Arbemax: 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.
What changed
Arbemax
NACE 59.140, Motion picture, video and television programme production, sound recording and music publishing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€210,866
2024 · €163,629+€47,237
Equity
€759,723
2024 · €698,857+€60,866
Cash
€175,926
2024 · €131,299+€44,626
Balance sheet total
€1.1m
2024 · €1.1m+€28,990
Largest movements
Assets
- Cash +€44,626
up €44,626 (+34.0%), from €131,299 to €175,926
mainly Net result for the year (+€210,866) and Depreciation (+€53,781)
- Receivables within one year -€18,975
down €18,975 (-29.7%), from €63,793 to €44,817
Equity and liabilities
- Profit (loss) carried forward +€215,412
up €215,412 (+30.5%), from -€706,457 to -€491,046
- Contributions -€150,000
down €150,000 (-11.6%), from €1.3m to €1.1m
- Debts after one year -€51,802
down €51,802 (-27.4%), from €189,293 to €137,491
- Current portion of long-term debt +€44,877
up €44,877 (+255%), from €17,625 to €62,502
- Short-term financial debts -€42,337
no longer reported in 2025 (was €42,337)
Income statement
- Gross operating margin +€63,925
up €63,925 (+10.6%), from €603,887 to €667,812
- Staff costs +€18,576
up €18,576 (+5.2%), from €358,618 to €377,194
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.
Result 2024
€163,629
Gross operating margin
+€63,925
Staff costs
-€18,576
Depreciation
-€319
Other operating charges
+€716
Financial income
+€1,063
Financial charges
+€432
Taxes
-€3
Result 2025
€210,866
raises the resultlowers the result
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.
From operations
+€305,841
Investment
-€61,953
Financing
-€199,262
Cash 2024
€131,299
From operations (derived)
+€305,841
Net result for the year
+€210,866
Depreciation
+€53,781
Stocks and contracts
+€736
Receivables within one year
+€18,975
Deferred charges and accrued income
+€4,097
Trade debts
+€10,059
Tax, wage and social debts
-€629
Accrued charges and deferred income
+€7,956
Investment (derived)
-€61,953
Investment in fixed assets (net)
-€61,953
Financing
-€199,262
Debts after one year
-€51,802
Current portion of long-term debt
+€44,877
Short-term financial debts
-€42,337
Contributions, distributions and other
-€150,000
Cash 2025
€175,926
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,053,476 | €1,082,466 | +€28,990 | +2.8% |
| Formation expenses | 20 | €721 | €293 | -€428 | -59.3% |
| Fixed assets | 21/28 | €819,720 | €828,319 | +€8,599 | +1.0% |
| Intangible fixed assets | 21 | €1,857 | €1,098 | -€759 | -40.9% |
| Tangible fixed assets | 22/27 | €812,462 | €821,821 | +€9,358 | +1.2% |
| Land and buildings | 22 | €627,315 | €616,777 | -€10,538 | -1.7% |
| Plant, machinery and equipment | 23 | €145,363 | €173,651 | +€28,288 | +19.5% |
| Furniture and vehicles | 24 | €33,246 | €25,846 | -€7,400 | -22.3% |
| Leasing and similar rights | 25 | €6,538 | €5,547 | -€991 | -15.2% |
| Financial fixed assets | 28 | €5,400 | €5,400 | = | 0.0% |
| Current assets | 29/58 | €233,035 | €253,854 | +€20,819 | +8.9% |
| Stocks and contracts in progress | 3 | €5,738 | €5,002 | -€736 | -12.8% |
| Stocks | 30/36 | €5,738 | €5,002 | -€736 | -12.8% |
| Amounts receivable within one year | 40/41 | €63,793 | €44,817 | -€18,975 | -29.7% |
| Trade receivables | 40 | €63,793 | €44,817 | -€18,975 | -29.7% |
| Cash at bank and in hand | 54/58 | €131,299 | €175,926 | +€44,626 | +34.0% |
| Deferred charges and accrued income | 490/1 | €32,205 | €28,109 | -€4,097 | -12.7% |
| Total equity and liabilities | 10/49 | €1,053,476 | €1,082,466 | +€28,990 | +2.8% |
| Equity | 10/15 | €698,857 | €759,723 | +€60,866 | +8.7% |
| Contributions | 10/11 | €1,296,600 | €1,146,600 | -€150,000 | -11.6% |
| Revaluation surpluses | 12 | €108,714 | €104,168 | -€4,545 | -4.2% |
| Profit (loss) carried forward | 14 | -€706,457 | -€491,046 | +€215,412 | +30.5% |
| Amounts payable | 17/49 | €354,620 | €322,744 | -€31,876 | -9.0% |
| Amounts payable after more than one year | 17 | €189,293 | €137,491 | -€51,802 | -27.4% |
| Financial debts | 170/4 | €189,293 | €137,491 | -€51,802 | -27.4% |
| Amounts payable within one year | 42/48 | €162,963 | €174,933 | +€11,970 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €17,625 | €62,502 | +€44,877 | +255% |
| Financial debts | 43 | €42,337 | - | -€42,337 | |
| Credit institutions | 430/8 | €42,337 | - | -€42,337 | |
| Trade debts | 44 | €47,595 | €57,655 | +€10,059 | +21.1% |
| Suppliers | 440/4 | €47,595 | €57,655 | +€10,059 | +21.1% |
| Taxes, remuneration and social security | 45 | €51,039 | €50,410 | -€629 | -1.2% |
| Taxes | 450/3 | €16,172 | €13,856 | -€2,316 | -14.3% |
| Remuneration and social security | 454/9 | €34,866 | €36,553 | +€1,687 | +4.8% |
| Other amounts payable | 47/48 | €4,367 | €4,367 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,364 | €10,320 | +€7,956 | +337% |
| Remuneration, social security and pensions | 62 | €358,618 | €377,194 | +€18,576 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,463 | €53,781 | +€319 | +0.6% |
| Other operating charges | 640/8 | €13,396 | €12,680 | -€716 | -5.3% |
| Gross operating margin | 9900 | €603,887 | €667,812 | +€63,925 | +10.6% |
| Operating profit (loss) | 9901 | €178,411 | €224,157 | +€45,746 | +25.6% |
| Financial income | 75/76B | €160 | €1,223 | +€1,063 | +662% |
| Recurring financial income | 75 | €160 | €1,223 | +€1,063 | +662% |
| Financial charges | 65/66B | €14,769 | €14,338 | -€432 | -2.9% |
| Recurring financial charges | 65 | €14,769 | €14,338 | -€432 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €163,802 | €211,042 | +€47,240 | +28.8% |
| Income taxes | 67/77 | €173 | €176 | +€3 | +1.7% |
| Profit (loss) for the period | 9904 | €163,629 | €210,866 | +€47,237 | +28.9% |
| Transfer from tax-exempt reserves | 789 | €4,545 | €4,545 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €168,174 | €215,412 | +€47,237 | +28.1% |
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 17 October 2026 via checked.be.