Arclebo: 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.
Arclebo
Largest movements
- Current investments +€120,249
up €120,249 (+181.2%), from €66,380 to €186,629
- Cash -€41,688
down €41,688 (-20.0%), from €208,735 to €167,047
mainly Current investments (-€120,249) and Investment in fixed assets (net) (-€34,105)
- Tangible fixed assets +€23,047
up €23,047 (+75.3%), from €30,609 to €53,655
of which Furniture and vehicles: +€23,787
- Profit (loss) carried forward +€108,271
up €108,271 (+549.3%), from €19,710 to €127,981
- Tax, wage and social debts +€14,666
up €14,666 (+111.7%), from €13,125 to €27,790
- Debts after one year -€12,453
no longer reported in 2025 (was €12,453)
- Current portion of long-term debt -€4,765
down €4,765 (-27.7%), from €17,218 to €12,453
- Other debts -€4,112
down €4,112 (-66.1%), from €6,219 to €2,107
- Gross operating margin +€28,609
up €28,609 (+24.0%), from €119,287 to €147,896
- Depreciation +€2,516
up €2,516 (+29.5%), from €8,542 to €11,058
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.
Cash bridge derived
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 | €305,724 | €407,331 | +€101,607 | +33.2% |
| Fixed assets | 21/28 | €30,609 | €53,655 | +€23,047 | +75.3% |
| Tangible fixed assets | 22/27 | €30,609 | €53,655 | +€23,047 | +75.3% |
| Plant, machinery and equipment | 23 | €2,240 | €1,500 | -€740 | -33.0% |
| Furniture and vehicles | 24 | €28,368 | €52,155 | +€23,787 | +83.9% |
| Current assets | 29/58 | €275,115 | €353,676 | +€78,560 | +28.6% |
| Current investments | 50/53 | €66,380 | €186,629 | +€120,249 | +181.2% |
| Cash at bank and in hand | 54/58 | €208,735 | €167,047 | -€41,688 | -20.0% |
| Total equity and liabilities | 10/49 | €305,724 | €407,331 | +€101,607 | +33.2% |
| Equity | 10/15 | €256,710 | €364,981 | +€108,271 | +42.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €230,000 | €230,000 | = | 0.0% |
| Distributable reserves | 133 | €230,000 | €230,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,710 | €127,981 | +€108,271 | +549.3% |
| Amounts payable | 17/49 | €49,014 | €42,350 | -€6,664 | -13.6% |
| Amounts payable after more than one year | 17 | €12,453 | - | -€12,453 | |
| Financial debts | 170/4 | €12,453 | - | -€12,453 | |
| Amounts payable within one year | 42/48 | €36,561 | €42,350 | +€5,789 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €17,218 | €12,453 | -€4,765 | -27.7% |
| Taxes, remuneration and social security | 45 | €13,125 | €27,790 | +€14,666 | +111.7% |
| Taxes | 450/3 | €13,125 | €27,790 | +€14,666 | +111.7% |
| Other amounts payable | 47/48 | €6,219 | €2,107 | -€4,112 | -66.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,542 | €11,058 | +€2,516 | +29.5% |
| Other operating charges | 640/8 | €725 | €688 | -€36 | -5.0% |
| Gross operating margin | 9900 | €119,287 | €147,896 | +€28,609 | +24.0% |
| Operating profit (loss) | 9901 | €110,021 | €136,150 | +€26,129 | +23.7% |
| Financial income | 75/76B | €3,407 | €3,690 | +€283 | +8.3% |
| Recurring financial income | 75 | €3,407 | €3,690 | +€283 | +8.3% |
| Financial charges | 65/66B | €1,654 | €1,791 | +€136 | +8.3% |
| Recurring financial charges | 65 | €1,654 | €1,791 | +€136 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €111,774 | €138,049 | +€26,276 | +23.5% |
| Income taxes | 67/77 | €30,058 | €29,778 | -€280 | -0.9% |
| Profit (loss) for the period | 9904 | €81,716 | €108,271 | +€26,556 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €81,716 | €108,271 | +€26,556 | +32.5% |
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 10 October 2026 via checked.be.