ARENDAMA: 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.
ARENDAMA
Largest movements
- Cash -€31,462
down €31,462 (-87.0%), from €36,146 to €4,684
mainly Net result for the year (-€26,031) and Investment in fixed assets (net) (-€7,925)
- Tangible fixed assets +€5,771
up €5,771 (+317.6%), from €1,817 to €7,588
of which Furniture and vehicles: +€6,181
- Receivables within one year -€4,987
down €4,987 (-78.7%), from €6,340 to €1,353
of which Other amounts receivable: -€5,427
- Profit (loss) carried forward -€26,031
down €26,031 (-177.6%), from -€14,654 to -€40,685
- Other debts -€3,567
down €3,567 (-20.7%), from €17,207 to €13,640
- Tax, wage and social debts -€2,725
down €2,725 (-93.9%), from €2,901 to €176
of which Taxes: -€2,725
- Trade debts +€1,646
up €1,646 (+75.0%), from €2,193 to €3,839
- Gross operating margin -€17,674
down €17,674 (-359.5%), from -€4,916 to -€22,589
- Depreciation +€1,744
up €1,744 (+425.7%), from €410 to €2,154
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 | €44,303 | €13,626 | -€30,678 | -69.2% |
| Fixed assets | 21/28 | €1,817 | €7,588 | +€5,771 | +317.6% |
| Tangible fixed assets | 22/27 | €1,817 | €7,588 | +€5,771 | +317.6% |
| Furniture and vehicles | 24 | - | €6,181 | +€6,181 | |
| Other tangible fixed assets | 26 | €1,817 | €1,407 | -€410 | -22.5% |
| Current assets | 29/58 | €42,486 | €6,037 | -€36,449 | -85.8% |
| Amounts receivable within one year | 40/41 | €6,340 | €1,353 | -€4,987 | -78.7% |
| Trade receivables | 40 | €0 | €440 | +€440 | |
| Other amounts receivable | 41 | €6,340 | €913 | -€5,427 | -85.6% |
| Cash at bank and in hand | 54/58 | €36,146 | €4,684 | -€31,462 | -87.0% |
| Total equity and liabilities | 10/49 | €44,303 | €13,626 | -€30,678 | -69.2% |
| Equity | 10/15 | €22,002 | -€4,029 | -€26,031 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,656 | €31,656 | = | 0.0% |
| Distributable reserves | 133 | €31,656 | €31,656 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,654 | -€40,685 | -€26,031 | -177.6% |
| Amounts payable | 17/49 | €22,301 | €17,655 | -€4,646 | -20.8% |
| Amounts payable within one year | 42/48 | €22,301 | €17,655 | -€4,646 | -20.8% |
| Trade debts | 44 | €2,193 | €3,839 | +€1,646 | +75.0% |
| Suppliers | 440/4 | €2,193 | €3,839 | +€1,646 | +75.0% |
| Taxes, remuneration and social security | 45 | €2,901 | €176 | -€2,725 | -93.9% |
| Taxes | 450/3 | €2,901 | €176 | -€2,725 | -93.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €17,207 | €13,640 | -€3,567 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €410 | €2,154 | +€1,744 | +425.7% |
| Other operating charges | 640/8 | €740 | €641 | -€99 | -13.4% |
| Gross operating margin | 9900 | -€4,916 | -€22,589 | -€17,674 | -359.5% |
| Operating profit (loss) | 9901 | -€6,066 | -€25,385 | -€19,319 | -318.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €438 | €471 | +€32 | +7.4% |
| Recurring financial charges | 65 | €438 | €471 | +€32 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,504 | -€25,855 | -€19,351 | -297.5% |
| Income taxes | 67/77 | €160 | €176 | +€16 | +10.1% |
| Profit (loss) for the period | 9904 | -€6,664 | -€26,031 | -€19,367 | -290.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,664 | -€26,031 | -€19,367 | -290.6% |
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 11 October 2026 via checked.be.