ARS VIVENDI: 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.
ARS VIVENDI
Largest movements
- Tangible fixed assets -€115,578
down €115,578 (-9.7%), from €1.2m to €1.1m
- Current assets +€104,448
up €104,448 (+130%), from €80,040 to €184,489
of which Cash: +€60,520
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€10,874
down €10,874 (-4.2%), from €260,072 to €249,199
From the 2018 result to the 2019 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,276,586 | €1,265,456 | -€11,130 | -0.9% |
| Fixed assets | 21/28 | €1,196,546 | €1,080,968 | -€115,578 | -9.7% |
| Tangible fixed assets | 22/27 | €1,196,546 | €1,080,968 | -€115,578 | -9.7% |
| Current assets | 29/58 | €80,040 | €184,489 | +€104,448 | +130% |
| Amounts receivable within one year | 40/41 | €552 | €48,763 | +€48,211 | +8,730% |
| Cash at bank and in hand | 54/58 | €58,771 | €119,292 | +€60,520 | +103% |
| Total equity and liabilities | 10/49 | €1,276,586 | €1,265,456 | -€11,130 | -0.9% |
| Equity | 10/15 | €7,000 | €8,000 | +€1,000 | +14.3% |
| Contributions | 10/11 | €7,000 | €8,000 | +€1,000 | +14.3% |
| Amounts payable | 17/49 | €1,269,586 | €1,257,456 | -€12,130 | -1.0% |
| Amounts payable after more than one year | 17 | €1,130,461 | €1,010,540 | -€119,921 | -10.6% |
| Amounts payable within one year | 42/48 | €139,125 | €242,112 | +€102,987 | +74.0% |
| Trade debts | 44 | €6,543 | €4,485 | -€2,058 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,045 | €127,004 | +€1,959 | +1.6% |
| Gross operating margin | 9900 | €260,072 | €249,199 | -€10,874 | -4.2% |
| Operating profit (loss) | 9901 | €13,690 | €13,075 | -€615 | -4.5% |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Recurring financial charges | 65 | €13,690 | €13,075 | -€616 | -4.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.