ARMARO BENELUX: what changed
What changed
ARMARO BENELUX
NACE 46.150, Agents in the wholesale of furniture, household goods and hardware
filed annual accounts (NBB)
Net result for the year
-€7,264
2024 · -€33,166+€25,903
Equity
-€160,281
2024 · -€153,017-€7,264
Cash
€1
2024 · €1
Balance sheet total
€394,050
2024 · €342,856+€51,195
Largest movements
Assets
- Receivables within one year +€25,887
up €25,887 (+22.1%), from €116,932 to €142,819
of which Trade receivables: +€20,923
- Stocks and contracts +€23,116
up €23,116 (+10.3%), from €224,787 to €247,903
Equity and liabilities
- Trade debts +€48,180
up €48,180 (+12.8%), from €375,863 to €424,043
- Short-term financial debts +€9,857
up €9,857 (+121%), from €8,133 to €17,990
- Profit (loss) carried forward -€7,264
down €7,264 (-4.5%), from -€161,077 to -€168,341
- Other debts +€4,000
up €4,000 (+4.0%), from €100,457 to €104,457
Income statement
- Gross operating margin +€26,477
up €26,477, from -€22,836 to €3,641
- Financial charges +€1,032
up €1,032 (+16.4%), from €6,296 to €7,328
- Other operating charges -€260
down €260 (-10.4%), from €2,503 to €2,243
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.
Result 2024
-€33,166
Gross operating margin
+€26,477
Depreciation
+€135
Other operating charges
+€260
Financial income
+€44
Financial charges
-€1,032
Taxes
+€19
Result 2025
-€7,264
raises the resultlowers the result
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.
From operations
-€6,390
Investment
-€3,468
Financing
+€9,857
Cash 2024
€1
From operations (derived)
-€6,390
Net result for the year
-€7,264
Depreciation
+€1,276
Stocks and contracts
-€23,116
Receivables within one year
-€25,887
Trade debts
+€48,180
Tax, wage and social debts
-€3,579
Other debts
+€4,000
Investment (derived)
-€3,468
Investment in fixed assets (net)
-€3,468
Financing
+€9,857
Short-term financial debts
+€9,857
Cash 2025
€1
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €342,856 | €394,050 | +€51,195 | +14.9% |
| Fixed assets | 21/28 | €1,136 | €3,328 | +€2,192 | +193% |
| Tangible fixed assets | 22/27 | €1,136 | €3,328 | +€2,192 | +193% |
| Land and buildings | 22 | €219 | €164 | -€55 | -25.0% |
| Plant, machinery and equipment | 23 | €917 | €595 | -€322 | -35.1% |
| Furniture and vehicles | 24 | - | €2,569 | +€2,569 | |
| Current assets | 29/58 | €341,720 | €390,722 | +€49,003 | +14.3% |
| Stocks and contracts in progress | 3 | €224,787 | €247,903 | +€23,116 | +10.3% |
| Stocks | 30/36 | €224,787 | €247,903 | +€23,116 | +10.3% |
| Amounts receivable within one year | 40/41 | €116,932 | €142,819 | +€25,887 | +22.1% |
| Trade receivables | 40 | €73,271 | €94,194 | +€20,923 | +28.6% |
| Other amounts receivable | 41 | €43,660 | €48,625 | +€4,964 | +11.4% |
| Cash at bank and in hand | 54/58 | €1 | €1 | = | 0.0% |
| Total equity and liabilities | 10/49 | €342,856 | €394,050 | +€51,195 | +14.9% |
| Equity | 10/15 | -€153,017 | -€160,281 | -€7,264 | -4.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€161,077 | -€168,341 | -€7,264 | -4.5% |
| Amounts payable | 17/49 | €495,872 | €554,331 | +€58,459 | +11.8% |
| Amounts payable within one year | 42/48 | €495,872 | €554,331 | +€58,459 | +11.8% |
| Financial debts | 43 | €8,133 | €17,990 | +€9,857 | +121% |
| Credit institutions | 430/8 | €8,133 | €17,990 | +€9,857 | +121% |
| Trade debts | 44 | €375,863 | €424,043 | +€48,180 | +12.8% |
| Suppliers | 440/4 | €375,863 | €424,043 | +€48,180 | +12.8% |
| Advances received on contracts in progress | 46 | €825 | €825 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €10,595 | €7,016 | -€3,579 | -33.8% |
| Taxes | 450/3 | €10,595 | €7,016 | -€3,579 | -33.8% |
| Other amounts payable | 47/48 | €100,457 | €104,457 | +€4,000 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,411 | €1,276 | -€135 | -9.6% |
| Other operating charges | 640/8 | €2,503 | €2,243 | -€260 | -10.4% |
| Gross operating margin | 9900 | -€22,836 | €3,641 | +€26,477 | |
| Operating profit (loss) | 9901 | -€26,750 | €122 | +€26,872 | |
| Financial income | 75/76B | €96 | €140 | +€44 | +45.9% |
| Recurring financial income | 75 | €96 | €140 | +€44 | +45.9% |
| Financial charges | 65/66B | €6,296 | €7,328 | +€1,032 | +16.4% |
| Recurring financial charges | 65 | €6,296 | €7,328 | +€1,032 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | -€32,949 | -€7,066 | +€25,884 | +78.6% |
| Income taxes | 67/77 | €217 | €198 | -€19 | -8.7% |
| Profit (loss) for the period | 9904 | -€33,166 | -€7,264 | +€25,903 | +78.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,166 | -€7,264 | +€25,903 | +78.1% |
Next steps
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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 1 November 2026 via checked.be.