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ARWILL: what changed

Two fiscal 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

ARWILL

BE 0842.405.309
NACE 69.201, Certified accountants and tax accountants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,624
2024 · €2,199+€7,424
Equity
€64,234
2024 · €54,610+€9,624
Cash
€14,676
2024 · €17,972-€3,296
Balance sheet total
€82,626
2024 · €97,330-€14,704

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€6,891

    down €6,891 (-14.0%), from €49,276 to €42,385

  • Receivables within one year -€3,823

    down €3,823 (-13.0%), from €29,376 to €25,553

    of which Other amounts receivable: -€4,186

  • Cash -€3,296

    down €3,296 (-18.3%), from €17,972 to €14,676

    mainly Investment in fixed assets (net) (-€14,578) and Current portion of long-term debt (-€9,456)

Equity and liabilities
  • Reserves +€9,500

    up €9,500 (+43.5%), from €21,860 to €31,360

  • Current portion of long-term debt -€9,456

    down €9,456 (-83.3%), from €11,357 to €1,901

  • Tax, wage and social debts -€6,240

    down €6,240 (-30.2%), from €20,643 to €14,403

    of which Remuneration and social security: -€7,500

  • Other debts -€4,538

    down €4,538 (-69.7%), from €6,511 to €1,973

  • Debts after one year -€1,901

    no longer reported in 2025 (was €1,901)

Income statement
  • Gross operating margin +€14,214

    up €14,214 (+63.2%), from €22,481 to €36,695

  • Depreciation +€3,249

    up €3,249 (+17.8%), from €18,220 to €21,469

  • Taxes +€3,175

    up €3,175 (+276.7%), from €1,148 to €4,323

  • Other operating charges +€410

    up €410 (+74.1%), from €553 to €964

From the 2024 result to the 2025 result

effect on the 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 €2,199
Gross operating margin +€14,214
Depreciation -€3,249
Other operating charges -€410
Financial charges +€44
Taxes -€3,175
Result 2025 €9,624

Cash bridge derived

cash 2024 to 2025

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 +€21,945
Investment -€13,884
Financing -€11,357
Cash 2024 €17,972
Net result for the year +€9,624
Depreciation +€21,469
Receivables within one year +€3,823
Trade debts -€1,694
Tax, wage and social debts -€6,240
Other debts -€4,538
Accrued charges and deferred income -€500
Investment in fixed assets (net) -€14,578
Current investments +€694
Debts after one year -€1,901
Current portion of long-term debt -€9,456
Cash 2025 €14,676
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €97,330 €82,626 -€14,704 -15.1%
Fixed assets 21/28 €49,276 €42,385 -€6,891 -14.0%
Tangible fixed assets 22/27 €49,276 €42,385 -€6,891 -14.0%
Furniture and vehicles 24 €49,276 €42,385 -€6,891 -14.0%
Current assets 29/58 €48,054 €40,241 -€7,813 -16.3%
Amounts receivable within one year 40/41 €29,376 €25,553 -€3,823 -13.0%
Trade receivables 40 €24,563 €24,926 +€363 +1.5%
Other amounts receivable 41 €4,813 €627 -€4,186 -87.0%
Current investments 50/53 €706 €13 -€694 -98.2%
Cash at bank and in hand 54/58 €17,972 €14,676 -€3,296 -18.3%
Total equity and liabilities 10/49 €97,330 €82,626 -€14,704 -15.1%
Equity 10/15 €54,610 €64,234 +€9,624 +17.6%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €21,860 €31,360 +€9,500 +43.5%
Distributable reserves 133 €21,860 €31,360 +€9,500 +43.5%
Profit (loss) carried forward 14 €26,550 €26,674 +€124 +0.5%
Amounts payable 17/49 €42,720 €18,392 -€24,328 -56.9%
Amounts payable after more than one year 17 €1,901 - -€1,901
Financial debts 170/4 €1,901 - -€1,901
Amounts payable within one year 42/48 €40,319 €18,392 -€21,927 -54.4%
Current portion of amounts payable after more than one year 42 €11,357 €1,901 -€9,456 -83.3%
Trade debts 44 €1,809 €115 -€1,694 -93.6%
Suppliers 440/4 €1,809 €115 -€1,694 -93.6%
Taxes, remuneration and social security 45 €20,643 €14,403 -€6,240 -30.2%
Taxes 450/3 €10,643 €11,903 +€1,260 +11.8%
Remuneration and social security 454/9 €10,000 €2,500 -€7,500 -75.0%
Other amounts payable 47/48 €6,511 €1,973 -€4,538 -69.7%
Accrued charges and deferred income 492/3 €500 - -€500
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,220 €21,469 +€3,249 +17.8%
Other operating charges 640/8 €553 €964 +€410 +74.1%
Gross operating margin 9900 €22,481 €36,695 +€14,214 +63.2%
Operating profit (loss) 9901 €3,707 €14,262 +€10,555 +284.8%
Financial charges 65/66B €360 €315 -€44 -12.3%
Recurring financial charges 65 €360 €315 -€44 -12.3%
Profit (loss) for the period before taxes 9903 €3,347 €13,947 +€10,600 +316.7%
Income taxes 67/77 €1,148 €4,323 +€3,175 +276.7%
Profit (loss) for the period 9904 €2,199 €9,624 +€7,424 +337.6%
Profit (loss) for the period to be appropriated 9905 €2,199 €9,624 +€7,424 +337.6%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.