ARZUM 55: what changed
ARZUM 55
Largest movements
- Tangible fixed assets +€8,460
up €8,460 (+313%), from €2,700 to €11,160
of which Furniture and vehicles: +€8,760
- Cash +€3,711
up €3,711 (+38.5%), from €9,639 to €13,350
mainly Other debts (+€12,139) and Depreciation (+€2,490)
- Stocks and contracts +€1,533
up €1,533 (+5.9%), from €26,176 to €27,709
- Other debts +€12,139
up €12,139 (+77.6%), from €15,638 to €27,777
- Tax, wage and social debts +€1,466
new in 2025: €1,466
of which Remuneration and social security: +€1,250
- Turnover -€40,842
down €40,842 (-25.7%), from €159,093 to €118,251
- Purchases and services -€40,249
down €40,249 (-25.9%), from €155,156 to €114,907
- Depreciation +€2,190
up €2,190 (+730%), from €300 to €2,490
- Financial charges -€1,748
down €1,748 (-92.3%), from €1,893 to €145
of which Financial charges: -€1,332
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,041 | €62,153 | +€14,112 | +29.4% |
| Fixed assets | 21/28 | €4,340 | €12,800 | +€8,460 | +195% |
| Tangible fixed assets | 22/27 | €2,700 | €11,160 | +€8,460 | +313% |
| Plant, machinery and equipment | 23 | €2,700 | €2,400 | -€300 | -11.1% |
| Furniture and vehicles | 24 | - | €8,760 | +€8,760 | |
| Financial fixed assets | 28 | €1,640 | €1,640 | = | 0.0% |
| Current assets | 29/58 | €43,701 | €49,353 | +€5,652 | +12.9% |
| Stocks and contracts in progress | 3 | €26,176 | €27,709 | +€1,533 | +5.9% |
| Stocks | 30/36 | €26,176 | €27,709 | +€1,533 | +5.9% |
| Amounts receivable within one year | 40/41 | €7,886 | €8,294 | +€408 | +5.2% |
| Other amounts receivable | 41 | €7,886 | €8,294 | +€408 | +5.2% |
| Cash at bank and in hand | 54/58 | €9,639 | €13,350 | +€3,711 | +38.5% |
| Total equity and liabilities | 10/49 | €48,041 | €62,153 | +€14,112 | +29.4% |
| Equity | 10/15 | €31,901 | €32,078 | +€176 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,441 | €11,618 | +€176 | +1.5% |
| Amounts payable | 17/49 | €16,140 | €30,075 | +€13,935 | +86.3% |
| Amounts payable within one year | 42/48 | €16,140 | €30,075 | +€13,935 | +86.3% |
| Trade debts | 44 | €501 | €832 | +€331 | +65.9% |
| Suppliers | 440/4 | €501 | €832 | +€331 | +65.9% |
| Taxes, remuneration and social security | 45 | - | €1,466 | +€1,466 | |
| Taxes | 450/3 | - | €216 | +€216 | |
| Remuneration and social security | 454/9 | - | €1,250 | +€1,250 | |
| Other amounts payable | 47/48 | €15,638 | €27,777 | +€12,139 | +77.6% |
| Turnover | 70 | €159,093 | €118,251 | -€40,842 | -25.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €155,156 | €114,907 | -€40,249 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €2,490 | +€2,190 | +730% |
| Other operating charges | 640/8 | €1,546 | €452 | -€1,094 | -70.7% |
| Gross operating margin | 9900 | €3,937 | €3,344 | -€593 | -15.1% |
| Operating profit (loss) | 9901 | €2,091 | €401 | -€1,689 | -80.8% |
| Financial income | 75/76B | €37 | - | -€37 | |
| Recurring financial income | 75 | €37 | - | -€37 | |
| Non-recurring financial income | 76B | €37 | - | -€37 | |
| Financial charges | 65/66B | €1,893 | €145 | -€1,748 | -92.3% |
| Recurring financial charges | 65 | €1,477 | €145 | -€1,332 | -90.2% |
| Non-recurring financial charges | 66B | €416 | - | -€416 | |
| Profit (loss) for the period before taxes | 9903 | €234 | €256 | +€22 | +9.4% |
| Income taxes | 67/77 | - | €80 | +€80 | |
| Profit (loss) for the period | 9904 | €234 | €176 | -€58 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €234 | €176 | -€58 | -24.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.