ARVICO: what changed
Two fiscal 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.
ARVICO
Largest movements
- Deferred charges and accrued income -€6,482
down €6,482 (-24.7%), from €26,191 to €19,709
- Trade debts -€35,414
down €35,414 (-35.6%), from €99,578 to €64,164
- Reserves +€33,843
up €33,843 (+12.5%), from €269,894 to €303,737
- Debts after one year -€16,803
down €16,803 (-9.2%), from €183,154 to €166,351
- Tax, wage and social debts +€8,241
up €8,241 (+35.9%), from €22,942 to €31,183
of which Taxes: +€9,429
- Gross operating margin -€7,262
down €7,262 (-9.0%), from €80,605 to €73,342
- Depreciation +€1,561
up €1,561 (+9.7%), from €16,135 to €17,696
- Financial charges -€1,162
down €1,162 (-20.1%), from €5,787 to €4,625
- Taxes +€892
up €892 (+6.6%), from €13,519 to €14,411
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €604,543 | €595,507 | -€9,036 | -1.5% |
| Fixed assets | 21/28 | €291,444 | €290,849 | -€595 | -0.2% |
| Tangible fixed assets | 22/27 | €291,444 | €290,849 | -€595 | -0.2% |
| Land and buildings | 22 | €254,303 | €247,923 | -€6,380 | -2.5% |
| Plant, machinery and equipment | 23 | €1,526 | €1,274 | -€252 | -16.5% |
| Furniture and vehicles | 24 | €13,359 | €24,232 | +€10,873 | +81.4% |
| Other tangible fixed assets | 26 | €22,256 | €17,420 | -€4,836 | -21.7% |
| Current assets | 29/58 | €313,099 | €304,658 | -€8,441 | -2.7% |
| Amounts receivable within one year | 40/41 | €97,466 | €93,781 | -€3,684 | -3.8% |
| Trade receivables | 40 | €75,236 | €55,243 | -€19,993 | -26.6% |
| Other amounts receivable | 41 | €22,229 | €38,538 | +€16,308 | +73.4% |
| Cash at bank and in hand | 54/58 | €189,442 | €191,168 | +€1,725 | +0.9% |
| Deferred charges and accrued income | 490/1 | €26,191 | €19,709 | -€6,482 | -24.7% |
| Total equity and liabilities | 10/49 | €604,543 | €595,507 | -€9,036 | -1.5% |
| Equity | 10/15 | €282,294 | €316,137 | +€33,843 | +12.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €269,894 | €303,737 | +€33,843 | +12.5% |
| Distributable reserves | 133 | €269,894 | €303,737 | +€33,843 | +12.5% |
| Amounts payable | 17/49 | €322,249 | €279,370 | -€42,879 | -13.3% |
| Amounts payable after more than one year | 17 | €183,154 | €166,351 | -€16,803 | -9.2% |
| Financial debts | 170/4 | €183,154 | €166,351 | -€16,803 | -9.2% |
| Amounts payable within one year | 42/48 | €139,096 | €112,149 | -€26,946 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €16,576 | €16,803 | +€227 | +1.4% |
| Trade debts | 44 | €99,578 | €64,164 | -€35,414 | -35.6% |
| Suppliers | 440/4 | €99,578 | €64,164 | -€35,414 | -35.6% |
| Taxes, remuneration and social security | 45 | €22,942 | €31,183 | +€8,241 | +35.9% |
| Taxes | 450/3 | €21,753 | €31,183 | +€9,429 | +43.3% |
| Remuneration and social security | 454/9 | €1,188 | - | -€1,188 | |
| Accrued charges and deferred income | 492/3 | - | €870 | +€870 | |
| Non-recurring operating income | 76A | €28,054 | €5 | -€28,049 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,135 | €17,696 | +€1,561 | +9.7% |
| Other operating charges | 640/8 | €3,534 | €2,895 | -€639 | -18.1% |
| Gross operating margin | 9900 | €80,605 | €73,342 | -€7,262 | -9.0% |
| Operating profit (loss) | 9901 | €60,936 | €52,752 | -€8,184 | -13.4% |
| Financial income | 75/76B | €256 | €127 | -€128 | -50.1% |
| Recurring financial income | 75 | €256 | €127 | -€128 | -50.1% |
| Financial charges | 65/66B | €5,787 | €4,625 | -€1,162 | -20.1% |
| Recurring financial charges | 65 | €5,787 | €4,625 | -€1,162 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €55,404 | €48,254 | -€7,150 | -12.9% |
| Income taxes | 67/77 | €13,519 | €14,411 | +€892 | +6.6% |
| Profit (loss) for the period | 9904 | €41,884 | €33,843 | -€8,042 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,884 | €33,843 | -€8,042 | -19.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.