Arco Law: 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 Law
Largest movements
- Cash +€84,714
up €84,714 (+286%), from €29,658 to €114,372
mainly Net result for the year (+€67,742) and Receivables within one year (+€15,977)
- Receivables within one year -€15,977
down €15,977 (-95.1%), from €16,799 to €822
- Profit (loss) carried forward +€67,742
up €67,742 (+271%), from €25,010 to €92,752
- Tax, wage and social debts +€2,389
up €2,389 (+15.2%), from €15,723 to €18,112
of which Remuneration and social security: +€2,450
- Gross operating margin +€52,468
up €52,468 (+161%), from €32,490 to €84,958
- Taxes +€10,858
up €10,858 (+173%), from €6,280 to €17,138
- Depreciation -€1,115
down €1,115 (-100%), from €1,115 to €0
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 | €46,457 | €115,194 | +€68,737 | +148% |
| Current assets | 29/58 | €46,457 | €115,194 | +€68,737 | +148% |
| Amounts receivable within one year | 40/41 | €16,799 | €822 | -€15,977 | -95.1% |
| Trade receivables | 40 | €16,799 | €822 | -€15,977 | -95.1% |
| Cash at bank and in hand | 54/58 | €29,658 | €114,372 | +€84,714 | +286% |
| Total equity and liabilities | 10/49 | €46,457 | €115,194 | +€68,737 | +148% |
| Equity | 10/15 | €28,010 | €95,752 | +€67,742 | +242% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,010 | €92,752 | +€67,742 | +271% |
| Amounts payable | 17/49 | €18,447 | €19,442 | +€995 | +5.4% |
| Amounts payable within one year | 42/48 | €18,366 | €19,442 | +€1,076 | +5.9% |
| Trade debts | 44 | €1,142 | €306 | -€837 | -73.2% |
| Suppliers | 440/4 | €1,142 | €306 | -€837 | -73.2% |
| Taxes, remuneration and social security | 45 | €15,723 | €18,112 | +€2,389 | +15.2% |
| Taxes | 450/3 | €15,723 | €15,662 | -€61 | -0.4% |
| Remuneration and social security | 454/9 | - | €2,450 | +€2,450 | |
| Other amounts payable | 47/48 | €1,501 | €1,024 | -€476 | -31.7% |
| Accrued charges and deferred income | 492/3 | €82 | €0 | -€82 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,115 | €0 | -€1,115 | -100% |
| Other operating charges | 640/8 | €82 | €31 | -€50 | -61.6% |
| Gross operating margin | 9900 | €32,490 | €84,958 | +€52,468 | +161% |
| Operating profit (loss) | 9901 | €31,294 | €84,926 | +€53,633 | +171% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €3 | €48 | +€45 | +1,323% |
| Recurring financial charges | 65 | €3 | €48 | +€45 | +1,323% |
| Profit (loss) for the period before taxes | 9903 | €31,290 | €84,880 | +€53,590 | +171% |
| Income taxes | 67/77 | €6,280 | €17,138 | +€10,858 | +173% |
| Profit (loss) for the period | 9904 | €25,010 | €67,742 | +€42,732 | +171% |
| Profit (loss) for the period to be appropriated | 9905 | €25,010 | €67,742 | +€42,732 | +171% |
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 24 October 2026 via checked.be.