ARClear: 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.
ARClear
Largest movements
- Cash +€9,403
up €9,403 (+124%), from €7,580 to €16,983
mainly Net result for the year (+€21,393) and Contributions, distributions and other (+€0)
- Receivables within one year +€5,910
up €5,910 (+304%), from €1,944 to €7,854
of which Trade receivables: +€7,254
- Profit (loss) carried forward +€21,394
up €21,394, from -€14,271 to €7,123
- Tax, wage and social debts -€4,607
down €4,607 (-72.7%), from €6,337 to €1,730
of which Remuneration and social security: -€3,739
- Other debts -€806
down €806 (-7.3%), from €11,014 to €10,208
- Trade debts -€668
down €668 (-46.2%), from €1,444 to €776
- Gross operating margin +€56,703
up €56,703, from -€34,869 to €21,834
- Depreciation -€9,025
no longer reported in 2025 (was €9,025)
- Financial income -€669
down €669 (-99.8%), from €670 to €1
of which Non-recurring financial income: -€670
- Other operating charges -€510
down €510 (-80.0%), from €638 to €128
- Financial charges -€438
down €438 (-58.2%), from €753 to €315
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 | €9,524 | €24,837 | +€15,313 | +161% |
| Current assets | 29/58 | €9,524 | €24,837 | +€15,313 | +161% |
| Amounts receivable within one year | 40/41 | €1,944 | €7,854 | +€5,910 | +304% |
| Trade receivables | 40 | €600 | €7,854 | +€7,254 | +1,209% |
| Other amounts receivable | 41 | €1,344 | - | -€1,344 | |
| Cash at bank and in hand | 54/58 | €7,580 | €16,983 | +€9,403 | +124% |
| Total equity and liabilities | 10/49 | €9,524 | €24,837 | +€15,313 | +161% |
| Equity | 10/15 | -€9,271 | €12,123 | +€21,394 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,271 | €7,123 | +€21,394 | |
| Amounts payable | 17/49 | €18,795 | €12,714 | -€6,081 | -32.4% |
| Amounts payable within one year | 42/48 | €18,795 | €12,714 | -€6,081 | -32.4% |
| Trade debts | 44 | €1,444 | €776 | -€668 | -46.2% |
| Suppliers | 440/4 | €1,444 | €776 | -€668 | -46.2% |
| Taxes, remuneration and social security | 45 | €6,337 | €1,730 | -€4,607 | -72.7% |
| Taxes | 450/3 | €1,187 | €319 | -€868 | -73.1% |
| Remuneration and social security | 454/9 | €5,150 | €1,411 | -€3,739 | -72.6% |
| Other amounts payable | 47/48 | €11,014 | €10,208 | -€806 | -7.3% |
| Non-recurring operating income | 76A | €3,615 | €3,629 | +€14 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,025 | - | -€9,025 | |
| Other operating charges | 640/8 | €638 | €128 | -€510 | -80.0% |
| Gross operating margin | 9900 | -€34,869 | €21,834 | +€56,703 | |
| Operating profit (loss) | 9901 | -€44,532 | €21,707 | +€66,239 | |
| Financial income | 75/76B | €670 | €1 | -€669 | -99.8% |
| Recurring financial income | 75 | €670 | €1 | -€669 | -99.8% |
| Non-recurring financial income | 76B | €670 | - | -€670 | |
| Financial charges | 65/66B | €753 | €315 | -€438 | -58.2% |
| Recurring financial charges | 65 | €753 | €315 | -€438 | -58.2% |
| Profit (loss) for the period before taxes | 9903 | -€44,615 | €21,393 | +€66,008 | |
| Profit (loss) for the period | 9904 | -€44,615 | €21,393 | +€66,008 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,615 | €21,393 | +€66,008 |
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.