ARLUFRA: 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.
ARLUFRA
Largest movements
- Cash -€13,148
down €13,148 (-21.7%), from €60,708 to €47,560
mainly Contributions, distributions and other (-€40,500) and Net result for the year (-€19,921)
- Tangible fixed assets -€6,299
down €6,299 (-67.5%), from €9,331 to €3,032
of which Furniture and vehicles: -€5,538
- Stocks and contracts +€2,000
up €2,000 (+68.8%), from €2,906 to €4,906
- Reserves -€40,500
down €40,500 (-65.3%), from €62,000 to €21,500
- Other debts +€39,153
up €39,153 (+284.5%), from €13,762 to €52,915
- Profit (loss) carried forward -€19,921
new in 2025: -€19,921
- Tax, wage and social debts +€5,100
new in 2025: €5,100
- Gross operating margin -€42,721
down €42,721 (-61.9%), from €69,005 to €26,284
- Staff costs -€9,439
down €9,439 (-18.6%), from €50,839 to €41,400
- Taxes -€7,607
down €7,607, from €3,788 to -€3,819
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 | €78,527 | €61,797 | -€16,729 | -21.3% |
| Fixed assets | 21/28 | €11,406 | €5,107 | -€6,299 | -55.2% |
| Tangible fixed assets | 22/27 | €9,331 | €3,032 | -€6,299 | -67.5% |
| Plant, machinery and equipment | 23 | €3,210 | €2,449 | -€761 | -23.7% |
| Furniture and vehicles | 24 | €6,121 | €583 | -€5,538 | -90.5% |
| Financial fixed assets | 28 | €2,075 | €2,075 | = | 0.0% |
| Current assets | 29/58 | €67,120 | €56,690 | -€10,430 | -15.5% |
| Stocks and contracts in progress | 3 | €2,906 | €4,906 | +€2,000 | +68.8% |
| Stocks | 30/36 | €2,906 | €4,906 | +€2,000 | +68.8% |
| Amounts receivable within one year | 40/41 | €3,506 | €4,224 | +€718 | +20.5% |
| Trade receivables | 40 | €1,979 | €0 | -€1,979 | -100.0% |
| Other amounts receivable | 41 | €1,527 | €4,224 | +€2,697 | +176.6% |
| Cash at bank and in hand | 54/58 | €60,708 | €47,560 | -€13,148 | -21.7% |
| Total equity and liabilities | 10/49 | €78,527 | €61,797 | -€16,729 | -21.3% |
| Equity | 10/15 | €62,000 | €1,579 | -€60,421 | -97.5% |
| Reserves | 13 | €62,000 | €21,500 | -€40,500 | -65.3% |
| Distributable reserves | 133 | €62,000 | €21,500 | -€40,500 | -65.3% |
| Profit (loss) carried forward | 14 | - | -€19,921 | -€19,921 | |
| Amounts payable | 17/49 | €16,527 | €60,218 | +€43,692 | +264.4% |
| Amounts payable within one year | 42/48 | €16,527 | €60,218 | +€43,692 | +264.4% |
| Trade debts | 44 | €2,765 | €2,203 | -€561 | -20.3% |
| Suppliers | 440/4 | €2,765 | €2,203 | -€561 | -20.3% |
| Taxes, remuneration and social security | 45 | - | €5,100 | +€5,100 | |
| Remuneration and social security | 454/9 | - | €5,100 | +€5,100 | |
| Other amounts payable | 47/48 | €13,762 | €52,915 | +€39,153 | +284.5% |
| Remuneration, social security and pensions | 62 | €50,839 | €41,400 | -€9,439 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,304 | €6,800 | +€496 | +7.9% |
| Gross operating margin | 9900 | €69,005 | €26,284 | -€42,721 | -61.9% |
| Operating profit (loss) | 9901 | €11,862 | -€21,916 | -€33,778 | |
| Financial charges | 65/66B | €2,074 | €1,824 | -€250 | -12.0% |
| Recurring financial charges | 65 | €2,074 | €1,824 | -€250 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €9,788 | -€23,740 | -€33,528 | |
| Income taxes | 67/77 | €3,788 | -€3,819 | -€7,607 | |
| Profit (loss) for the period | 9904 | €6,000 | -€19,921 | -€25,921 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,000 | -€19,921 | -€25,921 |
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 1 October 2026 via checked.be.