ArrowMinded: 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.
ArrowMinded
Largest movements
- Cash -€3,704
down €3,704 (-27.7%), from €13,350 to €9,647
mainly Net result for the year (-€6,799) and Trade debts (-€938)
- Tangible fixed assets -€2,375
down €2,375 (-37.3%), from €6,371 to €3,996
of which Furniture and vehicles: -€1,846
- Intangible fixed assets -€1,500
down €1,500 (-36.8%), from €4,073 to €2,573
- Profit (loss) carried forward -€6,799
down €6,799 (-7.8%), from -€87,139 to -€93,938
- Trade debts -€938
down €938 (-57.4%), from €1,633 to €696
- Other debts +€752
up €752, from €0 to €752
- Tax, wage and social debts -€462
down €462 (-100%), from €462 to €0
of which Taxes: -€462
- Accrued charges and deferred income -€387
down €387 (-100%), from €387 to €0
- Gross operating margin +€4,794
up €4,794 (+66.4%), from -€7,220 to -€2,426
- Financial income +€207
up €207 (+782%), from €27 to €234
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 | €25,400 | €17,566 | -€7,834 | -30.8% |
| Fixed assets | 21/28 | €10,443 | €6,568 | -€3,875 | -37.1% |
| Intangible fixed assets | 21 | €4,073 | €2,573 | -€1,500 | -36.8% |
| Tangible fixed assets | 22/27 | €6,371 | €3,996 | -€2,375 | -37.3% |
| Furniture and vehicles | 24 | €4,256 | €2,410 | -€1,846 | -43.4% |
| Other tangible fixed assets | 26 | €2,115 | €1,586 | -€529 | -25.0% |
| Current assets | 29/58 | €14,957 | €10,998 | -€3,959 | -26.5% |
| Amounts receivable within one year | 40/41 | €1,093 | €913 | -€181 | -16.5% |
| Trade receivables | 40 | €0 | €540 | +€540 | |
| Other amounts receivable | 41 | €1,093 | €373 | -€721 | -65.9% |
| Cash at bank and in hand | 54/58 | €13,350 | €9,647 | -€3,704 | -27.7% |
| Deferred charges and accrued income | 490/1 | €514 | €438 | -€75 | -14.6% |
| Total equity and liabilities | 10/49 | €25,400 | €17,566 | -€7,834 | -30.8% |
| Equity | 10/15 | €22,917 | €16,119 | -€6,799 | -29.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €90,057 | €90,057 | = | 0.0% |
| Distributable reserves | 133 | €90,057 | €90,057 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,139 | -€93,938 | -€6,799 | -7.8% |
| Amounts payable | 17/49 | €2,483 | €1,447 | -€1,036 | -41.7% |
| Amounts payable within one year | 42/48 | €2,096 | €1,447 | -€648 | -30.9% |
| Trade debts | 44 | €1,633 | €696 | -€938 | -57.4% |
| Suppliers | 440/4 | €1,633 | €696 | -€938 | -57.4% |
| Taxes, remuneration and social security | 45 | €462 | €0 | -€462 | -100% |
| Taxes | 450/3 | €462 | €0 | -€462 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €752 | +€752 | |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,887 | €3,875 | -€12 | -0.3% |
| Other operating charges | 640/8 | €581 | €622 | +€40 | +6.9% |
| Gross operating margin | 9900 | -€7,220 | -€2,426 | +€4,794 | +66.4% |
| Operating profit (loss) | 9901 | -€11,688 | -€6,923 | +€4,765 | +40.8% |
| Financial income | 75/76B | €27 | €234 | +€207 | +782% |
| Recurring financial income | 75 | €27 | €234 | +€207 | +782% |
| Financial charges | 65/66B | €88 | €109 | +€21 | +24.2% |
| Recurring financial charges | 65 | €88 | €109 | +€21 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,750 | -€6,799 | +€4,951 | +42.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€11,750 | -€6,799 | +€4,951 | +42.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,750 | -€6,799 | +€4,951 | +42.1% |
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 14 October 2026 via checked.be.