Arrow Consulting: 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.
Arrow Consulting
Largest movements
- Current investments +€229,470
up €229,470 (+141.6%), from €162,073 to €391,543
- Cash -€194,314
down €194,314 (-12.9%), from €1.5m to €1.3m
mainly Current investments (-€229,470) and Receivables within one year (-€62,599)
- Receivables within one year +€62,599
up €62,599 (+277.5%), from €22,557 to €85,157
of which Trade receivables: +€61,593
- Reserves +€107,931
up €107,931 (+6.6%), from €1.6m to €1.8m
of which Distributable reserves: +€107,931
- Taxes -€33,938
down €33,938 (-47.5%), from €71,403 to €37,465
- Gross operating margin -€22,965
down €22,965 (-15.4%), from €148,683 to €125,717
- Financial charges +€10,848
up €10,848, from -€98 to €10,750
- Financial income -€4,654
down €4,654 (-11.2%), from €41,721 to €37,067
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 | €1,754,969 | €1,859,511 | +€104,542 | +6.0% |
| Fixed assets | 21/28 | €56,769 | €58,200 | +€1,431 | +2.5% |
| Tangible fixed assets | 22/27 | €56,769 | €58,200 | +€1,431 | +2.5% |
| Land and buildings | 22 | €54,095 | €55,954 | +€1,859 | +3.4% |
| Plant, machinery and equipment | 23 | €2,674 | €2,246 | -€428 | -16.0% |
| Current assets | 29/58 | €1,698,200 | €1,801,311 | +€103,111 | +6.1% |
| Amounts receivable within one year | 40/41 | €22,557 | €85,157 | +€62,599 | +277.5% |
| Trade receivables | 40 | €22,557 | €84,150 | +€61,593 | +273.1% |
| Other amounts receivable | 41 | €0 | €1,007 | +€1,007 | |
| Current investments | 50/53 | €162,073 | €391,543 | +€229,470 | +141.6% |
| Cash at bank and in hand | 54/58 | €1,511,360 | €1,317,046 | -€194,314 | -12.9% |
| Deferred charges and accrued income | 490/1 | €2,210 | €7,565 | +€5,355 | +242.3% |
| Total equity and liabilities | 10/49 | €1,754,969 | €1,859,511 | +€104,542 | +6.0% |
| Equity | 10/15 | €1,718,075 | €1,826,006 | +€107,931 | +6.3% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €1,646,933 | €1,754,863 | +€107,931 | +6.6% |
| Non-distributable reserves | 130/1 | €106,000 | €106,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €106,000 | €106,000 | = | 0.0% |
| Distributable reserves | 133 | €1,540,933 | €1,648,863 | +€107,931 | +7.0% |
| Profit (loss) carried forward | 14 | €1,142 | €1,142 | = | 0.0% |
| Amounts payable | 17/49 | €36,894 | €33,505 | -€3,389 | -9.2% |
| Amounts payable within one year | 42/48 | €36,645 | €33,258 | -€3,387 | -9.2% |
| Trade debts | 44 | €1,617 | €5,136 | +€3,519 | +217.7% |
| Suppliers | 440/4 | €1,617 | €5,136 | +€3,519 | +217.7% |
| Taxes, remuneration and social security | 45 | €34,436 | €28,122 | -€6,314 | -18.3% |
| Taxes | 450/3 | €32,273 | €28,122 | -€4,151 | -12.9% |
| Remuneration and social security | 454/9 | €2,163 | €0 | -€2,163 | -100.0% |
| Other amounts payable | 47/48 | €592 | €0 | -€592 | -100.0% |
| Accrued charges and deferred income | 492/3 | €250 | €248 | -€2 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,554 | €3,069 | +€515 | +20.2% |
| Other operating charges | 640/8 | €3,473 | €3,569 | +€96 | +2.8% |
| Gross operating margin | 9900 | €148,683 | €125,717 | -€22,965 | -15.4% |
| Operating profit (loss) | 9901 | €142,656 | €119,079 | -€23,577 | -16.5% |
| Financial income | 75/76B | €41,721 | €37,067 | -€4,654 | -11.2% |
| Recurring financial income | 75 | €41,721 | €37,067 | -€4,654 | -11.2% |
| Financial charges | 65/66B | -€98 | €10,750 | +€10,848 | |
| Recurring financial charges | 65 | -€98 | €10,750 | +€10,848 | |
| Profit (loss) for the period before taxes | 9903 | €184,475 | €145,395 | -€39,079 | -21.2% |
| Income taxes | 67/77 | €71,403 | €37,465 | -€33,938 | -47.5% |
| Profit (loss) for the period | 9904 | €113,072 | €107,931 | -€5,142 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €113,072 | €107,931 | -€5,142 | -4.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.