ARPON ENGINEERING: 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.
ARPON ENGINEERING
Largest movements
- Receivables within one year -€65,803
down €65,803 (-32.8%), from €200,373 to €134,570
of which Trade receivables: -€55,595
- Cash -€31,737
down €31,737 (-55.3%), from €57,386 to €25,649
mainly Other debts (-€109,567) and Tax, wage and social debts (-€14,861)
- Tangible fixed assets -€3,896
no longer reported in 2024 (was €3,896)
- Other debts -€109,567
down €109,567 (-88.0%), from €124,449 to €14,883
- Profit (loss) carried forward +€21,294
up €21,294 (+23.8%), from €89,616 to €110,910
- Tax, wage and social debts -€14,861
down €14,861 (-56.4%), from €26,334 to €11,474
of which Taxes: -€9,731
- Staff costs -€82,327
down €82,327 (-66.3%), from €124,086 to €41,759
- Gross operating margin -€78,367
down €78,367 (-52.9%), from €148,184 to €69,817
- Taxes +€7,676
up €7,676 (+583.6%), from €1,315 to €8,992
- Other operating charges -€1,599
down €1,599 (-90.2%), from €1,772 to €173
- Financial income +€1,488
up €1,488 (+27.0%), from €5,506 to €6,994
of which Financial income: +€1,498
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.
Cash bridge derived
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 | €266,989 | €164,258 | -€102,731 | -38.5% |
| Fixed assets | 21/28 | €7,297 | €3,401 | -€3,896 | -53.4% |
| Tangible fixed assets | 22/27 | €3,896 | - | -€3,896 | |
| Furniture and vehicles | 24 | €3,896 | - | -€3,896 | |
| Financial fixed assets | 28 | €3,401 | €3,401 | = | 0.0% |
| Current assets | 29/58 | €259,693 | €160,857 | -€98,835 | -38.1% |
| Amounts receivable within one year | 40/41 | €200,373 | €134,570 | -€65,803 | -32.8% |
| Trade receivables | 40 | €72,585 | €16,989 | -€55,595 | -76.6% |
| Other amounts receivable | 41 | €127,788 | €117,581 | -€10,207 | -8.0% |
| Cash at bank and in hand | 54/58 | €57,386 | €25,649 | -€31,737 | -55.3% |
| Deferred charges and accrued income | 490/1 | €1,934 | €638 | -€1,296 | -67.0% |
| Total equity and liabilities | 10/49 | €266,989 | €164,258 | -€102,731 | -38.5% |
| Equity | 10/15 | €94,616 | €115,910 | +€21,294 | +22.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,616 | €110,910 | +€21,294 | +23.8% |
| Amounts payable | 17/49 | €172,373 | €48,348 | -€124,025 | -72.0% |
| Amounts payable within one year | 42/48 | €172,373 | €48,348 | -€124,025 | -72.0% |
| Trade debts | 44 | €21,589 | €21,991 | +€402 | +1.9% |
| Suppliers | 440/4 | €21,589 | €21,991 | +€402 | +1.9% |
| Taxes, remuneration and social security | 45 | €26,334 | €11,474 | -€14,861 | -56.4% |
| Taxes | 450/3 | €18,723 | €8,992 | -€9,731 | -52.0% |
| Remuneration and social security | 454/9 | €7,612 | €2,482 | -€5,130 | -67.4% |
| Other amounts payable | 47/48 | €124,449 | €14,883 | -€109,567 | -88.0% |
| Remuneration, social security and pensions | 62 | €124,086 | €41,759 | -€82,327 | -66.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,150 | €3,896 | -€1,254 | -24.4% |
| Other operating charges | 640/8 | €1,772 | €173 | -€1,599 | -90.2% |
| Non-recurring operating charges | 66A | €19,510 | - | -€19,510 | |
| Gross operating margin | 9900 | €148,184 | €69,817 | -€78,367 | -52.9% |
| Operating profit (loss) | 9901 | -€2,334 | €23,989 | +€26,323 | |
| Financial income | 75/76B | €5,506 | €6,994 | +€1,488 | +27.0% |
| Recurring financial income | 75 | €5,496 | €6,994 | +€1,498 | +27.2% |
| Non-recurring financial income | 76B | €10 | - | -€10 | |
| Financial charges | 65/66B | €902 | €698 | -€205 | -22.7% |
| Recurring financial charges | 65 | €900 | €698 | -€203 | -22.5% |
| Non-recurring financial charges | 66B | €2 | - | -€2 | |
| Profit (loss) for the period before taxes | 9903 | €2,270 | €30,286 | +€28,016 | +1234.2% |
| Income taxes | 67/77 | €1,315 | €8,992 | +€7,676 | +583.6% |
| Profit (loss) for the period | 9904 | €955 | €21,294 | +€20,339 | +2130.8% |
| Profit (loss) for the period to be appropriated | 9905 | €955 | €21,294 | +€20,339 | +2130.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.