Arens Group: what changed
Arens Group
Largest movements
- Receivables within one year -€31,753
down €31,753 (-15.7%), from €201,753 to €170,000
of which Trade receivables: -€30,587
- Cash -€15,537
down €15,537 (-93.2%), from €16,676 to €1,139
mainly Trade debts (-€24,908) and Tax, wage and social debts (-€17,034)
- Tangible fixed assets -€7,919
down €7,919 (-26.4%), from €30,030 to €22,111
- Deferred charges and accrued income -€3,270
down €3,270 (-89.7%), from €3,644 to €374
- Trade debts -€24,908
down €24,908 (-95.8%), from €25,998 to €1,090
- Tax, wage and social debts -€17,034
down €17,034 (-86.5%), from €19,689 to €2,655
- Profit (loss) carried forward -€15,107
down €15,107, from €1,626 to -€13,481
- Short-term financial debts -€6,613
no longer reported in 2025 (was €6,613)
- Other debts +€5,184
new in 2025: €5,184
- Gross operating margin -€86,890
down €86,890, from €81,193 to -€5,697
- Taxes -€24,655
no longer reported in 2025 (was €24,655)
- Depreciation +€6,274
up €6,274 (+382%), from €1,644 to €7,919
- Other operating charges -€5,185
down €5,185 (-86.6%), from €5,985 to €800
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 | €252,103 | €193,625 | -€58,478 | -23.2% |
| Fixed assets | 21/28 | €30,030 | €22,111 | -€7,919 | -26.4% |
| Tangible fixed assets | 22/27 | €30,030 | €22,111 | -€7,919 | -26.4% |
| Furniture and vehicles | 24 | €30,030 | €22,111 | -€7,919 | -26.4% |
| Current assets | 29/58 | €222,073 | €171,514 | -€50,560 | -22.8% |
| Amounts receivable within one year | 40/41 | €201,753 | €170,000 | -€31,753 | -15.7% |
| Trade receivables | 40 | €30,587 | - | -€30,587 | |
| Other amounts receivable | 41 | €171,166 | €170,000 | -€1,166 | -0.7% |
| Cash at bank and in hand | 54/58 | €16,676 | €1,139 | -€15,537 | -93.2% |
| Deferred charges and accrued income | 490/1 | €3,644 | €374 | -€3,270 | -89.7% |
| Total equity and liabilities | 10/49 | €252,103 | €193,625 | -€58,478 | -23.2% |
| Equity | 10/15 | €199,803 | €184,696 | -€15,107 | -7.6% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €198,177 | €198,177 | = | 0.0% |
| Distributable reserves | 133 | €198,177 | €198,177 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,626 | -€13,481 | -€15,107 | |
| Amounts payable | 17/49 | €52,300 | €8,929 | -€43,371 | -82.9% |
| Amounts payable within one year | 42/48 | €52,300 | €8,929 | -€43,371 | -82.9% |
| Financial debts | 43 | €6,613 | - | -€6,613 | |
| Credit institutions | 430/8 | €6,613 | - | -€6,613 | |
| Trade debts | 44 | €25,998 | €1,090 | -€24,908 | -95.8% |
| Suppliers | 440/4 | €25,998 | €1,090 | -€24,908 | -95.8% |
| Taxes, remuneration and social security | 45 | €19,689 | €2,655 | -€17,034 | -86.5% |
| Taxes | 450/3 | €19,689 | €2,655 | -€17,034 | -86.5% |
| Other amounts payable | 47/48 | - | €5,184 | +€5,184 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,644 | €7,919 | +€6,274 | +382% |
| Other operating charges | 640/8 | €5,985 | €800 | -€5,185 | -86.6% |
| Gross operating margin | 9900 | €81,193 | -€5,697 | -€86,890 | |
| Operating profit (loss) | 9901 | €73,564 | -€14,415 | -€87,979 | |
| Financial income | 75/76B | €600 | €600 | +€0 | 0.0% |
| Recurring financial income | 75 | €600 | €600 | +€0 | 0.0% |
| Financial charges | 65/66B | €1,393 | €1,292 | -€100 | -7.2% |
| Recurring financial charges | 65 | €1,393 | €1,292 | -€100 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €72,772 | -€15,107 | -€87,879 | |
| Income taxes | 67/77 | €24,655 | - | -€24,655 | |
| Profit (loss) for the period | 9904 | €48,116 | -€15,107 | -€63,224 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,116 | -€15,107 | -€63,224 |
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 7 November 2026 via checked.be.