A.R.B.: 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.
A.R.B.
Largest movements
- Cash -€5,569
down €5,569 (-17.1%), from €32,492 to €26,923
mainly Other debts (-€10,954)
- Receivables within one year -€5,152
down €5,152 (-33.3%), from €15,476 to €10,323
- Other debts -€10,954
down €10,954 (-91.7%), from €11,939 to €985
- Gross operating margin +€1,733
up €1,733, from -€1,469 to €264
- Other operating charges -€573
down €573 (-61.4%), from €932 to €360
- Financial income +€303
up €303 (+314%), from €96 to €400
- Depreciation +€32
up €32 (+25.3%), from €127 to €160
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 | €65,720 | €54,839 | -€10,881 | -16.6% |
| Fixed assets | 21/28 | €17,752 | €17,592 | -€160 | -0.9% |
| Tangible fixed assets | 22/27 | €352 | €192 | -€160 | -45.4% |
| Furniture and vehicles | 24 | €352 | €192 | -€160 | -45.4% |
| Financial fixed assets | 28 | €17,400 | €17,400 | = | 0.0% |
| Current assets | 29/58 | €47,968 | €37,247 | -€10,722 | -22.4% |
| Amounts receivable within one year | 40/41 | €15,476 | €10,323 | -€5,152 | -33.3% |
| Other amounts receivable | 41 | €15,476 | €10,323 | -€5,152 | -33.3% |
| Cash at bank and in hand | 54/58 | €32,492 | €26,923 | -€5,569 | -17.1% |
| Total equity and liabilities | 10/49 | €65,720 | €54,839 | -€10,881 | -16.6% |
| Equity | 10/15 | €53,781 | €53,853 | +€72 | +0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €37,314 | €37,314 | = | 0.0% |
| Non-distributable reserves | 130/1 | €570 | €570 | = | 0.0% |
| Reserves not available under the articles | 1311 | €570 | €570 | = | 0.0% |
| Distributable reserves | 133 | €36,744 | €36,744 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,125 | -€2,053 | +€72 | +3.4% |
| Amounts payable | 17/49 | €11,939 | €985 | -€10,954 | -91.7% |
| Amounts payable within one year | 42/48 | €11,939 | €985 | -€10,954 | -91.7% |
| Other amounts payable | 47/48 | €11,939 | €985 | -€10,954 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127 | €160 | +€32 | +25.3% |
| Other operating charges | 640/8 | €932 | €360 | -€573 | -61.4% |
| Gross operating margin | 9900 | -€1,469 | €264 | +€1,733 | |
| Operating profit (loss) | 9901 | -€2,528 | -€255 | +€2,273 | +89.9% |
| Financial income | 75/76B | €96 | €400 | +€303 | +314% |
| Recurring financial income | 75 | €96 | €400 | +€303 | +314% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,499 | €72 | +€2,571 | |
| Profit (loss) for the period | 9904 | -€2,499 | €72 | +€2,571 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,499 | €72 | +€2,571 |
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 13 October 2026 via checked.be.