ARCARIUS: what changed
Two fiscal 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.
ARCARIUS
Largest movements
- Cash -€27,942
down €27,942 (-25.3%), from €110,545 to €82,603
mainly Contributions, distributions and other (-€105,000) and Other debts (-€30,072)
- Tangible fixed assets -€3,752
down €3,752 (-63.1%), from €5,945 to €2,193
of which Furniture and vehicles: -€3,068
- Receivables within one year +€3,691
up €3,691 (+12600.2%), from €29 to €3,720
of which Other amounts receivable: +€3,167
- Other debts -€30,072
down €30,072 (-47.0%), from €63,993 to €33,921
- Reserves +€2,938
up €2,938 (+3.5%), from €85,000 to €87,938
- Gross operating margin -€8,341
down €8,341 (-5.6%), from €147,921 to €139,580
- Financial income -€6,696
down €6,696 (-67.4%), from €9,937 to €3,241
- Taxes -€4,681
down €4,681 (-13.2%), from €35,471 to €30,790
- Depreciation +€1,639
up €1,639 (+77.6%), from €2,113 to €3,752
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 | €160,335 | €132,432 | -€27,903 | -17.4% |
| Fixed assets | 21/28 | €5,945 | €2,193 | -€3,752 | -63.1% |
| Tangible fixed assets | 22/27 | €5,945 | €2,193 | -€3,752 | -63.1% |
| Furniture and vehicles | 24 | €4,707 | €1,639 | -€3,068 | -65.2% |
| Other tangible fixed assets | 26 | €1,238 | €554 | -€684 | -55.3% |
| Current assets | 29/58 | €154,391 | €130,239 | -€24,152 | -15.6% |
| Amounts receivable within one year | 40/41 | €29 | €3,720 | +€3,691 | +12600.2% |
| Trade receivables | 40 | - | €524 | +€524 | |
| Other amounts receivable | 41 | €29 | €3,196 | +€3,167 | +10811.8% |
| Current investments | 50/53 | €42,000 | €42,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €110,545 | €82,603 | -€27,942 | -25.3% |
| Deferred charges and accrued income | 490/1 | €1,817 | €1,916 | +€100 | +5.5% |
| Total equity and liabilities | 10/49 | €160,335 | €132,432 | -€27,903 | -17.4% |
| Equity | 10/15 | €90,000 | €92,938 | +€2,938 | +3.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €85,000 | €87,938 | +€2,938 | +3.5% |
| Distributable reserves | 133 | €85,000 | €87,938 | +€2,938 | +3.5% |
| Amounts payable | 17/49 | €70,335 | €39,493 | -€30,842 | -43.8% |
| Amounts payable within one year | 42/48 | €69,855 | €39,493 | -€30,362 | -43.5% |
| Trade debts | 44 | €645 | €746 | +€101 | +15.7% |
| Suppliers | 440/4 | €645 | €746 | +€101 | +15.7% |
| Taxes, remuneration and social security | 45 | €5,218 | €4,826 | -€391 | -7.5% |
| Taxes | 450/3 | €5,218 | €4,826 | -€391 | -7.5% |
| Other amounts payable | 47/48 | €63,993 | €33,921 | -€30,072 | -47.0% |
| Accrued charges and deferred income | 492/3 | €480 | - | -€480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,113 | €3,752 | +€1,639 | +77.6% |
| Other operating charges | 640/8 | €148 | €213 | +€65 | +44.2% |
| Non-recurring operating charges | 66A | €350 | - | -€350 | |
| Gross operating margin | 9900 | €147,921 | €139,580 | -€8,341 | -5.6% |
| Operating profit (loss) | 9901 | €145,310 | €135,615 | -€9,695 | -6.7% |
| Financial income | 75/76B | €9,937 | €3,241 | -€6,696 | -67.4% |
| Recurring financial income | 75 | €9,937 | €3,241 | -€6,696 | -67.4% |
| Financial charges | 65/66B | €102 | €127 | +€25 | +24.3% |
| Recurring financial charges | 65 | €102 | €127 | +€25 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €155,145 | €138,729 | -€16,416 | -10.6% |
| Income taxes | 67/77 | €35,471 | €30,790 | -€4,681 | -13.2% |
| Profit (loss) for the period | 9904 | €119,674 | €107,938 | -€11,735 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €119,674 | €107,938 | -€11,735 | -9.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.