MORREALE ARNONE: 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.
MORREALE ARNONE
Largest movements
- Tangible fixed assets +€18,405
up €18,405 (+82.7%), from €22,246 to €40,651
of which Furniture and vehicles: +€23,236
- Cash -€7,224
down €7,224 (-88.4%), from €8,175 to €952
mainly Investment in fixed assets (net) (-€26,698) and Tax, wage and social debts (-€5,046)
- Receivables within one year -€3,738
down €3,738 (-98.4%), from €3,799 to €61
- Stocks and contracts -€756
down €756 (-23.2%), from €3,256 to €2,500
- Deferred charges and accrued income +€464
up €464 (+76.6%), from €605 to €1,069
- Other debts +€12,806
up €12,806 (+481%), from €2,662 to €15,468
- Tax, wage and social debts -€5,046
down €5,046 (-67.0%), from €7,531 to €2,486
- Accrued charges and deferred income -€3,900
down €3,900 (-100%), from €3,900 to €0
- Trade debts +€2,417
up €2,417 (+63.6%), from €3,799 to €6,215
- Profit (loss) carried forward +€874
up €874 (+5.8%), from €15,190 to €16,064
- Other operating charges +€3,719
up €3,719 (+223%), from €1,665 to €5,384
- Gross operating margin -€3,254
down €3,254 (-15.4%), from €21,168 to €17,914
- Depreciation -€2,872
down €2,872 (-25.7%), from €11,165 to €8,293
- Taxes -€1,732
down €1,732 (-56.3%), from €3,078 to €1,347
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 | €38,082 | €45,233 | +€7,151 | +18.8% |
| Fixed assets | 21/28 | €22,246 | €40,651 | +€18,405 | +82.7% |
| Tangible fixed assets | 22/27 | €22,246 | €40,651 | +€18,405 | +82.7% |
| Land and buildings | 22 | €3,916 | €2,348 | -€1,567 | -40.0% |
| Plant, machinery and equipment | 23 | €13,683 | €10,419 | -€3,264 | -23.9% |
| Furniture and vehicles | 24 | €4,648 | €27,884 | +€23,236 | +500% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €15,835 | €4,582 | -€11,253 | -71.1% |
| Stocks and contracts in progress | 3 | €3,256 | €2,500 | -€756 | -23.2% |
| Stocks | 30/36 | €3,256 | €2,500 | -€756 | -23.2% |
| Amounts receivable within one year | 40/41 | €3,799 | €61 | -€3,738 | -98.4% |
| Other amounts receivable | 41 | €3,799 | €61 | -€3,738 | -98.4% |
| Cash at bank and in hand | 54/58 | €8,175 | €952 | -€7,224 | -88.4% |
| Deferred charges and accrued income | 490/1 | €605 | €1,069 | +€464 | +76.6% |
| Total equity and liabilities | 10/49 | €38,082 | €45,233 | +€7,151 | +18.8% |
| Equity | 10/15 | €20,190 | €21,064 | +€874 | +4.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,190 | €16,064 | +€874 | +5.8% |
| Amounts payable | 17/49 | €17,892 | €24,169 | +€6,277 | +35.1% |
| Amounts payable within one year | 42/48 | €13,992 | €24,169 | +€10,177 | +72.7% |
| Trade debts | 44 | €3,799 | €6,215 | +€2,417 | +63.6% |
| Suppliers | 440/4 | €3,799 | €6,215 | +€2,417 | +63.6% |
| Taxes, remuneration and social security | 45 | €7,531 | €2,486 | -€5,046 | -67.0% |
| Taxes | 450/3 | €7,531 | €2,486 | -€5,046 | -67.0% |
| Other amounts payable | 47/48 | €2,662 | €15,468 | +€12,806 | +481% |
| Accrued charges and deferred income | 492/3 | €3,900 | €0 | -€3,900 | -100% |
| Non-recurring operating income | 76A | €715 | €4,708 | +€3,993 | +559% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,165 | €8,293 | -€2,872 | -25.7% |
| Other operating charges | 640/8 | €1,665 | €5,384 | +€3,719 | +223% |
| Non-recurring operating charges | 66A | - | €387 | +€387 | |
| Gross operating margin | 9900 | €21,168 | €17,914 | -€3,254 | -15.4% |
| Operating profit (loss) | 9901 | €8,338 | €3,850 | -€4,489 | -53.8% |
| Financial income | 75/76B | €0 | €6 | +€6 | +60,500% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +60,500% |
| Financial charges | 65/66B | €662 | €835 | +€173 | +26.1% |
| Recurring financial charges | 65 | €662 | €835 | +€173 | +26.1% |
| Profit (loss) for the period before taxes | 9903 | €7,676 | €3,021 | -€4,655 | -60.6% |
| Income taxes | 67/77 | €3,078 | €1,347 | -€1,732 | -56.3% |
| Profit (loss) for the period | 9904 | €4,598 | €1,674 | -€2,924 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,598 | €1,674 | -€2,924 | -63.6% |
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 24 October 2026 via checked.be.