Armi's classic touch: what changed
Armi's classic touch
Largest movements
- Tangible fixed assets +€2,015
up €2,015 (+69.1%), from €2,918 to €4,933
- Cash +€1,953
up €1,953 (+223%), from €876 to €2,828
mainly Other debts (+€3,129) and Depreciation (+€1,385)
- Receivables within one year +€181
up €181 (+919%), from €20 to €201
- Other debts +€3,129
up €3,129 (+7.2%), from €43,451 to €46,580
- Profit (loss) carried forward +€993
up €993 (+2.2%), from -€44,540 to -€43,548
- Gross operating margin +€4,619
up €4,619, from -€1,516 to €3,104
- Depreciation +€589
up €589 (+74.0%), from €796 to €1,385
- Financial charges +€40
up €40 (+29.1%), from €137 to €177
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,761 | €9,909 | +€4,149 | +72.0% |
| Fixed assets | 21/28 | €4,865 | €6,880 | +€2,015 | +41.4% |
| Tangible fixed assets | 22/27 | €2,918 | €4,933 | +€2,015 | +69.1% |
| Plant, machinery and equipment | 23 | €2,918 | €4,933 | +€2,015 | +69.1% |
| Financial fixed assets | 28 | €1,947 | €1,947 | = | 0.0% |
| Current assets | 29/58 | €896 | €3,029 | +€2,134 | +238% |
| Amounts receivable within one year | 40/41 | €20 | €201 | +€181 | +919% |
| Trade receivables | 40 | €20 | €201 | +€181 | +919% |
| Cash at bank and in hand | 54/58 | €876 | €2,828 | +€1,953 | +223% |
| Total equity and liabilities | 10/49 | €5,761 | €9,909 | +€4,149 | +72.0% |
| Equity | 10/15 | -€38,340 | -€37,348 | +€993 | +2.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,540 | -€43,548 | +€993 | +2.2% |
| Amounts payable | 17/49 | €44,101 | €47,257 | +€3,156 | +7.2% |
| Amounts payable within one year | 42/48 | €44,101 | €47,257 | +€3,156 | +7.2% |
| Trade debts | 44 | €217 | €154 | -€63 | -29.0% |
| Suppliers | 440/4 | €217 | €154 | -€63 | -29.0% |
| Taxes, remuneration and social security | 45 | €433 | €523 | +€90 | +20.8% |
| Taxes | 450/3 | €433 | €523 | +€90 | +20.8% |
| Other amounts payable | 47/48 | €43,451 | €46,580 | +€3,129 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €796 | €1,385 | +€589 | +74.0% |
| Other operating charges | 640/8 | €535 | €550 | +€14 | +2.7% |
| Gross operating margin | 9900 | -€1,516 | €3,104 | +€4,619 | |
| Operating profit (loss) | 9901 | -€2,847 | €1,169 | +€4,016 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €137 | €177 | +€40 | +29.1% |
| Recurring financial charges | 65 | €137 | €177 | +€40 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,984 | €993 | +€3,977 | |
| Profit (loss) for the period | 9904 | -€2,984 | €993 | +€3,977 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,984 | €993 | +€3,977 |
Next steps
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 2 November 2026 via checked.be.