ARBOTIL: what changed
Two fiscal 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.
ARBOTIL
Largest movements
- Receivables within one year +€20,988
up €20,988 (+19.1%), from €110,110 to €131,097
of which Trade receivables: +€23,919
- Tangible fixed assets +€13,222
up €13,222 (+6.8%), from €195,878 to €209,100
of which Furniture and vehicles: +€24,382
- Cash -€5,425
down €5,425 (-34.4%), from €15,786 to €10,361
mainly Investment in fixed assets (net) (-€53,162) and Receivables within one year (-€20,988)
- Stocks and contracts +€4,500
up €4,500 (+13.6%), from €33,000 to €37,500
- Trade debts +€23,422
up €23,422 (+83.0%), from €28,218 to €51,640
- Other debts +€15,983
up €15,983 (+36.9%), from €43,277 to €59,260
- Tax, wage and social debts -€13,514
down €13,514 (-58.6%), from €23,070 to €9,556
of which Remuneration and social security: -€12,756
- Debts after one year +€11,632
up €11,632 (+7.2%), from €162,553 to €174,185
- Profit (loss) carried forward -€9,282
down €9,282 (-54.7%), from €16,983 to €7,701
- Gross operating margin -€60,448
down €60,448 (-44.4%), from €136,249 to €75,800
- Staff costs -€43,610
down €43,610 (-58.7%), from €74,343 to €30,733
- Taxes -€4,538
no longer reported in 2024 (was €4,538)
- Depreciation +€4,464
up €4,464 (+12.6%), from €35,475 to €39,939
- Financial charges +€3,594
up €3,594 (+71.6%), from €5,016 to €8,611
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €355,018 | €391,523 | +€36,505 | +10.3% |
| Fixed assets | 21/28 | €195,928 | €209,150 | +€13,222 | +6.7% |
| Tangible fixed assets | 22/27 | €195,878 | €209,100 | +€13,222 | +6.8% |
| Land and buildings | 22 | €136,678 | €132,741 | -€3,938 | -2.9% |
| Plant, machinery and equipment | 23 | €22,082 | €14,860 | -€7,222 | -32.7% |
| Furniture and vehicles | 24 | €37,117 | €61,499 | +€24,382 | +65.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €159,090 | €182,372 | +€23,282 | +14.6% |
| Stocks and contracts in progress | 3 | €33,000 | €37,500 | +€4,500 | +13.6% |
| Stocks | 30/36 | €33,000 | €37,500 | +€4,500 | +13.6% |
| Amounts receivable within one year | 40/41 | €110,110 | €131,097 | +€20,988 | +19.1% |
| Trade receivables | 40 | €107,178 | €131,097 | +€23,919 | +22.3% |
| Other amounts receivable | 41 | €2,932 | - | -€2,932 | |
| Cash at bank and in hand | 54/58 | €15,786 | €10,361 | -€5,425 | -34.4% |
| Deferred charges and accrued income | 490/1 | €194 | €3,413 | +€3,219 | +1660.2% |
| Total equity and liabilities | 10/49 | €355,018 | €391,523 | +€36,505 | +10.3% |
| Equity | 10/15 | €80,391 | €71,109 | -€9,282 | -11.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,808 | €44,808 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,438 | €1,438 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,438 | €1,438 | = | 0.0% |
| Distributable reserves | 133 | €43,370 | €43,370 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,983 | €7,701 | -€9,282 | -54.7% |
| Amounts payable | 17/49 | €274,627 | €320,413 | +€45,786 | +16.7% |
| Amounts payable after more than one year | 17 | €162,553 | €174,185 | +€11,632 | +7.2% |
| Financial debts | 170/4 | €162,553 | €174,185 | +€11,632 | +7.2% |
| Amounts payable within one year | 42/48 | €111,242 | €146,228 | +€34,986 | +31.5% |
| Current portion of amounts payable after more than one year | 42 | €16,678 | €25,773 | +€9,095 | +54.5% |
| Trade debts | 44 | €28,218 | €51,640 | +€23,422 | +83.0% |
| Suppliers | 440/4 | €28,218 | €51,640 | +€23,422 | +83.0% |
| Taxes, remuneration and social security | 45 | €23,070 | €9,556 | -€13,514 | -58.6% |
| Taxes | 450/3 | €7,276 | €6,518 | -€757 | -10.4% |
| Remuneration and social security | 454/9 | €15,794 | €3,037 | -€12,756 | -80.8% |
| Other amounts payable | 47/48 | €43,277 | €59,260 | +€15,983 | +36.9% |
| Accrued charges and deferred income | 492/3 | €832 | - | -€832 | |
| Remuneration, social security and pensions | 62 | €74,343 | €30,733 | -€43,610 | -58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,475 | €39,939 | +€4,464 | +12.6% |
| Other operating charges | 640/8 | €6,134 | €5,800 | -€334 | -5.5% |
| Gross operating margin | 9900 | €136,249 | €75,800 | -€60,448 | -44.4% |
| Operating profit (loss) | 9901 | €20,296 | -€672 | -€20,969 | |
| Financial income | 75/76B | €19 | €1 | -€18 | -94.9% |
| Recurring financial income | 75 | €19 | €1 | -€18 | -94.9% |
| Financial charges | 65/66B | €5,016 | €8,611 | +€3,594 | +71.6% |
| Recurring financial charges | 65 | €5,016 | €8,611 | +€3,594 | +71.6% |
| Profit (loss) for the period before taxes | 9903 | €15,299 | -€9,282 | -€24,581 | |
| Income taxes | 67/77 | €4,538 | - | -€4,538 | |
| Profit (loss) for the period | 9904 | €10,761 | -€9,282 | -€20,043 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,761 | -€9,282 | -€20,043 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.