Arbor Consulting: 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.
Arbor Consulting
Largest movements
- Tangible fixed assets +€36,016
new in 2026: €36,016
- Cash -€23,226
down €23,226 (-95.6%), from €24,285 to €1,059
mainly Investment in fixed assets (net) (-€42,577) and Other debts (-€7,714)
- Deferred charges and accrued income +€606
up €606, from €0 to €606
- Receivables within one year -€503
down €503 (-5.1%), from €9,773 to €9,270
of which Trade receivables: -€503
- Profit (loss) carried forward +€14,285
up €14,285 (+84.3%), from €16,939 to €31,225
- Other debts -€7,714
down €7,714 (-86.4%), from €8,932 to €1,218
- Tax, wage and social debts +€6,526
up €6,526 (+131%), from €4,981 to €11,507
- Trade debts -€553
down €553 (-25.2%), from €2,190 to €1,637
- Gross operating margin -€10,977
down €10,977 (-30.3%), from €36,222 to €25,245
- Depreciation +€6,561
up €6,561, from €0 to €6,561
- Taxes +€3,216
up €3,216 (+1,916%), from €168 to €3,384
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,485 | €47,180 | +€12,695 | +36.8% |
| Fixed assets | 21/28 | - | €36,016 | +€36,016 | |
| Tangible fixed assets | 22/27 | - | €36,016 | +€36,016 | |
| Furniture and vehicles | 24 | - | €36,016 | +€36,016 | |
| Current assets | 29/58 | €34,485 | €11,164 | -€23,321 | -67.6% |
| Stocks and contracts in progress | 3 | €427 | €230 | -€197 | -46.2% |
| Stocks | 30/36 | €427 | €230 | -€197 | -46.2% |
| Amounts receivable within one year | 40/41 | €9,773 | €9,270 | -€503 | -5.1% |
| Trade receivables | 40 | €9,773 | €9,270 | -€503 | -5.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €24,285 | €1,059 | -€23,226 | -95.6% |
| Deferred charges and accrued income | 490/1 | €0 | €606 | +€606 | |
| Total equity and liabilities | 10/49 | €34,485 | €47,180 | +€12,695 | +36.8% |
| Equity | 10/15 | €17,939 | €32,225 | +€14,285 | +79.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,939 | €31,225 | +€14,285 | +84.3% |
| Amounts payable | 17/49 | €16,545 | €14,955 | -€1,590 | -9.6% |
| Amounts payable within one year | 42/48 | €16,104 | €14,363 | -€1,741 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,190 | €1,637 | -€553 | -25.2% |
| Suppliers | 440/4 | €2,190 | €1,637 | -€553 | -25.2% |
| Taxes, remuneration and social security | 45 | €4,981 | €11,507 | +€6,526 | +131% |
| Taxes | 450/3 | €4,981 | €11,507 | +€6,526 | +131% |
| Other amounts payable | 47/48 | €8,932 | €1,218 | -€7,714 | -86.4% |
| Accrued charges and deferred income | 492/3 | €442 | €592 | +€151 | +34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €6,561 | +€6,561 | |
| Other operating charges | 640/8 | €612 | €782 | +€170 | +27.8% |
| Gross operating margin | 9900 | €36,222 | €25,245 | -€10,977 | -30.3% |
| Operating profit (loss) | 9901 | €35,610 | €17,902 | -€17,708 | -49.7% |
| Financial income | 75/76B | €4 | €0 | -€4 | -100% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100% |
| Financial charges | 65/66B | €131 | €233 | +€102 | +77.6% |
| Recurring financial charges | 65 | €131 | €233 | +€102 | +77.6% |
| Profit (loss) for the period before taxes | 9903 | €35,483 | €17,669 | -€17,814 | -50.2% |
| Income taxes | 67/77 | €168 | €3,384 | +€3,216 | +1,916% |
| Profit (loss) for the period | 9904 | €35,315 | €14,285 | -€21,030 | -59.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,315 | €14,285 | -€21,030 | -59.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.