ARTHABASKA: what changed
Two fiscal 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.
ARTHABASKA
Largest movements
- Stocks and contracts -€10,076
down €10,076 (-5.5%), from €182,099 to €172,023
- Receivables within one year +€6,581
up €6,581 (+35.2%), from €18,718 to €25,300
of which Other amounts receivable: +€10,212
- Tangible fixed assets -€3,372
down €3,372 (-25.4%), from €13,253 to €9,882
of which Furniture and vehicles: -€2,131
- Cash -€2,277
down €2,277 (-67.2%), from €3,388 to €1,111
mainly Short-term financial debts (-€30,951) and Receivables within one year (-€6,581)
- Short-term financial debts -€30,951
down €30,951 (-34.2%), from €90,369 to €59,418
- Profit (loss) carried forward +€24,010
up €24,010 (+83.9%), from €28,617 to €52,626
- Other debts -€4,068
down €4,068 (-37.8%), from €10,766 to €6,699
- Gross operating margin +€54,692
up €54,692, from -€10,943 to €43,749
- Depreciation -€12,119
down €12,119 (-70.0%), from €17,316 to €5,196
- Financial income -€4,647
down €4,647 (-89.8%), from €5,178 to €531
- Financial charges -€3,644
down €3,644 (-24.0%), from €15,176 to €11,532
- Other operating charges +€1,989
up €1,989 (+128.1%), from €1,552 to €3,541
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 | €219,469 | €209,095 | -€10,374 | -4.7% |
| Fixed assets | 21/28 | €14,033 | €10,662 | -€3,372 | -24.0% |
| Tangible fixed assets | 22/27 | €13,253 | €9,882 | -€3,372 | -25.4% |
| Plant, machinery and equipment | 23 | €3,349 | €2,109 | -€1,241 | -37.0% |
| Furniture and vehicles | 24 | €9,904 | €7,773 | -€2,131 | -21.5% |
| Financial fixed assets | 28 | €780 | €780 | = | 0.0% |
| Current assets | 29/58 | €205,436 | €198,433 | -€7,003 | -3.4% |
| Stocks and contracts in progress | 3 | €182,099 | €172,023 | -€10,076 | -5.5% |
| Stocks | 30/36 | €182,099 | €172,023 | -€10,076 | -5.5% |
| Amounts receivable within one year | 40/41 | €18,718 | €25,300 | +€6,581 | +35.2% |
| Trade receivables | 40 | €4,089 | €459 | -€3,631 | -88.8% |
| Other amounts receivable | 41 | €14,629 | €24,841 | +€10,212 | +69.8% |
| Cash at bank and in hand | 54/58 | €3,388 | €1,111 | -€2,277 | -67.2% |
| Deferred charges and accrued income | 490/1 | €1,231 | - | -€1,231 | |
| Total equity and liabilities | 10/49 | €219,469 | €209,095 | -€10,374 | -4.7% |
| Equity | 10/15 | €96,817 | €120,826 | +€24,010 | +24.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,617 | €52,626 | +€24,010 | +83.9% |
| Amounts payable | 17/49 | €122,653 | €88,269 | -€34,384 | -28.0% |
| Amounts payable within one year | 42/48 | €122,653 | €88,269 | -€34,384 | -28.0% |
| Financial debts | 43 | €90,369 | €59,418 | -€30,951 | -34.2% |
| Credit institutions | 430/8 | €90,369 | €59,418 | -€30,951 | -34.2% |
| Trade debts | 44 | €16,240 | €15,912 | -€328 | -2.0% |
| Suppliers | 440/4 | €16,240 | €15,912 | -€328 | -2.0% |
| Advances received on contracts in progress | 46 | - | €555 | +€555 | |
| Taxes, remuneration and social security | 45 | €5,277 | €5,685 | +€408 | +7.7% |
| Taxes | 450/3 | €5,277 | €5,685 | +€408 | +7.7% |
| Other amounts payable | 47/48 | €10,766 | €6,699 | -€4,068 | -37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,316 | €5,196 | -€12,119 | -70.0% |
| Other operating charges | 640/8 | €1,552 | €3,541 | +€1,989 | +128.1% |
| Gross operating margin | 9900 | -€10,943 | €43,749 | +€54,692 | |
| Operating profit (loss) | 9901 | -€29,811 | €35,011 | +€64,822 | |
| Financial income | 75/76B | €5,178 | €531 | -€4,647 | -89.8% |
| Recurring financial income | 75 | €5,178 | €531 | -€4,647 | -89.8% |
| Financial charges | 65/66B | €15,176 | €11,532 | -€3,644 | -24.0% |
| Recurring financial charges | 65 | €15,176 | €11,532 | -€3,644 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | -€39,809 | €24,010 | +€63,819 | |
| Profit (loss) for the period | 9904 | -€39,809 | €24,010 | +€63,819 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,809 | €24,010 | +€63,819 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.