ARNOCA: 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.
ARNOCA
Largest movements
- Deferred charges and accrued income +€38,067
new in 2025: €38,067
- Cash +€25,687
up €25,687 (+825.1%), from €3,113 to €28,800
mainly Other debts (+€56,532) and Net result for the year (+€49,283)
- Tangible fixed assets +€4,537
up €4,537 (+136.9%), from €3,315 to €7,852
of which Plant, machinery and equipment: +€4,970
- Receivables within one year +€2,235
up €2,235 (+79.0%), from €2,829 to €5,064
- Other debts +€56,532
up €56,532 (+614.8%), from €9,195 to €65,726
- Tax, wage and social debts +€7,714
up €7,714 (+432.9%), from €1,782 to €9,496
of which Taxes: +€5,464
- Profit (loss) carried forward +€3,676
no longer reported in 2025 (was -€3,676)
- Trade debts +€2,247
up €2,247 (+157.8%), from €1,424 to €3,672
- Gross operating margin +€66,641
up €66,641 (+2505.8%), from €2,660 to €69,301
- Taxes +€15,861
new in 2025: €15,861
- Financial charges +€2,047
up €2,047 (+1786.0%), from €115 to €2,162
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 | €9,725 | €79,894 | +€70,169 | +721.5% |
| Formation expenses | 20 | €468 | €112 | -€357 | -76.2% |
| Fixed assets | 21/28 | €3,315 | €7,852 | +€4,537 | +136.9% |
| Tangible fixed assets | 22/27 | €3,315 | €7,852 | +€4,537 | +136.9% |
| Plant, machinery and equipment | 23 | €392 | €5,362 | +€4,970 | +1268.5% |
| Other tangible fixed assets | 26 | €2,923 | €2,490 | -€433 | -14.8% |
| Current assets | 29/58 | €5,942 | €71,931 | +€65,989 | +1110.5% |
| Amounts receivable within one year | 40/41 | €2,829 | €5,064 | +€2,235 | +79.0% |
| Trade receivables | 40 | €2,829 | €5,064 | +€2,235 | +79.0% |
| Cash at bank and in hand | 54/58 | €3,113 | €28,800 | +€25,687 | +825.1% |
| Deferred charges and accrued income | 490/1 | - | €38,067 | +€38,067 | |
| Total equity and liabilities | 10/49 | €9,725 | €79,894 | +€70,169 | +721.5% |
| Equity | 10/15 | -€2,676 | €1,000 | +€3,676 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,676 | - | +€3,676 | |
| Amounts payable | 17/49 | €12,401 | €78,894 | +€66,493 | +536.2% |
| Amounts payable within one year | 42/48 | €12,401 | €78,894 | +€66,493 | +536.2% |
| Trade debts | 44 | €1,424 | €3,672 | +€2,247 | +157.8% |
| Suppliers | 440/4 | €1,424 | €3,672 | +€2,247 | +157.8% |
| Taxes, remuneration and social security | 45 | €1,782 | €9,496 | +€7,714 | +432.9% |
| Taxes | 450/3 | €1,782 | €7,246 | +€5,464 | +306.6% |
| Remuneration and social security | 454/9 | - | €2,250 | +€2,250 | |
| Other amounts payable | 47/48 | €9,195 | €65,726 | +€56,532 | +614.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €912 | €1,402 | +€490 | +53.7% |
| Other operating charges | 640/8 | €384 | €595 | +€211 | +54.9% |
| Gross operating margin | 9900 | €2,660 | €69,301 | +€66,641 | +2505.8% |
| Operating profit (loss) | 9901 | €1,363 | €67,303 | +€65,940 | +4837.8% |
| Financial income | 75/76B | €10 | €2 | -€8 | -75.4% |
| Recurring financial income | 75 | €10 | €2 | -€8 | -75.4% |
| Financial charges | 65/66B | €115 | €2,162 | +€2,047 | +1786.0% |
| Recurring financial charges | 65 | €115 | €2,162 | +€2,047 | +1786.0% |
| Profit (loss) for the period before taxes | 9903 | €1,258 | €65,144 | +€63,885 | +5076.7% |
| Income taxes | 67/77 | - | €15,861 | +€15,861 | |
| Profit (loss) for the period | 9904 | €1,258 | €49,283 | +€48,025 | +3816.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,258 | €49,283 | +€48,025 | +3816.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.