A.R.T.E. ARCH.: 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.
A.R.T.E. ARCH.
Largest movements
- Receivables within one year +€16,690
up €16,690 (+50.5%), from €33,059 to €49,749
of which Trade receivables: +€9,277
- Tax, wage and social debts +€20,708
up €20,708 (+125%), from €16,523 to €37,231
- Other debts -€17,812
down €17,812 (-68.0%), from €26,195 to €8,383
- Reserves +€17,315
up €17,315 (+58.0%), from €29,861 to €47,176
of which Distributable reserves: +€17,315
- Trade debts -€2,400
down €2,400 (-39.8%), from €6,028 to €3,628
- Short-term financial debts -€1,333
down €1,333 (-26.9%), from €4,950 to €3,618
- Taxes +€5,769
up €5,769 (+117%), from €4,913 to €10,682
- Other operating charges +€4,711
new in 2024: €4,711
- Financial charges +€1,832
up €1,832 (+183%), from €1,002 to €2,833
- Depreciation -€1,023
down €1,023 (-82.9%), from €1,234 to €211
- Gross operating margin -€466
down €466 (-1.3%), from €36,219 to €35,753
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,535 | €51,014 | +€16,479 | +47.7% |
| Fixed assets | 21/28 | €1,476 | €1,265 | -€211 | -14.3% |
| Tangible fixed assets | 22/27 | €1,476 | €1,265 | -€211 | -14.3% |
| Other tangible fixed assets | 26 | €1,476 | €1,265 | -€211 | -14.3% |
| Current assets | 29/58 | €33,059 | €49,749 | +€16,690 | +50.5% |
| Amounts receivable within one year | 40/41 | €33,059 | €49,749 | +€16,690 | +50.5% |
| Trade receivables | 40 | €18,862 | €28,139 | +€9,277 | +49.2% |
| Other amounts receivable | 41 | €14,197 | €21,610 | +€7,413 | +52.2% |
| Total equity and liabilities | 10/49 | €34,535 | €51,014 | +€16,479 | +47.7% |
| Equity | 10/15 | -€19,161 | -€1,846 | +€17,315 | +90.4% |
| Contributions | 10/11 | €14,900 | €14,900 | = | 0.0% |
| Reserves | 13 | €29,861 | €47,176 | +€17,315 | +58.0% |
| Non-distributable reserves | 130/1 | €790 | €790 | = | 0.0% |
| Reserves not available under the articles | 1311 | €790 | €790 | = | 0.0% |
| Distributable reserves | 133 | €29,071 | €46,386 | +€17,315 | +59.6% |
| Profit (loss) carried forward | 14 | -€63,922 | -€63,922 | = | 0.0% |
| Amounts payable | 17/49 | €53,696 | €52,860 | -€836 | -1.6% |
| Amounts payable within one year | 42/48 | €53,696 | €52,860 | -€836 | -1.6% |
| Financial debts | 43 | €4,950 | €3,618 | -€1,333 | -26.9% |
| Credit institutions | 430/8 | €4,950 | €3,618 | -€1,333 | -26.9% |
| Trade debts | 44 | €6,028 | €3,628 | -€2,400 | -39.8% |
| Suppliers | 440/4 | €6,028 | €3,628 | -€2,400 | -39.8% |
| Taxes, remuneration and social security | 45 | €16,523 | €37,231 | +€20,708 | +125% |
| Taxes | 450/3 | €16,523 | €37,231 | +€20,708 | +125% |
| Other amounts payable | 47/48 | €26,195 | €8,383 | -€17,812 | -68.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,234 | €211 | -€1,023 | -82.9% |
| Other operating charges | 640/8 | - | €4,711 | +€4,711 | |
| Gross operating margin | 9900 | €36,219 | €35,753 | -€466 | -1.3% |
| Operating profit (loss) | 9901 | €34,985 | €30,831 | -€4,155 | -11.9% |
| Financial charges | 65/66B | €1,002 | €2,833 | +€1,832 | +183% |
| Recurring financial charges | 65 | €1,002 | €2,833 | +€1,832 | +183% |
| Profit (loss) for the period before taxes | 9903 | €33,984 | €27,997 | -€5,987 | -17.6% |
| Income taxes | 67/77 | €4,913 | €10,682 | +€5,769 | +117% |
| Profit (loss) for the period | 9904 | €29,071 | €17,315 | -€11,756 | -40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,071 | €17,315 | -€11,756 | -40.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.