ARVA COMPTA: 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.
ARVA COMPTA
Largest movements
- Current assets +€266,972
up €266,972 (+82.6%), from €323,183 to €590,155
of which Cash: +€185,668
- Equity +€250,000
up €250,000 (+56.7%), from €440,785 to €690,785
of which Reserves: +€250,000
- Debts within one year +€57,601
up €57,601 (+100.0%), from €57,629 to €115,230
- Debts after one year -€48,839
down €48,839 (-56.5%), from €86,414 to €37,574
- Gross operating margin +€168,872
up €168,872 (+88.6%), from €190,590 to €359,462
- Taxes +€56,950
up €56,950 (+96.7%), from €58,907 to €115,857
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €584,828 | €843,624 | +€258,796 | +44.3% |
| Fixed assets | 21/28 | €261,645 | €253,469 | -€8,176 | -3.1% |
| Tangible fixed assets | 22/27 | €19,182 | €11,006 | -€8,176 | -42.6% |
| Financial fixed assets | 28 | €242,463 | €242,463 | = | 0.0% |
| Current assets | 29/58 | €323,183 | €590,155 | +€266,972 | +82.6% |
| Amounts receivable within one year | 40/41 | €312,469 | €393,768 | +€81,299 | +26.0% |
| Cash at bank and in hand | 54/58 | €9,649 | €195,318 | +€185,668 | +1,924% |
| Total equity and liabilities | 10/49 | €584,828 | €843,624 | +€258,796 | +44.3% |
| Equity | 10/15 | €440,785 | €690,785 | +€250,000 | +56.7% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €434,585 | €684,585 | +€250,000 | +57.5% |
| Amounts payable | 17/49 | €144,043 | €152,839 | +€8,796 | +6.1% |
| Amounts payable after more than one year | 17 | €86,414 | €37,574 | -€48,839 | -56.5% |
| Amounts payable within one year | 42/48 | €57,629 | €115,230 | +€57,601 | +100.0% |
| Trade debts | 44 | €901 | €3,174 | +€2,273 | +252% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,521 | €9,604 | -€917 | -8.7% |
| Gross operating margin | 9900 | €190,590 | €359,462 | +€168,872 | +88.6% |
| Operating profit (loss) | 9901 | €179,060 | €348,841 | +€169,781 | +94.8% |
| Recurring financial income | 75 | €5,482 | €21,642 | +€16,160 | +295% |
| Recurring financial charges | 65 | €1,342 | €935 | -€407 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €183,200 | €369,548 | +€186,349 | +102% |
| Income taxes | 67/77 | €58,907 | €115,857 | +€56,950 | +96.7% |
| Profit (loss) for the period | 9904 | €124,292 | €253,692 | +€129,399 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €124,292 | €253,692 | +€129,399 | +104% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.