ARN DECORATION: 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 DECORATION
Largest movements
- Receivables within one year -€7,265
down €7,265 (-44.0%), from €16,498 to €9,232
of which Trade receivables: -€4,209
- Tangible fixed assets -€1,436
no longer reported in 2022 (was €1,436)
- Cash -€1,304
no longer reported in 2022 (was €1,304)
mainly Net result for the year (-€7,701) and Other debts (-€2,194)
- Deferred charges and accrued income -€396
no longer reported in 2022 (was €396)
- Financial fixed assets -€260
no longer reported in 2022 (was €260)
- Profit (loss) carried forward -€7,701
down €7,701, from €3,072 to -€4,629
- Other debts -€2,194
down €2,194 (-25.7%), from €8,540 to €6,346
- Tax, wage and social debts -€561
down €561 (-18.8%), from €2,976 to €2,415
- Trade debts -€305
no longer reported in 2022 (was €305)
- Other operating charges +€3,258
up €3,258 (+448%), from €727 to €3,985
- Gross operating margin +€2,211
up €2,211 (+38.5%), from -€5,747 to -€3,536
- Staff costs -€1,021
no longer reported in 2022 (was €1,021)
- Depreciation -€947
no longer reported in 2022 (was €947)
- Financial charges +€61
up €61 (+50.4%), from €120 to €181
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,894 | €9,232 | -€10,662 | -53.6% |
| Fixed assets | 21/28 | €1,696 | - | -€1,696 | |
| Tangible fixed assets | 22/27 | €1,436 | - | -€1,436 | |
| Furniture and vehicles | 24 | €1,436 | - | -€1,436 | |
| Financial fixed assets | 28 | €260 | - | -€260 | |
| Current assets | 29/58 | €18,198 | €9,232 | -€8,966 | -49.3% |
| Amounts receivable within one year | 40/41 | €16,498 | €9,232 | -€7,265 | -44.0% |
| Trade receivables | 40 | €6,024 | €1,815 | -€4,209 | -69.9% |
| Other amounts receivable | 41 | €10,474 | €7,417 | -€3,056 | -29.2% |
| Cash at bank and in hand | 54/58 | €1,304 | - | -€1,304 | |
| Deferred charges and accrued income | 490/1 | €396 | - | -€396 | |
| Total equity and liabilities | 10/49 | €19,894 | €9,232 | -€10,662 | -53.6% |
| Equity | 10/15 | €8,072 | €371 | -€7,701 | -95.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,072 | -€4,629 | -€7,701 | |
| Amounts payable | 17/49 | €11,822 | €8,861 | -€2,960 | -25.0% |
| Amounts payable within one year | 42/48 | €11,822 | €8,861 | -€2,960 | -25.0% |
| Financial debts | 43 | - | €100 | +€100 | |
| Credit institutions | 430/8 | - | €100 | +€100 | |
| Trade debts | 44 | €305 | - | -€305 | |
| Suppliers | 440/4 | €305 | - | -€305 | |
| Taxes, remuneration and social security | 45 | €2,976 | €2,415 | -€561 | -18.8% |
| Taxes | 450/3 | €2,976 | €2,415 | -€561 | -18.8% |
| Other amounts payable | 47/48 | €8,540 | €6,346 | -€2,194 | -25.7% |
| Remuneration, social security and pensions | 62 | €1,021 | - | -€1,021 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €947 | - | -€947 | |
| Other operating charges | 640/8 | €727 | €3,985 | +€3,258 | +448% |
| Gross operating margin | 9900 | -€5,747 | -€3,536 | +€2,211 | +38.5% |
| Operating profit (loss) | 9901 | -€8,442 | -€7,520 | +€921 | +10.9% |
| Financial charges | 65/66B | €120 | €181 | +€61 | +50.4% |
| Recurring financial charges | 65 | €120 | €181 | +€61 | +50.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,562 | -€7,701 | +€861 | +10.1% |
| Profit (loss) for the period | 9904 | -€8,562 | -€7,701 | +€861 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,562 | -€7,701 | +€861 | +10.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.