ARPO ATELIER: 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.
ARPO ATELIER
Largest movements
- Cash -€14,349
down €14,349 (-78.1%), from €18,377 to €4,029
mainly Net result for the year (-€14,744) and Investment in fixed assets (net) (-€4,028)
- Tangible fixed assets +€1,549
up €1,549 (+41.9%), from €3,694 to €5,243
of which Furniture and vehicles: +€1,549
- Receivables within one year +€1,210
up €1,210 (+63.3%), from €1,912 to €3,122
- Deferred charges and accrued income -€303
down €303 (-82.2%), from €369 to €66
- Profit (loss) carried forward -€14,744
down €14,744 (-75.1%), from €19,643 to €4,899
- Other debts +€3,641
up €3,641 (+197%), from €1,846 to €5,487
- Advances received -€1,227
no longer reported in 2025 (was €1,227)
- Tax, wage and social debts +€295
up €295 (+117%), from €252 to €547
- Gross operating margin -€16,691
down €16,691, from €4,775 to -€11,916
- Other operating charges -€3,001
down €3,001 (-95.3%), from €3,149 to €149
- Depreciation -€750
down €750 (-22.3%), from €3,370 to €2,620
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.
Derived cash bridge
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 | €24,494 | €12,460 | -€12,034 | -49.1% |
| Formation expenses | 20 | €141 | - | -€141 | |
| Fixed assets | 21/28 | €3,694 | €5,243 | +€1,549 | +41.9% |
| Tangible fixed assets | 22/27 | €3,694 | €5,243 | +€1,549 | +41.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €3,694 | €5,243 | +€1,549 | +41.9% |
| Current assets | 29/58 | €20,659 | €7,217 | -€13,442 | -65.1% |
| Amounts receivable within one year | 40/41 | €1,912 | €3,122 | +€1,210 | +63.3% |
| Other amounts receivable | 41 | €1,912 | €3,122 | +€1,210 | +63.3% |
| Cash at bank and in hand | 54/58 | €18,377 | €4,029 | -€14,349 | -78.1% |
| Deferred charges and accrued income | 490/1 | €369 | €66 | -€303 | -82.2% |
| Total equity and liabilities | 10/49 | €24,494 | €12,460 | -€12,034 | -49.1% |
| Equity | 10/15 | €21,143 | €6,399 | -€14,744 | -69.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,643 | €4,899 | -€14,744 | -75.1% |
| Amounts payable | 17/49 | €3,351 | €6,061 | +€2,710 | +80.9% |
| Amounts payable within one year | 42/48 | €3,325 | €6,034 | +€2,709 | +81.5% |
| Advances received on contracts in progress | 46 | €1,227 | - | -€1,227 | |
| Taxes, remuneration and social security | 45 | €252 | €547 | +€295 | +117% |
| Taxes | 450/3 | €252 | €547 | +€295 | +117% |
| Other amounts payable | 47/48 | €1,846 | €5,487 | +€3,641 | +197% |
| Accrued charges and deferred income | 492/3 | €26 | €27 | +€1 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,370 | €2,620 | -€750 | -22.3% |
| Other operating charges | 640/8 | €3,149 | €149 | -€3,001 | -95.3% |
| Gross operating margin | 9900 | €4,775 | -€11,916 | -€16,691 | |
| Operating profit (loss) | 9901 | -€1,744 | -€14,685 | -€12,941 | -742% |
| Financial income | 75/76B | €7 | €11 | +€5 | +72.1% |
| Recurring financial income | 75 | €7 | €11 | +€5 | +72.1% |
| Financial charges | 65/66B | €70 | €70 | +€1 | +0.8% |
| Recurring financial charges | 65 | €70 | €70 | +€1 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,807 | -€14,744 | -€12,937 | -716% |
| Income taxes | 67/77 | -€23 | - | +€23 | |
| Profit (loss) for the period | 9904 | -€1,784 | -€14,744 | -€12,960 | -726% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,784 | -€14,744 | -€12,960 | -726% |
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 19 October 2026 via checked.be.