ARBO STONE: 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.
ARBO STONE
Largest movements
- Stocks and contracts -€211,719
no longer reported in 2024 (was €211,719)
- Cash +€111,016
up €111,016 (+301%), from €36,838 to €147,854
mainly Stocks and contracts (+€211,719) and Net result for the year (+€83,305)
- Tangible fixed assets +€18,284
up €18,284 (+143%), from €12,811 to €31,095
of which Furniture and vehicles: +€20,478
- Receivables within one year -€16,499
down €16,499 (-48.1%), from €34,297 to €17,798
of which Trade receivables: -€19,541
- Debts after one year -€142,412
down €142,412 (-91.7%), from €155,222 to €12,810
- Reserves +€33,305
up €33,305 (+46.4%), from €71,744 to €105,049
of which Distributable reserves: +€33,305
- Other debts +€25,979
up €25,979 (+93.2%), from €27,866 to €53,845
- Trade debts -€6,034
down €6,034 (-76.3%), from €7,914 to €1,879
- Current portion of long-term debt -€5,544
down €5,544 (-63.7%), from €8,709 to €3,165
- Gross operating margin +€34,938
up €34,938 (+53.1%), from €65,826 to €100,764
- Taxes +€5,474
up €5,474 (+155%), from €3,533 to €9,007
- Depreciation +€1,523
up €1,523 (+69.4%), from €2,194 to €3,716
- Financial charges +€1,338
up €1,338 (+49.5%), from €2,703 to €4,041
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €295,665 | €196,748 | -€98,918 | -33.5% |
| Fixed assets | 21/28 | €12,811 | €31,095 | +€18,284 | +143% |
| Tangible fixed assets | 22/27 | €12,811 | €31,095 | +€18,284 | +143% |
| Furniture and vehicles | 24 | - | €20,478 | +€20,478 | |
| Other tangible fixed assets | 26 | €12,811 | €10,617 | -€2,194 | -17.1% |
| Current assets | 29/58 | €282,854 | €165,652 | -€117,202 | -41.4% |
| Stocks and contracts in progress | 3 | €211,719 | - | -€211,719 | |
| Stocks | 30/36 | €211,719 | - | -€211,719 | |
| Amounts receivable within one year | 40/41 | €34,297 | €17,798 | -€16,499 | -48.1% |
| Trade receivables | 40 | €34,297 | €14,756 | -€19,541 | -57.0% |
| Other amounts receivable | 41 | - | €3,042 | +€3,042 | |
| Cash at bank and in hand | 54/58 | €36,838 | €147,854 | +€111,016 | +301% |
| Total equity and liabilities | 10/49 | €295,665 | €196,748 | -€98,918 | -33.5% |
| Equity | 10/15 | €91,744 | €125,049 | +€33,305 | +36.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €71,744 | €105,049 | +€33,305 | +46.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €69,744 | €103,049 | +€33,305 | +47.8% |
| Amounts payable | 17/49 | €203,922 | €71,699 | -€132,223 | -64.8% |
| Amounts payable after more than one year | 17 | €155,222 | €12,810 | -€142,412 | -91.7% |
| Financial debts | 170/4 | €155,222 | €12,810 | -€142,412 | -91.7% |
| Amounts payable within one year | 42/48 | €48,700 | €58,889 | +€10,189 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €8,709 | €3,165 | -€5,544 | -63.7% |
| Trade debts | 44 | €7,914 | €1,879 | -€6,034 | -76.3% |
| Suppliers | 440/4 | €7,914 | €1,879 | -€6,034 | -76.3% |
| Taxes, remuneration and social security | 45 | €4,211 | - | -€4,211 | |
| Taxes | 450/3 | €4,211 | - | -€4,211 | |
| Other amounts payable | 47/48 | €27,866 | €53,845 | +€25,979 | +93.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,194 | €3,716 | +€1,523 | +69.4% |
| Other operating charges | 640/8 | €1,072 | €1,396 | +€323 | +30.1% |
| Gross operating margin | 9900 | €65,826 | €100,764 | +€34,938 | +53.1% |
| Operating profit (loss) | 9901 | €62,560 | €95,652 | +€33,092 | +52.9% |
| Financial income | 75/76B | €1,598 | €701 | -€898 | -56.2% |
| Recurring financial income | 75 | €1,598 | €701 | -€898 | -56.2% |
| Financial charges | 65/66B | €2,703 | €4,041 | +€1,338 | +49.5% |
| Recurring financial charges | 65 | €2,703 | €4,041 | +€1,338 | +49.5% |
| Profit (loss) for the period before taxes | 9903 | €61,455 | €92,312 | +€30,857 | +50.2% |
| Income taxes | 67/77 | €3,533 | €9,007 | +€5,474 | +155% |
| Profit (loss) for the period | 9904 | €57,922 | €83,305 | +€25,383 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,922 | €83,305 | +€25,383 | +43.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.