ARREBO: 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.
ARREBO
Largest movements
- Tangible fixed assets +€295,632
up €295,632 (+157.3%), from €187,982 to €483,614
of which Land and buildings: +€305,472
- Receivables within one year +€66,975
up €66,975 (+1552.5%), from €4,314 to €71,289
of which Trade receivables: +€59,665
- Current investments -€65,000
down €65,000 (-39.4%), from €165,000 to €100,000
- Cash +€54,402
up €54,402 (+246.2%), from €22,101 to €76,503
mainly Debts after one year (+€225,427) and Net result for the year (+€87,759)
- Debts after one year +€225,427
up €225,427 (+223.8%), from €100,736 to €326,163
- Reserves +€58,130
up €58,130 (+28.8%), from €201,705 to €259,835
- Other debts +€30,636
up €30,636 (+66.8%), from €45,883 to €76,519
- Current portion of long-term debt +€26,000
up €26,000 (+303.3%), from €8,573 to €34,573
- Tax, wage and social debts +€8,610
up €8,610 (+892.1%), from €965 to €9,575
- Gross operating margin +€90,360
up €90,360 (+90.3%), from €100,066 to €190,425
- Depreciation +€45,747
up €45,747 (+250.2%), from €18,287 to €64,035
- Taxes +€10,663
up €10,663 (+48.5%), from €21,970 to €32,633
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 | €381,677 | €734,320 | +€352,643 | +92.4% |
| Fixed assets | 21/28 | €187,982 | €483,614 | +€295,632 | +157.3% |
| Tangible fixed assets | 22/27 | €187,982 | €483,614 | +€295,632 | +157.3% |
| Land and buildings | 22 | €148,576 | €454,048 | +€305,472 | +205.6% |
| Plant, machinery and equipment | 23 | €2,296 | €1,477 | -€819 | -35.7% |
| Furniture and vehicles | 24 | €34,978 | €26,426 | -€8,552 | -24.4% |
| Other tangible fixed assets | 26 | €2,132 | €1,664 | -€468 | -22.0% |
| Current assets | 29/58 | €193,695 | €250,705 | +€57,011 | +29.4% |
| Amounts receivable within one year | 40/41 | €4,314 | €71,289 | +€66,975 | +1552.5% |
| Trade receivables | 40 | €3,475 | €63,139 | +€59,665 | +1717.0% |
| Other amounts receivable | 41 | €839 | €8,150 | +€7,311 | +871.2% |
| Current investments | 50/53 | €165,000 | €100,000 | -€65,000 | -39.4% |
| Cash at bank and in hand | 54/58 | €22,101 | €76,503 | +€54,402 | +246.2% |
| Deferred charges and accrued income | 490/1 | €2,279 | €2,913 | +€634 | +27.8% |
| Total equity and liabilities | 10/49 | €381,677 | €734,320 | +€352,643 | +92.4% |
| Equity | 10/15 | €220,305 | €278,435 | +€58,130 | +26.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201,705 | €259,835 | +€58,130 | +28.8% |
| Distributable reserves | 133 | €201,705 | €259,835 | +€58,130 | +28.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €161,371 | €455,885 | +€294,513 | +182.5% |
| Amounts payable after more than one year | 17 | €100,736 | €326,163 | +€225,427 | +223.8% |
| Financial debts | 170/4 | €100,736 | €326,163 | +€225,427 | +223.8% |
| Amounts payable within one year | 42/48 | €56,502 | €125,340 | +€68,838 | +121.8% |
| Current portion of amounts payable after more than one year | 42 | €8,573 | €34,573 | +€26,000 | +303.3% |
| Trade debts | 44 | €1,081 | €4,673 | +€3,592 | +332.4% |
| Suppliers | 440/4 | €1,081 | €4,673 | +€3,592 | +332.4% |
| Taxes, remuneration and social security | 45 | €965 | €9,575 | +€8,610 | +892.1% |
| Taxes | 450/3 | €965 | €9,575 | +€8,610 | +892.1% |
| Other amounts payable | 47/48 | €45,883 | €76,519 | +€30,636 | +66.8% |
| Accrued charges and deferred income | 492/3 | €4,133 | €4,382 | +€249 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,287 | €64,035 | +€45,747 | +250.2% |
| Other operating charges | 640/8 | €1,187 | €2,328 | +€1,141 | +96.1% |
| Non-recurring operating charges | 66A | €63 | €18 | -€45 | -71.3% |
| Gross operating margin | 9900 | €100,066 | €190,425 | +€90,360 | +90.3% |
| Operating profit (loss) | 9901 | €80,528 | €124,044 | +€43,516 | +54.0% |
| Financial income | 75/76B | €3,098 | €2,609 | -€489 | -15.8% |
| Recurring financial income | 75 | €3,098 | €2,609 | -€489 | -15.8% |
| Financial charges | 65/66B | €4,671 | €6,262 | +€1,591 | +34.1% |
| Recurring financial charges | 65 | €4,671 | €6,262 | +€1,591 | +34.1% |
| Profit (loss) for the period before taxes | 9903 | €78,955 | €120,391 | +€41,436 | +52.5% |
| Income taxes | 67/77 | €21,970 | €32,633 | +€10,663 | +48.5% |
| Profit (loss) for the period | 9904 | €56,985 | €87,759 | +€30,773 | +54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,985 | €87,759 | +€30,773 | +54.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.