Arm Logistics: 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.
Arm Logistics
Largest movements
- Receivables within one year +€32,202
up €32,202 (+168.5%), from €19,107 to €51,309
of which Other amounts receivable: +€33,814
- Tangible fixed assets +€5,444
up €5,444 (+5.4%), from €100,296 to €105,740
of which Furniture and vehicles: +€27,964
- Cash -€2,995
down €2,995 (-47.6%), from €6,287 to €3,292
mainly Investment in fixed assets (net) (-€33,333) and Receivables within one year (-€32,202)
- Profit (loss) carried forward +€37,386
new in 2024: €37,386
- Reserves -€16,479
no longer reported in 2024 (was €16,479)
- Trade debts +€14,798
up €14,798 (+839.4%), from €1,763 to €16,561
- Other debts -€9,580
no longer reported in 2024 (was €9,580)
- Current portion of long-term debt +€3,654
up €3,654 (+19.6%), from €18,679 to €22,333
- Gross operating margin +€32,167
up €32,167 (+78.5%), from €40,957 to €73,124
- Depreciation +€14,882
up €14,882 (+112.5%), from €13,225 to €28,107
- Other operating charges +€9,734
up €9,734 (+523.4%), from €1,860 to €11,594
- Taxes +€3,646
up €3,646 (+137.2%), from €2,656 to €6,302
- Financial income +€1,239
new in 2024: €1,239
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 | €126,612 | €161,045 | +€34,433 | +27.2% |
| Formation expenses | 20 | €922 | €704 | -€218 | -23.6% |
| Fixed assets | 21/28 | €100,296 | €105,740 | +€5,444 | +5.4% |
| Tangible fixed assets | 22/27 | €100,296 | €105,740 | +€5,444 | +5.4% |
| Furniture and vehicles | 24 | €580 | €28,544 | +€27,964 | +4823.2% |
| Leasing and similar rights | 25 | €99,716 | €77,196 | -€22,520 | -22.6% |
| Current assets | 29/58 | €25,394 | €54,601 | +€29,207 | +115.0% |
| Amounts receivable within one year | 40/41 | €19,107 | €51,309 | +€32,202 | +168.5% |
| Trade receivables | 40 | €17,881 | €16,270 | -€1,611 | -9.0% |
| Other amounts receivable | 41 | €1,225 | €35,039 | +€33,814 | +2759.2% |
| Cash at bank and in hand | 54/58 | €6,287 | €3,292 | -€2,995 | -47.6% |
| Total equity and liabilities | 10/49 | €126,612 | €161,045 | +€34,433 | +27.2% |
| Equity | 10/15 | €20,479 | €41,386 | +€20,907 | +102.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €16,479 | - | -€16,479 | |
| Distributable reserves | 133 | €16,479 | - | -€16,479 | |
| Profit (loss) carried forward | 14 | - | €37,386 | +€37,386 | |
| Amounts payable | 17/49 | €106,133 | €119,659 | +€13,526 | +12.7% |
| Amounts payable after more than one year | 17 | €63,686 | €67,042 | +€3,356 | +5.3% |
| Financial debts | 170/4 | €63,686 | €67,042 | +€3,356 | +5.3% |
| Amounts payable within one year | 42/48 | €42,270 | €52,617 | +€10,347 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €18,679 | €22,333 | +€3,654 | +19.6% |
| Trade debts | 44 | €1,763 | €16,561 | +€14,798 | +839.4% |
| Suppliers | 440/4 | €1,763 | €16,561 | +€14,798 | +839.4% |
| Taxes, remuneration and social security | 45 | €12,248 | €13,723 | +€1,475 | +12.0% |
| Taxes | 450/3 | €9,748 | €13,723 | +€3,975 | +40.8% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €9,580 | - | -€9,580 | |
| Accrued charges and deferred income | 492/3 | €177 | - | -€177 | |
| Remuneration, social security and pensions | 62 | - | €4 | +€4 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,225 | €28,107 | +€14,882 | +112.5% |
| Other operating charges | 640/8 | €1,860 | €11,594 | +€9,734 | +523.4% |
| Gross operating margin | 9900 | €40,957 | €73,124 | +€32,167 | +78.5% |
| Operating profit (loss) | 9901 | €25,872 | €33,419 | +€7,547 | +29.2% |
| Financial income | 75/76B | - | €1,239 | +€1,239 | |
| Recurring financial income | 75 | - | €1,239 | +€1,239 | |
| Financial charges | 65/66B | €6,736 | €7,449 | +€713 | +10.6% |
| Recurring financial charges | 65 | €6,736 | €7,449 | +€713 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €19,136 | €27,209 | +€8,073 | +42.2% |
| Income taxes | 67/77 | €2,656 | €6,302 | +€3,646 | +137.2% |
| Profit (loss) for the period | 9904 | €16,479 | €20,907 | +€4,428 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,479 | €20,907 | +€4,428 | +26.9% |
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 3 October 2026 via checked.be.