ARBURG: 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.
ARBURG
Largest movements
- Receivables within one year +€268,908
up €268,908 (+17.7%), from €1.5m to €1.8m
of which Trade receivables: +€288,163
- Cash -€112,955
down €112,955 (-71.5%), from €158,023 to €45,069
mainly Contributions, distributions and other (-€1.0m) and Receivables within one year (-€268,908)
- Tangible fixed assets -€58,145
down €58,145 (-51.3%), from €113,370 to €55,224
of which Other tangible fixed assets: -€36,681
- Other debts +€1.0m
new in 2025: €1.0m
- Profit (loss) carried forward -€966,306
down €966,306 (-64.5%), from €1.5m to €531,057
- Trade debts +€53,593
up €53,593 (+376.8%), from €14,223 to €67,816
- Staff costs +€69,729
up €69,729 (+9.7%), from €720,230 to €789,959
- Turnover -€57,176
down €57,176 (-5.0%), from €1.1m to €1.1m
- Depreciation -€15,589
down €15,589 (-37.2%), from €41,902 to €26,313
- Taxes -€14,089
down €14,089 (-36.4%), from €38,735 to €24,646
of which Taxes: -€13,735
- Goods and materials -€11,702
down €11,702 (-28.4%), from €41,252 to €29,550
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 | €1,805,415 | €1,903,080 | +€97,665 | +5.4% |
| Fixed assets | 21/28 | €120,535 | €62,389 | -€58,145 | -48.2% |
| Tangible fixed assets | 22/27 | €113,370 | €55,224 | -€58,145 | -51.3% |
| Plant, machinery and equipment | 23 | €23,688 | €18,171 | -€5,517 | -23.3% |
| Furniture and vehicles | 24 | €41,520 | €25,573 | -€15,947 | -38.4% |
| Other tangible fixed assets | 26 | €48,161 | €11,480 | -€36,681 | -76.2% |
| Financial fixed assets | 28 | €7,165 | €7,165 | = | 0.0% |
| Other financial fixed assets | 284/8 | €7,165 | €7,165 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €7,165 | €7,165 | = | 0.0% |
| Current assets | 29/58 | €1,684,880 | €1,840,691 | +€155,811 | +9.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,520,819 | €1,789,727 | +€268,908 | +17.7% |
| Trade receivables | 40 | €1,485,472 | €1,773,635 | +€288,163 | +19.4% |
| Other amounts receivable | 41 | €35,347 | €16,092 | -€19,255 | -54.5% |
| Cash at bank and in hand | 54/58 | €158,023 | €45,069 | -€112,955 | -71.5% |
| Deferred charges and accrued income | 490/1 | €6,038 | €5,895 | -€142 | -2.4% |
| Total equity and liabilities | 10/49 | €1,805,415 | €1,903,080 | +€97,665 | +5.4% |
| Equity | 10/15 | €1,664,633 | €698,327 | -€966,306 | -58.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €17,270 | €17,270 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,270 | €2,270 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,497,364 | €531,057 | -€966,306 | -64.5% |
| Amounts payable | 17/49 | €140,781 | €1,204,753 | +€1.1m | +755.8% |
| Amounts payable within one year | 42/48 | €132,781 | €1,204,753 | +€1.1m | +807.3% |
| Trade debts | 44 | €14,223 | €67,816 | +€53,593 | +376.8% |
| Suppliers | 440/4 | €14,223 | €67,816 | +€53,593 | +376.8% |
| Taxes, remuneration and social security | 45 | €118,559 | €136,937 | +€18,379 | +15.5% |
| Taxes | 450/3 | €29,934 | €40,302 | +€10,368 | +34.6% |
| Remuneration and social security | 454/9 | €88,624 | €96,635 | +€8,011 | +9.0% |
| Other amounts payable | 47/48 | - | €1,000,000 | +€1.0m | |
| Accrued charges and deferred income | 492/3 | €8,000 | €0 | -€8,000 | -100.0% |
| Operating income | 70/76A | €1,157,992 | €1,148,257 | -€9,735 | -0.8% |
| Turnover | 70 | €1,132,847 | €1,075,671 | -€57,176 | -5.0% |
| Other operating income | 74 | €17,775 | €27,052 | +€9,277 | +52.2% |
| Non-recurring operating income | 76A | €7,370 | €45,534 | +€38,164 | +517.8% |
| Operating charges | 60/66A | €1,078,106 | €1,133,581 | +€55,475 | +5.1% |
| Goods for resale, raw materials and consumables | 60 | €41,252 | €29,550 | -€11,702 | -28.4% |
| Purchases | 600/8 | €41,252 | €29,550 | -€11,702 | -28.4% |
| Services and other goods | 61 | €272,695 | €280,218 | +€7,522 | +2.8% |
| Remuneration, social security and pensions | 62 | €720,230 | €789,959 | +€69,729 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,902 | €26,313 | -€15,589 | -37.2% |
| Other operating charges | 640/8 | €2,027 | €7,541 | +€5,514 | +272.1% |
| Operating profit (loss) | 9901 | €79,886 | €14,676 | -€65,210 | -81.6% |
| Financial income | 75/76B | €52,571 | €44,150 | -€8,421 | -16.0% |
| Recurring financial income | 75 | €52,571 | €44,150 | -€8,421 | -16.0% |
| Income from financial fixed assets | 750 | €2,666 | €0 | -€2,666 | -100.0% |
| Income from current assets | 751 | €49,777 | €44,096 | -€5,681 | -11.4% |
| Other financial income | 752/9 | €128 | €54 | -€73 | -57.5% |
| Financial charges | 65/66B | €394 | €486 | +€91 | +23.2% |
| Recurring financial charges | 65 | €394 | €486 | +€91 | +23.2% |
| Other financial charges | 652/9 | €394 | €486 | +€91 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €132,062 | €58,340 | -€73,722 | -55.8% |
| Income taxes | 67/77 | €38,735 | €24,646 | -€14,089 | -36.4% |
| Taxes | 670/3 | €38,735 | €25,000 | -€13,735 | -35.5% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €354 | +€354 | |
| Profit (loss) for the period | 9904 | €93,327 | €33,694 | -€59,633 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €93,327 | €33,694 | -€59,633 | -63.9% |
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 9 October 2026 via checked.be.