ARBORI-GENE: 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.
ARBORI-GENE
Largest movements
- Tangible fixed assets -€31,627
down €31,627 (-26.8%), from €117,981 to €86,354
of which Plant, machinery and equipment: -€16,568
- Cash +€11,420
up €11,420 (+30.3%), from €37,634 to €49,053
mainly Depreciation (+€31,627) and Net result for the year (+€4,544)
- Stocks and contracts +€5,000
new in 2025: €5,000
- Receivables within one year -€4,057
down €4,057 (-64.1%), from €6,327 to €2,270
of which Other amounts receivable: -€5,000
- Deferred charges and accrued income +€1,906
up €1,906 (+188%), from €1,016 to €2,921
- Debts after one year -€16,054
down €16,054 (-40.8%), from €39,330 to €23,276
- Current portion of long-term debt -€6,065
down €6,065 (-27.4%), from €22,119 to €16,054
- Reserves +€4,500
up €4,500 (+7.6%), from €59,500 to €64,000
of which Distributable reserves: +€4,500
- Other debts -€3,336
down €3,336 (-79.8%), from €4,179 to €842
- Tax, wage and social debts +€2,340
up €2,340 (+27.2%), from €8,614 to €10,954
- Depreciation +€10,425
up €10,425 (+49.2%), from €21,202 to €31,627
- Financial income -€3,114
down €3,114 (-97.4%), from €3,197 to €83
- Gross operating margin +€2,413
up €2,413 (+6.4%), from €37,455 to €39,867
- Taxes -€1,164
down €1,164 (-36.5%), from €3,185 to €2,021
- Financial charges +€1,100
up €1,100 (+167%), from €658 to €1,758
of which Financial charges: +€905
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 | €162,957 | €145,599 | -€17,358 | -10.7% |
| Fixed assets | 21/28 | €117,981 | €86,354 | -€31,627 | -26.8% |
| Tangible fixed assets | 22/27 | €117,981 | €86,354 | -€31,627 | -26.8% |
| Land and buildings | 22 | €31,700 | €29,187 | -€2,514 | -7.9% |
| Plant, machinery and equipment | 23 | €69,316 | €52,748 | -€16,568 | -23.9% |
| Furniture and vehicles | 24 | €16,965 | €4,420 | -€12,545 | -73.9% |
| Current assets | 29/58 | €44,976 | €59,245 | +€14,268 | +31.7% |
| Stocks and contracts in progress | 3 | - | €5,000 | +€5,000 | |
| Contracts in progress | 37 | - | €5,000 | +€5,000 | |
| Amounts receivable within one year | 40/41 | €6,327 | €2,270 | -€4,057 | -64.1% |
| Trade receivables | 40 | €1,327 | €2,270 | +€943 | +71.1% |
| Other amounts receivable | 41 | €5,000 | - | -€5,000 | |
| Cash at bank and in hand | 54/58 | €37,634 | €49,053 | +€11,420 | +30.3% |
| Deferred charges and accrued income | 490/1 | €1,016 | €2,921 | +€1,906 | +188% |
| Total equity and liabilities | 10/49 | €162,957 | €145,599 | -€17,358 | -10.7% |
| Equity | 10/15 | €86,038 | €90,500 | +€4,462 | +5.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | - | -€25,000 | |
| Issued capital | 100 | €25,000 | - | -€25,000 | |
| Reserves | 13 | €59,500 | €64,000 | +€4,500 | +7.6% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Legal reserve | 130 | €2,500 | - | -€2,500 | |
| Reserves not available under the articles | 1311 | - | €2,500 | +€2,500 | |
| Distributable reserves | 133 | €57,000 | €61,500 | +€4,500 | +7.9% |
| Profit (loss) carried forward | 14 | €1,435 | €1,479 | +€44 | +3.1% |
| Investment grants | 15 | €103 | €21 | -€82 | -79.9% |
| Amounts payable | 17/49 | €76,920 | €55,099 | -€21,821 | -28.4% |
| Amounts payable after more than one year | 17 | €39,330 | €23,276 | -€16,054 | -40.8% |
| Financial debts | 170/4 | €39,330 | €23,276 | -€16,054 | -40.8% |
| Amounts payable within one year | 42/48 | €37,589 | €31,823 | -€5,767 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €22,119 | €16,054 | -€6,065 | -27.4% |
| Trade debts | 44 | €2,678 | €3,972 | +€1,294 | +48.3% |
| Suppliers | 440/4 | €2,678 | €3,972 | +€1,294 | +48.3% |
| Taxes, remuneration and social security | 45 | €8,614 | €10,954 | +€2,340 | +27.2% |
| Taxes | 450/3 | €8,614 | €10,954 | +€2,340 | +27.2% |
| Other amounts payable | 47/48 | €4,179 | €842 | -€3,336 | -79.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,202 | €31,627 | +€10,425 | +49.2% |
| Gross operating margin | 9900 | €37,455 | €39,867 | +€2,413 | +6.4% |
| Operating profit (loss) | 9901 | €16,253 | €8,240 | -€8,012 | -49.3% |
| Financial income | 75/76B | €3,197 | €83 | -€3,114 | -97.4% |
| Recurring financial income | 75 | €3,197 | €83 | -€3,114 | -97.4% |
| Financial charges | 65/66B | €658 | €1,758 | +€1,100 | +167% |
| Recurring financial charges | 65 | €658 | €1,563 | +€905 | +138% |
| Non-recurring financial charges | 66B | - | €195 | +€195 | |
| Profit (loss) for the period before taxes | 9903 | €18,792 | €6,565 | -€12,227 | -65.1% |
| Income taxes | 67/77 | €3,185 | €2,021 | -€1,164 | -36.5% |
| Profit (loss) for the period | 9904 | €15,607 | €4,544 | -€11,063 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,607 | €4,544 | -€11,063 | -70.9% |
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.