ARBOCANTOR: 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.
ARBOCANTOR
Largest movements
- Receivables within one year +€36,557
up €36,557 (+114%), from €32,030 to €68,587
- Cash -€33,175
down €33,175 (-50.5%), from €65,717 to €32,542
mainly Receivables within one year (-€36,557) and Trade debts (-€10,605)
- Stocks and contracts -€4,000
down €4,000 (-9.5%), from €42,038 to €38,038
- Trade debts -€10,605
down €10,605 (-23.0%), from €46,108 to €35,503
- Profit (loss) carried forward +€8,496
up €8,496 (+22.3%), from €38,124 to €46,620
- Tax, wage and social debts +€1,491
up €1,491 (+4.4%), from €33,872 to €35,363
- Gross operating margin +€2,005
up €2,005 (+14.2%), from €14,135 to €16,140
- Taxes -€753
down €753 (-40.2%), from €1,875 to €1,122
- Other operating charges -€405
down €405 (-77.2%), from €525 to €120
- Financial charges +€287
up €287 (+4.7%), from €6,114 to €6,401
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.
Derived cash bridge
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 | €139,785 | €139,167 | -€618 | -0.4% |
| Current assets | 29/58 | €139,785 | €139,167 | -€618 | -0.4% |
| Stocks and contracts in progress | 3 | €42,038 | €38,038 | -€4,000 | -9.5% |
| Stocks | 30/36 | €42,038 | €38,038 | -€4,000 | -9.5% |
| Amounts receivable within one year | 40/41 | €32,030 | €68,587 | +€36,557 | +114% |
| Other amounts receivable | 41 | €32,030 | €68,587 | +€36,557 | +114% |
| Cash at bank and in hand | 54/58 | €65,717 | €32,542 | -€33,175 | -50.5% |
| Total equity and liabilities | 10/49 | €139,785 | €139,167 | -€618 | -0.4% |
| Equity | 10/15 | €59,805 | €68,301 | +€8,496 | +14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,081 | €3,081 | = | 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% |
| Distributable reserves | 133 | €1,221 | €1,221 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,124 | €46,620 | +€8,496 | +22.3% |
| Amounts payable | 17/49 | €79,980 | €70,866 | -€9,114 | -11.4% |
| Amounts payable within one year | 42/48 | €79,980 | €70,866 | -€9,114 | -11.4% |
| Trade debts | 44 | €46,108 | €35,503 | -€10,605 | -23.0% |
| Suppliers | 440/4 | €46,108 | €35,503 | -€10,605 | -23.0% |
| Taxes, remuneration and social security | 45 | €33,872 | €35,363 | +€1,491 | +4.4% |
| Taxes | 450/3 | €33,872 | €35,363 | +€1,491 | +4.4% |
| Other operating charges | 640/8 | €525 | €120 | -€405 | -77.2% |
| Gross operating margin | 9900 | €14,135 | €16,140 | +€2,005 | +14.2% |
| Operating profit (loss) | 9901 | €13,609 | €16,020 | +€2,411 | +17.7% |
| Financial charges | 65/66B | €6,114 | €6,401 | +€287 | +4.7% |
| Recurring financial charges | 65 | €6,114 | €6,401 | +€287 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €7,495 | €9,618 | +€2,124 | +28.3% |
| Income taxes | 67/77 | €1,875 | €1,122 | -€753 | -40.2% |
| Profit (loss) for the period | 9904 | €5,620 | €8,496 | +€2,877 | +51.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,620 | €8,496 | +€2,877 | +51.2% |
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 18 October 2026 via checked.be.