ARBOGARDEN: 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.
ARBOGARDEN
Largest movements
- Cash -€7,585
down €7,585 (-98.5%), from €7,700 to €115
mainly Net result for the year (-€4,952) and Investment in fixed assets (net) (-€3,026)
- Receivables within one year -€4,371
down €4,371 (-29.4%), from €14,886 to €10,515
of which Other amounts receivable: -€4,024
- Tangible fixed assets +€3,024
up €3,024 (+15,118,100%), from €0 to €3,024
of which Plant, machinery and equipment: +€3,024
- Profit (loss) carried forward -€4,952
down €4,952 (-42.2%), from €11,743 to €6,791
- Trade debts -€2,131
down €2,131 (-99.9%), from €2,134 to €3
- Tax, wage and social debts -€1,850
down €1,850 (-73.7%), from €2,510 to €660
of which Remuneration and social security: -€1,850
- Gross operating margin -€6,202
down €6,202, from €860 to -€5,342
- Staff costs +€495
no longer reported in 2025 (was -€495)
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Taxes -€347
no longer reported in 2025 (was €347)
- Financial income -€207
down €207 (-28.8%), from €719 to €512
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 | €22,586 | €13,654 | -€8,932 | -39.5% |
| Fixed assets | 21/28 | €0 | €3,024 | +€3,024 | +15,118,100% |
| Tangible fixed assets | 22/27 | €0 | €3,024 | +€3,024 | +15,118,100% |
| Plant, machinery and equipment | 23 | - | €3,024 | +€3,024 | |
| Furniture and vehicles | 24 | €0 | - | -€0 | |
| Current assets | 29/58 | €22,586 | €10,630 | -€11,956 | -52.9% |
| Amounts receivable within one year | 40/41 | €14,886 | €10,515 | -€4,371 | -29.4% |
| Trade receivables | 40 | €1,921 | €1,573 | -€348 | -18.1% |
| Other amounts receivable | 41 | €12,965 | €8,942 | -€4,024 | -31.0% |
| Cash at bank and in hand | 54/58 | €7,700 | €115 | -€7,585 | -98.5% |
| Total equity and liabilities | 10/49 | €22,586 | €13,654 | -€8,932 | -39.5% |
| Equity | 10/15 | €17,943 | €12,991 | -€4,952 | -27.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,743 | €6,791 | -€4,952 | -42.2% |
| Amounts payable | 17/49 | €4,644 | €663 | -€3,981 | -85.7% |
| Amounts payable within one year | 42/48 | €4,644 | €663 | -€3,981 | -85.7% |
| Trade debts | 44 | €2,134 | €3 | -€2,131 | -99.9% |
| Suppliers | 440/4 | €2,134 | €3 | -€2,131 | -99.9% |
| Taxes, remuneration and social security | 45 | €2,510 | €660 | -€1,850 | -73.7% |
| Taxes | 450/3 | €660 | €660 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,850 | - | -€1,850 | |
| Remuneration, social security and pensions | 62 | -€495 | - | +€495 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41 | €3 | -€39 | -93.3% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €860 | -€5,342 | -€6,202 | |
| Operating profit (loss) | 9901 | €927 | -€5,345 | -€6,271 | |
| Financial income | 75/76B | €719 | €512 | -€207 | -28.8% |
| Recurring financial income | 75 | €719 | €512 | -€207 | -28.8% |
| Financial charges | 65/66B | €141 | €119 | -€22 | -15.6% |
| Recurring financial charges | 65 | €141 | €119 | -€22 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €1,505 | -€4,952 | -€6,456 | |
| Income taxes | 67/77 | €347 | - | -€347 | |
| Profit (loss) for the period | 9904 | €1,158 | -€4,952 | -€6,110 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,158 | -€4,952 | -€6,110 |
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 14 October 2026 via checked.be.