ARCENI: 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.
ARCENI
Largest movements
- Cash +€71,867
up €71,867 (+1260.6%), from €5,701 to €77,568
mainly Net result for the year (+€58,438) and Receivables within one year (+€18,081)
- Receivables within one year -€18,081
down €18,081 (-85.7%), from €21,099 to €3,018
of which Trade receivables: -€18,081
- Tangible fixed assets -€3,169
down €3,169 (-12.2%), from €25,887 to €22,718
- Deferred charges and accrued income +€1,153
up €1,153 (+436.7%), from €264 to €1,417
- Reserves +€58,438
up €58,438 (+1054.9%), from €5,540 to €63,978
- Other debts -€6,850
down €6,850 (-69.5%), from €9,858 to €3,008
- Tax, wage and social debts +€6,738
up €6,738 (+106.5%), from €6,324 to €13,062
- Debts after one year -€5,244
down €5,244 (-24.9%), from €21,030 to €15,786
- Trade debts -€1,507
down €1,507 (-97.2%), from €1,550 to €43
- Gross operating margin +€79,770
up €79,770 (+818.7%), from €9,743 to €89,514
- Taxes +€21,249
up €21,249 (+935.0%), from €2,273 to €23,522
- Depreciation +€4,365
up €4,365 (+322.2%), from €1,355 to €5,719
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 | €52,950 | €104,721 | +€51,770 | +97.8% |
| Fixed assets | 21/28 | €25,887 | €22,718 | -€3,169 | -12.2% |
| Tangible fixed assets | 22/27 | €25,887 | €22,718 | -€3,169 | -12.2% |
| Furniture and vehicles | 24 | €25,887 | €22,718 | -€3,169 | -12.2% |
| Current assets | 29/58 | €27,064 | €82,003 | +€54,939 | +203.0% |
| Amounts receivable within one year | 40/41 | €21,099 | €3,018 | -€18,081 | -85.7% |
| Trade receivables | 40 | €21,099 | €3,018 | -€18,081 | -85.7% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €5,701 | €77,568 | +€71,867 | +1260.6% |
| Deferred charges and accrued income | 490/1 | €264 | €1,417 | +€1,153 | +436.7% |
| Total equity and liabilities | 10/49 | €52,950 | €104,721 | +€51,770 | +97.8% |
| Equity | 10/15 | €9,140 | €67,578 | +€58,438 | +639.4% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €5,540 | €63,978 | +€58,438 | +1054.9% |
| Distributable reserves | 133 | €5,540 | €63,978 | +€58,438 | +1054.9% |
| Amounts payable | 17/49 | €43,811 | €37,143 | -€6,668 | -15.2% |
| Amounts payable after more than one year | 17 | €21,030 | €15,786 | -€5,244 | -24.9% |
| Financial debts | 170/4 | €21,030 | €15,786 | -€5,244 | -24.9% |
| Amounts payable within one year | 42/48 | €22,731 | €21,357 | -€1,374 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €4,999 | €5,244 | +€245 | +4.9% |
| Trade debts | 44 | €1,550 | €43 | -€1,507 | -97.2% |
| Suppliers | 440/4 | €1,550 | €43 | -€1,507 | -97.2% |
| Taxes, remuneration and social security | 45 | €6,324 | €13,062 | +€6,738 | +106.5% |
| Taxes | 450/3 | €6,324 | €13,062 | +€6,738 | +106.5% |
| Other amounts payable | 47/48 | €9,858 | €3,008 | -€6,850 | -69.5% |
| Accrued charges and deferred income | 492/3 | €50 | - | -€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,355 | €5,719 | +€4,365 | +322.2% |
| Other operating charges | 640/8 | €247 | €696 | +€449 | +181.5% |
| Gross operating margin | 9900 | €9,743 | €89,514 | +€79,770 | +818.7% |
| Operating profit (loss) | 9901 | €8,141 | €83,098 | +€74,957 | +920.7% |
| Financial income | 75/76B | - | €80 | +€80 | |
| Recurring financial income | 75 | - | €80 | +€80 | |
| Financial charges | 65/66B | €329 | €1,219 | +€890 | +270.4% |
| Recurring financial charges | 65 | €329 | €1,219 | +€890 | +270.4% |
| Profit (loss) for the period before taxes | 9903 | €7,812 | €81,960 | +€74,147 | +949.1% |
| Income taxes | 67/77 | €2,273 | €23,522 | +€21,249 | +935.0% |
| Profit (loss) for the period | 9904 | €5,540 | €58,438 | +€52,899 | +954.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,540 | €58,438 | +€52,899 | +954.9% |
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 10 October 2026 via checked.be.