AREBA: 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.
AREBA
Largest movements
- Receivables within one year -€34,426
down €34,426 (-48.9%), from €70,444 to €36,018
of which Trade receivables: -€34,273
- Trade debts -€27,173
down €27,173 (-35.3%), from €76,977 to €49,804
- Advances received -€10,922
down €10,922 (-100.0%), from €10,922 to €0
- Profit (loss) carried forward +€4,911
up €4,911 (+2.8%), from -€174,447 to -€169,536
- Other debts -€3,565
down €3,565 (-3.0%), from €120,017 to €116,452
- Tax, wage and social debts +€1,824
up €1,824 (+80.8%), from €2,257 to €4,081
- Gross operating margin +€19,520
up €19,520, from -€13,657 to €5,863
- Financial charges -€288
down €288 (-50.0%), from €576 to €288
- Depreciation +€272
up €272 (+117.3%), from €232 to €504
- Other operating charges +€160
up €160, from €0 to €160
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 | €71,725 | €36,801 | -€34,925 | -48.7% |
| Fixed assets | 21/28 | €1,280 | €776 | -€504 | -39.4% |
| Tangible fixed assets | 22/27 | €1,280 | €776 | -€504 | -39.4% |
| Furniture and vehicles | 24 | €1,280 | €776 | -€504 | -39.4% |
| Current assets | 29/58 | €70,446 | €36,025 | -€34,421 | -48.9% |
| Amounts receivable within one year | 40/41 | €70,444 | €36,018 | -€34,426 | -48.9% |
| Trade receivables | 40 | €70,291 | €36,018 | -€34,273 | -48.8% |
| Other amounts receivable | 41 | €153 | €0 | -€153 | -100.0% |
| Cash at bank and in hand | 54/58 | €2 | €7 | +€5 | +269.1% |
| Total equity and liabilities | 10/49 | €71,725 | €36,801 | -€34,925 | -48.7% |
| Equity | 10/15 | -€138,447 | -€133,536 | +€4,911 | +3.5% |
| Contributions | 10/11 | €36,000 | €36,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€174,447 | -€169,536 | +€4,911 | +2.8% |
| Amounts payable | 17/49 | €210,172 | €170,337 | -€39,836 | -19.0% |
| Amounts payable within one year | 42/48 | €210,172 | €170,337 | -€39,836 | -19.0% |
| Trade debts | 44 | €76,977 | €49,804 | -€27,173 | -35.3% |
| Suppliers | 440/4 | €76,977 | €49,804 | -€27,173 | -35.3% |
| Advances received on contracts in progress | 46 | €10,922 | €0 | -€10,922 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,257 | €4,081 | +€1,824 | +80.8% |
| Taxes | 450/3 | €2,257 | €4,081 | +€1,824 | +80.8% |
| Other amounts payable | 47/48 | €120,017 | €116,452 | -€3,565 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €232 | €504 | +€272 | +117.3% |
| Other operating charges | 640/8 | €0 | €160 | +€160 | |
| Gross operating margin | 9900 | -€13,657 | €5,863 | +€19,520 | |
| Operating profit (loss) | 9901 | -€13,889 | €5,199 | +€19,088 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €576 | €288 | -€288 | -50.0% |
| Recurring financial charges | 65 | €576 | €288 | -€288 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,465 | €4,911 | +€19,376 | |
| Profit (loss) for the period | 9904 | -€14,465 | €4,911 | +€19,376 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,465 | €4,911 | +€19,376 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.