Arrazola: 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.
Arrazola
Largest movements
- Cash +€27,062
up €27,062 (+79.0%), from €34,255 to €61,316
mainly Net result for the year (+€29,722) and Trade debts (+€973)
- Receivables within one year +€3,152
up €3,152 (+25.6%), from €12,321 to €15,473
of which Trade receivables: +€2,420
- Reserves +€29,722
up €29,722 (+138%), from €21,504 to €51,226
- Trade debts +€973
up €973 (+304%), from €320 to €1,293
- Gross operating margin +€11,522
up €11,522 (+37.5%), from €30,721 to €42,243
- Taxes +€3,151
up €3,151 (+35.8%), from €8,794 to €11,945
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 | €46,575 | €76,789 | +€30,214 | +64.9% |
| Current assets | 29/58 | €46,575 | €76,789 | +€30,214 | +64.9% |
| Amounts receivable within one year | 40/41 | €12,321 | €15,473 | +€3,152 | +25.6% |
| Trade receivables | 40 | €10,890 | €13,310 | +€2,420 | +22.2% |
| Other amounts receivable | 41 | €1,431 | €2,163 | +€732 | +51.2% |
| Cash at bank and in hand | 54/58 | €34,255 | €61,316 | +€27,062 | +79.0% |
| Total equity and liabilities | 10/49 | €46,575 | €76,789 | +€30,214 | +64.9% |
| Equity | 10/15 | €26,504 | €56,226 | +€29,722 | +112% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €21,504 | €51,226 | +€29,722 | +138% |
| Distributable reserves | 133 | €21,504 | €51,226 | +€29,722 | +138% |
| Amounts payable | 17/49 | €20,071 | €20,563 | +€492 | +2.4% |
| Amounts payable within one year | 42/48 | €20,071 | €20,563 | +€492 | +2.4% |
| Trade debts | 44 | €320 | €1,293 | +€973 | +304% |
| Suppliers | 440/4 | €320 | €1,293 | +€973 | +304% |
| Taxes, remuneration and social security | 45 | €19,751 | €19,270 | -€481 | -2.4% |
| Taxes | 450/3 | €17,323 | €16,842 | -€481 | -2.8% |
| Remuneration and social security | 454/9 | €2,428 | €2,428 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €474 | +€87 | +22.4% |
| Gross operating margin | 9900 | €30,721 | €42,243 | +€11,522 | +37.5% |
| Operating profit (loss) | 9901 | €30,333 | €41,769 | +€11,436 | +37.7% |
| Financial income | 75/76B | €47 | €89 | +€42 | +89.0% |
| Recurring financial income | 75 | €47 | €89 | +€42 | +89.0% |
| Financial charges | 65/66B | €82 | €190 | +€108 | +132% |
| Recurring financial charges | 65 | €82 | €190 | +€108 | +132% |
| Profit (loss) for the period before taxes | 9903 | €30,298 | €41,668 | +€11,370 | +37.5% |
| Income taxes | 67/77 | €8,794 | €11,945 | +€3,151 | +35.8% |
| Profit (loss) for the period | 9904 | €21,504 | €29,722 | +€8,218 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,504 | €29,722 | +€8,218 | +38.2% |
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 22 October 2026 via checked.be.