ARCHER ASSOCIATES: 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.
ARCHER ASSOCIATES
Largest movements
- Receivables within one year -€6,579
down €6,579 (-16.4%), from €40,131 to €33,552
of which Trade receivables: -€7,854
- Cash -€4,082
down €4,082 (-28.3%), from €14,426 to €10,344
mainly Other debts (-€6,519) and Tax, wage and social debts (-€5,766)
- Other debts -€6,519
down €6,519 (-28.6%), from €22,830 to €16,311
- Tax, wage and social debts -€5,766
down €5,766 (-75.6%), from €7,632 to €1,866
- Profit (loss) carried forward +€1,786
up €1,786 (+10.1%), from €17,670 to €19,456
- Gross operating margin -€1,781
down €1,781 (-32.9%), from €5,413 to €3,632
- Taxes -€848
down €848 (-51.4%), from €1,650 to €802
- Depreciation -€358
no longer reported in 2024 (was €358)
- Other operating charges +€131
up €131 (+18.7%), from €699 to €830
- Financial charges +€118
up €118 (+123%), from €96 to €214
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,790 | €46,129 | -€10,661 | -18.8% |
| Formation expenses | 20 | €433 | €433 | = | 0.0% |
| Fixed assets | 21/28 | €1,800 | €1,800 | = | 0.0% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €54,557 | €43,896 | -€10,661 | -19.5% |
| Amounts receivable within one year | 40/41 | €40,131 | €33,552 | -€6,579 | -16.4% |
| Trade receivables | 40 | €39,331 | €31,477 | -€7,854 | -20.0% |
| Other amounts receivable | 41 | €800 | €2,075 | +€1,275 | +159% |
| Cash at bank and in hand | 54/58 | €14,426 | €10,344 | -€4,082 | -28.3% |
| Total equity and liabilities | 10/49 | €56,790 | €46,129 | -€10,661 | -18.8% |
| Equity | 10/15 | €24,808 | €26,594 | +€1,786 | +7.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €938 | €938 | = | 0.0% |
| Non-distributable reserves | 130/1 | €938 | €938 | = | 0.0% |
| Legal reserve | 130 | €938 | €938 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,670 | €19,456 | +€1,786 | +10.1% |
| Amounts payable | 17/49 | €31,982 | €19,535 | -€12,447 | -38.9% |
| Amounts payable within one year | 42/48 | €31,982 | €19,535 | -€12,447 | -38.9% |
| Trade debts | 44 | €1,520 | €1,358 | -€162 | -10.7% |
| Suppliers | 440/4 | €1,520 | €1,358 | -€162 | -10.7% |
| Taxes, remuneration and social security | 45 | €7,632 | €1,866 | -€5,766 | -75.6% |
| Taxes | 450/3 | €7,632 | €1,866 | -€5,766 | -75.6% |
| Other amounts payable | 47/48 | €22,830 | €16,311 | -€6,519 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | - | -€358 | |
| Other operating charges | 640/8 | €699 | €830 | +€131 | +18.7% |
| Gross operating margin | 9900 | €5,413 | €3,632 | -€1,781 | -32.9% |
| Operating profit (loss) | 9901 | €4,356 | €2,802 | -€1,554 | -35.7% |
| Financial charges | 65/66B | €96 | €214 | +€118 | +123% |
| Recurring financial charges | 65 | €96 | €214 | +€118 | +123% |
| Profit (loss) for the period before taxes | 9903 | €4,260 | €2,588 | -€1,672 | -39.2% |
| Income taxes | 67/77 | €1,650 | €802 | -€848 | -51.4% |
| Profit (loss) for the period | 9904 | €2,610 | €1,786 | -€824 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,610 | €1,786 | -€824 | -31.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.