ARPALICE: 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.
ARPALICE
Largest movements
- Receivables within one year +€105,749
up €105,749 (+626%), from €16,880 to €122,628
of which Trade receivables: +€85,348
- Cash -€83,916
down €83,916 (-95.9%), from €87,542 to €3,627
mainly Contributions, distributions and other (-€143,007) and Receivables within one year (-€105,749)
- Tangible fixed assets +€26,303
new in 2025: €26,303
- Deferred charges and accrued income -€9,607
down €9,607 (-91.7%), from €10,477 to €870
- Other debts +€141,315
up €141,315 (+8,352%), from €1,692 to €143,007
- Profit (loss) carried forward -€100,492
down €100,492 (-100%), from €100,492 to €0
- Gross operating margin +€17,783
up €17,783 (+39.4%), from €45,182 to €62,965
- Taxes +€3,489
up €3,489 (+37.3%), from €9,355 to €12,844
- Other operating charges +€2,785
up €2,785 (+596%), from €467 to €3,253
- Depreciation +€2,596
up €2,596, from €0 to €2,596
- Financial charges +€671
up €671 (+46.2%), from €1,452 to €2,123
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.
Derived cash bridge
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 | €114,898 | €153,427 | +€38,529 | +33.5% |
| Fixed assets | 21/28 | - | €26,303 | +€26,303 | |
| Tangible fixed assets | 22/27 | - | €26,303 | +€26,303 | |
| Other tangible fixed assets | 26 | - | €26,303 | +€26,303 | |
| Current assets | 29/58 | €114,898 | €127,124 | +€12,226 | +10.6% |
| Amounts receivable within one year | 40/41 | €16,880 | €122,628 | +€105,749 | +626% |
| Trade receivables | 40 | €0 | €85,348 | +€85,348 | |
| Other amounts receivable | 41 | €16,880 | €37,280 | +€20,401 | +121% |
| Cash at bank and in hand | 54/58 | €87,542 | €3,627 | -€83,916 | -95.9% |
| Deferred charges and accrued income | 490/1 | €10,477 | €870 | -€9,607 | -91.7% |
| Total equity and liabilities | 10/49 | €114,898 | €153,427 | +€38,529 | +33.5% |
| Equity | 10/15 | €102,492 | €2,000 | -€100,492 | -98.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,492 | €0 | -€100,492 | -100% |
| Amounts payable | 17/49 | €12,406 | €151,427 | +€139,021 | +1,121% |
| Amounts payable within one year | 42/48 | €12,406 | €151,427 | +€139,021 | +1,121% |
| Trade debts | 44 | €1,359 | €257 | -€1,103 | -81.1% |
| Suppliers | 440/4 | €1,359 | €257 | -€1,103 | -81.1% |
| Taxes, remuneration and social security | 45 | €9,355 | €8,164 | -€1,191 | -12.7% |
| Taxes | 450/3 | €9,355 | €8,164 | -€1,191 | -12.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,692 | €143,007 | +€141,315 | +8,352% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €2,596 | +€2,596 | |
| Other operating charges | 640/8 | €467 | €3,253 | +€2,785 | +596% |
| Gross operating margin | 9900 | €45,182 | €62,965 | +€17,783 | +39.4% |
| Operating profit (loss) | 9901 | €44,715 | €57,116 | +€12,401 | +27.7% |
| Financial income | 75/76B | €0 | €366 | +€366 | +3,656,300% |
| Recurring financial income | 75 | €0 | €366 | +€366 | +3,656,300% |
| Financial charges | 65/66B | €1,452 | €2,123 | +€671 | +46.2% |
| Recurring financial charges | 65 | €1,452 | €2,123 | +€671 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | €43,262 | €55,359 | +€12,096 | +28.0% |
| Income taxes | 67/77 | €9,355 | €12,844 | +€3,489 | +37.3% |
| Profit (loss) for the period | 9904 | €33,907 | €42,515 | +€8,608 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,907 | €42,515 | +€8,608 | +25.4% |
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 13 October 2026 via checked.be.