ARC TRANSITION: 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 TRANSITION
Largest movements
- Tangible fixed assets +€15,242
up €15,242 (+732.9%), from €2,080 to €17,322
- Cash -€2,596
down €2,596 (-25.4%), from €10,202 to €7,606
mainly Investment in fixed assets (net) (-€18,745) and Net result for the year (-€5,912)
- Deferred charges and accrued income +€557
up €557 (+226.1%), from €246 to €803
- Other debts +€14,911
up €14,911 (+151.1%), from €9,865 to €24,776
- Profit (loss) carried forward -€5,912
down €5,912, from €86 to -€5,826
- Trade debts +€3,865
up €3,865 (+1451.9%), from €266 to €4,131
- Depreciation +€3,501
up €3,501 (+1524.6%), from €230 to €3,730
- Gross operating margin -€2,141
down €2,141, from €441 to -€1,701
- Financial charges +€151
up €151 (+355.1%), from €43 to €194
- Other operating charges +€139
up €139 (+277.8%), from €50 to €189
- Taxes +€66
up €66 (+205.3%), from €32 to €98
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 | €17,512 | €30,304 | +€12,792 | +73.0% |
| Formation expenses | 20 | €984 | €756 | -€227 | -23.1% |
| Fixed assets | 21/28 | €2,080 | €17,322 | +€15,242 | +732.9% |
| Tangible fixed assets | 22/27 | €2,080 | €17,322 | +€15,242 | +732.9% |
| Furniture and vehicles | 24 | €2,080 | €17,322 | +€15,242 | +732.9% |
| Current assets | 29/58 | €14,449 | €12,226 | -€2,222 | -15.4% |
| Amounts receivable within one year | 40/41 | €4,000 | €3,817 | -€183 | -4.6% |
| Trade receivables | 40 | €4,000 | €3,817 | -€183 | -4.6% |
| Cash at bank and in hand | 54/58 | €10,202 | €7,606 | -€2,596 | -25.4% |
| Deferred charges and accrued income | 490/1 | €246 | €803 | +€557 | +226.1% |
| Total equity and liabilities | 10/49 | €17,512 | €30,304 | +€12,792 | +73.0% |
| Equity | 10/15 | €2,086 | -€3,826 | -€5,912 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86 | -€5,826 | -€5,912 | |
| Amounts payable | 17/49 | €15,426 | €34,130 | +€18,704 | +121.3% |
| Amounts payable within one year | 42/48 | €15,426 | €34,130 | +€18,704 | +121.3% |
| Trade debts | 44 | €266 | €4,131 | +€3,865 | +1451.9% |
| Suppliers | 440/4 | €266 | €4,131 | +€3,865 | +1451.9% |
| Taxes, remuneration and social security | 45 | €5,295 | €5,224 | -€71 | -1.3% |
| Taxes | 450/3 | €5,295 | €5,224 | -€71 | -1.3% |
| Other amounts payable | 47/48 | €9,865 | €24,776 | +€14,911 | +151.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230 | €3,730 | +€3,501 | +1524.6% |
| Other operating charges | 640/8 | €50 | €189 | +€139 | +277.8% |
| Gross operating margin | 9900 | €441 | -€1,701 | -€2,141 | |
| Operating profit (loss) | 9901 | €161 | -€5,620 | -€5,781 | |
| Financial charges | 65/66B | €43 | €194 | +€151 | +355.1% |
| Recurring financial charges | 65 | €43 | €194 | +€151 | +355.1% |
| Profit (loss) for the period before taxes | 9903 | €118 | -€5,814 | -€5,932 | |
| Income taxes | 67/77 | €32 | €98 | +€66 | +205.3% |
| Profit (loss) for the period | 9904 | €86 | -€5,912 | -€5,998 | |
| Profit (loss) for the period to be appropriated | 9905 | €86 | -€5,912 | -€5,998 |
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.