ARCOCHA: 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.
ARCOCHA
Largest movements
- Cash -€17,377
down €17,377 (-35.6%), from €48,800 to €31,423
mainly Debts after one year (-€39,255) and Investment in fixed assets (net) (-€20,593)
- Tangible fixed assets -€11,990
down €11,990 (-2.0%), from €592,229 to €580,239
of which Land and buildings: -€24,248
- Debts after one year -€39,255
down €39,255 (-8.6%), from €458,504 to €419,249
- Trade debts -€6,960
down €6,960 (-65.9%), from €10,554 to €3,594
- Gross operating margin -€18,358
down €18,358 (-18.3%), from €100,459 to €82,100
- Taxes -€5,570
down €5,570 (-38.2%), from €14,596 to €9,026
- Depreciation +€3,142
up €3,142 (+10.1%), from €31,190 to €34,332
- Financial charges -€1,367
down €1,367 (-7.5%), from €18,158 to €16,792
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 | €669,053 | €635,703 | -€33,350 | -5.0% |
| Fixed assets | 21/28 | €599,229 | €585,489 | -€13,740 | -2.3% |
| Intangible fixed assets | 21 | €7,000 | €5,250 | -€1,750 | -25.0% |
| Tangible fixed assets | 22/27 | €592,229 | €580,239 | -€11,990 | -2.0% |
| Land and buildings | 22 | €583,034 | €558,786 | -€24,248 | -4.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €9,195 | €13,366 | +€4,170 | +45.4% |
| Other tangible fixed assets | 26 | €0 | €8,088 | +€8,088 | |
| Current assets | 29/58 | €69,824 | €50,213 | -€19,611 | -28.1% |
| Amounts receivable within one year | 40/41 | €14,612 | €15,014 | +€401 | +2.7% |
| Trade receivables | 40 | €14,612 | €9,795 | -€4,818 | -33.0% |
| Other amounts receivable | 41 | €0 | €5,219 | +€5,219 | |
| Cash at bank and in hand | 54/58 | €48,800 | €31,423 | -€17,377 | -35.6% |
| Deferred charges and accrued income | 490/1 | €6,411 | €3,777 | -€2,635 | -41.1% |
| Total equity and liabilities | 10/49 | €669,053 | €635,703 | -€33,350 | -5.0% |
| Equity | 10/15 | €148,900 | €154,940 | +€6,040 | +4.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €98,900 | €104,940 | +€6,040 | +6.1% |
| Distributable reserves | 133 | €98,900 | €104,940 | +€6,040 | +6.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €520,153 | €480,763 | -€39,390 | -7.6% |
| Amounts payable after more than one year | 17 | €458,504 | €419,249 | -€39,255 | -8.6% |
| Financial debts | 170/4 | €458,504 | €419,249 | -€39,255 | -8.6% |
| Amounts payable within one year | 42/48 | €58,969 | €56,827 | -€2,143 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €37,825 | €39,255 | +€1,430 | +3.8% |
| Trade debts | 44 | €10,554 | €3,594 | -€6,960 | -65.9% |
| Suppliers | 440/4 | €10,554 | €3,594 | -€6,960 | -65.9% |
| Taxes, remuneration and social security | 45 | €6,309 | €3,026 | -€3,283 | -52.0% |
| Taxes | 450/3 | €6,309 | €3,026 | -€3,283 | -52.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €4,281 | €10,952 | +€6,671 | +155.8% |
| Accrued charges and deferred income | 492/3 | €2,680 | €4,687 | +€2,007 | +74.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,190 | €34,332 | +€3,142 | +10.1% |
| Other operating charges | 640/8 | €8,718 | €9,427 | +€709 | +8.1% |
| Gross operating margin | 9900 | €100,459 | €82,100 | -€18,358 | -18.3% |
| Operating profit (loss) | 9901 | €60,551 | €38,341 | -€22,210 | -36.7% |
| Financial income | 75/76B | €10 | €76 | +€66 | +638.5% |
| Recurring financial income | 75 | €10 | €76 | +€66 | +638.5% |
| Financial charges | 65/66B | €18,158 | €16,792 | -€1,367 | -7.5% |
| Recurring financial charges | 65 | €18,158 | €16,792 | -€1,367 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €42,403 | €21,626 | -€20,777 | -49.0% |
| Income taxes | 67/77 | €14,596 | €9,026 | -€5,570 | -38.2% |
| Profit (loss) for the period | 9904 | €27,807 | €12,600 | -€15,207 | -54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,807 | €12,600 | -€15,207 | -54.7% |
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.