ARRIGO: 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.
ARRIGO
Largest movements
- Cash +€250
up €250 (+28.9%), from €863 to €1,112
mainly Net result for the year (+€18,592) and Trade debts (+€4,940)
- Debts after one year -€20,993
down €20,993 (-20.9%), from €100,315 to €79,322
of which Financial debts: -€29,221
- Profit (loss) carried forward +€18,592
up €18,592 (+7.8%), from -€237,427 to -€218,835
- Trade debts +€4,940
up €4,940 (+221%), from €2,234 to €7,174
- Tax, wage and social debts -€3,724
down €3,724 (-27.8%), from €13,401 to €9,677
- Current portion of long-term debt +€1,409
up €1,409 (+4.9%), from €28,507 to €29,915
- Financial charges -€321,359
down €321,359 (-98.7%), from €325,628 to €4,269
of which Non-recurring financial charges: -€319,999
- Gross operating margin -€9,470
down €9,470 (-24.3%), from €38,927 to €29,458
- Taxes -€2,031
down €2,031 (-24.7%), from €8,228 to €6,197
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 | €3,714 | €3,963 | +€250 | +6.7% |
| Fixed assets | 21/28 | €2,851 | €2,851 | = | 0.0% |
| Financial fixed assets | 28 | €2,851 | €2,851 | = | 0.0% |
| Current assets | 29/58 | €863 | €1,112 | +€250 | +28.9% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €863 | €1,112 | +€250 | +28.9% |
| Total equity and liabilities | 10/49 | €3,714 | €3,963 | +€250 | +6.7% |
| Equity | 10/15 | -€180,356 | -€161,764 | +€18,592 | +10.3% |
| Contributions | 10/11 | €56,200 | €56,200 | = | 0.0% |
| Reserves | 13 | €871 | €871 | = | 0.0% |
| Non-distributable reserves | 130/1 | €871 | €871 | = | 0.0% |
| Reserves not available under the articles | 1311 | €871 | €871 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€237,427 | -€218,835 | +€18,592 | +7.8% |
| Amounts payable | 17/49 | €184,070 | €165,727 | -€18,342 | -10.0% |
| Amounts payable after more than one year | 17 | €100,315 | €79,322 | -€20,993 | -20.9% |
| Financial debts | 170/4 | €64,737 | €35,516 | -€29,221 | -45.1% |
| Other amounts payable | 178/9 | €35,579 | €43,807 | +€8,228 | +23.1% |
| Amounts payable within one year | 42/48 | €83,754 | €86,380 | +€2,626 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €28,507 | €29,915 | +€1,409 | +4.9% |
| Trade debts | 44 | €2,234 | €7,174 | +€4,940 | +221% |
| Suppliers | 440/4 | €2,234 | €7,174 | +€4,940 | +221% |
| Taxes, remuneration and social security | 45 | €13,401 | €9,677 | -€3,724 | -27.8% |
| Taxes | 450/3 | €13,401 | €9,677 | -€3,724 | -27.8% |
| Other amounts payable | 47/48 | €39,613 | €39,613 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €25 | +€25 | |
| Other operating charges | 640/8 | €462 | €400 | -€63 | -13.5% |
| Gross operating margin | 9900 | €38,927 | €29,458 | -€9,470 | -24.3% |
| Operating profit (loss) | 9901 | €38,465 | €29,058 | -€9,407 | -24.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €325,628 | €4,269 | -€321,359 | -98.7% |
| Recurring financial charges | 65 | €5,629 | €4,269 | -€1,360 | -24.2% |
| Non-recurring financial charges | 66B | €319,999 | €0 | -€319,999 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€287,163 | €24,789 | +€311,952 | |
| Income taxes | 67/77 | €8,228 | €6,197 | -€2,031 | -24.7% |
| Profit (loss) for the period | 9904 | -€295,390 | €18,592 | +€313,982 | |
| Profit (loss) for the period to be appropriated | 9905 | -€295,390 | €18,592 | +€313,982 |
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 20 October 2026 via checked.be.