ARBIS: 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.
ARBIS
Largest movements
- Current investments +€660,000
up €660,000 (+214.3%), from €308,009 to €968,009
- Cash -€217,427
down €217,427 (-48.7%), from €446,623 to €229,195
mainly Contributions, distributions and other (-€2.6m) and Current investments (-€660,000)
- Stocks and contracts -€143,082
down €143,082 (-8.4%), from €1.7m to €1.6m
- Receivables within one year +€78,909
up €78,909 (+8.7%), from €911,065 to €989,974
of which Trade receivables: +€74,535
- Tangible fixed assets +€73,650
up €73,650 (+315.8%), from €23,319 to €96,969
of which Furniture and vehicles: +€76,164
- Other debts +€2.2m
up €2.2m (+377.5%), from €591,180 to €2.8m
- Reserves -€2.0m
down €2.0m (-98.0%), from €2.0m to €40,900
of which Distributable reserves: -€2.0m
- Trade debts +€227,788
up €227,788 (+34.8%), from €654,913 to €882,701
- Staff costs +€22,051
up €22,051 (+18.3%), from €120,584 to €142,634
- Gross operating margin +€13,460
up €13,460 (+1.3%), from €1.0m to €1.0m
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 | €3,395,650 | €3,847,700 | +€452,050 | +13.3% |
| Fixed assets | 21/28 | €24,109 | €97,759 | +€73,650 | +305.5% |
| Tangible fixed assets | 22/27 | €23,319 | €96,969 | +€73,650 | +315.8% |
| Plant, machinery and equipment | 23 | €20,706 | €18,193 | -€2,514 | -12.1% |
| Furniture and vehicles | 24 | €2,613 | €78,777 | +€76,164 | +2914.4% |
| Financial fixed assets | 28 | €790 | €790 | = | 0.0% |
| Current assets | 29/58 | €3,371,541 | €3,749,941 | +€378,400 | +11.2% |
| Stocks and contracts in progress | 3 | €1,705,844 | €1,562,762 | -€143,082 | -8.4% |
| Stocks | 30/36 | €1,705,844 | €1,562,762 | -€143,082 | -8.4% |
| Amounts receivable within one year | 40/41 | €911,065 | €989,974 | +€78,909 | +8.7% |
| Trade receivables | 40 | €780,440 | €854,974 | +€74,535 | +9.6% |
| Other amounts receivable | 41 | €130,625 | €135,000 | +€4,375 | +3.3% |
| Current investments | 50/53 | €308,009 | €968,009 | +€660,000 | +214.3% |
| Cash at bank and in hand | 54/58 | €446,623 | €229,195 | -€217,427 | -48.7% |
| Total equity and liabilities | 10/49 | €3,395,650 | €3,847,700 | +€452,050 | +13.3% |
| Equity | 10/15 | €2,059,500 | €59,500 | -€2.0m | -97.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,040,900 | €40,900 | -€2.0m | -98.0% |
| Non-distributable reserves | 130/1 | €40,900 | €40,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €40,900 | €40,900 | = | 0.0% |
| Distributable reserves | 133 | €2,000,000 | - | -€2.0m | |
| Amounts payable | 17/49 | €1,336,150 | €3,788,200 | +€2.5m | +183.5% |
| Amounts payable within one year | 42/48 | €1,336,150 | €3,788,200 | +€2.5m | +183.5% |
| Trade debts | 44 | €654,913 | €882,701 | +€227,788 | +34.8% |
| Suppliers | 440/4 | €654,913 | €882,701 | +€227,788 | +34.8% |
| Taxes, remuneration and social security | 45 | €90,057 | €82,579 | -€7,478 | -8.3% |
| Taxes | 450/3 | €75,161 | €78,353 | +€3,192 | +4.2% |
| Remuneration and social security | 454/9 | €14,897 | €4,226 | -€10,670 | -71.6% |
| Other amounts payable | 47/48 | €591,180 | €2,822,920 | +€2.2m | +377.5% |
| Remuneration, social security and pensions | 62 | €120,584 | €142,634 | +€22,051 | +18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,026 | €26,552 | +€5,526 | +26.3% |
| Other operating charges | 640/8 | €3,264 | €3,419 | +€156 | +4.8% |
| Non-recurring operating charges | 66A | - | €7,951 | +€7,951 | |
| Gross operating margin | 9900 | €1,017,230 | €1,030,691 | +€13,460 | +1.3% |
| Operating profit (loss) | 9901 | €872,357 | €850,134 | -€22,223 | -2.5% |
| Financial income | 75/76B | €16,859 | €12,963 | -€3,896 | -23.1% |
| Recurring financial income | 75 | €16,859 | €12,963 | -€3,896 | -23.1% |
| Financial charges | 65/66B | €48,092 | €38,376 | -€9,716 | -20.2% |
| Recurring financial charges | 65 | €48,092 | €38,376 | -€9,716 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €841,124 | €824,721 | -€16,403 | -2.0% |
| Income taxes | 67/77 | €213,155 | €207,142 | -€6,013 | -2.8% |
| Profit (loss) for the period | 9904 | €627,969 | €617,579 | -€10,390 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €627,969 | €617,579 | -€10,390 | -1.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.