ARBILUX: 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.
ARBILUX
Largest movements
- Tangible fixed assets -€5,412
down €5,412 (-2.8%), from €191,262 to €185,850
of which Land and buildings: -€5,222
- Cash -€3,673
down €3,673 (-86.8%), from €4,232 to €559
mainly Net result for the year (-€19,609) and Investment in fixed assets (net) (-€6,499)
- Receivables within one year -€2,326
down €2,326 (-27.9%), from €8,323 to €5,997
of which Other amounts receivable: -€4,402
- Profit (loss) carried forward -€19,609
down €19,609 (-18.9%), from -€103,958 to -€123,567
- Other debts +€4,816
up €4,816 (+2.0%), from €238,359 to €243,175
- Trade debts +€4,341
up €4,341 (+2208.5%), from €197 to €4,538
- Gross operating margin -€10,119
down €10,119, from €7,812 to -€2,308
- Other operating charges +€1,246
up €1,246 (+35.9%), from €3,466 to €4,711
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 | €204,227 | €192,841 | -€11,387 | -5.6% |
| Fixed assets | 21/28 | €191,262 | €185,850 | -€5,412 | -2.8% |
| Tangible fixed assets | 22/27 | €191,262 | €185,850 | -€5,412 | -2.8% |
| Land and buildings | 22 | €190,210 | €184,988 | -€5,222 | -2.7% |
| Plant, machinery and equipment | 23 | €1,052 | €862 | -€191 | -18.1% |
| Current assets | 29/58 | €12,965 | €6,991 | -€5,974 | -46.1% |
| Amounts receivable within one year | 40/41 | €8,323 | €5,997 | -€2,326 | -27.9% |
| Trade receivables | 40 | €3,120 | €5,196 | +€2,076 | +66.5% |
| Other amounts receivable | 41 | €5,203 | €801 | -€4,402 | -84.6% |
| Cash at bank and in hand | 54/58 | €4,232 | €559 | -€3,673 | -86.8% |
| Deferred charges and accrued income | 490/1 | €410 | €435 | +€25 | +6.0% |
| Total equity and liabilities | 10/49 | €204,227 | €192,841 | -€11,387 | -5.6% |
| Equity | 10/15 | -€35,758 | -€55,367 | -€19,609 | -54.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,958 | -€123,567 | -€19,609 | -18.9% |
| Amounts payable | 17/49 | €239,986 | €248,208 | +€8,222 | +3.4% |
| Amounts payable within one year | 42/48 | €238,997 | €248,162 | +€9,165 | +3.8% |
| Trade debts | 44 | €197 | €4,538 | +€4,341 | +2208.5% |
| Suppliers | 440/4 | €197 | €4,538 | +€4,341 | +2208.5% |
| Taxes, remuneration and social security | 45 | €441 | €449 | +€8 | +1.9% |
| Taxes | 450/3 | €441 | €449 | +€8 | +1.9% |
| Other amounts payable | 47/48 | €238,359 | €243,175 | +€4,816 | +2.0% |
| Accrued charges and deferred income | 492/3 | €989 | €46 | -€943 | -95.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,846 | €11,911 | +€65 | +0.6% |
| Other operating charges | 640/8 | €3,466 | €4,711 | +€1,246 | +35.9% |
| Gross operating margin | 9900 | €7,812 | -€2,308 | -€10,119 | |
| Operating profit (loss) | 9901 | -€7,500 | -€18,930 | -€11,430 | -152.4% |
| Financial charges | 65/66B | €241 | €229 | -€11 | -4.7% |
| Recurring financial charges | 65 | €241 | €229 | -€11 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,740 | -€19,160 | -€11,419 | -147.5% |
| Income taxes | 67/77 | €441 | €449 | +€8 | +1.9% |
| Profit (loss) for the period | 9904 | -€8,181 | -€19,609 | -€11,427 | -139.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,181 | -€19,609 | -€11,427 | -139.7% |
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.