ARABTRADIVARIUS: 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.
ARABTRADIVARIUS
Largest movements
- Cash -€31,311
down €31,311 (-53.7%), from €58,354 to €27,043
mainly Net result for the year (-€69,866) and Debts after one year (-€9,653)
- Receivables within one year -€26,692
down €26,692 (-62.5%), from €42,702 to €16,010
of which Trade receivables: -€36,901
- Tangible fixed assets -€14,587
down €14,587 (-5.3%), from €274,209 to €259,622
of which Land and buildings: -€10,728
- Profit (loss) carried forward -€69,866
down €69,866, from €32,324 to -€37,542
- Debts after one year -€9,653
down €9,653 (-16.9%), from €57,097 to €47,444
- Other debts +€7,927
up €7,927 (+60.7%), from €13,065 to €20,992
- Gross operating margin -€100,540
down €100,540, from €50,164 to -€50,376
- Taxes -€4,757
down €4,757 (-71.0%), from €6,700 to €1,943
- Other operating charges -€3,571
down €3,571 (-87.5%), from €4,082 to €511
- Financial charges +€769
up €769 (+45.8%), from €1,680 to €2,449
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 | €376,192 | €302,891 | -€73,301 | -19.5% |
| Fixed assets | 21/28 | €274,209 | €259,622 | -€14,587 | -5.3% |
| Tangible fixed assets | 22/27 | €274,209 | €259,622 | -€14,587 | -5.3% |
| Land and buildings | 22 | €264,696 | €253,968 | -€10,728 | -4.1% |
| Plant, machinery and equipment | 23 | €3,474 | €2,004 | -€1,470 | -42.3% |
| Furniture and vehicles | 24 | €6,039 | €3,650 | -€2,389 | -39.6% |
| Current assets | 29/58 | €101,983 | €43,269 | -€58,714 | -57.6% |
| Amounts receivable within one year | 40/41 | €42,702 | €16,010 | -€26,692 | -62.5% |
| Trade receivables | 40 | €42,327 | €5,426 | -€36,901 | -87.2% |
| Other amounts receivable | 41 | €375 | €10,584 | +€10,209 | +2,722% |
| Cash at bank and in hand | 54/58 | €58,354 | €27,043 | -€31,311 | -53.7% |
| Deferred charges and accrued income | 490/1 | €927 | €216 | -€711 | -76.7% |
| Total equity and liabilities | 10/49 | €376,192 | €302,891 | -€73,301 | -19.5% |
| Equity | 10/15 | €287,059 | €217,193 | -€69,866 | -24.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €154,735 | €154,735 | = | 0.0% |
| Distributable reserves | 133 | €154,735 | €154,735 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,324 | -€37,542 | -€69,866 | |
| Amounts payable | 17/49 | €89,133 | €85,698 | -€3,435 | -3.9% |
| Amounts payable after more than one year | 17 | €57,097 | €47,444 | -€9,653 | -16.9% |
| Financial debts | 170/4 | €57,097 | €47,444 | -€9,653 | -16.9% |
| Amounts payable within one year | 42/48 | €32,036 | €38,254 | +€6,218 | +19.4% |
| Current portion of amounts payable after more than one year | 42 | €10,351 | €10,098 | -€253 | -2.4% |
| Trade debts | 44 | €3,774 | €550 | -€3,224 | -85.4% |
| Suppliers | 440/4 | €3,774 | €550 | -€3,224 | -85.4% |
| Taxes, remuneration and social security | 45 | €4,846 | €6,614 | +€1,768 | +36.5% |
| Taxes | 450/3 | €4,846 | €6,614 | +€1,768 | +36.5% |
| Other amounts payable | 47/48 | €13,065 | €20,992 | +€7,927 | +60.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,607 | €14,587 | -€20 | -0.1% |
| Other operating charges | 640/8 | €4,082 | €511 | -€3,571 | -87.5% |
| Gross operating margin | 9900 | €50,164 | -€50,376 | -€100,540 | |
| Operating profit (loss) | 9901 | €31,475 | -€65,474 | -€96,949 | |
| Financial charges | 65/66B | €1,680 | €2,449 | +€769 | +45.8% |
| Recurring financial charges | 65 | €1,680 | €2,449 | +€769 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | €29,795 | -€67,923 | -€97,718 | |
| Income taxes | 67/77 | €6,700 | €1,943 | -€4,757 | -71.0% |
| Profit (loss) for the period | 9904 | €23,095 | -€69,866 | -€92,961 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,095 | -€69,866 | -€92,961 |
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 20 October 2026 via checked.be.