3%), from €36,029 to €32,670
- Other debts -€2,550
down €2,550 (-13.0%), from €19,550 to €17,000
- Financial charges -€75,970
down €75,970 (-98.7%), from €76,942 to €971
- Gross operating margin -€66,602
down €66,602 (-54.0%), from €123,296 to €56,694
- Taxes +€1,735
up €1,735 (+23.1%), from €7,505 to €9,240
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,492 | €111,706 | -€6,786 | -5.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €33,179 | €21,060 | -€12,119 | -36.5% |
| Tangible fixed assets | 22/27 | €33,179 | €21,060 | -€12,119 | -36.5% |
| Furniture and vehicles | 24 | €2,496 | €3,294 | +€799 | +32.0% |
| Leasing and similar rights | 25 | €30,684 | €17,766 | -€12,918 | -42.1% |
| Current assets | 29/58 | €85,313 | €90,645 | +€5,332 | +6.3% |
| Amounts receivable within one year | 40/41 | €19,451 | €61,551 | +€42,101 | +216.4% |
| Trade receivables | 40 | €18,366 | €48,186 | +€29,820 | +162.4% |
| Other amounts receivable | 41 | €1,085 | €13,366 | +€12,281 | +1131.9% |
| Cash at bank and in hand | 54/58 | €64,952 | €27,957 | -€36,995 | -57.0% |
| Deferred charges and accrued income | 490/1 | €910 | €1,137 | +€227 | +24.9% |
| Total equity and liabilities | 10/49 | €118,492 | €111,706 | -€6,786 | -5.7% |
| Equity | 10/15 | €33,168 | €43,867 | +€10,699 | +32.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €31,000 | €41,000 | +€10,000 | +32.3% |
| Distributable reserves | 133 | €31,000 | €41,000 | +€10,000 | +32.3% |
| Profit (loss) carried forward | 14 | €168 | €867 | +€699 | +414.7% |
| Amounts payable | 17/49 | €85,324 | €67,839 | -€17,485 | -20.5% |
| Amounts payable after more than one year | 17 | €17,314 | €5,039 | -€12,275 | -70.9% |
| Financial debts | 170/4 | €17,314 | €5,039 | -€12,275 | -70.9% |
| Amounts payable within one year | 42/48 | €68,010 | €62,800 | -€5,210 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €10,972 | €11,117 | +€145 | +1.3% |
| Trade debts | 44 | €1,458 | €2,013 | +€554 | +38.0% |
| Suppliers | 440/4 | €1,458 | €2,013 | +€554 | +38.0% |
| Taxes, remuneration and social security | 45 | €36,029 | €32,670 | -€3,360 | -9.3% |
| Taxes | 450/3 | €36,029 | €32,670 | -€3,360 | -9.3% |
| Other amounts payable | 47/48 | €19,550 | €17,000 | -€2,550 | -13.0% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,668 | €14,319 | -€349 | -2.4% |
| Other operating charges | 640/8 | €2,264 | €1,809 | -€455 | -20.1% |
| Gross operating margin | 9900 | €123,296 | €56,694 | -€66,602 | -54.0% |
| Operating profit (loss) | 9901 | €106,364 | €40,566 | -€65,799 | -61.9% |
| Financial income | 75/76B | €556 | €344 | -€212 | -38.2% |
| Recurring financial income | 75 | €556 | €344 | -€212 | -38.2% |
| Financial charges | 65/66B | €76,942 | €971 | -€75,970 | -98.7% |
| Recurring financial charges | 65 | €76,942 | €971 | -€75,970 | -98.7% |
| Profit (loss) for the period before taxes | 9903 | €29,979 | €39,938 | +€9,959 | +33.2% |
| Income taxes | 67/77 | €7,505 | €9,240 | +€1,735 | +23.1% |
| Profit (loss) for the period | 9904 | €22,474 | €30,699 | +€8,224 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,474 | €30,699 | +€8,224 | +36.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.