Arco Boni: 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 Boni
Largest movements
- Receivables after one year -€408,464
down €408,464 (-74.9%), from €545,000 to €136,536
- Receivables within one year -€142,408
down €142,408 (-70.2%), from €202,733 to €60,325
of which Other amounts receivable: -€200,591
- Current investments +€51,000
new in 2025: €51,000
- Cash -€20,703
down €20,703 (-18.8%), from €109,985 to €89,282
mainly Contributions, distributions and other (-€732,961) and Current investments (-€51,000)
- Tangible fixed assets -€19,693
down €19,693 (-14.8%), from €132,872 to €113,178
of which Furniture and vehicles: -€28,014
- Contributions -€691,824
down €691,824 (-98.8%), from €700,000 to €8,176
- Reserves +€143,168
up €143,168 (+29.6%), from €482,871 to €626,039
of which Distributable reserves: +€151,440
- Other debts +€32,961
new in 2025: €32,961
- Debts after one year -€17,553
down €17,553 (-26.9%), from €65,140 to €47,587
- Financial income +€120,699
up €120,699 (+1,226%), from €9,844 to €130,544
- Gross operating margin -€18,031
down €18,031 (-10.9%), from €165,704 to €147,672
- Depreciation +€11,741
up €11,741 (+62.7%), from €18,716 to €30,457
- Taxes +€11,659
up €11,659 (+25.3%), from €46,160 to €57,818
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 | €1,285,780 | €758,511 | -€527,269 | -41.0% |
| Fixed assets | 21/28 | €428,062 | €421,368 | -€6,693 | -1.6% |
| Tangible fixed assets | 22/27 | €132,872 | €113,178 | -€19,693 | -14.8% |
| Plant, machinery and equipment | 23 | €5,271 | €13,592 | +€8,321 | +158% |
| Furniture and vehicles | 24 | €127,601 | €99,586 | -€28,014 | -22.0% |
| Financial fixed assets | 28 | €295,190 | €308,190 | +€13,000 | +4.4% |
| Current assets | 29/58 | €857,718 | €337,143 | -€520,575 | -60.7% |
| Amounts receivable after more than one year | 29 | €545,000 | €136,536 | -€408,464 | -74.9% |
| Other amounts receivable | 291 | €545,000 | €136,536 | -€408,464 | -74.9% |
| Amounts receivable within one year | 40/41 | €202,733 | €60,325 | -€142,408 | -70.2% |
| Trade receivables | 40 | €0 | €58,183 | +€58,183 | |
| Other amounts receivable | 41 | €202,733 | €2,142 | -€200,591 | -98.9% |
| Current investments | 50/53 | - | €51,000 | +€51,000 | |
| Cash at bank and in hand | 54/58 | €109,985 | €89,282 | -€20,703 | -18.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,285,780 | €758,511 | -€527,269 | -41.0% |
| Equity | 10/15 | €1,182,871 | €634,215 | -€548,657 | -46.4% |
| Contributions | 10/11 | €700,000 | €8,176 | -€691,824 | -98.8% |
| Reserves | 13 | €482,871 | €626,039 | +€143,168 | +29.6% |
| Non-distributable reserves | 130/1 | €8,272 | €0 | -€8,272 | -100% |
| Reserves not available under the articles | 1311 | €8,272 | €0 | -€8,272 | -100% |
| Distributable reserves | 133 | €474,599 | €626,039 | +€151,440 | +31.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €102,909 | €124,297 | +€21,388 | +20.8% |
| Amounts payable after more than one year | 17 | €65,140 | €47,587 | -€17,553 | -26.9% |
| Financial debts | 170/4 | €65,140 | €47,587 | -€17,553 | -26.9% |
| Amounts payable within one year | 42/48 | €37,769 | €76,710 | +€38,941 | +103% |
| Current portion of amounts payable after more than one year | 42 | €16,763 | €17,553 | +€790 | +4.7% |
| Trade debts | 44 | €181 | €2,560 | +€2,378 | +1,311% |
| Suppliers | 440/4 | €181 | €2,560 | +€2,378 | +1,311% |
| Taxes, remuneration and social security | 45 | €20,824 | €23,636 | +€2,812 | +13.5% |
| Taxes | 450/3 | €20,824 | €23,636 | +€2,812 | +13.5% |
| Other amounts payable | 47/48 | - | €32,961 | +€32,961 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,716 | €30,457 | +€11,741 | +62.7% |
| Other operating charges | 640/8 | €1,010 | €1,556 | +€545 | +54.0% |
| Gross operating margin | 9900 | €165,704 | €147,672 | -€18,031 | -10.9% |
| Operating profit (loss) | 9901 | €145,977 | €115,659 | -€30,318 | -20.8% |
| Financial income | 75/76B | €9,844 | €130,544 | +€120,699 | +1,226% |
| Recurring financial income | 75 | €9,844 | €130,544 | +€120,699 | +1,226% |
| Financial charges | 65/66B | €2,878 | €4,081 | +€1,203 | +41.8% |
| Recurring financial charges | 65 | €2,878 | €4,081 | +€1,203 | +41.8% |
| Profit (loss) for the period before taxes | 9903 | €152,944 | €242,122 | +€89,178 | +58.3% |
| Income taxes | 67/77 | €46,160 | €57,818 | +€11,659 | +25.3% |
| Profit (loss) for the period | 9904 | €106,784 | €184,304 | +€77,520 | +72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €106,784 | €184,304 | +€77,520 | +72.6% |
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 28 October 2026 via checked.be.