ARROW CONSTRUCT: 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.
ARROW CONSTRUCT
Largest movements
- Cash +€54,970
up €54,970 (+1,141%), from €4,818 to €59,787
mainly Trade debts (+€40,981) and Net result for the year (+€27,189)
- Stocks and contracts +€10,392
up €10,392 (+210%), from €4,946 to €15,338
- Receivables within one year -€9,445
down €9,445 (-6.7%), from €140,296 to €130,851
of which Other amounts receivable: -€6,283
- Trade debts +€40,981
up €40,981 (+42.3%), from €96,897 to €137,878
- Profit (loss) carried forward +€27,189
up €27,189, from -€5,328 to €21,861
- Other debts -€18,480
down €18,480 (-51.2%), from €36,076 to €17,596
- Tax, wage and social debts +€6,885
up €6,885 (+151%), from €4,560 to €11,445
- Turnover +€195,565
up €195,565 (+65.9%), from €296,857 to €492,421
- Purchases and services +€119,153
up €119,153 (+38.7%), from €307,519 to €426,672
- Gross operating margin +€35,394
up €35,394 (+688%), from €5,142 to €40,536
- Taxes +€11,622
up €11,622 (+13,669%), from €85 to €11,707
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €153,010 | €209,240 | +€56,230 | +36.7% |
| Fixed assets | 21/28 | €2,011 | €2,065 | +€54 | +2.7% |
| Tangible fixed assets | 22/27 | €1,611 | €1,611 | = | 0.0% |
| Furniture and vehicles | 24 | €1,611 | €1,611 | = | 0.0% |
| Financial fixed assets | 28 | €400 | €454 | +€54 | +13.6% |
| Current assets | 29/58 | €150,999 | €207,175 | +€56,176 | +37.2% |
| Stocks and contracts in progress | 3 | €4,946 | €15,338 | +€10,392 | +210% |
| Stocks | 30/36 | €4,946 | €15,338 | +€10,392 | +210% |
| Amounts receivable within one year | 40/41 | €140,296 | €130,851 | -€9,445 | -6.7% |
| Trade receivables | 40 | €57,448 | €54,286 | -€3,162 | -5.5% |
| Other amounts receivable | 41 | €82,848 | €76,565 | -€6,283 | -7.6% |
| Cash at bank and in hand | 54/58 | €4,818 | €59,787 | +€54,970 | +1,141% |
| Deferred charges and accrued income | 490/1 | €939 | €1,198 | +€259 | +27.5% |
| Total equity and liabilities | 10/49 | €153,010 | €209,240 | +€56,230 | +36.7% |
| Equity | 10/15 | €15,132 | €42,321 | +€27,189 | +180% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,328 | €21,861 | +€27,189 | |
| Amounts payable | 17/49 | €137,878 | €166,919 | +€29,040 | +21.1% |
| Amounts payable within one year | 42/48 | €137,533 | €166,919 | +€29,386 | +21.4% |
| Trade debts | 44 | €96,897 | €137,878 | +€40,981 | +42.3% |
| Suppliers | 440/4 | €96,897 | €137,878 | +€40,981 | +42.3% |
| Taxes, remuneration and social security | 45 | €4,560 | €11,445 | +€6,885 | +151% |
| Taxes | 450/3 | €4,560 | €11,445 | +€6,885 | +151% |
| Other amounts payable | 47/48 | €36,076 | €17,596 | -€18,480 | -51.2% |
| Accrued charges and deferred income | 492/3 | €345 | €0 | -€345 | -100% |
| Turnover | 70 | €296,857 | €492,421 | +€195,565 | +65.9% |
| Non-recurring operating income | 76A | - | €4,786 | +€4,786 | |
| Goods, raw materials, services and sundry goods | 60/61 | €307,519 | €426,672 | +€119,153 | +38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,685 | €0 | -€1,685 | -100% |
| Other operating charges | 640/8 | €968 | €1,200 | +€231 | +23.9% |
| Non-recurring operating charges | 66A | €1,976 | €2,088 | +€111 | +5.6% |
| Gross operating margin | 9900 | €5,142 | €40,536 | +€35,394 | +688% |
| Operating profit (loss) | 9901 | €512 | €37,249 | +€36,736 | +7,172% |
| Financial income | 75/76B | €1,419 | €1,994 | +€575 | +40.5% |
| Recurring financial income | 75 | €1,419 | €1,994 | +€575 | +40.5% |
| Financial charges | 65/66B | €676 | €346 | -€329 | -48.7% |
| Recurring financial charges | 65 | €676 | €346 | -€329 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €1,256 | €38,896 | +€37,640 | +2,997% |
| Income taxes | 67/77 | €85 | €11,707 | +€11,622 | +13,669% |
| Profit (loss) for the period | 9904 | €1,171 | €27,189 | +€26,019 | +2,222% |
| Profit (loss) for the period to be appropriated | 9905 | €1,171 | €27,189 | +€26,019 | +2,222% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.