ARBEXPERT: 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.
ARBEXPERT
Largest movements
- Tangible fixed assets +€4,519
up €4,519 (+285.8%), from €1,581 to €6,100
of which Furniture and vehicles: +€4,394
- Cash -€2,887
down €2,887 (-90.9%), from €3,174 to €288
mainly Trade debts (-€6,507) and Investment in fixed assets (net) (-€6,185)
- Receivables within one year +€1,409
up €1,409 (+30.1%), from €4,685 to €6,093
- Deferred charges and accrued income -€1,118
down €1,118 (-100.0%), from €1,118 to €0
- Trade debts -€6,507
down €6,507 (-58.2%), from €11,171 to €4,664
- Tax, wage and social debts +€3,649
up €3,649 (+213.3%), from €1,711 to €5,360
of which Taxes: +€4,507
- Current portion of long-term debt +€2,206
new in 2024: €2,206
- Other debts +€2,042
up €2,042 (+11.6%), from €17,666 to €19,708
- Profit (loss) carried forward +€533
up €533 (+2.1%), from -€25,990 to -€25,457
- Gross operating margin -€30,829
down €30,829 (-70.3%), from €43,856 to €13,027
- Staff costs -€28,806
down €28,806 (-74.0%), from €38,948 to €10,142
- Depreciation +€1,006
up €1,006 (+152.3%), from €661 to €1,667
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,558 | €12,481 | +€1,923 | +18.2% |
| Fixed assets | 21/28 | €1,581 | €6,100 | +€4,519 | +285.8% |
| Tangible fixed assets | 22/27 | €1,581 | €6,100 | +€4,519 | +285.8% |
| Plant, machinery and equipment | 23 | €1,581 | €1,705 | +€124 | +7.8% |
| Furniture and vehicles | 24 | - | €4,394 | +€4,394 | |
| Current assets | 29/58 | €8,976 | €6,381 | -€2,596 | -28.9% |
| Amounts receivable within one year | 40/41 | €4,685 | €6,093 | +€1,409 | +30.1% |
| Trade receivables | 40 | €4,685 | €6,093 | +€1,409 | +30.1% |
| Cash at bank and in hand | 54/58 | €3,174 | €288 | -€2,887 | -90.9% |
| Deferred charges and accrued income | 490/1 | €1,118 | €0 | -€1,118 | -100.0% |
| Total equity and liabilities | 10/49 | €10,558 | €12,481 | +€1,923 | +18.2% |
| Equity | 10/15 | -€19,990 | -€19,457 | +€533 | +2.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,990 | -€25,457 | +€533 | +2.1% |
| Amounts payable | 17/49 | €30,548 | €31,938 | +€1,390 | +4.6% |
| Amounts payable within one year | 42/48 | €30,548 | €31,938 | +€1,390 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | - | €2,206 | +€2,206 | |
| Trade debts | 44 | €11,171 | €4,664 | -€6,507 | -58.2% |
| Suppliers | 440/4 | €11,171 | €4,664 | -€6,507 | -58.2% |
| Taxes, remuneration and social security | 45 | €1,711 | €5,360 | +€3,649 | +213.3% |
| Taxes | 450/3 | €853 | €5,360 | +€4,507 | +528.4% |
| Remuneration and social security | 454/9 | €858 | €0 | -€858 | -100.0% |
| Other amounts payable | 47/48 | €17,666 | €19,708 | +€2,042 | +11.6% |
| Non-recurring operating income | 76A | - | €14,840 | +€14,840 | |
| Remuneration, social security and pensions | 62 | €38,948 | €10,142 | -€28,806 | -74.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €661 | €1,667 | +€1,006 | +152.3% |
| Other operating charges | 640/8 | €400 | €325 | -€75 | -18.9% |
| Gross operating margin | 9900 | €43,856 | €13,027 | -€30,829 | -70.3% |
| Operating profit (loss) | 9901 | €3,847 | €894 | -€2,953 | -76.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €640 | €361 | -€279 | -43.6% |
| Recurring financial charges | 65 | €640 | €361 | -€279 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €3,207 | €533 | -€2,674 | -83.4% |
| Profit (loss) for the period | 9904 | €3,207 | €533 | -€2,674 | -83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,207 | €533 | -€2,674 | -83.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.