Arcadimmo: 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.
Arcadimmo
Largest movements
- Stocks and contracts +€829,932
up €829,932 (+1456.0%), from €57,000 to €886,932
- Receivables within one year -€638,745
down €638,745 (-66.1%), from €967,011 to €328,267
of which Other amounts receivable: -€859,014
- Financial fixed assets +€115,000
new in 2025: €115,000
- Tangible fixed assets -€60,476
down €60,476 (-2.9%), from €2.1m to €2.0m
of which Land and buildings: -€32,020
- Other debts +€1.2m
up €1.2m (+1386.7%), from €86,553 to €1.3m
- Short-term financial debts -€300,000
down €300,000 (-100.0%), from €300,000 to €0
- Debts after one year -€221,752
down €221,752 (-50.3%), from €440,930 to €219,178
- Current portion of long-term debt -€197,762
down €197,762 (-59.0%), from €335,233 to €137,470
- Profit (loss) carried forward -€117,657
new in 2025: -€117,657
- Gross operating margin -€356,667
down €356,667 (-96.8%), from €368,596 to €11,929
- Staff costs -€190,309
down €190,309 (-88.6%), from €214,860 to €24,551
- Depreciation -€16,674
down €16,674 (-18.2%), from €91,848 to €75,175
- Other operating charges +€11,371
up €11,371 (+206.9%), from €5,495 to €16,866
- Taxes -€7,436
down €7,436, from €6,724 to -€712
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 | €3,095,003 | €3,367,123 | +€272,120 | +8.8% |
| Fixed assets | 21/28 | €2,062,967 | €2,117,491 | +€54,525 | +2.6% |
| Tangible fixed assets | 22/27 | €2,062,967 | €2,002,491 | -€60,476 | -2.9% |
| Land and buildings | 22 | €2,028,063 | €1,996,044 | -€32,020 | -1.6% |
| Plant, machinery and equipment | 23 | €12,819 | €6,447 | -€6,372 | -49.7% |
| Furniture and vehicles | 24 | €22,084 | €0 | -€22,084 | -100.0% |
| Financial fixed assets | 28 | - | €115,000 | +€115,000 | |
| Current assets | 29/58 | €1,032,037 | €1,249,632 | +€217,596 | +21.1% |
| Stocks and contracts in progress | 3 | €57,000 | €886,932 | +€829,932 | +1456.0% |
| Stocks | 30/36 | €57,000 | €886,932 | +€829,932 | +1456.0% |
| Amounts receivable within one year | 40/41 | €967,011 | €328,267 | -€638,745 | -66.1% |
| Trade receivables | 40 | €64,546 | €284,815 | +€220,269 | +341.3% |
| Other amounts receivable | 41 | €902,466 | €43,452 | -€859,014 | -95.2% |
| Cash at bank and in hand | 54/58 | €396 | €30,946 | +€30,550 | +7714.4% |
| Deferred charges and accrued income | 490/1 | €7,629 | €3,487 | -€4,142 | -54.3% |
| Total equity and liabilities | 10/49 | €3,095,003 | €3,367,123 | +€272,120 | +8.8% |
| Equity | 10/15 | €1,823,749 | €1,668,942 | -€154,807 | -8.5% |
| Contributions | 10/11 | €1,436,871 | €1,436,871 | = | 0.0% |
| Capital | 10 | €1,436,871 | €1,436,871 | = | 0.0% |
| Issued capital | 100 | €1,436,871 | €1,436,871 | = | 0.0% |
| Revaluation surpluses | 12 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €286,878 | €249,728 | -€37,149 | -12.9% |
| Non-distributable reserves | 130/1 | €63,379 | €63,379 | = | 0.0% |
| Legal reserve | 130 | €63,379 | €63,379 | = | 0.0% |
| Distributable reserves | 133 | €223,498 | €186,349 | -€37,149 | -16.6% |
| Profit (loss) carried forward | 14 | - | -€117,657 | -€117,657 | |
| Amounts payable | 17/49 | €1,271,255 | €1,698,181 | +€426,927 | +33.6% |
| Amounts payable after more than one year | 17 | €440,930 | €219,178 | -€221,752 | -50.3% |
| Financial debts | 170/4 | €440,930 | €219,178 | -€221,752 | -50.3% |
| Amounts payable within one year | 42/48 | €827,380 | €1,475,534 | +€648,154 | +78.3% |
| Current portion of amounts payable after more than one year | 42 | €335,233 | €137,470 | -€197,762 | -59.0% |
| Financial debts | 43 | €300,000 | €0 | -€300,000 | -100.0% |
| Other loans | 439 | €300,000 | €0 | -€300,000 | -100.0% |
| Trade debts | 44 | €8,016 | €51,193 | +€43,177 | +538.6% |
| Suppliers | 440/4 | €8,016 | €51,193 | +€43,177 | +538.6% |
| Advances received on contracts in progress | 46 | €46,445 | €0 | -€46,445 | -100.0% |
| Taxes, remuneration and social security | 45 | €51,133 | €113 | -€51,020 | -99.8% |
| Taxes | 450/3 | €19,330 | €113 | -€19,217 | -99.4% |
| Remuneration and social security | 454/9 | €31,802 | €0 | -€31,802 | -100.0% |
| Other amounts payable | 47/48 | €86,553 | €1,286,757 | +€1.2m | +1386.7% |
| Accrued charges and deferred income | 492/3 | €2,945 | €3,470 | +€525 | +17.8% |
| Non-recurring operating income | 76A | €15,580 | €27,607 | +€12,027 | +77.2% |
| Remuneration, social security and pensions | 62 | €214,860 | €24,551 | -€190,309 | -88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,848 | €75,175 | -€16,674 | -18.2% |
| Other operating charges | 640/8 | €5,495 | €16,866 | +€11,371 | +206.9% |
| Non-recurring operating charges | 66A | - | €1,750 | +€1,750 | |
| Gross operating margin | 9900 | €368,596 | €11,929 | -€356,667 | -96.8% |
| Operating profit (loss) | 9901 | €56,392 | -€106,413 | -€162,805 | |
| Financial income | 75/76B | €3,150 | €3,882 | +€732 | +23.2% |
| Recurring financial income | 75 | €3,150 | €3,882 | +€732 | +23.2% |
| Financial charges | 65/66B | €45,696 | €52,988 | +€7,292 | +16.0% |
| Recurring financial charges | 65 | €45,696 | €52,988 | +€7,292 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | €13,847 | -€155,518 | -€169,365 | |
| Income taxes | 67/77 | €6,724 | -€712 | -€7,436 | |
| Profit (loss) for the period | 9904 | €7,123 | -€154,807 | -€161,930 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,123 | -€154,807 | -€161,930 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.