ARCOM: 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.
ARCOM
Largest movements
- Receivables within one year -€2,823
no longer reported in 2025 (was €2,823)
of which Trade receivables: -€2,316
- Financial fixed assets -€124
no longer reported in 2025 (was €124)
- Other debts -€2,046
down €2,046 (-24.9%), from €8,208 to €6,162
- Profit (loss) carried forward -€759
down €759 (-4.8%), from -€15,891 to -€16,650
- Trade debts -€145
no longer reported in 2025 (was €145)
- Gross operating margin -€472
down €472, from €191 to -€281
- Turnover -€325
down €325 (-81.3%), from €400 to €75
- Purchases and services +€147
up €147 (+70.4%), from €209 to €356
- Other operating charges +€15
up €15 (+4.0%), from €384 to €400
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 | €6,516 | €3,565 | -€2,950 | -45.3% |
| Fixed assets | 21/28 | €124 | - | -€124 | |
| Financial fixed assets | 28 | €124 | - | -€124 | |
| Current assets | 29/58 | €6,392 | €3,565 | -€2,826 | -44.2% |
| Amounts receivable within one year | 40/41 | €2,823 | - | -€2,823 | |
| Trade receivables | 40 | €2,316 | - | -€2,316 | |
| Other amounts receivable | 41 | €507 | - | -€507 | |
| Cash at bank and in hand | 54/58 | €3,568 | €3,565 | -€3 | -0.1% |
| Total equity and liabilities | 10/49 | €6,516 | €3,565 | -€2,950 | -45.3% |
| Equity | 10/15 | -€1,837 | -€2,596 | -€759 | -41.3% |
| Contributions | 10/11 | €13,014 | €13,014 | = | 0.0% |
| Reserves | 13 | €1,040 | €1,040 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,040 | €1,040 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,040 | €1,040 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,891 | -€16,650 | -€759 | -4.8% |
| Amounts payable | 17/49 | €8,353 | €6,162 | -€2,191 | -26.2% |
| Amounts payable within one year | 42/48 | €8,353 | €6,162 | -€2,191 | -26.2% |
| Trade debts | 44 | €145 | - | -€145 | |
| Suppliers | 440/4 | €145 | - | -€145 | |
| Other amounts payable | 47/48 | €8,208 | €6,162 | -€2,046 | -24.9% |
| Turnover | 70 | €400 | €75 | -€325 | -81.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €209 | €356 | +€147 | +70.4% |
| Other operating charges | 640/8 | €384 | €400 | +€15 | +4.0% |
| Gross operating margin | 9900 | €191 | -€281 | -€472 | |
| Operating profit (loss) | 9901 | -€193 | -€681 | -€487 | -252% |
| Financial charges | 65/66B | €78 | €78 | -€0 | -0.2% |
| Recurring financial charges | 65 | €78 | €78 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€272 | -€759 | -€487 | -179% |
| Profit (loss) for the period | 9904 | -€272 | -€759 | -€487 | -179% |
| Profit (loss) for the period to be appropriated | 9905 | -€272 | -€759 | -€487 | -179% |
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.