ARROW Training & Consulting: 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 Training & Consulting
Largest movements
- Receivables within one year -€2,500
down €2,500 (-57.3%), from €4,360 to €1,860
of which Trade receivables: -€3,549
- Deferred charges and accrued income -€1,882
down €1,882 (-21.5%), from €8,752 to €6,870
- Tangible fixed assets +€750
new in 2025: €750
- Cash -€263
down €263 (-2.7%), from €9,926 to €9,663
mainly Tax, wage and social debts (-€1,730) and Other debts (-€1,666)
- Tax, wage and social debts -€1,730
down €1,730 (-67.3%), from €2,570 to €839
- Other debts -€1,666
down €1,666 (-16.4%), from €10,173 to €8,506
- Reserves -€463
down €463 (-6.8%), from €6,789 to €6,326
- Gross operating margin +€3,462
up €3,462, from -€2,339 to €1,123
- Other operating charges +€352
up €352 (+83.7%), from €421 to €773
- Taxes +€297
up €297 (+80.0%), from €371 to €668
- Depreciation +€70
new in 2025: €70
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 | €23,038 | €19,142 | -€3,896 | -16.9% |
| Fixed assets | 21/28 | - | €750 | +€750 | |
| Tangible fixed assets | 22/27 | - | €750 | +€750 | |
| Furniture and vehicles | 24 | - | €750 | +€750 | |
| Current assets | 29/58 | €23,038 | €18,393 | -€4,646 | -20.2% |
| Amounts receivable within one year | 40/41 | €4,360 | €1,860 | -€2,500 | -57.3% |
| Trade receivables | 40 | €4,354 | €805 | -€3,549 | -81.5% |
| Other amounts receivable | 41 | €6 | €1,055 | +€1,049 | +16,811% |
| Cash at bank and in hand | 54/58 | €9,926 | €9,663 | -€263 | -2.7% |
| Deferred charges and accrued income | 490/1 | €8,752 | €6,870 | -€1,882 | -21.5% |
| Total equity and liabilities | 10/49 | €23,038 | €19,142 | -€3,896 | -16.9% |
| Equity | 10/15 | €9,789 | €9,326 | -€463 | -4.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €6,789 | €6,326 | -€463 | -6.8% |
| Distributable reserves | 133 | €6,789 | €6,326 | -€463 | -6.8% |
| Amounts payable | 17/49 | €13,249 | €9,816 | -€3,433 | -25.9% |
| Amounts payable within one year | 42/48 | €13,249 | €9,816 | -€3,433 | -25.9% |
| Trade debts | 44 | €507 | €471 | -€36 | -7.2% |
| Suppliers | 440/4 | €507 | €471 | -€36 | -7.2% |
| Taxes, remuneration and social security | 45 | €2,570 | €839 | -€1,730 | -67.3% |
| Taxes | 450/3 | €2,570 | €839 | -€1,730 | -67.3% |
| Other amounts payable | 47/48 | €10,173 | €8,506 | -€1,666 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €70 | +€70 | |
| Other operating charges | 640/8 | €421 | €773 | +€352 | +83.7% |
| Gross operating margin | 9900 | -€2,339 | €1,123 | +€3,462 | |
| Operating profit (loss) | 9901 | -€2,759 | €280 | +€3,040 | |
| Financial charges | 65/66B | €74 | €75 | +€1 | +2.0% |
| Recurring financial charges | 65 | €74 | €75 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,833 | €205 | +€3,038 | |
| Income taxes | 67/77 | €371 | €668 | +€297 | +80.0% |
| Profit (loss) for the period | 9904 | -€3,204 | -€463 | +€2,741 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,204 | -€463 | +€2,741 | +85.6% |
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 23 October 2026 via checked.be.