ARUNAS: 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.
What changed
ARUNAS
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€321,493
2024 · €449,349-€127,856
Equity
€4.6m
2024 · €4.2m+€321,493
Cash
€0
2024 · €98,599-€98,599
Balance sheet total
€5.2m
2024 · €5.5m-€297,700
Largest movements
Assets
- Deferred charges and accrued income -€1.3m
down €1.3m (-100%), from €1.3m to €0
- Receivables within one year +€1.2m
up €1.2m (+413%), from €299,978 to €1.5m
of which Other amounts receivable: +€1.2m
- Cash -€98,599
down €98,599 (-100%), from €98,599 to €0
mainly Receivables within one year (-€1.2m) and Debts after one year (-€491,186)
- Tangible fixed assets -€87,585
down €87,585 (-7.3%), from €1.2m to €1.1m
Equity and liabilities
- Debts after one year -€491,186
down €491,186 (-79.3%), from €619,090 to €127,904
- Reserves +€277,035
up €277,035 (+16.0%), from €1.7m to €2.0m
of which Tax-exempt reserves: +€189,450
- Profit (loss) carried forward +€132,043
up €132,043 (+16.2%), from -€815,246 to -€683,202
- Revaluation surpluses -€87,585
down €87,585 (-7.7%), from €1.1m to €1.1m
- Tax, wage and social debts -€61,123
down €61,123 (-48.7%), from €125,571 to €64,448
Income statement
- Other operating income +€240,289
up €240,289 (+1,427%), from €16,838 to €257,128
- Services and other goods -€205,435
down €205,435 (-91.3%), from €224,963 to €19,529
- Depreciation -€49,333
down €49,333 (-36.0%), from €136,918 to €87,585
- Taxes -€47,713
down €47,713 (-30.4%), from €157,162 to €109,448
- Financial income +€23,630
up €23,630 (+217%), from €10,869 to €34,499
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.
Result 2024
€449,349
Turnover
-€1,709
Other operating income
+€240,289
Services and other goods
+€205,435
Depreciation
+€49,333
Other operating charges
+€6,497
Other operating items
-€779,840
Financial income
+€23,630
Financial charges
+€19,524
Taxes
+€47,713
Deferred taxes and other
+€61,271
Result 2025
€321,493
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€469,963
Investment
€0
Financing
-€568,562
Cash 2024
€98,599
From operations (derived)
+€469,963
Net result for the year
+€321,493
Depreciation
+€87,585
Receivables within one year
-€1.2m
Deferred charges and accrued income
+€1.3m
Trade debts
-€14,214
Tax, wage and social debts
-€61,123
Other debts
+€25,000
Accrued charges and deferred income
-€295
Financing
-€568,562
Debts after one year
-€491,186
Current portion of long-term debt
-€56,676
Short-term financial debts
-€20,700
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,525,595 | €5,227,895 | -€297,700 | -5.4% |
| Fixed assets | 21/28 | €3,777,296 | €3,689,711 | -€87,585 | -2.3% |
| Tangible fixed assets | 22/27 | €1,194,787 | €1,107,202 | -€87,585 | -7.3% |
| Land and buildings | 22 | €1,194,787 | €1,107,202 | -€87,585 | -7.3% |
| Financial fixed assets | 28 | €2,582,509 | €2,582,509 | = | 0.0% |
| Affiliated companies | 280/1 | €2,582,509 | €2,582,509 | = | 0.0% |
| Participating interests | 280 | €2,582,509 | €2,582,509 | = | 0.0% |
| Current assets | 29/58 | €1,748,299 | €1,538,184 | -€210,116 | -12.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €299,978 | €1,538,184 | +€1.2m | +413% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €299,978 | €1,538,184 | +€1.2m | +413% |
| Cash at bank and in hand | 54/58 | €98,599 | €0 | -€98,599 | -100% |
| Deferred charges and accrued income | 490/1 | €1,349,722 | €0 | -€1.3m | -100% |
| Total equity and liabilities | 10/49 | €5,525,595 | €5,227,895 | -€297,700 | -5.4% |
| Equity | 10/15 | €4,249,992 | €4,571,485 | +€321,493 | +7.6% |
| Contributions | 10/11 | €2,198,338 | €2,198,338 | = | 0.0% |
| Capital | 10 | €2,198,338 | €2,198,338 | = | 0.0% |
| Issued capital | 100 | €2,198,338 | €2,198,338 | = | 0.0% |
| Revaluation surpluses | 12 | €1,138,600 | €1,051,015 | -€87,585 | -7.7% |
| Reserves | 13 | €1,728,300 | €2,005,335 | +€277,035 | +16.0% |
| Non-distributable reserves | 130/1 | €3,373 | €3,373 | = | 0.0% |
| Legal reserve | 130 | €3,373 | €3,373 | = | 0.0% |
| Tax-exempt reserves | 132 | €651,850 | €841,300 | +€189,450 | +29.1% |
| Distributable reserves | 133 | €1,073,077 | €1,160,662 | +€87,585 | +8.2% |
| Profit (loss) carried forward | 14 | -€815,246 | -€683,202 | +€132,043 | +16.2% |
| Provisions and deferred taxes | 16 | €194,960 | €194,960 | = | 0.0% |
| Deferred taxes | 168 | €194,960 | €194,960 | = | 0.0% |
| Amounts payable | 17/49 | €1,080,643 | €461,450 | -€619,194 | -57.3% |
| Amounts payable after more than one year | 17 | €619,090 | €127,904 | -€491,186 | -79.3% |
| Financial debts | 170/4 | €619,090 | €127,904 | -€491,186 | -79.3% |
| Credit institutions | 173 | €619,090 | €127,904 | -€491,186 | -79.3% |
| Amounts payable within one year | 42/48 | €456,553 | €328,840 | -€127,713 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €109,283 | €52,607 | -€56,676 | -51.9% |
| Financial debts | 43 | €20,700 | €0 | -€20,700 | -100% |
| Credit institutions | 430/8 | €20,700 | €0 | -€20,700 | -100% |
| Trade debts | 44 | €180,999 | €166,785 | -€14,214 | -7.9% |
| Suppliers | 440/4 | €180,999 | €166,785 | -€14,214 | -7.9% |
| Taxes, remuneration and social security | 45 | €125,571 | €64,448 | -€61,123 | -48.7% |
| Taxes | 450/3 | €125,571 | €64,448 | -€61,123 | -48.7% |
| Other amounts payable | 47/48 | €20,000 | €45,000 | +€25,000 | +125% |
| Accrued charges and deferred income | 492/3 | €5,000 | €4,705 | -€295 | -5.9% |
| Operating income | 70/76A | €1,066,941 | €525,682 | -€541,259 | -50.7% |
| Turnover | 70 | €270,263 | €268,554 | -€1,709 | -0.6% |
| Other operating income | 74 | €16,838 | €257,128 | +€240,289 | +1,427% |
| Non-recurring operating income | 76A | €779,840 | €0 | -€779,840 | -100% |
| Operating charges | 60/66A | €383,719 | €122,454 | -€261,265 | -68.1% |
| Services and other goods | 61 | €224,963 | €19,529 | -€205,435 | -91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136,918 | €87,585 | -€49,333 | -36.0% |
| Other operating charges | 640/8 | €21,838 | €15,341 | -€6,497 | -29.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €683,222 | €403,228 | -€279,994 | -41.0% |
| Financial income | 75/76B | €10,869 | €34,499 | +€23,630 | +217% |
| Recurring financial income | 75 | €10,869 | €34,499 | +€23,630 | +217% |
| Income from current assets | 751 | €10,869 | €34,499 | +€23,630 | +217% |
| Financial charges | 65/66B | €26,309 | €6,785 | -€19,524 | -74.2% |
| Recurring financial charges | 65 | €26,309 | €6,785 | -€19,524 | -74.2% |
| Debt charges | 650 | €20,186 | €5,633 | -€14,553 | -72.1% |
| Other financial charges | 652/9 | €6,123 | €1,152 | -€4,971 | -81.2% |
| Profit (loss) for the period before taxes | 9903 | €667,782 | €430,942 | -€236,840 | -35.5% |
| Transfer from deferred taxes | 780 | €133,689 | €0 | -€133,689 | -100% |
| Transfer to deferred taxes | 680 | €194,960 | €0 | -€194,960 | -100% |
| Income taxes | 67/77 | €157,162 | €109,448 | -€47,713 | -30.4% |
| Taxes | 670/3 | €157,162 | €109,448 | -€47,713 | -30.4% |
| Profit (loss) for the period | 9904 | €449,349 | €321,493 | -€127,856 | -28.5% |
| Transfer from tax-exempt reserves | 789 | €401,067 | €0 | -€401,067 | -100% |
| Transfer to tax-exempt reserves | 689 | €614,350 | €189,450 | -€424,900 | -69.2% |
| Profit (loss) for the period to be appropriated | 9905 | €236,066 | €132,043 | -€104,023 | -44.1% |
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 13 October 2026 via checked.be.