ARZU: 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.
ARZU
Largest movements
- Receivables within one year +€35,751
up €35,751 (+126.4%), from €28,280 to €64,031
of which Other amounts receivable: +€33,378
- Deferred charges and accrued income +€21,299
up €21,299 (+16694.6%), from €128 to €21,427
- Tangible fixed assets -€8,787
down €8,787 (-23.3%), from €37,690 to €28,903
of which Furniture and vehicles: -€9,122
- Cash +€6,442
up €6,442 (+1389.4%), from €464 to €6,905
mainly Net result for the year (+€37,647) and Tax, wage and social debts (+€12,846)
- Reserves +€37,647
up €37,647 (+109.1%), from €34,504 to €72,152
of which Distributable reserves: +€37,647
- Tax, wage and social debts +€12,846
up €12,846 (+85.7%), from €14,994 to €27,840
of which Taxes: +€14,063
- Trade debts +€4,346
up €4,346 (+48.7%), from €8,929 to €13,275
- Turnover -€318,440
no longer reported in 2024 (was €318,440)
- Purchases and services -€251,190
no longer reported in 2024 (was €251,190)
- Gross operating margin +€44,453
up €44,453 (+63.9%), from €69,614 to €114,067
- Taxes +€14,172
up €14,172 (+202.5%), from €7,000 to €21,171
- Staff costs +€13,252
up €13,252 (+55.6%), from €23,844 to €37,096
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 | €66,562 | €121,266 | +€54,704 | +82.2% |
| Fixed assets | 21/28 | €37,690 | €28,903 | -€8,787 | -23.3% |
| Tangible fixed assets | 22/27 | €37,690 | €28,903 | -€8,787 | -23.3% |
| Plant, machinery and equipment | 23 | €396 | €1,346 | +€949 | +239.6% |
| Furniture and vehicles | 24 | €33,025 | €23,903 | -€9,122 | -27.6% |
| Other tangible fixed assets | 26 | €4,269 | €3,654 | -€615 | -14.4% |
| Current assets | 29/58 | €28,871 | €92,363 | +€63,492 | +219.9% |
| Amounts receivable within one year | 40/41 | €28,280 | €64,031 | +€35,751 | +126.4% |
| Trade receivables | 40 | €19,676 | €22,049 | +€2,373 | +12.1% |
| Other amounts receivable | 41 | €8,604 | €41,982 | +€33,378 | +387.9% |
| Cash at bank and in hand | 54/58 | €464 | €6,905 | +€6,442 | +1389.4% |
| Deferred charges and accrued income | 490/1 | €128 | €21,427 | +€21,299 | +16694.6% |
| Total equity and liabilities | 10/49 | €66,562 | €121,266 | +€54,704 | +82.2% |
| Equity | 10/15 | €42,504 | €80,152 | +€37,647 | +88.6% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €34,504 | €72,152 | +€37,647 | +109.1% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €32,504 | €70,152 | +€37,647 | +115.8% |
| Amounts payable | 17/49 | €24,057 | €41,114 | +€17,057 | +70.9% |
| Amounts payable within one year | 42/48 | €23,922 | €41,114 | +€17,192 | +71.9% |
| Trade debts | 44 | €8,929 | €13,275 | +€4,346 | +48.7% |
| Suppliers | 440/4 | €8,929 | €13,275 | +€4,346 | +48.7% |
| Taxes, remuneration and social security | 45 | €14,994 | €27,840 | +€12,846 | +85.7% |
| Taxes | 450/3 | €11,607 | €25,671 | +€14,063 | +121.2% |
| Remuneration and social security | 454/9 | €3,387 | €2,169 | -€1,218 | -36.0% |
| Accrued charges and deferred income | 492/3 | €135 | - | -€135 | |
| Turnover | 70 | €318,440 | - | -€318,440 | |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €251,190 | - | -€251,190 | |
| Remuneration, social security and pensions | 62 | €23,844 | €37,096 | +€13,252 | +55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,136 | €11,946 | -€4,190 | -26.0% |
| Other operating charges | 640/8 | €1,243 | €5,727 | +€4,483 | +360.6% |
| Gross operating margin | 9900 | €69,614 | €114,067 | +€44,453 | +63.9% |
| Operating profit (loss) | 9901 | €28,391 | €59,299 | +€30,908 | +108.9% |
| Financial income | 75/76B | €8 | €1,283 | +€1,275 | +16672.0% |
| Recurring financial income | 75 | €8 | €1,283 | +€1,275 | +16672.0% |
| Financial charges | 65/66B | €1,372 | €1,764 | +€392 | +28.5% |
| Recurring financial charges | 65 | €1,372 | €1,764 | +€392 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | €27,027 | €58,818 | +€31,792 | +117.6% |
| Income taxes | 67/77 | €7,000 | €21,171 | +€14,172 | +202.5% |
| Profit (loss) for the period | 9904 | €20,027 | €37,647 | +€17,620 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,027 | €37,647 | +€17,620 | +88.0% |
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.