ARVA ELEKTRO: 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 ELEKTRO
Largest movements
- Stocks and contracts -€121,000
down €121,000 (-29.9%), from €405,205 to €284,205
- Cash +€88,644
up €88,644 (+105%), from €84,575 to €173,219
mainly Short-term financial debts (+€125,000) and Stocks and contracts (+€121,000)
- Tangible fixed assets -€52,518
down €52,518 (-11.2%), from €466,888 to €414,370
of which Land and buildings: -€30,193
- Receivables within one year -€20,487
down €20,487 (-86.1%), from €23,787 to €3,300
of which Other amounts receivable: -€10,712
- Debts after one year -€357,715
down €357,715 (-91.3%), from €391,826 to €34,112
of which Other amounts payable: -€322,693
- Short-term financial debts +€125,000
up €125,000, from €0 to €125,000
- Reserves +€97,769
up €97,769 (+23.0%), from €424,598 to €522,368
of which Distributable reserves: +€97,769
- Trade debts +€37,155
up €37,155 (+174%), from €21,379 to €58,533
- Gross operating margin +€149,418
up €149,418 (+335%), from €44,564 to €193,982
- Financial charges -€19,479
down €19,479 (-69.1%), from €28,194 to €8,715
- Staff costs -€5,594
down €5,594 (-21.9%), from €25,575 to €19,982
- Taxes +€4,156
up €4,156 (+2,066%), from €201 to €4,357
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 | €980,550 | €875,340 | -€105,210 | -10.7% |
| Fixed assets | 21/28 | €466,888 | €414,370 | -€52,518 | -11.2% |
| Tangible fixed assets | 22/27 | €466,888 | €414,370 | -€52,518 | -11.2% |
| Land and buildings | 22 | €399,306 | €369,113 | -€30,193 | -7.6% |
| Furniture and vehicles | 24 | €67,581 | €45,256 | -€22,325 | -33.0% |
| Current assets | 29/58 | €513,662 | €460,971 | -€52,691 | -10.3% |
| Stocks and contracts in progress | 3 | €405,205 | €284,205 | -€121,000 | -29.9% |
| Stocks | 30/36 | €405,205 | €284,205 | -€121,000 | -29.9% |
| Amounts receivable within one year | 40/41 | €23,787 | €3,300 | -€20,487 | -86.1% |
| Trade receivables | 40 | €13,075 | €3,300 | -€9,775 | -74.8% |
| Other amounts receivable | 41 | €10,712 | €0 | -€10,712 | -100% |
| Cash at bank and in hand | 54/58 | €84,575 | €173,219 | +€88,644 | +105% |
| Deferred charges and accrued income | 490/1 | €95 | €247 | +€152 | +160% |
| Total equity and liabilities | 10/49 | €980,550 | €875,340 | -€105,210 | -10.7% |
| Equity | 10/15 | €486,598 | €584,368 | +€97,769 | +20.1% |
| 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 | €424,598 | €522,368 | +€97,769 | +23.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €418,398 | €516,168 | +€97,769 | +23.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €493,951 | €290,973 | -€202,979 | -41.1% |
| Amounts payable after more than one year | 17 | €391,826 | €34,112 | -€357,715 | -91.3% |
| Financial debts | 170/4 | €66,781 | €31,759 | -€35,022 | -52.4% |
| Other amounts payable | 178/9 | €325,046 | €2,353 | -€322,693 | -99.3% |
| Amounts payable within one year | 42/48 | €98,157 | €247,797 | +€149,640 | +152% |
| Current portion of amounts payable after more than one year | 42 | €43,370 | €35,022 | -€8,348 | -19.2% |
| Financial debts | 43 | €0 | €125,000 | +€125,000 | |
| Credit institutions | 430/8 | €0 | €125,000 | +€125,000 | |
| Trade debts | 44 | €21,379 | €58,533 | +€37,155 | +174% |
| Suppliers | 440/4 | €21,379 | €58,533 | +€37,155 | +174% |
| Advances received on contracts in progress | 46 | €13,629 | €10,699 | -€2,930 | -21.5% |
| Taxes, remuneration and social security | 45 | €19,779 | €18,542 | -€1,237 | -6.3% |
| Taxes | 450/3 | €14,395 | €17,126 | +€2,732 | +19.0% |
| Remuneration and social security | 454/9 | €5,384 | €1,416 | -€3,968 | -73.7% |
| Accrued charges and deferred income | 492/3 | €3,968 | €9,064 | +€5,096 | +128% |
| Remuneration, social security and pensions | 62 | €25,575 | €19,982 | -€5,594 | -21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,632 | €57,080 | +€1,448 | +2.6% |
| Other operating charges | 640/8 | €7,237 | €8,225 | +€988 | +13.7% |
| Non-recurring operating charges | 66A | €6,899 | €0 | -€6,899 | -100% |
| Gross operating margin | 9900 | €44,564 | €193,982 | +€149,418 | +335% |
| Operating profit (loss) | 9901 | -€50,780 | €108,695 | +€159,475 | |
| Financial income | 75/76B | €3,196 | €2,146 | -€1,049 | -32.8% |
| Recurring financial income | 75 | €3,196 | €2,146 | -€1,049 | -32.8% |
| Financial charges | 65/66B | €28,194 | €8,715 | -€19,479 | -69.1% |
| Recurring financial charges | 65 | €28,194 | €8,715 | -€19,479 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | -€75,778 | €102,126 | +€177,905 | |
| Income taxes | 67/77 | €201 | €4,357 | +€4,156 | +2,066% |
| Profit (loss) for the period | 9904 | -€75,980 | €97,769 | +€173,749 | |
| Profit (loss) for the period to be appropriated | 9905 | -€75,980 | €97,769 | +€173,749 |
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 21 October 2026 via checked.be.