ARIMAX: 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.
ARIMAX
Largest movements
- Tangible fixed assets -€16,369
down €16,369 (-8.2%), from €200,499 to €184,130
of which Land and buildings: -€14,663
- Cash +€2,578
up €2,578 (+381.4%), from €676 to €3,253
mainly Depreciation (+€23,536) and Accrued charges and deferred income (+€795)
- Other debts -€9,257
down €9,257 (-7.4%), from €124,292 to €115,035
- Profit (loss) carried forward -€6,574
down €6,574 (-2.3%), from -€282,642 to -€289,216
- Gross operating margin +€2,111
up €2,111 (+11.2%), from €18,888 to €20,999
- Depreciation +€1,035
up €1,035 (+4.6%), from €22,501 to €23,536
- Financial charges -€295
down €295 (-54.1%), from €545 to €250
- Other operating charges +€255
up €255 (+7.2%), from €3,533 to €3,788
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 | €204,215 | €189,696 | -€14,520 | -7.1% |
| Fixed assets | 21/28 | €200,499 | €184,130 | -€16,369 | -8.2% |
| Tangible fixed assets | 22/27 | €200,499 | €184,130 | -€16,369 | -8.2% |
| Land and buildings | 22 | €187,285 | €172,622 | -€14,663 | -7.8% |
| Plant, machinery and equipment | 23 | €6,032 | €4,983 | -€1,049 | -17.4% |
| Furniture and vehicles | 24 | €2,970 | €2,370 | -€600 | -20.2% |
| Leasing and similar rights | 25 | €4,212 | €4,155 | -€56 | -1.3% |
| Current assets | 29/58 | €3,717 | €5,566 | +€1,849 | +49.7% |
| Amounts receivable within one year | 40/41 | €1,063 | €1,063 | = | 0.0% |
| Other amounts receivable | 41 | €1,063 | €1,063 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €676 | €3,253 | +€2,578 | +381.4% |
| Deferred charges and accrued income | 490/1 | €1,978 | €1,249 | -€729 | -36.9% |
| Total equity and liabilities | 10/49 | €204,215 | €189,696 | -€14,520 | -7.1% |
| Equity | 10/15 | €78,787 | €72,213 | -€6,574 | -8.3% |
| Contributions | 10/11 | €361,429 | €361,429 | = | 0.0% |
| Capital | 10 | €361,429 | €361,429 | = | 0.0% |
| Issued capital | 100 | €361,429 | €361,429 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€282,642 | -€289,216 | -€6,574 | -2.3% |
| Amounts payable | 17/49 | €125,429 | €117,483 | -€7,946 | -6.3% |
| Amounts payable within one year | 42/48 | €125,263 | €116,522 | -€8,741 | -7.0% |
| Trade debts | 44 | €971 | €1,488 | +€516 | +53.1% |
| Suppliers | 440/4 | €971 | €1,488 | +€516 | +53.1% |
| Other amounts payable | 47/48 | €124,292 | €115,035 | -€9,257 | -7.4% |
| Accrued charges and deferred income | 492/3 | €166 | €961 | +€795 | +478.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,501 | €23,536 | +€1,035 | +4.6% |
| Other operating charges | 640/8 | €3,533 | €3,788 | +€255 | +7.2% |
| Gross operating margin | 9900 | €18,888 | €20,999 | +€2,111 | +11.2% |
| Operating profit (loss) | 9901 | -€7,146 | -€6,324 | +€822 | +11.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1900.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1900.0% |
| Financial charges | 65/66B | €545 | €250 | -€295 | -54.1% |
| Recurring financial charges | 65 | €545 | €250 | -€295 | -54.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,691 | -€6,574 | +€1,117 | +14.5% |
| Profit (loss) for the period | 9904 | -€7,691 | -€6,574 | +€1,117 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,691 | -€6,574 | +€1,117 | +14.5% |
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 30 September 2026 via checked.be.