ARBO IMMO: 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.
ARBO IMMO
Largest movements
- Tangible fixed assets -€13,296
down €13,296 (-5.7%), from €234,702 to €221,406
of which Land and buildings: -€9,907
- Cash -€7,910
down €7,910 (-32.6%), from €24,252 to €16,342
mainly Debts after one year (-€10,108) and Other debts (-€5,799)
- Debts after one year -€10,108
down €10,108 (-15.5%), from €65,406 to €55,298
- Other debts -€5,799
down €5,799 (-15.4%), from €37,574 to €31,775
- Profit (loss) carried forward -€5,238
down €5,238 (-4.2%), from €123,983 to €118,745
- Financial charges -€1,016
down €1,016 (-42.6%), from €2,384 to €1,368
- Gross operating margin +€319
up €319 (+2.8%), from €11,255 to €11,574
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 | €258,954 | €237,748 | -€21,206 | -8.2% |
| Fixed assets | 21/28 | €234,702 | €221,406 | -€13,296 | -5.7% |
| Tangible fixed assets | 22/27 | €234,702 | €221,406 | -€13,296 | -5.7% |
| Land and buildings | 22 | €226,985 | €217,078 | -€9,907 | -4.4% |
| Furniture and vehicles | 24 | €7,717 | €4,328 | -€3,389 | -43.9% |
| Current assets | 29/58 | €24,252 | €16,342 | -€7,910 | -32.6% |
| Cash at bank and in hand | 54/58 | €24,252 | €16,342 | -€7,910 | -32.6% |
| Total equity and liabilities | 10/49 | €258,954 | €237,748 | -€21,206 | -8.2% |
| Equity | 10/15 | €144,443 | €139,205 | -€5,238 | -3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,983 | €118,745 | -€5,238 | -4.2% |
| Amounts payable | 17/49 | €114,511 | €98,543 | -€15,968 | -13.9% |
| Amounts payable after more than one year | 17 | €65,406 | €55,298 | -€10,108 | -15.5% |
| Financial debts | 170/4 | €65,406 | €55,298 | -€10,108 | -15.5% |
| Amounts payable within one year | 42/48 | €49,105 | €43,245 | -€5,860 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €9,919 | €10,108 | +€189 | +1.9% |
| Trade debts | 44 | - | €1,362 | +€1,362 | |
| Suppliers | 440/4 | - | €1,362 | +€1,362 | |
| Taxes, remuneration and social security | 45 | €1,612 | - | -€1,612 | |
| Taxes | 450/3 | €1,612 | - | -€1,612 | |
| Other amounts payable | 47/48 | €37,574 | €31,775 | -€5,799 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,296 | €13,296 | = | 0.0% |
| Other operating charges | 640/8 | €2,085 | €2,148 | +€63 | +3.0% |
| Gross operating margin | 9900 | €11,255 | €11,574 | +€319 | +2.8% |
| Operating profit (loss) | 9901 | -€4,126 | -€3,870 | +€256 | +6.2% |
| Financial charges | 65/66B | €2,384 | €1,368 | -€1,016 | -42.6% |
| Recurring financial charges | 65 | €2,384 | €1,368 | -€1,016 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,510 | -€5,238 | +€1,272 | +19.5% |
| Profit (loss) for the period | 9904 | -€6,510 | -€5,238 | +€1,272 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,510 | -€5,238 | +€1,272 | +19.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.