ARSH ENTERPRISE: 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.
ARSH ENTERPRISE
Largest movements
- Cash -€107,638
down €107,638 (-67.1%), from €160,467 to €52,829
mainly Investment in fixed assets (net) (-€85,605) and Receivables within one year (-€68,258)
- Receivables within one year +€68,258
new in 2024: €68,258
- Tangible fixed assets +€64,927
up €64,927 (+133.2%), from €48,754 to €113,681
of which Furniture and vehicles: +€66,119
- Intangible fixed assets -€13,000
down €13,000 (-33.3%), from €39,000 to €26,000
- Stocks and contracts -€9,154
down €9,154 (-27.8%), from €32,880 to €23,726
- Debts after one year +€69,204
new in 2024: €69,204
- Trade debts -€28,882
down €28,882 (-38.0%), from €76,044 to €47,162
- Tax, wage and social debts -€20,248
down €20,248 (-26.6%), from €75,985 to €55,737
of which Taxes: -€14,627
- Other debts -€17,325
no longer reported in 2024 (was €17,325)
- Purchases and services +€160,047
up €160,047 (+17.2%), from €931,955 to €1.1m
- Turnover +€115,815
up €115,815 (+10.4%), from €1.1m to €1.2m
- Gross operating margin -€39,003
down €39,003 (-21.2%), from €184,020 to €145,017
- Taxes -€35,725
down €35,725, from €24,090 to -€11,635
- Other operating charges +€27,763
up €27,763 (+4461.1%), from €622 to €28,385
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 | €296,328 | €299,720 | +€3,392 | +1.1% |
| Fixed assets | 21/28 | €102,981 | €154,908 | +€51,927 | +50.4% |
| Intangible fixed assets | 21 | €39,000 | €26,000 | -€13,000 | -33.3% |
| Tangible fixed assets | 22/27 | €48,754 | €113,681 | +€64,927 | +133.2% |
| Plant, machinery and equipment | 23 | €6,300 | €5,108 | -€1,192 | -18.9% |
| Furniture and vehicles | 24 | €42,454 | €108,573 | +€66,119 | +155.7% |
| Financial fixed assets | 28 | €15,226 | €15,226 | = | 0.0% |
| Current assets | 29/58 | €193,347 | €144,813 | -€48,535 | -25.1% |
| Stocks and contracts in progress | 3 | €32,880 | €23,726 | -€9,154 | -27.8% |
| Stocks | 30/36 | €32,880 | €23,726 | -€9,154 | -27.8% |
| Amounts receivable within one year | 40/41 | - | €68,258 | +€68,258 | |
| Other amounts receivable | 41 | - | €68,258 | +€68,258 | |
| Cash at bank and in hand | 54/58 | €160,467 | €52,829 | -€107,638 | -67.1% |
| Total equity and liabilities | 10/49 | €296,328 | €299,720 | +€3,392 | +1.1% |
| Equity | 10/15 | €126,974 | €127,618 | +€644 | +0.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,974 | €117,618 | +€644 | +0.6% |
| Amounts payable | 17/49 | €169,354 | €172,103 | +€2,749 | +1.6% |
| Amounts payable after more than one year | 17 | - | €69,204 | +€69,204 | |
| Financial debts | 170/4 | - | €69,204 | +€69,204 | |
| Amounts payable within one year | 42/48 | €169,354 | €102,899 | -€66,456 | -39.2% |
| Trade debts | 44 | €76,044 | €47,162 | -€28,882 | -38.0% |
| Suppliers | 440/4 | €76,044 | €47,162 | -€28,882 | -38.0% |
| Taxes, remuneration and social security | 45 | €75,985 | €55,737 | -€20,248 | -26.6% |
| Taxes | 450/3 | €67,721 | €53,095 | -€14,627 | -21.6% |
| Remuneration and social security | 454/9 | €8,264 | €2,642 | -€5,622 | -68.0% |
| Other amounts payable | 47/48 | €17,325 | - | -€17,325 | |
| Turnover | 70 | €1,115,975 | €1,231,790 | +€115,815 | +10.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €931,955 | €1,092,002 | +€160,047 | +17.2% |
| Remuneration, social security and pensions | 62 | €67,839 | €93,570 | +€25,732 | +37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,092 | €33,678 | +€14,586 | +76.4% |
| Other operating charges | 640/8 | €622 | €28,385 | +€27,763 | +4461.1% |
| Gross operating margin | 9900 | €184,020 | €145,017 | -€39,003 | -21.2% |
| Operating profit (loss) | 9901 | €96,467 | -€10,616 | -€107,083 | |
| Financial income | 75/76B | - | €2,118 | +€2,118 | |
| Recurring financial income | 75 | - | €2,118 | +€2,118 | |
| Financial charges | 65/66B | €108 | €2,493 | +€2,386 | +2217.1% |
| Recurring financial charges | 65 | €108 | €2,493 | +€2,386 | +2217.1% |
| Profit (loss) for the period before taxes | 9903 | €96,359 | -€10,991 | -€107,350 | |
| Income taxes | 67/77 | €24,090 | -€11,635 | -€35,725 | |
| Profit (loss) for the period | 9904 | €72,269 | €644 | -€71,625 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €72,269 | €644 | -€71,625 | -99.1% |
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 10 October 2026 via checked.be.