ARBAFid: what changed
Two fiscal 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.
ARBAFid
Largest movements
- Receivables within one year -€69,696
down €69,696 (-88.6%), from €78,683 to €8,987
of which Other amounts receivable: -€66,985
- Tangible fixed assets +€44,665
up €44,665 (+261.2%), from €17,097 to €61,762
of which Furniture and vehicles: +€42,701
- Cash -€26,201
down €26,201 (-17.3%), from €151,411 to €125,210
mainly Contributions, distributions and other (-€90,000) and Investment in fixed assets (net) (-€59,147)
- Tax, wage and social debts -€35,718
down €35,718 (-81.0%), from €44,075 to €8,357
- Profit (loss) carried forward -€23,188
down €23,188 (-34.4%), from €67,383 to €44,195
- Other debts +€6,694
up €6,694 (+7.8%), from €85,907 to €92,601
- Purchases and services +€16,432
up €16,432 (+13.6%), from €121,096 to €137,528
- Turnover -€11,667
down €11,667 (-5.0%), from €231,628 to €219,962
- Gross operating margin -€6,050
down €6,050 (-5.5%), from €110,532 to €104,482
- Depreciation +€5,035
up €5,035 (+52.0%), from €9,685 to €14,721
- Other operating charges +€3,199
up €3,199 (+473.2%), from €676 to €3,875
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 | €247,465 | €196,029 | -€51,436 | -20.8% |
| Formation expenses | 20 | €273 | €35 | -€238 | -87.1% |
| Fixed assets | 21/28 | €17,097 | €61,762 | +€44,665 | +261.2% |
| Tangible fixed assets | 22/27 | €17,097 | €61,762 | +€44,665 | +261.2% |
| Plant, machinery and equipment | 23 | - | €1,963 | +€1,963 | |
| Furniture and vehicles | 24 | €17,097 | €59,799 | +€42,701 | +249.8% |
| Current assets | 29/58 | €230,094 | €134,231 | -€95,862 | -41.7% |
| Amounts receivable within one year | 40/41 | €78,683 | €8,987 | -€69,696 | -88.6% |
| Trade receivables | 40 | €5,683 | €2,972 | -€2,711 | -47.7% |
| Other amounts receivable | 41 | €73,000 | €6,015 | -€66,985 | -91.8% |
| Cash at bank and in hand | 54/58 | €151,411 | €125,210 | -€26,201 | -17.3% |
| Deferred charges and accrued income | 490/1 | - | €34 | +€34 | |
| Total equity and liabilities | 10/49 | €247,465 | €196,029 | -€51,436 | -20.8% |
| Equity | 10/15 | €117,383 | €94,195 | -€23,188 | -19.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,383 | €44,195 | -€23,188 | -34.4% |
| Amounts payable | 17/49 | €130,082 | €101,834 | -€28,248 | -21.7% |
| Amounts payable within one year | 42/48 | €130,082 | €101,834 | -€28,248 | -21.7% |
| Trade debts | 44 | €100 | €876 | +€776 | +776.4% |
| Suppliers | 440/4 | €100 | €876 | +€776 | +776.4% |
| Taxes, remuneration and social security | 45 | €44,075 | €8,357 | -€35,718 | -81.0% |
| Taxes | 450/3 | €44,075 | €8,357 | -€35,718 | -81.0% |
| Other amounts payable | 47/48 | €85,907 | €92,601 | +€6,694 | +7.8% |
| Turnover | 70 | €231,628 | €219,962 | -€11,667 | -5.0% |
| Non-recurring operating income | 76A | - | €8,166 | +€8,166 | |
| Goods, raw materials, services and sundry goods | 60/61 | €121,096 | €137,528 | +€16,432 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,685 | €14,721 | +€5,035 | +52.0% |
| Other operating charges | 640/8 | €676 | €3,875 | +€3,199 | +473.2% |
| Gross operating margin | 9900 | €110,532 | €104,482 | -€6,050 | -5.5% |
| Operating profit (loss) | 9901 | €100,171 | €85,886 | -€14,285 | -14.3% |
| Financial income | 75/76B | €1,285 | €1,048 | -€237 | -18.4% |
| Recurring financial income | 75 | €1,285 | €1,048 | -€237 | -18.4% |
| Financial charges | 65/66B | €40 | €122 | +€82 | +202.3% |
| Recurring financial charges | 65 | €40 | €122 | +€82 | +202.3% |
| Profit (loss) for the period before taxes | 9903 | €101,416 | €86,812 | -€14,603 | -14.4% |
| Income taxes | 67/77 | €20,718 | €20,000 | -€718 | -3.5% |
| Profit (loss) for the period | 9904 | €80,697 | €66,812 | -€13,885 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €80,697 | €66,812 | -€13,885 | -17.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.