Arends Retail Group: what changed
Arends Retail Group
Largest movements
- Receivables within one year +€23,434
up €23,434 (+259%), from €9,054 to €32,488
of which Trade receivables: +€19,057
- Cash +€3,457
up €3,457 (+18.7%), from €18,481 to €21,938
mainly Other debts (+€12,891) and Net result for the year (+€11,896)
- Other debts +€12,891
up €12,891 (+343%), from €3,756 to €16,647
- Profit (loss) carried forward +€11,896
up €11,896 (+4,622%), from €257 to €12,153
- Tax, wage and social debts +€4,213
up €4,213 (+27.5%), from €15,311 to €19,524
of which Taxes: +€7,713
- Trade debts -€1,959
down €1,959 (-41.9%), from €4,678 to €2,719
- Gross operating margin +€19,057
up €19,057 (+512%), from €3,724 to €22,781
- Taxes +€5,683
up €5,683 (+437%), from €1,300 to €6,984
- Financial charges +€1,180
up €1,180 (+88.9%), from €1,327 to €2,507
- Staff costs +€652
new in 2025: €652
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,002 | €56,043 | +€27,041 | +93.2% |
| Current assets | 29/58 | €29,002 | €56,043 | +€27,041 | +93.2% |
| Amounts receivable within one year | 40/41 | €9,054 | €32,488 | +€23,434 | +259% |
| Trade receivables | 40 | €8,053 | €27,110 | +€19,057 | +237% |
| Other amounts receivable | 41 | €1,001 | €5,378 | +€4,377 | +437% |
| Cash at bank and in hand | 54/58 | €18,481 | €21,938 | +€3,457 | +18.7% |
| Deferred charges and accrued income | 490/1 | €1,468 | €1,617 | +€149 | +10.2% |
| Total equity and liabilities | 10/49 | €29,002 | €56,043 | +€27,041 | +93.2% |
| Equity | 10/15 | €5,257 | €17,153 | +€11,896 | +226% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €257 | €12,153 | +€11,896 | +4,622% |
| Amounts payable | 17/49 | €23,745 | €38,890 | +€15,145 | +63.8% |
| Amounts payable within one year | 42/48 | €23,745 | €38,890 | +€15,145 | +63.8% |
| Trade debts | 44 | €4,678 | €2,719 | -€1,959 | -41.9% |
| Suppliers | 440/4 | €4,678 | €2,719 | -€1,959 | -41.9% |
| Taxes, remuneration and social security | 45 | €15,311 | €19,524 | +€4,213 | +27.5% |
| Taxes | 450/3 | €11,811 | €19,524 | +€7,713 | +65.3% |
| Remuneration and social security | 454/9 | €3,500 | - | -€3,500 | |
| Other amounts payable | 47/48 | €3,756 | €16,647 | +€12,891 | +343% |
| Remuneration, social security and pensions | 62 | - | €652 | +€652 | |
| Other operating charges | 640/8 | €839 | €743 | -€95 | -11.3% |
| Gross operating margin | 9900 | €3,724 | €22,781 | +€19,057 | +512% |
| Operating profit (loss) | 9901 | €2,885 | €21,386 | +€18,501 | +641% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,327 | €2,507 | +€1,180 | +88.9% |
| Recurring financial charges | 65 | €1,327 | €2,507 | +€1,180 | +88.9% |
| Profit (loss) for the period before taxes | 9903 | €1,558 | €18,879 | +€17,322 | +1,112% |
| Income taxes | 67/77 | €1,300 | €6,984 | +€5,683 | +437% |
| Profit (loss) for the period | 9904 | €257 | €11,896 | +€11,638 | +4,522% |
| Profit (loss) for the period to be appropriated | 9905 | €257 | €11,896 | +€11,638 | +4,522% |
Next steps
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 8 November 2026 via checked.be.