ARCA ASSOCIES: 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.
ARCA ASSOCIES
Largest movements
- Tangible fixed assets -€17,350
down €17,350 (-5.1%), from €337,765 to €320,415
- Debts after one year -€43,473
down €43,473 (-29.1%), from €149,487 to €106,014
of which Financial debts: -€43,473
- Reserves +€19,375
up €19,375 (+12.0%), from €161,417 to €180,792
of which Distributable reserves: +€19,375
- Other debts +€5,000
up €5,000 (+24.2%), from €20,665 to €25,665
- Gross operating margin +€2,883
up €2,883 (+5.7%), from €50,231 to €53,114
- Taxes +€1,089
up €1,089 (+12.5%), from €8,689 to €9,778
- Financial charges -€994
down €994 (-16.8%), from €5,925 to €4,931
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 | €407,395 | €391,798 | -€15,597 | -3.8% |
| Formation expenses | 20 | €1,207 | €905 | -€302 | -25.0% |
| Fixed assets | 21/28 | €337,765 | €320,415 | -€17,350 | -5.1% |
| Tangible fixed assets | 22/27 | €337,765 | €320,415 | -€17,350 | -5.1% |
| Land and buildings | 22 | €337,765 | €320,415 | -€17,350 | -5.1% |
| Current assets | 29/58 | €68,423 | €70,478 | +€2,055 | +3.0% |
| Amounts receivable within one year | 40/41 | - | €992 | +€992 | |
| Trade receivables | 40 | - | €992 | +€992 | |
| Current investments | 50/53 | €63,000 | €63,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,048 | €6,102 | +€1,054 | +20.9% |
| Deferred charges and accrued income | 490/1 | €375 | €384 | +€9 | +2.4% |
| Total equity and liabilities | 10/49 | €407,395 | €391,798 | -€15,597 | -3.8% |
| Equity | 10/15 | €186,365 | €205,740 | +€19,375 | +10.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €161,417 | €180,792 | +€19,375 | +12.0% |
| Non-distributable reserves | 130/1 | €64,900 | €64,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €64,900 | €64,900 | = | 0.0% |
| Distributable reserves | 133 | €96,517 | €115,892 | +€19,375 | +20.1% |
| Profit (loss) carried forward | 14 | €5,948 | €5,948 | = | 0.0% |
| Amounts payable | 17/49 | €221,030 | €186,058 | -€34,972 | -15.8% |
| Amounts payable after more than one year | 17 | €149,487 | €106,014 | -€43,473 | -29.1% |
| Financial debts | 170/4 | €141,487 | €98,014 | -€43,473 | -30.7% |
| Other amounts payable | 178/9 | €8,000 | €8,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €71,543 | €80,044 | +€8,501 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €42,363 | €43,473 | +€1,110 | +2.6% |
| Trade debts | 44 | - | €992 | +€992 | |
| Suppliers | 440/4 | - | €992 | +€992 | |
| Taxes, remuneration and social security | 45 | €8,515 | €9,914 | +€1,399 | +16.4% |
| Taxes | 450/3 | €8,515 | €9,914 | +€1,399 | +16.4% |
| Other amounts payable | 47/48 | €20,665 | €25,665 | +€5,000 | +24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,754 | €17,652 | -€102 | -0.6% |
| Other operating charges | 640/8 | €1,346 | €1,379 | +€33 | +2.5% |
| Gross operating margin | 9900 | €50,231 | €53,114 | +€2,883 | +5.7% |
| Operating profit (loss) | 9901 | €31,131 | €34,083 | +€2,952 | +9.5% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €5,925 | €4,931 | -€994 | -16.8% |
| Recurring financial charges | 65 | €5,925 | €4,931 | -€994 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €25,206 | €29,154 | +€3,948 | +15.7% |
| Income taxes | 67/77 | €8,689 | €9,778 | +€1,089 | +12.5% |
| Profit (loss) for the period | 9904 | €16,517 | €19,376 | +€2,859 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,517 | €19,376 | +€2,859 | +17.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.