ARVAMO: 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.
ARVAMO
Largest movements
- Cash +€15,884
up €15,884 (+51.0%), from €31,118 to €47,002
mainly Net result for the year (+€20,109) and Depreciation (+€9,151)
- Tangible fixed assets -€5,899
down €5,899 (-71.1%), from €8,297 to €2,398
of which Plant, machinery and equipment: -€6,192
- Intangible fixed assets -€2,426
down €2,426 (-100%), from €2,426 to €0
- Receivables within one year +€1,343
up €1,343 (+15.5%), from €8,642 to €9,985
of which Trade receivables: +€2,089
- Profit (loss) carried forward +€20,109
up €20,109, from -€18,214 to €1,895
- Debts after one year -€11,051
down €11,051 (-21.8%), from €50,649 to €39,598
- Tax, wage and social debts -€1,624
down €1,624 (-67.1%), from €2,421 to €797
of which Taxes: -€988
- Trade debts +€1,509
up €1,509 (+28.4%), from €5,317 to €6,826
- Depreciation -€5,454
down €5,454 (-37.3%), from €14,605 to €9,151
- Gross operating margin -€3,844
down €3,844 (-9.0%), from €42,600 to €38,756
- Staff costs +€1,248
up €1,248 (+20.3%), from €6,149 to €7,397
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 | €63,082 | €72,026 | +€8,943 | +14.2% |
| Fixed assets | 21/28 | €12,573 | €4,248 | -€8,325 | -66.2% |
| Intangible fixed assets | 21 | €2,426 | €0 | -€2,426 | -100% |
| Tangible fixed assets | 22/27 | €8,297 | €2,398 | -€5,899 | -71.1% |
| Plant, machinery and equipment | 23 | €7,058 | €867 | -€6,192 | -87.7% |
| Furniture and vehicles | 24 | €1,040 | €1,532 | +€492 | +47.3% |
| Other tangible fixed assets | 26 | €199 | €0 | -€199 | -100% |
| Financial fixed assets | 28 | €1,850 | €1,850 | = | 0.0% |
| Current assets | 29/58 | €50,509 | €67,778 | +€17,269 | +34.2% |
| Stocks and contracts in progress | 3 | €6,495 | €6,210 | -€285 | -4.4% |
| Stocks | 30/36 | €6,495 | €6,210 | -€285 | -4.4% |
| Amounts receivable within one year | 40/41 | €8,642 | €9,985 | +€1,343 | +15.5% |
| Trade receivables | 40 | €953 | €3,042 | +€2,089 | +219% |
| Other amounts receivable | 41 | €7,689 | €6,943 | -€746 | -9.7% |
| Cash at bank and in hand | 54/58 | €31,118 | €47,002 | +€15,884 | +51.0% |
| Deferred charges and accrued income | 490/1 | €4,254 | €4,580 | +€326 | +7.7% |
| Total equity and liabilities | 10/49 | €63,082 | €72,026 | +€8,943 | +14.2% |
| Equity | 10/15 | -€6,354 | €13,755 | +€20,109 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,214 | €1,895 | +€20,109 | |
| Amounts payable | 17/49 | €69,437 | €58,271 | -€11,165 | -16.1% |
| Amounts payable after more than one year | 17 | €50,649 | €39,598 | -€11,051 | -21.8% |
| Other amounts payable | 178/9 | €50,649 | €39,598 | -€11,051 | -21.8% |
| Amounts payable within one year | 42/48 | €18,788 | €18,673 | -€115 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €11,051 | €11,051 | = | 0.0% |
| Trade debts | 44 | €5,317 | €6,826 | +€1,509 | +28.4% |
| Suppliers | 440/4 | €5,317 | €6,826 | +€1,509 | +28.4% |
| Taxes, remuneration and social security | 45 | €2,421 | €797 | -€1,624 | -67.1% |
| Taxes | 450/3 | €1,200 | €212 | -€988 | -82.4% |
| Remuneration and social security | 454/9 | €1,221 | €585 | -€636 | -52.1% |
| Remuneration, social security and pensions | 62 | €6,149 | €7,397 | +€1,248 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,605 | €9,151 | -€5,454 | -37.3% |
| Other operating charges | 640/8 | €1,352 | €1,284 | -€67 | -5.0% |
| Non-recurring operating charges | 66A | €319 | €0 | -€319 | -100% |
| Gross operating margin | 9900 | €42,600 | €38,756 | -€3,844 | -9.0% |
| Operating profit (loss) | 9901 | €20,176 | €20,924 | +€748 | +3.7% |
| Financial income | 75/76B | €22 | €59 | +€37 | +167% |
| Recurring financial income | 75 | €22 | €59 | +€37 | +167% |
| Financial charges | 65/66B | €787 | €873 | +€87 | +11.0% |
| Recurring financial charges | 65 | €787 | €873 | +€87 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €19,411 | €20,109 | +€698 | +3.6% |
| Profit (loss) for the period | 9904 | €19,411 | €20,109 | +€698 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,411 | €20,109 | +€698 | +3.6% |
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 20 October 2026 via checked.be.