ARJOBO: 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.
ARJOBO
Largest movements
- Cash -€52,856
down €52,856 (-54.3%), from €97,337 to €44,480
mainly Other debts (-€101,805) and Investment in fixed assets (net) (-€91,224)
- Tangible fixed assets -€16,542
down €16,542 (-1.4%), from €1.2m to €1.2m
of which Land and buildings: -€12,812
- Other debts -€101,805
down €101,805 (-60.2%), from €169,246 to €67,441
- Debts after one year +€38,243
up €38,243 (+12.1%), from €316,683 to €354,926
of which Financial debts: +€75,726
- Profit (loss) carried forward +€32,205
up €32,205 (+16.2%), from €198,794 to €230,999
- Current portion of long-term debt -€30,351
down €30,351 (-20.0%), from €151,950 to €121,599
- Tax, wage and social debts -€26,934
down €26,934 (-63.1%), from €42,716 to €15,783
- Gross operating margin -€279,476
down €279,476 (-48.7%), from €573,933 to €294,457
- Taxes -€26,241
down €26,241 (-62.4%), from €42,024 to €15,783
- Depreciation +€8,342
up €8,342 (+8.4%), from €99,425 to €107,766
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 | €1,513,448 | €1,439,933 | -€73,514 | -4.9% |
| Fixed assets | 21/28 | €1,269,433 | €1,252,891 | -€16,542 | -1.3% |
| Tangible fixed assets | 22/27 | €1,169,393 | €1,152,851 | -€16,542 | -1.4% |
| Land and buildings | 22 | €1,165,663 | €1,152,851 | -€12,812 | -1.1% |
| Plant, machinery and equipment | 23 | €3,730 | - | -€3,730 | |
| Financial fixed assets | 28 | €100,040 | €100,040 | = | 0.0% |
| Current assets | 29/58 | €244,015 | €187,043 | -€56,972 | -23.3% |
| Amounts receivable after more than one year | 29 | €49,000 | €49,000 | = | 0.0% |
| Other amounts receivable | 291 | €49,000 | €49,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €96,617 | €90,296 | -€6,321 | -6.5% |
| Other amounts receivable | 41 | €96,617 | €90,296 | -€6,321 | -6.5% |
| Cash at bank and in hand | 54/58 | €97,337 | €44,480 | -€52,856 | -54.3% |
| Deferred charges and accrued income | 490/1 | €1,062 | €3,266 | +€2,205 | +207.7% |
| Total equity and liabilities | 10/49 | €1,513,448 | €1,439,933 | -€73,514 | -4.9% |
| Equity | 10/15 | €680,681 | €715,526 | +€34,846 | +5.1% |
| Contributions | 10/11 | €244,091 | €244,091 | = | 0.0% |
| Capital | 10 | - | €244,091 | +€244,091 | |
| Issued capital | 100 | - | €244,091 | +€244,091 | |
| Reserves | 13 | €237,796 | €240,437 | +€2,640 | +1.1% |
| Non-distributable reserves | 130/1 | - | €24,409 | +€24,409 | |
| Legal reserve | 130 | - | €24,409 | +€24,409 | |
| Tax-exempt reserves | 132 | €237,796 | €216,027 | -€21,769 | -9.2% |
| Profit (loss) carried forward | 14 | €198,794 | €230,999 | +€32,205 | +16.2% |
| Provisions and deferred taxes | 16 | €124,885 | €115,741 | -€9,144 | -7.3% |
| Deferred taxes | 168 | €124,885 | €115,741 | -€9,144 | -7.3% |
| Amounts payable | 17/49 | €707,882 | €608,666 | -€99,216 | -14.0% |
| Amounts payable after more than one year | 17 | €316,683 | €354,926 | +€38,243 | +12.1% |
| Financial debts | 170/4 | €195,866 | €271,593 | +€75,726 | +38.7% |
| Other amounts payable | 178/9 | €120,817 | €83,333 | -€37,483 | -31.0% |
| Amounts payable within one year | 42/48 | €391,199 | €253,740 | -€137,459 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €151,950 | €121,599 | -€30,351 | -20.0% |
| Trade debts | 44 | €27,286 | €48,917 | +€21,632 | +79.3% |
| Suppliers | 440/4 | €27,286 | €48,917 | +€21,632 | +79.3% |
| Taxes, remuneration and social security | 45 | €42,716 | €15,783 | -€26,934 | -63.1% |
| Taxes | 450/3 | €42,716 | €15,783 | -€26,934 | -63.1% |
| Other amounts payable | 47/48 | €169,246 | €67,441 | -€101,805 | -60.2% |
| Remuneration, social security and pensions | 62 | €41 | - | -€41 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,425 | €107,766 | +€8,342 | +8.4% |
| Other operating charges | 640/8 | €59,612 | €60,783 | +€1,171 | +2.0% |
| Non-recurring operating charges | 66A | €256,667 | €73,333 | -€183,333 | -71.4% |
| Gross operating margin | 9900 | €573,933 | €294,457 | -€279,476 | -48.7% |
| Operating profit (loss) | 9901 | €158,188 | €52,574 | -€105,614 | -66.8% |
| Financial income | 75/76B | €7 | €553 | +€546 | +8176.6% |
| Recurring financial income | 75 | €7 | €553 | +€546 | +8176.6% |
| Financial charges | 65/66B | €11,641 | €11,643 | +€1 | 0.0% |
| Recurring financial charges | 65 | €11,641 | €11,643 | +€1 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €146,553 | €41,484 | -€105,069 | -71.7% |
| Transfer from deferred taxes | 780 | €9,144 | €9,144 | = | 0.0% |
| Income taxes | 67/77 | €42,024 | €15,783 | -€26,241 | -62.4% |
| Profit (loss) for the period | 9904 | €113,674 | €34,846 | -€78,828 | -69.3% |
| Transfer from tax-exempt reserves | 789 | €21,769 | €21,769 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €135,442 | €56,614 | -€78,828 | -58.2% |
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 28 September 2026 via checked.be.