ARNORECA: 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.
ARNORECA
Largest movements
- Receivables within one year -€5,943
down €5,943 (-57.3%), from €10,373 to €4,430
of which Other amounts receivable: -€6,152
- Tangible fixed assets -€1,141
down €1,141 (-9.2%), from €12,395 to €11,254
of which Land and buildings: -€2,095
- Deferred charges and accrued income +€849
new in 2024: €849
- Cash +€503
up €503 (+19.0%), from €2,650 to €3,153
mainly Receivables within one year (+€5,943) and Depreciation (+€3,591)
- Other debts -€4,212
down €4,212 (-50.4%), from €8,350 to €4,138
- Trade debts -€1,216
down €1,216 (-88.1%), from €1,381 to €165
- Accrued charges and deferred income -€678
no longer reported in 2024 (was €678)
- Reserves +€430
up €430 (+3.7%), from €11,690 to €12,120
- Gross operating margin -€3,396
down €3,396 (-38.9%), from €8,719 to €5,323
- Depreciation -€1,434
down €1,434 (-28.5%), from €5,025 to €3,591
- Financial charges +€211
up €211 (+466.9%), from €45 to €256
- Taxes +€141
up €141 (+70.5%), from €200 to €341
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 | €25,437 | €19,686 | -€5,751 | -22.6% |
| Fixed assets | 21/28 | €12,414 | €11,254 | -€1,160 | -9.3% |
| Tangible fixed assets | 22/27 | €12,395 | €11,254 | -€1,141 | -9.2% |
| Land and buildings | 22 | €6,534 | €4,439 | -€2,095 | -32.1% |
| Plant, machinery and equipment | 23 | €5,187 | €6,412 | +€1,225 | +23.6% |
| Furniture and vehicles | 24 | €674 | €403 | -€271 | -40.2% |
| Financial fixed assets | 28 | €19 | - | -€19 | |
| Current assets | 29/58 | €13,023 | €8,432 | -€4,591 | -35.3% |
| Amounts receivable within one year | 40/41 | €10,373 | €4,430 | -€5,943 | -57.3% |
| Trade receivables | 40 | €1,213 | €1,422 | +€209 | +17.2% |
| Other amounts receivable | 41 | €9,160 | €3,009 | -€6,152 | -67.2% |
| Cash at bank and in hand | 54/58 | €2,650 | €3,153 | +€503 | +19.0% |
| Deferred charges and accrued income | 490/1 | - | €849 | +€849 | |
| Total equity and liabilities | 10/49 | €25,437 | €19,686 | -€5,751 | -22.6% |
| Equity | 10/15 | €13,578 | €14,134 | +€556 | +4.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,690 | €12,120 | +€430 | +3.7% |
| Distributable reserves | 133 | €11,690 | €12,120 | +€430 | +3.7% |
| Profit (loss) carried forward | 14 | -€112 | €14 | +€126 | |
| Amounts payable | 17/49 | €11,859 | €5,553 | -€6,307 | -53.2% |
| Amounts payable within one year | 42/48 | €11,181 | €5,553 | -€5,629 | -50.3% |
| Trade debts | 44 | €1,381 | €165 | -€1,216 | -88.1% |
| Suppliers | 440/4 | €1,381 | €165 | -€1,216 | -88.1% |
| Taxes, remuneration and social security | 45 | €1,450 | €1,250 | -€200 | -13.8% |
| Taxes | 450/3 | €209 | - | -€209 | |
| Remuneration and social security | 454/9 | €1,242 | €1,250 | +€8 | +0.7% |
| Other amounts payable | 47/48 | €8,350 | €4,138 | -€4,212 | -50.4% |
| Accrued charges and deferred income | 492/3 | €678 | - | -€678 | |
| Non-recurring operating income | 76A | €2,000 | - | -€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,025 | €3,591 | -€1,434 | -28.5% |
| Other operating charges | 640/8 | €570 | €581 | +€12 | +2.1% |
| Non-recurring operating charges | 66A | €1,494 | - | -€1,494 | |
| Gross operating margin | 9900 | €8,719 | €5,323 | -€3,396 | -38.9% |
| Operating profit (loss) | 9901 | €1,631 | €1,151 | -€480 | -29.4% |
| Financial income | 75/76B | €1 | €2 | +€1 | +61.5% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +61.5% |
| Financial charges | 65/66B | €45 | €256 | +€211 | +466.9% |
| Recurring financial charges | 65 | €45 | €256 | +€211 | +466.9% |
| Profit (loss) for the period before taxes | 9903 | €1,587 | €897 | -€690 | -43.5% |
| Income taxes | 67/77 | €200 | €341 | +€141 | +70.5% |
| Profit (loss) for the period | 9904 | €1,387 | €556 | -€831 | -59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,387 | €556 | -€831 | -59.9% |
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 8 October 2026 via checked.be.