Arenberg Auctions: what changed
What changed
Arenberg Auctions
NACE 47.791, Retail sale of antiques
filed annual accounts (NBB)
Net result for the year
€17,302
2024 · -€84,344+€101,646
Equity
-€63,306
2024 · -€80,608+€17,302
Cash
€376,247
2024 · €367,810+€8,437
Balance sheet total
€1.7m
2024 · €1.1m+€579,265
Largest movements
Assets
- Receivables within one year +€718,315
up €718,315 (+153%), from €470,510 to €1.2m
of which Other amounts receivable: +€489,422
- Stocks and contracts -€151,773
down €151,773 (-81.6%), from €186,013 to €34,239
Equity and liabilities
- Other debts +€500,000
new in 2025: €500,000
- Trade debts +€195,161
up €195,161 (+20.4%), from €956,787 to €1.2m
- Debts after one year -€126,410
no longer reported in 2025 (was €126,410)
- Profit (loss) carried forward +€17,302
up €17,302 (+3.3%), from -€530,608 to -€513,306
Income statement
- Gross operating margin +€55,475
up €55,475 (+14.9%), from €372,191 to €427,666
- Staff costs -€34,602
down €34,602 (-8.0%), from €434,046 to €399,444
- Financial income +€7,123
up €7,123 (+319%), from €2,233 to €9,356
of which Non-recurring financial income: +€6,806
- Financial charges -€6,926
down €6,926 (-48.8%), from €14,178 to €7,252
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€84,344
Gross operating margin
+€55,475
Staff costs
+€34,602
Depreciation
-€240
Other operating charges
-€2,334
Financial income
+€7,123
Financial charges
+€6,926
Taxes
+€95
Result 2025
€17,302
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€142,362
Investment
-€7,516
Financing
-€126,410
Cash 2024
€367,810
From operations (derived)
+€142,362
Net result for the year
+€17,302
Depreciation
+€6,470
Stocks and contracts
+€151,773
Receivables within one year
-€718,315
Deferred charges and accrued income
-€3,242
Trade debts
+€195,161
Tax, wage and social debts
+€38
Other debts
+€500,000
Accrued charges and deferred income
-€6,827
Investment (derived)
-€7,516
Investment in fixed assets (net)
-€7,516
Financing
-€126,410
Debts after one year
-€126,410
Cash 2025
€376,247
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,074,050 | €1,653,315 | +€579,265 | +53.9% |
| Fixed assets | 21/28 | €15,768 | €16,814 | +€1,045 | +6.6% |
| Intangible fixed assets | 21 | €3,237 | €2,058 | -€1,179 | -36.4% |
| Tangible fixed assets | 22/27 | €12,501 | €14,756 | +€2,255 | +18.0% |
| Furniture and vehicles | 24 | €4,683 | €10,327 | +€5,643 | +121% |
| Other tangible fixed assets | 26 | €7,818 | €4,429 | -€3,389 | -43.3% |
| Financial fixed assets | 28 | €30 | - | -€30 | |
| Current assets | 29/58 | €1,058,282 | €1,636,501 | +€578,220 | +54.6% |
| Stocks and contracts in progress | 3 | €186,013 | €34,239 | -€151,773 | -81.6% |
| Stocks | 30/36 | €186,013 | €34,239 | -€151,773 | -81.6% |
| Amounts receivable within one year | 40/41 | €470,510 | €1,188,824 | +€718,315 | +153% |
| Trade receivables | 40 | €434,633 | €663,525 | +€228,892 | +52.7% |
| Other amounts receivable | 41 | €35,876 | €525,299 | +€489,422 | +1,364% |
| Cash at bank and in hand | 54/58 | €367,810 | €376,247 | +€8,437 | +2.3% |
| Deferred charges and accrued income | 490/1 | €33,949 | €37,191 | +€3,242 | +9.5% |
| Total equity and liabilities | 10/49 | €1,074,050 | €1,653,315 | +€579,265 | +53.9% |
| Equity | 10/15 | -€80,608 | -€63,306 | +€17,302 | +21.5% |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Capital | 10 | €450,000 | €450,000 | = | 0.0% |
| Issued capital | 100 | €450,000 | €450,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€530,608 | -€513,306 | +€17,302 | +3.3% |
| Amounts payable | 17/49 | €1,154,658 | €1,716,621 | +€561,963 | +48.7% |
| Amounts payable after more than one year | 17 | €126,410 | - | -€126,410 | |
| Other amounts payable | 178/9 | €126,410 | - | -€126,410 | |
| Amounts payable within one year | 42/48 | €1,019,823 | €1,715,022 | +€695,199 | +68.2% |
| Trade debts | 44 | €956,787 | €1,151,948 | +€195,161 | +20.4% |
| Suppliers | 440/4 | €956,787 | €1,151,948 | +€195,161 | +20.4% |
| Taxes, remuneration and social security | 45 | €63,036 | €63,074 | +€38 | +0.1% |
| Taxes | 450/3 | €13,246 | €17,503 | +€4,257 | +32.1% |
| Remuneration and social security | 454/9 | €49,791 | €45,571 | -€4,220 | -8.5% |
| Other amounts payable | 47/48 | - | €500,000 | +€500,000 | |
| Accrued charges and deferred income | 492/3 | €8,425 | €1,599 | -€6,827 | -81.0% |
| Non-recurring operating income | 76A | - | €1,240 | +€1,240 | |
| Remuneration, social security and pensions | 62 | €434,046 | €399,444 | -€34,602 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,231 | €6,470 | +€240 | +3.8% |
| Other operating charges | 640/8 | €4,056 | €6,390 | +€2,334 | +57.6% |
| Gross operating margin | 9900 | €372,191 | €427,666 | +€55,475 | +14.9% |
| Operating profit (loss) | 9901 | -€72,141 | €15,362 | +€87,503 | |
| Financial income | 75/76B | €2,233 | €9,356 | +€7,123 | +319% |
| Recurring financial income | 75 | €2,233 | €2,549 | +€316 | +14.2% |
| Non-recurring financial income | 76B | - | €6,806 | +€6,806 | |
| Financial charges | 65/66B | €14,178 | €7,252 | -€6,926 | -48.8% |
| Recurring financial charges | 65 | €14,178 | €7,252 | -€6,926 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | -€84,086 | €17,465 | +€101,552 | |
| Income taxes | 67/77 | €257 | €163 | -€95 | -36.8% |
| Profit (loss) for the period | 9904 | -€84,344 | €17,302 | +€101,646 | |
| Profit (loss) for the period to be appropriated | 9905 | -€84,344 | €17,302 | +€101,646 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.