Arbane: 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.
Arbane
Largest movements
- Tangible fixed assets -€21,579
down €21,579 (-5.3%), from €409,154 to €387,575
- Cash -€11,227
down €11,227 (-48.6%), from €23,084 to €11,857
mainly Debts after one year (-€44,003) and Investment in fixed assets (net) (-€21,557)
- Stocks and contracts -€5,352
down €5,352 (-45.1%), from €11,879 to €6,527
- Deferred charges and accrued income -€5,253
down €5,253 (-94.3%), from €5,572 to €319
- Debts after one year -€44,003
down €44,003 (-13.9%), from €315,469 to €271,466
- Other debts +€7,824
up €7,824 (+15.2%), from €51,490 to €59,314
- Profit (loss) carried forward -€5,059
down €5,059 (-140.2%), from -€3,609 to -€8,668
- Staff costs -€13,500
down €13,500 (-69.9%), from €19,307 to €5,807
- Gross operating margin -€13,140
down €13,140 (-17.5%), from €75,030 to €61,890
- Depreciation +€3,640
up €3,640 (+9.1%), from €39,971 to €43,611
- Other operating charges -€1,075
down €1,075 (-66.0%), from €1,628 to €553
- Financial charges +€829
up €829 (+5.1%), from €16,149 to €16,978
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.
Cash bridge derived
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 | €452,938 | €409,000 | -€43,938 | -9.7% |
| Fixed assets | 21/28 | €410,865 | €388,811 | -€22,054 | -5.4% |
| Intangible fixed assets | 21 | €1,711 | €1,236 | -€475 | -27.8% |
| Tangible fixed assets | 22/27 | €409,154 | €387,575 | -€21,579 | -5.3% |
| Plant, machinery and equipment | 23 | €27,542 | €21,391 | -€6,151 | -22.3% |
| Furniture and vehicles | 24 | €24,905 | €16,184 | -€8,721 | -35.0% |
| Other tangible fixed assets | 26 | €356,708 | €350,000 | -€6,708 | -1.9% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €42,072 | €20,189 | -€21,883 | -52.0% |
| Stocks and contracts in progress | 3 | €11,879 | €6,527 | -€5,352 | -45.1% |
| Stocks | 30/36 | €11,879 | €6,527 | -€5,352 | -45.1% |
| Amounts receivable within one year | 40/41 | €1,537 | €1,486 | -€51 | -3.3% |
| Trade receivables | 40 | €1,503 | €1,486 | -€17 | -1.1% |
| Other amounts receivable | 41 | €35 | - | -€35 | |
| Cash at bank and in hand | 54/58 | €23,084 | €11,857 | -€11,227 | -48.6% |
| Deferred charges and accrued income | 490/1 | €5,572 | €319 | -€5,253 | -94.3% |
| Total equity and liabilities | 10/49 | €452,938 | €409,000 | -€43,938 | -9.7% |
| Equity | 10/15 | €16,391 | €11,332 | -€5,059 | -30.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,609 | -€8,668 | -€5,059 | -140.2% |
| Amounts payable | 17/49 | €436,547 | €397,668 | -€38,879 | -8.9% |
| Amounts payable after more than one year | 17 | €315,469 | €271,466 | -€44,003 | -13.9% |
| Financial debts | 170/4 | €315,469 | €271,466 | -€44,003 | -13.9% |
| Amounts payable within one year | 42/48 | €121,078 | €126,202 | +€5,124 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €44,918 | €47,202 | +€2,284 | +5.1% |
| Trade debts | 44 | €16,948 | €13,935 | -€3,013 | -17.8% |
| Suppliers | 440/4 | €16,948 | €13,935 | -€3,013 | -17.8% |
| Taxes, remuneration and social security | 45 | €7,721 | €5,751 | -€1,970 | -25.5% |
| Taxes | 450/3 | €5,213 | €5,289 | +€76 | +1.5% |
| Remuneration and social security | 454/9 | €2,509 | €462 | -€2,047 | -81.6% |
| Other amounts payable | 47/48 | €51,490 | €59,314 | +€7,824 | +15.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €19,307 | €5,807 | -€13,500 | -69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,971 | €43,611 | +€3,640 | +9.1% |
| Other operating charges | 640/8 | €1,628 | €553 | -€1,075 | -66.0% |
| Gross operating margin | 9900 | €75,030 | €61,890 | -€13,140 | -17.5% |
| Operating profit (loss) | 9901 | €14,124 | €11,919 | -€2,205 | -15.6% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €16,149 | €16,978 | +€829 | +5.1% |
| Recurring financial charges | 65 | €16,149 | €16,978 | +€829 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,016 | -€5,059 | -€3,043 | -150.9% |
| Profit (loss) for the period | 9904 | -€2,016 | -€5,059 | -€3,043 | -150.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,016 | -€5,059 | -€3,043 | -150.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.