ARWILS: 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.
ARWILS
Largest movements
- Receivables within one year -€73,845
down €73,845 (-55.2%), from €133,755 to €59,910
of which Other amounts receivable: -€76,870
- Cash -€72,703
down €72,703 (-69.1%), from €105,236 to €32,533
mainly Contributions, distributions and other (-€132,500) and Net result for the year (-€31,451)
- Deferred charges and accrued income -€11,250
no longer reported in 2025 (was €11,250)
- Tangible fixed assets -€8,738
down €8,738 (-34.9%), from €25,068 to €16,330
- Reserves -€132,500
down €132,500 (-46.6%), from €284,355 to €151,855
of which Distributable reserves: -€132,500
- Profit (loss) carried forward -€31,451
down €31,451 (-91.9%), from -€34,217 to -€65,668
- Gross operating margin -€33,375
down €33,375, from €8,783 to -€24,592
- Financial income -€6,368
down €6,368 (-69.7%), from €9,131 to €2,763
of which Financial income: -€6,368
- Taxes -€2,916
down €2,916, from €1,304 to -€1,612
- Depreciation +€447
up €447 (+4.5%), from €10,027 to €10,474
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.
Cash bridge derived
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 | €275,309 | €108,773 | -€166,536 | -60.5% |
| Fixed assets | 21/28 | €25,068 | €16,330 | -€8,738 | -34.9% |
| Tangible fixed assets | 22/27 | €25,068 | €16,330 | -€8,738 | -34.9% |
| Furniture and vehicles | 24 | €25,068 | €16,330 | -€8,738 | -34.9% |
| Current assets | 29/58 | €250,241 | €92,443 | -€157,798 | -63.1% |
| Amounts receivable within one year | 40/41 | €133,755 | €59,910 | -€73,845 | -55.2% |
| Trade receivables | 40 | - | €3,025 | +€3,025 | |
| Other amounts receivable | 41 | €133,755 | €56,885 | -€76,870 | -57.5% |
| Cash at bank and in hand | 54/58 | €105,236 | €32,533 | -€72,703 | -69.1% |
| Deferred charges and accrued income | 490/1 | €11,250 | - | -€11,250 | |
| Total equity and liabilities | 10/49 | €275,309 | €108,773 | -€166,536 | -60.5% |
| Equity | 10/15 | €268,688 | €104,737 | -€163,951 | -61.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €284,355 | €151,855 | -€132,500 | -46.6% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €282,500 | €150,000 | -€132,500 | -46.9% |
| Profit (loss) carried forward | 14 | -€34,217 | -€65,668 | -€31,451 | -91.9% |
| Amounts payable | 17/49 | €6,621 | €4,036 | -€2,585 | -39.0% |
| Amounts payable within one year | 42/48 | €6,621 | €4,036 | -€2,585 | -39.0% |
| Trade debts | 44 | €4,308 | €4,036 | -€272 | -6.3% |
| Suppliers | 440/4 | €4,308 | €4,036 | -€272 | -6.3% |
| Taxes, remuneration and social security | 45 | €2,313 | - | -€2,313 | |
| Taxes | 450/3 | €2,313 | - | -€2,313 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,027 | €10,474 | +€447 | +4.5% |
| Other operating charges | 640/8 | €670 | €520 | -€150 | -22.4% |
| Gross operating margin | 9900 | €8,783 | -€24,592 | -€33,375 | |
| Operating profit (loss) | 9901 | -€1,914 | -€35,586 | -€33,672 | -1759.2% |
| Financial income | 75/76B | €9,131 | €2,763 | -€6,368 | -69.7% |
| Recurring financial income | 75 | €9,131 | €2,763 | -€6,368 | -69.7% |
| Non-recurring financial income | 76B | €9,131 | €2,763 | -€6,368 | -69.7% |
| Financial charges | 65/66B | €225 | €240 | +€15 | +6.7% |
| Recurring financial charges | 65 | €225 | €240 | +€15 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €6,992 | -€33,063 | -€40,055 | |
| Income taxes | 67/77 | €1,304 | -€1,612 | -€2,916 | |
| Profit (loss) for the period | 9904 | €5,688 | -€31,451 | -€37,139 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,688 | -€31,451 | -€37,139 |
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 12 October 2026 via checked.be.