ARPEGE SECURITY: 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.
ARPEGE SECURITY
Largest movements
- Receivables within one year -€440,776
down €440,776 (-39.8%), from €1.1m to €667,177
of which Trade receivables: -€444,686
- Cash +€109,875
up €109,875 (+41.7%), from €263,438 to €373,313
mainly Receivables within one year (+€440,776) and Net result for the year (+€209,878)
- Trade debts -€655,005
down €655,005 (-77.4%), from €846,288 to €191,283
- Reserves +€209,878
up €209,878 (+267%), from €78,586 to €288,464
of which Distributable reserves: +€209,878
- Tax, wage and social debts +€108,666
up €108,666 (+281%), from €38,739 to €147,404
- Gross operating margin +€222,182
up €222,182 (+166%), from €133,679 to €355,862
- Taxes +€70,097
up €70,097 (+181%), from €38,654 to €108,751
- Financial charges +€15,708
up €15,708 (+1,126%), from €1,395 to €17,103
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,606,242 | €1,269,781 | -€336,461 | -20.9% |
| Fixed assets | 21/28 | €214,245 | €208,673 | -€5,572 | -2.6% |
| Tangible fixed assets | 22/27 | €214,245 | €208,673 | -€5,572 | -2.6% |
| Land and buildings | 22 | €199,619 | €193,017 | -€6,601 | -3.3% |
| Furniture and vehicles | 24 | €14,626 | €15,656 | +€1,029 | +7.0% |
| Current assets | 29/58 | €1,391,997 | €1,061,107 | -€330,889 | -23.8% |
| Amounts receivable within one year | 40/41 | €1,107,953 | €667,177 | -€440,776 | -39.8% |
| Trade receivables | 40 | €1,089,549 | €644,863 | -€444,686 | -40.8% |
| Other amounts receivable | 41 | €18,403 | €22,314 | +€3,911 | +21.2% |
| Current investments | 50/53 | €20,186 | €20,186 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €263,438 | €373,313 | +€109,875 | +41.7% |
| Deferred charges and accrued income | 490/1 | €419 | €430 | +€11 | +2.7% |
| Total equity and liabilities | 10/49 | €1,606,242 | €1,269,781 | -€336,461 | -20.9% |
| Equity | 10/15 | €721,215 | €931,093 | +€209,878 | +29.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €78,586 | €288,464 | +€209,878 | +267% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €72,727 | €282,605 | +€209,878 | +289% |
| Profit (loss) carried forward | 14 | €624,037 | €624,037 | = | 0.0% |
| Amounts payable | 17/49 | €885,026 | €338,687 | -€546,339 | -61.7% |
| Amounts payable within one year | 42/48 | €885,026 | €338,687 | -€546,339 | -61.7% |
| Trade debts | 44 | €846,288 | €191,283 | -€655,005 | -77.4% |
| Suppliers | 440/4 | €846,288 | €191,283 | -€655,005 | -77.4% |
| Taxes, remuneration and social security | 45 | €38,739 | €147,404 | +€108,666 | +281% |
| Taxes | 450/3 | €38,739 | €147,404 | +€108,666 | +281% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,172 | €18,249 | +€2,078 | +12.8% |
| Other operating charges | 640/8 | €2,610 | €3,285 | +€675 | +25.9% |
| Gross operating margin | 9900 | €133,679 | €355,862 | +€222,182 | +166% |
| Operating profit (loss) | 9901 | €114,898 | €334,328 | +€219,430 | +191% |
| Financial income | 75/76B | €531 | €1,404 | +€872 | +164% |
| Recurring financial income | 75 | €531 | €1,404 | +€872 | +164% |
| Financial charges | 65/66B | €1,395 | €17,103 | +€15,708 | +1,126% |
| Recurring financial charges | 65 | €1,395 | €17,103 | +€15,708 | +1,126% |
| Profit (loss) for the period before taxes | 9903 | €114,034 | €318,629 | +€204,594 | +179% |
| Income taxes | 67/77 | €38,654 | €108,751 | +€70,097 | +181% |
| Profit (loss) for the period | 9904 | €75,381 | €209,878 | +€134,497 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €75,381 | €209,878 | +€134,497 | +178% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.