Pro-Arbo: 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.
Pro-Arbo
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€212,312
down €212,312 (-97.3%), from €218,162 to €5,850
of which Financial debts: -€212,312
- Reserves +€113,593
up €113,593 (+12.4%), from €917,869 to €1.0m
of which Distributable reserves: +€113,593
- Current portion of long-term debt +€111,124
new in 2025: €111,124
- Other debts -€55,228
down €55,228 (-67.1%), from €82,326 to €27,098
- Tax, wage and social debts +€43,881
up €43,881 (+107%), from €41,132 to €85,012
of which Taxes: +€50,360
- Gross operating margin -€166,804
down €166,804 (-37.6%), from €443,744 to €276,940
- Purchases and services +€132,364
up €132,364 (+28.8%), from €459,245 to €591,609
- Staff costs -€54,553
down €54,553 (-49.8%), from €109,526 to €54,973
- Taxes -€38,818
down €38,818 (-45.6%), from €85,162 to €46,343
- Turnover -€30,409
down €30,409 (-3.5%), from €863,924 to €833,516
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 | €1,638,353 | €1,617,899 | -€20,453 | -1.2% |
| Fixed assets | 21/28 | €864,296 | €854,313 | -€9,983 | -1.2% |
| Tangible fixed assets | 22/27 | €859,507 | €849,524 | -€9,983 | -1.2% |
| Land and buildings | 22 | €824,855 | €787,616 | -€37,239 | -4.5% |
| Plant, machinery and equipment | 23 | €25,438 | €24,733 | -€705 | -2.8% |
| Furniture and vehicles | 24 | €9,215 | €37,175 | +€27,961 | +303% |
| Financial fixed assets | 28 | €4,789 | €4,789 | = | 0.0% |
| Current assets | 29/58 | €774,056 | €763,586 | -€10,470 | -1.4% |
| Amounts receivable within one year | 40/41 | €94,759 | €98,447 | +€3,688 | +3.9% |
| Trade receivables | 40 | €89,608 | €81,784 | -€7,824 | -8.7% |
| Other amounts receivable | 41 | €5,151 | €16,663 | +€11,513 | +224% |
| Cash at bank and in hand | 54/58 | €667,058 | €655,518 | -€11,540 | -1.7% |
| Deferred charges and accrued income | 490/1 | €12,239 | €9,620 | -€2,619 | -21.4% |
| Total equity and liabilities | 10/49 | €1,638,353 | €1,617,899 | -€20,453 | -1.2% |
| Equity | 10/15 | €1,259,620 | €1,372,021 | +€112,401 | +8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €917,869 | €1,031,462 | +€113,593 | +12.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €916,009 | €1,029,602 | +€113,593 | +12.4% |
| Profit (loss) carried forward | 14 | €321,959 | €321,959 | = | 0.0% |
| Investment grants | 15 | €1,191 | - | -€1,191 | |
| Amounts payable | 17/49 | €378,733 | €245,878 | -€132,855 | -35.1% |
| Amounts payable after more than one year | 17 | €218,162 | €5,850 | -€212,312 | -97.3% |
| Financial debts | 170/4 | €212,312 | - | -€212,312 | |
| Other amounts payable | 178/9 | €5,850 | €5,850 | = | 0.0% |
| Amounts payable within one year | 42/48 | €158,581 | €238,099 | +€79,519 | +50.1% |
| Current portion of amounts payable after more than one year | 42 | - | €111,124 | +€111,124 | |
| Financial debts | 43 | €6 | - | -€6 | |
| Credit institutions | 430/8 | €6 | - | -€6 | |
| Trade debts | 44 | €35,117 | €14,865 | -€20,252 | -57.7% |
| Suppliers | 440/4 | €35,117 | €14,865 | -€20,252 | -57.7% |
| Taxes, remuneration and social security | 45 | €41,132 | €85,012 | +€43,881 | +107% |
| Taxes | 450/3 | €34,653 | €85,012 | +€50,360 | +145% |
| Remuneration and social security | 454/9 | €6,479 | - | -€6,479 | |
| Other amounts payable | 47/48 | €82,326 | €27,098 | -€55,228 | -67.1% |
| Accrued charges and deferred income | 492/3 | €1,990 | €1,928 | -€62 | -3.1% |
| Turnover | 70 | €863,924 | €833,516 | -€30,409 | -3.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €459,245 | €591,609 | +€132,364 | +28.8% |
| Remuneration, social security and pensions | 62 | €109,526 | €54,973 | -€54,553 | -49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,155 | €58,733 | +€6,578 | +12.6% |
| Other operating charges | 640/8 | €4,462 | €3,485 | -€978 | -21.9% |
| Gross operating margin | 9900 | €443,744 | €276,940 | -€166,804 | -37.6% |
| Operating profit (loss) | 9901 | €277,600 | €159,749 | -€117,852 | -42.5% |
| Financial income | 75/76B | €5,248 | €2,715 | -€2,533 | -48.3% |
| Recurring financial income | 75 | €3,358 | €2,715 | -€643 | -19.1% |
| Non-recurring financial income | 76B | €1,890 | - | -€1,890 | |
| Financial charges | 65/66B | €3,597 | €2,528 | -€1,069 | -29.7% |
| Recurring financial charges | 65 | €3,282 | €2,528 | -€754 | -23.0% |
| Non-recurring financial charges | 66B | €315 | - | -€315 | |
| Profit (loss) for the period before taxes | 9903 | €279,252 | €159,936 | -€119,316 | -42.7% |
| Income taxes | 67/77 | €85,162 | €46,343 | -€38,818 | -45.6% |
| Profit (loss) for the period | 9904 | €194,090 | €113,593 | -€80,497 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €194,090 | €113,593 | -€80,497 | -41.5% |
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 24 October 2026 via checked.be.