ARHAS TECHNOLOGIES: 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.
ARHAS TECHNOLOGIES
Largest movements
- Receivables within one year +€333,196
up €333,196 (+73.9%), from €450,982 to €784,178
of which Trade receivables: +€331,214
- Other debts +€163,998
up €163,998 (+1013.9%), from €16,174 to €180,173
- Tax, wage and social debts +€124,026
up €124,026 (+49.7%), from €249,507 to €373,533
of which Taxes: +€67,854
- Profit (loss) carried forward +€23,019
up €23,019 (+25.4%), from €90,620 to €113,639
- Trade debts +€20,632
up €20,632 (+12.9%), from €160,144 to €180,777
- Gross operating margin -€7,615
down €7,615 (-19.1%), from €39,942 to €32,327
- Taxes -€2,162
down €2,162 (-22.5%), from €9,597 to €7,435
- Other operating charges -€805
down €805 (-80.9%), from €994 to €189
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 | €520,445 | €852,121 | +€331,676 | +63.7% |
| Fixed assets | 21/28 | €3,024 | €1,504 | -€1,520 | -50.3% |
| Tangible fixed assets | 22/27 | €2,914 | €1,394 | -€1,520 | -52.2% |
| Furniture and vehicles | 24 | €2,914 | €1,394 | -€1,520 | -52.2% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €517,421 | €850,617 | +€333,196 | +64.4% |
| Amounts receivable within one year | 40/41 | €450,982 | €784,178 | +€333,196 | +73.9% |
| Trade receivables | 40 | €352,335 | €683,548 | +€331,214 | +94.0% |
| Other amounts receivable | 41 | €98,647 | €100,630 | +€1,982 | +2.0% |
| Cash at bank and in hand | 54/58 | €66,439 | €66,439 | = | 0.0% |
| Total equity and liabilities | 10/49 | €520,445 | €852,121 | +€331,676 | +63.7% |
| Equity | 10/15 | €94,620 | €117,639 | +€23,019 | +24.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,620 | €113,639 | +€23,019 | +25.4% |
| Amounts payable | 17/49 | €425,825 | €734,482 | +€308,657 | +72.5% |
| Amounts payable within one year | 42/48 | €425,825 | €734,482 | +€308,657 | +72.5% |
| Trade debts | 44 | €160,144 | €180,777 | +€20,632 | +12.9% |
| Suppliers | 440/4 | €160,144 | €180,777 | +€20,632 | +12.9% |
| Taxes, remuneration and social security | 45 | €249,507 | €373,533 | +€124,026 | +49.7% |
| Taxes | 450/3 | €195,908 | €263,761 | +€67,854 | +34.6% |
| Remuneration and social security | 454/9 | €53,599 | €109,771 | +€56,172 | +104.8% |
| Other amounts payable | 47/48 | €16,174 | €180,173 | +€163,998 | +1013.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,520 | €1,520 | = | 0.0% |
| Other operating charges | 640/8 | €994 | €189 | -€805 | -80.9% |
| Gross operating margin | 9900 | €39,942 | €32,327 | -€7,615 | -19.1% |
| Operating profit (loss) | 9901 | €37,427 | €30,617 | -€6,810 | -18.2% |
| Financial charges | 65/66B | €77 | €163 | +€86 | +111.3% |
| Recurring financial charges | 65 | €77 | €163 | +€86 | +111.3% |
| Profit (loss) for the period before taxes | 9903 | €37,350 | €30,454 | -€6,896 | -18.5% |
| Income taxes | 67/77 | €9,597 | €7,435 | -€2,162 | -22.5% |
| Profit (loss) for the period | 9904 | €27,754 | €23,019 | -€4,734 | -17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,754 | €23,019 | -€4,734 | -17.1% |
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 1 October 2026 via checked.be.