ARCA & JUNCO ASSOCIES: what changed
ARCA & JUNCO ASSOCIES
Largest movements
- Receivables within one year -€299,603
down €299,603 (-95.0%), from €315,302 to €15,699
of which Trade receivables: -€300,414
- Cash +€14,650
up €14,650 (+47.9%), from €30,579 to €45,229
mainly Receivables within one year (+€299,603) and Depreciation (+€4,716)
- Tangible fixed assets -€4,716
no longer reported in 2026 (was €4,716)
- Trade debts -€187,350
down €187,350 (-96.0%), from €195,083 to €7,734
- Profit (loss) carried forward -€84,896
down €84,896 (-81.6%), from €103,976 to €19,080
- Tax, wage and social debts -€17,908
down €17,908 (-99.8%), from €17,937 to €29
- Gross operating margin +€44,121
up €44,121 (+50.6%), from -€87,113 to -€42,992
- Other operating charges +€36,477
new in 2026: €36,477
- Depreciation +€3,010
up €3,010 (+177%), from €1,706 to €4,716
- Financial income -€2,779
down €2,779 (-99.0%), from €2,806 to €27
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €351,082 | €60,928 | -€290,154 | -82.6% |
| Fixed assets | 21/28 | €4,716 | - | -€4,716 | |
| Tangible fixed assets | 22/27 | €4,716 | - | -€4,716 | |
| Plant, machinery and equipment | 23 | €4,716 | - | -€4,716 | |
| Current assets | 29/58 | €346,366 | €60,928 | -€285,438 | -82.4% |
| Amounts receivable within one year | 40/41 | €315,302 | €15,699 | -€299,603 | -95.0% |
| Trade receivables | 40 | €300,664 | €250 | -€300,414 | -99.9% |
| Other amounts receivable | 41 | €14,638 | €15,449 | +€811 | +5.5% |
| Cash at bank and in hand | 54/58 | €30,579 | €45,229 | +€14,650 | +47.9% |
| Deferred charges and accrued income | 490/1 | €485 | - | -€485 | |
| Total equity and liabilities | 10/49 | €351,082 | €60,928 | -€290,154 | -82.6% |
| Equity | 10/15 | €138,062 | €53,166 | -€84,896 | -61.5% |
| Contributions | 10/11 | €34,085 | €34,085 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,976 | €19,080 | -€84,896 | -81.6% |
| Amounts payable | 17/49 | €213,020 | €7,762 | -€205,258 | -96.4% |
| Amounts payable within one year | 42/48 | €213,020 | €7,762 | -€205,258 | -96.4% |
| Trade debts | 44 | €195,083 | €7,734 | -€187,350 | -96.0% |
| Suppliers | 440/4 | €195,083 | €7,734 | -€187,350 | -96.0% |
| Taxes, remuneration and social security | 45 | €17,937 | €29 | -€17,908 | -99.8% |
| Taxes | 450/3 | €17,937 | €29 | -€17,908 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,706 | €4,716 | +€3,010 | +177% |
| Other operating charges | 640/8 | - | €36,477 | +€36,477 | |
| Gross operating margin | 9900 | -€87,113 | -€42,992 | +€44,121 | +50.6% |
| Operating profit (loss) | 9901 | -€88,818 | -€84,185 | +€4,633 | +5.2% |
| Financial income | 75/76B | €2,806 | €27 | -€2,779 | -99.0% |
| Recurring financial income | 75 | €2,806 | €27 | -€2,779 | -99.0% |
| Financial charges | 65/66B | €427 | €709 | +€282 | +66.0% |
| Recurring financial charges | 65 | €427 | €709 | +€282 | +66.0% |
| Profit (loss) for the period before taxes | 9903 | -€86,440 | -€84,867 | +€1,573 | +1.8% |
| Income taxes | 67/77 | €289 | €29 | -€260 | -90.0% |
| Profit (loss) for the period | 9904 | -€86,728 | -€84,896 | +€1,832 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,728 | -€84,896 | +€1,832 | +2.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.