ARCHAEOPTERYX: 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.
ARCHAEOPTERYX
Largest movements
- Stocks and contracts +€116,207
up €116,207 (+5.7%), from €2.0m to €2.2m
- Cash -€79,309
down €79,309 (-75.7%), from €104,827 to €25,518
mainly Short-term financial debts (-€389,800) and Stocks and contracts (-€116,207)
- Advances received +€433,525
up €433,525 (+41.4%), from €1.0m to €1.5m
- Short-term financial debts -€389,800
down €389,800 (-60.9%), from €640,000 to €250,200
- Gross operating margin -€28,843
down €28,843 (-80.3%), from €35,904 to €7,061
- Financial charges -€17,922
down €17,922 (-34.8%), from €51,572 to €33,650
- Financial income -€2,491
down €2,491 (-15.0%), from €16,627 to €14,136
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 | €2,901,589 | €2,933,543 | +€31,955 | +1.1% |
| Fixed assets | 21/28 | €741,471 | €745,372 | +€3,900 | +0.5% |
| Financial fixed assets | 28 | €741,471 | €745,372 | +€3,900 | +0.5% |
| Current assets | 29/58 | €2,160,117 | €2,188,171 | +€28,054 | +1.3% |
| Stocks and contracts in progress | 3 | €2,045,414 | €2,161,621 | +€116,207 | +5.7% |
| Stocks | 30/36 | €2,045,414 | €2,161,621 | +€116,207 | +5.7% |
| Amounts receivable within one year | 40/41 | €8,673 | €158 | -€8,515 | -98.2% |
| Trade receivables | 40 | €6,200 | €0 | -€6,200 | -100% |
| Other amounts receivable | 41 | €2,472 | €158 | -€2,315 | -93.6% |
| Cash at bank and in hand | 54/58 | €104,827 | €25,518 | -€79,309 | -75.7% |
| Deferred charges and accrued income | 490/1 | €1,203 | €875 | -€329 | -27.3% |
| Total equity and liabilities | 10/49 | €2,901,589 | €2,933,543 | +€31,955 | +1.1% |
| Equity | 10/15 | €609,340 | €596,761 | -€12,579 | -2.1% |
| Contributions | 10/11 | €496,035 | €496,035 | = | 0.0% |
| Capital | 10 | €496,035 | €496,035 | = | 0.0% |
| Issued capital | 100 | €496,035 | €496,035 | = | 0.0% |
| Reserves | 13 | €113,305 | €100,726 | -€12,579 | -11.1% |
| Non-distributable reserves | 130/1 | €25,272 | €25,272 | = | 0.0% |
| Legal reserve | 130 | €25,272 | €25,272 | = | 0.0% |
| Distributable reserves | 133 | €88,033 | €75,454 | -€12,579 | -14.3% |
| Amounts payable | 17/49 | €2,292,249 | €2,336,782 | +€44,534 | +1.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €2,290,355 | €2,336,388 | +€46,033 | +2.0% |
| Financial debts | 43 | €640,000 | €250,200 | -€389,800 | -60.9% |
| Credit institutions | 430/8 | €640,000 | €250,200 | -€389,800 | -60.9% |
| Trade debts | 44 | €23,786 | €9,063 | -€14,722 | -61.9% |
| Suppliers | 440/4 | €23,786 | €9,063 | -€14,722 | -61.9% |
| Advances received on contracts in progress | 46 | €1,046,716 | €1,480,241 | +€433,525 | +41.4% |
| Taxes, remuneration and social security | 45 | €1,983 | €8,108 | +€6,125 | +309% |
| Taxes | 450/3 | €1,983 | €8,108 | +€6,125 | +309% |
| Other amounts payable | 47/48 | €577,869 | €588,775 | +€10,905 | +1.9% |
| Accrued charges and deferred income | 492/3 | €1,894 | €395 | -€1,499 | -79.2% |
| Non-recurring operating income | 76A | €5,137 | €0 | -€5,137 | -100% |
| Other operating charges | 640/8 | €383 | €126 | -€257 | -67.1% |
| Gross operating margin | 9900 | €35,904 | €7,061 | -€28,843 | -80.3% |
| Operating profit (loss) | 9901 | €35,521 | €6,935 | -€28,586 | -80.5% |
| Financial income | 75/76B | €16,627 | €14,136 | -€2,491 | -15.0% |
| Recurring financial income | 75 | €16,627 | €14,136 | -€2,491 | -15.0% |
| Financial charges | 65/66B | €51,572 | €33,650 | -€17,922 | -34.8% |
| Recurring financial charges | 65 | €51,572 | €33,650 | -€17,922 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €575 | -€12,579 | -€13,155 | |
| Profit (loss) for the period | 9904 | €575 | -€12,579 | -€13,155 | |
| Profit (loss) for the period to be appropriated | 9905 | €575 | -€12,579 | -€13,155 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.