ARENA-BOUW: 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-BOUW
Largest movements
- Tangible fixed assets -€6,223
down €6,223 (-26.8%), from €23,224 to €17,001
of which Furniture and vehicles: -€7,005
- Receivables within one year -€4,258
down €4,258 (-9.3%), from €45,763 to €41,505
of which Trade receivables: -€5,293
- Profit (loss) carried forward -€22,792
new in 2025: -€22,792
- Trade debts +€16,530
up €16,530 (+82.1%), from €20,143 to €36,673
- Short-term financial debts -€5,761
down €5,761 (-32.7%), from €17,604 to €11,843
- Tax, wage and social debts +€1,850
up €1,850 (+36.5%), from €5,071 to €6,921
of which Remuneration and social security: +€1,850
- Other operating charges +€29,877
up €29,877 (+257%), from €11,635 to €41,511
- Staff costs +€12,842
new in 2025: €12,842
- Taxes -€7,359
down €7,359 (-96.6%), from €7,615 to €256
- Depreciation -€4,950
down €4,950 (-43.4%), from €11,416 to €6,466
- Gross operating margin +€1,518
up €1,518 (+4.2%), from €36,462 to €37,980
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.
Derived cash bridge
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 | €69,899 | €59,725 | -€10,174 | -14.6% |
| Fixed assets | 21/28 | €23,224 | €17,001 | -€6,223 | -26.8% |
| Tangible fixed assets | 22/27 | €23,224 | €17,001 | -€6,223 | -26.8% |
| Plant, machinery and equipment | 23 | €10,430 | €11,212 | +€782 | +7.5% |
| Furniture and vehicles | 24 | €12,794 | €5,789 | -€7,005 | -54.8% |
| Current assets | 29/58 | €46,675 | €42,724 | -€3,950 | -8.5% |
| Stocks and contracts in progress | 3 | €703 | €990 | +€287 | +40.8% |
| Stocks | 30/36 | €703 | €990 | +€287 | +40.8% |
| Amounts receivable within one year | 40/41 | €45,763 | €41,505 | -€4,258 | -9.3% |
| Trade receivables | 40 | €15,923 | €10,630 | -€5,293 | -33.2% |
| Other amounts receivable | 41 | €29,840 | €30,875 | +€1,035 | +3.5% |
| Cash at bank and in hand | 54/58 | €167 | €167 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €41 | €62 | +€21 | +49.9% |
| Total equity and liabilities | 10/49 | €69,899 | €59,725 | -€10,174 | -14.6% |
| Equity | 10/15 | €27,081 | €4,289 | -€22,792 | -84.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €24,581 | €24,581 | = | 0.0% |
| Distributable reserves | 133 | €24,581 | €24,581 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€22,792 | -€22,792 | |
| Amounts payable | 17/49 | €42,818 | €55,437 | +€12,619 | +29.5% |
| Amounts payable within one year | 42/48 | €42,818 | €55,437 | +€12,619 | +29.5% |
| Financial debts | 43 | €17,604 | €11,843 | -€5,761 | -32.7% |
| Credit institutions | 430/8 | €17,604 | €11,843 | -€5,761 | -32.7% |
| Trade debts | 44 | €20,143 | €36,673 | +€16,530 | +82.1% |
| Suppliers | 440/4 | €20,143 | €36,673 | +€16,530 | +82.1% |
| Taxes, remuneration and social security | 45 | €5,071 | €6,921 | +€1,850 | +36.5% |
| Taxes | 450/3 | €5,071 | €5,071 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €1,850 | +€1,850 | |
| Remuneration, social security and pensions | 62 | - | €12,842 | +€12,842 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,416 | €6,466 | -€4,950 | -43.4% |
| Other operating charges | 640/8 | €11,635 | €41,511 | +€29,877 | +257% |
| Gross operating margin | 9900 | €36,462 | €37,980 | +€1,518 | +4.2% |
| Operating profit (loss) | 9901 | €13,411 | -€22,840 | -€36,250 | |
| Financial income | 75/76B | €1,186 | €1,190 | +€5 | +0.4% |
| Recurring financial income | 75 | €1,186 | €1,190 | +€5 | +0.4% |
| Financial charges | 65/66B | €569 | €887 | +€319 | +56.0% |
| Recurring financial charges | 65 | €569 | €887 | +€319 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €14,028 | -€22,536 | -€36,564 | |
| Income taxes | 67/77 | €7,615 | €256 | -€7,359 | -96.6% |
| Profit (loss) for the period | 9904 | €6,413 | -€22,792 | -€29,205 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,413 | -€22,792 | -€29,205 |
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 19 October 2026 via checked.be.