ARPA-TECH: what changed
Two fiscal 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.
ARPA-TECH
Largest movements
- Tangible fixed assets +€97,545
up €97,545 (+34.2%), from €285,023 to €382,568
of which Furniture and vehicles: +€122,591
- Receivables within one year +€69,263
up €69,263 (+8.4%), from €825,332 to €894,594
of which Trade receivables: +€79,330
- Cash +€54,702
up €54,702 (+5.4%), from €1.0m to €1.1m
mainly Net result for the year (+€220,582) and Other debts (+€194,737)
- Reserves -€206,322
down €206,322 (-19.2%), from €1.1m to €869,961
- Other debts +€194,737
up €194,737 (+185.0%), from €105,263 to €300,000
- Trade debts +€111,948
up €111,948 (+13.9%), from €808,169 to €920,118
- Tax, wage and social debts +€51,752
up €51,752 (+55.2%), from €93,746 to €145,498
of which Taxes: +€49,342
- Current portion of long-term debt +€37,644
up €37,644 (+61.3%), from €61,456 to €99,100
- Gross operating margin +€126,983
up €126,983 (+8.4%), from €1.5m to €1.6m
- Staff costs +€46,935
up €46,935 (+4.3%), from €1.1m to €1.2m
- Taxes +€45,250
up €45,250 (+61.8%), from €73,239 to €118,488
- Write-downs -€34,511
no longer reported in 2025 (was €34,511)
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 | €2,232,221 | €2,450,419 | +€218,198 | +9.8% |
| Fixed assets | 21/28 | €285,023 | €382,568 | +€97,545 | +34.2% |
| Tangible fixed assets | 22/27 | €285,023 | €382,568 | +€97,545 | +34.2% |
| Plant, machinery and equipment | 23 | €74,191 | €49,145 | -€25,046 | -33.8% |
| Furniture and vehicles | 24 | €210,833 | €333,424 | +€122,591 | +58.1% |
| Current assets | 29/58 | €1,947,197 | €2,067,851 | +€120,653 | +6.2% |
| Stocks and contracts in progress | 3 | €105,424 | €102,113 | -€3,312 | -3.1% |
| Stocks | 30/36 | €105,424 | €102,113 | -€3,312 | -3.1% |
| Amounts receivable within one year | 40/41 | €825,332 | €894,594 | +€69,263 | +8.4% |
| Trade receivables | 40 | €718,117 | €797,447 | +€79,330 | +11.0% |
| Other amounts receivable | 41 | €107,214 | €97,147 | -€10,067 | -9.4% |
| Cash at bank and in hand | 54/58 | €1,016,442 | €1,071,144 | +€54,702 | +5.4% |
| Total equity and liabilities | 10/49 | €2,232,221 | €2,450,419 | +€218,198 | +9.8% |
| Equity | 10/15 | €1,082,483 | €876,161 | -€206,322 | -19.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,076,283 | €869,961 | -€206,322 | -19.2% |
| Distributable reserves | 133 | €1,076,283 | €869,961 | -€206,322 | -19.2% |
| Amounts payable | 17/49 | €1,149,738 | €1,574,258 | +€424,520 | +36.9% |
| Amounts payable after more than one year | 17 | €81,103 | €109,543 | +€28,439 | +35.1% |
| Financial debts | 170/4 | €81,103 | €109,543 | +€28,439 | +35.1% |
| Amounts payable within one year | 42/48 | €1,068,635 | €1,464,715 | +€396,081 | +37.1% |
| Current portion of amounts payable after more than one year | 42 | €61,456 | €99,100 | +€37,644 | +61.3% |
| Trade debts | 44 | €808,169 | €920,118 | +€111,948 | +13.9% |
| Suppliers | 440/4 | €808,169 | €920,118 | +€111,948 | +13.9% |
| Taxes, remuneration and social security | 45 | €93,746 | €145,498 | +€51,752 | +55.2% |
| Taxes | 450/3 | €2 | €49,344 | +€49,342 | +2202758.0% |
| Remuneration and social security | 454/9 | €93,744 | €96,154 | +€2,410 | +2.6% |
| Other amounts payable | 47/48 | €105,263 | €300,000 | +€194,737 | +185.0% |
| Remuneration, social security and pensions | 62 | €1,103,638 | €1,150,573 | +€46,935 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,805 | €118,684 | +€4,879 | +4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €34,511 | - | -€34,511 | |
| Other operating charges | 640/8 | €14,943 | €13,617 | -€1,326 | -8.9% |
| Non-recurring operating charges | 66A | €334 | - | -€334 | |
| Gross operating margin | 9900 | €1,503,692 | €1,630,676 | +€126,983 | +8.4% |
| Operating profit (loss) | 9901 | €236,461 | €347,802 | +€111,341 | +47.1% |
| Financial income | 75/76B | €0 | €7 | +€6 | +1497.6% |
| Recurring financial income | 75 | €0 | €7 | +€6 | +1497.6% |
| Financial charges | 65/66B | €6,337 | €8,738 | +€2,401 | +37.9% |
| Recurring financial charges | 65 | €6,337 | €8,738 | +€2,401 | +37.9% |
| Profit (loss) for the period before taxes | 9903 | €230,125 | €339,071 | +€108,946 | +47.3% |
| Income taxes | 67/77 | €73,239 | €118,488 | +€45,250 | +61.8% |
| Profit (loss) for the period | 9904 | €156,886 | €220,582 | +€63,696 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €156,886 | €220,582 | +€63,696 | +40.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.