ARCATRAD: 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.
ARCATRAD
Largest movements
- Cash -€2,534
down €2,534 (-2.5%), from €101,347 to €98,813
mainly Contributions, distributions and other (-€84,956) and Investment in fixed assets (net) (-€2,761)
- Tangible fixed assets +€1,542
up €1,542 (+51.3%), from €3,009 to €4,551
- Reserves -€49,194
down €49,194 (-94.9%), from €51,816 to €2,623
of which Distributable reserves: -€49,194
- Other debts +€46,031
up €46,031 (+113.7%), from €40,498 to €86,529
- Tax, wage and social debts +€1,558
up €1,558 (+13.8%), from €11,262 to €12,819
of which Taxes: +€2,328
- Depreciation -€4,331
down €4,331 (-78.0%), from €5,550 to €1,219
- Gross operating margin +€2,510
up €2,510 (+5.1%), from €49,285 to €51,796
- Taxes +€1,427
up €1,427 (+11.8%), from €12,110 to €13,537
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 | €123,515 | €121,770 | -€1,745 | -1.4% |
| Fixed assets | 21/28 | €3,039 | €4,581 | +€1,542 | +50.8% |
| Tangible fixed assets | 22/27 | €3,009 | €4,551 | +€1,542 | +51.3% |
| Furniture and vehicles | 24 | €3,009 | €4,551 | +€1,542 | +51.3% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €120,476 | €117,189 | -€3,288 | -2.7% |
| Amounts receivable within one year | 40/41 | €19,129 | €18,375 | -€754 | -3.9% |
| Trade receivables | 40 | €15,539 | €15,821 | +€283 | +1.8% |
| Other amounts receivable | 41 | €3,591 | €2,554 | -€1,037 | -28.9% |
| Cash at bank and in hand | 54/58 | €101,347 | €98,813 | -€2,534 | -2.5% |
| Total equity and liabilities | 10/49 | €123,515 | €121,770 | -€1,745 | -1.4% |
| Equity | 10/15 | €70,416 | €21,223 | -€49,194 | -69.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,816 | €2,623 | -€49,194 | -94.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €49,956 | €763 | -€49,194 | -98.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,099 | €100,547 | +€47,448 | +89.4% |
| Amounts payable within one year | 42/48 | €52,691 | €100,189 | +€47,498 | +90.1% |
| Trade debts | 44 | €931 | €841 | -€91 | -9.7% |
| Suppliers | 440/4 | €931 | €841 | -€91 | -9.7% |
| Taxes, remuneration and social security | 45 | €11,262 | €12,819 | +€1,558 | +13.8% |
| Taxes | 450/3 | €10,492 | €12,819 | +€2,328 | +22.2% |
| Remuneration and social security | 454/9 | €770 | €0 | -€770 | -100.0% |
| Other amounts payable | 47/48 | €40,498 | €86,529 | +€46,031 | +113.7% |
| Accrued charges and deferred income | 492/3 | €407 | €358 | -€49 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,550 | €1,219 | -€4,331 | -78.0% |
| Other operating charges | 640/8 | €739 | €758 | +€19 | +2.6% |
| Gross operating margin | 9900 | €49,285 | €51,796 | +€2,510 | +5.1% |
| Operating profit (loss) | 9901 | €42,996 | €49,819 | +€6,823 | +15.9% |
| Financial income | 75/76B | €56 | €0 | -€56 | -100.0% |
| Recurring financial income | 75 | €56 | €0 | -€56 | -100.0% |
| Financial charges | 65/66B | €423 | €519 | +€96 | +22.8% |
| Recurring financial charges | 65 | €423 | €519 | +€96 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €42,628 | €49,300 | +€6,671 | +15.6% |
| Income taxes | 67/77 | €12,110 | €13,537 | +€1,427 | +11.8% |
| Profit (loss) for the period | 9904 | €30,518 | €35,763 | +€5,244 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,518 | €35,763 | +€5,244 | +17.2% |
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 11 October 2026 via checked.be.