ARBAMI: 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.
ARBAMI
Largest movements
- Cash +€160,478
up €160,478 (+11,164%), from €1,437 to €161,916
mainly Net result for the year (+€186,831) and Investment in fixed assets (net) (+€55,825)
- Tangible fixed assets -€82,178
down €82,178 (-20.7%), from €397,219 to €315,041
of which Land and buildings: -€94,355
- Receivables within one year -€8,234
down €8,234 (-8.1%), from €101,834 to €93,600
of which Other amounts receivable: -€15,343
- Profit (loss) carried forward +€186,831
new in 2025: €186,831
- Other debts -€116,674
down €116,674 (-98.0%), from €119,013 to €2,339
- Gross operating margin +€227,912
up €227,912, from -€10,720 to €217,192
- Depreciation +€3,486
up €3,486 (+14.8%), from €23,478 to €26,964
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 | €506,090 | €577,270 | +€71,180 | +14.1% |
| Formation expenses | 20 | €2,447 | €1,835 | -€612 | -25.0% |
| Fixed assets | 21/28 | €397,219 | €315,041 | -€82,178 | -20.7% |
| Tangible fixed assets | 22/27 | €397,219 | €315,041 | -€82,178 | -20.7% |
| Land and buildings | 22 | €383,479 | €289,124 | -€94,355 | -24.6% |
| Plant, machinery and equipment | 23 | €10,302 | €10,289 | -€12 | -0.1% |
| Furniture and vehicles | 24 | €3,438 | €15,628 | +€12,190 | +355% |
| Current assets | 29/58 | €106,424 | €260,394 | +€153,969 | +145% |
| Amounts receivable within one year | 40/41 | €101,834 | €93,600 | -€8,234 | -8.1% |
| Trade receivables | 40 | €1,447 | €8,556 | +€7,109 | +491% |
| Other amounts receivable | 41 | €100,387 | €85,044 | -€15,343 | -15.3% |
| Cash at bank and in hand | 54/58 | €1,437 | €161,916 | +€160,478 | +11,164% |
| Deferred charges and accrued income | 490/1 | €3,153 | €4,879 | +€1,726 | +54.7% |
| Total equity and liabilities | 10/49 | €506,090 | €577,270 | +€71,180 | +14.1% |
| Equity | 10/15 | €381,101 | €567,932 | +€186,831 | +49.0% |
| Contributions | 10/11 | €25,688 | €25,688 | = | 0.0% |
| Reserves | 13 | €355,413 | €355,413 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,711 | €13,711 | = | 0.0% |
| Distributable reserves | 133 | €341,702 | €341,702 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €186,831 | +€186,831 | |
| Amounts payable | 17/49 | €124,989 | €9,338 | -€115,651 | -92.5% |
| Amounts payable within one year | 42/48 | €121,428 | €4,052 | -€117,376 | -96.7% |
| Trade debts | 44 | €2,405 | €1,703 | -€702 | -29.2% |
| Suppliers | 440/4 | €2,405 | €1,703 | -€702 | -29.2% |
| Taxes, remuneration and social security | 45 | €11 | €11 | = | 0.0% |
| Taxes | 450/3 | €11 | €11 | = | 0.0% |
| Other amounts payable | 47/48 | €119,013 | €2,339 | -€116,674 | -98.0% |
| Accrued charges and deferred income | 492/3 | €3,560 | €5,285 | +€1,725 | +48.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,478 | €26,964 | +€3,486 | +14.8% |
| Other operating charges | 640/8 | €1,590 | €1,650 | +€60 | +3.8% |
| Gross operating margin | 9900 | -€10,720 | €217,192 | +€227,912 | |
| Operating profit (loss) | 9901 | -€35,788 | €188,578 | +€224,366 | |
| Financial income | 75/76B | €0 | €65 | +€65 | +648,700% |
| Recurring financial income | 75 | €0 | €65 | +€65 | +648,700% |
| Financial charges | 65/66B | €1,919 | €1,812 | -€107 | -5.6% |
| Recurring financial charges | 65 | €1,919 | €1,812 | -€107 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | -€37,707 | €186,831 | +€224,538 | |
| Profit (loss) for the period | 9904 | -€37,707 | €186,831 | +€224,538 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,707 | €186,831 | +€224,538 |
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 15 October 2026 via checked.be.