ARCAM: 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.
ARCAM
Largest movements
- Cash +€3,680
up €3,680 (+31.7%), from €11,610 to €15,289
mainly Net result for the year (+€10,995) and Depreciation (+€2,400)
- Tangible fixed assets +€2,978
up €2,978 (+60.6%), from €4,917 to €7,895
of which Furniture and vehicles: +€3,200
- Receivables within one year +€2,369
up €2,369 (+13.4%), from €17,707 to €20,076
of which Other amounts receivable: +€3,932
- Profit (loss) carried forward +€10,995
up €10,995 (+43.8%), from €25,094 to €36,090
- Tax, wage and social debts -€2,547
down €2,547 (-35.6%), from €7,163 to €4,616
of which Taxes: -€2,547
- Trade debts +€628
up €628 (+14.0%), from €4,471 to €5,099
- Gross operating margin -€799
down €799 (-4.4%), from €18,017 to €17,219
- Depreciation +€583
up €583 (+32.1%), from €1,817 to €2,400
- Financial charges -€361
down €361 (-73.9%), from €488 to €127
- Taxes -€230
down €230 (-5.9%), from €3,862 to €3,633
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.
Derived cash bridge
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 | €40,086 | €48,872 | +€8,786 | +21.9% |
| Fixed assets | 21/28 | €4,917 | €7,895 | +€2,978 | +60.6% |
| Tangible fixed assets | 22/27 | €4,917 | €7,895 | +€2,978 | +60.6% |
| Furniture and vehicles | 24 | €4,250 | €7,450 | +€3,200 | +75.3% |
| Other tangible fixed assets | 26 | €667 | €445 | -€222 | -33.3% |
| Current assets | 29/58 | €35,168 | €40,977 | +€5,809 | +16.5% |
| Amounts receivable within one year | 40/41 | €17,707 | €20,076 | +€2,369 | +13.4% |
| Trade receivables | 40 | €12,316 | €10,752 | -€1,563 | -12.7% |
| Other amounts receivable | 41 | €5,392 | €9,324 | +€3,932 | +72.9% |
| Cash at bank and in hand | 54/58 | €11,610 | €15,289 | +€3,680 | +31.7% |
| Deferred charges and accrued income | 490/1 | €5,851 | €5,611 | -€240 | -4.1% |
| Total equity and liabilities | 10/49 | €40,086 | €48,872 | +€8,786 | +21.9% |
| Equity | 10/15 | €25,594 | €36,590 | +€10,995 | +43.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,094 | €36,090 | +€10,995 | +43.8% |
| Amounts payable | 17/49 | €14,491 | €12,282 | -€2,209 | -15.2% |
| Amounts payable within one year | 42/48 | €14,144 | €12,282 | -€1,862 | -13.2% |
| Trade debts | 44 | €4,471 | €5,099 | +€628 | +14.0% |
| Suppliers | 440/4 | €4,471 | €5,099 | +€628 | +14.0% |
| Taxes, remuneration and social security | 45 | €7,163 | €4,616 | -€2,547 | -35.6% |
| Taxes | 450/3 | €5,412 | €2,866 | -€2,547 | -47.1% |
| Remuneration and social security | 454/9 | €1,751 | €1,751 | = | 0.0% |
| Other amounts payable | 47/48 | €2,510 | €2,567 | +€57 | +2.3% |
| Accrued charges and deferred income | 492/3 | €348 | - | -€348 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,817 | €2,400 | +€583 | +32.1% |
| Other operating charges | 640/8 | €53 | €64 | +€11 | +20.8% |
| Gross operating margin | 9900 | €18,017 | €17,219 | -€799 | -4.4% |
| Operating profit (loss) | 9901 | €16,148 | €14,755 | -€1,393 | -8.6% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €488 | €127 | -€361 | -73.9% |
| Recurring financial charges | 65 | €488 | €127 | -€361 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | €15,668 | €14,628 | -€1,040 | -6.6% |
| Income taxes | 67/77 | €3,862 | €3,633 | -€230 | -5.9% |
| Profit (loss) for the period | 9904 | €11,806 | €10,995 | -€810 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,806 | €10,995 | -€810 | -6.9% |
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 14 October 2026 via checked.be.