ARCADIA: 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.
ARCADIA
Largest movements
- Tangible fixed assets -€10,504
down €10,504 (-4.6%), from €229,199 to €218,695
- Debts after one year -€16,180
down €16,180 (-17.4%), from €93,171 to €76,991
- Reserves +€8,154
up €8,154 (+42.3%), from €19,261 to €27,414
- Gross operating margin +€3,231
up €3,231 (+12.0%), from €26,983 to €30,214
- Financial charges +€1,939
up €1,939 (+66.2%), from €2,929 to €4,868
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €232,667 | €224,100 | -€8,567 | -3.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €229,199 | €218,695 | -€10,504 | -4.6% |
| Tangible fixed assets | 22/27 | €229,199 | €218,695 | -€10,504 | -4.6% |
| Land and buildings | 22 | €229,199 | €218,695 | -€10,504 | -4.6% |
| Current assets | 29/58 | €3,468 | €5,404 | +€1,936 | +55.8% |
| Amounts receivable within one year | 40/41 | €97 | €639 | +€543 | +560% |
| Trade receivables | 40 | €27 | €357 | +€330 | +1,218% |
| Other amounts receivable | 41 | €70 | €282 | +€212 | +304% |
| Cash at bank and in hand | 54/58 | €2,425 | €3,935 | +€1,510 | +62.3% |
| Deferred charges and accrued income | 490/1 | €947 | €830 | -€117 | -12.3% |
| Total equity and liabilities | 10/49 | €232,667 | €224,100 | -€8,567 | -3.7% |
| Equity | 10/15 | €109,261 | €117,414 | +€8,154 | +7.5% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €19,261 | €27,414 | +€8,154 | +42.3% |
| Distributable reserves | 133 | €19,261 | €27,414 | +€8,154 | +42.3% |
| Amounts payable | 17/49 | €123,406 | €106,685 | -€16,721 | -13.5% |
| Amounts payable after more than one year | 17 | €93,171 | €76,991 | -€16,180 | -17.4% |
| Financial debts | 170/4 | €93,171 | €76,991 | -€16,180 | -17.4% |
| Amounts payable within one year | 42/48 | €29,649 | €28,841 | -€808 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €17,615 | €17,049 | -€566 | -3.2% |
| Trade debts | 44 | €652 | - | -€652 | |
| Suppliers | 440/4 | €652 | - | -€652 | |
| Other amounts payable | 47/48 | €11,382 | €11,792 | +€410 | +3.6% |
| Accrued charges and deferred income | 492/3 | €586 | €853 | +€268 | +45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,504 | €10,504 | = | 0.0% |
| Other operating charges | 640/8 | €3,829 | €3,971 | +€142 | +3.7% |
| Gross operating margin | 9900 | €26,983 | €30,214 | +€3,231 | +12.0% |
| Operating profit (loss) | 9901 | €12,650 | €15,739 | +€3,089 | +24.4% |
| Financial charges | 65/66B | €2,929 | €4,868 | +€1,939 | +66.2% |
| Recurring financial charges | 65 | €2,929 | €4,868 | +€1,939 | +66.2% |
| Profit (loss) for the period before taxes | 9903 | €9,721 | €10,872 | +€1,151 | +11.8% |
| Income taxes | 67/77 | €2,430 | €2,718 | +€288 | +11.8% |
| Profit (loss) for the period | 9904 | €7,291 | €8,154 | +€863 | +11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,291 | €8,154 | +€863 | +11.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.