ARWOVIMM: 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.
ARWOVIMM
Largest movements
- Tangible fixed assets -€23,150
down €23,150 (-4.3%), from €538,215 to €515,064
- Debts after one year -€26,456
down €26,456 (-7.1%), from €373,244 to €346,788
- Trade debts +€17,098
up €17,098 (+212.2%), from €8,059 to €25,157
- Tax, wage and social debts -€15,645
down €15,645 (-85.3%), from €18,344 to €2,699
of which Remuneration and social security: -€15,554
- Staff costs -€37,453
down €37,453 (-63.9%), from €58,615 to €21,163
- Gross operating margin -€25,914
down €25,914 (-22.9%), from €113,383 to €87,469
- Financial charges +€8,310
up €8,310 (+40.6%), from €20,493 to €28,803
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 | €989,936 | €974,713 | -€15,223 | -1.5% |
| Fixed assets | 21/28 | €538,215 | €515,064 | -€23,150 | -4.3% |
| Tangible fixed assets | 22/27 | €538,215 | €515,064 | -€23,150 | -4.3% |
| Land and buildings | 22 | €538,215 | €515,064 | -€23,150 | -4.3% |
| Current assets | 29/58 | €451,721 | €459,649 | +€7,928 | +1.8% |
| Stocks and contracts in progress | 3 | €99,792 | €99,792 | = | 0.0% |
| Stocks | 30/36 | €99,792 | €99,792 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €307,818 | €314,237 | +€6,419 | +2.1% |
| Trade receivables | 40 | €11,616 | €11,616 | = | 0.0% |
| Other amounts receivable | 41 | €296,202 | €302,621 | +€6,419 | +2.2% |
| Cash at bank and in hand | 54/58 | €2,112 | €3,620 | +€1,508 | +71.4% |
| Deferred charges and accrued income | 490/1 | €42,000 | €42,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €989,936 | €974,713 | -€15,223 | -1.5% |
| Equity | 10/15 | €205,093 | €209,047 | +€3,955 | +1.9% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €140,093 | €144,047 | +€3,955 | +2.8% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €133,593 | €137,547 | +€3,955 | +3.0% |
| Amounts payable | 17/49 | €784,843 | €765,666 | -€19,178 | -2.4% |
| Amounts payable after more than one year | 17 | €373,244 | €346,788 | -€26,456 | -7.1% |
| Financial debts | 170/4 | €373,244 | €346,788 | -€26,456 | -7.1% |
| Amounts payable within one year | 42/48 | €411,600 | €418,878 | +€7,278 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €25,675 | €26,456 | +€781 | +3.0% |
| Trade debts | 44 | €8,059 | €25,157 | +€17,098 | +212.2% |
| Suppliers | 440/4 | €8,059 | €25,157 | +€17,098 | +212.2% |
| Taxes, remuneration and social security | 45 | €18,344 | €2,699 | -€15,645 | -85.3% |
| Taxes | 450/3 | €2,192 | €2,101 | -€91 | -4.2% |
| Remuneration and social security | 454/9 | €16,152 | €598 | -€15,554 | -96.3% |
| Other amounts payable | 47/48 | €359,521 | €364,566 | +€5,045 | +1.4% |
| Remuneration, social security and pensions | 62 | €58,615 | €21,163 | -€37,453 | -63.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,150 | €23,150 | = | 0.0% |
| Other operating charges | 640/8 | €7,776 | €8,491 | +€715 | +9.2% |
| Gross operating margin | 9900 | €113,383 | €87,469 | -€25,914 | -22.9% |
| Operating profit (loss) | 9901 | €23,841 | €34,665 | +€10,824 | +45.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €20,493 | €28,803 | +€8,310 | +40.6% |
| Recurring financial charges | 65 | €20,493 | €28,803 | +€8,310 | +40.6% |
| Profit (loss) for the period before taxes | 9903 | €3,348 | €5,861 | +€2,513 | +75.1% |
| Income taxes | 67/77 | €1,027 | €1,906 | +€880 | +85.6% |
| Profit (loss) for the period | 9904 | €2,321 | €3,955 | +€1,634 | +70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,321 | €3,955 | +€1,634 | +70.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.