Arrow Telecom Team: 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 Telecom Team
Largest movements
- Receivables within one year +€29,788
up €29,788 (+24.1%), from €123,727 to €153,515
of which Other amounts receivable: +€83,884
- Cash -€17,422
down €17,422 (-100.0%), from €17,422 to €0
mainly Receivables within one year (-€29,788) and Current portion of long-term debt (-€21,305)
- Tangible fixed assets -€7,240
down €7,240 (-20.3%), from €35,704 to €28,464
- Debts after one year +€22,158
new in 2024: €22,158
- Current portion of long-term debt -€21,305
down €21,305 (-75.5%), from €28,220 to €6,914
- Reserves +€12,667
up €12,667, from €0 to €12,667
of which Distributable reserves: +€12,667
- Other debts -€7,500
down €7,500 (-100.0%), from €7,500 to €0
- Tax, wage and social debts -€4,341
down €4,341 (-41.3%), from €10,499 to €6,159
- Gross operating margin +€33,064
up €33,064 (+337.3%), from €9,802 to €42,866
- Depreciation +€6,744
up €6,744 (+1360.0%), from €496 to €7,240
- Taxes +€5,508
up €5,508 (+1691.5%), from €326 to €5,833
- Financial charges +€5,395
up €5,395 (+677.9%), from €796 to €6,191
- Financial income +€4,407
new in 2024: €4,407
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,216 | €183,090 | +€5,874 | +3.3% |
| Fixed assets | 21/28 | €36,067 | €28,464 | -€7,603 | -21.1% |
| Tangible fixed assets | 22/27 | €35,704 | €28,464 | -€7,240 | -20.3% |
| Furniture and vehicles | 24 | €35,704 | €28,464 | -€7,240 | -20.3% |
| Financial fixed assets | 28 | €363 | €0 | -€363 | -100.0% |
| Current assets | 29/58 | €141,149 | €154,626 | +€13,477 | +9.5% |
| Amounts receivable within one year | 40/41 | €123,727 | €153,515 | +€29,788 | +24.1% |
| Trade receivables | 40 | €59,136 | €5,040 | -€54,096 | -91.5% |
| Other amounts receivable | 41 | €64,591 | €148,475 | +€83,884 | +129.9% |
| Cash at bank and in hand | 54/58 | €17,422 | €0 | -€17,422 | -100.0% |
| Deferred charges and accrued income | 490/1 | - | €1,111 | +€1,111 | |
| Total equity and liabilities | 10/49 | €177,216 | €183,090 | +€5,874 | +3.3% |
| Equity | 10/15 | €123,404 | €136,071 | +€12,667 | +10.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €0 | €12,667 | +€12,667 | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | - | €12,667 | +€12,667 | |
| Profit (loss) carried forward | 14 | €98,404 | €98,404 | = | 0.0% |
| Amounts payable | 17/49 | €53,812 | €47,019 | -€6,793 | -12.6% |
| Amounts payable after more than one year | 17 | - | €22,158 | +€22,158 | |
| Financial debts | 170/4 | - | €22,158 | +€22,158 | |
| Amounts payable within one year | 42/48 | €53,812 | €24,861 | -€28,952 | -53.8% |
| Current portion of amounts payable after more than one year | 42 | €28,220 | €6,914 | -€21,305 | -75.5% |
| Financial debts | 43 | €608 | €3,751 | +€3,142 | +516.6% |
| Credit institutions | 430/8 | €608 | €3,751 | +€3,142 | +516.6% |
| Trade debts | 44 | €6,985 | €8,037 | +€1,052 | +15.1% |
| Suppliers | 440/4 | €6,985 | €8,037 | +€1,052 | +15.1% |
| Taxes, remuneration and social security | 45 | €10,499 | €6,159 | -€4,341 | -41.3% |
| Taxes | 450/3 | €10,499 | €6,159 | -€4,341 | -41.3% |
| Other amounts payable | 47/48 | €7,500 | €0 | -€7,500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €496 | €7,240 | +€6,744 | +1360.0% |
| Other operating charges | 640/8 | €759 | €1,342 | +€583 | +76.8% |
| Non-recurring operating charges | 66A | - | €14,000 | +€14,000 | |
| Gross operating margin | 9900 | €9,802 | €42,866 | +€33,064 | +337.3% |
| Operating profit (loss) | 9901 | €8,547 | €20,284 | +€11,737 | +137.3% |
| Financial income | 75/76B | - | €4,407 | +€4,407 | |
| Recurring financial income | 75 | - | €4,407 | +€4,407 | |
| Financial charges | 65/66B | €796 | €6,191 | +€5,395 | +677.9% |
| Recurring financial charges | 65 | €796 | €6,191 | +€5,395 | +677.9% |
| Profit (loss) for the period before taxes | 9903 | €7,751 | €18,500 | +€10,749 | +138.7% |
| Income taxes | 67/77 | €326 | €5,833 | +€5,508 | +1691.5% |
| Profit (loss) for the period | 9904 | €7,425 | €12,667 | +€5,242 | +70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,425 | €12,667 | +€5,242 | +70.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.