ARCHECO: 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.
ARCHECO
Largest movements
- Deferred charges and accrued income +€69,958
up €69,958 (+621.8%), from €11,251 to €81,209
- Receivables after one year -€43,685
no longer reported in 2025 (was €43,685)
- Tangible fixed assets -€8,261
down €8,261 (-60.0%), from €13,779 to €5,518
of which Leasing and similar rights: -€6,372
- Cash +€6,039
up €6,039 (+222.5%), from €2,714 to €8,754
- Receivables within one year -€1,384
down €1,384 (-9.1%), from €15,156 to €13,772
of which Trade receivables: -€7,614
- Other debts +€16,332
up €16,332 (+9574.5%), from €171 to €16,503
- Current portion of long-term debt +€9,523
up €9,523 (+161.0%), from €5,915 to €15,438
- Debts after one year -€5,438
no longer reported in 2025 (was €5,438)
- Tax, wage and social debts -€3,860
down €3,860 (-91.8%), from €4,205 to €345
- Reserves +€3,446
up €3,446 (+113.2%), from €3,043 to €6,489
of which Distributable reserves: +€3,446
- Gross operating margin +€5,900
up €5,900 (+31.7%), from €18,591 to €24,491
- Taxes +€2,547
up €2,547 (+80.1%), from €3,181 to €5,728
- Financial income -€1,307
down €1,307 (-100.0%), from €1,307 to €0
- Depreciation +€1,108
up €1,108 (+15.5%), from €7,153 to €8,261
- Other operating charges +€471
up €471 (+13.6%), from €3,467 to €3,938
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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,585 | €109,253 | +€22,667 | +26.2% |
| Fixed assets | 21/28 | €13,779 | €5,518 | -€8,261 | -60.0% |
| Tangible fixed assets | 22/27 | €13,779 | €5,518 | -€8,261 | -60.0% |
| Land and buildings | 22 | €1,148 | €748 | -€400 | -34.9% |
| Furniture and vehicles | 24 | €2,716 | €1,227 | -€1,489 | -54.8% |
| Leasing and similar rights | 25 | €9,916 | €3,544 | -€6,372 | -64.3% |
| Current assets | 29/58 | €72,806 | €103,735 | +€30,928 | +42.5% |
| Amounts receivable after more than one year | 29 | €43,685 | - | -€43,685 | |
| Other amounts receivable | 291 | €43,685 | - | -€43,685 | |
| Amounts receivable within one year | 40/41 | €15,156 | €13,772 | -€1,384 | -9.1% |
| Trade receivables | 40 | €13,998 | €6,383 | -€7,614 | -54.4% |
| Other amounts receivable | 41 | €1,158 | €7,389 | +€6,231 | +538.1% |
| Cash at bank and in hand | 54/58 | €2,714 | €8,754 | +€6,039 | +222.5% |
| Deferred charges and accrued income | 490/1 | €11,251 | €81,209 | +€69,958 | +621.8% |
| Total equity and liabilities | 10/49 | €86,585 | €109,253 | +€22,667 | +26.2% |
| Equity | 10/15 | €69,979 | €73,425 | +€3,446 | +4.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,043 | €6,489 | +€3,446 | +113.2% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €2,423 | €5,869 | +€3,446 | +142.2% |
| Profit (loss) carried forward | 14 | €60,736 | €60,736 | = | 0.0% |
| Amounts payable | 17/49 | €16,606 | €35,828 | +€19,222 | +115.8% |
| Amounts payable after more than one year | 17 | €5,438 | - | -€5,438 | |
| Financial debts | 170/4 | €5,438 | - | -€5,438 | |
| Amounts payable within one year | 42/48 | €10,928 | €35,642 | +€24,714 | +226.2% |
| Current portion of amounts payable after more than one year | 42 | €5,915 | €15,438 | +€9,523 | +161.0% |
| Trade debts | 44 | €638 | €3,357 | +€2,719 | +426.4% |
| Suppliers | 440/4 | €638 | €3,357 | +€2,719 | +426.4% |
| Taxes, remuneration and social security | 45 | €4,205 | €345 | -€3,860 | -91.8% |
| Taxes | 450/3 | €4,205 | €345 | -€3,860 | -91.8% |
| Other amounts payable | 47/48 | €171 | €16,503 | +€16,332 | +9574.5% |
| Accrued charges and deferred income | 492/3 | €240 | €186 | -€55 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,153 | €8,261 | +€1,108 | +15.5% |
| Other operating charges | 640/8 | €3,467 | €3,938 | +€471 | +13.6% |
| Non-recurring operating charges | 66A | €566 | - | -€566 | |
| Gross operating margin | 9900 | €18,591 | €24,491 | +€5,900 | +31.7% |
| Operating profit (loss) | 9901 | €7,404 | €12,292 | +€4,888 | +66.0% |
| Financial income | 75/76B | €1,307 | €0 | -€1,307 | -100.0% |
| Recurring financial income | 75 | €1,307 | €0 | -€1,307 | -100.0% |
| Financial charges | 65/66B | €3,107 | €3,119 | +€12 | +0.4% |
| Recurring financial charges | 65 | €3,107 | €3,119 | +€12 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €5,604 | €9,174 | +€3,570 | +63.7% |
| Income taxes | 67/77 | €3,181 | €5,728 | +€2,547 | +80.1% |
| Profit (loss) for the period | 9904 | €2,423 | €3,446 | +€1,022 | +42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,423 | €3,446 | +€1,022 | +42.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.