Arbor Bros: what changed
Arbor Bros
Largest movements
- Tangible fixed assets -€13,263
down €13,263 (-16.6%), from €80,114 to €66,851
of which Leasing and similar rights: -€12,921
- Cash -€1,589
down €1,589 (-100%), from €1,589 to €0
mainly Debts after one year (-€9,686) and Net result for the year (-€4,601)
- Receivables within one year -€1,426
down €1,426 (-10.1%), from €14,096 to €12,669
of which Trade receivables: -€3,174
- Debts after one year -€9,686
down €9,686 (-17.4%), from €55,562 to €45,877
- Profit (loss) carried forward -€4,601
down €4,601, from €91 to -€4,510
- Trade debts -€4,426
down €4,426 (-40.2%), from €11,003 to €6,577
- Other debts +€1,569
up €1,569 (+11.1%), from €14,184 to €15,752
- Gross operating margin -€8,670
down €8,670 (-42.2%), from €20,553 to €11,883
- Depreciation -€1,617
down €1,617 (-10.6%), from €15,281 to €13,664
- Other operating charges -€772
down €772 (-100%), from €772 to €0
- Financial charges -€502
down €502 (-15.1%), from €3,322 to €2,820
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,217 | €80,323 | -€15,894 | -16.5% |
| Fixed assets | 21/28 | €80,114 | €66,851 | -€13,263 | -16.6% |
| Tangible fixed assets | 22/27 | €80,114 | €66,851 | -€13,263 | -16.6% |
| Plant, machinery and equipment | 23 | €3,009 | €2,668 | -€342 | -11.3% |
| Leasing and similar rights | 25 | €77,105 | €64,183 | -€12,921 | -16.8% |
| Current assets | 29/58 | €16,102 | €13,472 | -€2,631 | -16.3% |
| Amounts receivable within one year | 40/41 | €14,096 | €12,669 | -€1,426 | -10.1% |
| Trade receivables | 40 | €14,096 | €10,922 | -€3,174 | -22.5% |
| Other amounts receivable | 41 | - | €1,748 | +€1,748 | |
| Cash at bank and in hand | 54/58 | €1,589 | €0 | -€1,589 | -100% |
| Deferred charges and accrued income | 490/1 | €417 | €802 | +€385 | +92.3% |
| Total equity and liabilities | 10/49 | €96,217 | €80,323 | -€15,894 | -16.5% |
| Equity | 10/15 | €6,191 | €1,590 | -€4,601 | -74.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,100 | €1,100 | = | 0.0% |
| Distributable reserves | 133 | €1,100 | €1,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91 | -€4,510 | -€4,601 | |
| Amounts payable | 17/49 | €90,026 | €78,733 | -€11,293 | -12.5% |
| Amounts payable after more than one year | 17 | €55,562 | €45,877 | -€9,686 | -17.4% |
| Financial debts | 170/4 | €55,562 | €45,877 | -€9,686 | -17.4% |
| Amounts payable within one year | 42/48 | €34,463 | €32,856 | -€1,607 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €9,274 | €9,686 | +€412 | +4.4% |
| Financial debts | 43 | - | €841 | +€841 | |
| Credit institutions | 430/8 | - | €841 | +€841 | |
| Trade debts | 44 | €11,003 | €6,577 | -€4,426 | -40.2% |
| Suppliers | 440/4 | €11,003 | €6,577 | -€4,426 | -40.2% |
| Taxes, remuneration and social security | 45 | €3 | €0 | -€3 | -100% |
| Taxes | 450/3 | €3 | €0 | -€3 | -100% |
| Other amounts payable | 47/48 | €14,184 | €15,752 | +€1,569 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,281 | €13,664 | -€1,617 | -10.6% |
| Other operating charges | 640/8 | €772 | €0 | -€772 | -100% |
| Gross operating margin | 9900 | €20,553 | €11,883 | -€8,670 | -42.2% |
| Operating profit (loss) | 9901 | €4,500 | -€1,781 | -€6,282 | |
| Financial income | 75/76B | €13 | €1 | -€13 | -96.1% |
| Recurring financial income | 75 | €13 | €1 | -€13 | -96.1% |
| Financial charges | 65/66B | €3,322 | €2,820 | -€502 | -15.1% |
| Recurring financial charges | 65 | €3,322 | €2,820 | -€502 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €1,191 | -€4,601 | -€5,792 | |
| Profit (loss) for the period | 9904 | €1,191 | -€4,601 | -€5,792 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,191 | -€4,601 | -€5,792 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.