ARBOL: 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.
ARBOL
Largest movements
- Receivables within one year -€12,717
down €12,717 (-60.9%), from €20,891 to €8,174
of which Other amounts receivable: -€8,717
- Financial fixed assets -€3,750
no longer reported in 2024 (was €3,750)
- Deferred charges and accrued income +€3,576
up €3,576 (+13243.1%), from €27 to €3,603
- Cash +€2,781
up €2,781 (+448.3%), from €620 to €3,402
mainly Net result for the year (+€13,590) and Receivables within one year (+€12,717)
- Tangible fixed assets -€2,382
down €2,382 (-3.1%), from €77,639 to €75,257
of which Plant, machinery and equipment: -€10,721
- Other debts -€19,059
no longer reported in 2024 (was €19,059)
- Profit (loss) carried forward +€13,590
up €13,590 (+19.0%), from -€71,569 to -€57,980
- Debts after one year -€10,170
down €10,170 (-59.0%), from €17,226 to €7,056
- Trade debts +€2,425
up €2,425 (+68.9%), from €3,518 to €5,943
- Gross operating margin +€25,144
up €25,144, from -€3,128 to €22,017
- Other operating charges +€3,216
up €3,216 (+2950.0%), from €109 to €3,325
- Depreciation +€462
up €462 (+13.3%), from €3,470 to €3,932
- Financial charges -€422
down €422 (-26.5%), from €1,592 to €1,170
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.
Cash bridge derived
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 | €102,927 | €90,435 | -€12,492 | -12.1% |
| Fixed assets | 21/28 | €81,389 | €75,257 | -€6,132 | -7.5% |
| Tangible fixed assets | 22/27 | €77,639 | €75,257 | -€2,382 | -3.1% |
| Land and buildings | 22 | €66,918 | €63,594 | -€3,324 | -5.0% |
| Plant, machinery and equipment | 23 | €10,721 | - | -€10,721 | |
| Furniture and vehicles | 24 | - | €11,663 | +€11,663 | |
| Financial fixed assets | 28 | €3,750 | - | -€3,750 | |
| Current assets | 29/58 | €21,538 | €15,178 | -€6,360 | -29.5% |
| Amounts receivable within one year | 40/41 | €20,891 | €8,174 | -€12,717 | -60.9% |
| Trade receivables | 40 | €4,000 | - | -€4,000 | |
| Other amounts receivable | 41 | €16,891 | €8,174 | -€8,717 | -51.6% |
| Cash at bank and in hand | 54/58 | €620 | €3,402 | +€2,781 | +448.3% |
| Deferred charges and accrued income | 490/1 | €27 | €3,603 | +€3,576 | +13243.1% |
| Total equity and liabilities | 10/49 | €102,927 | €90,435 | -€12,492 | -12.1% |
| Equity | 10/15 | €53,431 | €67,021 | +€13,590 | +25.4% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,569 | -€57,980 | +€13,590 | +19.0% |
| Amounts payable | 17/49 | €49,496 | €23,414 | -€26,082 | -52.7% |
| Amounts payable after more than one year | 17 | €17,226 | €7,056 | -€10,170 | -59.0% |
| Financial debts | 170/4 | €17,226 | €7,056 | -€10,170 | -59.0% |
| Amounts payable within one year | 42/48 | €32,270 | €16,358 | -€15,912 | -49.3% |
| Current portion of amounts payable after more than one year | 42 | €9,693 | €10,170 | +€477 | +4.9% |
| Trade debts | 44 | €3,518 | €5,943 | +€2,425 | +68.9% |
| Suppliers | 440/4 | €3,518 | €5,943 | +€2,425 | +68.9% |
| Taxes, remuneration and social security | 45 | - | €246 | +€246 | |
| Taxes | 450/3 | - | €246 | +€246 | |
| Other amounts payable | 47/48 | €19,059 | - | -€19,059 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,470 | €3,932 | +€462 | +13.3% |
| Other operating charges | 640/8 | €109 | €3,325 | +€3,216 | +2950.0% |
| Gross operating margin | 9900 | -€3,128 | €22,017 | +€25,144 | |
| Operating profit (loss) | 9901 | -€6,707 | €14,760 | +€21,467 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +50.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +50.0% |
| Financial charges | 65/66B | €1,592 | €1,170 | -€422 | -26.5% |
| Recurring financial charges | 65 | €1,592 | €1,170 | -€422 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,299 | €13,590 | +€21,888 | |
| Profit (loss) for the period | 9904 | -€8,299 | €13,590 | +€21,888 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,299 | €13,590 | +€21,888 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.