ARM Logistics Group: what changed
Two financial 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 Group
Largest movements
- Receivables within one year -€24,630
down €24,630 (-40.7%), from €60,470 to €35,841
of which Trade receivables: -€21,169
- Tangible fixed assets -€22,599
down €22,599 (-42.7%), from €52,871 to €30,272
of which Furniture and vehicles: -€19,665
- Cash -€1,686
down €1,686 (-41.7%), from €4,040 to €2,353
mainly Debts after one year (-€22,148) and Net result for the year (-€21,012)
- Debts after one year -€22,148
down €22,148 (-100%), from €22,148 to €0
- Profit (loss) carried forward -€21,012
down €21,012, from €9,855 to -€11,156
- Trade debts -€16,140
down €16,140 (-57.6%), from €28,036 to €11,896
- Tax, wage and social debts +€10,340
up €10,340 (+33.3%), from €31,082 to €41,422
- Gross operating margin -€16,555
down €16,555 (-49.1%), from €33,696 to €17,141
- Other operating charges +€3,939
up €3,939 (+48.5%), from €8,127 to €12,066
- Depreciation +€714
up €714 (+3.3%), from €21,885 to €22,599
- Financial charges +€351
up €351 (+11.9%), from €2,958 to €3,309
From the 2024 result to the 2025 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.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,609 | €69,310 | -€48,299 | -41.1% |
| Fixed assets | 21/28 | €52,871 | €30,272 | -€22,599 | -42.7% |
| Tangible fixed assets | 22/27 | €52,871 | €30,272 | -€22,599 | -42.7% |
| Plant, machinery and equipment | 23 | €5,436 | €2,503 | -€2,933 | -54.0% |
| Furniture and vehicles | 24 | €47,435 | €27,769 | -€19,665 | -41.5% |
| Current assets | 29/58 | €64,739 | €39,038 | -€25,700 | -39.7% |
| Amounts receivable within one year | 40/41 | €60,470 | €35,841 | -€24,630 | -40.7% |
| Trade receivables | 40 | €53,855 | €32,686 | -€21,169 | -39.3% |
| Other amounts receivable | 41 | €6,615 | €3,154 | -€3,461 | -52.3% |
| Cash at bank and in hand | 54/58 | €4,040 | €2,353 | -€1,686 | -41.7% |
| Deferred charges and accrued income | 490/1 | €228 | €844 | +€616 | +270% |
| Total equity and liabilities | 10/49 | €117,609 | €69,310 | -€48,299 | -41.1% |
| Equity | 10/15 | €14,855 | -€6,156 | -€21,012 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,855 | -€11,156 | -€21,012 | |
| Amounts payable | 17/49 | €102,754 | €75,467 | -€27,287 | -26.6% |
| Amounts payable after more than one year | 17 | €22,148 | €0 | -€22,148 | -100% |
| Financial debts | 170/4 | €22,148 | €0 | -€22,148 | -100% |
| Amounts payable within one year | 42/48 | €80,606 | €75,467 | -€5,139 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €21,488 | €22,148 | +€661 | +3.1% |
| Trade debts | 44 | €28,036 | €11,896 | -€16,140 | -57.6% |
| Suppliers | 440/4 | €28,036 | €11,896 | -€16,140 | -57.6% |
| Taxes, remuneration and social security | 45 | €31,082 | €41,422 | +€10,340 | +33.3% |
| Taxes | 450/3 | €31,082 | €41,422 | +€10,340 | +33.3% |
| Non-recurring operating income | 76A | €0 | €264 | +€264 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,885 | €22,599 | +€714 | +3.3% |
| Other operating charges | 640/8 | €8,127 | €12,066 | +€3,939 | +48.5% |
| Non-recurring operating charges | 66A | €375 | €437 | +€62 | +16.6% |
| Gross operating margin | 9900 | €33,696 | €17,141 | -€16,555 | -49.1% |
| Operating profit (loss) | 9901 | €3,308 | -€17,961 | -€21,270 | |
| Financial income | 75/76B | €150 | €259 | +€109 | +72.5% |
| Recurring financial income | 75 | €150 | €259 | +€109 | +72.5% |
| Financial charges | 65/66B | €2,958 | €3,309 | +€351 | +11.9% |
| Recurring financial charges | 65 | €2,958 | €3,309 | +€351 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €500 | -€21,012 | -€21,512 | |
| Profit (loss) for the period | 9904 | €500 | -€21,012 | -€21,512 | |
| Profit (loss) for the period to be appropriated | 9905 | €500 | -€21,012 | -€21,512 |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.