Arn-art: 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.
Arn-art
Largest movements
- Tangible fixed assets -€9,359
down €9,359 (-33.6%), from €27,834 to €18,474
of which Furniture and vehicles: -€6,324
- Cash -€6,434
down €6,434 (-59.5%), from €10,816 to €4,382
mainly Tax, wage and social debts (-€6,347) and Debts after one year (-€5,171)
- Receivables within one year +€3,899
up €3,899 (+21.6%), from €18,027 to €21,926
of which Other amounts receivable: +€2,363
- Tax, wage and social debts -€6,347
down €6,347 (-49.0%), from €12,952 to €6,606
of which Taxes: -€3,847
- Debts after one year -€5,171
down €5,171 (-38.2%), from €13,528 to €8,357
- Reserves -€1,705
down €1,705 (-8.8%), from €19,277 to €17,571
- Trade debts +€911
up €911 (+24.9%), from €3,655 to €4,566
- Gross operating margin +€1,812
up €1,812 (+24.4%), from €7,425 to €9,237
- Depreciation -€378
down €378 (-3.8%), from €9,938 to €9,559
- Financial income +€231
up €231 (+312%), from €74 to €304
- Financial charges -€194
down €194 (-18.4%), from €1,055 to €862
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 | €57,415 | €45,352 | -€12,063 | -21.0% |
| Fixed assets | 21/28 | €28,283 | €18,723 | -€9,559 | -33.8% |
| Intangible fixed assets | 21 | €449 | €249 | -€200 | -44.6% |
| Tangible fixed assets | 22/27 | €27,834 | €18,474 | -€9,359 | -33.6% |
| Plant, machinery and equipment | 23 | €6,811 | €3,776 | -€3,036 | -44.6% |
| Furniture and vehicles | 24 | €21,023 | €14,699 | -€6,324 | -30.1% |
| Current assets | 29/58 | €29,132 | €26,629 | -€2,504 | -8.6% |
| Amounts receivable within one year | 40/41 | €18,027 | €21,926 | +€3,899 | +21.6% |
| Trade receivables | 40 | €12,999 | €14,535 | +€1,535 | +11.8% |
| Other amounts receivable | 41 | €5,028 | €7,391 | +€2,363 | +47.0% |
| Cash at bank and in hand | 54/58 | €10,816 | €4,382 | -€6,434 | -59.5% |
| Deferred charges and accrued income | 490/1 | €289 | €321 | +€32 | +11.0% |
| Total equity and liabilities | 10/49 | €57,415 | €45,352 | -€12,063 | -21.0% |
| Equity | 10/15 | €22,277 | €20,571 | -€1,705 | -7.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,277 | €17,571 | -€1,705 | -8.8% |
| Distributable reserves | 133 | €19,277 | €17,571 | -€1,705 | -8.8% |
| Amounts payable | 17/49 | €35,138 | €24,780 | -€10,358 | -29.5% |
| Amounts payable after more than one year | 17 | €13,528 | €8,357 | -€5,171 | -38.2% |
| Financial debts | 170/4 | €13,528 | €8,357 | -€5,171 | -38.2% |
| Amounts payable within one year | 42/48 | €21,610 | €16,423 | -€5,186 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €4,947 | €5,171 | +€224 | +4.5% |
| Financial debts | 43 | €55 | €80 | +€25 | +44.5% |
| Credit institutions | 430/8 | €55 | €80 | +€25 | +44.5% |
| Trade debts | 44 | €3,655 | €4,566 | +€911 | +24.9% |
| Suppliers | 440/4 | €3,655 | €4,566 | +€911 | +24.9% |
| Taxes, remuneration and social security | 45 | €12,952 | €6,606 | -€6,347 | -49.0% |
| Taxes | 450/3 | €8,952 | €5,106 | -€3,847 | -43.0% |
| Remuneration and social security | 454/9 | €4,000 | €1,500 | -€2,500 | -62.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,938 | €9,559 | -€378 | -3.8% |
| Other operating charges | 640/8 | €744 | €671 | -€73 | -9.8% |
| Gross operating margin | 9900 | €7,425 | €9,237 | +€1,812 | +24.4% |
| Operating profit (loss) | 9901 | -€3,256 | -€993 | +€2,264 | +69.5% |
| Financial income | 75/76B | €74 | €304 | +€231 | +312% |
| Recurring financial income | 75 | €74 | €304 | +€231 | +312% |
| Financial charges | 65/66B | €1,055 | €862 | -€194 | -18.4% |
| Recurring financial charges | 65 | €1,055 | €862 | -€194 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,238 | -€1,550 | +€2,688 | +63.4% |
| Income taxes | 67/77 | €128 | €155 | +€27 | +21.4% |
| Profit (loss) for the period | 9904 | -€4,366 | -€1,705 | +€2,660 | +60.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,366 | -€1,705 | +€2,660 | +60.9% |
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 23 October 2026 via checked.be.