ARGEFLOOR: 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.
ARGEFLOOR
Largest movements
- Current investments -€15,000
down €15,000 (-50.0%), from €30,000 to €15,000
- Tangible fixed assets +€14,956
up €14,956 (+13.9%), from €107,572 to €122,528
of which Furniture and vehicles: +€38,413
- Receivables within one year -€9,408
down €9,408 (-34.8%), from €27,000 to €17,592
of which Trade receivables: -€7,246
- Cash -€5,316
down €5,316 (-2.8%), from €191,112 to €185,796
mainly Investment in fixed assets (net) (-€42,508) and Trade debts (-€23,509)
- Trade debts -€23,509
down €23,509 (-71.6%), from €32,848 to €9,339
- Debts after one year +€15,510
up €15,510 (+47.7%), from €32,500 to €48,010
- Other debts +€14,744
up €14,744 (+41.0%), from €35,974 to €50,718
- Profit (loss) carried forward -€13,992
down €13,992 (-19.4%), from €71,962 to €57,970
- Reserves -€10,000
down €10,000 (-10.9%), from €92,132 to €82,132
of which Non-distributable reserves: -€8,860
- Gross operating margin -€37,513
down €37,513 (-70.2%), from €53,464 to €15,951
- Taxes -€5,543
no longer reported in 2025 (was €5,543)
- Other operating charges -€1,950
down €1,950 (-56.2%), from €3,467 to €1,517
- Depreciation +€1,760
up €1,760 (+6.8%), from €25,792 to €27,552
- Financial income +€1,470
up €1,470 (+721%), from €204 to €1,674
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.
Derived cash bridge
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 | €371,600 | €355,707 | -€15,893 | -4.3% |
| Fixed assets | 21/28 | €107,572 | €122,528 | +€14,956 | +13.9% |
| Tangible fixed assets | 22/27 | €107,572 | €122,528 | +€14,956 | +13.9% |
| Plant, machinery and equipment | 23 | €27,031 | €22,264 | -€4,767 | -17.6% |
| Furniture and vehicles | 24 | €1,573 | €39,986 | +€38,413 | +2,442% |
| Other tangible fixed assets | 26 | €78,968 | €60,278 | -€18,690 | -23.7% |
| Current assets | 29/58 | €264,028 | €233,179 | -€30,849 | -11.7% |
| Stocks and contracts in progress | 3 | €15,916 | €12,451 | -€3,465 | -21.8% |
| Stocks | 30/36 | €6,277 | €6,770 | +€493 | +7.9% |
| Contracts in progress | 37 | €9,639 | €5,681 | -€3,958 | -41.1% |
| Amounts receivable within one year | 40/41 | €27,000 | €17,592 | -€9,408 | -34.8% |
| Trade receivables | 40 | €13,307 | €6,061 | -€7,246 | -54.5% |
| Other amounts receivable | 41 | €13,693 | €11,531 | -€2,162 | -15.8% |
| Current investments | 50/53 | €30,000 | €15,000 | -€15,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €191,112 | €185,796 | -€5,316 | -2.8% |
| Deferred charges and accrued income | 490/1 | - | €2,340 | +€2,340 | |
| Total equity and liabilities | 10/49 | €371,600 | €355,707 | -€15,893 | -4.3% |
| Equity | 10/15 | €252,694 | €228,702 | -€23,992 | -9.5% |
| Contributions | 10/11 | €88,600 | €88,600 | = | 0.0% |
| Reserves | 13 | €92,132 | €82,132 | -€10,000 | -10.9% |
| Non-distributable reserves | 130/1 | €8,860 | - | -€8,860 | |
| Reserves not available under the articles | 1311 | €8,860 | - | -€8,860 | |
| Distributable reserves | 133 | €83,272 | €82,132 | -€1,140 | -1.4% |
| Profit (loss) carried forward | 14 | €71,962 | €57,970 | -€13,992 | -19.4% |
| Amounts payable | 17/49 | €118,906 | €127,005 | +€8,099 | +6.8% |
| Amounts payable after more than one year | 17 | €32,500 | €48,010 | +€15,510 | +47.7% |
| Financial debts | 170/4 | €32,500 | €48,010 | +€15,510 | +47.7% |
| Amounts payable within one year | 42/48 | €73,800 | €66,494 | -€7,306 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | - | €5,255 | +€5,255 | |
| Trade debts | 44 | €32,848 | €9,339 | -€23,509 | -71.6% |
| Suppliers | 440/4 | €32,848 | €9,339 | -€23,509 | -71.6% |
| Taxes, remuneration and social security | 45 | €4,978 | €1,182 | -€3,796 | -76.3% |
| Taxes | 450/3 | €4,978 | €1,182 | -€3,796 | -76.3% |
| Other amounts payable | 47/48 | €35,974 | €50,718 | +€14,744 | +41.0% |
| Accrued charges and deferred income | 492/3 | €12,606 | €12,501 | -€105 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,792 | €27,552 | +€1,760 | +6.8% |
| Other operating charges | 640/8 | €3,467 | €1,517 | -€1,950 | -56.2% |
| Gross operating margin | 9900 | €53,464 | €15,951 | -€37,513 | -70.2% |
| Operating profit (loss) | 9901 | €24,205 | -€13,118 | -€37,323 | |
| Financial income | 75/76B | €204 | €1,674 | +€1,470 | +721% |
| Recurring financial income | 75 | €204 | €1,674 | +€1,470 | +721% |
| Financial charges | 65/66B | €2,874 | €2,548 | -€326 | -11.3% |
| Recurring financial charges | 65 | €2,874 | €2,548 | -€326 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €21,535 | -€13,992 | -€35,527 | |
| Income taxes | 67/77 | €5,543 | - | -€5,543 | |
| Profit (loss) for the period | 9904 | €15,992 | -€13,992 | -€29,984 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,992 | -€13,992 | -€29,984 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.