ARBEMA: 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.
ARBEMA
Largest movements
- Receivables within one year -€20,159
down €20,159 (-78.5%), from €25,677 to €5,518
of which Other amounts receivable: -€12,402
- Tangible fixed assets +€14,568
up €14,568 (+27.5%), from €53,065 to €67,633
of which Furniture and vehicles: +€14,979
- Stocks and contracts -€4,518
down €4,518 (-15.6%), from €28,873 to €24,356
- Debts after one year -€19,143
down €19,143 (-55.1%), from €34,742 to €15,599
- Profit (loss) carried forward +€9,552
up €9,552 (+23.6%), from €40,509 to €50,060
- Short-term financial debts -€6,847
down €6,847 (-48.4%), from €14,149 to €7,303
- Trade debts +€4,134
up €4,134 (+94.5%), from €4,373 to €8,507
- Tax, wage and social debts +€1,494
up €1,494 (+64.8%), from €2,306 to €3,800
- Gross operating margin +€11,357
up €11,357 (+53.6%), from €21,183 to €32,540
- Financial charges +€3,271
up €3,271 (+966%), from €339 to €3,609
- Taxes +€1,486
up €1,486 (+128%), from €1,157 to €2,643
- Depreciation +€1,005
up €1,005 (+6.6%), from €15,287 to €16,292
- Financial income +€615
up €615 (+1,140%), from €54 to €669
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 | €110,339 | €100,230 | -€10,108 | -9.2% |
| Fixed assets | 21/28 | €53,065 | €67,633 | +€14,568 | +27.5% |
| Tangible fixed assets | 22/27 | €53,065 | €67,633 | +€14,568 | +27.5% |
| Plant, machinery and equipment | 23 | €895 | €484 | -€411 | -45.9% |
| Furniture and vehicles | 24 | €52,170 | €67,150 | +€14,979 | +28.7% |
| Current assets | 29/58 | €57,274 | €32,597 | -€24,677 | -43.1% |
| Stocks and contracts in progress | 3 | €28,873 | €24,356 | -€4,518 | -15.6% |
| Stocks | 30/36 | €28,873 | €24,356 | -€4,518 | -15.6% |
| Amounts receivable within one year | 40/41 | €25,677 | €5,518 | -€20,159 | -78.5% |
| Trade receivables | 40 | €12,150 | €4,393 | -€7,757 | -63.8% |
| Other amounts receivable | 41 | €13,527 | €1,125 | -€12,402 | -91.7% |
| Cash at bank and in hand | 54/58 | €2,723 | €2,723 | = | 0.0% |
| Total equity and liabilities | 10/49 | €110,339 | €100,230 | -€10,108 | -9.2% |
| Equity | 10/15 | €54,769 | €64,320 | +€9,552 | +17.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,509 | €50,060 | +€9,552 | +23.6% |
| Amounts payable | 17/49 | €55,570 | €35,910 | -€19,660 | -35.4% |
| Amounts payable after more than one year | 17 | €34,742 | €15,599 | -€19,143 | -55.1% |
| Financial debts | 170/4 | €34,742 | €15,599 | -€19,143 | -55.1% |
| Amounts payable within one year | 42/48 | €20,828 | €20,311 | -€517 | -2.5% |
| Financial debts | 43 | €14,149 | €7,303 | -€6,847 | -48.4% |
| Credit institutions | 430/8 | €14,149 | €7,303 | -€6,847 | -48.4% |
| Trade debts | 44 | €4,373 | €8,507 | +€4,134 | +94.5% |
| Suppliers | 440/4 | €4,373 | €8,507 | +€4,134 | +94.5% |
| Taxes, remuneration and social security | 45 | €2,306 | €3,800 | +€1,494 | +64.8% |
| Taxes | 450/3 | €2,306 | €3,800 | +€1,494 | +64.8% |
| Other amounts payable | 47/48 | - | €701 | +€701 | |
| Non-recurring operating income | 76A | - | €15,935 | +€15,935 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,287 | €16,292 | +€1,005 | +6.6% |
| Other operating charges | 640/8 | €1,080 | €1,113 | +€33 | +3.1% |
| Gross operating margin | 9900 | €21,183 | €32,540 | +€11,357 | +53.6% |
| Operating profit (loss) | 9901 | €4,816 | €15,135 | +€10,319 | +214% |
| Financial income | 75/76B | €54 | €669 | +€615 | +1,140% |
| Recurring financial income | 75 | €54 | €669 | +€615 | +1,140% |
| Financial charges | 65/66B | €339 | €3,609 | +€3,271 | +966% |
| Recurring financial charges | 65 | €339 | €3,609 | +€3,271 | +966% |
| Profit (loss) for the period before taxes | 9903 | €4,532 | €12,195 | +€7,663 | +169% |
| Income taxes | 67/77 | €1,157 | €2,643 | +€1,486 | +128% |
| Profit (loss) for the period | 9904 | €3,374 | €9,552 | +€6,177 | +183% |
| Profit (loss) for the period to be appropriated | 9905 | €3,374 | €9,552 | +€6,177 | +183% |
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 22 October 2026 via checked.be.