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 -€2,084
down €2,084 (-7.1%), from €29,181 to €27,097
- Profit (loss) carried forward -€7,789
down €7,789 (-2.1%), from -€372,374 to -€380,163
- Trade debts +€3,536
up €3,536 (+7.1%), from €49,604 to €53,140
- Other debts +€2,686
up €2,686 (+0.9%), from €290,686 to €293,372
- Gross operating margin +€9,170
up €9,170, from -€8,069 to €1,102
- Other operating charges +€5,794
up €5,794 (+1541.9%), from €376 to €6,170
- Financial charges +€532
up €532 (+508.5%), from €105 to €636
- Taxes -€208
no longer reported in 2025 (was €208)
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 | €110,507 | €108,940 | -€1,567 | -1.4% |
| Fixed assets | 21/28 | €72,878 | €70,793 | -€2,084 | -2.9% |
| Tangible fixed assets | 22/27 | €29,181 | €27,097 | -€2,084 | -7.1% |
| Land and buildings | 22 | €29,181 | €27,097 | -€2,084 | -7.1% |
| Financial fixed assets | 28 | €43,697 | €43,697 | = | 0.0% |
| Current assets | 29/58 | €37,629 | €38,147 | +€517 | +1.4% |
| Amounts receivable within one year | 40/41 | €37,527 | €38,101 | +€575 | +1.5% |
| Trade receivables | 40 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 41 | €27,527 | €28,101 | +€575 | +2.1% |
| Cash at bank and in hand | 54/58 | €103 | €19 | -€83 | -81.1% |
| Deferred charges and accrued income | 490/1 | - | €26 | +€26 | |
| Total equity and liabilities | 10/49 | €110,507 | €108,940 | -€1,567 | -1.4% |
| Equity | 10/15 | -€250,970 | -€258,758 | -€7,789 | -3.1% |
| Contributions | 10/11 | €117,749 | €117,749 | = | 0.0% |
| Capital | 10 | €117,749 | €117,749 | = | 0.0% |
| Issued capital | 100 | €117,749 | €117,749 | = | 0.0% |
| Reserves | 13 | €3,655 | €3,655 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,655 | €3,655 | = | 0.0% |
| Legal reserve | 130 | €3,655 | €3,655 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€372,374 | -€380,163 | -€7,789 | -2.1% |
| Amounts payable | 17/49 | €361,477 | €367,699 | +€6,222 | +1.7% |
| Amounts payable within one year | 42/48 | €361,477 | €367,699 | +€6,222 | +1.7% |
| Trade debts | 44 | €49,604 | €53,140 | +€3,536 | +7.1% |
| Suppliers | 440/4 | €49,604 | €53,140 | +€3,536 | +7.1% |
| Taxes, remuneration and social security | 45 | €21,187 | €21,187 | = | 0.0% |
| Taxes | 450/3 | €21,187 | €21,187 | = | 0.0% |
| Other amounts payable | 47/48 | €290,686 | €293,372 | +€2,686 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,084 | €2,084 | = | 0.0% |
| Other operating charges | 640/8 | €376 | €6,170 | +€5,794 | +1541.9% |
| Gross operating margin | 9900 | -€8,069 | €1,102 | +€9,170 | |
| Operating profit (loss) | 9901 | -€10,529 | -€7,153 | +€3,376 | +32.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €105 | €636 | +€532 | +508.5% |
| Recurring financial charges | 65 | €105 | €636 | +€532 | +508.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,633 | -€7,789 | +€2,844 | +26.7% |
| Income taxes | 67/77 | €208 | - | -€208 | |
| Profit (loss) for the period | 9904 | -€10,841 | -€7,789 | +€3,053 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,841 | -€7,789 | +€3,053 | +28.2% |
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 6 October 2026 via checked.be.