Arena: 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.
Arena
Largest movements
- Cash +€76,800
up €76,800 (+116.9%), from €65,696 to €142,496
mainly Other debts (+€96,540) and Net result for the year (+€9,099)
- Other debts +€96,540
up €96,540 (+23.6%), from €409,417 to €505,957
- Trade debts -€22,692
down €22,692 (-54.7%), from €41,504 to €18,812
- Tax, wage and social debts -€11,549
down €11,549 (-45.0%), from €25,671 to €14,122
of which Remuneration and social security: -€15,770
- Reserves +€9,099
up €9,099 (+27.5%), from €33,107 to €42,206
of which Distributable reserves: +€11,071
- Gross operating margin -€454,854
down €454,854 (-72.4%), from €627,821 to €172,967
- Other operating charges -€378,759
down €378,759 (-80.5%), from €470,361 to €91,602
- Staff costs -€53,330
down €53,330 (-44.0%), from €121,257 to €67,927
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 | €516,271 | €587,871 | +€71,600 | +13.9% |
| Fixed assets | 21/28 | €11,369 | €11,369 | = | 0.0% |
| Financial fixed assets | 28 | €11,369 | €11,369 | = | 0.0% |
| Current assets | 29/58 | €504,902 | €576,502 | +€71,600 | +14.2% |
| Amounts receivable within one year | 40/41 | €22,200 | €17,000 | -€5,200 | -23.4% |
| Trade receivables | 40 | €5,200 | - | -€5,200 | |
| Other amounts receivable | 41 | €17,000 | €17,000 | = | 0.0% |
| Current investments | 50/53 | €414,306 | €414,306 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €65,696 | €142,496 | +€76,800 | +116.9% |
| Deferred charges and accrued income | 490/1 | €2,700 | €2,700 | = | 0.0% |
| Total equity and liabilities | 10/49 | €516,271 | €587,871 | +€71,600 | +13.9% |
| Equity | 10/15 | €39,307 | €48,406 | +€9,099 | +23.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,107 | €42,206 | +€9,099 | +27.5% |
| Non-distributable reserves | 130/1 | €1,972 | - | -€1,972 | |
| Reserves not available under the articles | 1311 | €1,972 | - | -€1,972 | |
| Distributable reserves | 133 | €31,135 | €42,206 | +€11,071 | +35.6% |
| Amounts payable | 17/49 | €476,964 | €539,465 | +€62,501 | +13.1% |
| Amounts payable within one year | 42/48 | €476,592 | €538,892 | +€62,300 | +13.1% |
| Trade debts | 44 | €41,504 | €18,812 | -€22,692 | -54.7% |
| Suppliers | 440/4 | €41,504 | €18,812 | -€22,692 | -54.7% |
| Taxes, remuneration and social security | 45 | €25,671 | €14,122 | -€11,549 | -45.0% |
| Taxes | 450/3 | €9,901 | €14,122 | +€4,221 | +42.6% |
| Remuneration and social security | 454/9 | €15,770 | - | -€15,770 | |
| Other amounts payable | 47/48 | €409,417 | €505,957 | +€96,540 | +23.6% |
| Accrued charges and deferred income | 492/3 | €372 | €573 | +€201 | +54.1% |
| Remuneration, social security and pensions | 62 | €121,257 | €67,927 | -€53,330 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,242 | - | -€1,242 | |
| Other operating charges | 640/8 | €470,361 | €91,602 | -€378,759 | -80.5% |
| Gross operating margin | 9900 | €627,821 | €172,967 | -€454,854 | -72.4% |
| Operating profit (loss) | 9901 | €34,960 | €13,437 | -€21,523 | -61.6% |
| Financial charges | 65/66B | €91 | €117 | +€26 | +28.9% |
| Recurring financial charges | 65 | €91 | €117 | +€26 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €34,870 | €13,320 | -€21,549 | -61.8% |
| Income taxes | 67/77 | €9,871 | €4,221 | -€5,650 | -57.2% |
| Profit (loss) for the period | 9904 | €24,999 | €9,099 | -€15,900 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,999 | €9,099 | -€15,900 | -63.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.