ARBAFid: 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.
ARBAFid
Largest movements
- Cash -€88,929
down €88,929 (-71.0%), from €125,210 to €36,281
mainly Other debts (-€90,175) and Contributions, distributions and other (-€40,000)
- Tangible fixed assets -€14,054
down €14,054 (-22.8%), from €61,762 to €47,708
of which Furniture and vehicles: -€13,886
- Deferred charges and accrued income +€2,368
up €2,368 (+6935.0%), from €34 to €2,402
- Other debts -€90,175
down €90,175 (-97.4%), from €92,601 to €2,426
- Tax, wage and social debts -€6,063
down €6,063 (-72.5%), from €8,357 to €2,294
- Profit (loss) carried forward -€3,027
down €3,027 (-6.8%), from €44,195 to €41,168
- Turnover -€219,962
no longer reported in 2025 (was €219,962)
- Purchases and services -€137,528
no longer reported in 2025 (was €137,528)
- Gross operating margin -€40,120
down €40,120 (-38.4%), from €104,482 to €64,363
- Taxes -€10,000
down €10,000 (-50.0%), from €20,000 to €10,000
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 | €196,029 | €96,704 | -€99,325 | -50.7% |
| Formation expenses | 20 | €35 | €0 | -€35 | -100.0% |
| Fixed assets | 21/28 | €61,762 | €47,708 | -€14,054 | -22.8% |
| Tangible fixed assets | 22/27 | €61,762 | €47,708 | -€14,054 | -22.8% |
| Plant, machinery and equipment | 23 | €1,963 | €1,795 | -€168 | -8.6% |
| Furniture and vehicles | 24 | €59,799 | €45,913 | -€13,886 | -23.2% |
| Current assets | 29/58 | €134,231 | €48,996 | -€85,236 | -63.5% |
| Amounts receivable within one year | 40/41 | €8,987 | €10,313 | +€1,326 | +14.8% |
| Trade receivables | 40 | €2,972 | €10,313 | +€7,341 | +247.0% |
| Other amounts receivable | 41 | €6,015 | €0 | -€6,015 | -100.0% |
| Cash at bank and in hand | 54/58 | €125,210 | €36,281 | -€88,929 | -71.0% |
| Deferred charges and accrued income | 490/1 | €34 | €2,402 | +€2,368 | +6935.0% |
| Total equity and liabilities | 10/49 | €196,029 | €96,704 | -€99,325 | -50.7% |
| Equity | 10/15 | €94,195 | €91,168 | -€3,027 | -3.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,195 | €41,168 | -€3,027 | -6.8% |
| Amounts payable | 17/49 | €101,834 | €5,536 | -€96,298 | -94.6% |
| Amounts payable within one year | 42/48 | €101,834 | €5,536 | -€96,298 | -94.6% |
| Trade debts | 44 | €876 | €816 | -€61 | -6.9% |
| Suppliers | 440/4 | €876 | €816 | -€61 | -6.9% |
| Taxes, remuneration and social security | 45 | €8,357 | €2,294 | -€6,063 | -72.5% |
| Taxes | 450/3 | €8,357 | €2,294 | -€6,063 | -72.5% |
| Other amounts payable | 47/48 | €92,601 | €2,426 | -€90,175 | -97.4% |
| Turnover | 70 | €219,962 | - | -€219,962 | |
| Non-recurring operating income | 76A | €8,166 | €0 | -€8,166 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €137,528 | - | -€137,528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,721 | €15,150 | +€429 | +2.9% |
| Other operating charges | 640/8 | €3,875 | €1,734 | -€2,141 | -55.3% |
| Gross operating margin | 9900 | €104,482 | €64,363 | -€40,120 | -38.4% |
| Operating profit (loss) | 9901 | €85,886 | €47,479 | -€38,407 | -44.7% |
| Financial income | 75/76B | €1,048 | €2 | -€1,046 | -99.8% |
| Recurring financial income | 75 | €1,048 | €2 | -€1,046 | -99.8% |
| Financial charges | 65/66B | €122 | €509 | +€387 | +317.3% |
| Recurring financial charges | 65 | €122 | €187 | +€65 | +53.7% |
| Non-recurring financial charges | 66B | - | €321 | +€321 | |
| Profit (loss) for the period before taxes | 9903 | €86,812 | €46,973 | -€39,840 | -45.9% |
| Income taxes | 67/77 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Profit (loss) for the period | 9904 | €66,812 | €36,973 | -€29,840 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €66,812 | €36,973 | -€29,840 | -44.7% |
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 12 October 2026 via checked.be.