ARRIVA: 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.
ARRIVA
Largest movements
- Tangible fixed assets -€11,336
down €11,336 (-18.4%), from €61,646 to €50,310
of which Land and buildings: -€9,912
- Cash -€3,779
down €3,779 (-22.7%), from €16,676 to €12,897
mainly Debts after one year (-€14,021) and Contributions, distributions and other (-€1,860)
- Debts after one year -€14,021
down €14,021 (-10.6%), from €132,475 to €118,453
- Gross operating margin +€3,763
up €3,763 (+27.5%), from €13,695 to €17,458
- Taxes +€2,161
up €2,161 (+1,260%), from €172 to €2,333
- Depreciation -€306
down €306 (-2.6%), from €11,642 to €11,336
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 | €196,691 | €182,844 | -€13,847 | -7.0% |
| Fixed assets | 21/28 | €180,016 | €168,679 | -€11,336 | -6.3% |
| Tangible fixed assets | 22/27 | €61,646 | €50,310 | -€11,336 | -18.4% |
| Land and buildings | 22 | €58,191 | €48,279 | -€9,912 | -17.0% |
| Plant, machinery and equipment | 23 | €3,455 | €2,031 | -€1,424 | -41.2% |
| Financial fixed assets | 28 | €118,369 | €118,369 | = | 0.0% |
| Current assets | 29/58 | €16,676 | €14,165 | -€2,511 | -15.1% |
| Amounts receivable within one year | 40/41 | - | €1,267 | +€1,267 | |
| Other amounts receivable | 41 | - | €1,267 | +€1,267 | |
| Cash at bank and in hand | 54/58 | €16,676 | €12,897 | -€3,779 | -22.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €196,691 | €182,844 | -€13,847 | -7.0% |
| Equity | 10/15 | €63,919 | €63,819 | -€100 | -0.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €7,713 | €5,853 | -€1,860 | -24.1% |
| Non-distributable reserves | 130/1 | €1,523 | €1,523 | = | 0.0% |
| Legal reserve | 130 | €1,523 | €1,523 | = | 0.0% |
| Distributable reserves | 133 | €6,190 | €4,330 | -€1,860 | -30.0% |
| Profit (loss) carried forward | 14 | -€5,794 | -€4,033 | +€1,760 | +30.4% |
| Amounts payable | 17/49 | €132,772 | €119,025 | -€13,748 | -10.4% |
| Amounts payable after more than one year | 17 | €132,475 | €118,453 | -€14,021 | -10.6% |
| Other amounts payable | 178/9 | €132,475 | €118,453 | -€14,021 | -10.6% |
| Amounts payable within one year | 42/48 | €172 | €172 | = | 0.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €172 | €172 | = | 0.0% |
| Taxes | 450/3 | €172 | €172 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €126 | €400 | +€274 | +217% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,642 | €11,336 | -€306 | -2.6% |
| Other operating charges | 640/8 | €1,920 | €1,975 | +€55 | +2.9% |
| Gross operating margin | 9900 | €13,695 | €17,458 | +€3,763 | +27.5% |
| Operating profit (loss) | 9901 | €134 | €4,147 | +€4,013 | +3,004% |
| Financial charges | 65/66B | €198 | €54 | -€144 | -72.8% |
| Recurring financial charges | 65 | €198 | €54 | -€144 | -72.8% |
| Profit (loss) for the period before taxes | 9903 | -€65 | €4,093 | +€4,158 | |
| Income taxes | 67/77 | €172 | €2,333 | +€2,161 | +1,260% |
| Profit (loss) for the period | 9904 | -€236 | €1,760 | +€1,997 | |
| Profit (loss) for the period to be appropriated | 9905 | -€236 | €1,760 | +€1,997 |
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 18 October 2026 via checked.be.