Arvest Ventures: 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.
What changed
Arvest Ventures
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€496,129
2024 · €1,684+€494,445
Equity
€529,984
2024 · €133,855+€396,129
Cash
€13,351
2024 · €21,304-€7,952
Balance sheet total
€1.3m
2024 · €1.6m-€340,914
Largest movements
Assets
- Financial fixed assets -€365,055
down €365,055 (-23.8%), from €1.5m to €1.2m
- Receivables after one year +€45,846
new in 2025: €45,846
Equity and liabilities
- Debts after one year -€699,638
down €699,638 (-56.6%), from €1.2m to €537,371
- Profit (loss) carried forward +€396,129
up €396,129 (+472%), from €83,855 to €479,984
- Current portion of long-term debt -€44,511
down €44,511 (-46.9%), from €95,000 to €50,489
Income statement
- Gross operating margin +€426,601
up €426,601 (+213%), from €200,576 to €627,177
- Financial income +€49,830
up €49,830, from €0 to €49,830
- Staff costs -€15,488
down €15,488 (-8.5%), from €182,542 to €167,055
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.
Result 2024
€1,684
Gross operating margin
+€426,601
Staff costs
+€15,488
Depreciation
+€766
Other operating charges
-€1,067
Financial income
+€49,830
Financial charges
+€331
Taxes
+€2,497
Result 2025
€496,129
raises the resultlowers the result
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.
From operations
+€472,091
Investment
+€364,105
Financing
-€844,149
Cash 2024
€21,304
From operations (derived)
+€472,091
Net result for the year
+€496,129
Depreciation
+€1,011
Receivables after one year
-€45,846
Receivables within one year
+€13,691
Trade debts
+€1,657
Tax, wage and social debts
-€2,551
Other debts
+€8,000
Investment (derived)
+€364,105
Investment in fixed assets (net)
+€364,105
Financing
-€844,149
Debts after one year
-€699,638
Current portion of long-term debt
-€44,511
Contributions, distributions and other
-€100,000
Cash 2025
€13,351
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,596,800 | €1,255,887 | -€340,914 | -21.3% |
| Fixed assets | 21/28 | €1,534,119 | €1,169,003 | -€365,116 | -23.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,259 | €1,198 | -€61 | -4.8% |
| Furniture and vehicles | 24 | €1,259 | €1,198 | -€61 | -4.8% |
| Financial fixed assets | 28 | €1,532,860 | €1,167,805 | -€365,055 | -23.8% |
| Current assets | 29/58 | €62,682 | €86,884 | +€24,203 | +38.6% |
| Amounts receivable after more than one year | 29 | - | €45,846 | +€45,846 | |
| Other amounts receivable | 291 | - | €45,846 | +€45,846 | |
| Amounts receivable within one year | 40/41 | €41,378 | €27,687 | -€13,691 | -33.1% |
| Trade receivables | 40 | €41,378 | €12,687 | -€28,691 | -69.3% |
| Other amounts receivable | 41 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €21,304 | €13,351 | -€7,952 | -37.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,596,800 | €1,255,887 | -€340,914 | -21.3% |
| Equity | 10/15 | €133,855 | €529,984 | +€396,129 | +296% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,855 | €479,984 | +€396,129 | +472% |
| Amounts payable | 17/49 | €1,462,945 | €725,903 | -€737,043 | -50.4% |
| Amounts payable after more than one year | 17 | €1,237,009 | €537,371 | -€699,638 | -56.6% |
| Financial debts | 170/4 | €1,237,009 | €537,371 | -€699,638 | -56.6% |
| Amounts payable within one year | 42/48 | €225,937 | €188,531 | -€37,405 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €95,000 | €50,489 | -€44,511 | -46.9% |
| Trade debts | 44 | €2,186 | €3,843 | +€1,657 | +75.8% |
| Suppliers | 440/4 | €2,186 | €3,843 | +€1,657 | +75.8% |
| Taxes, remuneration and social security | 45 | €26,751 | €24,200 | -€2,551 | -9.5% |
| Taxes | 450/3 | €7,804 | €5,379 | -€2,425 | -31.1% |
| Remuneration and social security | 454/9 | €18,947 | €18,821 | -€126 | -0.7% |
| Other amounts payable | 47/48 | €102,000 | €110,000 | +€8,000 | +7.8% |
| Non-recurring operating income | 76A | - | €490,058 | +€490,058 | |
| Remuneration, social security and pensions | 62 | €182,542 | €167,055 | -€15,488 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,777 | €1,011 | -€766 | -43.1% |
| Other operating charges | 640/8 | €220 | €1,287 | +€1,067 | +485% |
| Gross operating margin | 9900 | €200,576 | €627,177 | +€426,601 | +213% |
| Operating profit (loss) | 9901 | €16,037 | €457,824 | +€441,788 | +2,755% |
| Financial income | 75/76B | €0 | €49,830 | +€49,830 | |
| Recurring financial income | 75 | €0 | €49,830 | +€49,830 | |
| Financial charges | 65/66B | €11,266 | €10,935 | -€331 | -2.9% |
| Recurring financial charges | 65 | €11,266 | €10,935 | -€331 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €4,770 | €496,719 | +€491,949 | +10,313% |
| Income taxes | 67/77 | €3,086 | €590 | -€2,497 | -80.9% |
| Profit (loss) for the period | 9904 | €1,684 | €496,129 | +€494,445 | +29,365% |
| Profit (loss) for the period to be appropriated | 9905 | €1,684 | €496,129 | +€494,445 | +29,365% |
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 15 October 2026 via checked.be.