Arvid: 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.
Arvid
Largest movements
- Current investments +€80,000
up €80,000 (+53.3%), from €150,000 to €230,000
- Cash -€36,789
down €36,789 (-70.4%), from €52,244 to €15,455
mainly Current investments (-€80,000) and Tax, wage and social debts (-€21,629)
- Tangible fixed assets -€3,440
down €3,440 (-64.4%), from €5,339 to €1,899
of which Furniture and vehicles: -€2,831
- Reserves +€68,459
up €68,459 (+50.3%), from €136,103 to €204,562
- Tax, wage and social debts -€21,629
down €21,629 (-56.3%), from €38,391 to €16,763
- Trade debts -€12,044
down €12,044 (-98.3%), from €12,248 to €204
- Other debts +€5,181
up €5,181 (+22.0%), from €23,544 to €28,725
- Gross operating margin +€33,821
up €33,821 (+54.2%), from €62,434 to €96,255
- Taxes +€8,954
up €8,954 (+59.3%), from €15,104 to €24,058
- Depreciation -€3,808
down €3,808 (-52.5%), from €7,248 to €3,440
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 | €212,986 | €252,753 | +€39,767 | +18.7% |
| Fixed assets | 21/28 | €5,339 | €1,899 | -€3,440 | -64.4% |
| Tangible fixed assets | 22/27 | €5,339 | €1,899 | -€3,440 | -64.4% |
| Plant, machinery and equipment | 23 | €1,950 | €1,342 | -€608 | -31.2% |
| Furniture and vehicles | 24 | €3,389 | €557 | -€2,831 | -83.6% |
| Current assets | 29/58 | €207,647 | €250,854 | +€43,207 | +20.8% |
| Stocks and contracts in progress | 3 | €4,398 | €4,398 | = | 0.0% |
| Stocks | 30/36 | €4,398 | €4,398 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €572 | €572 | = | 0.0% |
| Other amounts receivable | 41 | €572 | €572 | = | 0.0% |
| Current investments | 50/53 | €150,000 | €230,000 | +€80,000 | +53.3% |
| Cash at bank and in hand | 54/58 | €52,244 | €15,455 | -€36,789 | -70.4% |
| Deferred charges and accrued income | 490/1 | €434 | €429 | -€5 | -1.1% |
| Total equity and liabilities | 10/49 | €212,986 | €252,753 | +€39,767 | +18.7% |
| Equity | 10/15 | €138,603 | €207,062 | +€68,459 | +49.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €136,103 | €204,562 | +€68,459 | +50.3% |
| Distributable reserves | 133 | €136,103 | €204,562 | +€68,459 | +50.3% |
| Amounts payable | 17/49 | €74,383 | €45,691 | -€28,692 | -38.6% |
| Amounts payable within one year | 42/48 | €74,183 | €45,691 | -€28,492 | -38.4% |
| Trade debts | 44 | €12,248 | €204 | -€12,044 | -98.3% |
| Suppliers | 440/4 | €12,248 | €204 | -€12,044 | -98.3% |
| Taxes, remuneration and social security | 45 | €38,391 | €16,763 | -€21,629 | -56.3% |
| Taxes | 450/3 | €38,391 | €16,763 | -€21,629 | -56.3% |
| Other amounts payable | 47/48 | €23,544 | €28,725 | +€5,181 | +22.0% |
| Accrued charges and deferred income | 492/3 | €200 | - | -€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,248 | €3,440 | -€3,808 | -52.5% |
| Other operating charges | 640/8 | €1,438 | €1,351 | -€87 | -6.1% |
| Gross operating margin | 9900 | €62,434 | €96,255 | +€33,821 | +54.2% |
| Operating profit (loss) | 9901 | €53,748 | €91,465 | +€37,716 | +70.2% |
| Financial income | 75/76B | €839 | €1,202 | +€363 | +43.3% |
| Recurring financial income | 75 | €839 | €1,202 | +€363 | +43.3% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €54,452 | €92,517 | +€38,064 | +69.9% |
| Income taxes | 67/77 | €15,104 | €24,058 | +€8,954 | +59.3% |
| Profit (loss) for the period | 9904 | €39,348 | €68,459 | +€29,111 | +74.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,348 | €68,459 | +€29,111 | +74.0% |
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.