Arborix: 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.
Arborix
Largest movements
- Tangible fixed assets +€62,461
up €62,461 (+28.4%), from €220,190 to €282,652
of which Furniture and vehicles: +€87,207
- Intangible fixed assets -€15,020
down €15,020 (-31.4%), from €47,901 to €32,881
- Cash +€14,478
up €14,478 (+5.1%), from €282,438 to €296,916
mainly Net result for the year (+€118,197) and Depreciation (+€87,262)
- Trade debts -€113,654
down €113,654 (-48.1%), from €236,085 to €122,431
- Reserves +€83,137
up €83,137 (+39.6%), from €210,024 to €293,160
- Tax, wage and social debts +€57,814
up €57,814 (+87.1%), from €66,381 to €124,195
of which Taxes: +€57,555
- Debts after one year +€49,379
up €49,379 (+88.0%), from €56,112 to €105,491
- Current portion of long-term debt +€28,987
up €28,987 (+148.4%), from €19,533 to €48,519
- Gross operating margin +€133,361
up €133,361 (+42.3%), from €315,238 to €448,599
- Depreciation +€45,274
up €45,274 (+107.8%), from €41,988 to €87,262
- Staff costs +€23,318
up €23,318 (+15.3%), from €152,680 to €175,998
- Taxes +€22,004
up €22,004 (+66.0%), from €33,343 to €55,348
- Other operating charges +€6,206
up €6,206 (+120.8%), from €5,137 to €11,343
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.
Cash bridge derived
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 | €646,839 | €714,832 | +€67,993 | +10.5% |
| Fixed assets | 21/28 | €268,091 | €315,533 | +€47,441 | +17.7% |
| Intangible fixed assets | 21 | €47,901 | €32,881 | -€15,020 | -31.4% |
| Tangible fixed assets | 22/27 | €220,190 | €282,652 | +€62,461 | +28.4% |
| Land and buildings | 22 | €183,538 | €160,675 | -€22,863 | -12.5% |
| Plant, machinery and equipment | 23 | €7,199 | €5,316 | -€1,883 | -26.2% |
| Furniture and vehicles | 24 | €29,453 | €116,660 | +€87,207 | +296.1% |
| Current assets | 29/58 | €378,748 | €399,299 | +€20,552 | +5.4% |
| Amounts receivable within one year | 40/41 | €88,488 | €94,634 | +€6,146 | +6.9% |
| Trade receivables | 40 | €62,856 | €66,541 | +€3,686 | +5.9% |
| Other amounts receivable | 41 | €25,632 | €28,093 | +€2,460 | +9.6% |
| Cash at bank and in hand | 54/58 | €282,438 | €296,916 | +€14,478 | +5.1% |
| Deferred charges and accrued income | 490/1 | €7,822 | €7,750 | -€72 | -0.9% |
| Total equity and liabilities | 10/49 | €646,839 | €714,832 | +€67,993 | +10.5% |
| Equity | 10/15 | €220,024 | €294,160 | +€74,137 | +33.7% |
| Contributions | 10/11 | €10,000 | €1,000 | -€9,000 | -90.0% |
| Reserves | 13 | €210,024 | €293,160 | +€83,137 | +39.6% |
| Distributable reserves | 133 | €210,024 | €293,160 | +€83,137 | +39.6% |
| Amounts payable | 17/49 | €426,816 | €420,672 | -€6,144 | -1.4% |
| Amounts payable after more than one year | 17 | €56,112 | €105,491 | +€49,379 | +88.0% |
| Financial debts | 170/4 | €56,112 | €105,491 | +€49,379 | +88.0% |
| Amounts payable within one year | 42/48 | €350,703 | €295,181 | -€55,523 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €19,533 | €48,519 | +€28,987 | +148.4% |
| Trade debts | 44 | €236,085 | €122,431 | -€113,654 | -48.1% |
| Suppliers | 440/4 | €236,085 | €122,431 | -€113,654 | -48.1% |
| Taxes, remuneration and social security | 45 | €66,381 | €124,195 | +€57,814 | +87.1% |
| Taxes | 450/3 | €49,810 | €107,364 | +€57,555 | +115.5% |
| Remuneration and social security | 454/9 | €16,571 | €16,830 | +€259 | +1.6% |
| Other amounts payable | 47/48 | €28,705 | €36 | -€28,669 | -99.9% |
| Accrued charges and deferred income | 492/3 | €20,000 | €20,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €185 | +€185 | |
| Remuneration, social security and pensions | 62 | €152,680 | €175,998 | +€23,318 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,988 | €87,262 | +€45,274 | +107.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€5,137 | -€5,137 | |
| Other operating charges | 640/8 | €5,137 | €11,343 | +€6,206 | +120.8% |
| Gross operating margin | 9900 | €315,238 | €448,599 | +€133,361 | +42.3% |
| Operating profit (loss) | 9901 | €115,433 | €179,133 | +€63,701 | +55.2% |
| Financial income | 75/76B | €27 | €484 | +€457 | +1666.3% |
| Recurring financial income | 75 | €27 | €484 | +€457 | +1666.3% |
| Financial charges | 65/66B | €5,814 | €6,073 | +€259 | +4.5% |
| Recurring financial charges | 65 | €5,814 | €6,073 | +€259 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €109,646 | €173,545 | +€63,898 | +58.3% |
| Income taxes | 67/77 | €33,343 | €55,348 | +€22,004 | +66.0% |
| Profit (loss) for the period | 9904 | €76,303 | €118,197 | +€41,894 | +54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €76,303 | €118,197 | +€41,894 | +54.9% |
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 10 October 2026 via checked.be.