ARCO MANAGEMENT: 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 MANAGEMENT
Largest movements
- Cash -€3,903
down €3,903 (-30.5%), from €12,791 to €8,887
mainly Tax, wage and social debts (-€4,929) and Receivables within one year (-€2,671)
- Receivables within one year +€2,671
up €2,671 (+17.5%), from €15,255 to €17,925
of which Other amounts receivable: +€2,252
- Tangible fixed assets +€1,583
up €1,583 (+264.6%), from €598 to €2,181
of which Furniture and vehicles: +€1,583
- Deferred charges and accrued income +€339
up €339 (+25.1%), from €1,354 to €1,693
- Tax, wage and social debts -€4,929
down €4,929 (-54.5%), from €9,048 to €4,119
of which Taxes: -€6,291
- Trade debts +€4,170
up €4,170 (+123.7%), from €3,370 to €7,540
- Profit (loss) carried forward +€1,404
up €1,404 (+17.0%), from €8,255 to €9,659
- Staff costs +€14,919
up €14,919 (+199454.8%), from €7 to €14,927
- Gross operating margin +€4,700
up €4,700 (+25.5%), from €18,396 to €23,096
- Taxes -€1,602
down €1,602 (-36.7%), from €4,360 to €2,758
- Other operating charges +€1,079
up €1,079 (+60.0%), from €1,800 to €2,879
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 | €29,998 | €30,687 | +€690 | +2.3% |
| Fixed assets | 21/28 | €598 | €2,181 | +€1,583 | +264.6% |
| Tangible fixed assets | 22/27 | €598 | €2,181 | +€1,583 | +264.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €598 | €2,181 | +€1,583 | +264.6% |
| Current assets | 29/58 | €29,399 | €28,506 | -€893 | -3.0% |
| Amounts receivable within one year | 40/41 | €15,255 | €17,925 | +€2,671 | +17.5% |
| Trade receivables | 40 | €13,605 | €14,024 | +€419 | +3.1% |
| Other amounts receivable | 41 | €1,650 | €3,902 | +€2,252 | +136.5% |
| Cash at bank and in hand | 54/58 | €12,791 | €8,887 | -€3,903 | -30.5% |
| Deferred charges and accrued income | 490/1 | €1,354 | €1,693 | +€339 | +25.1% |
| Total equity and liabilities | 10/49 | €29,998 | €30,687 | +€690 | +2.3% |
| Equity | 10/15 | €13,255 | €14,659 | +€1,404 | +10.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,255 | €9,659 | +€1,404 | +17.0% |
| Amounts payable | 17/49 | €16,743 | €16,028 | -€715 | -4.3% |
| Amounts payable within one year | 42/48 | €16,743 | €15,847 | -€896 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €4,182 | €4,179 | -€3 | -0.1% |
| Credit institutions | 430/8 | €4,182 | €4,179 | -€3 | -0.1% |
| Trade debts | 44 | €3,370 | €7,540 | +€4,170 | +123.7% |
| Suppliers | 440/4 | €3,370 | €7,540 | +€4,170 | +123.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €9,048 | €4,119 | -€4,929 | -54.5% |
| Taxes | 450/3 | €9,048 | €2,757 | -€6,291 | -69.5% |
| Remuneration and social security | 454/9 | - | €1,362 | +€1,362 | |
| Other amounts payable | 47/48 | €143 | €9 | -€134 | -93.5% |
| Accrued charges and deferred income | 492/3 | €0 | €181 | +€181 | |
| Remuneration, social security and pensions | 62 | €7 | €14,927 | +€14,919 | +199454.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €621 | €721 | +€100 | +16.1% |
| Other operating charges | 640/8 | €1,800 | €2,879 | +€1,079 | +60.0% |
| Gross operating margin | 9900 | €18,396 | €23,096 | +€4,700 | +25.5% |
| Operating profit (loss) | 9901 | €15,968 | €4,569 | -€11,399 | -71.4% |
| Financial income | 75/76B | €138 | €30 | -€109 | -78.5% |
| Recurring financial income | 75 | €138 | €30 | -€109 | -78.5% |
| Financial charges | 65/66B | €327 | €437 | +€110 | +33.7% |
| Recurring financial charges | 65 | €327 | €437 | +€110 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €15,780 | €4,162 | -€11,618 | -73.6% |
| Income taxes | 67/77 | €4,360 | €2,758 | -€1,602 | -36.7% |
| Profit (loss) for the period | 9904 | €11,420 | €1,404 | -€10,016 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,420 | €1,404 | -€10,016 | -87.7% |
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 9 October 2026 via checked.be.