ARPENDIS: 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.
ARPENDIS
Largest movements
- Tangible fixed assets -€1,158
down €1,158 (-7.5%), from €15,361 to €14,203
of which Furniture and vehicles: -€583
- Receivables within one year +€1,002
up €1,002 (+5.6%), from €17,871 to €18,874
of which Trade receivables: +€2,204
- Debts after one year -€6,214
down €6,214 (-27.8%), from €22,384 to €16,170
- Profit (loss) carried forward +€5,904
up €5,904 (+22.9%), from -€25,813 to -€19,909
- Advances received -€2,912
down €2,912 (-82.0%), from €3,553 to €641
- Tax, wage and social debts +€2,796
up €2,796 (+50.8%), from €5,500 to €8,295
of which Taxes: +€3,796
- Other debts +€1,103
up €1,103 (+9.7%), from €11,409 to €12,512
- Gross operating margin +€3,135
up €3,135 (+32.1%), from €9,763 to €12,898
- Taxes +€1,896
up €1,896 (+1359.0%), from €140 to €2,036
- Financial charges -€967
down €967 (-32.1%), from €3,016 to €2,048
- Depreciation -€812
down €812 (-41.2%), from €1,969 to €1,158
- Other operating charges +€258
up €258 (+17.3%), from €1,494 to €1,752
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 | €37,022 | €37,220 | +€197 | +0.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €16,485 | €15,327 | -€1,158 | -7.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €15,361 | €14,203 | -€1,158 | -7.5% |
| Land and buildings | 22 | €11,250 | €11,250 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €759 | €176 | -€583 | -76.8% |
| Other tangible fixed assets | 26 | €3,352 | €2,777 | -€574 | -17.1% |
| Financial fixed assets | 28 | €1,124 | €1,124 | = | 0.0% |
| Current assets | 29/58 | €20,537 | €21,893 | +€1,355 | +6.6% |
| Amounts receivable within one year | 40/41 | €17,871 | €18,874 | +€1,002 | +5.6% |
| Trade receivables | 40 | €16,621 | €18,825 | +€2,204 | +13.3% |
| Other amounts receivable | 41 | €1,250 | €49 | -€1,201 | -96.1% |
| Cash at bank and in hand | 54/58 | €1,301 | €1,567 | +€267 | +20.5% |
| Deferred charges and accrued income | 490/1 | €1,365 | €1,451 | +€86 | +6.3% |
| Total equity and liabilities | 10/49 | €37,022 | €37,220 | +€197 | +0.5% |
| Equity | 10/15 | -€13,410 | -€7,506 | +€5,904 | +44.0% |
| Contributions | 10/11 | €12,403 | €12,403 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,813 | -€19,909 | +€5,904 | +22.9% |
| Amounts payable | 17/49 | €50,432 | €44,726 | -€5,707 | -11.3% |
| Amounts payable after more than one year | 17 | €22,384 | €16,170 | -€6,214 | -27.8% |
| Financial debts | 170/4 | €22,384 | €16,170 | -€6,214 | -27.8% |
| Amounts payable within one year | 42/48 | €28,049 | €28,556 | +€508 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €6,402 | €6,214 | -€188 | -2.9% |
| Trade debts | 44 | €1,186 | €894 | -€291 | -24.6% |
| Suppliers | 440/4 | €1,186 | €894 | -€291 | -24.6% |
| Advances received on contracts in progress | 46 | €3,553 | €641 | -€2,912 | -82.0% |
| Taxes, remuneration and social security | 45 | €5,500 | €8,295 | +€2,796 | +50.8% |
| Taxes | 450/3 | €4,500 | €8,295 | +€3,796 | +84.4% |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100.0% |
| Other amounts payable | 47/48 | €11,409 | €12,512 | +€1,103 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,969 | €1,158 | -€812 | -41.2% |
| Other operating charges | 640/8 | €1,494 | €1,752 | +€258 | +17.3% |
| Gross operating margin | 9900 | €9,763 | €12,898 | +€3,135 | +32.1% |
| Operating profit (loss) | 9901 | €6,299 | €9,988 | +€3,689 | +58.6% |
| Financial income | 75/76B | €6 | €0 | -€6 | -99.2% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.2% |
| Financial charges | 65/66B | €3,016 | €2,048 | -€967 | -32.1% |
| Recurring financial charges | 65 | €3,016 | €2,048 | -€967 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €3,290 | €7,940 | +€4,650 | +141.3% |
| Income taxes | 67/77 | €140 | €2,036 | +€1,896 | +1359.0% |
| Profit (loss) for the period | 9904 | €3,150 | €5,904 | +€2,754 | +87.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,150 | €5,904 | +€2,754 | +87.4% |
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 5 October 2026 via checked.be.