ARB-H: 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-H
Largest movements
- Receivables within one year -€18,808
down €18,808 (-34.6%), from €54,317 to €35,509
of which Trade receivables: -€15,195
- Tangible fixed assets +€18,465
new in 2024: €18,465
- Cash -€7,599
down €7,599 (-75.3%), from €10,085 to €2,486
mainly Trade debts (-€25,904) and Investment in fixed assets (net) (-€25,000)
- Trade debts -€25,904
down €25,904 (-84.9%), from €30,522 to €4,618
- Other debts +€11,889
up €11,889 (+149%), from €7,960 to €19,849
- Profit (loss) carried forward +€8,201
up €8,201 (+58.8%), from €13,938 to €22,139
- Tax, wage and social debts -€2,128
down €2,128 (-23.7%), from €8,983 to €6,855
- Gross operating margin -€7,544
down €7,544 (-30.1%), from €25,055 to €17,511
- Depreciation +€6,535
new in 2024: €6,535
- Taxes -€1,235
down €1,235 (-35.2%), from €3,504 to €2,269
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.
Derived cash bridge
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 | €64,402 | €56,461 | -€7,942 | -12.3% |
| Fixed assets | 21/28 | - | €18,465 | +€18,465 | |
| Tangible fixed assets | 22/27 | - | €18,465 | +€18,465 | |
| Furniture and vehicles | 24 | - | €18,465 | +€18,465 | |
| Current assets | 29/58 | €64,402 | €37,995 | -€26,407 | -41.0% |
| Amounts receivable within one year | 40/41 | €54,317 | €35,509 | -€18,808 | -34.6% |
| Trade receivables | 40 | €50,705 | €35,509 | -€15,195 | -30.0% |
| Other amounts receivable | 41 | €3,613 | - | -€3,613 | |
| Cash at bank and in hand | 54/58 | €10,085 | €2,486 | -€7,599 | -75.3% |
| Total equity and liabilities | 10/49 | €64,402 | €56,461 | -€7,942 | -12.3% |
| Equity | 10/15 | €16,938 | €25,139 | +€8,201 | +48.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,938 | €22,139 | +€8,201 | +58.8% |
| Amounts payable | 17/49 | €47,465 | €31,322 | -€16,142 | -34.0% |
| Amounts payable within one year | 42/48 | €47,465 | €31,322 | -€16,142 | -34.0% |
| Trade debts | 44 | €30,522 | €4,618 | -€25,904 | -84.9% |
| Suppliers | 440/4 | €30,522 | €4,618 | -€25,904 | -84.9% |
| Taxes, remuneration and social security | 45 | €8,983 | €6,855 | -€2,128 | -23.7% |
| Taxes | 450/3 | €8,983 | €6,855 | -€2,128 | -23.7% |
| Other amounts payable | 47/48 | €7,960 | €19,849 | +€11,889 | +149% |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,535 | +€6,535 | |
| Other operating charges | 640/8 | - | €154 | +€154 | |
| Non-recurring operating charges | 66A | €5,165 | - | -€5,165 | |
| Gross operating margin | 9900 | €25,055 | €17,511 | -€7,544 | -30.1% |
| Operating profit (loss) | 9901 | €19,890 | €10,823 | -€9,067 | -45.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €238 | €353 | +€115 | +48.2% |
| Recurring financial charges | 65 | €238 | €353 | +€115 | +48.2% |
| Profit (loss) for the period before taxes | 9903 | €19,652 | €10,470 | -€9,182 | -46.7% |
| Income taxes | 67/77 | €3,504 | €2,269 | -€1,235 | -35.2% |
| Profit (loss) for the period | 9904 | €16,148 | €8,201 | -€7,947 | -49.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,148 | €8,201 | -€7,947 | -49.2% |
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 17 October 2026 via checked.be.