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 -€90,848
down €90,848 (-71.3%), from €127,476 to €36,628
of which Trade receivables: -€85,699
- Cash +€14,841
up €14,841 (+45.3%), from €32,794 to €47,635
mainly Receivables within one year (+€90,848) and Net result for the year (+€7,931)
- Trade debts -€77,223
down €77,223 (-83.8%), from €92,197 to €14,974
- Tax, wage and social debts -€8,512
down €8,512 (-12.0%), from €71,126 to €62,613
of which Taxes: -€7,943
- Profit (loss) carried forward +€7,931
up €7,931 (+51.3%), from -€15,451 to -€7,520
- Taxes +€5,022
up €5,022 (+689.3%), from €729 to €5,751
- Other operating charges +€4,864
up €4,864 (+179.3%), from €2,713 to €7,578
- Staff costs +€3,640
up €3,640 (+2.3%), from €158,129 to €161,770
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 | €167,731 | €89,427 | -€78,304 | -46.7% |
| Fixed assets | 21/28 | €2,993 | €2,039 | -€954 | -31.9% |
| Tangible fixed assets | 22/27 | €2,993 | €2,039 | -€954 | -31.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €2,993 | €2,039 | -€954 | -31.9% |
| Current assets | 29/58 | €164,738 | €87,388 | -€77,350 | -47.0% |
| Amounts receivable within one year | 40/41 | €127,476 | €36,628 | -€90,848 | -71.3% |
| Trade receivables | 40 | €106,931 | €21,232 | -€85,699 | -80.1% |
| Other amounts receivable | 41 | €20,544 | €15,396 | -€5,148 | -25.1% |
| Current investments | 50/53 | €2,612 | €2,612 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €32,794 | €47,635 | +€14,841 | +45.3% |
| Deferred charges and accrued income | 490/1 | €1,857 | €513 | -€1,343 | -72.3% |
| Total equity and liabilities | 10/49 | €167,731 | €89,427 | -€78,304 | -46.7% |
| Equity | 10/15 | €3,909 | €11,840 | +€7,931 | +202.9% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €6,860 | €6,860 | = | 0.0% |
| Distributable reserves | 133 | €6,860 | €6,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,451 | -€7,520 | +€7,931 | +51.3% |
| Amounts payable | 17/49 | €163,822 | €77,587 | -€86,235 | -52.6% |
| Amounts payable within one year | 42/48 | €163,322 | €77,587 | -€85,735 | -52.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €92,197 | €14,974 | -€77,223 | -83.8% |
| Suppliers | 440/4 | €92,197 | €14,974 | -€77,223 | -83.8% |
| Taxes, remuneration and social security | 45 | €71,126 | €62,613 | -€8,512 | -12.0% |
| Taxes | 450/3 | €27,108 | €19,166 | -€7,943 | -29.3% |
| Remuneration and social security | 454/9 | €44,017 | €43,448 | -€569 | -1.3% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €500 | €0 | -€500 | -100.0% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €158,129 | €161,770 | +€3,640 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,981 | €2,232 | -€1,749 | -43.9% |
| Other operating charges | 640/8 | €2,713 | €7,578 | +€4,864 | +179.3% |
| Gross operating margin | 9900 | €189,657 | €187,947 | -€1,710 | -0.9% |
| Operating profit (loss) | 9901 | €24,833 | €16,368 | -€8,466 | -34.1% |
| Financial income | 75/76B | €1,642 | €638 | -€1,004 | -61.2% |
| Recurring financial income | 75 | €1,642 | €638 | -€1,004 | -61.2% |
| Financial charges | 65/66B | €3,443 | €3,323 | -€120 | -3.5% |
| Recurring financial charges | 65 | €3,443 | €3,323 | -€120 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €23,032 | €13,682 | -€9,350 | -40.6% |
| Income taxes | 67/77 | €729 | €5,751 | +€5,022 | +689.3% |
| Profit (loss) for the period | 9904 | €22,304 | €7,931 | -€14,372 | -64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,304 | €7,931 | -€14,372 | -64.4% |
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 8 October 2026 via checked.be.