ARSOMEDI: 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.
ARSOMEDI
Largest movements
- Tangible fixed assets -€7,961
down €7,961 (-22.8%), from €34,923 to €26,962
of which Furniture and vehicles: -€5,039
- Receivables within one year +€6,117
up €6,117 (+77.7%), from €7,873 to €13,990
of which Trade receivables: +€7,512
- Receivables after one year -€4,500
down €4,500 (-18.0%), from €25,000 to €20,500
- Cash +€1,262
up €1,262 (+8.4%), from €15,010 to €16,272
mainly Depreciation (+€7,961) and Receivables after one year (+€4,500)
- Profit (loss) carried forward -€11,292
down €11,292, from €0 to -€11,292
- Debts after one year +€4,036
new in 2025: €4,036
- Current portion of long-term debt +€3,308
new in 2025: €3,308
- Other debts -€1,200
down €1,200 (-36.4%), from €3,298 to €2,098
- Tax, wage and social debts -€1,168
down €1,168 (-48.7%), from €2,400 to €1,232
- Gross operating margin -€26,658
down €26,658, from €25,060 to -€1,597
- Taxes -€5,587
down €5,587 (-96.9%), from €5,767 to €180
- Depreciation +€1,925
up €1,925 (+31.9%), from €6,037 to €7,961
- Financial charges -€649
down €649 (-52.8%), from €1,228 to €579
- Other operating charges -€467
down €467 (-31.3%), from €1,490 to €1,024
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 | €86,478 | €81,206 | -€5,272 | -6.1% |
| Fixed assets | 21/28 | €34,923 | €26,962 | -€7,961 | -22.8% |
| Tangible fixed assets | 22/27 | €34,923 | €26,962 | -€7,961 | -22.8% |
| Land and buildings | 22 | €20,840 | €17,917 | -€2,923 | -14.0% |
| Furniture and vehicles | 24 | €14,084 | €9,045 | -€5,039 | -35.8% |
| Current assets | 29/58 | €51,555 | €54,244 | +€2,689 | +5.2% |
| Amounts receivable after more than one year | 29 | €25,000 | €20,500 | -€4,500 | -18.0% |
| Other amounts receivable | 291 | €25,000 | €20,500 | -€4,500 | -18.0% |
| Stocks and contracts in progress | 3 | €1,245 | €1,245 | = | 0.0% |
| Stocks | 30/36 | €1,245 | €1,245 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,873 | €13,990 | +€6,117 | +77.7% |
| Trade receivables | 40 | €3,196 | €10,707 | +€7,512 | +235% |
| Other amounts receivable | 41 | €4,678 | €3,283 | -€1,395 | -29.8% |
| Cash at bank and in hand | 54/58 | €15,010 | €16,272 | +€1,262 | +8.4% |
| Deferred charges and accrued income | 490/1 | €2,427 | €2,237 | -€190 | -7.8% |
| Total equity and liabilities | 10/49 | €86,478 | €81,206 | -€5,272 | -6.1% |
| Equity | 10/15 | €76,268 | €64,976 | -€11,292 | -14.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70,068 | €70,068 | = | 0.0% |
| Distributable reserves | 133 | €70,068 | €70,068 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€11,292 | -€11,292 | |
| Amounts payable | 17/49 | €10,211 | €16,230 | +€6,019 | +59.0% |
| Amounts payable after more than one year | 17 | - | €4,036 | +€4,036 | |
| Financial debts | 170/4 | - | €4,036 | +€4,036 | |
| Amounts payable within one year | 42/48 | €10,211 | €12,194 | +€1,984 | +19.4% |
| Current portion of amounts payable after more than one year | 42 | - | €3,308 | +€3,308 | |
| Financial debts | 43 | €18 | €63 | +€45 | +250% |
| Credit institutions | 430/8 | €18 | €63 | +€45 | +250% |
| Trade debts | 44 | €4,495 | €5,494 | +€999 | +22.2% |
| Suppliers | 440/4 | €4,495 | €5,494 | +€999 | +22.2% |
| Taxes, remuneration and social security | 45 | €2,400 | €1,232 | -€1,168 | -48.7% |
| Taxes | 450/3 | €2,400 | €1,232 | -€1,168 | -48.7% |
| Other amounts payable | 47/48 | €3,298 | €2,098 | -€1,200 | -36.4% |
| Non-recurring operating income | 76A | €1,240 | €0 | -€1,240 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,037 | €7,961 | +€1,925 | +31.9% |
| Other operating charges | 640/8 | €1,490 | €1,024 | -€467 | -31.3% |
| Gross operating margin | 9900 | €25,060 | -€1,597 | -€26,658 | |
| Operating profit (loss) | 9901 | €17,534 | -€10,582 | -€28,116 | |
| Financial income | 75/76B | €167 | €50 | -€117 | -69.9% |
| Recurring financial income | 75 | €167 | €50 | -€117 | -69.9% |
| Financial charges | 65/66B | €1,228 | €579 | -€649 | -52.8% |
| Recurring financial charges | 65 | €1,228 | €579 | -€649 | -52.8% |
| Profit (loss) for the period before taxes | 9903 | €16,472 | -€11,111 | -€27,584 | |
| Income taxes | 67/77 | €5,767 | €180 | -€5,587 | -96.9% |
| Profit (loss) for the period | 9904 | €10,705 | -€11,292 | -€21,997 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,705 | -€11,292 | -€21,997 |
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.