Arslan: 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.
Arslan
Largest movements
- Cash +€22,062
up €22,062 (+10917.6%), from €202 to €22,264
mainly Advances received (+€33,265) and Net result for the year (+€30,617)
- Receivables within one year -€18,686
down €18,686 (-72.3%), from €25,844 to €7,157
of which Other amounts receivable: -€10,979
- Tangible fixed assets +€16,690
up €16,690 (+85.6%), from €19,507 to €36,197
of which Plant, machinery and equipment: +€14,459
- Trade debts -€54,393
down €54,393 (-45.6%), from €119,186 to €64,793
- Advances received +€33,265
up €33,265 (+4887.7%), from €681 to €33,946
- Reserves +€30,617
up €30,617 (+1646.1%), from €1,860 to €32,477
of which Distributable reserves: +€30,617
- Tax, wage and social debts +€12,366
up €12,366 (+102.7%), from €12,042 to €24,408
- Gross operating margin +€40,815
up €40,815 (+194.9%), from €20,945 to €61,759
- Taxes +€18,285
up €18,285 (+4452.7%), from €411 to €18,695
- Depreciation +€5,248
new in 2024: €5,248
- Other operating charges -€1,357
down €1,357 (-19.4%), from €7,004 to €5,646
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,730 | €250,935 | +€20,205 | +8.8% |
| Fixed assets | 21/28 | €19,507 | €36,197 | +€16,690 | +85.6% |
| Tangible fixed assets | 22/27 | €19,507 | €36,197 | +€16,690 | +85.6% |
| Plant, machinery and equipment | 23 | €17,269 | €31,729 | +€14,459 | +83.7% |
| Furniture and vehicles | 24 | €2,238 | €4,469 | +€2,231 | +99.7% |
| Current assets | 29/58 | €211,223 | €214,738 | +€3,515 | +1.7% |
| Stocks and contracts in progress | 3 | €185,177 | €185,316 | +€139 | +0.1% |
| Stocks | 30/36 | €185,177 | €185,316 | +€139 | +0.1% |
| Amounts receivable within one year | 40/41 | €25,844 | €7,157 | -€18,686 | -72.3% |
| Trade receivables | 40 | €14,849 | €7,142 | -€7,707 | -51.9% |
| Other amounts receivable | 41 | €10,994 | €15 | -€10,979 | -99.9% |
| Cash at bank and in hand | 54/58 | €202 | €22,264 | +€22,062 | +10917.6% |
| Total equity and liabilities | 10/49 | €230,730 | €250,935 | +€20,205 | +8.8% |
| Equity | 10/15 | €81,022 | €111,639 | +€30,617 | +37.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €32,477 | +€30,617 | +1646.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €30,617 | +€30,617 | |
| Profit (loss) carried forward | 14 | €60,562 | €60,562 | = | 0.0% |
| Amounts payable | 17/49 | €149,708 | €139,297 | -€10,412 | -7.0% |
| Amounts payable within one year | 42/48 | €149,708 | €139,297 | -€10,412 | -7.0% |
| Trade debts | 44 | €119,186 | €64,793 | -€54,393 | -45.6% |
| Suppliers | 440/4 | €119,186 | €64,793 | -€54,393 | -45.6% |
| Advances received on contracts in progress | 46 | €681 | €33,946 | +€33,265 | +4887.7% |
| Taxes, remuneration and social security | 45 | €12,042 | €24,408 | +€12,366 | +102.7% |
| Taxes | 450/3 | €12,042 | €24,408 | +€12,366 | +102.7% |
| Other amounts payable | 47/48 | €17,800 | €16,149 | -€1,651 | -9.3% |
| Non-recurring operating income | 76A | €71,000 | - | -€71,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,248 | +€5,248 | |
| Other operating charges | 640/8 | €7,004 | €5,646 | -€1,357 | -19.4% |
| Non-recurring operating charges | 66A | €13,513 | - | -€13,513 | |
| Gross operating margin | 9900 | €20,945 | €61,759 | +€40,815 | +194.9% |
| Operating profit (loss) | 9901 | €429 | €50,865 | +€50,436 | +11766.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,761 | €1,553 | -€208 | -11.8% |
| Recurring financial charges | 65 | €1,761 | €1,553 | -€208 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,332 | €49,312 | +€50,644 | |
| Income taxes | 67/77 | €411 | €18,695 | +€18,285 | +4452.7% |
| Profit (loss) for the period | 9904 | -€1,743 | €30,617 | +€32,359 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,743 | €30,617 | +€32,359 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.