ARBORIS: 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.
ARBORIS
Largest movements
- Receivables within one year +€15,085
up €15,085 (+177%), from €8,506 to €23,592
of which Other amounts receivable: +€20,643
- Cash -€10,367
down €10,367 (-52.9%), from €19,599 to €9,232
mainly Receivables within one year (-€15,085) and Investment in fixed assets (net) (-€4,012)
- Tangible fixed assets +€2,999
new in 2023: €2,999
- Stocks and contracts -€1,794
down €1,794 (-31.9%), from €5,622 to €3,828
- Trade debts +€11,848
up €11,848 (+398%), from €2,975 to €14,823
- Profit (loss) carried forward -€2,999
down €2,999 (-13.5%), from €22,229 to €19,230
- Other debts -€2,214
no longer reported in 2023 (was €2,214)
- Tax, wage and social debts -€711
down €711 (-60.5%), from €1,176 to €465
- Gross operating margin -€1,739
down €1,739 (-70.4%), from €2,472 to €732
- Depreciation +€761
up €761 (+302%), from €252 to €1,012
- Taxes -€452
down €452, from €400 to -€52
- Other operating charges -€405
down €405 (-100.0%), from €405 to €0
- Financial charges +€267
up €267 (+614%), from €43 to €310
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 | €41,427 | €47,351 | +€5,924 | +14.3% |
| Fixed assets | 21/28 | - | €2,999 | +€2,999 | |
| Tangible fixed assets | 22/27 | - | €2,999 | +€2,999 | |
| Plant, machinery and equipment | 23 | - | €2,999 | +€2,999 | |
| Current assets | 29/58 | €41,427 | €44,352 | +€2,925 | +7.1% |
| Stocks and contracts in progress | 3 | €5,622 | €3,828 | -€1,794 | -31.9% |
| Stocks | 30/36 | €5,622 | €3,828 | -€1,794 | -31.9% |
| Amounts receivable within one year | 40/41 | €8,506 | €23,592 | +€15,085 | +177% |
| Trade receivables | 40 | €8,506 | €2,948 | -€5,558 | -65.3% |
| Other amounts receivable | 41 | - | €20,643 | +€20,643 | |
| Current investments | 50/53 | €7,700 | €7,700 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,599 | €9,232 | -€10,367 | -52.9% |
| Total equity and liabilities | 10/49 | €41,427 | €47,351 | +€5,924 | +14.3% |
| Equity | 10/15 | €35,062 | €32,064 | -€2,999 | -8.6% |
| Contributions | 10/11 | €10,974 | €10,974 | = | 0.0% |
| Capital | 10 | €10,974 | €10,974 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €7,626 | €7,626 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,229 | €19,230 | -€2,999 | -13.5% |
| Amounts payable | 17/49 | €6,365 | €15,287 | +€8,923 | +140% |
| Amounts payable within one year | 42/48 | €6,365 | €15,287 | +€8,923 | +140% |
| Trade debts | 44 | €2,975 | €14,823 | +€11,848 | +398% |
| Suppliers | 440/4 | €2,975 | €14,823 | +€11,848 | +398% |
| Taxes, remuneration and social security | 45 | €1,176 | €465 | -€711 | -60.5% |
| Taxes | 450/3 | €1,176 | €465 | -€711 | -60.5% |
| Other amounts payable | 47/48 | €2,214 | - | -€2,214 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €252 | €1,012 | +€761 | +302% |
| Other operating charges | 640/8 | €405 | €0 | -€405 | -100.0% |
| Non-recurring operating charges | 66A | - | €2,460 | +€2,460 | |
| Gross operating margin | 9900 | €2,472 | €732 | -€1,739 | -70.4% |
| Operating profit (loss) | 9901 | €1,814 | -€2,740 | -€4,554 | |
| Financial charges | 65/66B | €43 | €310 | +€267 | +614% |
| Recurring financial charges | 65 | €43 | €310 | +€267 | +614% |
| Profit (loss) for the period before taxes | 9903 | €1,771 | -€3,050 | -€4,821 | |
| Income taxes | 67/77 | €400 | -€52 | -€452 | |
| Profit (loss) for the period | 9904 | €1,371 | -€2,999 | -€4,370 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,371 | -€2,999 | -€4,370 |
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 18 October 2026 via checked.be.