F3 Armira: 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.
F3 Armira
Largest movements
- Financial fixed assets -€1.7m
down €1.7m (-10.3%), from €16.0m to €14.4m
- Contributions -€5.0m
down €5.0m (-29.8%), from €16.9m to €11.9m
- Reserves +€2.5m
new in 2025: €2.5m
- Profit (loss) carried forward +€885,335
up €885,335, from -€885,335 to €0
- Financial income +€3.9m
new in 2025: €3.9m
- Gross operating margin -€144,712
down €144,712 (-47.3%), from -€305,982 to -€450,694
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 | €16,048,041 | €14,436,277 | -€1.6m | -10.0% |
| Fixed assets | 21/28 | €16,046,696 | €14,391,042 | -€1.7m | -10.3% |
| Financial fixed assets | 28 | €16,046,696 | €14,391,042 | -€1.7m | -10.3% |
| Current assets | 29/58 | €1,345 | €45,235 | +€43,890 | +3,264% |
| Cash at bank and in hand | 54/58 | €1,345 | €45,235 | +€43,890 | +3,264% |
| Total equity and liabilities | 10/49 | €16,048,041 | €14,436,277 | -€1.6m | -10.0% |
| Equity | 10/15 | €16,048,041 | €14,436,041 | -€1.6m | -10.0% |
| Contributions | 10/11 | €16,933,376 | €11,895,376 | -€5.0m | -29.8% |
| Reserves | 13 | - | €2,540,665 | +€2.5m | |
| Distributable reserves | 133 | - | €2,540,665 | +€2.5m | |
| Profit (loss) carried forward | 14 | -€885,335 | €0 | +€885,335 | |
| Amounts payable | 17/49 | - | €236 | +€236 | |
| Amounts payable within one year | 42/48 | - | €236 | +€236 | |
| Trade debts | 44 | - | €236 | +€236 | |
| Suppliers | 440/4 | - | €236 | +€236 | |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | -€305,982 | -€450,694 | -€144,712 | -47.3% |
| Operating profit (loss) | 9901 | -€307,067 | -€451,812 | -€144,745 | -47.1% |
| Financial income | 75/76B | - | €3,877,858 | +€3.9m | |
| Recurring financial income | 75 | - | €3,877,858 | +€3.9m | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€307,111 | €3,426,000 | +€3.7m | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€307,111 | €3,426,000 | +€3.7m | |
| Profit (loss) for the period to be appropriated | 9905 | -€307,111 | €3,426,000 | +€3.7m |
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 18 October 2026 via checked.be.