ARREKA: 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.
ARREKA
Largest movements
- Cash -€70,023
down €70,023 (-81.5%), from €85,968 to €15,945
mainly Contributions, distributions and other (-€70,618) and Debts after one year (-€11,846)
- Receivables within one year -€2,500
down €2,500 (-3.9%), from €63,500 to €61,000
- Reserves -€34,138
down €34,138 (-100.0%), from €34,138 to €0
- Debts after one year -€11,846
down €11,846 (-100.0%), from €11,846 to €0
- Tax, wage and social debts -€11,491
down €11,491 (-92.3%), from €12,446 to €955
- Current portion of long-term debt -€11,086
down €11,086 (-48.3%), from €22,931 to €11,846
- Other debts -€3,963
down €3,963 (-5.3%), from €74,581 to €70,618
- Depreciation -€13,850
down €13,850 (-100.0%), from €13,850 to €0
- Gross operating margin -€4,746
down €4,746 (-8.5%), from €55,693 to €50,948
- Financial income -€2,708
down €2,708 (-62.0%), from €4,368 to €1,660
- Taxes +€1,823
up €1,823 (+17.6%), from €10,337 to €12,160
- Financial charges -€978
down €978 (-45.2%), from €2,161 to €1,184
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 | €156,393 | €83,870 | -€72,523 | -46.4% |
| Fixed assets | 21/28 | €6,925 | €6,925 | = | 0.0% |
| Tangible fixed assets | 22/27 | €6,925 | €6,925 | = | 0.0% |
| Land and buildings | 22 | €6,925 | €6,925 | = | 0.0% |
| Current assets | 29/58 | €149,468 | €76,945 | -€72,523 | -48.5% |
| Amounts receivable within one year | 40/41 | €63,500 | €61,000 | -€2,500 | -3.9% |
| Other amounts receivable | 41 | €63,500 | €61,000 | -€2,500 | -3.9% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €85,968 | €15,945 | -€70,023 | -81.5% |
| Total equity and liabilities | 10/49 | €156,393 | €83,870 | -€72,523 | -46.4% |
| Equity | 10/15 | €34,589 | €451 | -€34,138 | -98.7% |
| Contributions | 10/11 | €451 | €451 | = | 0.0% |
| Reserves | 13 | €34,138 | €0 | -€34,138 | -100.0% |
| Distributable reserves | 133 | €34,138 | €0 | -€34,138 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €121,804 | €83,418 | -€38,385 | -31.5% |
| Amounts payable after more than one year | 17 | €11,846 | €0 | -€11,846 | -100.0% |
| Financial debts | 170/4 | €11,846 | €0 | -€11,846 | -100.0% |
| Amounts payable within one year | 42/48 | €109,958 | €83,418 | -€26,540 | -24.1% |
| Current portion of amounts payable after more than one year | 42 | €22,931 | €11,846 | -€11,086 | -48.3% |
| Taxes, remuneration and social security | 45 | €12,446 | €955 | -€11,491 | -92.3% |
| Taxes | 450/3 | €12,446 | €955 | -€11,491 | -92.3% |
| Other amounts payable | 47/48 | €74,581 | €70,618 | -€3,963 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,850 | €0 | -€13,850 | -100.0% |
| Other operating charges | 640/8 | €2,701 | €2,784 | +€83 | +3.1% |
| Gross operating margin | 9900 | €55,693 | €50,948 | -€4,746 | -8.5% |
| Operating profit (loss) | 9901 | €39,142 | €48,163 | +€9,022 | +23.0% |
| Financial income | 75/76B | €4,368 | €1,660 | -€2,708 | -62.0% |
| Recurring financial income | 75 | €4,368 | €1,660 | -€2,708 | -62.0% |
| Financial charges | 65/66B | €2,161 | €1,184 | -€978 | -45.2% |
| Recurring financial charges | 65 | €2,161 | €1,184 | -€978 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €41,349 | €48,640 | +€7,291 | +17.6% |
| Income taxes | 67/77 | €10,337 | €12,160 | +€1,823 | +17.6% |
| Profit (loss) for the period | 9904 | €31,011 | €36,480 | +€5,468 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,011 | €36,480 | +€5,468 | +17.6% |
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 12 October 2026 via checked.be.