ARPAYGE: 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.
ARPAYGE
Largest movements
- Cash -€20,365
down €20,365 (-97.5%), from €20,878 to €514
mainly Receivables within one year (-€12,380) and Net result for the year (-€5,878)
- Receivables within one year +€12,380
up €12,380 (+37.6%), from €32,892 to €45,272
of which Trade receivables: +€11,315
- Tangible fixed assets -€1,900
down €1,900 (-14.4%), from €13,223 to €11,323
of which Furniture and vehicles: -€1,860
- Financial fixed assets -€850
down €850 (-17.4%), from €4,890 to €4,040
- Profit (loss) carried forward -€5,878
down €5,878 (-17.1%), from €34,435 to €28,557
- Tax, wage and social debts -€4,747
down €4,747 (-62.2%), from €7,627 to €2,879
of which Taxes: -€4,682
- Trade debts +€2,260
up €2,260 (+44.1%), from €5,120 to €7,380
- Debts after one year -€1,806
down €1,806 (-48.7%), from €3,711 to €1,905
- Gross operating margin -€7,784
down €7,784 (-63.5%), from €12,259 to €4,475
- Depreciation -€1,019
down €1,019 (-10.9%), from €9,314 to €8,295
- Taxes -€628
down €628 (-82.6%), from €760 to €132
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 | €73,890 | €63,255 | -€10,635 | -14.4% |
| Fixed assets | 21/28 | €18,113 | €15,363 | -€2,750 | -15.2% |
| Tangible fixed assets | 22/27 | €13,223 | €11,323 | -€1,900 | -14.4% |
| Plant, machinery and equipment | 23 | €40 | - | -€40 | |
| Furniture and vehicles | 24 | €13,183 | €11,323 | -€1,860 | -14.1% |
| Financial fixed assets | 28 | €4,890 | €4,040 | -€850 | -17.4% |
| Current assets | 29/58 | €55,777 | €47,892 | -€7,885 | -14.1% |
| Amounts receivable within one year | 40/41 | €32,892 | €45,272 | +€12,380 | +37.6% |
| Trade receivables | 40 | €32,889 | €44,204 | +€11,315 | +34.4% |
| Other amounts receivable | 41 | €3 | €1,068 | +€1,065 | +31497.6% |
| Cash at bank and in hand | 54/58 | €20,878 | €514 | -€20,365 | -97.5% |
| Deferred charges and accrued income | 490/1 | €2,007 | €2,106 | +€100 | +5.0% |
| Total equity and liabilities | 10/49 | €73,890 | €63,255 | -€10,635 | -14.4% |
| Equity | 10/15 | €54,895 | €49,017 | -€5,878 | -10.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €34,435 | €28,557 | -€5,878 | -17.1% |
| Amounts payable | 17/49 | €18,995 | €14,238 | -€4,757 | -25.0% |
| Amounts payable after more than one year | 17 | €3,711 | €1,905 | -€1,806 | -48.7% |
| Financial debts | 170/4 | €3,711 | €1,905 | -€1,806 | -48.7% |
| Amounts payable within one year | 42/48 | €15,174 | €12,332 | -€2,841 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €1,711 | €1,806 | +€94 | +5.5% |
| Trade debts | 44 | €5,120 | €7,380 | +€2,260 | +44.1% |
| Suppliers | 440/4 | €5,120 | €7,380 | +€2,260 | +44.1% |
| Taxes, remuneration and social security | 45 | €7,627 | €2,879 | -€4,747 | -62.2% |
| Taxes | 450/3 | €7,561 | €2,879 | -€4,682 | -61.9% |
| Remuneration and social security | 454/9 | €65 | - | -€65 | |
| Other amounts payable | 47/48 | €716 | €268 | -€448 | -62.6% |
| Accrued charges and deferred income | 492/3 | €110 | - | -€110 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,314 | €8,295 | -€1,019 | -10.9% |
| Other operating charges | 640/8 | €1,064 | €985 | -€80 | -7.5% |
| Gross operating margin | 9900 | €12,259 | €4,475 | -€7,784 | -63.5% |
| Operating profit (loss) | 9901 | €1,881 | -€4,804 | -€6,685 | |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €916 | €962 | +€46 | +5.0% |
| Recurring financial charges | 65 | €916 | €962 | +€46 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €965 | -€5,746 | -€6,711 | |
| Income taxes | 67/77 | €760 | €132 | -€628 | -82.6% |
| Profit (loss) for the period | 9904 | €205 | -€5,878 | -€6,083 | |
| Profit (loss) for the period to be appropriated | 9905 | €205 | -€5,878 | -€6,083 |
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 9 October 2026 via checked.be.