Arquennes Express: 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.
Arquennes Express
Largest movements
- Cash -€203,455
down €203,455 (-77.2%), from €263,604 to €60,149
mainly Receivables within one year (-€141,270) and Trade debts (-€61,357)
- Receivables within one year +€141,270
up €141,270 (+1,228%), from €11,505 to €152,775
of which Trade receivables: +€76,175
- Stocks and contracts -€5,119
no longer reported in 2025 (was €5,119)
- Trade debts -€61,357
down €61,357 (-34.0%), from €180,665 to €119,308
- Accrued charges and deferred income +€43,890
new in 2025: €43,890
- Profit (loss) carried forward -€33,376
down €33,376 (-33.0%), from €101,093 to €67,717
- Tax, wage and social debts -€32,199
down €32,199 (-55.8%), from €57,741 to €25,542
of which Remuneration and social security: -€19,231
- Other debts +€18,000
new in 2025: €18,000
- Gross operating margin -€47,238
down €47,238 (-26.0%), from €181,726 to €134,488
- Staff costs -€29,619
down €29,619 (-24.6%), from €120,282 to €90,663
- Taxes +€3,364
up €3,364 (+40.6%), from €8,290 to €11,654
- Other operating charges -€2,023
down €2,023 (-50.9%), from €3,975 to €1,952
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 | €349,499 | €286,118 | -€63,381 | -18.1% |
| Fixed assets | 21/28 | €65,716 | €68,723 | +€3,007 | +4.6% |
| Tangible fixed assets | 22/27 | €65,716 | €68,723 | +€3,007 | +4.6% |
| Plant, machinery and equipment | 23 | €60,873 | €43,514 | -€17,359 | -28.5% |
| Furniture and vehicles | 24 | €2,228 | €1,039 | -€1,189 | -53.4% |
| Other tangible fixed assets | 26 | €2,615 | €24,170 | +€21,555 | +824% |
| Current assets | 29/58 | €283,783 | €217,395 | -€66,388 | -23.4% |
| Stocks and contracts in progress | 3 | €5,119 | - | -€5,119 | |
| Stocks | 30/36 | €5,119 | - | -€5,119 | |
| Amounts receivable within one year | 40/41 | €11,505 | €152,775 | +€141,270 | +1,228% |
| Trade receivables | 40 | €763 | €76,938 | +€76,175 | +9,984% |
| Other amounts receivable | 41 | €10,742 | €75,837 | +€65,095 | +606% |
| Cash at bank and in hand | 54/58 | €263,604 | €60,149 | -€203,455 | -77.2% |
| Deferred charges and accrued income | 490/1 | €3,555 | €4,471 | +€916 | +25.8% |
| Total equity and liabilities | 10/49 | €349,499 | €286,118 | -€63,381 | -18.1% |
| Equity | 10/15 | €111,093 | €77,717 | -€33,376 | -30.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,093 | €67,717 | -€33,376 | -33.0% |
| Amounts payable | 17/49 | €238,406 | €208,401 | -€30,005 | -12.6% |
| Amounts payable within one year | 42/48 | €238,406 | €164,511 | -€73,895 | -31.0% |
| Financial debts | 43 | - | €1,662 | +€1,662 | |
| Credit institutions | 430/8 | - | €1,662 | +€1,662 | |
| Trade debts | 44 | €180,665 | €119,308 | -€61,357 | -34.0% |
| Suppliers | 440/4 | €180,665 | €119,308 | -€61,357 | -34.0% |
| Taxes, remuneration and social security | 45 | €57,741 | €25,542 | -€32,199 | -55.8% |
| Taxes | 450/3 | €25,216 | €12,248 | -€12,968 | -51.4% |
| Remuneration and social security | 454/9 | €32,525 | €13,294 | -€19,231 | -59.1% |
| Other amounts payable | 47/48 | - | €18,000 | +€18,000 | |
| Accrued charges and deferred income | 492/3 | - | €43,890 | +€43,890 | |
| Remuneration, social security and pensions | 62 | €120,282 | €90,663 | -€29,619 | -24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,737 | €18,435 | +€1,698 | +10.1% |
| Other operating charges | 640/8 | €3,975 | €1,952 | -€2,023 | -50.9% |
| Gross operating margin | 9900 | €181,726 | €134,488 | -€47,238 | -26.0% |
| Operating profit (loss) | 9901 | €40,732 | €23,439 | -€17,293 | -42.5% |
| Financial income | 75/76B | €333 | €182 | -€151 | -45.3% |
| Recurring financial income | 75 | €333 | €182 | -€151 | -45.3% |
| Financial charges | 65/66B | €6,089 | €5,343 | -€746 | -12.2% |
| Recurring financial charges | 65 | €6,089 | €3,124 | -€2,965 | -48.7% |
| Non-recurring financial charges | 66B | - | €2,219 | +€2,219 | |
| Profit (loss) for the period before taxes | 9903 | €34,976 | €18,278 | -€16,698 | -47.7% |
| Income taxes | 67/77 | €8,290 | €11,654 | +€3,364 | +40.6% |
| Profit (loss) for the period | 9904 | €26,686 | €6,624 | -€20,062 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,686 | €6,624 | -€20,062 | -75.2% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.