ARCO: 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.
ARCO
Largest movements
- Cash -€897
down €897 (-88.3%), from €1,016 to €118
mainly Trade debts (-€8,974) and Tax, wage and social debts (-€277)
- Trade debts -€8,974
down €8,974 (-100.0%), from €8,974 to €0
- Profit (loss) carried forward +€6,492
up €6,492 (+5.0%), from -€130,581 to -€124,089
- Debts after one year +€2,000
up €2,000 (+2.8%), from €70,568 to €72,568
of which Other amounts payable: +€2,000
- Tax, wage and social debts -€277
down €277 (-100.0%), from €277 to €0
- Short-term financial debts -€136
down €136 (-100.0%), from €136 to €0
- Gross operating margin +€87,604
up €87,604, from -€80,792 to €6,812
- Financial charges -€18,069
down €18,069 (-98.9%), from €18,263 to €194
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 | €2,740 | €1,846 | -€895 | -32.7% |
| Fixed assets | 21/28 | €1,680 | €1,680 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,680 | €1,680 | = | 0.0% |
| Land and buildings | 22 | €1,680 | €1,680 | = | 0.0% |
| Current assets | 29/58 | €1,060 | €166 | -€895 | -84.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,016 | €118 | -€897 | -88.3% |
| Deferred charges and accrued income | 490/1 | €45 | €47 | +€2 | +5.3% |
| Total equity and liabilities | 10/49 | €2,740 | €1,846 | -€895 | -32.7% |
| Equity | 10/15 | -€77,214 | -€70,722 | +€6,492 | +8.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,680 | €1,680 | = | 0.0% |
| Reserves | 13 | €1,687 | €1,687 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,687 | €1,687 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,687 | €1,687 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,581 | -€124,089 | +€6,492 | +5.0% |
| Amounts payable | 17/49 | €79,954 | €72,568 | -€7,387 | -9.2% |
| Amounts payable after more than one year | 17 | €70,568 | €72,568 | +€2,000 | +2.8% |
| Financial debts | 170/4 | €25,000 | €25,000 | = | 0.0% |
| Other amounts payable | 178/9 | €45,568 | €47,568 | +€2,000 | +4.4% |
| Amounts payable within one year | 42/48 | €9,387 | €0 | -€9,387 | -100.0% |
| Financial debts | 43 | €136 | €0 | -€136 | -100.0% |
| Credit institutions | 430/8 | €136 | €0 | -€136 | -100.0% |
| Trade debts | 44 | €8,974 | €0 | -€8,974 | -100.0% |
| Suppliers | 440/4 | €8,974 | €0 | -€8,974 | -100.0% |
| Taxes, remuneration and social security | 45 | €277 | €0 | -€277 | -100.0% |
| Taxes | 450/3 | €277 | €0 | -€277 | -100.0% |
| Non-recurring operating income | 76A | - | €8,974 | +€8,974 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €540 | €126 | -€414 | -76.7% |
| Gross operating margin | 9900 | -€80,792 | €6,812 | +€87,604 | |
| Operating profit (loss) | 9901 | -€81,332 | €6,686 | +€88,018 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €18,263 | €194 | -€18,069 | -98.9% |
| Recurring financial charges | 65 | €18,263 | €194 | -€18,069 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | -€99,595 | €6,492 | +€106,087 | |
| Profit (loss) for the period | 9904 | -€99,595 | €6,492 | +€106,087 | |
| Profit (loss) for the period to be appropriated | 9905 | -€99,595 | €6,492 | +€106,087 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.