Arabesk-IR: 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.
Arabesk-IR
Largest movements
- Cash +€30,906
up €30,906 (+58.8%), from €52,602 to €83,507
mainly Net result for the year (+€58,432) and Other debts (+€38,339)
- Tangible fixed assets -€25,954
down €25,954 (-15.0%), from €173,132 to €147,178
of which Furniture and vehicles: -€26,182
- Receivables within one year +€2,917
up €2,917 (+14.0%), from €20,877 to €23,795
of which Other amounts receivable: +€2,416
- Other debts +€38,339
up €38,339 (+55.4%), from €69,219 to €107,558
- Debts after one year -€19,771
down €19,771 (-56.6%), from €34,949 to €15,178
- Reserves -€18,308
down €18,308 (-23.9%), from €76,740 to €58,432
- Accrued charges and deferred income +€3,586
up €3,586, from €0 to €3,586
- Gross operating margin +€23,704
up €23,704 (+25.4%), from €93,235 to €116,939
- Taxes +€3,661
up €3,661 (+31.3%), from €11,690 to €15,351
- Financial charges +€3,060
up €3,060 (+146%), from €2,098 to €5,157
- Other operating charges -€1,228
down €1,228 (-46.2%), from €2,656 to €1,429
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 | €250,421 | €256,853 | +€6,432 | +2.6% |
| Fixed assets | 21/28 | €173,132 | €147,178 | -€25,954 | -15.0% |
| Tangible fixed assets | 22/27 | €173,132 | €147,178 | -€25,954 | -15.0% |
| Plant, machinery and equipment | 23 | €1,766 | €11,686 | +€9,919 | +562% |
| Furniture and vehicles | 24 | €75,675 | €49,493 | -€26,182 | -34.6% |
| Other tangible fixed assets | 26 | €95,691 | €86,000 | -€9,691 | -10.1% |
| Current assets | 29/58 | €77,289 | €109,675 | +€32,386 | +41.9% |
| Amounts receivable within one year | 40/41 | €20,877 | €23,795 | +€2,917 | +14.0% |
| Trade receivables | 40 | €20,877 | €21,379 | +€501 | +2.4% |
| Other amounts receivable | 41 | €0 | €2,416 | +€2,416 | |
| Cash at bank and in hand | 54/58 | €52,602 | €83,507 | +€30,906 | +58.8% |
| Deferred charges and accrued income | 490/1 | €3,810 | €2,373 | -€1,437 | -37.7% |
| Total equity and liabilities | 10/49 | €250,421 | €256,853 | +€6,432 | +2.6% |
| Equity | 10/15 | €95,340 | €77,032 | -€18,308 | -19.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,740 | €58,432 | -€18,308 | -23.9% |
| Distributable reserves | 133 | €76,740 | €58,432 | -€18,308 | -23.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €155,081 | €179,821 | +€24,740 | +16.0% |
| Amounts payable after more than one year | 17 | €34,949 | €15,178 | -€19,771 | -56.6% |
| Financial debts | 170/4 | €34,949 | €15,178 | -€19,771 | -56.6% |
| Amounts payable within one year | 42/48 | €120,132 | €161,057 | +€40,925 | +34.1% |
| Current portion of amounts payable after more than one year | 42 | €20,832 | €21,395 | +€563 | +2.7% |
| Trade debts | 44 | €15,033 | €15,867 | +€834 | +5.5% |
| Suppliers | 440/4 | €15,033 | €15,867 | +€834 | +5.5% |
| Taxes, remuneration and social security | 45 | €15,048 | €16,237 | +€1,189 | +7.9% |
| Taxes | 450/3 | €15,048 | €10,937 | -€4,111 | -27.3% |
| Remuneration and social security | 454/9 | €0 | €5,300 | +€5,300 | |
| Other amounts payable | 47/48 | €69,219 | €107,558 | +€38,339 | +55.4% |
| Accrued charges and deferred income | 492/3 | €0 | €3,586 | +€3,586 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,900 | €36,609 | +€709 | +2.0% |
| Other operating charges | 640/8 | €2,656 | €1,429 | -€1,228 | -46.2% |
| Gross operating margin | 9900 | €93,235 | €116,939 | +€23,704 | +25.4% |
| Operating profit (loss) | 9901 | €54,678 | €78,900 | +€24,223 | +44.3% |
| Financial income | 75/76B | €129 | €40 | -€89 | -69.0% |
| Recurring financial income | 75 | €129 | €40 | -€89 | -69.0% |
| Financial charges | 65/66B | €2,098 | €5,157 | +€3,060 | +146% |
| Recurring financial charges | 65 | €2,098 | €5,157 | +€3,060 | +146% |
| Profit (loss) for the period before taxes | 9903 | €52,710 | €73,783 | +€21,074 | +40.0% |
| Income taxes | 67/77 | €11,690 | €15,351 | +€3,661 | +31.3% |
| Profit (loss) for the period | 9904 | €41,020 | €58,432 | +€17,412 | +42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €41,020 | €58,432 | +€17,412 | +42.4% |
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 21 October 2026 via checked.be.