ARCO CONCEPT: 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 CONCEPT
Largest movements
- Cash +€13,972
up €13,972 (+512%), from €2,731 to €16,703
mainly Net result for the year (+€161,410) and Depreciation (+€11,135)
- Receivables within one year +€6,112
up €6,112 (+2.6%), from €232,292 to €238,405
of which Other amounts receivable: +€126,511
- Deferred charges and accrued income +€5,091
up €5,091 (+50.5%), from €10,085 to €15,176
- Profit (loss) carried forward +€161,410
up €161,410, from -€14,116 to €147,294
- Trade debts -€141,421
down €141,421 (-59.6%), from €237,257 to €95,836
- Tax, wage and social debts +€4,739
up €4,739 (+9.8%), from €48,602 to €53,340
of which Taxes: +€5,453
- Gross operating margin +€106,129
up €106,129 (+47.6%), from €222,909 to €329,038
- Staff costs -€62,753
down €62,753 (-29.2%), from €214,847 to €152,094
- Write-downs -€5,500
no longer reported in 2025 (was €5,500)
- Depreciation +€3,617
up €3,617 (+48.1%), from €7,519 to €11,135
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 | €285,154 | €309,470 | +€24,316 | +8.5% |
| Fixed assets | 21/28 | €40,047 | €39,187 | -€860 | -2.1% |
| Tangible fixed assets | 22/27 | €40,047 | €39,187 | -€860 | -2.1% |
| Plant, machinery and equipment | 23 | €17,322 | €22,504 | +€5,182 | +29.9% |
| Furniture and vehicles | 24 | €22,725 | €16,683 | -€6,042 | -26.6% |
| Current assets | 29/58 | €245,108 | €270,284 | +€25,176 | +10.3% |
| Amounts receivable within one year | 40/41 | €232,292 | €238,405 | +€6,112 | +2.6% |
| Trade receivables | 40 | €176,170 | €55,771 | -€120,399 | -68.3% |
| Other amounts receivable | 41 | €56,123 | €182,634 | +€126,511 | +225% |
| Cash at bank and in hand | 54/58 | €2,731 | €16,703 | +€13,972 | +512% |
| Deferred charges and accrued income | 490/1 | €10,085 | €15,176 | +€5,091 | +50.5% |
| Total equity and liabilities | 10/49 | €285,154 | €309,470 | +€24,316 | +8.5% |
| Equity | 10/15 | -€11,116 | €150,294 | +€161,410 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,116 | €147,294 | +€161,410 | |
| Amounts payable | 17/49 | €296,270 | €159,176 | -€137,094 | -46.3% |
| Amounts payable within one year | 42/48 | €296,270 | €159,176 | -€137,094 | -46.3% |
| Trade debts | 44 | €237,257 | €95,836 | -€141,421 | -59.6% |
| Suppliers | 440/4 | €237,257 | €95,836 | -€141,421 | -59.6% |
| Advances received on contracts in progress | 46 | €10,000 | €10,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €48,602 | €53,340 | +€4,739 | +9.8% |
| Taxes | 450/3 | €4,070 | €9,523 | +€5,453 | +134% |
| Remuneration and social security | 454/9 | €44,532 | €43,818 | -€714 | -1.6% |
| Other amounts payable | 47/48 | €412 | - | -€412 | |
| Remuneration, social security and pensions | 62 | €214,847 | €152,094 | -€62,753 | -29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,519 | €11,135 | +€3,617 | +48.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,500 | - | -€5,500 | |
| Other operating charges | 640/8 | €543 | €452 | -€91 | -16.8% |
| Gross operating margin | 9900 | €222,909 | €329,038 | +€106,129 | +47.6% |
| Operating profit (loss) | 9901 | -€5,500 | €165,356 | +€170,857 | |
| Financial income | 75/76B | €745 | €0 | -€745 | -100.0% |
| Recurring financial income | 75 | €745 | €0 | -€745 | -100.0% |
| Financial charges | 65/66B | €5,078 | €3,946 | -€1,132 | -22.3% |
| Recurring financial charges | 65 | €5,078 | €3,946 | -€1,132 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,833 | €161,410 | +€171,243 | |
| Income taxes | 67/77 | €97 | - | -€97 | |
| Profit (loss) for the period | 9904 | -€9,930 | €161,410 | +€171,340 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,930 | €161,410 | +€171,340 |
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 15 October 2026 via checked.be.