ARCANE: 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.
ARCANE
Largest movements
- Cash -€1,177
down €1,177 (-60.6%), from €1,943 to €766
mainly Debts after one year (-€5,588) and Net result for the year (-€2,940)
- Other debts +€7,628
up €7,628 (+31.4%), from €24,330 to €31,958
- Debts after one year -€5,588
down €5,588 (-23.5%), from €23,731 to €18,143
- Profit (loss) carried forward -€2,940
down €2,940 (-4.1%), from -€70,989 to -€73,929
- Trade debts -€573
no longer reported in 2025 (was €573)
- Current portion of long-term debt +€295
up €295 (+5.6%), from €5,292 to €5,588
- Gross operating margin +€1,078
up €1,078 (+43.5%), from -€2,477 to -€1,400
- Other operating charges -€197
no longer reported in 2025 (was €197)
- Financial charges +€66
up €66 (+4.5%), from €1,474 to €1,540
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 | €3,397 | €2,220 | -€1,177 | -34.6% |
| Current assets | 29/58 | €3,397 | €2,220 | -€1,177 | -34.6% |
| Amounts receivable within one year | 40/41 | €1,454 | €1,454 | = | 0.0% |
| Trade receivables | 40 | €1,454 | €1,454 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,943 | €766 | -€1,177 | -60.6% |
| Total equity and liabilities | 10/49 | €3,397 | €2,220 | -€1,177 | -34.6% |
| Equity | 10/15 | -€50,529 | -€53,469 | -€2,940 | -5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,989 | -€73,929 | -€2,940 | -4.1% |
| Amounts payable | 17/49 | €53,926 | €55,689 | +€1,763 | +3.3% |
| Amounts payable after more than one year | 17 | €23,731 | €18,143 | -€5,588 | -23.5% |
| Financial debts | 170/4 | €23,731 | €18,143 | -€5,588 | -23.5% |
| Amounts payable within one year | 42/48 | €30,195 | €37,545 | +€7,351 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | €5,292 | €5,588 | +€295 | +5.6% |
| Trade debts | 44 | €573 | - | -€573 | |
| Suppliers | 440/4 | €573 | - | -€573 | |
| Other amounts payable | 47/48 | €24,330 | €31,958 | +€7,628 | +31.4% |
| Other operating charges | 640/8 | €197 | - | -€197 | |
| Gross operating margin | 9900 | -€2,477 | -€1,400 | +€1,078 | +43.5% |
| Operating profit (loss) | 9901 | -€2,674 | -€1,400 | +€1,274 | +47.7% |
| Financial charges | 65/66B | €1,474 | €1,540 | +€66 | +4.5% |
| Recurring financial charges | 65 | €1,474 | €1,540 | +€66 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,148 | -€2,940 | +€1,208 | +29.1% |
| Profit (loss) for the period | 9904 | -€4,148 | -€2,940 | +€1,208 | +29.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,148 | -€2,940 | +€1,208 | +29.1% |
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 15 October 2026 via checked.be.