EL ARABI: 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.
EL ARABI
Largest movements
- Receivables within one year -€2,971
down €2,971 (-92.4%), from €3,214 to €243
- Cash -€732
down €732 (-38.6%), from €1,897 to €1,165
mainly Other debts (-€13,733) and Accrued charges and deferred income (-€7,392)
- Tax, wage and social debts +€16,300
up €16,300 (+141%), from €11,577 to €27,877
of which Taxes: +€10,199
- Other debts -€13,733
no longer reported in 2023 (was €13,733)
- Accrued charges and deferred income -€7,392
no longer reported in 2023 (was €7,392)
- Profit (loss) carried forward +€1,025
up €1,025 (+2.5%), from -€41,161 to -€40,135
- Trade debts +€63
up €63 (+5.1%), from €1,240 to €1,303
- Purchases and services -€28,991
no longer reported in 2023 (was €28,991)
- Turnover -€27,207
no longer reported in 2023 (was €27,207)
- Gross operating margin +€2,978
up €2,978, from -€1,784 to €1,194
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,243 | €1,506 | -€3,737 | -71.3% |
| Fixed assets | 21/28 | €98 | €98 | = | 0.0% |
| Financial fixed assets | 28 | €98 | €98 | = | 0.0% |
| Current assets | 29/58 | €5,145 | €1,408 | -€3,737 | -72.6% |
| Amounts receivable within one year | 40/41 | €3,214 | €243 | -€2,971 | -92.4% |
| Other amounts receivable | 41 | €3,214 | €243 | -€2,971 | -92.4% |
| Cash at bank and in hand | 54/58 | €1,897 | €1,165 | -€732 | -38.6% |
| Deferred charges and accrued income | 490/1 | €35 | - | -€35 | |
| Total equity and liabilities | 10/49 | €5,243 | €1,506 | -€3,737 | -71.3% |
| Equity | 10/15 | -€28,699 | -€27,674 | +€1,025 | +3.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Contributions outside capital | 11 | - | €12,400 | +€12,400 | |
| Other | 1109/19 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €62 | €62 | = | 0.0% |
| Non-distributable reserves | 130/1 | €62 | - | -€62 | |
| Legal reserve | 130 | €62 | - | -€62 | |
| Distributable reserves | 133 | - | €62 | +€62 | |
| Profit (loss) carried forward | 14 | -€41,161 | -€40,135 | +€1,025 | +2.5% |
| Amounts payable | 17/49 | €33,942 | €29,180 | -€4,762 | -14.0% |
| Amounts payable within one year | 42/48 | €26,551 | €29,180 | +€2,629 | +9.9% |
| Trade debts | 44 | €1,240 | €1,303 | +€63 | +5.1% |
| Suppliers | 440/4 | €1,240 | €1,303 | +€63 | +5.1% |
| Taxes, remuneration and social security | 45 | €11,577 | €27,877 | +€16,300 | +141% |
| Taxes | 450/3 | €2,124 | €12,323 | +€10,199 | +480% |
| Remuneration and social security | 454/9 | €9,454 | €15,554 | +€6,101 | +64.5% |
| Other amounts payable | 47/48 | €13,733 | - | -€13,733 | |
| Accrued charges and deferred income | 492/3 | €7,392 | - | -€7,392 | |
| Turnover | 70 | €27,207 | - | -€27,207 | |
| Goods, raw materials, services and sundry goods | 60/61 | €28,991 | - | -€28,991 | |
| Gross operating margin | 9900 | -€1,784 | €1,194 | +€2,978 | |
| Operating profit (loss) | 9901 | -€1,784 | €1,194 | +€2,978 | |
| Financial income | 75/76B | €72 | - | -€72 | |
| Recurring financial income | 75 | €72 | - | -€72 | |
| Non-recurring financial income | 76B | €72 | - | -€72 | |
| Financial charges | 65/66B | €153 | €169 | +€15 | +10.1% |
| Recurring financial charges | 65 | €153 | €169 | +€15 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,865 | €1,025 | +€2,891 | |
| Profit (loss) for the period | 9904 | -€1,865 | €1,025 | +€2,891 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,865 | €1,025 | +€2,891 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.