Arthur's Bar: 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.
Arthur's Bar
Largest movements
- Tangible fixed assets +€36,873
up €36,873 (+54.1%), from €68,158 to €105,031
of which Other tangible fixed assets: +€33,937
- Stocks and contracts -€15,268
down €15,268 (-42.0%), from €36,366 to €21,098
- Receivables within one year +€9,221
up €9,221 (+161%), from €5,722 to €14,943
of which Other amounts receivable: +€7,844
- Cash +€4,705
up €4,705 (+27.5%), from €17,138 to €21,843
mainly Other debts (+€20,769) and Stocks and contracts (+€15,268)
- Deferred charges and accrued income -€2,390
down €2,390 (-99.7%), from €2,396 to €6
- Other debts +€20,769
up €20,769 (+63.5%), from €32,725 to €53,494
- Debts after one year -€8,391
down €8,391 (-20.8%), from €40,295 to €31,903
- Current portion of long-term debt +€6,562
up €6,562 (+57.8%), from €11,357 to €17,919
- Trade debts +€6,287
up €6,287 (+29.2%), from €21,549 to €27,836
- Tax, wage and social debts +€4,552
up €4,552 (+32.5%), from €14,024 to €18,576
of which Remuneration and social security: +€7,623
- Staff costs +€61,937
up €61,937 (+55.8%), from €111,071 to €173,007
- Gross operating margin +€47,893
up €47,893 (+30.8%), from €155,684 to €203,578
- Depreciation +€5,893
up €5,893 (+78.7%), from €7,489 to €13,381
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 | €143,734 | €176,431 | +€32,697 | +22.7% |
| Fixed assets | 21/28 | €73,112 | €109,541 | +€36,429 | +49.8% |
| Intangible fixed assets | 21 | €2,954 | €2,510 | -€444 | -15.0% |
| Tangible fixed assets | 22/27 | €68,158 | €105,031 | +€36,873 | +54.1% |
| Plant, machinery and equipment | 23 | €706 | €6,508 | +€5,803 | +822% |
| Furniture and vehicles | 24 | €8,852 | €5,986 | -€2,866 | -32.4% |
| Other tangible fixed assets | 26 | €58,601 | €92,537 | +€33,937 | +57.9% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €70,621 | €66,890 | -€3,731 | -5.3% |
| Stocks and contracts in progress | 3 | €36,366 | €21,098 | -€15,268 | -42.0% |
| Stocks | 30/36 | €36,366 | €21,098 | -€15,268 | -42.0% |
| Amounts receivable within one year | 40/41 | €5,722 | €14,943 | +€9,221 | +161% |
| Trade receivables | 40 | €5,722 | €7,099 | +€1,377 | +24.1% |
| Other amounts receivable | 41 | - | €7,844 | +€7,844 | |
| Current investments | 50/53 | €9,000 | €9,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,138 | €21,843 | +€4,705 | +27.5% |
| Deferred charges and accrued income | 490/1 | €2,396 | €6 | -€2,390 | -99.7% |
| Total equity and liabilities | 10/49 | €143,734 | €176,431 | +€32,697 | +22.7% |
| Equity | 10/15 | €23,784 | €26,703 | +€2,919 | +12.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,784 | €11,703 | +€2,919 | +33.2% |
| Amounts payable | 17/49 | €119,950 | €149,728 | +€29,778 | +24.8% |
| Amounts payable after more than one year | 17 | €40,295 | €31,903 | -€8,391 | -20.8% |
| Financial debts | 170/4 | €40,295 | €31,903 | -€8,391 | -20.8% |
| Amounts payable within one year | 42/48 | €79,655 | €117,825 | +€38,170 | +47.9% |
| Current portion of amounts payable after more than one year | 42 | €11,357 | €17,919 | +€6,562 | +57.8% |
| Trade debts | 44 | €21,549 | €27,836 | +€6,287 | +29.2% |
| Suppliers | 440/4 | €21,549 | €27,836 | +€6,287 | +29.2% |
| Taxes, remuneration and social security | 45 | €14,024 | €18,576 | +€4,552 | +32.5% |
| Taxes | 450/3 | €3,373 | €302 | -€3,071 | -91.1% |
| Remuneration and social security | 454/9 | €10,651 | €18,275 | +€7,623 | +71.6% |
| Other amounts payable | 47/48 | €32,725 | €53,494 | +€20,769 | +63.5% |
| Remuneration, social security and pensions | 62 | €111,071 | €173,007 | +€61,937 | +55.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,489 | €13,381 | +€5,893 | +78.7% |
| Other operating charges | 640/8 | €7,310 | €7,898 | +€588 | +8.0% |
| Non-recurring operating charges | 66A | - | €318 | +€318 | |
| Gross operating margin | 9900 | €155,684 | €203,578 | +€47,893 | +30.8% |
| Operating profit (loss) | 9901 | €29,815 | €8,973 | -€20,842 | -69.9% |
| Financial income | 75/76B | €8 | €576 | +€569 | +7,377% |
| Recurring financial income | 75 | €8 | €576 | +€569 | +7,377% |
| Financial charges | 65/66B | €7,378 | €6,328 | -€1,050 | -14.2% |
| Recurring financial charges | 65 | €7,378 | €6,328 | -€1,050 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €22,444 | €3,221 | -€19,224 | -85.7% |
| Income taxes | 67/77 | €361 | €302 | -€59 | -16.4% |
| Profit (loss) for the period | 9904 | €22,084 | €2,919 | -€19,165 | -86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,084 | €2,919 | -€19,165 | -86.8% |
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 27 October 2026 via checked.be.