ARCHIPEL: 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.
ARCHIPEL
Largest movements
- Tangible fixed assets -€82,346
down €82,346 (-9.1%), from €902,378 to €820,032
of which Land and buildings: -€76,544
- Cash -€41,704
down €41,704 (-3.7%), from €1.1m to €1.1m
mainly Debts after one year (-€61,857) and Debts within one year (-€54,538)
- Debts after one year -€61,857
down €61,857 (-14.5%), from €425,675 to €363,818
of which Financial debts: -€48,197
- Debts within one year -€54,538
down €54,538 (-5.3%), from €1.0m to €983,071
of which Trade debts: -€103,109
- Gross operating margin +€197,102
up €197,102 (+3.3%), from €6.0m to €6.2m
- Staff costs +€176,402
up €176,402 (+3.0%), from €5.9m to €6.1m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,556,128 | €2,447,318 | -€108,810 | -4.3% |
| Fixed assets | 21/28 | €905,260 | €822,914 | -€82,346 | -9.1% |
| Tangible fixed assets | 22/27 | €902,378 | €820,032 | -€82,346 | -9.1% |
| Land and buildings | 22 | €889,109 | €812,565 | -€76,544 | -8.6% |
| Furniture and vehicles | 24 | €13,269 | €7,467 | -€5,802 | -43.7% |
| Financial fixed assets | 28 | €2,882 | €2,882 | = | 0.0% |
| Current assets | 29/58 | €1,650,868 | €1,624,403 | -€26,464 | -1.6% |
| Amounts receivable within one year | 40/41 | €446,075 | €463,036 | +€16,961 | +3.8% |
| Trade receivables | 40 | €214,695 | €298,701 | +€84,006 | +39.1% |
| Other amounts receivable | 41 | €231,380 | €164,336 | -€67,045 | -29.0% |
| Cash at bank and in hand | 54/58 | €1,142,116 | €1,100,412 | -€41,704 | -3.7% |
| Deferred charges and accrued income | 490/1 | €62,676 | €60,956 | -€1,721 | -2.7% |
| Total equity and liabilities | 10/49 | €2,556,128 | €2,447,318 | -€108,810 | -4.3% |
| Equity | 10/15 | €1,089,618 | €1,099,052 | +€9,434 | +0.9% |
| Contributions | 10/11 | €301,515 | €301,515 | = | 0.0% |
| Capital | 10 | €301,515 | €301,515 | = | 0.0% |
| Reserves | 13 | €481,807 | €491,241 | +€9,434 | +2.0% |
| Profit (loss) carried forward | 14 | €306,296 | €306,296 | = | 0.0% |
| Amounts payable | 17/49 | €1,466,510 | €1,348,266 | -€118,245 | -8.1% |
| Amounts payable after more than one year | 17 | €425,675 | €363,818 | -€61,857 | -14.5% |
| Financial debts | 170/4 | €235,157 | €186,960 | -€48,197 | -20.5% |
| Other amounts payable | 178/9 | €190,518 | €176,858 | -€13,660 | -7.2% |
| Amounts payable within one year | 42/48 | €1,037,609 | €983,071 | -€54,538 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €46,570 | €48,197 | +€1,628 | +3.5% |
| Trade debts | 44 | €169,632 | €66,522 | -€103,109 | -60.8% |
| Suppliers | 440/4 | €169,032 | €65,250 | -€103,782 | -61.4% |
| Bills of exchange payable | 441 | €600 | €1,272 | +€672 | +112.1% |
| Taxes, remuneration and social security | 45 | €779,850 | €829,421 | +€49,572 | +6.4% |
| Taxes | 450/3 | €142,762 | €4,243 | -€138,519 | -97.0% |
| Remuneration and social security | 454/9 | €637,087 | €825,178 | +€188,091 | +29.5% |
| Accrued charges and deferred income | 492/3 | €3,227 | €1,377 | -€1,850 | -57.3% |
| Non-recurring operating income | 76A | €11,083 | €41 | -€11,042 | -99.6% |
| Remuneration, social security and pensions | 62 | €5,882,135 | €6,058,536 | +€176,402 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,638 | €85,912 | +€11,274 | +15.1% |
| Other operating charges | 640/8 | €869 | €668 | -€201 | -23.1% |
| Non-recurring operating charges | 66A | €22,636 | €3 | -€22,633 | -100.0% |
| Gross operating margin | 9900 | €5,961,227 | €6,158,329 | +€197,102 | +3.3% |
| Operating profit (loss) | 9901 | -€19,051 | €13,209 | +€32,260 | |
| Financial income | 75/76B | €2,306 | €6,831 | +€4,525 | +196.2% |
| Recurring financial income | 75 | €2,306 | €6,831 | +€4,525 | +196.2% |
| Financial charges | 65/66B | €13,509 | €9,499 | -€4,010 | -29.7% |
| Recurring financial charges | 65 | €13,509 | €9,499 | -€4,010 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | -€30,254 | €10,540 | +€40,795 | |
| Income taxes | 67/77 | €1,110 | €1,106 | -€4 | -0.3% |
| Profit (loss) for the period | 9904 | -€31,364 | €9,434 | +€40,798 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,364 | €9,434 | +€40,798 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.