ARMITA: 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.
ARMITA
Largest movements
- Receivables within one year -€39,366
down €39,366 (-51.7%), from €76,120 to €36,754
- Contributions -€17,000
down €17,000 (-91.4%), from €18,600 to €1,600
- Current portion of long-term debt -€12,445
no longer reported in 2025 (was €12,445)
- Tax, wage and social debts -€4,963
down €4,963 (-59.7%), from €8,317 to €3,354
- Trade debts -€3,459
no longer reported in 2025 (was €3,459)
- Debts after one year -€1,980
down €1,980 (-30.8%), from €6,438 to €4,458
- Turnover +€60,724
new in 2025: €60,724
- Purchases and services -€36,800
down €36,800 (-36.6%), from €100,544 to €63,744
- Gross operating margin -€10,658
down €10,658 (-96.4%), from €11,052 to €394
- Taxes -€5,852
no longer reported in 2025 (was €5,852)
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 | €81,551 | €41,937 | -€39,613 | -48.6% |
| Fixed assets | 21/28 | €608 | €608 | = | 0.0% |
| Financial fixed assets | 28 | €608 | €608 | = | 0.0% |
| Current assets | 29/58 | €80,943 | €41,329 | -€39,613 | -48.9% |
| Stocks and contracts in progress | 3 | €1,082 | €1,082 | = | 0.0% |
| Stocks | 30/36 | €1,082 | €1,082 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €76,120 | €36,754 | -€39,366 | -51.7% |
| Other amounts receivable | 41 | €76,120 | €36,754 | -€39,366 | -51.7% |
| Cash at bank and in hand | 54/58 | €3,741 | €3,493 | -€248 | -6.6% |
| Total equity and liabilities | 10/49 | €81,551 | €41,937 | -€39,613 | -48.6% |
| Equity | 10/15 | €49,589 | €32,829 | -€16,760 | -33.8% |
| Contributions | 10/11 | €18,600 | €1,600 | -€17,000 | -91.4% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,094 | €1,094 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,094 | €1,094 | = | 0.0% |
| Legal reserve | 130 | €1,094 | - | -€1,094 | |
| Reserves not available under the articles | 1311 | - | €1,094 | +€1,094 | |
| Profit (loss) carried forward | 14 | €29,895 | €30,135 | +€240 | +0.8% |
| Amounts payable | 17/49 | €31,961 | €9,108 | -€22,853 | -71.5% |
| Amounts payable after more than one year | 17 | €6,438 | €4,458 | -€1,980 | -30.8% |
| Financial debts | 170/4 | €6,438 | €4,458 | -€1,980 | -30.8% |
| Amounts payable within one year | 42/48 | €25,523 | €4,650 | -€20,874 | -81.8% |
| Current portion of amounts payable after more than one year | 42 | €12,445 | - | -€12,445 | |
| Financial debts | 43 | €1,303 | €1,296 | -€7 | -0.5% |
| Credit institutions | 430/8 | €1,303 | - | -€1,303 | |
| Other loans | 439 | - | €1,296 | +€1,296 | |
| Trade debts | 44 | €3,459 | - | -€3,459 | |
| Suppliers | 440/4 | €3,459 | - | -€3,459 | |
| Taxes, remuneration and social security | 45 | €8,317 | €3,354 | -€4,963 | -59.7% |
| Taxes | 450/3 | €8,317 | €3,354 | -€4,963 | -59.7% |
| Turnover | 70 | - | €60,724 | +€60,724 | |
| Goods, raw materials, services and sundry goods | 60/61 | €100,544 | €63,744 | -€36,800 | -36.6% |
| Other operating charges | 640/8 | €650 | €57 | -€593 | -91.2% |
| Gross operating margin | 9900 | €11,052 | €394 | -€10,658 | -96.4% |
| Operating profit (loss) | 9901 | €10,402 | €337 | -€10,066 | -96.8% |
| Financial charges | 65/66B | €520 | €97 | -€424 | -81.4% |
| Recurring financial charges | 65 | €520 | €97 | -€424 | -81.4% |
| Profit (loss) for the period before taxes | 9903 | €9,882 | €240 | -€9,642 | -97.6% |
| Income taxes | 67/77 | €5,852 | - | -€5,852 | |
| Profit (loss) for the period | 9904 | €4,030 | €240 | -€3,790 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,030 | €240 | -€3,790 | -94.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.