ARBIE: 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.
ARBIE
Largest movements
- Receivables within one year +€94,160
up €94,160 (+63.6%), from €148,068 to €242,228
of which Trade receivables: +€96,936
- Cash +€9,839
up €9,839 (+2.3%), from €429,932 to €439,771
mainly Net result for the year (+€87,160) and Tax, wage and social debts (+€20,397)
- Reserves +€87,160
up €87,160 (+22.5%), from €386,634 to €473,795
of which Distributable reserves: +€87,160
- Tax, wage and social debts +€20,397
up €20,397 (+73.6%), from €27,728 to €48,125
- Taxes +€7,676
up €7,676 (+21.7%), from €35,390 to €43,066
- Gross operating margin +€5,717
up €5,717 (+5.0%), from €113,374 to €119,090
- Financial income +€3,546
up €3,546 (+20.5%), from €17,320 to €20,866
- Financial charges -€1,216
down €1,216 (-11.6%), from €10,481 to €9,265
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 | €578,000 | €681,999 | +€103,999 | +18.0% |
| Current assets | 29/58 | €578,000 | €681,999 | +€103,999 | +18.0% |
| Amounts receivable within one year | 40/41 | €148,068 | €242,228 | +€94,160 | +63.6% |
| Trade receivables | 40 | €145,293 | €242,228 | +€96,936 | +66.7% |
| Other amounts receivable | 41 | €2,775 | €0 | -€2,775 | -100.0% |
| Cash at bank and in hand | 54/58 | €429,932 | €439,771 | +€9,839 | +2.3% |
| Total equity and liabilities | 10/49 | €578,000 | €681,999 | +€103,999 | +18.0% |
| Equity | 10/15 | €416,634 | €503,795 | +€87,160 | +20.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €386,634 | €473,795 | +€87,160 | +22.5% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €383,634 | €470,795 | +€87,160 | +22.7% |
| Amounts payable | 17/49 | €161,366 | €178,205 | +€16,839 | +10.4% |
| Amounts payable within one year | 42/48 | €158,618 | €178,132 | +€19,514 | +12.3% |
| Trade debts | 44 | €889 | €7 | -€882 | -99.2% |
| Suppliers | 440/4 | €889 | €7 | -€882 | -99.2% |
| Taxes, remuneration and social security | 45 | €27,728 | €48,125 | +€20,397 | +73.6% |
| Taxes | 450/3 | €27,728 | €48,125 | +€20,397 | +73.6% |
| Other amounts payable | 47/48 | €130,000 | €130,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,748 | €73 | -€2,675 | -97.4% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €113,374 | €119,090 | +€5,717 | +5.0% |
| Operating profit (loss) | 9901 | €112,923 | €118,625 | +€5,702 | +5.0% |
| Financial income | 75/76B | €17,320 | €20,866 | +€3,546 | +20.5% |
| Recurring financial income | 75 | €17,320 | €20,866 | +€3,546 | +20.5% |
| Financial charges | 65/66B | €10,481 | €9,265 | -€1,216 | -11.6% |
| Recurring financial charges | 65 | €10,481 | €9,265 | -€1,216 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €119,762 | €130,226 | +€10,464 | +8.7% |
| Income taxes | 67/77 | €35,390 | €43,066 | +€7,676 | +21.7% |
| Profit (loss) for the period | 9904 | €84,372 | €87,160 | +€2,788 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €84,372 | €87,160 | +€2,788 | +3.3% |
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 10 October 2026 via checked.be.