ARBOR-SERVICE: 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-SERVICE
Largest movements
- Cash -€9,065
down €9,065 (-20.6%), from €43,909 to €34,845
mainly Net result for the year (-€8,479) and Investment in fixed assets (net) (-€5,821)
- Receivables within one year +€2,140
up €2,140 (+27.9%), from €7,674 to €9,813
of which Trade receivables: +€4,167
- Deferred charges and accrued income -€1,080
down €1,080 (-48.0%), from €2,249 to €1,168
- Reserves -€8,479
down €8,479 (-17.7%), from €47,897 to €39,418
- Tax, wage and social debts +€3,317
up €3,317 (+1,171%), from €283 to €3,600
of which Remuneration and social security: +€3,600
- Other debts -€1,225
down €1,225 (-97.9%), from €1,251 to €26
- Trade debts -€1,139
down €1,139 (-43.0%), from €2,648 to €1,509
- Gross operating margin -€3,818
down €3,818, from €3,045 to -€772
- Other operating charges +€1,644
up €1,644 (+250%), from €658 to €2,302
- Depreciation -€892
down €892 (-14.3%), from €6,234 to €5,342
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 | €70,679 | €63,153 | -€7,526 | -10.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €16,847 | €17,327 | +€479 | +2.8% |
| Tangible fixed assets | 22/27 | €16,847 | €17,327 | +€479 | +2.8% |
| Plant, machinery and equipment | 23 | €10,777 | €13,145 | +€2,368 | +22.0% |
| Furniture and vehicles | 24 | €6,071 | €4,182 | -€1,889 | -31.1% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €53,832 | €45,826 | -€8,005 | -14.9% |
| Amounts receivable within one year | 40/41 | €7,674 | €9,813 | +€2,140 | +27.9% |
| Trade receivables | 40 | €5,446 | €9,613 | +€4,167 | +76.5% |
| Other amounts receivable | 41 | €2,228 | €200 | -€2,028 | -91.0% |
| Cash at bank and in hand | 54/58 | €43,909 | €34,845 | -€9,065 | -20.6% |
| Deferred charges and accrued income | 490/1 | €2,249 | €1,168 | -€1,080 | -48.0% |
| Total equity and liabilities | 10/49 | €70,679 | €63,153 | -€7,526 | -10.6% |
| Equity | 10/15 | €66,497 | €58,018 | -€8,479 | -12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,897 | €39,418 | -€8,479 | -17.7% |
| Distributable reserves | 133 | €47,897 | €39,418 | -€8,479 | -17.7% |
| Amounts payable | 17/49 | €4,182 | €5,135 | +€953 | +22.8% |
| Amounts payable within one year | 42/48 | €4,182 | €5,135 | +€953 | +22.8% |
| Trade debts | 44 | €2,648 | €1,509 | -€1,139 | -43.0% |
| Suppliers | 440/4 | €2,648 | €1,509 | -€1,139 | -43.0% |
| Taxes, remuneration and social security | 45 | €283 | €3,600 | +€3,317 | +1,171% |
| Taxes | 450/3 | €283 | - | -€283 | |
| Remuneration and social security | 454/9 | - | €3,600 | +€3,600 | |
| Other amounts payable | 47/48 | €1,251 | €26 | -€1,225 | -97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,234 | €5,342 | -€892 | -14.3% |
| Other operating charges | 640/8 | €658 | €2,302 | +€1,644 | +250% |
| Gross operating margin | 9900 | €3,045 | -€772 | -€3,818 | |
| Operating profit (loss) | 9901 | -€3,847 | -€8,416 | -€4,569 | -119% |
| Financial income | 75/76B | €17 | - | -€17 | |
| Recurring financial income | 75 | €17 | - | -€17 | |
| Financial charges | 65/66B | €71 | €63 | -€8 | -11.0% |
| Recurring financial charges | 65 | €71 | €63 | -€8 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,900 | -€8,479 | -€4,579 | -117% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€3,900 | -€8,479 | -€4,579 | -117% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,900 | -€8,479 | -€4,579 | -117% |
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 24 October 2026 via checked.be.