ARCADUS IMMO EXPERTS: 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.
ARCADUS IMMO EXPERTS
Largest movements
- Receivables within one year -€178,227
down €178,227 (-40.7%), from €437,968 to €259,742
of which Trade receivables: -€185,523
- Cash +€74,170
up €74,170 (+99.3%), from €74,669 to €148,839
mainly Receivables within one year (+€178,227) and Other debts (+€72,769)
- Trade debts -€199,367
down €199,367 (-99.2%), from €201,063 to €1,696
of which Suppliers: -€198,356
- Other debts +€72,769
up €72,769 (+143%), from €51,037 to €123,806
- Tax, wage and social debts -€59,716
down €59,716 (-73.6%), from €81,134 to €21,419
of which Taxes: -€59,716
- Profit (loss) carried forward +€51,077
up €51,077, from -€37,031 to €14,045
- Short-term financial debts +€45,000
new in 2024: €45,000
- Gross operating margin +€51,301
up €51,301 (+118%), from €43,564 to €94,866
- Depreciation -€3,347
down €3,347 (-12.4%), from €27,085 to €23,738
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 | €658,929 | €558,446 | -€100,483 | -15.2% |
| Fixed assets | 21/28 | €145,519 | €145,984 | +€464 | +0.3% |
| Tangible fixed assets | 22/27 | €145,519 | €145,984 | +€464 | +0.3% |
| Land and buildings | 22 | €137,524 | €117,518 | -€20,006 | -14.5% |
| Plant, machinery and equipment | 23 | €3,660 | €3,207 | -€453 | -12.4% |
| Furniture and vehicles | 24 | €4,336 | €25,260 | +€20,924 | +483% |
| Current assets | 29/58 | €513,410 | €412,462 | -€100,948 | -19.7% |
| Amounts receivable within one year | 40/41 | €437,968 | €259,742 | -€178,227 | -40.7% |
| Trade receivables | 40 | €437,135 | €251,612 | -€185,523 | -42.4% |
| Other amounts receivable | 41 | €834 | €8,130 | +€7,296 | +875% |
| Cash at bank and in hand | 54/58 | €74,669 | €148,839 | +€74,170 | +99.3% |
| Deferred charges and accrued income | 490/1 | €773 | €3,881 | +€3,108 | +402% |
| Total equity and liabilities | 10/49 | €658,929 | €558,446 | -€100,483 | -15.2% |
| Equity | 10/15 | €5,919 | €56,996 | +€51,077 | +863% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €24,359 | €24,359 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,499 | €22,499 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,031 | €14,045 | +€51,077 | |
| Amounts payable | 17/49 | €653,010 | €501,450 | -€151,560 | -23.2% |
| Amounts payable within one year | 42/48 | €653,010 | €500,025 | -€152,985 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €287,776 | €287,776 | = | 0.0% |
| Financial debts | 43 | - | €45,000 | +€45,000 | |
| Credit institutions | 430/8 | - | €45,000 | +€45,000 | |
| Trade debts | 44 | €201,063 | €1,696 | -€199,367 | -99.2% |
| Suppliers | 440/4 | €200,051 | €1,696 | -€198,356 | -99.2% |
| Bills of exchange payable | 441 | €1,011 | - | -€1,011 | |
| Advances received on contracts in progress | 46 | €32,000 | €20,328 | -€11,672 | -36.5% |
| Taxes, remuneration and social security | 45 | €81,134 | €21,419 | -€59,716 | -73.6% |
| Taxes | 450/3 | €78,134 | €18,419 | -€59,716 | -76.4% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €51,037 | €123,806 | +€72,769 | +143% |
| Accrued charges and deferred income | 492/3 | - | €1,425 | +€1,425 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,085 | €23,738 | -€3,347 | -12.4% |
| Other operating charges | 640/8 | €6,125 | €6,321 | +€196 | +3.2% |
| Gross operating margin | 9900 | €43,564 | €94,866 | +€51,301 | +118% |
| Operating profit (loss) | 9901 | €10,354 | €64,807 | +€54,452 | +526% |
| Financial income | 75/76B | - | €194 | +€194 | |
| Recurring financial income | 75 | - | €194 | +€194 | |
| Financial charges | 65/66B | €14,228 | €13,799 | -€429 | -3.0% |
| Recurring financial charges | 65 | €14,228 | €13,799 | -€429 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,873 | €51,201 | +€55,075 | |
| Income taxes | 67/77 | - | €125 | +€125 | |
| Profit (loss) for the period | 9904 | -€3,873 | €51,077 | +€54,950 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,873 | €51,077 | +€54,950 |
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.