ARCHEX: 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.
ARCHEX
Largest movements
- Cash +€51,874
up €51,874 (+106.4%), from €48,735 to €100,609
mainly Net result for the year (+€52,416) and Receivables within one year (+€12,016)
- Receivables within one year -€12,016
down €12,016 (-14.2%), from €84,834 to €72,818
of which Trade receivables: -€6,527
- Tangible fixed assets -€4,155
down €4,155 (-100.0%), from €4,155 to €0
- Reserves +€28,712
up €28,712 (+43.5%), from €65,954 to €94,666
- Profit (loss) carried forward +€23,703
up €23,703 (+92.7%), from -€25,562 to -€1,859
- Other debts -€15,232
down €15,232 (-22.2%), from €68,538 to €53,306
- Tax, wage and social debts +€4,839
up €4,839 (+231.0%), from €2,095 to €6,935
- Current portion of long-term debt -€3,591
no longer reported in 2025 (was €3,591)
- Gross operating margin +€68,860
up €68,860 (+706.7%), from €9,744 to €78,603
- Taxes +€24,014
up €24,014 (+5210.5%), from €461 to €24,475
- Depreciation -€8,518
down €8,518 (-67.2%), from €12,673 to €4,155
- Financial income +€2,639
new in 2025: €2,639
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 | €138,910 | €174,160 | +€35,250 | +25.4% |
| Fixed assets | 21/28 | €4,155 | €0 | -€4,155 | -100.0% |
| Tangible fixed assets | 22/27 | €4,155 | €0 | -€4,155 | -100.0% |
| Furniture and vehicles | 24 | €4,155 | €0 | -€4,155 | -100.0% |
| Current assets | 29/58 | €134,754 | €174,160 | +€39,406 | +29.2% |
| Amounts receivable within one year | 40/41 | €84,834 | €72,818 | -€12,016 | -14.2% |
| Trade receivables | 40 | €63,305 | €56,779 | -€6,527 | -10.3% |
| Other amounts receivable | 41 | €21,529 | €16,039 | -€5,490 | -25.5% |
| Cash at bank and in hand | 54/58 | €48,735 | €100,609 | +€51,874 | +106.4% |
| Deferred charges and accrued income | 490/1 | €1,185 | €733 | -€452 | -38.1% |
| Total equity and liabilities | 10/49 | €138,910 | €174,160 | +€35,250 | +25.4% |
| Equity | 10/15 | €58,984 | €111,399 | +€52,416 | +88.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €65,954 | €94,666 | +€28,712 | +43.5% |
| Distributable reserves | 133 | €65,954 | €94,666 | +€28,712 | +43.5% |
| Profit (loss) carried forward | 14 | -€25,562 | -€1,859 | +€23,703 | +92.7% |
| Amounts payable | 17/49 | €79,926 | €62,761 | -€17,165 | -21.5% |
| Amounts payable within one year | 42/48 | €79,926 | €62,425 | -€17,501 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €3,591 | - | -€3,591 | |
| Trade debts | 44 | €5,483 | €2,184 | -€3,299 | -60.2% |
| Suppliers | 440/4 | €5,483 | €2,184 | -€3,299 | -60.2% |
| Advances received on contracts in progress | 46 | €219 | - | -€219 | |
| Taxes, remuneration and social security | 45 | €2,095 | €6,935 | +€4,839 | +231.0% |
| Taxes | 450/3 | €2,095 | €6,935 | +€4,839 | +231.0% |
| Other amounts payable | 47/48 | €68,538 | €53,306 | -€15,232 | -22.2% |
| Accrued charges and deferred income | 492/3 | - | €336 | +€336 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,673 | €4,155 | -€8,518 | -67.2% |
| Gross operating margin | 9900 | €9,744 | €78,603 | +€68,860 | +706.7% |
| Operating profit (loss) | 9901 | -€2,929 | €74,448 | +€77,377 | |
| Financial income | 75/76B | - | €2,639 | +€2,639 | |
| Recurring financial income | 75 | - | €2,639 | +€2,639 | |
| Financial charges | 65/66B | €472 | €197 | -€275 | -58.3% |
| Recurring financial charges | 65 | €472 | €197 | -€275 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,401 | €76,890 | +€80,291 | |
| Income taxes | 67/77 | €461 | €24,475 | +€24,014 | +5210.5% |
| Profit (loss) for the period | 9904 | -€3,862 | €52,416 | +€56,278 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,862 | €52,416 | +€56,278 |
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 28 September 2026 via checked.be.