ARCHIMEDES: 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.
ARCHIMEDES
Largest movements
- Cash -€35,358
down €35,358 (-34.8%), from €101,583 to €66,225
mainly Contributions, distributions and other (-€60,000) and Accrued charges and deferred income (-€16,408)
- Stocks and contracts -€1,671
down €1,671 (-26.8%), from €6,236 to €4,565
- Profit (loss) carried forward -€21,613
down €21,613 (-32.7%), from €66,051 to €44,438
- Accrued charges and deferred income -€16,408
no longer reported in 2025 (was €16,408)
- Other debts +€7,623
new in 2025: €7,623
- Tax, wage and social debts -€7,000
no longer reported in 2025 (was €7,000)
- Gross operating margin -€34,623
down €34,623 (-46.8%), from €73,933 to €39,310
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 | €114,855 | €76,775 | -€38,080 | -33.2% |
| Fixed assets | 21/28 | €911 | - | -€911 | |
| Tangible fixed assets | 22/27 | €911 | - | -€911 | |
| Plant, machinery and equipment | 23 | €704 | - | -€704 | |
| Furniture and vehicles | 24 | €207 | - | -€207 | |
| Current assets | 29/58 | €113,944 | €76,775 | -€37,169 | -32.6% |
| Stocks and contracts in progress | 3 | €6,236 | €4,565 | -€1,671 | -26.8% |
| Stocks | 30/36 | €6,236 | €4,565 | -€1,671 | -26.8% |
| Amounts receivable within one year | 40/41 | €6,125 | €5,985 | -€140 | -2.3% |
| Trade receivables | 40 | €6,125 | €5,985 | -€140 | -2.3% |
| Cash at bank and in hand | 54/58 | €101,583 | €66,225 | -€35,358 | -34.8% |
| Total equity and liabilities | 10/49 | €114,855 | €76,775 | -€38,080 | -33.2% |
| Equity | 10/15 | €86,511 | €64,898 | -€21,613 | -25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,051 | €44,438 | -€21,613 | -32.7% |
| Amounts payable | 17/49 | €28,344 | €11,877 | -€16,467 | -58.1% |
| Amounts payable within one year | 42/48 | €11,936 | €11,877 | -€59 | -0.5% |
| Trade debts | 44 | €4,936 | €4,254 | -€682 | -13.8% |
| Suppliers | 440/4 | €4,936 | €4,254 | -€682 | -13.8% |
| Taxes, remuneration and social security | 45 | €7,000 | - | -€7,000 | |
| Taxes | 450/3 | €7,000 | - | -€7,000 | |
| Other amounts payable | 47/48 | - | €7,623 | +€7,623 | |
| Accrued charges and deferred income | 492/3 | €16,408 | - | -€16,408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,053 | €911 | -€142 | -13.5% |
| Gross operating margin | 9900 | €73,933 | €39,310 | -€34,623 | -46.8% |
| Operating profit (loss) | 9901 | €72,880 | €38,399 | -€34,481 | -47.3% |
| Financial charges | 65/66B | €89 | €12 | -€77 | -86.5% |
| Recurring financial charges | 65 | €89 | €12 | -€77 | -86.5% |
| Profit (loss) for the period before taxes | 9903 | €72,791 | €38,387 | -€34,404 | -47.3% |
| Profit (loss) for the period | 9904 | €72,791 | €38,387 | -€34,404 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €72,791 | €38,387 | -€34,404 | -47.3% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.