ARCK: 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.
ARCK
Largest movements
- Stocks and contracts -€278,004
down €278,004 (-100%), from €278,004 to €0
- Receivables within one year +€33,964
up €33,964 (+35.7%), from €95,133 to €129,098
of which Trade receivables: +€53,636
- Tangible fixed assets -€28,789
down €28,789 (-27.3%), from €105,630 to €76,842
of which Furniture and vehicles: -€18,371
- Short-term financial debts -€167,081
down €167,081 (-98.5%), from €169,582 to €2,500
- Reserves -€33,058
down €33,058 (-25.9%), from €127,518 to €94,460
of which Distributable reserves: -€33,058
- Tax, wage and social debts -€28,082
down €28,082 (-72.6%), from €38,704 to €10,622
of which Taxes: -€28,082
- Trade debts -€22,648
down €22,648 (-33.3%), from €67,926 to €45,278
- Other debts -€11,937
down €11,937 (-41.2%), from €28,958 to €17,021
- Gross operating margin +€14,840
up €14,840 (+240%), from €6,185 to €21,025
- Depreciation +€7,331
up €7,331 (+51.6%), from €14,215 to €21,546
- Other operating charges -€6,388
down €6,388 (-67.7%), from €9,442 to €3,054
- Staff costs -€4,420
down €4,420 (-100%), from €4,420 to €0
- Taxes -€2,898
down €2,898 (-95.8%), from €3,026 to €128
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €484,512 | €210,785 | -€273,727 | -56.5% |
| Fixed assets | 21/28 | €108,122 | €78,019 | -€30,103 | -27.8% |
| Intangible fixed assets | 21 | €2,492 | €1,177 | -€1,315 | -52.8% |
| Tangible fixed assets | 22/27 | €105,630 | €76,842 | -€28,789 | -27.3% |
| Plant, machinery and equipment | 23 | - | €1,707 | +€1,707 | |
| Furniture and vehicles | 24 | €73,887 | €55,516 | -€18,371 | -24.9% |
| Other tangible fixed assets | 26 | €31,743 | €19,619 | -€12,124 | -38.2% |
| Current assets | 29/58 | €376,390 | €132,766 | -€243,624 | -64.7% |
| Stocks and contracts in progress | 3 | €278,004 | €0 | -€278,004 | -100% |
| Stocks | 30/36 | €278,004 | €0 | -€278,004 | -100% |
| Amounts receivable within one year | 40/41 | €95,133 | €129,098 | +€33,964 | +35.7% |
| Trade receivables | 40 | €75,253 | €128,888 | +€53,636 | +71.3% |
| Other amounts receivable | 41 | €19,880 | €209 | -€19,671 | -98.9% |
| Cash at bank and in hand | 54/58 | €1,140 | €917 | -€223 | -19.6% |
| Deferred charges and accrued income | 490/1 | €2,113 | €2,752 | +€639 | +30.3% |
| Total equity and liabilities | 10/49 | €484,512 | €210,785 | -€273,727 | -56.5% |
| Equity | 10/15 | €110,104 | €74,115 | -€35,989 | -32.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,518 | €94,460 | -€33,058 | -25.9% |
| 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 | €125,658 | €92,600 | -€33,058 | -26.3% |
| Profit (loss) carried forward | 14 | -€36,015 | -€38,945 | -€2,930 | -8.1% |
| Amounts payable | 17/49 | €374,408 | €136,670 | -€237,739 | -63.5% |
| Amounts payable after more than one year | 17 | €61,248 | €52,723 | -€8,525 | -13.9% |
| Financial debts | 170/4 | €61,248 | €52,723 | -€8,525 | -13.9% |
| Amounts payable within one year | 42/48 | €313,160 | €83,947 | -€229,213 | -73.2% |
| Current portion of amounts payable after more than one year | 42 | €7,991 | €8,525 | +€535 | +6.7% |
| Financial debts | 43 | €169,582 | €2,500 | -€167,081 | -98.5% |
| Credit institutions | 430/8 | €169,582 | €2,500 | -€167,081 | -98.5% |
| Trade debts | 44 | €67,926 | €45,278 | -€22,648 | -33.3% |
| Suppliers | 440/4 | €67,926 | €45,278 | -€22,648 | -33.3% |
| Taxes, remuneration and social security | 45 | €38,704 | €10,622 | -€28,082 | -72.6% |
| Taxes | 450/3 | €38,704 | €10,622 | -€28,082 | -72.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €28,958 | €17,021 | -€11,937 | -41.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €4,420 | €0 | -€4,420 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,215 | €21,546 | +€7,331 | +51.6% |
| Other operating charges | 640/8 | €9,442 | €3,054 | -€6,388 | -67.7% |
| Non-recurring operating charges | 66A | - | €21,209 | +€21,209 | |
| Gross operating margin | 9900 | €6,185 | €21,025 | +€14,840 | +240% |
| Operating profit (loss) | 9901 | -€21,892 | -€24,784 | -€2,892 | -13.2% |
| Financial income | 75/76B | €7 | €17 | +€9 | +130% |
| Recurring financial income | 75 | €7 | €17 | +€9 | +130% |
| Financial charges | 65/66B | €11,104 | €11,094 | -€10 | -0.1% |
| Recurring financial charges | 65 | €11,104 | €11,094 | -€10 | -0.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€32,989 | -€35,861 | -€2,872 | -8.7% |
| Income taxes | 67/77 | €3,026 | €128 | -€2,898 | -95.8% |
| Profit (loss) for the period | 9904 | -€36,015 | -€35,989 | +€26 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,015 | -€35,989 | +€26 | +0.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.