ARSENA GROUP: 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.
ARSENA GROUP
Largest movements
- Cash -€1,587
down €1,587 (-61.2%), from €2,593 to €1,006
mainly Tax, wage and social debts (-€2,792) and Net result for the year (-€404)
- Receivables within one year -€1,245
down €1,245 (-7.3%), from €17,087 to €15,842
of which Other amounts receivable: -€3,825
- Tax, wage and social debts -€2,792
down €2,792 (-60.7%), from €4,601 to €1,808
of which Taxes: -€2,468
- Profit (loss) carried forward -€404
down €404 (-3.2%), from €12,534 to €12,130
- Trade debts +€364
up €364 (+798%), from €46 to €410
- Gross operating margin -€8,609
down €8,609 (-97.8%), from €8,804 to €195
- Staff costs -€2,157
down €2,157 (-91.3%), from €2,362 to €205
- Taxes -€1,223
no longer reported in 2025 (was €1,223)
- Other operating charges -€170
down €170 (-42.6%), from €399 to €229
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 | €19,680 | €16,848 | -€2,832 | -14.4% |
| Current assets | 29/58 | €19,680 | €16,848 | -€2,832 | -14.4% |
| Amounts receivable within one year | 40/41 | €17,087 | €15,842 | -€1,245 | -7.3% |
| Trade receivables | 40 | €7,007 | €9,587 | +€2,580 | +36.8% |
| Other amounts receivable | 41 | €10,080 | €6,255 | -€3,825 | -37.9% |
| Cash at bank and in hand | 54/58 | €2,593 | €1,006 | -€1,587 | -61.2% |
| Total equity and liabilities | 10/49 | €19,680 | €16,848 | -€2,832 | -14.4% |
| Equity | 10/15 | €15,034 | €14,630 | -€404 | -2.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,534 | €12,130 | -€404 | -3.2% |
| Amounts payable | 17/49 | €4,646 | €2,218 | -€2,428 | -52.3% |
| Amounts payable within one year | 42/48 | €4,646 | €2,218 | -€2,428 | -52.3% |
| Trade debts | 44 | €46 | €410 | +€364 | +798% |
| Suppliers | 440/4 | €46 | €410 | +€364 | +798% |
| Taxes, remuneration and social security | 45 | €4,601 | €1,808 | -€2,792 | -60.7% |
| Taxes | 450/3 | €4,137 | €1,669 | -€2,468 | -59.7% |
| Remuneration and social security | 454/9 | €464 | €140 | -€324 | -69.9% |
| Remuneration, social security and pensions | 62 | €2,362 | €205 | -€2,157 | -91.3% |
| Other operating charges | 640/8 | €399 | €229 | -€170 | -42.6% |
| Gross operating margin | 9900 | €8,804 | €195 | -€8,609 | -97.8% |
| Operating profit (loss) | 9901 | €6,042 | -€239 | -€6,281 | |
| Financial charges | 65/66B | €147 | €165 | +€17 | +11.7% |
| Recurring financial charges | 65 | €147 | €165 | +€17 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €5,895 | -€404 | -€6,299 | |
| Income taxes | 67/77 | €1,223 | - | -€1,223 | |
| Profit (loss) for the period | 9904 | €4,672 | -€404 | -€5,076 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,672 | -€404 | -€5,076 |
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 13 October 2026 via checked.be.