ARHUDSON: what changed
ARHUDSON
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
No income-statement line moved by more than 1% of the activity.
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,514 | €3,514 | = | 0.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Current assets | 29/58 | €3,514 | €3,514 | = | 0.0% |
| Amounts receivable after more than one year | 29 | €3,500 | €3,500 | = | 0.0% |
| Trade receivables | 290 | €3,500 | €3,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14 | €14 | = | 0.0% |
| Total equity and liabilities | 10/49 | €3,514 | €3,514 | = | 0.0% |
| Equity | 10/15 | €1,019 | €1,019 | = | 0.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | €0 | = | |
| Reserves | 13 | €9,717 | €9,717 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,717 | €9,717 | = | 0.0% |
| Distributable reserves | 133 | €0 | €0 | = | |
| Profit (loss) carried forward | 14 | -€14,895 | -€14,895 | = | 0.0% |
| Investment grants | 15 | €0 | €0 | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,495 | €2,495 | = | 0.0% |
| Amounts payable after more than one year | 17 | €2,495 | €2,495 | = | 0.0% |
| Trade debts | 175 | €0 | €0 | = | |
| Other amounts payable | 178/9 | €2,495 | €2,495 | = | 0.0% |
| Amounts payable within one year | 42/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Non-recurring operating charges | 66A | - | -€45 | -€45 | |
| Operating profit (loss) | 9901 | €0 | €45 | +€45 | |
| Financial income | 75/76B | €0 | €0 | = | |
| Recurring financial income | 75 | €0 | €0 | = | |
| Non-recurring financial income | 76B | €0 | €0 | = | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Non-recurring financial charges | 66B | €0 | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | -€45 | €0 | +€45 | |
| Transfer from deferred taxes | 780 | €0 | €0 | = | |
| Transfer to deferred taxes | 680 | €0 | €0 | = | |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€45 | €0 | +€45 | |
| Transfer from tax-exempt reserves | 789 | €0 | €0 | = | |
| Transfer to tax-exempt reserves | 689 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€45 | €0 | +€45 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.