ARCHIMEDES: 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.
ARCHIMEDES
Largest movements
- Cash +€23,082
up €23,082 (+76.7%), from €30,091 to €53,173
mainly Net result for the year (+€28,990) and Depreciation (+€15,951)
- Reserves +€20,608
up €20,608 (+19.7%), from €104,715 to €125,323
- Other debts -€11,587
down €11,587 (-68.9%), from €16,808 to €5,220
- Gross operating margin +€2,472
up €2,472 (+4.1%), from €60,996 to €63,468
- Taxes +€1,001
up €1,001 (+5.9%), from €16,922 to €17,923
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 | €946,963 | €961,459 | +€14,496 | +1.5% |
| Fixed assets | 21/28 | €913,964 | €905,131 | -€8,833 | -1.0% |
| Tangible fixed assets | 22/27 | €913,945 | €905,000 | -€8,945 | -1.0% |
| Land and buildings | 22 | €892,785 | €880,205 | -€12,580 | -1.4% |
| Plant, machinery and equipment | 23 | €7,047 | €12,707 | +€5,659 | +80.3% |
| Furniture and vehicles | 24 | €14,113 | €12,089 | -€2,025 | -14.3% |
| Financial fixed assets | 28 | €19 | €131 | +€112 | +602.5% |
| Current assets | 29/58 | €33,000 | €56,329 | +€23,329 | +70.7% |
| Amounts receivable within one year | 40/41 | €725 | €725 | = | 0.0% |
| Trade receivables | 40 | €725 | €725 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €30,091 | €53,173 | +€23,082 | +76.7% |
| Deferred charges and accrued income | 490/1 | €2,184 | €2,431 | +€247 | +11.3% |
| Total equity and liabilities | 10/49 | €946,963 | €961,459 | +€14,496 | +1.5% |
| Equity | 10/15 | €925,499 | €946,108 | +€20,608 | +2.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Revaluation surpluses | 12 | €700,000 | €700,000 | = | 0.0% |
| Reserves | 13 | €104,715 | €125,323 | +€20,608 | +19.7% |
| Distributable reserves | 133 | €104,715 | €125,323 | +€20,608 | +19.7% |
| Profit (loss) carried forward | 14 | €102,235 | €102,235 | = | 0.0% |
| Amounts payable | 17/49 | €21,464 | €15,352 | -€6,112 | -28.5% |
| Amounts payable within one year | 42/48 | €21,464 | €15,352 | -€6,112 | -28.5% |
| Trade debts | 44 | €3,786 | €1,407 | -€2,379 | -62.8% |
| Suppliers | 440/4 | €3,786 | €1,407 | -€2,379 | -62.8% |
| Taxes, remuneration and social security | 45 | €870 | €8,725 | +€7,854 | +902.3% |
| Taxes | 450/3 | €870 | €8,725 | +€7,854 | +902.3% |
| Other amounts payable | 47/48 | €16,808 | €5,220 | -€11,587 | -68.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,413 | €15,951 | -€462 | -2.8% |
| Other operating charges | 640/8 | €595 | €606 | +€11 | +1.8% |
| Gross operating margin | 9900 | €60,996 | €63,468 | +€2,472 | +4.1% |
| Operating profit (loss) | 9901 | €43,988 | €46,911 | +€2,923 | +6.6% |
| Financial income | 75/76B | €207 | €243 | +€35 | +17.1% |
| Recurring financial income | 75 | €207 | €243 | +€35 | +17.1% |
| Financial charges | 65/66B | €573 | €241 | -€332 | -57.9% |
| Recurring financial charges | 65 | €573 | €241 | -€332 | -57.9% |
| Profit (loss) for the period before taxes | 9903 | €43,622 | €46,913 | +€3,291 | +7.5% |
| Income taxes | 67/77 | €16,922 | €17,923 | +€1,001 | +5.9% |
| Profit (loss) for the period | 9904 | €26,700 | €28,990 | +€2,290 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,700 | €28,990 | +€2,290 | +8.6% |
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 5 October 2026 via checked.be.