Arthures: what changed
Arthures
Largest movements
- Cash -€56,754
down €56,754 (-67.7%), from €83,879 to €27,125
mainly Other debts (-€59,266) and Stocks and contracts (-€39,000)
- Stocks and contracts +€39,000
up €39,000 (+12.5%), from €311,103 to €350,103
- Receivables within one year +€11,359
up €11,359 (+90.2%), from €12,591 to €23,951
of which Other amounts receivable: +€6,065
- Tangible fixed assets -€11,344
down €11,344 (-30.1%), from €37,668 to €26,324
of which Plant, machinery and equipment: -€8,372
- Other debts -€59,266
down €59,266 (-10.0%), from €592,474 to €533,207
- Profit (loss) carried forward +€44,467
up €44,467 (+17.3%), from -€257,121 to -€212,654
- Turnover -€75,741
down €75,741 (-9.7%), from €779,886 to €704,145
- Purchases and services -€68,470
down €68,470 (-9.1%), from €751,665 to €683,194
- Gross operating margin +€39,875
up €39,875 (+30.4%), from €131,108 to €170,983
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €452,014 | €434,031 | -€17,983 | -4.0% |
| Fixed assets | 21/28 | €37,668 | €26,324 | -€11,344 | -30.1% |
| Tangible fixed assets | 22/27 | €37,668 | €26,324 | -€11,344 | -30.1% |
| Plant, machinery and equipment | 23 | €33,856 | €25,484 | -€8,372 | -24.7% |
| Furniture and vehicles | 24 | €3,811 | €840 | -€2,972 | -78.0% |
| Current assets | 29/58 | €414,346 | €407,707 | -€6,639 | -1.6% |
| Stocks and contracts in progress | 3 | €311,103 | €350,103 | +€39,000 | +12.5% |
| Stocks | 30/36 | €311,103 | €350,103 | +€39,000 | +12.5% |
| Amounts receivable within one year | 40/41 | €12,591 | €23,951 | +€11,359 | +90.2% |
| Trade receivables | 40 | €883 | €6,177 | +€5,294 | +600% |
| Other amounts receivable | 41 | €11,708 | €17,774 | +€6,065 | +51.8% |
| Cash at bank and in hand | 54/58 | €83,879 | €27,125 | -€56,754 | -67.7% |
| Deferred charges and accrued income | 490/1 | €6,772 | €6,528 | -€244 | -3.6% |
| Total equity and liabilities | 10/49 | €452,014 | €434,031 | -€17,983 | -4.0% |
| Equity | 10/15 | -€250,921 | -€206,454 | +€44,467 | +17.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€257,121 | -€212,654 | +€44,467 | +17.3% |
| Amounts payable | 17/49 | €702,935 | €640,485 | -€62,450 | -8.9% |
| Amounts payable within one year | 42/48 | €700,435 | €637,985 | -€62,450 | -8.9% |
| Trade debts | 44 | €84,112 | €80,767 | -€3,344 | -4.0% |
| Suppliers | 440/4 | €84,112 | €80,767 | -€3,344 | -4.0% |
| Advances received on contracts in progress | 46 | €2,123 | €2,035 | -€87 | -4.1% |
| Taxes, remuneration and social security | 45 | €21,727 | €21,975 | +€248 | +1.1% |
| Taxes | 450/3 | €13,331 | €13,142 | -€189 | -1.4% |
| Remuneration and social security | 454/9 | €8,396 | €8,833 | +€437 | +5.2% |
| Other amounts payable | 47/48 | €592,474 | €533,207 | -€59,266 | -10.0% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Turnover | 70 | €779,886 | €704,145 | -€75,741 | -9.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €751,665 | €683,194 | -€68,470 | -9.1% |
| Remuneration, social security and pensions | 62 | €61,873 | €62,821 | +€948 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,639 | €20,844 | +€2,205 | +11.8% |
| Other operating charges | 640/8 | €7,553 | €7,813 | +€260 | +3.4% |
| Gross operating margin | 9900 | €131,108 | €170,983 | +€39,875 | +30.4% |
| Operating profit (loss) | 9901 | €43,043 | €79,505 | +€36,462 | +84.7% |
| Financial income | 75/76B | €701 | €802 | +€101 | +14.4% |
| Recurring financial income | 75 | €701 | €802 | +€101 | +14.4% |
| Financial charges | 65/66B | €37,703 | €35,840 | -€1,863 | -4.9% |
| Recurring financial charges | 65 | €37,703 | €35,840 | -€1,863 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €6,041 | €44,467 | +€38,426 | +636% |
| Profit (loss) for the period | 9904 | €6,041 | €44,467 | +€38,426 | +636% |
| Profit (loss) for the period to be appropriated | 9905 | €6,041 | €44,467 | +€38,426 | +636% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.