ARSAN: 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.
ARSAN
Largest movements
- Receivables within one year +€5,231
new in 2025: €5,231
- Profit (loss) carried forward +€4,158
up €4,158 (+6.0%), from -€68,940 to -€64,782
- Gross operating margin +€4,158
up €4,158, from €0 to €4,158
- Financial charges -€56
no longer reported in 2025 (was €56)
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 | €71,199 | €76,031 | +€4,831 | +6.8% |
| Fixed assets | 21/28 | €60,734 | €60,734 | = | 0.0% |
| Tangible fixed assets | 22/27 | €60,734 | €60,734 | = | 0.0% |
| Land and buildings | 22 | €60,734 | €60,734 | = | 0.0% |
| Current assets | 29/58 | €10,466 | €15,297 | +€4,831 | +46.2% |
| Amounts receivable within one year | 40/41 | - | €5,231 | +€5,231 | |
| Trade receivables | 40 | - | €5,231 | +€5,231 | |
| Cash at bank and in hand | 54/58 | €10,466 | €10,066 | -€400 | -3.8% |
| Total equity and liabilities | 10/49 | €71,199 | €76,031 | +€4,831 | +6.8% |
| Equity | 10/15 | €35,175 | €39,333 | +€4,158 | +11.8% |
| Contributions | 10/11 | €104,115 | €104,115 | = | 0.0% |
| Capital | 10 | €104,115 | €104,115 | = | 0.0% |
| Issued capital | 100 | €104,115 | €104,115 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,940 | -€64,782 | +€4,158 | +6.0% |
| Amounts payable | 17/49 | €36,024 | €36,698 | +€673 | +1.9% |
| Amounts payable within one year | 42/48 | €36,024 | €36,698 | +€673 | +1.9% |
| Trade debts | 44 | - | €673 | +€673 | |
| Suppliers | 440/4 | - | €673 | +€673 | |
| Other amounts payable | 47/48 | €36,024 | €36,024 | = | 0.0% |
| Gross operating margin | 9900 | €0 | €4,158 | +€4,158 | |
| Operating profit (loss) | 9901 | €0 | €4,158 | +€4,158 | |
| Financial income | 75/76B | €21 | - | -€21 | |
| Recurring financial income | 75 | €21 | - | -€21 | |
| Financial charges | 65/66B | €56 | - | -€56 | |
| Recurring financial charges | 65 | €56 | - | -€56 | |
| Profit (loss) for the period before taxes | 9903 | -€35 | €4,158 | +€4,193 | |
| Income taxes | 67/77 | €6 | - | -€6 | |
| Profit (loss) for the period | 9904 | -€41 | €4,158 | +€4,199 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41 | €4,158 | +€4,199 |
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 19 October 2026 via checked.be.