ARBM: what changed
ARBM
Largest movements
- Cash +€16,548
up €16,548 (+433%), from €3,823 to €20,371
mainly Depreciation (+€69,685) and Other debts (+€43,635)
- Tangible fixed assets +€15,938
up €15,938 (+10.2%), from €156,449 to €172,387
of which Furniture and vehicles: +€20,362
- Receivables within one year +€7,703
up €7,703 (+9.2%), from €84,179 to €91,883
of which Trade receivables: +€8,123
- Other debts +€43,635
up €43,635 (+236%), from €18,488 to €62,124
- Trade debts +€40,234
up €40,234 (+52.5%), from €76,695 to €116,929
- Debts after one year -€29,620
down €29,620 (-51.6%), from €57,353 to €27,733
- Profit (loss) carried forward -€14,760
down €14,760, from €12,624 to -€2,136
- Tax, wage and social debts -€9,945
down €9,945 (-12.7%), from €78,092 to €68,147
of which Remuneration and social security: -€5,163
- Turnover -€145,879
down €145,879 (-17.3%), from €845,275 to €699,396
- Purchases and services -€90,594
down €90,594 (-14.7%), from €617,739 to €527,146
- Staff costs -€65,453
down €65,453 (-32.8%), from €199,547 to €134,093
- Gross operating margin -€46,496
down €46,496 (-17.0%), from €273,889 to €227,393
- Other operating charges +€18,417
up €18,417 (+108%), from €17,041 to €35,458
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €263,712 | €302,013 | +€38,301 | +14.5% |
| Fixed assets | 21/28 | €162,044 | €177,782 | +€15,738 | +9.7% |
| Tangible fixed assets | 22/27 | €156,449 | €172,387 | +€15,938 | +10.2% |
| Land and buildings | 22 | €17,073 | €13,449 | -€3,623 | -21.2% |
| Plant, machinery and equipment | 23 | €1,600 | €800 | -€800 | -50.0% |
| Furniture and vehicles | 24 | €137,776 | €158,138 | +€20,362 | +14.8% |
| Financial fixed assets | 28 | €5,595 | €5,395 | -€200 | -3.6% |
| Current assets | 29/58 | €101,668 | €124,231 | +€22,562 | +22.2% |
| Amounts receivable within one year | 40/41 | €84,179 | €91,883 | +€7,703 | +9.2% |
| Trade receivables | 40 | €83,616 | €91,739 | +€8,123 | +9.7% |
| Other amounts receivable | 41 | €564 | €144 | -€420 | -74.5% |
| Current investments | 50/53 | €5,043 | €5,043 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,823 | €20,371 | +€16,548 | +433% |
| Deferred charges and accrued income | 490/1 | €8,624 | €6,935 | -€1,689 | -19.6% |
| Total equity and liabilities | 10/49 | €263,712 | €302,013 | +€38,301 | +14.5% |
| Equity | 10/15 | €33,084 | €18,324 | -€14,760 | -44.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €12,624 | -€2,136 | -€14,760 | |
| Amounts payable | 17/49 | €230,628 | €283,689 | +€53,061 | +23.0% |
| Amounts payable after more than one year | 17 | €57,353 | €27,733 | -€29,620 | -51.6% |
| Financial debts | 170/4 | €57,353 | €27,733 | -€29,620 | -51.6% |
| Amounts payable within one year | 42/48 | €173,275 | €252,231 | +€78,956 | +45.6% |
| Financial debts | 43 | - | €5,032 | +€5,032 | |
| Credit institutions | 430/8 | - | €5,032 | +€5,032 | |
| Trade debts | 44 | €76,695 | €116,929 | +€40,234 | +52.5% |
| Suppliers | 440/4 | €76,695 | €116,929 | +€40,234 | +52.5% |
| Taxes, remuneration and social security | 45 | €78,092 | €68,147 | -€9,945 | -12.7% |
| Taxes | 450/3 | €17,099 | €12,317 | -€4,782 | -28.0% |
| Remuneration and social security | 454/9 | €60,993 | €55,830 | -€5,163 | -8.5% |
| Other amounts payable | 47/48 | €18,488 | €62,124 | +€43,635 | +236% |
| Accrued charges and deferred income | 492/3 | - | €3,725 | +€3,725 | |
| Turnover | 70 | €845,275 | €699,396 | -€145,879 | -17.3% |
| Non-recurring operating income | 76A | €500 | €12,250 | +€11,750 | +2,350% |
| Goods, raw materials, services and sundry goods | 60/61 | €617,739 | €527,146 | -€90,594 | -14.7% |
| Remuneration, social security and pensions | 62 | €199,547 | €134,093 | -€65,453 | -32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,868 | €69,685 | +€17,817 | +34.4% |
| Other operating charges | 640/8 | €17,041 | €35,458 | +€18,417 | +108% |
| Non-recurring operating charges | 66A | €2,655 | - | -€2,655 | |
| Gross operating margin | 9900 | €273,889 | €227,393 | -€46,496 | -17.0% |
| Operating profit (loss) | 9901 | €2,778 | -€11,843 | -€14,621 | |
| Financial income | 75/76B | €9 | €0 | -€8 | -95.1% |
| Recurring financial income | 75 | €9 | €0 | -€8 | -95.1% |
| Financial charges | 65/66B | €2,724 | €2,332 | -€392 | -14.4% |
| Recurring financial charges | 65 | €2,724 | €2,332 | -€392 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €62 | -€14,175 | -€14,237 | |
| Income taxes | 67/77 | €112 | €585 | +€473 | +423% |
| Profit (loss) for the period | 9904 | -€50 | -€14,760 | -€14,710 | -29,634% |
| Profit (loss) for the period to be appropriated | 9905 | -€50 | -€14,760 | -€14,710 | -29,634% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.