Arnaud Dubois Multi Services: 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.
Arnaud Dubois Multi Services
Largest movements
- Tangible fixed assets +€21,499
up €21,499 (+66.7%), from €32,234 to €53,733
of which Furniture and vehicles: +€23,449
- Receivables within one year +€7,249
up €7,249 (+15.5%), from €46,888 to €54,137
of which Other amounts receivable: +€10,707
- Cash -€5,797
down €5,797 (-13.1%), from €44,226 to €38,429
mainly Investment in fixed assets (net) (-€30,789) and Receivables within one year (-€7,249)
- Reserves +€25,700
up €25,700 (+31.1%), from €82,632 to €108,332
of which Tax-exempt reserves: +€25,086
- Provisions +€8,362
new in 2025: €8,362
- Tax, wage and social debts -€5,991
down €5,991 (-94.5%), from €6,343 to €352
of which Taxes: -€4,303
- Debts after one year -€4,359
no longer reported in 2025 (was €4,359)
- Current portion of long-term debt -€2,032
down €2,032 (-31.8%), from €6,391 to €4,359
- Gross operating margin +€18,955
up €18,955 (+73.2%), from €25,896 to €44,851
- Taxes -€3,067
down €3,067 (-89.5%), from €3,426 to €360
- Other operating charges -€1,710
down €1,710 (-67.4%), from €2,538 to €829
- Depreciation -€1,356
down €1,356 (-12.7%), from €10,646 to €9,290
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 | €124,068 | €147,098 | +€23,030 | +18.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €32,234 | €53,733 | +€21,499 | +66.7% |
| Tangible fixed assets | 22/27 | €32,234 | €53,733 | +€21,499 | +66.7% |
| Plant, machinery and equipment | 23 | €8,189 | €6,239 | -€1,950 | -23.8% |
| Furniture and vehicles | 24 | €24,045 | €47,494 | +€23,449 | +97.5% |
| Current assets | 29/58 | €91,834 | €93,365 | +€1,531 | +1.7% |
| Stocks and contracts in progress | 3 | €420 | €500 | +€80 | +19.0% |
| Stocks | 30/36 | €420 | €500 | +€80 | +19.0% |
| Amounts receivable within one year | 40/41 | €46,888 | €54,137 | +€7,249 | +15.5% |
| Trade receivables | 40 | €34,818 | €31,360 | -€3,458 | -9.9% |
| Other amounts receivable | 41 | €12,070 | €22,777 | +€10,707 | +88.7% |
| Current investments | 50/53 | €300 | €300 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €44,226 | €38,429 | -€5,797 | -13.1% |
| Total equity and liabilities | 10/49 | €124,068 | €147,098 | +€23,030 | +18.6% |
| Equity | 10/15 | €102,632 | €128,332 | +€25,700 | +25.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €82,632 | €108,332 | +€25,700 | +31.1% |
| Tax-exempt reserves | 132 | - | €25,086 | +€25,086 | |
| Distributable reserves | 133 | €82,632 | €83,247 | +€615 | +0.7% |
| Provisions and deferred taxes | 16 | - | €8,362 | +€8,362 | |
| Deferred taxes | 168 | - | €8,362 | +€8,362 | |
| Amounts payable | 17/49 | €21,436 | €10,404 | -€11,032 | -51.5% |
| Amounts payable after more than one year | 17 | €4,359 | - | -€4,359 | |
| Financial debts | 170/4 | €4,359 | - | -€4,359 | |
| Amounts payable within one year | 42/48 | €17,077 | €10,404 | -€6,673 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €6,391 | €4,359 | -€2,032 | -31.8% |
| Trade debts | 44 | €4,343 | €4,261 | -€83 | -1.9% |
| Suppliers | 440/4 | €4,343 | €4,261 | -€83 | -1.9% |
| Advances received on contracts in progress | 46 | - | €1,433 | +€1,433 | |
| Taxes, remuneration and social security | 45 | €6,343 | €352 | -€5,991 | -94.5% |
| Taxes | 450/3 | €4,655 | €352 | -€4,303 | -92.4% |
| Remuneration and social security | 454/9 | €1,688 | - | -€1,688 | |
| Non-recurring operating income | 76A | €3,900 | €35,213 | +€31,313 | +803% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,646 | €9,290 | -€1,356 | -12.7% |
| Other operating charges | 640/8 | €2,538 | €829 | -€1,710 | -67.4% |
| Gross operating margin | 9900 | €25,896 | €44,851 | +€18,955 | +73.2% |
| Operating profit (loss) | 9901 | €12,712 | €34,732 | +€22,021 | +173% |
| Financial income | 75/76B | €181 | €119 | -€62 | -34.3% |
| Recurring financial income | 75 | €181 | €119 | -€62 | -34.3% |
| Financial charges | 65/66B | €591 | €429 | -€161 | -27.3% |
| Recurring financial charges | 65 | €591 | €429 | -€161 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €12,302 | €34,422 | +€22,120 | +180% |
| Transfer from deferred taxes | 780 | - | €87 | +€87 | |
| Transfer to deferred taxes | 680 | - | €8,449 | +€8,449 | |
| Income taxes | 67/77 | €3,426 | €360 | -€3,067 | -89.5% |
| Profit (loss) for the period | 9904 | €8,875 | €25,700 | +€16,825 | +190% |
| Transfer from tax-exempt reserves | 789 | - | €261 | +€261 | |
| Transfer to tax-exempt reserves | 689 | - | €25,347 | +€25,347 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,875 | €615 | -€8,261 | -93.1% |
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 27 October 2026 via checked.be.