ARCHIBETON: 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.
ARCHIBETON
Largest movements
- Receivables within one year -€794,089
down €794,089 (-38.4%), from €2.1m to €1.3m
of which Trade receivables: -€895,069
- Cash +€194,795
up €194,795 (+352%), from €55,330 to €250,125
mainly Receivables within one year (+€794,089) and Short-term financial debts (+€502,251)
- Tangible fixed assets -€158,193
down €158,193 (-11.9%), from €1.3m to €1.2m
of which Plant, machinery and equipment: -€122,656
- Stocks and contracts +€42,252
up €42,252 (+12.2%), from €345,472 to €387,724
- Trade debts -€982,463
down €982,463 (-70.4%), from €1.4m to €412,912
- Short-term financial debts +€502,251
up €502,251 (+100%), from €500,000 to €1.0m
- Debts after one year -€226,389
down €226,389 (-23.7%), from €953,304 to €726,915
- Tax, wage and social debts -€85,751
down €85,751 (-44.0%), from €194,788 to €109,037
of which Taxes: -€83,068
- Reserves +€69,123
up €69,123 (+13.9%), from €498,205 to €567,328
- Depreciation +€37,419
up €37,419 (+22.2%), from €168,575 to €205,994
- Staff costs -€36,596
down €36,596 (-6.7%), from €543,211 to €506,615
- Gross operating margin +€33,662
up €33,662 (+3.8%), from €880,972 to €914,634
- Financial charges +€26,782
up €26,782 (+55.0%), from €48,701 to €75,483
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 | €3,807,487 | €3,094,383 | -€713,104 | -18.7% |
| Fixed assets | 21/28 | €1,332,213 | €1,174,020 | -€158,193 | -11.9% |
| Tangible fixed assets | 22/27 | €1,332,213 | €1,174,020 | -€158,193 | -11.9% |
| Plant, machinery and equipment | 23 | €930,331 | €807,675 | -€122,656 | -13.2% |
| Furniture and vehicles | 24 | €36,237 | €47,191 | +€10,954 | +30.2% |
| Leasing and similar rights | 25 | €365,645 | €319,154 | -€46,491 | -12.7% |
| Current assets | 29/58 | €2,475,274 | €1,920,363 | -€554,911 | -22.4% |
| Stocks and contracts in progress | 3 | €345,472 | €387,724 | +€42,252 | +12.2% |
| Stocks | 30/36 | €345,472 | €387,724 | +€42,252 | +12.2% |
| Amounts receivable within one year | 40/41 | €2,069,580 | €1,275,491 | -€794,089 | -38.4% |
| Trade receivables | 40 | €1,658,501 | €763,432 | -€895,069 | -54.0% |
| Other amounts receivable | 41 | €411,079 | €512,058 | +€100,979 | +24.6% |
| Cash at bank and in hand | 54/58 | €55,330 | €250,125 | +€194,795 | +352% |
| Deferred charges and accrued income | 490/1 | €4,892 | €7,023 | +€2,132 | +43.6% |
| Total equity and liabilities | 10/49 | €3,807,487 | €3,094,383 | -€713,104 | -18.7% |
| Equity | 10/15 | €529,192 | €598,315 | +€69,123 | +13.1% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €498,205 | €567,328 | +€69,123 | +13.9% |
| Distributable reserves | 133 | €498,205 | €567,328 | +€69,123 | +13.9% |
| Amounts payable | 17/49 | €3,278,295 | €2,496,068 | -€782,227 | -23.9% |
| Amounts payable after more than one year | 17 | €953,304 | €726,915 | -€226,389 | -23.7% |
| Financial debts | 170/4 | €953,304 | €726,915 | -€226,389 | -23.7% |
| Amounts payable within one year | 42/48 | €2,324,991 | €1,769,153 | -€555,838 | -23.9% |
| Current portion of amounts payable after more than one year | 42 | €234,828 | €244,952 | +€10,125 | +4.3% |
| Financial debts | 43 | €500,000 | €1,002,251 | +€502,251 | +100% |
| Credit institutions | 430/8 | €500,000 | €1,002,251 | +€502,251 | +100% |
| Trade debts | 44 | €1,395,375 | €412,912 | -€982,463 | -70.4% |
| Suppliers | 440/4 | €1,395,375 | €412,912 | -€982,463 | -70.4% |
| Taxes, remuneration and social security | 45 | €194,788 | €109,037 | -€85,751 | -44.0% |
| Taxes | 450/3 | €151,956 | €68,888 | -€83,068 | -54.7% |
| Remuneration and social security | 454/9 | €42,832 | €40,148 | -€2,684 | -6.3% |
| Remuneration, social security and pensions | 62 | €543,211 | €506,615 | -€36,596 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €168,575 | €205,994 | +€37,419 | +22.2% |
| Other operating charges | 640/8 | €24,786 | €25,805 | +€1,019 | +4.1% |
| Gross operating margin | 9900 | €880,972 | €914,634 | +€33,662 | +3.8% |
| Operating profit (loss) | 9901 | €144,399 | €176,220 | +€31,821 | +22.0% |
| Financial income | 75/76B | €1,814 | €0 | -€1,814 | -100.0% |
| Recurring financial income | 75 | €1,814 | €0 | -€1,814 | -100.0% |
| Financial charges | 65/66B | €48,701 | €75,483 | +€26,782 | +55.0% |
| Recurring financial charges | 65 | €48,701 | €75,483 | +€26,782 | +55.0% |
| Profit (loss) for the period before taxes | 9903 | €97,512 | €100,737 | +€3,225 | +3.3% |
| Income taxes | 67/77 | €27,085 | €31,614 | +€4,530 | +16.7% |
| Profit (loss) for the period | 9904 | €70,427 | €69,123 | -€1,304 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €70,427 | €69,123 | -€1,304 | -1.9% |
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 21 October 2026 via checked.be.