ARCADRE: 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.
ARCADRE
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+78.4%), from €1.4m to €2.5m
of which Land and buildings: +€961,786
- Cash +€207,381
up €207,381 (+2,073%), from €10,005 to €217,386
mainly Debts after one year (+€1.1m) and Other debts (+€194,900)
- Receivables within one year +€29,134
up €29,134 (+130%), from €22,374 to €51,508
of which Other amounts receivable: +€22,692
- Debts after one year +€1.1m
up €1.1m (+217%), from €499,924 to €1.6m
- Other debts +€194,900
up €194,900 (+21.2%), from €919,056 to €1.1m
- Trade debts +€116,893
up €116,893 (+949%), from €12,314 to €129,207
- Profit (loss) carried forward -€73,554
down €73,554 (-143%), from -€51,366 to -€124,920
- Financial charges +€52,109
up €52,109 (+972%), from €5,360 to €57,469
- Gross operating margin -€7,395
down €7,395 (-84.9%), from -€8,708 to -€16,103
- Purchases and services +€7,159
up €7,159 (+34.3%), from €20,868 to €28,027
- Other operating charges -€4,039
no longer reported in 2024 (was €4,039)
- Staff costs -€665
no longer reported in 2024 (was €665)
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 | €1,413,826 | €2,731,343 | +€1.3m | +93.2% |
| Fixed assets | 21/28 | €1,375,947 | €2,455,349 | +€1.1m | +78.4% |
| Tangible fixed assets | 22/27 | €1,375,947 | €2,455,349 | +€1.1m | +78.4% |
| Land and buildings | 22 | €1,373,652 | €2,335,438 | +€961,786 | +70.0% |
| Plant, machinery and equipment | 23 | - | €113,612 | +€113,612 | |
| Furniture and vehicles | 24 | €2,295 | €6,299 | +€4,004 | +174% |
| Current assets | 29/58 | €37,879 | €275,994 | +€238,114 | +629% |
| Stocks and contracts in progress | 3 | €5,500 | €5,500 | = | 0.0% |
| Stocks | 30/36 | €5,500 | €5,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,374 | €51,508 | +€29,134 | +130% |
| Trade receivables | 40 | €400 | €6,842 | +€6,442 | +1,610% |
| Other amounts receivable | 41 | €21,974 | €44,666 | +€22,692 | +103% |
| Cash at bank and in hand | 54/58 | €10,005 | €217,386 | +€207,381 | +2,073% |
| Deferred charges and accrued income | 490/1 | - | €1,600 | +€1,600 | |
| Total equity and liabilities | 10/49 | €1,413,826 | €2,731,343 | +€1.3m | +93.2% |
| Equity | 10/15 | -€21,366 | -€94,920 | -€73,554 | -344% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,366 | -€124,920 | -€73,554 | -143% |
| Amounts payable | 17/49 | €1,435,193 | €2,826,263 | +€1.4m | +96.9% |
| Amounts payable after more than one year | 17 | €499,924 | €1,583,099 | +€1.1m | +217% |
| Financial debts | 170/4 | €499,924 | €1,583,099 | +€1.1m | +217% |
| Amounts payable within one year | 42/48 | €931,371 | €1,243,164 | +€311,793 | +33.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €12,314 | €129,207 | +€116,893 | +949% |
| Suppliers | 440/4 | €12,314 | €129,207 | +€116,893 | +949% |
| Other amounts payable | 47/48 | €919,056 | €1,113,956 | +€194,900 | +21.2% |
| Accrued charges and deferred income | 492/3 | €3,898 | - | -€3,898 | |
| Turnover | 70 | €12,160 | €11,924 | -€236 | -1.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,868 | €28,027 | +€7,159 | +34.3% |
| Remuneration, social security and pensions | 62 | €665 | - | -€665 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €4,039 | - | -€4,039 | |
| Gross operating margin | 9900 | -€8,708 | -€16,103 | -€7,395 | -84.9% |
| Operating profit (loss) | 9901 | -€13,412 | -€16,103 | -€2,691 | -20.1% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €5,360 | €57,469 | +€52,109 | +972% |
| Recurring financial charges | 65 | €5,360 | €57,469 | +€52,109 | +972% |
| Profit (loss) for the period before taxes | 9903 | -€18,772 | -€73,554 | -€54,782 | -292% |
| Profit (loss) for the period | 9904 | -€18,772 | -€73,554 | -€54,782 | -292% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,772 | -€73,554 | -€54,782 | -292% |
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 17 October 2026 via checked.be.