ARCADIA CONSULT: 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.
ARCADIA CONSULT
Largest movements
- Current investments +€264,357
new in 2026: €264,357
- Cash -€140,022
down €140,022 (-35.4%), from €396,046 to €256,024
mainly Current investments (-€264,357) and Receivables within one year (-€53,598)
- Receivables within one year +€53,598
up €53,598 (+14.4%), from €372,024 to €425,622
of which Other amounts receivable: +€52,990
- Tangible fixed assets +€29,414
up €29,414 (+21.9%), from €134,329 to €163,743
of which Furniture and vehicles: +€36,666
- Receivables after one year -€20,293
no longer reported in 2026 (was €20,293)
- Reserves +€195,138
up €195,138 (+23.7%), from €825,063 to €1.0m
of which Distributable reserves: +€195,138
- Gross operating margin +€44,954
up €44,954 (+19.3%), from €233,349 to €278,303
- Taxes +€12,180
up €12,180 (+16.6%), from €73,509 to €85,689
- Financial income -€7,463
down €7,463 (-27.8%), from €26,848 to €19,385
- Depreciation -€2,867
down €2,867 (-18.2%), from €15,790 to €12,923
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,199,543 | €1,387,379 | +€187,836 | +15.7% |
| Fixed assets | 21/28 | €401,382 | €430,796 | +€29,414 | +7.3% |
| Tangible fixed assets | 22/27 | €134,329 | €163,743 | +€29,414 | +21.9% |
| Land and buildings | 22 | €105,016 | €97,764 | -€7,252 | -6.9% |
| Furniture and vehicles | 24 | €29,313 | €65,979 | +€36,666 | +125.1% |
| Financial fixed assets | 28 | €267,053 | €267,053 | = | 0.0% |
| Current assets | 29/58 | €798,161 | €956,583 | +€158,422 | +19.8% |
| Amounts receivable after more than one year | 29 | €20,293 | - | -€20,293 | |
| Other amounts receivable | 291 | €20,293 | - | -€20,293 | |
| Amounts receivable within one year | 40/41 | €372,024 | €425,622 | +€53,598 | +14.4% |
| Trade receivables | 40 | €29,705 | €30,313 | +€608 | +2.0% |
| Other amounts receivable | 41 | €342,319 | €395,309 | +€52,990 | +15.5% |
| Current investments | 50/53 | - | €264,357 | +€264,357 | |
| Cash at bank and in hand | 54/58 | €396,046 | €256,024 | -€140,022 | -35.4% |
| Deferred charges and accrued income | 490/1 | €9,798 | €10,580 | +€782 | +8.0% |
| Total equity and liabilities | 10/49 | €1,199,543 | €1,387,379 | +€187,836 | +15.7% |
| Equity | 10/15 | €1,131,597 | €1,326,735 | +€195,138 | +17.2% |
| Contributions | 10/11 | €61,310 | €61,310 | = | 0.0% |
| Reserves | 13 | €825,063 | €1,020,201 | +€195,138 | +23.7% |
| Non-distributable reserves | 130/1 | €7,368 | €7,368 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,368 | €7,368 | = | 0.0% |
| Distributable reserves | 133 | €817,695 | €1,012,833 | +€195,138 | +23.9% |
| Profit (loss) carried forward | 14 | €245,224 | €245,224 | = | 0.0% |
| Amounts payable | 17/49 | €67,946 | €60,644 | -€7,302 | -10.7% |
| Amounts payable after more than one year | 17 | €7,500 | €6,000 | -€1,500 | -20.0% |
| Other amounts payable | 178/9 | €7,500 | €6,000 | -€1,500 | -20.0% |
| Amounts payable within one year | 42/48 | €60,446 | €54,508 | -€5,938 | -9.8% |
| Trade debts | 44 | €1,187 | €8,740 | +€7,553 | +636.3% |
| Suppliers | 440/4 | €1,187 | €8,740 | +€7,553 | +636.3% |
| Taxes, remuneration and social security | 45 | €59,259 | €45,768 | -€13,491 | -22.8% |
| Taxes | 450/3 | €59,259 | €45,768 | -€13,491 | -22.8% |
| Accrued charges and deferred income | 492/3 | - | €136 | +€136 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,790 | €12,923 | -€2,867 | -18.2% |
| Other operating charges | 640/8 | €3,810 | €3,854 | +€44 | +1.2% |
| Gross operating margin | 9900 | €233,349 | €278,303 | +€44,954 | +19.3% |
| Operating profit (loss) | 9901 | €213,749 | €261,526 | +€47,777 | +22.4% |
| Financial income | 75/76B | €26,848 | €19,385 | -€7,463 | -27.8% |
| Recurring financial income | 75 | €26,848 | €19,385 | -€7,463 | -27.8% |
| Financial charges | 65/66B | €84 | €84 | = | 0.0% |
| Recurring financial charges | 65 | €84 | €84 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €240,513 | €280,827 | +€40,314 | +16.8% |
| Income taxes | 67/77 | €73,509 | €85,689 | +€12,180 | +16.6% |
| Profit (loss) for the period | 9904 | €167,004 | €195,138 | +€28,134 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €167,004 | €195,138 | +€28,134 | +16.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.