ARVILO: 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.
ARVILO
Largest movements
- Cash +€205,954
up €205,954 (+473%), from €43,520 to €249,474
mainly Current investments (+€162,053) and Net result for the year (+€67,237)
- Current investments -€162,053
down €162,053 (-45.9%), from €353,148 to €191,095
- Receivables within one year -€19,063
down €19,063 (-61.7%), from €30,894 to €11,831
of which Other amounts receivable: -€21,260
- Reserves +€18,006
up €18,006 (+4.3%), from €417,619 to €435,625
of which Distributable reserves: +€18,006
- Other debts +€8,983
new in 2025: €8,983
- Gross operating margin -€16,983
down €16,983 (-14.2%), from €119,326 to €102,343
- Taxes -€6,444
down €6,444 (-15.4%), from €41,822 to €35,378
- Financial income +€2,983
up €2,983 (+71.2%), from €4,188 to €7,171
- Financial charges +€1,261
up €1,261 (+202%), from €625 to €1,887
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 | €451,252 | €475,999 | +€24,746 | +5.5% |
| Fixed assets | 21/28 | €22,411 | €23,599 | +€1,188 | +5.3% |
| Tangible fixed assets | 22/27 | €22,411 | €23,599 | +€1,188 | +5.3% |
| Furniture and vehicles | 24 | €4,637 | €6,934 | +€2,297 | +49.5% |
| Other tangible fixed assets | 26 | €17,774 | €16,665 | -€1,109 | -6.2% |
| Current assets | 29/58 | €428,841 | €452,399 | +€23,558 | +5.5% |
| Amounts receivable within one year | 40/41 | €30,894 | €11,831 | -€19,063 | -61.7% |
| Trade receivables | 40 | €7,380 | €9,576 | +€2,196 | +29.8% |
| Other amounts receivable | 41 | €23,514 | €2,254 | -€21,260 | -90.4% |
| Current investments | 50/53 | €353,148 | €191,095 | -€162,053 | -45.9% |
| Cash at bank and in hand | 54/58 | €43,520 | €249,474 | +€205,954 | +473% |
| Deferred charges and accrued income | 490/1 | €1,279 | - | -€1,279 | |
| Total equity and liabilities | 10/49 | €451,252 | €475,999 | +€24,746 | +5.5% |
| Equity | 10/15 | €423,819 | €441,825 | +€18,006 | +4.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €417,619 | €435,625 | +€18,006 | +4.3% |
| Tax-exempt reserves | 132 | €4,500 | €4,500 | = | 0.0% |
| Distributable reserves | 133 | €413,119 | €431,125 | +€18,006 | +4.4% |
| Amounts payable | 17/49 | €27,433 | €34,174 | +€6,741 | +24.6% |
| Amounts payable within one year | 42/48 | €22,585 | €29,324 | +€6,740 | +29.8% |
| Trade debts | 44 | €11,056 | €10,633 | -€423 | -3.8% |
| Suppliers | 440/4 | €11,056 | €10,633 | -€423 | -3.8% |
| Taxes, remuneration and social security | 45 | €11,529 | €9,709 | -€1,820 | -15.8% |
| Taxes | 450/3 | €11,529 | €9,709 | -€1,820 | -15.8% |
| Other amounts payable | 47/48 | - | €8,983 | +€8,983 | |
| Accrued charges and deferred income | 492/3 | €4,848 | €4,850 | +€1 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,199 | €3,733 | +€535 | +16.7% |
| Other operating charges | 640/8 | €748 | €654 | -€94 | -12.6% |
| Non-recurring operating charges | 66A | €3,125 | €625 | -€2,500 | -80.0% |
| Gross operating margin | 9900 | €119,326 | €102,343 | -€16,983 | -14.2% |
| Operating profit (loss) | 9901 | €112,255 | €97,331 | -€14,924 | -13.3% |
| Financial income | 75/76B | €4,188 | €7,171 | +€2,983 | +71.2% |
| Recurring financial income | 75 | €4,188 | €7,171 | +€2,983 | +71.2% |
| Financial charges | 65/66B | €625 | €1,887 | +€1,261 | +202% |
| Recurring financial charges | 65 | €625 | €1,887 | +€1,261 | +202% |
| Profit (loss) for the period before taxes | 9903 | €115,817 | €102,615 | -€13,202 | -11.4% |
| Income taxes | 67/77 | €41,822 | €35,378 | -€6,444 | -15.4% |
| Profit (loss) for the period | 9904 | €73,995 | €67,237 | -€6,758 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €73,995 | €67,237 | -€6,758 | -9.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.