ARBECO: 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.
ARBECO
Largest movements
- Receivables within one year -€10,826
no longer reported in 2025 (was €10,826)
of which Trade receivables: -€7,210
- Profit (loss) carried forward -€8,096
down €8,096 (-0.1%), from -€5.4m to -€5.4m
- Trade debts -€3,188
down €3,188 (-67.0%), from €4,761 to €1,573
- Financial charges +€3,828
up €3,828 (+1,563%), from €245 to €4,073
- Gross operating margin -€1,573
down €1,573 (-82.5%), from -€1,906 to -€3,479
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 | €92,120 | €80,791 | -€11,329 | -12.3% |
| Current assets | 29/58 | €92,120 | €80,791 | -€11,329 | -12.3% |
| Amounts receivable within one year | 40/41 | €10,826 | - | -€10,826 | |
| Trade receivables | 40 | €7,210 | - | -€7,210 | |
| Other amounts receivable | 41 | €3,616 | - | -€3,616 | |
| Cash at bank and in hand | 54/58 | €81,294 | €80,791 | -€503 | -0.6% |
| Total equity and liabilities | 10/49 | €92,120 | €80,791 | -€11,329 | -12.3% |
| Equity | 10/15 | €87,314 | €79,218 | -€8,096 | -9.3% |
| Contributions | 10/11 | €5,500,000 | €5,500,000 | = | 0.0% |
| Capital | 10 | €5,500,000 | €5,500,000 | = | 0.0% |
| Issued capital | 100 | €5,500,000 | €5,500,000 | = | 0.0% |
| Reserves | 13 | €108 | €108 | = | 0.0% |
| Non-distributable reserves | 130/1 | €108 | €108 | = | 0.0% |
| Legal reserve | 130 | €108 | €108 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,412,794 | -€5,420,890 | -€8,096 | -0.1% |
| Amounts payable | 17/49 | €4,806 | €1,573 | -€3,233 | -67.3% |
| Amounts payable within one year | 42/48 | €4,761 | €1,573 | -€3,188 | -67.0% |
| Trade debts | 44 | €4,761 | €1,573 | -€3,188 | -67.0% |
| Suppliers | 440/4 | €4,761 | €1,573 | -€3,188 | -67.0% |
| Accrued charges and deferred income | 492/3 | €45 | - | -€45 | |
| Other operating charges | 640/8 | €578 | €544 | -€34 | -5.9% |
| Gross operating margin | 9900 | -€1,906 | -€3,479 | -€1,573 | -82.5% |
| Operating profit (loss) | 9901 | -€2,484 | -€4,023 | -€1,539 | -62.0% |
| Financial charges | 65/66B | €245 | €4,073 | +€3,828 | +1,563% |
| Recurring financial charges | 65 | €245 | €4,073 | +€3,828 | +1,563% |
| Profit (loss) for the period before taxes | 9903 | -€2,729 | -€8,096 | -€5,367 | -197% |
| Profit (loss) for the period | 9904 | -€2,729 | -€8,096 | -€5,367 | -197% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,729 | -€8,096 | -€5,367 | -197% |
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 13 October 2026 via checked.be.