ARCHIE & BOLD: 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.
ARCHIE & BOLD
Largest movements
- Tangible fixed assets +€15,114
up €15,114 (+330%), from €4,585 to €19,699
of which Land and buildings: +€8,262
- Cash -€6,355
down €6,355 (-32.9%), from €19,338 to €12,983
- Receivables within one year -€3,315
down €3,315 (-12.0%), from €27,628 to €24,313
of which Other amounts receivable: -€4,299
- Reserves +€16,791
up €16,791 (+52.1%), from €32,230 to €49,021
of which Distributable reserves: +€16,791
- Tax, wage and social debts -€7,085
down €7,085 (-51.6%), from €13,738 to €6,653
- Trade debts -€3,818
down €3,818 (-92.2%), from €4,139 to €321
- Gross operating margin -€55,798
down €55,798 (-94.5%), from €59,024 to €3,226
- Staff costs -€41,068
no longer reported in 2025 (was €41,068)
- Depreciation +€3,302
up €3,302 (+121%), from €2,740 to €6,042
- Taxes -€889
down €889 (-52.7%), from €1,688 to €799
- Financial charges -€670
down €670 (-83.2%), from €805 to €135
From the 2022 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
A cash bridge needs two consecutive financial 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 | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,551 | €56,995 | +€5,444 | +10.6% |
| Fixed assets | 21/28 | €4,585 | €19,699 | +€15,114 | +330% |
| Tangible fixed assets | 22/27 | €4,585 | €19,699 | +€15,114 | +330% |
| Land and buildings | 22 | - | €8,262 | +€8,262 | |
| Plant, machinery and equipment | 23 | - | €73 | +€73 | |
| Furniture and vehicles | 24 | €4,585 | €11,364 | +€6,779 | +148% |
| Current assets | 29/58 | €46,966 | €37,296 | -€9,670 | -20.6% |
| Amounts receivable within one year | 40/41 | €27,628 | €24,313 | -€3,315 | -12.0% |
| Trade receivables | 40 | €19,786 | €20,770 | +€984 | +5.0% |
| Other amounts receivable | 41 | €7,842 | €3,543 | -€4,299 | -54.8% |
| Cash at bank and in hand | 54/58 | €19,338 | €12,983 | -€6,355 | -32.9% |
| Total equity and liabilities | 10/49 | €51,551 | €56,995 | +€5,444 | +10.6% |
| Equity | 10/15 | €33,230 | €50,021 | +€16,791 | +50.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €32,230 | €49,021 | +€16,791 | +52.1% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €32,130 | €48,921 | +€16,791 | +52.3% |
| Amounts payable | 17/49 | €18,321 | €6,974 | -€11,347 | -61.9% |
| Amounts payable within one year | 42/48 | €18,321 | €6,974 | -€11,347 | -61.9% |
| Financial debts | 43 | €444 | - | -€444 | |
| Other loans | 439 | €444 | - | -€444 | |
| Trade debts | 44 | €4,139 | €321 | -€3,818 | -92.2% |
| Suppliers | 440/4 | €4,139 | €321 | -€3,818 | -92.2% |
| Taxes, remuneration and social security | 45 | €13,738 | €6,653 | -€7,085 | -51.6% |
| Taxes | 450/3 | €13,738 | €6,653 | -€7,085 | -51.6% |
| Remuneration, social security and pensions | 62 | €41,068 | - | -€41,068 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,740 | €6,042 | +€3,302 | +121% |
| Other operating charges | 640/8 | €410 | €62 | -€348 | -84.9% |
| Gross operating margin | 9900 | €59,024 | €3,226 | -€55,798 | -94.5% |
| Operating profit (loss) | 9901 | €14,806 | -€2,878 | -€17,684 | |
| Financial charges | 65/66B | €805 | €135 | -€670 | -83.2% |
| Recurring financial charges | 65 | €805 | €135 | -€670 | -83.2% |
| Profit (loss) for the period before taxes | 9903 | €14,001 | -€3,013 | -€17,014 | |
| Income taxes | 67/77 | €1,688 | €799 | -€889 | -52.7% |
| Profit (loss) for the period | 9904 | €12,313 | -€3,812 | -€16,125 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,313 | -€3,812 | -€16,125 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.