ARGEÜS GROUP: 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.
ARGEÜS GROUP
Largest movements
- Receivables within one year -€4,898
down €4,898 (-9.2%), from €53,286 to €48,388
of which Trade receivables: -€17,400
- Reserves -€8,550
down €8,550 (-82.1%), from €10,410 to €1,860
of which Distributable reserves: -€8,550
- Profit (loss) carried forward +€3,943
up €3,943 (+24.8%), from -€15,908 to -€11,966
- Trade debts -€2,048
down €2,048 (-33.6%), from €6,091 to €4,043
- Tax, wage and social debts +€1,716
new in 2025: €1,716
- Gross operating margin -€3,081
down €3,081, from €2,054 to -€1,027
- Financial charges -€961
down €961 (-19.6%), from €4,909 to €3,948
- Staff costs -€252
no longer reported in 2025 (was €252)
- Other operating charges +€208
up €208 (+141%), from €147 to €355
- Financial income -€40
down €40 (-5.3%), from €762 to €721
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,193 | €64,253 | -€4,940 | -7.1% |
| Fixed assets | 21/28 | €15,861 | €15,861 | = | 0.0% |
| Financial fixed assets | 28 | €15,861 | €15,861 | = | 0.0% |
| Current assets | 29/58 | €53,333 | €48,393 | -€4,940 | -9.3% |
| Amounts receivable within one year | 40/41 | €53,286 | €48,388 | -€4,898 | -9.2% |
| Trade receivables | 40 | €22,752 | €5,352 | -€17,400 | -76.5% |
| Other amounts receivable | 41 | €30,534 | €43,036 | +€12,502 | +40.9% |
| Deferred charges and accrued income | 490/1 | €46 | €4 | -€42 | -90.4% |
| Total equity and liabilities | 10/49 | €69,193 | €64,253 | -€4,940 | -7.1% |
| Equity | 10/15 | €13,102 | €8,494 | -€4,608 | -35.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,410 | €1,860 | -€8,550 | -82.1% |
| 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 | €8,550 | - | -€8,550 | |
| Profit (loss) carried forward | 14 | -€15,908 | -€11,966 | +€3,943 | +24.8% |
| Amounts payable | 17/49 | €56,091 | €55,759 | -€333 | -0.6% |
| Amounts payable within one year | 42/48 | €56,091 | €55,759 | -€333 | -0.6% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €6,091 | €4,043 | -€2,048 | -33.6% |
| Suppliers | 440/4 | €6,091 | €4,043 | -€2,048 | -33.6% |
| Taxes, remuneration and social security | 45 | - | €1,716 | +€1,716 | |
| Taxes | 450/3 | - | €1,716 | +€1,716 | |
| Remuneration, social security and pensions | 62 | €252 | - | -€252 | |
| Other operating charges | 640/8 | €147 | €355 | +€208 | +141% |
| Gross operating margin | 9900 | €2,054 | -€1,027 | -€3,081 | |
| Operating profit (loss) | 9901 | €1,655 | -€1,381 | -€3,037 | |
| Financial income | 75/76B | €762 | €721 | -€40 | -5.3% |
| Recurring financial income | 75 | €762 | €721 | -€40 | -5.3% |
| Financial charges | 65/66B | €4,909 | €3,948 | -€961 | -19.6% |
| Recurring financial charges | 65 | €4,909 | €3,948 | -€961 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,491 | -€4,608 | -€2,116 | -84.9% |
| Profit (loss) for the period | 9904 | -€2,491 | -€4,608 | -€2,116 | -84.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,491 | -€4,608 | -€2,116 | -84.9% |
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 23 October 2026 via checked.be.