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
- Receivables within one year -€6,715
down €6,715 (-7.4%), from €90,394 to €83,679
of which Other amounts receivable: -€7,111
- Cash -€2,194
down €2,194 (-48.7%), from €4,502 to €2,308
mainly Tax, wage and social debts (-€16,711)
- Deferred charges and accrued income -€1,795
down €1,795 (-100.0%), from €1,795 to €0
- Tax, wage and social debts -€16,711
down €16,711 (-74.9%), from €22,319 to €5,608
of which Taxes: -€15,511
- Reserves +€3,144
up €3,144 (+4.8%), from €66,126 to €69,270
- Trade debts +€2,863
up €2,863 (+139.9%), from €2,046 to €4,909
- Gross operating margin -€19,621
down €19,621 (-85.4%), from €22,976 to €3,355
- Taxes -€8,108
down €8,108 (-83.5%), from €9,712 to €1,604
- Financial charges +€2,467
up €2,467 (+348.2%), from €708 to €3,175
- Financial income -€1,916
down €1,916 (-27.9%), from €6,871 to €4,956
- Other operating charges -€449
down €449 (-53.7%), from €836 to €387
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 | €96,691 | €85,987 | -€10,704 | -11.1% |
| Current assets | 29/58 | €96,691 | €85,987 | -€10,704 | -11.1% |
| Amounts receivable within one year | 40/41 | €90,394 | €83,679 | -€6,715 | -7.4% |
| Trade receivables | 40 | €3,802 | €4,197 | +€396 | +10.4% |
| Other amounts receivable | 41 | €86,592 | €79,481 | -€7,111 | -8.2% |
| Cash at bank and in hand | 54/58 | €4,502 | €2,308 | -€2,194 | -48.7% |
| Deferred charges and accrued income | 490/1 | €1,795 | €0 | -€1,795 | -100.0% |
| Total equity and liabilities | 10/49 | €96,691 | €85,987 | -€10,704 | -11.1% |
| Equity | 10/15 | €72,326 | €75,470 | +€3,144 | +4.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €66,126 | €69,270 | +€3,144 | +4.8% |
| Distributable reserves | 133 | €66,126 | €69,270 | +€3,144 | +4.8% |
| Amounts payable | 17/49 | €24,365 | €10,517 | -€13,849 | -56.8% |
| Amounts payable within one year | 42/48 | €24,365 | €10,517 | -€13,849 | -56.8% |
| Trade debts | 44 | €2,046 | €4,909 | +€2,863 | +139.9% |
| Suppliers | 440/4 | €2,046 | €4,909 | +€2,863 | +139.9% |
| Taxes, remuneration and social security | 45 | €22,319 | €5,608 | -€16,711 | -74.9% |
| Taxes | 450/3 | €21,119 | €5,608 | -€15,511 | -73.4% |
| Remuneration and social security | 454/9 | €1,200 | €0 | -€1,200 | -100.0% |
| Other operating charges | 640/8 | €836 | €387 | -€449 | -53.7% |
| Gross operating margin | 9900 | €22,976 | €3,355 | -€19,621 | -85.4% |
| Operating profit (loss) | 9901 | €22,139 | €2,968 | -€19,172 | -86.6% |
| Financial income | 75/76B | €6,871 | €4,956 | -€1,916 | -27.9% |
| Recurring financial income | 75 | €6,871 | €4,956 | -€1,916 | -27.9% |
| Financial charges | 65/66B | €708 | €3,175 | +€2,467 | +348.2% |
| Recurring financial charges | 65 | €708 | €3,175 | +€2,467 | +348.2% |
| Profit (loss) for the period before taxes | 9903 | €28,303 | €4,748 | -€23,554 | -83.2% |
| Income taxes | 67/77 | €9,712 | €1,604 | -€8,108 | -83.5% |
| Profit (loss) for the period | 9904 | €18,591 | €3,144 | -€15,446 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,591 | €3,144 | -€15,446 | -83.1% |
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 9 October 2026 via checked.be.