ARCH: 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.
ARCH
Largest movements
- Cash +€98,340
up €98,340 (+134.3%), from €73,245 to €171,585
mainly Net result for the year (+€172,809) and Depreciation (+€12,743)
- Receivables after one year +€39,022
up €39,022 (+128.4%), from €30,385 to €69,407
- Deferred charges and accrued income +€4,777
up €4,777 (+12.6%), from €37,849 to €42,627
- Receivables within one year +€4,674
up €4,674 (+7797.0%), from €60 to €4,734
- Reserves +€170,000
up €170,000 (+130.8%), from €130,000 to €300,000
- Debts after one year -€10,318
down €10,318 (-100.0%), from €10,318 to €0
- Current portion of long-term debt -€9,679
down €9,679 (-48.4%), from €19,997 to €10,318
- Tax, wage and social debts -€3,933
down €3,933 (-42.2%), from €9,317 to €5,384
of which Taxes: -€7,292
- Gross operating margin +€83,266
up €83,266 (+52.9%), from €157,515 to €240,781
- Taxes +€21,429
up €21,429 (+62.9%), from €34,054 to €55,482
- Depreciation +€6,631
up €6,631 (+108.5%), from €6,111 to €12,743
- Other operating charges -€2,827
down €2,827 (-66.5%), from €4,252 to €1,425
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 | €179,159 | €328,429 | +€149,270 | +83.3% |
| Fixed assets | 21/28 | €37,620 | €40,077 | +€2,457 | +6.5% |
| Tangible fixed assets | 22/27 | €37,620 | €40,077 | +€2,457 | +6.5% |
| Furniture and vehicles | 24 | €37,620 | €40,077 | +€2,457 | +6.5% |
| Current assets | 29/58 | €141,539 | €288,352 | +€146,813 | +103.7% |
| Amounts receivable after more than one year | 29 | €30,385 | €69,407 | +€39,022 | +128.4% |
| Other amounts receivable | 291 | €30,385 | €69,407 | +€39,022 | +128.4% |
| Amounts receivable within one year | 40/41 | €60 | €4,734 | +€4,674 | +7797.0% |
| Other amounts receivable | 41 | €60 | €4,734 | +€4,674 | +7797.0% |
| Cash at bank and in hand | 54/58 | €73,245 | €171,585 | +€98,340 | +134.3% |
| Deferred charges and accrued income | 490/1 | €37,849 | €42,627 | +€4,777 | +12.6% |
| Total equity and liabilities | 10/49 | €179,159 | €328,429 | +€149,270 | +83.3% |
| Equity | 10/15 | €138,967 | €311,776 | +€172,809 | +124.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €130,000 | €300,000 | +€170,000 | +130.8% |
| Distributable reserves | 133 | €130,000 | €300,000 | +€170,000 | +130.8% |
| Profit (loss) carried forward | 14 | €3,967 | €6,776 | +€2,809 | +70.8% |
| Amounts payable | 17/49 | €40,192 | €16,653 | -€23,539 | -58.6% |
| Amounts payable after more than one year | 17 | €10,318 | €0 | -€10,318 | -100.0% |
| Financial debts | 170/4 | €10,318 | €0 | -€10,318 | -100.0% |
| Amounts payable within one year | 42/48 | €29,874 | €16,653 | -€13,221 | -44.3% |
| Current portion of amounts payable after more than one year | 42 | €19,997 | €10,318 | -€9,679 | -48.4% |
| Trade debts | 44 | €560 | €951 | +€391 | +69.7% |
| Suppliers | 440/4 | €560 | €951 | +€391 | +69.7% |
| Taxes, remuneration and social security | 45 | €9,317 | €5,384 | -€3,933 | -42.2% |
| Taxes | 450/3 | €9,317 | €2,025 | -€7,292 | -78.3% |
| Remuneration and social security | 454/9 | - | €3,359 | +€3,359 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,111 | €12,743 | +€6,631 | +108.5% |
| Other operating charges | 640/8 | €4,252 | €1,425 | -€2,827 | -66.5% |
| Gross operating margin | 9900 | €157,515 | €240,781 | +€83,266 | +52.9% |
| Operating profit (loss) | 9901 | €147,151 | €226,614 | +€79,463 | +54.0% |
| Financial income | 75/76B | €885 | €2,743 | +€1,858 | +210.0% |
| Recurring financial income | 75 | €885 | €2,743 | +€1,858 | +210.0% |
| Financial charges | 65/66B | €972 | €1,066 | +€94 | +9.6% |
| Recurring financial charges | 65 | €972 | €1,066 | +€94 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €147,065 | €228,291 | +€81,227 | +55.2% |
| Income taxes | 67/77 | €34,054 | €55,482 | +€21,429 | +62.9% |
| Profit (loss) for the period | 9904 | €113,011 | €172,809 | +€59,798 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €113,011 | €172,809 | +€59,798 | +52.9% |
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 4 October 2026 via checked.be.