ARVAN: 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.
ARVAN
Largest movements
- Cash +€146,786
up €146,786 (+1170.4%), from €12,542 to €159,327
mainly Net result for the year (+€66,422) and Depreciation (+€38,232)
- Tangible fixed assets -€35,833
down €35,833 (-18.9%), from €189,852 to €154,019
of which Plant, machinery and equipment: -€24,883
- Receivables within one year -€14,762
down €14,762 (-50.5%), from €29,260 to €14,498
of which Other amounts receivable: -€12,120
- Stocks and contracts +€4,376
up €4,376 (+34.6%), from €12,655 to €17,031
- Profit (loss) carried forward +€66,422
up €66,422 (+56.2%), from €118,173 to €184,595
- Tax, wage and social debts +€28,949
up €28,949 (+223.6%), from €12,948 to €41,897
of which Taxes: +€20,626
- Trade debts +€19,173
up €19,173 (+248.9%), from €7,702 to €26,875
- Debts after one year -€17,472
down €17,472 (-39.5%), from €44,197 to €26,724
- Gross operating margin +€19,136
up €19,136 (+6.3%), from €305,497 to €324,633
- Taxes +€18,186
up €18,186 (+118.2%), from €15,380 to €33,566
- Staff costs -€18,031
down €18,031 (-9.4%), from €192,521 to €174,490
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.
Cash bridge derived
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 | €250,998 | €351,565 | +€100,566 | +40.1% |
| Fixed assets | 21/28 | €196,542 | €160,709 | -€35,833 | -18.2% |
| Tangible fixed assets | 22/27 | €189,852 | €154,019 | -€35,833 | -18.9% |
| Land and buildings | 22 | €50,860 | €48,183 | -€2,677 | -5.3% |
| Plant, machinery and equipment | 23 | €126,964 | €102,081 | -€24,883 | -19.6% |
| Furniture and vehicles | 24 | €12,029 | €3,755 | -€8,274 | -68.8% |
| Financial fixed assets | 28 | €6,690 | €6,690 | = | 0.0% |
| Current assets | 29/58 | €54,456 | €190,856 | +€136,400 | +250.5% |
| Stocks and contracts in progress | 3 | €12,655 | €17,031 | +€4,376 | +34.6% |
| Stocks | 30/36 | €12,655 | €17,031 | +€4,376 | +34.6% |
| Amounts receivable within one year | 40/41 | €29,260 | €14,498 | -€14,762 | -50.5% |
| Trade receivables | 40 | €17,140 | €14,498 | -€2,642 | -15.4% |
| Other amounts receivable | 41 | €12,120 | - | -€12,120 | |
| Cash at bank and in hand | 54/58 | €12,542 | €159,327 | +€146,786 | +1170.4% |
| Total equity and liabilities | 10/49 | €250,998 | €351,565 | +€100,566 | +40.1% |
| Equity | 10/15 | €145,441 | €211,863 | +€66,422 | +45.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Capital | 10 | €24,789 | €24,789 | = | 0.0% |
| Issued capital | 100 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €2,479 | €2,479 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Legal reserve | 130 | €2,479 | €2,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,173 | €184,595 | +€66,422 | +56.2% |
| Provisions and deferred taxes | 16 | €7,500 | €7,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €7,500 | €7,500 | = | 0.0% |
| Major repairs and maintenance | 162 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable | 17/49 | €98,057 | €132,201 | +€34,144 | +34.8% |
| Amounts payable after more than one year | 17 | €44,197 | €26,724 | -€17,472 | -39.5% |
| Financial debts | 170/4 | €44,197 | €26,724 | -€17,472 | -39.5% |
| Amounts payable within one year | 42/48 | €53,860 | €105,477 | +€51,617 | +95.8% |
| Current portion of amounts payable after more than one year | 42 | €18,211 | €19,144 | +€933 | +5.1% |
| Financial debts | 43 | €15,000 | €15,000 | = | 0.0% |
| Credit institutions | 430/8 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €7,702 | €26,875 | +€19,173 | +248.9% |
| Suppliers | 440/4 | €7,702 | €26,875 | +€19,173 | +248.9% |
| Taxes, remuneration and social security | 45 | €12,948 | €41,897 | +€28,949 | +223.6% |
| Taxes | 450/3 | €408 | €21,034 | +€20,626 | +5052.1% |
| Remuneration and social security | 454/9 | €12,539 | €20,863 | +€8,324 | +66.4% |
| Other amounts payable | 47/48 | - | €2,561 | +€2,561 | |
| Turnover | 70 | €745,752 | €751,004 | +€5,253 | +0.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €440,255 | €442,676 | +€2,421 | +0.6% |
| Remuneration, social security and pensions | 62 | €192,521 | €174,490 | -€18,031 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,675 | €38,232 | -€442 | -1.1% |
| Other operating charges | 640/8 | €9,858 | €5,774 | -€4,084 | -41.4% |
| Gross operating margin | 9900 | €305,497 | €324,633 | +€19,136 | +6.3% |
| Operating profit (loss) | 9901 | €64,443 | €106,137 | +€41,693 | +64.7% |
| Financial income | 75/76B | €7 | €168 | +€161 | +2227.7% |
| Recurring financial income | 75 | €7 | €168 | +€161 | +2227.7% |
| Financial charges | 65/66B | €3,311 | €6,316 | +€3,005 | +90.8% |
| Recurring financial charges | 65 | €3,311 | €6,316 | +€3,005 | +90.8% |
| Profit (loss) for the period before taxes | 9903 | €61,139 | €99,988 | +€38,849 | +63.5% |
| Income taxes | 67/77 | €15,380 | €33,566 | +€18,186 | +118.2% |
| Profit (loss) for the period | 9904 | €45,759 | €66,422 | +€20,663 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,759 | €66,422 | +€20,663 | +45.2% |
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 10 October 2026 via checked.be.