ARCOGEST: what changed
Two fiscal 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.
ARCOGEST
Largest movements
- Tangible fixed assets -€33,498
down €33,498 (-92.4%), from €36,242 to €2,744
- Receivables within one year +€8,156
up €8,156 (+28.5%), from €28,624 to €36,780
of which Trade receivables: +€8,867
- Cash +€5,916
up €5,916 (+37.3%), from €15,846 to €21,762
mainly Investment in fixed assets (net) (+€31,381) and Tax, wage and social debts (+€6,872)
- Deferred charges and accrued income +€1,100
up €1,100 (+38.9%), from €2,825 to €3,924
- Debts after one year -€9,821
no longer reported in 2025 (was €9,821)
- Current portion of long-term debt -€7,559
no longer reported in 2025 (was €7,559)
- Tax, wage and social debts +€6,872
up €6,872 (+40.9%), from €16,784 to €23,656
of which Taxes: +€3,445
- Trade debts -€5,570
down €5,570 (-92.9%), from €5,995 to €425
- Profit (loss) carried forward -€2,231
down €2,231 (-6.9%), from €32,566 to €30,334
- Depreciation -€9,951
down €9,951 (-82.5%), from €12,068 to €2,118
- Staff costs +€5,066
up €5,066 (+8.7%), from €58,524 to €63,590
- Gross operating margin +€1,245
up €1,245 (+1.7%), from €74,663 to €75,907
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 | €83,537 | €65,210 | -€18,326 | -21.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €36,242 | €2,744 | -€33,498 | -92.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €36,242 | €2,744 | -€33,498 | -92.4% |
| Furniture and vehicles | 24 | €36,242 | €2,744 | -€33,498 | -92.4% |
| Current assets | 29/58 | €47,294 | €62,466 | +€15,172 | +32.1% |
| Amounts receivable within one year | 40/41 | €28,624 | €36,780 | +€8,156 | +28.5% |
| Trade receivables | 40 | €27,858 | €36,725 | +€8,867 | +31.8% |
| Other amounts receivable | 41 | €766 | €55 | -€711 | -92.8% |
| Cash at bank and in hand | 54/58 | €15,846 | €21,762 | +€5,916 | +37.3% |
| Deferred charges and accrued income | 490/1 | €2,825 | €3,924 | +€1,100 | +38.9% |
| Total equity and liabilities | 10/49 | €83,537 | €65,210 | -€18,326 | -21.9% |
| Equity | 10/15 | €40,621 | €38,389 | -€2,231 | -5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,566 | €30,334 | -€2,231 | -6.9% |
| Amounts payable | 17/49 | €42,916 | €26,821 | -€16,095 | -37.5% |
| Amounts payable after more than one year | 17 | €9,821 | - | -€9,821 | |
| Financial debts | 170/4 | €9,821 | - | -€9,821 | |
| Amounts payable within one year | 42/48 | €33,095 | €26,821 | -€6,274 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €7,559 | - | -€7,559 | |
| Trade debts | 44 | €5,995 | €425 | -€5,570 | -92.9% |
| Suppliers | 440/4 | €5,995 | €425 | -€5,570 | -92.9% |
| Taxes, remuneration and social security | 45 | €16,784 | €23,656 | +€6,872 | +40.9% |
| Taxes | 450/3 | €5,218 | €8,663 | +€3,445 | +66.0% |
| Remuneration and social security | 454/9 | €11,566 | €14,993 | +€3,427 | +29.6% |
| Other amounts payable | 47/48 | €2,757 | €2,740 | -€17 | -0.6% |
| Non-recurring operating income | 76A | €1,073 | - | -€1,073 | |
| Remuneration, social security and pensions | 62 | €58,524 | €63,590 | +€5,066 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,068 | €2,118 | -€9,951 | -82.5% |
| Other operating charges | 640/8 | €163 | €211 | +€49 | +29.8% |
| Non-recurring operating charges | 66A | €139 | €8,259 | +€8,120 | +5850.5% |
| Gross operating margin | 9900 | €74,663 | €75,907 | +€1,245 | +1.7% |
| Operating profit (loss) | 9901 | €3,769 | €1,729 | -€2,040 | -54.1% |
| Financial income | 75/76B | €24 | €371 | +€347 | +1469.6% |
| Recurring financial income | 75 | €24 | €371 | +€347 | +1469.6% |
| Financial charges | 65/66B | €831 | €386 | -€445 | -53.6% |
| Recurring financial charges | 65 | €831 | €386 | -€445 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | €2,961 | €1,714 | -€1,247 | -42.1% |
| Income taxes | 67/77 | €1,734 | €1,445 | -€289 | -16.6% |
| Profit (loss) for the period | 9904 | €1,227 | €269 | -€959 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,227 | €269 | -€959 | -78.1% |
Source: filed annual accounts (NBB), fiscal 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.