DA CAPO ARRIGO: 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.
DA CAPO ARRIGO
Largest movements
- Receivables within one year +€22,800
up €22,800 (+53.1%), from €42,940 to €65,740
of which Trade receivables: +€22,800
- Cash -€3,504
down €3,504 (-32.0%), from €10,936 to €7,432
mainly Receivables within one year (-€22,800) and Tax, wage and social debts (-€18,860)
- Profit (loss) carried forward +€43,250
up €43,250 (+47.4%), from -€91,216 to -€47,966
- Tax, wage and social debts -€18,860
down €18,860 (-83.9%), from €22,466 to €3,606
- Other debts -€6,049
down €6,049 (-42.4%), from €14,284 to €8,234
- Gross operating margin +€69,955
up €69,955, from -€26,577 to €43,378
- Other operating charges -€3,048
down €3,048 (-87.3%), from €3,492 to €443
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 | €65,469 | €84,000 | +€18,531 | +28.3% |
| Fixed assets | 21/28 | €11,506 | €10,828 | -€679 | -5.9% |
| Tangible fixed assets | 22/27 | €5,256 | €4,578 | -€679 | -12.9% |
| Furniture and vehicles | 24 | €5,256 | €4,578 | -€679 | -12.9% |
| Financial fixed assets | 28 | €6,250 | €6,250 | = | 0.0% |
| Current assets | 29/58 | €53,963 | €73,173 | +€19,210 | +35.6% |
| Amounts receivable within one year | 40/41 | €42,940 | €65,740 | +€22,800 | +53.1% |
| Trade receivables | 40 | €0 | €22,800 | +€22,800 | |
| Other amounts receivable | 41 | €42,940 | €42,940 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,936 | €7,432 | -€3,504 | -32.0% |
| Deferred charges and accrued income | 490/1 | €87 | €0 | -€87 | -100% |
| Total equity and liabilities | 10/49 | €65,469 | €84,000 | +€18,531 | +28.3% |
| Equity | 10/15 | €27,464 | €70,714 | +€43,250 | +157% |
| Contributions | 10/11 | €16,000 | €16,000 | = | 0.0% |
| Reserves | 13 | €102,680 | €102,680 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €102,680 | €102,680 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,216 | -€47,966 | +€43,250 | +47.4% |
| Amounts payable | 17/49 | €38,005 | €13,286 | -€24,719 | -65.0% |
| Amounts payable within one year | 42/48 | €38,005 | €13,286 | -€24,719 | -65.0% |
| Trade debts | 44 | €1,255 | €1,446 | +€190 | +15.2% |
| Suppliers | 440/4 | €1,255 | €1,446 | +€190 | +15.2% |
| Taxes, remuneration and social security | 45 | €22,466 | €3,606 | -€18,860 | -83.9% |
| Taxes | 450/3 | €22,466 | €3,606 | -€18,860 | -83.9% |
| Other amounts payable | 47/48 | €14,284 | €8,234 | -€6,049 | -42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €597 | €679 | +€81 | +13.6% |
| Other operating charges | 640/8 | €3,492 | €443 | -€3,048 | -87.3% |
| Gross operating margin | 9900 | -€26,577 | €43,378 | +€69,955 | |
| Operating profit (loss) | 9901 | -€30,666 | €42,256 | +€72,922 | |
| Financial income | 75/76B | €1,288 | €1,298 | +€10 | +0.8% |
| Recurring financial income | 75 | €1,288 | €1,298 | +€10 | +0.8% |
| Financial charges | 65/66B | €539 | €304 | -€234 | -43.5% |
| Recurring financial charges | 65 | €539 | €304 | -€234 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | -€29,917 | €43,250 | +€73,167 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€29,917 | €43,250 | +€73,167 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,917 | €43,250 | +€73,167 |
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 31 October 2026 via checked.be.