ARC CARRELAGE: 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.
ARC CARRELAGE
Largest movements
- Tangible fixed assets +€28,170
up €28,170 (+508%), from €5,548 to €33,718
of which Leasing and similar rights: +€22,893
- Receivables within one year +€8,223
up €8,223 (+60.6%), from €13,568 to €21,791
of which Trade receivables: +€7,564
- Cash -€4,603
down €4,603 (-8.8%), from €52,567 to €47,964
mainly Investment in fixed assets (net) (-€36,439) and Receivables within one year (-€8,223)
- Deferred charges and accrued income -€3,996
down €3,996 (-33.6%), from €11,875 to €7,880
- Intangible fixed assets +€2,361
new in 2025: €2,361
- Debts after one year +€24,338
new in 2025: €24,338
- Current portion of long-term debt +€5,513
new in 2025: €5,513
- Other debts +€3,680
up €3,680 (+17.0%), from €21,700 to €25,380
- Tax, wage and social debts -€1,576
down €1,576 (-8.7%), from €18,109 to €16,533
of which Taxes: -€5,060
- Staff costs +€26,870
up €26,870 (+1,005%), from €2,675 to €29,545
- Gross operating margin +€18,099
up €18,099 (+91.0%), from €19,885 to €37,984
- Other operating charges -€2,358
down €2,358 (-66.0%), from €3,572 to €1,214
- Taxes -€1,594
down €1,594 (-87.3%), from €1,827 to €233
- Financial charges +€584
up €584 (+181%), from €323 to €907
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 | €83,558 | €115,714 | +€32,156 | +38.5% |
| Fixed assets | 21/28 | €5,548 | €36,079 | +€30,531 | +550% |
| Intangible fixed assets | 21 | - | €2,361 | +€2,361 | |
| Tangible fixed assets | 22/27 | €5,548 | €33,718 | +€28,170 | +508% |
| Plant, machinery and equipment | 23 | €2,590 | €1,590 | -€1,000 | -38.6% |
| Furniture and vehicles | 24 | €2,958 | €9,235 | +€6,277 | +212% |
| Leasing and similar rights | 25 | - | €22,893 | +€22,893 | |
| Current assets | 29/58 | €78,010 | €79,635 | +€1,624 | +2.1% |
| Stocks and contracts in progress | 3 | €0 | €2,000 | +€2,000 | |
| Stocks | 30/36 | €0 | €2,000 | +€2,000 | |
| Amounts receivable within one year | 40/41 | €13,568 | €21,791 | +€8,223 | +60.6% |
| Trade receivables | 40 | €11,009 | €18,574 | +€7,564 | +68.7% |
| Other amounts receivable | 41 | €2,559 | €3,218 | +€659 | +25.7% |
| Cash at bank and in hand | 54/58 | €52,567 | €47,964 | -€4,603 | -8.8% |
| Deferred charges and accrued income | 490/1 | €11,875 | €7,880 | -€3,996 | -33.6% |
| Total equity and liabilities | 10/49 | €83,558 | €115,714 | +€32,156 | +38.5% |
| Equity | 10/15 | €40,740 | €41,085 | +€345 | +0.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,740 | €39,085 | +€345 | +0.9% |
| Amounts payable | 17/49 | €42,818 | €74,629 | +€31,810 | +74.3% |
| Amounts payable after more than one year | 17 | - | €24,338 | +€24,338 | |
| Financial debts | 170/4 | - | €24,338 | +€24,338 | |
| Amounts payable within one year | 42/48 | €42,818 | €50,290 | +€7,472 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | - | €5,513 | +€5,513 | |
| Trade debts | 44 | €3,009 | €2,864 | -€146 | -4.8% |
| Suppliers | 440/4 | €3,009 | €2,864 | -€146 | -4.8% |
| Taxes, remuneration and social security | 45 | €18,109 | €16,533 | -€1,576 | -8.7% |
| Taxes | 450/3 | €16,831 | €11,772 | -€5,060 | -30.1% |
| Remuneration and social security | 454/9 | €1,278 | €4,762 | +€3,484 | +273% |
| Other amounts payable | 47/48 | €21,700 | €25,380 | +€3,680 | +17.0% |
| Remuneration, social security and pensions | 62 | €2,675 | €29,545 | +€26,870 | +1,005% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,400 | €5,907 | +€507 | +9.4% |
| Other operating charges | 640/8 | €3,572 | €1,214 | -€2,358 | -66.0% |
| Gross operating margin | 9900 | €19,885 | €37,984 | +€18,099 | +91.0% |
| Operating profit (loss) | 9901 | €8,239 | €1,318 | -€6,920 | -84.0% |
| Financial income | 75/76B | - | €167 | +€167 | |
| Recurring financial income | 75 | - | €167 | +€167 | |
| Financial charges | 65/66B | €323 | €907 | +€584 | +181% |
| Recurring financial charges | 65 | €323 | €907 | +€584 | +181% |
| Profit (loss) for the period before taxes | 9903 | €7,916 | €578 | -€7,337 | -92.7% |
| Income taxes | 67/77 | €1,827 | €233 | -€1,594 | -87.3% |
| Profit (loss) for the period | 9904 | €6,088 | €345 | -€5,743 | -94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,088 | €345 | -€5,743 | -94.3% |
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 30 October 2026 via checked.be.