ARROW INVEST: what changed
What changed
ARROW INVEST
NACE 39.000, Remediation activities and other waste management service activities
filed annual accounts (NBB)
Net result for the year
€474,311
2023 · -€50,571+€524,882
Equity
-€4.3m
2023 · -€4.8m+€474,311
Cash
€1,163
2023 · €3,840-€2,678
Balance sheet total
€499,279
2023 · €5,246+€494,033
Largest movements
Assets
- Tangible fixed assets +€495,000
new in 2024: €495,000
Equity and liabilities
- Profit (loss) carried forward +€474,311
up €474,311 (+7.9%), from -€6.0m to -€5.5m
- Trade debts +€10,763
up €10,763 (+2.2%), from €490,196 to €500,959
- Other debts +€8,959
up €8,959 (+0.2%), from €4.3m to €4.3m
Income statement
- Gross operating margin +€543,560
up €543,560, from -€3,787 to €539,773
- Depreciation +€59,400
new in 2024: €59,400
- Other operating charges -€40,728
down €40,728 (-87.8%), from €46,386 to €5,657
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€50,571
Gross operating margin
+€543,560
Depreciation
-€59,400
Other operating charges
+€40,728
Financial charges
-€6
Result 2024
€474,311
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€551,722
Investment
-€554,400
Financing
€0
Cash 2023
€3,840
From operations (derived)
+€551,722
Net result for the year
+€474,311
Depreciation
+€59,400
Receivables within one year
-€1,666
Deferred charges and accrued income
-€45
Trade debts
+€10,763
Other debts
+€8,959
Investment (derived)
-€554,400
Investment in fixed assets (net)
-€554,400
Cash 2024
€1,163
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,246 | €499,279 | +€494,033 | +9,418% |
| Fixed assets | 21/28 | €70 | €495,070 | +€495,000 | +707,143% |
| Tangible fixed assets | 22/27 | - | €495,000 | +€495,000 | |
| Land and buildings | 22 | - | €495,000 | +€495,000 | |
| Financial fixed assets | 28 | €70 | €70 | = | 0.0% |
| Current assets | 29/58 | €5,176 | €4,209 | -€967 | -18.7% |
| Amounts receivable within one year | 40/41 | €541 | €2,207 | +€1,666 | +308% |
| Other amounts receivable | 41 | €541 | €2,207 | +€1,666 | +308% |
| Cash at bank and in hand | 54/58 | €3,840 | €1,163 | -€2,678 | -69.7% |
| Deferred charges and accrued income | 490/1 | €795 | €839 | +€45 | +5.6% |
| Total equity and liabilities | 10/49 | €5,246 | €499,279 | +€494,033 | +9,418% |
| Equity | 10/15 | -€4,758,581 | -€4,284,270 | +€474,311 | +10.0% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Capital | 10 | €1,250,000 | €1,250,000 | = | 0.0% |
| Issued capital | 100 | €1,250,000 | €1,250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,008,581 | -€5,534,270 | +€474,311 | +7.9% |
| Amounts payable | 17/49 | €4,763,827 | €4,783,549 | +€19,722 | +0.4% |
| Amounts payable within one year | 42/48 | €4,763,827 | €4,783,549 | +€19,722 | +0.4% |
| Trade debts | 44 | €490,196 | €500,959 | +€10,763 | +2.2% |
| Suppliers | 440/4 | €490,196 | €500,959 | +€10,763 | +2.2% |
| Other amounts payable | 47/48 | €4,273,630 | €4,282,589 | +€8,959 | +0.2% |
| Non-recurring operating income | 76A | - | €560,000 | +€560,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €59,400 | +€59,400 | |
| Other operating charges | 640/8 | €46,386 | €5,657 | -€40,728 | -87.8% |
| Gross operating margin | 9900 | -€3,787 | €539,773 | +€543,560 | |
| Operating profit (loss) | 9901 | -€50,173 | €474,715 | +€524,888 | |
| Financial charges | 65/66B | €399 | €404 | +€6 | +1.5% |
| Recurring financial charges | 65 | €399 | €404 | +€6 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | -€50,571 | €474,311 | +€524,882 | |
| Profit (loss) for the period | 9904 | -€50,571 | €474,311 | +€524,882 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,571 | €474,311 | +€524,882 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.