ARBOLES-PRIMATOR: 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.
ARBOLES-PRIMATOR
Largest movements
- Tangible fixed assets -€4,151
down €4,151 (-15.4%), from €27,024 to €22,873
of which Furniture and vehicles: -€3,774
- Cash -€1,465
down €1,465 (-42.0%), from €3,489 to €2,024
mainly Net result for the year (-€2,961) and Tax, wage and social debts (-€2,718)
- Profit (loss) carried forward -€2,961
down €2,961 (-1.6%), from -€185,222 to -€188,183
- Tax, wage and social debts -€2,718
down €2,718 (-100%), from €2,718 to €0
- Other debts -€1,495
down €1,495 (-1.0%), from €147,207 to €145,712
- Trade debts +€1,210
up €1,210 (+23.9%), from €5,073 to €6,283
- Depreciation -€17,989
down €17,989 (-91.5%), from €19,666 to €1,677
- Gross operating margin +€11,136
up €11,136, from -€6,230 to €4,906
- Other operating charges +€4,826
up €4,826 (+2,006%), from €241 to €5,067
- Financial charges +€1,133
up €1,133 (+1,079%), from €105 to €1,238
- Taxes -€114
down €114, from €0 to -€114
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 | €37,976 | €32,012 | -€5,965 | -15.7% |
| Fixed assets | 21/28 | €27,724 | €23,573 | -€4,151 | -15.0% |
| Tangible fixed assets | 22/27 | €27,024 | €22,873 | -€4,151 | -15.4% |
| Land and buildings | 22 | €18,096 | €18,096 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,259 | €882 | -€377 | -29.9% |
| Furniture and vehicles | 24 | €7,669 | €3,895 | -€3,774 | -49.2% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €10,252 | €8,438 | -€1,814 | -17.7% |
| Amounts receivable within one year | 40/41 | €6,764 | €6,415 | -€349 | -5.2% |
| Trade receivables | 40 | €394 | €0 | -€394 | -100% |
| Other amounts receivable | 41 | €6,370 | €6,415 | +€45 | +0.7% |
| Cash at bank and in hand | 54/58 | €3,489 | €2,024 | -€1,465 | -42.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €37,976 | €32,012 | -€5,965 | -15.7% |
| Equity | 10/15 | -€117,022 | -€119,983 | -€2,961 | -2.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€185,222 | -€188,183 | -€2,961 | -1.6% |
| Amounts payable | 17/49 | €154,998 | €151,995 | -€3,003 | -1.9% |
| Amounts payable within one year | 42/48 | €154,998 | €151,995 | -€3,003 | -1.9% |
| Trade debts | 44 | €5,073 | €6,283 | +€1,210 | +23.9% |
| Suppliers | 440/4 | €5,073 | €6,283 | +€1,210 | +23.9% |
| Taxes, remuneration and social security | 45 | €2,718 | €0 | -€2,718 | -100% |
| Taxes | 450/3 | €2,718 | €0 | -€2,718 | -100% |
| Other amounts payable | 47/48 | €147,207 | €145,712 | -€1,495 | -1.0% |
| Non-recurring operating income | 76A | - | €419 | +€419 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,666 | €1,677 | -€17,989 | -91.5% |
| Other operating charges | 640/8 | €241 | €5,067 | +€4,826 | +2,006% |
| Gross operating margin | 9900 | -€6,230 | €4,906 | +€11,136 | |
| Operating profit (loss) | 9901 | -€26,136 | -€1,837 | +€24,299 | +93.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €105 | €1,238 | +€1,133 | +1,079% |
| Recurring financial charges | 65 | €105 | €1,238 | +€1,133 | +1,079% |
| Profit (loss) for the period before taxes | 9903 | -€26,241 | -€3,076 | +€23,166 | +88.3% |
| Income taxes | 67/77 | €0 | -€114 | -€114 | |
| Profit (loss) for the period | 9904 | -€26,241 | -€2,961 | +€23,280 | +88.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,241 | -€2,961 | +€23,280 | +88.7% |
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 29 October 2026 via checked.be.