Arbro: what changed
Arbro
Largest movements
- Receivables within one year -€103,347
down €103,347 (-57.2%), from €180,642 to €77,294
- Stocks and contracts +€9,755
up €9,755 (+24.5%), from €39,828 to €49,584
- Deferred charges and accrued income -€5,316
down €5,316 (-61.8%), from €8,597 to €3,281
- Tax, wage and social debts -€31,088
down €31,088 (-67.8%), from €45,823 to €14,735
of which Taxes: -€21,432
- Profit (loss) carried forward -€29,119
down €29,119, from €1,118 to -€28,001
- Short-term financial debts -€16,017
down €16,017 (-38.0%), from €42,133 to €26,116
- Debts after one year -€9,222
down €9,222 (-70.2%), from €13,146 to €3,924
- Trade debts -€7,864
down €7,864 (-6.4%), from €123,372 to €115,509
- Gross operating margin +€49,360
up €49,360 (+23.4%), from €210,518 to €259,878
- Staff costs +€36,499
up €36,499 (+19.9%), from €183,042 to €219,541
- Financial charges +€33,841
up €33,841 (+1,078%), from €3,138 to €36,979
- Other operating charges +€8,668
up €8,668 (+453%), from €1,914 to €10,582
- Depreciation +€4,795
up €4,795 (+28.0%), from €17,103 to €21,898
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €254,526 | €157,327 | -€97,199 | -38.2% |
| Fixed assets | 21/28 | €25,459 | €27,168 | +€1,709 | +6.7% |
| Tangible fixed assets | 22/27 | €25,459 | €27,168 | +€1,709 | +6.7% |
| Plant, machinery and equipment | 23 | €21,709 | €20,231 | -€1,478 | -6.8% |
| Furniture and vehicles | 24 | €3,749 | €6,937 | +€3,188 | +85.0% |
| Current assets | 29/58 | €229,067 | €130,159 | -€98,908 | -43.2% |
| Stocks and contracts in progress | 3 | €39,828 | €49,584 | +€9,755 | +24.5% |
| Stocks | 30/36 | €39,828 | €49,584 | +€9,755 | +24.5% |
| Amounts receivable within one year | 40/41 | €180,642 | €77,294 | -€103,347 | -57.2% |
| Trade receivables | 40 | €180,642 | €77,294 | -€103,347 | -57.2% |
| Deferred charges and accrued income | 490/1 | €8,597 | €3,281 | -€5,316 | -61.8% |
| Total equity and liabilities | 10/49 | €254,526 | €157,327 | -€97,199 | -38.2% |
| Equity | 10/15 | €6,118 | -€23,001 | -€29,119 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,118 | -€28,001 | -€29,119 | |
| Amounts payable | 17/49 | €248,408 | €180,328 | -€68,080 | -27.4% |
| Amounts payable after more than one year | 17 | €13,146 | €3,924 | -€9,222 | -70.2% |
| Financial debts | 170/4 | €13,146 | €3,924 | -€9,222 | -70.2% |
| Amounts payable within one year | 42/48 | €235,262 | €176,404 | -€58,857 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €9,668 | €9,957 | +€290 | +3.0% |
| Financial debts | 43 | €42,133 | €26,116 | -€16,017 | -38.0% |
| Credit institutions | 430/8 | €42,133 | €26,116 | -€16,017 | -38.0% |
| Trade debts | 44 | €123,372 | €115,509 | -€7,864 | -6.4% |
| Suppliers | 440/4 | €123,372 | €115,509 | -€7,864 | -6.4% |
| Taxes, remuneration and social security | 45 | €45,823 | €14,735 | -€31,088 | -67.8% |
| Taxes | 450/3 | €35,024 | €13,593 | -€21,432 | -61.2% |
| Remuneration and social security | 454/9 | €10,799 | €1,142 | -€9,657 | -89.4% |
| Other amounts payable | 47/48 | €14,266 | €10,087 | -€4,178 | -29.3% |
| Remuneration, social security and pensions | 62 | €183,042 | €219,541 | +€36,499 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,103 | €21,898 | +€4,795 | +28.0% |
| Other operating charges | 640/8 | €1,914 | €10,582 | +€8,668 | +453% |
| Gross operating margin | 9900 | €210,518 | €259,878 | +€49,360 | +23.4% |
| Operating profit (loss) | 9901 | €8,460 | €7,857 | -€603 | -7.1% |
| Financial income | 75/76B | €22 | €3 | -€19 | -87.9% |
| Recurring financial income | 75 | €22 | €3 | -€19 | -87.9% |
| Financial charges | 65/66B | €3,138 | €36,979 | +€33,841 | +1,078% |
| Recurring financial charges | 65 | €3,138 | €36,979 | +€33,841 | +1,078% |
| Profit (loss) for the period before taxes | 9903 | €5,343 | -€29,119 | -€34,463 | |
| Income taxes | 67/77 | €1,390 | - | -€1,390 | |
| Profit (loss) for the period | 9904 | €3,953 | -€29,119 | -€33,072 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,953 | -€29,119 | -€33,072 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.