ARCITUS: 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.
ARCITUS
Largest movements
- Cash +€146,690
up €146,690 (+654%), from €22,436 to €169,126
mainly Receivables within one year (+€94,038) and Net result for the year (+€67,514)
- Receivables within one year -€94,038
down €94,038 (-58.0%), from €162,030 to €67,991
of which Trade receivables: -€103,807
- Tangible fixed assets -€4,844
down €4,844 (-18.3%), from €26,416 to €21,572
- Reserves +€67,514
up €67,514 (+55.4%), from €121,858 to €189,372
- Tax, wage and social debts -€32,750
down €32,750 (-47.3%), from €69,247 to €36,497
- Trade debts +€20,111
up €20,111 (+684%), from €2,938 to €23,050
- Other debts -€7,272
down €7,272 (-58.0%), from €12,531 to €5,260
- Gross operating margin +€11,773
up €11,773 (+12.9%), from €90,939 to €102,712
- Taxes -€2,217
down €2,217 (-8.1%), from €27,448 to €25,232
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 | €211,575 | €259,706 | +€48,131 | +22.7% |
| Fixed assets | 21/28 | €26,416 | €21,572 | -€4,844 | -18.3% |
| Tangible fixed assets | 22/27 | €26,416 | €21,572 | -€4,844 | -18.3% |
| Furniture and vehicles | 24 | €26,416 | €21,572 | -€4,844 | -18.3% |
| Current assets | 29/58 | €185,159 | €238,134 | +€52,975 | +28.6% |
| Amounts receivable within one year | 40/41 | €162,030 | €67,991 | -€94,038 | -58.0% |
| Trade receivables | 40 | €162,030 | €58,223 | -€103,807 | -64.1% |
| Other amounts receivable | 41 | - | €9,768 | +€9,768 | |
| Cash at bank and in hand | 54/58 | €22,436 | €169,126 | +€146,690 | +654% |
| Deferred charges and accrued income | 490/1 | €693 | €1,017 | +€324 | +46.8% |
| Total equity and liabilities | 10/49 | €211,575 | €259,706 | +€48,131 | +22.7% |
| Equity | 10/15 | €126,858 | €194,372 | +€67,514 | +53.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €121,858 | €189,372 | +€67,514 | +55.4% |
| Distributable reserves | 133 | €121,858 | €189,372 | +€67,514 | +55.4% |
| Amounts payable | 17/49 | €84,716 | €65,334 | -€19,383 | -22.9% |
| Amounts payable within one year | 42/48 | €84,716 | €64,806 | -€19,910 | -23.5% |
| Trade debts | 44 | €2,938 | €23,050 | +€20,111 | +684% |
| Suppliers | 440/4 | €2,938 | €23,050 | +€20,111 | +684% |
| Taxes, remuneration and social security | 45 | €69,247 | €36,497 | -€32,750 | -47.3% |
| Taxes | 450/3 | €69,247 | €36,497 | -€32,750 | -47.3% |
| Other amounts payable | 47/48 | €12,531 | €5,260 | -€7,272 | -58.0% |
| Accrued charges and deferred income | 492/3 | - | €528 | +€528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,803 | €7,895 | +€92 | +1.2% |
| Other operating charges | 640/8 | €959 | €1,740 | +€781 | +81.4% |
| Gross operating margin | 9900 | €90,939 | €102,712 | +€11,773 | +12.9% |
| Operating profit (loss) | 9901 | €82,177 | €93,077 | +€10,901 | +13.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €149 | €332 | +€183 | +122% |
| Recurring financial charges | 65 | €149 | €332 | +€183 | +122% |
| Profit (loss) for the period before taxes | 9903 | €82,028 | €92,745 | +€10,718 | +13.1% |
| Income taxes | 67/77 | €27,448 | €25,232 | -€2,217 | -8.1% |
| Profit (loss) for the period | 9904 | €54,579 | €67,514 | +€12,935 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,579 | €67,514 | +€12,935 | +23.7% |
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.