ARB CONSTRUCT: 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.
ARB CONSTRUCT
Largest movements
- Receivables within one year +€223,182
up €223,182 (+482.7%), from €46,236 to €269,418
of which Trade receivables: +€195,003
- Cash +€37,063
up €37,063 (+215.6%), from €17,190 to €54,252
mainly Net result for the year (+€129,264) and Trade debts (+€126,099)
- Profit (loss) carried forward +€129,264
up €129,264, from -€7,010 to €122,254
- Trade debts +€126,099
up €126,099 (+1570.8%), from €8,028 to €134,127
- Tax, wage and social debts +€32,728
up €32,728 (+288.4%), from €11,348 to €44,077
of which Taxes: +€27,402
- Other debts -€15,290
down €15,290 (-86.4%), from €17,689 to €2,399
- Debts after one year -€11,847
down €11,847 (-70.1%), from €16,896 to €5,049
- Gross operating margin +€129,239
up €129,239 (+177.5%), from €72,810 to €202,049
- Taxes +€30,830
up €30,830 (+18374.1%), from €168 to €30,998
- Financial charges -€15,513
down €15,513 (-71.6%), from €21,672 to €6,159
- Staff costs +€10,413
up €10,413 (+42.2%), from €24,652 to €35,065
- Other operating charges -€4,318
down €4,318 (-74.3%), from €5,813 to €1,494
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,426 | €324,752 | +€261,327 | +412.0% |
| Fixed assets | 21/28 | - | €1,082 | +€1,082 | |
| Tangible fixed assets | 22/27 | - | €1,082 | +€1,082 | |
| Plant, machinery and equipment | 23 | - | €1,082 | +€1,082 | |
| Current assets | 29/58 | €63,426 | €323,670 | +€260,245 | +410.3% |
| Amounts receivable within one year | 40/41 | €46,236 | €269,418 | +€223,182 | +482.7% |
| Trade receivables | 40 | €36,263 | €231,267 | +€195,003 | +537.7% |
| Other amounts receivable | 41 | €9,972 | €38,151 | +€28,179 | +282.6% |
| Cash at bank and in hand | 54/58 | €17,190 | €54,252 | +€37,063 | +215.6% |
| Total equity and liabilities | 10/49 | €63,426 | €324,752 | +€261,327 | +412.0% |
| Equity | 10/15 | -€2,010 | €127,254 | +€129,264 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,010 | €122,254 | +€129,264 | |
| Amounts payable | 17/49 | €65,435 | €197,498 | +€132,063 | +201.8% |
| Amounts payable after more than one year | 17 | €16,896 | €5,049 | -€11,847 | -70.1% |
| Financial debts | 170/4 | €16,896 | €5,049 | -€11,847 | -70.1% |
| Amounts payable within one year | 42/48 | €48,539 | €192,449 | +€143,909 | +296.5% |
| Current portion of amounts payable after more than one year | 42 | €11,475 | €11,847 | +€372 | +3.2% |
| Trade debts | 44 | €8,028 | €134,127 | +€126,099 | +1570.8% |
| Suppliers | 440/4 | €8,028 | €134,127 | +€126,099 | +1570.8% |
| Taxes, remuneration and social security | 45 | €11,348 | €44,077 | +€32,728 | +288.4% |
| Taxes | 450/3 | €11,315 | €38,718 | +€27,402 | +242.2% |
| Remuneration and social security | 454/9 | €33 | €5,359 | +€5,326 | +16178.4% |
| Other amounts payable | 47/48 | €17,689 | €2,399 | -€15,290 | -86.4% |
| Remuneration, social security and pensions | 62 | €24,652 | €35,065 | +€10,413 | +42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €255 | +€255 | |
| Other operating charges | 640/8 | €5,813 | €1,494 | -€4,318 | -74.3% |
| Gross operating margin | 9900 | €72,810 | €202,049 | +€129,239 | +177.5% |
| Operating profit (loss) | 9901 | €42,346 | €165,235 | +€122,889 | +290.2% |
| Financial income | 75/76B | €263 | €1,186 | +€922 | +350.2% |
| Recurring financial income | 75 | €263 | €1,186 | +€922 | +350.2% |
| Financial charges | 65/66B | €21,672 | €6,159 | -€15,513 | -71.6% |
| Recurring financial charges | 65 | €21,672 | €6,159 | -€15,513 | -71.6% |
| Profit (loss) for the period before taxes | 9903 | €20,937 | €160,262 | +€139,325 | +665.4% |
| Income taxes | 67/77 | €168 | €30,998 | +€30,830 | +18374.1% |
| Profit (loss) for the period | 9904 | €20,770 | €129,264 | +€108,495 | +522.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,770 | €129,264 | +€108,495 | +522.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.