ARNIVO: 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.
ARNIVO
Largest movements
- Tangible fixed assets -€4,849
down €4,849 (-25.2%), from €19,205 to €14,356
of which Furniture and vehicles: -€3,067
- Receivables within one year +€2,637
up €2,637 (+20.1%), from €13,134 to €15,771
of which Other amounts receivable: +€1,790
- Accrued charges and deferred income +€10,340
up €10,340 (+9.7%), from €106,293 to €116,633
- Tax, wage and social debts -€9,950
down €9,950 (-66.7%), from €14,917 to €4,967
of which Taxes: -€7,450
- Profit (loss) carried forward -€7,807
down €7,807 (-6.0%), from -€130,550 to -€138,357
- Trade debts +€5,056
up €5,056 (+3.5%), from €143,415 to €148,471
- Gross operating margin +€20,042
up €20,042, from -€5,979 to €14,063
- Financial charges -€899
down €899 (-6.7%), from €13,340 to €12,441
- Write-downs +€720
new in 2025: €720
- Depreciation -€357
down €357 (-4.8%), from €7,421 to €7,064
- Financial income +€314
up €314 (+58.7%), from €535 to €849
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.
Cash bridge derived
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 | €161,179 | €158,942 | -€2,237 | -1.4% |
| Fixed assets | 21/28 | €19,205 | €14,356 | -€4,849 | -25.2% |
| Tangible fixed assets | 22/27 | €19,205 | €14,356 | -€4,849 | -25.2% |
| Furniture and vehicles | 24 | €7,882 | €4,815 | -€3,067 | -38.9% |
| Other tangible fixed assets | 26 | €11,323 | €9,541 | -€1,782 | -15.7% |
| Current assets | 29/58 | €141,974 | €144,586 | +€2,612 | +1.8% |
| Amounts receivable within one year | 40/41 | €13,134 | €15,771 | +€2,637 | +20.1% |
| Trade receivables | 40 | €1,724 | €2,571 | +€847 | +49.1% |
| Other amounts receivable | 41 | €11,410 | €13,200 | +€1,790 | +15.7% |
| Cash at bank and in hand | 54/58 | €127,446 | €127,175 | -€271 | -0.2% |
| Deferred charges and accrued income | 490/1 | €1,394 | €1,640 | +€246 | +17.6% |
| Total equity and liabilities | 10/49 | €161,179 | €158,942 | -€2,237 | -1.4% |
| Equity | 10/15 | -€103,446 | -€111,253 | -€7,807 | -7.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,904 | €20,904 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,044 | €19,044 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,550 | -€138,357 | -€7,807 | -6.0% |
| Amounts payable | 17/49 | €264,625 | €270,195 | +€5,570 | +2.1% |
| Amounts payable within one year | 42/48 | €158,332 | €153,562 | -€4,770 | -3.0% |
| Trade debts | 44 | €143,415 | €148,471 | +€5,056 | +3.5% |
| Suppliers | 440/4 | €143,415 | €148,471 | +€5,056 | +3.5% |
| Taxes, remuneration and social security | 45 | €14,917 | €4,967 | -€9,950 | -66.7% |
| Taxes | 450/3 | €12,417 | €4,967 | -€7,450 | -60.0% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | - | €124 | +€124 | |
| Accrued charges and deferred income | 492/3 | €106,293 | €116,633 | +€10,340 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,421 | €7,064 | -€357 | -4.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €720 | +€720 | |
| Other operating charges | 640/8 | €2,013 | €2,093 | +€80 | +4.0% |
| Gross operating margin | 9900 | -€5,979 | €14,063 | +€20,042 | |
| Operating profit (loss) | 9901 | -€15,413 | €4,186 | +€19,599 | |
| Financial income | 75/76B | €535 | €849 | +€314 | +58.7% |
| Recurring financial income | 75 | €535 | €849 | +€314 | +58.7% |
| Financial charges | 65/66B | €13,340 | €12,441 | -€899 | -6.7% |
| Recurring financial charges | 65 | €13,340 | €12,441 | -€899 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | -€28,218 | -€7,406 | +€20,812 | +73.8% |
| Income taxes | 67/77 | €386 | €401 | +€15 | +3.9% |
| Profit (loss) for the period | 9904 | -€28,604 | -€7,807 | +€20,797 | +72.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,604 | -€7,807 | +€20,797 | +72.7% |
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 10 October 2026 via checked.be.