Arc-Light: 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-Light
Largest movements
- Current investments -€80,000
down €80,000 (-100.0%), from €80,000 to €0
- Cash +€28,892
up €28,892 (+127.7%), from €22,625 to €51,517
mainly Net result for the year (+€88,341) and Current investments (+€80,000)
- Receivables after one year -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Tangible fixed assets -€15,780
down €15,780 (-72.4%), from €21,796 to €6,016
of which Furniture and vehicles: -€15,631
- Deferred charges and accrued income +€4,276
up €4,276 (+360.9%), from €1,185 to €5,461
- Profit (loss) carried forward -€139,659
down €139,659 (-98.6%), from €141,619 to €1,961
- Other debts +€64,081
up €64,081 (+2041.6%), from €3,139 to €67,220
- Tax, wage and social debts -€4,848
down €4,848 (-26.2%), from €18,495 to €13,648
- Gross operating margin +€50,448
up €50,448 (+66.1%), from €76,365 to €126,813
- Depreciation -€10,846
down €10,846 (-88.1%), from €12,307 to €1,461
- Taxes +€10,437
up €10,437 (+80.4%), from €12,987 to €23,424
- Financial charges +€1,841
up €1,841 (+538.7%), from €342 to €2,182
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 | €164,253 | €83,829 | -€80,425 | -49.0% |
| Fixed assets | 21/28 | €21,796 | €6,016 | -€15,780 | -72.4% |
| Tangible fixed assets | 22/27 | €21,796 | €6,016 | -€15,780 | -72.4% |
| Plant, machinery and equipment | 23 | €459 | €310 | -€148 | -32.4% |
| Furniture and vehicles | 24 | €21,337 | €5,706 | -€15,631 | -73.3% |
| Current assets | 29/58 | €142,458 | €77,813 | -€64,645 | -45.4% |
| Amounts receivable after more than one year | 29 | €20,000 | €0 | -€20,000 | -100.0% |
| Other amounts receivable | 291 | €20,000 | €0 | -€20,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €18,648 | €20,834 | +€2,186 | +11.7% |
| Trade receivables | 40 | €18,426 | €17,749 | -€676 | -3.7% |
| Other amounts receivable | 41 | €222 | €3,084 | +€2,863 | +1291.4% |
| Current investments | 50/53 | €80,000 | €0 | -€80,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €22,625 | €51,517 | +€28,892 | +127.7% |
| Deferred charges and accrued income | 490/1 | €1,185 | €5,461 | +€4,276 | +360.9% |
| Total equity and liabilities | 10/49 | €164,253 | €83,829 | -€80,425 | -49.0% |
| Equity | 10/15 | €142,619 | €2,961 | -€139,659 | -97.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,619 | €1,961 | -€139,659 | -98.6% |
| Amounts payable | 17/49 | €21,634 | €80,868 | +€59,234 | +273.8% |
| Amounts payable within one year | 42/48 | €21,634 | €80,868 | +€59,234 | +273.8% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €18,495 | €13,648 | -€4,848 | -26.2% |
| Taxes | 450/3 | €18,495 | €13,648 | -€4,848 | -26.2% |
| Other amounts payable | 47/48 | €3,139 | €67,220 | +€64,081 | +2041.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,307 | €1,461 | -€10,846 | -88.1% |
| Other operating charges | 640/8 | €1,412 | €845 | -€567 | -40.1% |
| Non-recurring operating charges | 66A | - | €11,855 | +€11,855 | |
| Gross operating margin | 9900 | €76,365 | €126,813 | +€50,448 | +66.1% |
| Operating profit (loss) | 9901 | €62,646 | €112,652 | +€50,005 | +79.8% |
| Financial income | 75/76B | €1,745 | €1,295 | -€450 | -25.8% |
| Recurring financial income | 75 | €1,745 | €1,295 | -€450 | -25.8% |
| Financial charges | 65/66B | €342 | €2,182 | +€1,841 | +538.7% |
| Recurring financial charges | 65 | €342 | €2,182 | +€1,841 | +538.7% |
| Profit (loss) for the period before taxes | 9903 | €64,050 | €111,765 | +€47,715 | +74.5% |
| Income taxes | 67/77 | €12,987 | €23,424 | +€10,437 | +80.4% |
| Profit (loss) for the period | 9904 | €51,063 | €88,341 | +€37,278 | +73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,063 | €88,341 | +€37,278 | +73.0% |
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.