ARCHIWOOD: 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.
What changed
ARCHIWOOD
NACE 47.525, Retail trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€122,493
2024 · €135,772-€13,279
Equity
€573,304
2024 · €485,811+€87,493
Cash
€54,121
2024 · €46,542+€7,579
Balance sheet total
€3.7m
2024 · €3.6m+€52,006
Largest movements
Assets
- Tangible fixed assets +€97,516
up €97,516 (+3.7%), from €2.7m to €2.8m
of which Land and buildings: +€106,120
- Stocks and contracts -€78,393
down €78,393 (-14.7%), from €532,840 to €454,447
Equity and liabilities
- Reserves +€554,519
up €554,519 (+298,578%), from €186 to €554,704
of which Distributable reserves: +€554,519
- Profit (loss) carried forward -€467,025
down €467,025 (-100%), from €467,025 to €0
- Trade debts -€105,665
down €105,665 (-15.5%), from €681,751 to €576,086
- Current portion of long-term debt +€81,662
up €81,662 (+58.9%), from €138,752 to €220,414
Income statement
- Gross operating margin +€60,256
up €60,256 (+15.6%), from €386,720 to €446,976
- Staff costs +€42,261
new in 2025: €42,261
- Depreciation +€24,264
up €24,264 (+19.6%), from €123,781 to €148,045
- Write-downs +€10,708
new in 2025: €10,708
- Financial charges +€8,719
up €8,719 (+13.0%), from €67,052 to €75,772
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.
Result 2024
€135,772
Gross operating margin
+€60,256
Staff costs
-€42,261
Depreciation
-€24,264
Write-downs
-€10,708
Provisions
-€6,883
Other operating charges
-€431
Other operating items
+€16,259
Financial income
+€1,555
Financial charges
-€8,719
Taxes
+€1,918
Result 2025
€122,493
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€227,273
Investment
-€249,589
Financing
+€29,895
Cash 2024
€46,542
From operations (derived)
+€227,273
Net result for the year
+€122,493
Depreciation
+€148,045
Stocks and contracts
+€78,393
Receivables within one year
-€23,947
Deferred charges and accrued income
+€2,672
Trade debts
-€105,665
Tax, wage and social debts
+€25,412
Other debts
-€22,106
Accrued charges and deferred income
+€1,975
Investment (derived)
-€249,589
Investment in fixed assets (net)
-€249,589
Financing
+€29,895
Debts after one year
-€7,981
Current portion of long-term debt
+€81,662
Short-term financial debts
-€8,786
Contributions, distributions and other
-€35,000
Cash 2025
€54,121
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,637,063 | €3,689,068 | +€52,006 | +1.4% |
| Fixed assets | 21/28 | €2,658,229 | €2,759,773 | +€101,544 | +3.8% |
| Intangible fixed assets | 21 | €916 | €4,943 | +€4,027 | +440% |
| Tangible fixed assets | 22/27 | €2,657,314 | €2,754,830 | +€97,516 | +3.7% |
| Land and buildings | 22 | €2,522,124 | €2,628,244 | +€106,120 | +4.2% |
| Plant, machinery and equipment | 23 | €33,091 | €15,344 | -€17,747 | -53.6% |
| Furniture and vehicles | 24 | €48,129 | €62,699 | +€14,571 | +30.3% |
| Leasing and similar rights | 25 | €53,971 | €48,544 | -€5,427 | -10.1% |
| Current assets | 29/58 | €978,833 | €929,295 | -€49,538 | -5.1% |
| Stocks and contracts in progress | 3 | €532,840 | €454,447 | -€78,393 | -14.7% |
| Stocks | 30/36 | €532,840 | €454,447 | -€78,393 | -14.7% |
| Amounts receivable within one year | 40/41 | €386,938 | €410,885 | +€23,947 | +6.2% |
| Trade receivables | 40 | €125,975 | €107,846 | -€18,129 | -14.4% |
| Other amounts receivable | 41 | €260,963 | €303,039 | +€42,076 | +16.1% |
| Cash at bank and in hand | 54/58 | €46,542 | €54,121 | +€7,579 | +16.3% |
| Deferred charges and accrued income | 490/1 | €12,514 | €9,842 | -€2,672 | -21.3% |
| Total equity and liabilities | 10/49 | €3,637,063 | €3,689,068 | +€52,006 | +1.4% |
| Equity | 10/15 | €485,811 | €573,304 | +€87,493 | +18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €186 | €554,704 | +€554,519 | +298,578% |
| Non-distributable reserves | 130/1 | €186 | €186 | = | 0.0% |
| Reserves not available under the articles | 1311 | €186 | €186 | = | 0.0% |
| Distributable reserves | 133 | - | €554,519 | +€554,519 | |
| Profit (loss) carried forward | 14 | €467,025 | €0 | -€467,025 | -100% |
| Amounts payable | 17/49 | €3,151,252 | €3,115,764 | -€35,488 | -1.1% |
| Amounts payable after more than one year | 17 | €2,031,710 | €2,023,729 | -€7,981 | -0.4% |
| Financial debts | 170/4 | €1,970,687 | €1,962,706 | -€7,981 | -0.4% |
| Other amounts payable | 178/9 | €61,022 | €61,022 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,119,542 | €1,090,061 | -€29,481 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €138,752 | €220,414 | +€81,662 | +58.9% |
| Financial debts | 43 | €228,973 | €220,187 | -€8,786 | -3.8% |
| Credit institutions | 430/8 | €228,973 | €220,187 | -€8,786 | -3.8% |
| Trade debts | 44 | €681,751 | €576,086 | -€105,665 | -15.5% |
| Suppliers | 440/4 | €681,751 | €576,086 | -€105,665 | -15.5% |
| Taxes, remuneration and social security | 45 | €2,788 | €28,200 | +€25,412 | +911% |
| Taxes | 450/3 | €2,788 | €19,003 | +€16,215 | +582% |
| Remuneration and social security | 454/9 | - | €9,197 | +€9,197 | |
| Other amounts payable | 47/48 | €67,279 | €45,173 | -€22,106 | -32.9% |
| Accrued charges and deferred income | 492/3 | - | €1,975 | +€1,975 | |
| Remuneration, social security and pensions | 62 | - | €42,261 | +€42,261 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,781 | €148,045 | +€24,264 | +19.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,708 | +€10,708 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€6,883 | - | +€6,883 | |
| Other operating charges | 640/8 | €5,603 | €6,034 | +€431 | +7.7% |
| Non-recurring operating charges | 66A | €16,259 | - | -€16,259 | |
| Gross operating margin | 9900 | €386,720 | €446,976 | +€60,256 | +15.6% |
| Operating profit (loss) | 9901 | €247,960 | €239,927 | -€8,033 | -3.2% |
| Financial income | 75/76B | €9,902 | €11,457 | +€1,555 | +15.7% |
| Recurring financial income | 75 | €9,902 | €11,457 | +€1,555 | +15.7% |
| Financial charges | 65/66B | €67,052 | €75,772 | +€8,719 | +13.0% |
| Recurring financial charges | 65 | €67,052 | €75,772 | +€8,719 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €190,810 | €175,613 | -€15,197 | -8.0% |
| Income taxes | 67/77 | €55,037 | €53,119 | -€1,918 | -3.5% |
| Profit (loss) for the period | 9904 | €135,772 | €122,493 | -€13,279 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €135,772 | €122,493 | -€13,279 | -9.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.