ARCADE: 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.
ARCADE
Largest movements
- Receivables within one year +€20,036
up €20,036 (+10.4%), from €192,265 to €212,301
of which Other amounts receivable: +€20,373
- Tangible fixed assets -€9,571
down €9,571 (-8.3%), from €115,132 to €105,561
- Other debts +€99,122
up €99,122 (+11200.4%), from €885 to €100,007
- Reserves -€85,740
down €85,740 (-52.3%), from €163,808 to €78,068
of which Distributable reserves: -€85,740
- Staff costs -€9,854
no longer reported in 2025 (was €9,854)
- Gross operating margin +€6,809
up €6,809 (+27.4%), from €24,877 to €31,686
- Taxes +€5,933
up €5,933 (+646.1%), from €918 to €6,852
- Financial charges -€1,487
down €1,487 (-87.6%), from €1,698 to €211
- Financial income -€1,301
down €1,301 (-92.8%), from €1,402 to €101
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 | €320,824 | €331,249 | +€10,425 | +3.2% |
| Fixed assets | 21/28 | €115,132 | €105,561 | -€9,571 | -8.3% |
| Tangible fixed assets | 22/27 | €115,132 | €105,561 | -€9,571 | -8.3% |
| Land and buildings | 22 | €115,132 | €105,561 | -€9,571 | -8.3% |
| Current assets | 29/58 | €205,692 | €225,687 | +€19,996 | +9.7% |
| Amounts receivable within one year | 40/41 | €192,265 | €212,301 | +€20,036 | +10.4% |
| Trade receivables | 40 | €6,353 | €6,016 | -€337 | -5.3% |
| Other amounts receivable | 41 | €185,912 | €206,285 | +€20,373 | +11.0% |
| Cash at bank and in hand | 54/58 | €12,542 | €12,495 | -€46 | -0.4% |
| Deferred charges and accrued income | 490/1 | €885 | €891 | +€6 | +0.7% |
| Total equity and liabilities | 10/49 | €320,824 | €331,249 | +€10,425 | +3.2% |
| Equity | 10/15 | €309,718 | €223,978 | -€85,740 | -27.7% |
| Contributions | 10/11 | €17,635 | €17,635 | = | 0.0% |
| Reserves | 13 | €163,808 | €78,068 | -€85,740 | -52.3% |
| Tax-exempt reserves | 132 | €20,728 | €20,728 | = | 0.0% |
| Distributable reserves | 133 | €143,080 | €57,340 | -€85,740 | -59.9% |
| Profit (loss) carried forward | 14 | €128,275 | €128,275 | = | 0.0% |
| Amounts payable | 17/49 | €11,106 | €107,271 | +€96,165 | +865.9% |
| Amounts payable within one year | 42/48 | €11,106 | €107,271 | +€96,165 | +865.9% |
| Trade debts | 44 | €1,298 | €412 | -€886 | -68.2% |
| Suppliers | 440/4 | €1,298 | €412 | -€886 | -68.2% |
| Taxes, remuneration and social security | 45 | €8,923 | €6,852 | -€2,071 | -23.2% |
| Taxes | 450/3 | €1,007 | €6,852 | +€5,844 | +580.1% |
| Remuneration and social security | 454/9 | €7,915 | - | -€7,915 | |
| Other amounts payable | 47/48 | €885 | €100,007 | +€99,122 | +11200.4% |
| Remuneration, social security and pensions | 62 | €9,854 | - | -€9,854 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,571 | €9,571 | = | 0.0% |
| Other operating charges | 640/8 | €1,716 | €1,773 | +€57 | +3.3% |
| Gross operating margin | 9900 | €24,877 | €31,686 | +€6,809 | +27.4% |
| Operating profit (loss) | 9901 | €3,737 | €20,343 | +€16,606 | +444.4% |
| Financial income | 75/76B | €1,402 | €101 | -€1,301 | -92.8% |
| Recurring financial income | 75 | €1,402 | €101 | -€1,301 | -92.8% |
| Financial charges | 65/66B | €1,698 | €211 | -€1,487 | -87.6% |
| Recurring financial charges | 65 | €1,698 | €211 | -€1,487 | -87.6% |
| Profit (loss) for the period before taxes | 9903 | €3,441 | €20,233 | +€16,792 | +488.0% |
| Income taxes | 67/77 | €918 | €6,852 | +€5,933 | +646.1% |
| Profit (loss) for the period | 9904 | €2,523 | €13,382 | +€10,859 | +430.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,523 | €13,382 | +€10,859 | +430.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.