ARCO: what changed
Two fiscal 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.
ARCO
Largest movements
- Receivables within one year -€985
no longer reported in 2025 (was €985)
- Other debts +€2,365
up €2,365 (+13.5%), from €17,527 to €19,892
- Reserves -€1,501
down €1,501 (-2.1%), from €70,438 to €68,937
- Trade debts -€1,016
no longer reported in 2025 (was €1,016)
- Gross operating margin -€17,230
no longer reported in 2025 (was €17,230)
- Depreciation -€9,568
no longer reported in 2025 (was €9,568)
- Taxes -€1,515
no longer reported in 2025 (was €1,515)
- Financial charges -€1,077
no longer reported in 2025 (was €1,077)
- Other operating charges -€610
down €610 (-28.9%), from €2,110 to €1,501
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 | €96,012 | €95,026 | -€985 | -1.0% |
| Fixed assets | 21/28 | €95,022 | €95,022 | = | 0.0% |
| Tangible fixed assets | 22/27 | €94,887 | €94,887 | = | 0.0% |
| Land and buildings | 22 | €75,061 | €75,061 | = | 0.0% |
| Plant, machinery and equipment | 23 | €19,826 | €19,826 | = | 0.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €990 | €5 | -€985 | -99.5% |
| Amounts receivable within one year | 40/41 | €985 | - | -€985 | |
| Other amounts receivable | 41 | €985 | - | -€985 | |
| Cash at bank and in hand | 54/58 | €5 | €5 | +€0 | +1.7% |
| Total equity and liabilities | 10/49 | €96,012 | €95,026 | -€985 | -1.0% |
| Equity | 10/15 | €76,635 | €75,135 | -€1,501 | -2.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €70,438 | €68,937 | -€1,501 | -2.1% |
| Distributable reserves | 133 | €70,438 | €68,937 | -€1,501 | -2.1% |
| Amounts payable | 17/49 | €19,376 | €19,892 | +€515 | +2.7% |
| Amounts payable within one year | 42/48 | €19,376 | €19,892 | +€515 | +2.7% |
| Financial debts | 43 | €833 | - | -€833 | |
| Credit institutions | 430/8 | €833 | - | -€833 | |
| Trade debts | 44 | €1,016 | - | -€1,016 | |
| Suppliers | 440/4 | €1,016 | - | -€1,016 | |
| Other amounts payable | 47/48 | €17,527 | €19,892 | +€2,365 | +13.5% |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,568 | - | -€9,568 | |
| Other operating charges | 640/8 | €2,110 | €1,501 | -€610 | -28.9% |
| Gross operating margin | 9900 | €17,230 | - | -€17,230 | |
| Operating profit (loss) | 9901 | €5,551 | -€1,501 | -€7,051 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,077 | - | -€1,077 | |
| Recurring financial charges | 65 | €1,077 | - | -€1,077 | |
| Profit (loss) for the period before taxes | 9903 | €4,475 | -€1,501 | -€5,975 | |
| Income taxes | 67/77 | €1,515 | - | -€1,515 | |
| Profit (loss) for the period | 9904 | €2,960 | -€1,501 | -€4,461 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,960 | -€1,501 | -€4,461 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.