ARSYSCO: 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.
ARSYSCO
Largest movements
- Cash -€23,644
down €23,644 (-28.3%), from €83,670 to €60,027
mainly Net result for the year (-€23,096) and Tax, wage and social debts (-€11,829)
- Receivables within one year -€5,125
down €5,125 (-57.2%), from €8,955 to €3,830
of which Trade receivables: -€8,712
- Tangible fixed assets -€4,912
down €4,912 (-23.6%), from €20,817 to €15,906
- Profit (loss) carried forward -€23,929
down €23,929 (-24.0%), from €99,689 to €75,760
- Tax, wage and social debts -€11,829
down €11,829 (-85.4%), from €13,854 to €2,025
- Gross operating margin -€148,140
down €148,140, from €131,174 to -€16,967
- Taxes -€26,689
down €26,689 (-99.5%), from €26,836 to €147
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.
Cash bridge derived
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 | €116,173 | €81,382 | -€34,792 | -29.9% |
| Fixed assets | 21/28 | €22,937 | €17,525 | -€5,412 | -23.6% |
| Intangible fixed assets | 21 | €2,120 | €1,620 | -€500 | -23.6% |
| Tangible fixed assets | 22/27 | €20,817 | €15,906 | -€4,912 | -23.6% |
| Furniture and vehicles | 24 | €20,817 | €15,906 | -€4,912 | -23.6% |
| Current assets | 29/58 | €93,236 | €63,856 | -€29,380 | -31.5% |
| Amounts receivable within one year | 40/41 | €8,955 | €3,830 | -€5,125 | -57.2% |
| Trade receivables | 40 | €8,712 | €0 | -€8,712 | -100.0% |
| Other amounts receivable | 41 | €243 | €3,830 | +€3,587 | +1477.6% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €83,670 | €60,027 | -€23,644 | -28.3% |
| Deferred charges and accrued income | 490/1 | €611 | €0 | -€611 | -100.0% |
| Total equity and liabilities | 10/49 | €116,173 | €81,382 | -€34,792 | -29.9% |
| Equity | 10/15 | €101,689 | €77,760 | -€23,929 | -23.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,689 | €75,760 | -€23,929 | -24.0% |
| Amounts payable | 17/49 | €14,485 | €3,622 | -€10,863 | -75.0% |
| Amounts payable within one year | 42/48 | €14,485 | €3,622 | -€10,863 | -75.0% |
| Financial debts | 43 | €51 | €0 | -€51 | -100.0% |
| Credit institutions | 430/8 | €51 | €0 | -€51 | -100.0% |
| Trade debts | 44 | €579 | €764 | +€185 | +31.9% |
| Suppliers | 440/4 | €579 | €764 | +€185 | +31.9% |
| Taxes, remuneration and social security | 45 | €13,854 | €2,025 | -€11,829 | -85.4% |
| Taxes | 450/3 | €13,854 | €2,025 | -€11,829 | -85.4% |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,122 | €5,412 | +€1,290 | +31.3% |
| Other operating charges | 640/8 | €570 | €772 | +€201 | +35.3% |
| Gross operating margin | 9900 | €131,174 | -€16,967 | -€148,140 | |
| Operating profit (loss) | 9901 | €126,481 | -€23,150 | -€149,632 | |
| Financial income | 75/76B | €105 | €346 | +€240 | +227.7% |
| Recurring financial income | 75 | €105 | €346 | +€240 | +227.7% |
| Financial charges | 65/66B | €62 | €144 | +€82 | +132.2% |
| Recurring financial charges | 65 | €62 | €144 | +€82 | +132.2% |
| Profit (loss) for the period before taxes | 9903 | €126,525 | -€22,949 | -€149,474 | |
| Income taxes | 67/77 | €26,836 | €147 | -€26,689 | -99.5% |
| Profit (loss) for the period | 9904 | €99,689 | -€23,096 | -€122,785 | |
| Profit (loss) for the period to be appropriated | 9905 | €99,689 | -€23,096 | -€122,785 |
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 11 October 2026 via checked.be.