ARVELIS: 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.
ARVELIS
Largest movements
- Receivables within one year +€8,618
up €8,618 (+483.7%), from €1,782 to €10,400
of which Trade receivables: +€9,224
- Cash -€1,087
down €1,087 (-98.9%), from €1,099 to €12
mainly Receivables within one year (-€8,618) and Other debts (-€2,371)
- Tangible fixed assets -€913
down €913 (-25.0%), from €3,653 to €2,740
- Profit (loss) carried forward +€9,663
up €9,663 (+92.3%), from -€10,473 to -€810
- Other debts -€2,371
down €2,371 (-28.5%), from €8,333 to €5,962
- Tax, wage and social debts -€1,434
down €1,434 (-41.0%), from €3,500 to €2,066
of which Remuneration and social security: -€2,620
- Trade debts +€760
up €760 (+439.3%), from €173 to €933
- Gross operating margin +€14,083
up €14,083, from -€2,465 to €11,618
- Other operating charges -€270
down €270 (-30.0%), from €899 to €629
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 | €6,534 | €13,152 | +€6,618 | +101.3% |
| Fixed assets | 21/28 | €3,653 | €2,740 | -€913 | -25.0% |
| Tangible fixed assets | 22/27 | €3,653 | €2,740 | -€913 | -25.0% |
| Furniture and vehicles | 24 | €3,653 | €2,740 | -€913 | -25.0% |
| Current assets | 29/58 | €2,881 | €10,412 | +€7,531 | +261.4% |
| Amounts receivable within one year | 40/41 | €1,782 | €10,400 | +€8,618 | +483.7% |
| Trade receivables | 40 | €1,176 | €10,400 | +€9,224 | +784.4% |
| Other amounts receivable | 41 | €606 | - | -€606 | |
| Cash at bank and in hand | 54/58 | €1,099 | €12 | -€1,087 | -98.9% |
| Total equity and liabilities | 10/49 | €6,534 | €13,152 | +€6,618 | +101.3% |
| Equity | 10/15 | -€5,473 | €4,190 | +€9,663 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,473 | -€810 | +€9,663 | +92.3% |
| Amounts payable | 17/49 | €12,006 | €8,961 | -€3,045 | -25.4% |
| Amounts payable within one year | 42/48 | €12,006 | €8,961 | -€3,045 | -25.4% |
| Trade debts | 44 | €173 | €933 | +€760 | +439.3% |
| Suppliers | 440/4 | €173 | €933 | +€760 | +439.3% |
| Taxes, remuneration and social security | 45 | €3,500 | €2,066 | -€1,434 | -41.0% |
| Taxes | 450/3 | - | €1,186 | +€1,186 | |
| Remuneration and social security | 454/9 | €3,500 | €880 | -€2,620 | -74.9% |
| Other amounts payable | 47/48 | €8,333 | €5,962 | -€2,371 | -28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €913 | €913 | = | 0.0% |
| Other operating charges | 640/8 | €899 | €629 | -€270 | -30.0% |
| Non-recurring operating charges | 66A | - | €185 | +€185 | |
| Gross operating margin | 9900 | -€2,465 | €11,618 | +€14,083 | |
| Operating profit (loss) | 9901 | -€4,277 | €9,891 | +€14,168 | |
| Financial charges | 65/66B | €137 | €229 | +€91 | +66.6% |
| Recurring financial charges | 65 | €137 | €229 | +€91 | +66.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,414 | €9,663 | +€14,077 | |
| Profit (loss) for the period | 9904 | -€4,414 | €9,663 | +€14,077 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,414 | €9,663 | +€14,077 |
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.