ARMOS: what changed
ARMOS
Largest movements
- Cash +€26,547
up €26,547 (+2,960%), from €897 to €27,443
mainly Current portion of long-term debt (+€11,638) and Debts after one year (+€10,264)
- Receivables within one year +€10,646
up €10,646 (+24.3%), from €43,725 to €54,371
of which Trade receivables: +€6,447
- Tangible fixed assets -€6,247
down €6,247 (-59.8%), from €10,441 to €4,194
of which Furniture and vehicles: -€6,133
- Current portion of long-term debt +€11,638
up €11,638 (+228%), from €5,098 to €16,736
- Debts after one year +€10,264
up €10,264 (+298%), from €3,440 to €13,704
- Tax, wage and social debts +€9,243
up €9,243 (+1,593%), from €580 to €9,824
of which Taxes: +€6,627
- Trade debts -€2,680
down €2,680 (-44.5%), from €6,015 to €3,336
- Reserves +€2,479
up €2,479 (+7.4%), from €33,729 to €36,209
of which Distributable reserves: +€4,339
- Gross operating margin +€10,241
up €10,241 (+4,095%), from €250 to €10,491
- Taxes +€1,797
up €1,797 (+248%), from €725 to €2,522
- Financial income -€816
down €816 (-26.5%), from €3,081 to €2,265
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 | €55,063 | €86,008 | +€30,945 | +56.2% |
| Fixed assets | 21/28 | €10,441 | €4,194 | -€6,247 | -59.8% |
| Tangible fixed assets | 22/27 | €10,441 | €4,194 | -€6,247 | -59.8% |
| Plant, machinery and equipment | 23 | €65 | €0 | -€65 | -100% |
| Furniture and vehicles | 24 | €10,327 | €4,194 | -€6,133 | -59.4% |
| Other tangible fixed assets | 26 | €49 | €0 | -€49 | -100% |
| Current assets | 29/58 | €44,622 | €81,814 | +€37,192 | +83.3% |
| Amounts receivable within one year | 40/41 | €43,725 | €54,371 | +€10,646 | +24.3% |
| Trade receivables | 40 | €3,536 | €9,983 | +€6,447 | +182% |
| Other amounts receivable | 41 | €40,190 | €44,389 | +€4,199 | +10.4% |
| Cash at bank and in hand | 54/58 | €897 | €27,443 | +€26,547 | +2,960% |
| Total equity and liabilities | 10/49 | €55,063 | €86,008 | +€30,945 | +56.2% |
| Equity | 10/15 | €39,929 | €42,409 | +€2,479 | +6.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,729 | €36,209 | +€2,479 | +7.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €31,869 | €36,209 | +€4,339 | +13.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €15,134 | €43,600 | +€28,466 | +188% |
| Amounts payable after more than one year | 17 | €3,440 | €13,704 | +€10,264 | +298% |
| Financial debts | 170/4 | €3,440 | €13,704 | +€10,264 | +298% |
| Amounts payable within one year | 42/48 | €11,693 | €29,895 | +€18,202 | +156% |
| Current portion of amounts payable after more than one year | 42 | €5,098 | €16,736 | +€11,638 | +228% |
| Trade debts | 44 | €6,015 | €3,336 | -€2,680 | -44.5% |
| Suppliers | 440/4 | €6,015 | €3,336 | -€2,680 | -44.5% |
| Taxes, remuneration and social security | 45 | €580 | €9,824 | +€9,243 | +1,593% |
| Taxes | 450/3 | €580 | €7,207 | +€6,627 | +1,142% |
| Remuneration and social security | 454/9 | €0 | €2,616 | +€2,616 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,248 | €6,247 | -€1 | 0.0% |
| Other operating charges | 640/8 | €1,061 | €1,054 | -€7 | -0.6% |
| Gross operating margin | 9900 | €250 | €10,491 | +€10,241 | +4,095% |
| Operating profit (loss) | 9901 | -€7,059 | €3,191 | +€10,249 | |
| Financial income | 75/76B | €3,081 | €2,265 | -€816 | -26.5% |
| Recurring financial income | 75 | €3,081 | €2,265 | -€816 | -26.5% |
| Financial charges | 65/66B | €465 | €455 | -€11 | -2.3% |
| Recurring financial charges | 65 | €465 | €455 | -€11 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,443 | €5,001 | +€9,444 | |
| Income taxes | 67/77 | €725 | €2,522 | +€1,797 | +248% |
| Profit (loss) for the period | 9904 | -€5,168 | €2,479 | +€7,647 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,168 | €2,479 | +€7,647 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.