ARC1: 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.
ARC1
Largest movements
- Cash -€3,414
down €3,414 (-37.7%), from €9,047 to €5,633
mainly Net result for the year (-€3,945) and Other debts (-€2,009)
- Receivables within one year -€2,718
down €2,718 (-95.0%), from €2,862 to €144
of which Other amounts receivable: -€1,599
- Profit (loss) carried forward -€3,945
down €3,945 (-29.5%), from -€13,379 to -€17,324
- Other debts -€2,009
down €2,009 (-17.5%), from €11,466 to €9,456
- Trade debts -€203
down €203 (-45.0%), from €451 to €248
- Gross operating margin -€1,802
down €1,802 (-108.5%), from -€1,660 to -€3,462
- Write-downs -€800
no longer reported in 2025 (was €800)
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 | €12,178 | €6,020 | -€6,158 | -50.6% |
| Current assets | 29/58 | €12,178 | €6,020 | -€6,158 | -50.6% |
| Amounts receivable within one year | 40/41 | €2,862 | €144 | -€2,718 | -95.0% |
| Trade receivables | 40 | €1,262 | €144 | -€1,118 | -88.6% |
| Other amounts receivable | 41 | €1,599 | - | -€1,599 | |
| Cash at bank and in hand | 54/58 | €9,047 | €5,633 | -€3,414 | -37.7% |
| Deferred charges and accrued income | 490/1 | €269 | €243 | -€26 | -9.7% |
| Total equity and liabilities | 10/49 | €12,178 | €6,020 | -€6,158 | -50.6% |
| Equity | 10/15 | €261 | -€3,684 | -€3,945 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,640 | €11,640 | = | 0.0% |
| Distributable reserves | 133 | €11,640 | €11,640 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,379 | -€17,324 | -€3,945 | -29.5% |
| Amounts payable | 17/49 | €11,916 | €9,704 | -€2,212 | -18.6% |
| Amounts payable within one year | 42/48 | €11,916 | €9,704 | -€2,212 | -18.6% |
| Trade debts | 44 | €451 | €248 | -€203 | -45.0% |
| Suppliers | 440/4 | €451 | €248 | -€203 | -45.0% |
| Other amounts payable | 47/48 | €11,466 | €9,456 | -€2,009 | -17.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €800 | - | -€800 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,660 | -€3,462 | -€1,802 | -108.5% |
| Operating profit (loss) | 9901 | -€2,847 | -€3,861 | -€1,014 | -35.6% |
| Financial charges | 65/66B | €84 | €84 | = | 0.0% |
| Recurring financial charges | 65 | €84 | €84 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,931 | -€3,945 | -€1,014 | -34.6% |
| Profit (loss) for the period | 9904 | -€2,931 | -€3,945 | -€1,014 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,931 | -€3,945 | -€1,014 | -34.6% |
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 5 October 2026 via checked.be.