ARG Clean: what changed
Two fiscal 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.
ARG Clean
Largest movements
- Tangible fixed assets +€359,726
up €359,726 (+6540.8%), from €5,500 to €365,225
of which Land and buildings: +€352,134
- Cash -€103,349
down €103,349 (-48.9%), from €211,518 to €108,169
mainly Investment in fixed assets (net) (-€369,889) and Other debts (-€101,918)
- Receivables after one year -€66,000
down €66,000 (-94.3%), from €70,000 to €4,000
- Receivables within one year +€32,167
up €32,167 (+29.4%), from €109,545 to €141,712
of which Trade receivables: +€18,763
- Debts after one year +€204,768
new in 2023: €204,768
- Other debts -€101,918
down €101,918 (-99.0%), from €102,895 to €978
- Trade debts +€62,850
up €62,850 (+407.9%), from €15,407 to €78,257
- Profit (loss) carried forward +€47,035
up €47,035 (+21.5%), from €219,031 to €266,066
- Current portion of long-term debt +€7,598
up €7,598 (+180.7%), from €4,206 to €11,804
- Taxes -€29,895
down €29,895 (-65.8%), from €45,436 to €15,542
- Gross operating margin -€28,614
down €28,614 (-25.6%), from €111,742 to €83,128
- Financial charges +€8,863
up €8,863 (+897.5%), from €988 to €9,851
- Depreciation +€8,689
up €8,689 (+631.8%), from €1,375 to €10,064
- Other operating charges -€2,097
down €2,097 (-78.4%), from €2,676 to €579
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €396,563 | €619,206 | +€222,643 | +56.1% |
| Fixed assets | 21/28 | €5,500 | €365,325 | +€359,826 | +6542.6% |
| Tangible fixed assets | 22/27 | €5,500 | €365,225 | +€359,726 | +6540.8% |
| Land and buildings | 22 | - | €352,134 | +€352,134 | |
| Plant, machinery and equipment | 23 | - | €1,786 | +€1,786 | |
| Furniture and vehicles | 24 | €5,500 | €11,305 | +€5,806 | +105.6% |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €391,063 | €253,881 | -€137,182 | -35.1% |
| Amounts receivable after more than one year | 29 | €70,000 | €4,000 | -€66,000 | -94.3% |
| Other amounts receivable | 291 | €70,000 | €4,000 | -€66,000 | -94.3% |
| Amounts receivable within one year | 40/41 | €109,545 | €141,712 | +€32,167 | +29.4% |
| Trade receivables | 40 | €59,693 | €78,456 | +€18,763 | +31.4% |
| Other amounts receivable | 41 | €49,852 | €63,255 | +€13,404 | +26.9% |
| Cash at bank and in hand | 54/58 | €211,518 | €108,169 | -€103,349 | -48.9% |
| Total equity and liabilities | 10/49 | €396,563 | €619,206 | +€222,643 | +56.1% |
| Equity | 10/15 | €268,091 | €315,126 | +€47,035 | +17.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,460 | €30,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €28,600 | €28,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €219,031 | €266,066 | +€47,035 | +21.5% |
| Amounts payable | 17/49 | €128,471 | €304,080 | +€175,608 | +136.7% |
| Amounts payable after more than one year | 17 | - | €204,768 | +€204,768 | |
| Financial debts | 170/4 | - | €204,768 | +€204,768 | |
| Amounts payable within one year | 42/48 | €128,471 | €99,311 | -€29,160 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €4,206 | €11,804 | +€7,598 | +180.7% |
| Trade debts | 44 | €15,407 | €78,257 | +€62,850 | +407.9% |
| Suppliers | 440/4 | €15,407 | €78,257 | +€62,850 | +407.9% |
| Taxes, remuneration and social security | 45 | €5,963 | €8,273 | +€2,310 | +38.7% |
| Taxes | 450/3 | €5,963 | €4,273 | -€1,690 | -28.3% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €102,895 | €978 | -€101,918 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,375 | €10,064 | +€8,689 | +631.8% |
| Other operating charges | 640/8 | €2,676 | €579 | -€2,097 | -78.4% |
| Non-recurring operating charges | 66A | - | €58 | +€58 | |
| Gross operating margin | 9900 | €111,742 | €83,128 | -€28,614 | -25.6% |
| Operating profit (loss) | 9901 | €107,691 | €72,428 | -€35,263 | -32.7% |
| Financial charges | 65/66B | €988 | €9,851 | +€8,863 | +897.5% |
| Recurring financial charges | 65 | €988 | €9,851 | +€8,863 | +897.5% |
| Profit (loss) for the period before taxes | 9903 | €106,703 | €62,577 | -€44,127 | -41.4% |
| Income taxes | 67/77 | €45,436 | €15,542 | -€29,895 | -65.8% |
| Profit (loss) for the period | 9904 | €61,267 | €47,035 | -€14,232 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €61,267 | €47,035 | -€14,232 | -23.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.