ARCION: 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.
ARCION
Largest movements
- Current investments -€1.0m
no longer reported in 2025 (was €1.0m)
- Cash +€809,198
up €809,198 (+806%), from €100,378 to €909,576
mainly Current investments (+€1.0m) and Net result for the year (+€132,442)
- Receivables within one year +€103,041
up €103,041 (+48.0%), from €214,606 to €317,647
of which Other amounts receivable: +€83,791
- Reserves +€132,442
up €132,442 (+10.6%), from €1.2m to €1.4m
of which Distributable reserves: +€132,442
- Short-term financial debts -€95,247
no longer reported in 2025 (was €95,247)
- Debts after one year -€84,399
down €84,399 (-11.0%), from €769,102 to €684,704
- Tax, wage and social debts -€40,870
down €40,870 (-20.2%), from €202,400 to €161,530
- Other debts -€26,465
down €26,465 (-22.0%), from €120,319 to €93,855
- Gross operating margin -€1.6m
down €1.6m (-88.3%), from €1.8m to €207,838
- Taxes -€453,950
down €453,950 (-88.6%), from €512,220 to €58,270
- Staff costs -€101,276
down €101,276 (-93.1%), from €108,769 to €7,493
- Financial income +€28,110
up €28,110 (+2,186%), from €1,286 to €29,396
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 | €2,544,383 | €2,456,621 | -€87,761 | -3.4% |
| Fixed assets | 21/28 | €1,229,399 | €1,229,399 | = | 0.0% |
| Financial fixed assets | 28 | €1,229,399 | €1,229,399 | = | 0.0% |
| Current assets | 29/58 | €1,314,984 | €1,227,222 | -€87,761 | -6.7% |
| Amounts receivable within one year | 40/41 | €214,606 | €317,647 | +€103,041 | +48.0% |
| Trade receivables | 40 | €180,750 | €200,000 | +€19,250 | +10.7% |
| Other amounts receivable | 41 | €33,856 | €117,647 | +€83,791 | +247% |
| Current investments | 50/53 | €1,000,000 | - | -€1.0m | |
| Cash at bank and in hand | 54/58 | €100,378 | €909,576 | +€809,198 | +806% |
| Total equity and liabilities | 10/49 | €2,544,383 | €2,456,621 | -€87,761 | -3.4% |
| Equity | 10/15 | €1,268,571 | €1,401,013 | +€132,442 | +10.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,249,971 | €1,382,413 | +€132,442 | +10.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,248,111 | €1,380,553 | +€132,442 | +10.6% |
| Amounts payable | 17/49 | €1,275,811 | €1,055,608 | -€220,203 | -17.3% |
| Amounts payable after more than one year | 17 | €769,102 | €684,704 | -€84,399 | -11.0% |
| Financial debts | 170/4 | €769,102 | €684,704 | -€84,399 | -11.0% |
| Amounts payable within one year | 42/48 | €506,709 | €370,904 | -€135,805 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €80,853 | €84,399 | +€3,546 | +4.4% |
| Financial debts | 43 | €95,247 | - | -€95,247 | |
| Credit institutions | 430/8 | €95,247 | - | -€95,247 | |
| Trade debts | 44 | €7,890 | €31,121 | +€23,231 | +294% |
| Suppliers | 440/4 | €7,890 | €31,121 | +€23,231 | +294% |
| Taxes, remuneration and social security | 45 | €202,400 | €161,530 | -€40,870 | -20.2% |
| Taxes | 450/3 | €202,400 | €161,530 | -€40,870 | -20.2% |
| Other amounts payable | 47/48 | €120,319 | €93,855 | -€26,465 | -22.0% |
| Remuneration, social security and pensions | 62 | €108,769 | €7,493 | -€101,276 | -93.1% |
| Other operating charges | 640/8 | €449 | €3,108 | +€2,659 | +592% |
| Gross operating margin | 9900 | €1,779,549 | €207,838 | -€1.6m | -88.3% |
| Operating profit (loss) | 9901 | €1,670,331 | €197,237 | -€1.5m | -88.2% |
| Financial income | 75/76B | €1,286 | €29,396 | +€28,110 | +2,186% |
| Recurring financial income | 75 | €1,286 | €29,396 | +€28,110 | +2,186% |
| Financial charges | 65/66B | €47,862 | €35,921 | -€11,942 | -24.9% |
| Recurring financial charges | 65 | €47,862 | €35,921 | -€11,942 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €1,623,755 | €190,712 | -€1.4m | -88.3% |
| Income taxes | 67/77 | €512,220 | €58,270 | -€453,950 | -88.6% |
| Profit (loss) for the period | 9904 | €1,111,534 | €132,442 | -€979,092 | -88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,111,534 | €132,442 | -€979,092 | -88.1% |
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 20 October 2026 via checked.be.