ARCHIBULLES: 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.
ARCHIBULLES
Largest movements
- Cash -€13,854
down €13,854 (-33.5%), from €41,315 to €27,461
mainly Net result for the year (-€15,264) and Trade debts (-€4,500)
- Receivables within one year -€2,344
down €2,344 (-48.6%), from €4,825 to €2,481
of which Trade receivables: -€1,694
- Tangible fixed assets -€992
down €992 (-20.4%), from €4,850 to €3,859
- Profit (loss) carried forward -€15,264
down €15,264, from €751 to -€14,513
- Trade debts -€4,500
down €4,500 (-75.1%), from €5,995 to €1,495
of which Suppliers: -€4,449
- Tax, wage and social debts +€2,184
up €2,184 (+18.8%), from €11,633 to €13,818
- Gross operating margin -€54,729
down €54,729, from €40,909 to -€13,820
- Taxes -€11,633
no longer reported in 2025 (was €11,633)
- Depreciation +€883
up €883 (+815.0%), from €108 to €992
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 | €51,380 | €33,800 | -€17,580 | -34.2% |
| Fixed assets | 21/28 | €4,850 | €3,859 | -€992 | -20.4% |
| Tangible fixed assets | 22/27 | €4,850 | €3,859 | -€992 | -20.4% |
| Furniture and vehicles | 24 | €4,850 | €3,859 | -€992 | -20.4% |
| Current assets | 29/58 | €46,530 | €29,941 | -€16,588 | -35.7% |
| Amounts receivable within one year | 40/41 | €4,825 | €2,481 | -€2,344 | -48.6% |
| Trade receivables | 40 | €4,175 | €2,481 | -€1,694 | -40.6% |
| Other amounts receivable | 41 | €650 | - | -€650 | |
| Cash at bank and in hand | 54/58 | €41,315 | €27,461 | -€13,854 | -33.5% |
| Deferred charges and accrued income | 490/1 | €390 | - | -€390 | |
| Total equity and liabilities | 10/49 | €51,380 | €33,800 | -€17,580 | -34.2% |
| Equity | 10/15 | €33,751 | €18,487 | -€15,264 | -45.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €28,000 | €28,000 | = | 0.0% |
| Distributable reserves | 133 | €28,000 | €28,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €751 | -€14,513 | -€15,264 | |
| Amounts payable | 17/49 | €17,629 | €15,313 | -€2,316 | -13.1% |
| Amounts payable within one year | 42/48 | €17,629 | €15,313 | -€2,316 | -13.1% |
| Trade debts | 44 | €5,995 | €1,495 | -€4,500 | -75.1% |
| Suppliers | 440/4 | €5,944 | €1,495 | -€4,449 | -74.8% |
| Bills of exchange payable | 441 | €51 | - | -€51 | |
| Taxes, remuneration and social security | 45 | €11,633 | €13,818 | +€2,184 | +18.8% |
| Taxes | 450/3 | €11,633 | €13,818 | +€2,184 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108 | €992 | +€883 | +815.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €40,909 | -€13,820 | -€54,729 | |
| Operating profit (loss) | 9901 | €40,413 | -€15,212 | -€55,625 | |
| Financial charges | 65/66B | €28 | €52 | +€24 | +82.9% |
| Recurring financial charges | 65 | €28 | €52 | +€24 | +82.9% |
| Profit (loss) for the period before taxes | 9903 | €40,384 | -€15,264 | -€55,648 | |
| Income taxes | 67/77 | €11,633 | - | -€11,633 | |
| Profit (loss) for the period | 9904 | €28,751 | -€15,264 | -€44,015 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,751 | -€15,264 | -€44,015 |
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 6 October 2026 via checked.be.