ARC-IP: what changed
Two fiscal 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-IP
Largest movements
- Receivables within one year +€292,865
up €292,865 (+105.2%), from €278,297 to €571,162
of which Trade receivables: +€292,865
- Cash +€32,946
up €32,946 (+4.5%), from €729,847 to €762,793
mainly Net result for the year (+€254,801) and Other debts (+€110,467)
- Other debts +€110,467
up €110,467 (+109.4%), from €101,000 to €211,467
- Accrued charges and deferred income +€99,928
up €99,928 (+45832.4%), from €218 to €100,146
- Reserves +€43,334
up €43,334 (+5.5%), from €789,741 to €833,075
of which Distributable reserves: +€43,334
- Trade debts +€35,412
up €35,412 (+42.4%), from €83,565 to €118,976
- Tax, wage and social debts +€27,216
up €27,216 (+44.1%), from €61,657 to €88,873
of which Taxes: +€25,399
- Gross operating margin +€97,205
up €97,205 (+15.7%), from €621,099 to €718,303
- Taxes +€19,630
up €19,630 (+25.4%), from €77,425 to €97,055
- Staff costs +€18,150
up €18,150 (+5.2%), from €345,728 to €363,878
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 | €1,056,181 | €1,372,538 | +€316,357 | +30.0% |
| Fixed assets | 21/28 | €12,639 | €12,022 | -€617 | -4.9% |
| Tangible fixed assets | 22/27 | €1,055 | €462 | -€593 | -56.2% |
| Furniture and vehicles | 24 | €1,055 | €462 | -€593 | -56.2% |
| Financial fixed assets | 28 | €11,584 | €11,560 | -€24 | -0.2% |
| Current assets | 29/58 | €1,043,542 | €1,360,516 | +€316,974 | +30.4% |
| Amounts receivable within one year | 40/41 | €278,297 | €571,162 | +€292,865 | +105.2% |
| Trade receivables | 40 | €263,902 | €556,767 | +€292,865 | +111.0% |
| Other amounts receivable | 41 | €14,395 | €14,395 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €729,847 | €762,793 | +€32,946 | +4.5% |
| Deferred charges and accrued income | 490/1 | €35,398 | €26,561 | -€8,837 | -25.0% |
| Total equity and liabilities | 10/49 | €1,056,181 | €1,372,538 | +€316,357 | +30.0% |
| Equity | 10/15 | €809,741 | €853,075 | +€43,334 | +5.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €789,741 | €833,075 | +€43,334 | +5.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €787,741 | €831,075 | +€43,334 | +5.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €246,440 | €519,463 | +€273,023 | +110.8% |
| Amounts payable within one year | 42/48 | €246,222 | €419,316 | +€173,094 | +70.3% |
| Trade debts | 44 | €83,565 | €118,976 | +€35,412 | +42.4% |
| Suppliers | 440/4 | €83,565 | €118,976 | +€35,412 | +42.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €61,657 | €88,873 | +€27,216 | +44.1% |
| Taxes | 450/3 | €25,299 | €50,698 | +€25,399 | +100.4% |
| Remuneration and social security | 454/9 | €36,358 | €38,175 | +€1,817 | +5.0% |
| Other amounts payable | 47/48 | €101,000 | €211,467 | +€110,467 | +109.4% |
| Accrued charges and deferred income | 492/3 | €218 | €100,146 | +€99,928 | +45832.4% |
| Remuneration, social security and pensions | 62 | €345,728 | €363,878 | +€18,150 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €593 | €593 | = | 0.0% |
| Other operating charges | 640/8 | €1,543 | €1,434 | -€108 | -7.0% |
| Gross operating margin | 9900 | €621,099 | €718,303 | +€97,205 | +15.7% |
| Operating profit (loss) | 9901 | €273,235 | €352,398 | +€79,163 | +29.0% |
| Financial income | 75/76B | €2,882 | €4,289 | +€1,407 | +48.8% |
| Recurring financial income | 75 | €2,882 | €4,289 | +€1,407 | +48.8% |
| Financial charges | 65/66B | €4,635 | €4,830 | +€195 | +4.2% |
| Recurring financial charges | 65 | €4,635 | €4,830 | +€195 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €271,482 | €351,856 | +€80,374 | +29.6% |
| Income taxes | 67/77 | €77,425 | €97,055 | +€19,630 | +25.4% |
| Profit (loss) for the period | 9904 | €194,057 | €254,801 | +€60,745 | +31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €194,057 | €254,801 | +€60,745 | +31.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.