ARCHIPEL HOLDING: 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 HOLDING
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€77,535
no longer reported in 2025 (was €77,535)
- Reserves +€67,530
up €67,530 (+1227.8%), from €5,500 to €73,030
of which Distributable reserves: +€73,030
- Current portion of long-term debt +€8,367
up €8,367 (+2.7%), from €306,328 to €314,696
- Gross operating margin +€4,745
up €4,745 (+81.6%), from -€5,817 to -€1,072
- Financial income -€1,630
no longer reported in 2025 (was €1,630)
- Other operating charges -€536
down €536 (-58.1%), from €924 to €387
- Taxes -€96
down €96 (-70.5%), from €136 to €40
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 | €457,008 | €458,063 | +€1,054 | +0.2% |
| Fixed assets | 21/28 | €456,097 | €456,097 | = | 0.0% |
| Financial fixed assets | 28 | €456,097 | €456,097 | = | 0.0% |
| Current assets | 29/58 | €912 | €1,966 | +€1,054 | +115.7% |
| Cash at bank and in hand | 54/58 | €912 | €1,966 | +€1,054 | +115.7% |
| Total equity and liabilities | 10/49 | €457,008 | €458,063 | +€1,054 | +0.2% |
| Equity | 10/15 | €138,035 | €128,030 | -€10,004 | -7.2% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €5,500 | €73,030 | +€67,530 | +1227.8% |
| Non-distributable reserves | 130/1 | €5,500 | - | -€5,500 | |
| Reserves not available under the articles | 1311 | €5,500 | - | -€5,500 | |
| Distributable reserves | 133 | - | €73,030 | +€73,030 | |
| Profit (loss) carried forward | 14 | €77,535 | - | -€77,535 | |
| Amounts payable | 17/49 | €318,974 | €330,032 | +€11,058 | +3.5% |
| Amounts payable within one year | 42/48 | €318,938 | €329,997 | +€11,058 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €306,328 | €314,696 | +€8,367 | +2.7% |
| Trade debts | 44 | €9,274 | €9,955 | +€680 | +7.3% |
| Suppliers | 440/4 | €9,274 | €9,955 | +€680 | +7.3% |
| Taxes, remuneration and social security | 45 | €3,336 | €5,347 | +€2,011 | +60.3% |
| Taxes | 450/3 | €3,336 | €5,347 | +€2,011 | +60.3% |
| Accrued charges and deferred income | 492/3 | €36 | €36 | = | 0.0% |
| Other operating charges | 640/8 | €924 | €387 | -€536 | -58.1% |
| Gross operating margin | 9900 | -€5,817 | -€1,072 | +€4,745 | +81.6% |
| Operating profit (loss) | 9901 | -€6,741 | -€1,459 | +€5,282 | +78.4% |
| Financial income | 75/76B | €1,630 | - | -€1,630 | |
| Recurring financial income | 75 | €1,630 | - | -€1,630 | |
| Financial charges | 65/66B | €8,511 | €8,505 | -€6 | -0.1% |
| Recurring financial charges | 65 | €8,511 | €8,505 | -€6 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,621 | -€9,964 | +€3,657 | +26.8% |
| Income taxes | 67/77 | €136 | €40 | -€96 | -70.5% |
| Profit (loss) for the period | 9904 | -€13,757 | -€10,004 | +€3,753 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,757 | -€10,004 | +€3,753 | +27.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.