ARPIT: 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.
ARPIT
Largest movements
- Stocks and contracts -€19,123
down €19,123 (-28.4%), from €67,338 to €48,215
- Receivables within one year +€12,511
up €12,511 (+452.0%), from €2,768 to €15,280
of which Trade receivables: +€12,590
- Cash +€8,553
up €8,553 (+106.1%), from €8,062 to €16,615
mainly Stocks and contracts (+€19,123) and Depreciation (+€18,224)
- Deferred charges and accrued income +€8,121
new in 2025: €8,121
- Trade debts +€7,711
up €7,711 (+38.4%), from €20,104 to €27,815
- Other debts -€4,239
down €4,239 (-5.5%), from €77,095 to €72,855
- Tax, wage and social debts +€4,195
up €4,195 (+79.8%), from €5,257 to €9,451
of which Remuneration and social security: +€6,000
- Contributions +€2,933
up €2,933 (+18.7%), from €15,667 to €18,600
- Gross operating margin +€17,116
up €17,116 (+75.6%), from €22,635 to €39,751
- Depreciation +€4,442
up €4,442 (+32.2%), from €13,782 to €18,224
- Financial charges +€2,183
up €2,183 (+150.5%), from €1,450 to €3,633
- Other operating charges +€831
up €831 (+52.1%), from €1,594 to €2,425
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 | €168,248 | €178,905 | +€10,657 | +6.3% |
| Fixed assets | 21/28 | €90,080 | €90,674 | +€595 | +0.7% |
| Tangible fixed assets | 22/27 | €90,080 | €90,674 | +€595 | +0.7% |
| Land and buildings | 22 | €75,105 | €68,431 | -€6,674 | -8.9% |
| Plant, machinery and equipment | 23 | €6,630 | €7,871 | +€1,240 | +18.7% |
| Furniture and vehicles | 24 | €8,344 | €14,373 | +€6,028 | +72.2% |
| Current assets | 29/58 | €78,169 | €88,231 | +€10,062 | +12.9% |
| Stocks and contracts in progress | 3 | €67,338 | €48,215 | -€19,123 | -28.4% |
| Stocks | 30/36 | €67,338 | €48,215 | -€19,123 | -28.4% |
| Amounts receivable within one year | 40/41 | €2,768 | €15,280 | +€12,511 | +452.0% |
| Trade receivables | 40 | €2,690 | €15,280 | +€12,590 | +468.0% |
| Other amounts receivable | 41 | €78 | - | -€78 | |
| Cash at bank and in hand | 54/58 | €8,062 | €16,615 | +€8,553 | +106.1% |
| Deferred charges and accrued income | 490/1 | - | €8,121 | +€8,121 | |
| Total equity and liabilities | 10/49 | €168,248 | €178,905 | +€10,657 | +6.3% |
| Equity | 10/15 | €65,793 | €68,783 | +€2,990 | +4.5% |
| Contributions | 10/11 | €15,667 | €18,600 | +€2,933 | +18.7% |
| Reserves | 13 | €50,126 | €50,183 | +€57 | +0.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €48,266 | €48,323 | +€57 | +0.1% |
| Amounts payable | 17/49 | €102,455 | €110,122 | +€7,666 | +7.5% |
| Amounts payable within one year | 42/48 | €102,455 | €110,122 | +€7,666 | +7.5% |
| Trade debts | 44 | €20,104 | €27,815 | +€7,711 | +38.4% |
| Suppliers | 440/4 | €20,104 | €27,815 | +€7,711 | +38.4% |
| Taxes, remuneration and social security | 45 | €5,257 | €9,451 | +€4,195 | +79.8% |
| Taxes | 450/3 | €5,257 | €3,451 | -€1,805 | -34.3% |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €77,095 | €72,855 | -€4,239 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,782 | €18,224 | +€4,442 | +32.2% |
| Other operating charges | 640/8 | €1,594 | €2,425 | +€831 | +52.1% |
| Non-recurring operating charges | 66A | - | €14,938 | +€14,938 | |
| Gross operating margin | 9900 | €22,635 | €39,751 | +€17,116 | +75.6% |
| Operating profit (loss) | 9901 | €7,259 | €4,165 | -€3,094 | -42.6% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.2% |
| Financial charges | 65/66B | €1,450 | €3,633 | +€2,183 | +150.5% |
| Recurring financial charges | 65 | €1,450 | €3,633 | +€2,183 | +150.5% |
| Profit (loss) for the period before taxes | 9903 | €5,810 | €532 | -€5,278 | -90.8% |
| Income taxes | 67/77 | €344 | €475 | +€130 | +37.8% |
| Profit (loss) for the period | 9904 | €5,465 | €57 | -€5,408 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,465 | €57 | -€5,408 | -99.0% |
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 11 October 2026 via checked.be.