DR.ARMPIT: 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.
DR.ARMPIT
Largest movements
- Receivables within one year +€230,466
up €230,466 (+789.5%), from €29,190 to €259,656
of which Other amounts receivable: +€243,465
- Cash -€131,622
down €131,622 (-59.8%), from €220,235 to €88,614
mainly Receivables within one year (-€230,466) and Accrued charges and deferred income (-€119,694)
- Deferred charges and accrued income +€5,260
up €5,260 (+591.8%), from €889 to €6,149
- Trade debts +€165,712
up €165,712 (+517.2%), from €32,038 to €197,750
- Accrued charges and deferred income -€119,694
down €119,694 (-98.0%), from €122,174 to €2,480
- Other debts +€71,004
up €71,004 (+16798.6%), from €423 to €71,427
- Contributions -€71,000
down €71,000 (-87.7%), from €81,000 to €10,000
- Reserves +€60,688
up €60,688 (+397.7%), from €15,262 to €75,949
- Gross operating margin +€58,765
up €58,765 (+85.4%), from €68,841 to €127,607
- Taxes +€19,538
up €19,538 (+213.6%), from €9,145 to €28,683
- Staff costs +€4,579
up €4,579 (+15.6%), from €29,402 to €33,981
- Financial charges +€2,121
up €2,121 (+817.1%), from €260 to €2,380
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 | €252,944 | €357,932 | +€104,988 | +41.5% |
| Fixed assets | 21/28 | €2,630 | €3,513 | +€883 | +33.6% |
| Intangible fixed assets | 21 | €1,335 | €2,183 | +€848 | +63.5% |
| Tangible fixed assets | 22/27 | €1,295 | €1,330 | +€35 | +2.7% |
| Plant, machinery and equipment | 23 | €1,295 | €795 | -€500 | -38.6% |
| Furniture and vehicles | 24 | - | €535 | +€535 | |
| Current assets | 29/58 | €250,314 | €354,419 | +€104,105 | +41.6% |
| Amounts receivable within one year | 40/41 | €29,190 | €259,656 | +€230,466 | +789.5% |
| Trade receivables | 40 | €22,943 | €9,944 | -€12,999 | -56.7% |
| Other amounts receivable | 41 | €6,248 | €249,712 | +€243,465 | +3897.0% |
| Cash at bank and in hand | 54/58 | €220,235 | €88,614 | -€131,622 | -59.8% |
| Deferred charges and accrued income | 490/1 | €889 | €6,149 | +€5,260 | +591.8% |
| Total equity and liabilities | 10/49 | €252,944 | €357,932 | +€104,988 | +41.5% |
| Equity | 10/15 | €96,262 | €85,949 | -€10,312 | -10.7% |
| Contributions | 10/11 | €81,000 | €10,000 | -€71,000 | -87.7% |
| Reserves | 13 | €15,262 | €75,949 | +€60,688 | +397.7% |
| Distributable reserves | 133 | €15,262 | €75,949 | +€60,688 | +397.7% |
| Amounts payable | 17/49 | €156,683 | €271,983 | +€115,301 | +73.6% |
| Amounts payable within one year | 42/48 | €34,508 | €269,503 | +€234,995 | +681.0% |
| Trade debts | 44 | €32,038 | €197,750 | +€165,712 | +517.2% |
| Suppliers | 440/4 | €32,038 | €197,750 | +€165,712 | +517.2% |
| Advances received on contracts in progress | 46 | - | €83 | +€83 | |
| Taxes, remuneration and social security | 45 | €2,048 | €243 | -€1,805 | -88.1% |
| Taxes | 450/3 | €1,740 | €243 | -€1,497 | -86.0% |
| Remuneration and social security | 454/9 | €308 | - | -€308 | |
| Other amounts payable | 47/48 | €423 | €71,427 | +€71,004 | +16798.6% |
| Accrued charges and deferred income | 492/3 | €122,174 | €2,480 | -€119,694 | -98.0% |
| Remuneration, social security and pensions | 62 | €29,402 | €33,981 | +€4,579 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €260 | €862 | +€602 | +231.4% |
| Other operating charges | 640/8 | €881 | €1,204 | +€323 | +36.7% |
| Gross operating margin | 9900 | €68,841 | €127,607 | +€58,765 | +85.4% |
| Operating profit (loss) | 9901 | €38,299 | €91,560 | +€53,261 | +139.1% |
| Financial income | 75/76B | €132 | €191 | +€59 | +44.7% |
| Recurring financial income | 75 | €132 | €191 | +€59 | +44.7% |
| Financial charges | 65/66B | €260 | €2,380 | +€2,121 | +817.1% |
| Recurring financial charges | 65 | €260 | €2,380 | +€2,121 | +817.1% |
| Profit (loss) for the period before taxes | 9903 | €38,171 | €89,371 | +€51,200 | +134.1% |
| Income taxes | 67/77 | €9,145 | €28,683 | +€19,538 | +213.6% |
| Profit (loss) for the period | 9904 | €29,026 | €60,688 | +€31,662 | +109.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,026 | €60,688 | +€31,662 | +109.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.