ARGUNHAN CONCEPT: 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.
ARGUNHAN CONCEPT
Largest movements
- Receivables within one year -€662
no longer reported in 2024 (was €662)
- Stocks and contracts -€584
down €584 (-25.6%), from €2,277 to €1,693
- Cash -€198
down €198 (-98.5%), from €201 to €3
mainly Other debts (-€5,110) and Tax, wage and social debts (-€749)
- Other debts -€5,110
down €5,110 (-99.1%), from €5,156 to €46
- Trade debts +€4,155
new in 2024: €4,155
- Tax, wage and social debts -€749
down €749 (-54.3%), from €1,379 to €630
- Profit (loss) carried forward +€260
up €260 (+5.5%), from -€4,715 to -€4,455
- Gross operating margin +€5,058
up €5,058, from -€4,708 to €350
- Financial charges +€84
up €84 (+1200.0%), from €7 to €91
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,140 | €1,696 | -€1,444 | -46.0% |
| Current assets | 29/58 | €3,140 | €1,696 | -€1,444 | -46.0% |
| Stocks and contracts in progress | 3 | €2,277 | €1,693 | -€584 | -25.6% |
| Stocks | 30/36 | €2,277 | €1,693 | -€584 | -25.6% |
| Amounts receivable within one year | 40/41 | €662 | - | -€662 | |
| Trade receivables | 40 | €662 | - | -€662 | |
| Cash at bank and in hand | 54/58 | €201 | €3 | -€198 | -98.5% |
| Total equity and liabilities | 10/49 | €3,140 | €1,696 | -€1,444 | -46.0% |
| Equity | 10/15 | -€3,395 | -€3,135 | +€260 | +7.7% |
| Contributions | 10/11 | €1,320 | €1,320 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,715 | -€4,455 | +€260 | +5.5% |
| Amounts payable | 17/49 | €6,535 | €4,831 | -€1,704 | -26.1% |
| Amounts payable within one year | 42/48 | €6,535 | €4,831 | -€1,704 | -26.1% |
| Trade debts | 44 | - | €4,155 | +€4,155 | |
| Suppliers | 440/4 | - | €4,155 | +€4,155 | |
| Taxes, remuneration and social security | 45 | €1,379 | €630 | -€749 | -54.3% |
| Taxes | 450/3 | €1,379 | €630 | -€749 | -54.3% |
| Other amounts payable | 47/48 | €5,156 | €46 | -€5,110 | -99.1% |
| Gross operating margin | 9900 | -€4,708 | €350 | +€5,058 | |
| Operating profit (loss) | 9901 | -€4,708 | €350 | +€5,058 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €7 | €91 | +€84 | +1200.0% |
| Recurring financial charges | 65 | €7 | €91 | +€84 | +1200.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,715 | €260 | +€4,975 | |
| Profit (loss) for the period | 9904 | -€4,715 | €260 | +€4,975 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,715 | €260 | +€4,975 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.