ARGOS SALARY: 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.
ARGOS SALARY
Largest movements
- Intangible fixed assets +€16,277
up €16,277 (+17.3%), from €93,840 to €110,117
- Receivables within one year +€7,755
up €7,755 (+38.8%), from €20,000 to €27,755
of which Trade receivables: +€5,534
- Deferred charges and accrued income -€2,708
down €2,708 (-100%), from €2,708 to €0
- Trade debts +€36,978
up €36,978 (+426%), from €8,685 to €45,664
- Debts after one year -€13,328
down €13,328 (-17.5%), from €76,136 to €62,807
- Other debts +€6,651
up €6,651, from €0 to €6,651
- Tax, wage and social debts -€5,029
down €5,029 (-76.7%), from €6,558 to €1,528
of which Taxes: -€4,007
- Current portion of long-term debt -€4,887
down €4,887 (-26.8%), from €18,216 to €13,328
- Depreciation +€3,135
up €3,135 (+19.4%), from €16,160 to €19,294
- Staff costs +€2,183
up €2,183 (+69.2%), from €3,156 to €5,339
- Turnover +€1,243
up €1,243 (+1.1%), from €108,347 to €109,590
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 | €117,275 | €138,479 | +€21,204 | +18.1% |
| Fixed assets | 21/28 | €93,840 | €110,117 | +€16,277 | +17.3% |
| Intangible fixed assets | 21 | €93,840 | €110,117 | +€16,277 | +17.3% |
| Current assets | 29/58 | €23,434 | €28,362 | +€4,927 | +21.0% |
| Amounts receivable within one year | 40/41 | €20,000 | €27,755 | +€7,755 | +38.8% |
| Trade receivables | 40 | €20,000 | €25,534 | +€5,534 | +27.7% |
| Other amounts receivable | 41 | €0 | €2,221 | +€2,221 | |
| Cash at bank and in hand | 54/58 | €726 | €606 | -€120 | -16.5% |
| Deferred charges and accrued income | 490/1 | €2,708 | €0 | -€2,708 | -100% |
| Total equity and liabilities | 10/49 | €117,275 | €138,479 | +€21,204 | +18.1% |
| Equity | 10/15 | €7,680 | €8,500 | +€820 | +10.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,680 | €3,500 | +€820 | +30.6% |
| Amounts payable | 17/49 | €109,595 | €129,979 | +€20,384 | +18.6% |
| Amounts payable after more than one year | 17 | €76,136 | €62,807 | -€13,328 | -17.5% |
| Financial debts | 170/4 | €76,136 | €62,807 | -€13,328 | -17.5% |
| Amounts payable within one year | 42/48 | €33,459 | €67,171 | +€33,712 | +101% |
| Current portion of amounts payable after more than one year | 42 | €18,216 | €13,328 | -€4,887 | -26.8% |
| Trade debts | 44 | €8,685 | €45,664 | +€36,978 | +426% |
| Suppliers | 440/4 | €8,685 | €45,664 | +€36,978 | +426% |
| Taxes, remuneration and social security | 45 | €6,558 | €1,528 | -€5,029 | -76.7% |
| Taxes | 450/3 | €5,535 | €1,528 | -€4,007 | -72.4% |
| Remuneration and social security | 454/9 | €1,023 | €0 | -€1,023 | -100% |
| Other amounts payable | 47/48 | €0 | €6,651 | +€6,651 | |
| Turnover | 70 | €108,347 | €109,590 | +€1,243 | +1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €78,884 | €79,268 | +€384 | +0.5% |
| Remuneration, social security and pensions | 62 | €3,156 | €5,339 | +€2,183 | +69.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,160 | €19,294 | +€3,135 | +19.4% |
| Other operating charges | 640/8 | €807 | €199 | -€608 | -75.3% |
| Gross operating margin | 9900 | €29,463 | €30,321 | +€859 | +2.9% |
| Operating profit (loss) | 9901 | €9,340 | €5,489 | -€3,851 | -41.2% |
| Financial income | 75/76B | €0 | €10 | +€10 | |
| Recurring financial income | 75 | €0 | €10 | +€10 | |
| Financial charges | 65/66B | €5,785 | €4,866 | -€919 | -15.9% |
| Recurring financial charges | 65 | €5,785 | €4,866 | -€919 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €3,555 | €633 | -€2,922 | -82.2% |
| Income taxes | 67/77 | €875 | -€188 | -€1,063 | |
| Profit (loss) for the period | 9904 | €2,680 | €820 | -€1,860 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,680 | €820 | -€1,860 | -69.4% |
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.