ARCHIFIN: 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.
ARCHIFIN
Largest movements
- Stocks and contracts +€300,821
up €300,821 (+136.0%), from €221,165 to €521,986
- Receivables within one year +€14,429
up €14,429 (+4.7%), from €306,053 to €320,482
- Other debts +€301,443
up €301,443 (+3189.6%), from €9,451 to €310,894
- Reserves +€20,133
up €20,133 (+4.1%), from €494,422 to €514,556
of which Distributable reserves: +€20,133
- Short-term financial debts -€15,000
no longer reported in 2025 (was €15,000)
- Gross operating margin -€44,899
down €44,899 (-67.4%), from €66,664 to €21,765
- Taxes -€13,663
down €13,663 (-66.0%), from €20,697 to €7,033
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 | €548,528 | €859,299 | +€310,771 | +56.7% |
| Fixed assets | 21/28 | €7,632 | €5,182 | -€2,451 | -32.1% |
| Tangible fixed assets | 22/27 | €7,607 | €5,157 | -€2,451 | -32.2% |
| Plant, machinery and equipment | 23 | €858 | €535 | -€323 | -37.7% |
| Furniture and vehicles | 24 | €6,749 | €4,622 | -€2,128 | -31.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €540,895 | €854,117 | +€313,222 | +57.9% |
| Stocks and contracts in progress | 3 | €221,165 | €521,986 | +€300,821 | +136.0% |
| Stocks | 30/36 | €221,165 | €521,986 | +€300,821 | +136.0% |
| Amounts receivable within one year | 40/41 | €306,053 | €320,482 | +€14,429 | +4.7% |
| Other amounts receivable | 41 | €306,053 | €320,482 | +€14,429 | +4.7% |
| Cash at bank and in hand | 54/58 | €12,271 | €10,145 | -€2,126 | -17.3% |
| Deferred charges and accrued income | 490/1 | €1,407 | €1,505 | +€98 | +7.0% |
| Total equity and liabilities | 10/49 | €548,528 | €859,299 | +€310,771 | +56.7% |
| Equity | 10/15 | €514,422 | €534,556 | +€20,133 | +3.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €494,422 | €514,556 | +€20,133 | +4.1% |
| Tax-exempt reserves | 132 | €665 | €665 | = | 0.0% |
| Distributable reserves | 133 | €493,757 | €513,890 | +€20,133 | +4.1% |
| Amounts payable | 17/49 | €34,105 | €324,743 | +€290,638 | +852.2% |
| Amounts payable within one year | 42/48 | €34,105 | €324,743 | +€290,638 | +852.2% |
| Financial debts | 43 | €15,000 | - | -€15,000 | |
| Credit institutions | 430/8 | €15,000 | - | -€15,000 | |
| Trade debts | 44 | €8,583 | €6,816 | -€1,767 | -20.6% |
| Suppliers | 440/4 | €8,583 | €6,816 | -€1,767 | -20.6% |
| Taxes, remuneration and social security | 45 | €1,071 | €7,033 | +€5,962 | +556.6% |
| Taxes | 450/3 | €1,071 | €7,033 | +€5,962 | +556.6% |
| Other amounts payable | 47/48 | €9,451 | €310,894 | +€301,443 | +3189.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,468 | €2,451 | -€17 | -0.7% |
| Other operating charges | 640/8 | €141 | €208 | +€67 | +47.7% |
| Gross operating margin | 9900 | €66,664 | €21,765 | -€44,899 | -67.4% |
| Operating profit (loss) | 9901 | €64,056 | €19,107 | -€44,949 | -70.2% |
| Financial income | 75/76B | €8,600 | €9,232 | +€633 | +7.4% |
| Recurring financial income | 75 | €8,600 | €9,232 | +€633 | +7.4% |
| Financial charges | 65/66B | €1,383 | €1,173 | -€211 | -15.2% |
| Recurring financial charges | 65 | €1,383 | €1,173 | -€211 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €71,272 | €27,167 | -€44,106 | -61.9% |
| Income taxes | 67/77 | €20,697 | €7,033 | -€13,663 | -66.0% |
| Profit (loss) for the period | 9904 | €50,576 | €20,133 | -€30,442 | -60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,576 | €20,133 | -€30,442 | -60.2% |
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 8 October 2026 via checked.be.