ARNO BEYLS: 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.
ARNO BEYLS
Largest movements
- Cash +€46,886
up €46,886 (+197%), from €23,856 to €70,742
mainly Net result for the year (+€59,967) and Tax, wage and social debts (+€6,315)
- Receivables within one year +€14,516
up €14,516 (+150%), from €9,684 to €24,200
of which Trade receivables: +€14,520
- Tangible fixed assets +€4,106
new in 2025: €4,106
- Deferred charges and accrued income +€1,240
new in 2025: €1,240
- Reserves +€59,967
up €59,967 (+261%), from €22,966 to €82,934
- Tax, wage and social debts +€6,315
up €6,315 (+141%), from €4,485 to €10,800
- Gross operating margin +€47,357
up €47,357 (+154%), from €30,713 to €78,070
- Taxes +€9,760
up €9,760 (+147%), from €6,637 to €16,397
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 | €33,541 | €100,289 | +€66,748 | +199% |
| Fixed assets | 21/28 | - | €4,106 | +€4,106 | |
| Tangible fixed assets | 22/27 | - | €4,106 | +€4,106 | |
| Furniture and vehicles | 24 | - | €4,106 | +€4,106 | |
| Current assets | 29/58 | €33,541 | €96,182 | +€62,642 | +187% |
| Amounts receivable within one year | 40/41 | €9,684 | €24,200 | +€14,516 | +150% |
| Trade receivables | 40 | €9,680 | €24,200 | +€14,520 | +150% |
| Other amounts receivable | 41 | €4 | €0 | -€4 | -100% |
| Cash at bank and in hand | 54/58 | €23,856 | €70,742 | +€46,886 | +197% |
| Deferred charges and accrued income | 490/1 | - | €1,240 | +€1,240 | |
| Total equity and liabilities | 10/49 | €33,541 | €100,289 | +€66,748 | +199% |
| Equity | 10/15 | €27,966 | €87,934 | +€59,967 | +214% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €22,966 | €82,934 | +€59,967 | +261% |
| Distributable reserves | 133 | €22,966 | €82,934 | +€59,967 | +261% |
| Amounts payable | 17/49 | €5,574 | €12,355 | +€6,781 | +122% |
| Amounts payable within one year | 42/48 | €5,574 | €12,355 | +€6,781 | +122% |
| Trade debts | 44 | €1,089 | €1,555 | +€466 | +42.8% |
| Suppliers | 440/4 | €1,089 | €1,555 | +€466 | +42.8% |
| Taxes, remuneration and social security | 45 | €4,485 | €10,800 | +€6,315 | +141% |
| Taxes | 450/3 | €4,485 | €10,800 | +€6,315 | +141% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €355 | +€355 | |
| Other operating charges | 640/8 | €1,053 | €832 | -€221 | -21.0% |
| Gross operating margin | 9900 | €30,713 | €78,070 | +€47,357 | +154% |
| Operating profit (loss) | 9901 | €29,660 | €76,884 | +€47,224 | +159% |
| Financial charges | 65/66B | €56 | €519 | +€463 | +820% |
| Recurring financial charges | 65 | €56 | €519 | +€463 | +820% |
| Profit (loss) for the period before taxes | 9903 | €29,604 | €76,364 | +€46,761 | +158% |
| Income taxes | 67/77 | €6,637 | €16,397 | +€9,760 | +147% |
| Profit (loss) for the period | 9904 | €22,966 | €59,967 | +€37,001 | +161% |
| Profit (loss) for the period to be appropriated | 9905 | €22,966 | €59,967 | +€37,001 | +161% |
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 19 October 2026 via checked.be.