ARCON BML: 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.
ARCON BML
Largest movements
- Receivables within one year -€3.0m
down €3.0m (-73.4%), from €4.1m to €1.1m
of which Trade receivables: -€3.5m
- Cash -€340,863
down €340,863 (-12.3%), from €2.8m to €2.4m
mainly Other debts (-€2.8m) and Contributions, distributions and other (-€1.3m)
- Other debts -€2.8m
down €2.8m (-25.9%), from €11.0m to €8.1m
- Debts after one year -€450,000
down €450,000 (-16.2%), from €2.8m to €2.3m
- Gross operating margin -€5.2m
down €5.2m (-73.4%), from €7.1m to €1.9m
- Taxes -€1.3m
down €1.3m (-75.0%), from €1.7m to €435,139
- Financial income +€85,824
up €85,824 (+165.0%), from €52,006 to €137,830
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 | €14,329,445 | €10,971,308 | -€3.4m | -23.4% |
| Fixed assets | 21/28 | €5,033,711 | €4,942,217 | -€91,494 | -1.8% |
| Tangible fixed assets | 22/27 | €4,966,176 | €4,874,682 | -€91,494 | -1.8% |
| Land and buildings | 22 | €4,944,612 | €4,862,552 | -€82,060 | -1.7% |
| Furniture and vehicles | 24 | €21,564 | €12,129 | -€9,435 | -43.8% |
| Financial fixed assets | 28 | €67,535 | €67,535 | = | 0.0% |
| Current assets | 29/58 | €9,295,734 | €6,029,091 | -€3.3m | -35.1% |
| Amounts receivable within one year | 40/41 | €4,058,550 | €1,078,074 | -€3.0m | -73.4% |
| Trade receivables | 40 | €4,031,309 | €551,560 | -€3.5m | -86.3% |
| Other amounts receivable | 41 | €27,241 | €526,514 | +€499,274 | +1832.8% |
| Current investments | 50/53 | €2,462,927 | €2,517,623 | +€54,695 | +2.2% |
| Cash at bank and in hand | 54/58 | €2,774,257 | €2,433,394 | -€340,863 | -12.3% |
| Total equity and liabilities | 10/49 | €14,329,445 | €10,971,308 | -€3.4m | -23.4% |
| Equity | 10/15 | €23,163 | €20,460 | -€2,703 | -11.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,563 | €1,860 | -€2,703 | -59.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,703 | - | -€2,703 | |
| Amounts payable | 17/49 | €14,306,282 | €10,950,848 | -€3.4m | -23.5% |
| Amounts payable after more than one year | 17 | €2,778,883 | €2,328,883 | -€450,000 | -16.2% |
| Financial debts | 170/4 | €2,778,883 | €2,328,883 | -€450,000 | -16.2% |
| Amounts payable within one year | 42/48 | €11,527,398 | €8,621,965 | -€2.9m | -25.2% |
| Current portion of amounts payable after more than one year | 42 | €450,000 | €450,000 | = | 0.0% |
| Trade debts | 44 | €27,519 | €15,431 | -€12,088 | -43.9% |
| Suppliers | 440/4 | €27,519 | €15,431 | -€12,088 | -43.9% |
| Taxes, remuneration and social security | 45 | €75,373 | €25,384 | -€49,990 | -66.3% |
| Taxes | 450/3 | €62,630 | €20,585 | -€42,045 | -67.1% |
| Remuneration and social security | 454/9 | €12,743 | €4,799 | -€7,944 | -62.3% |
| Other amounts payable | 47/48 | €10,974,506 | €8,131,150 | -€2.8m | -25.9% |
| Remuneration, social security and pensions | 62 | €22,143 | €23,136 | +€993 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,261 | €184,671 | +€410 | +0.2% |
| Other operating charges | 640/8 | €3,566 | €3,568 | +€2 | +0.1% |
| Gross operating margin | 9900 | €7,074,046 | €1,883,303 | -€5.2m | -73.4% |
| Operating profit (loss) | 9901 | €6,864,076 | €1,671,927 | -€5.2m | -75.6% |
| Financial income | 75/76B | €52,006 | €137,830 | +€85,824 | +165.0% |
| Recurring financial income | 75 | €52,006 | €137,830 | +€85,824 | +165.0% |
| Financial charges | 65/66B | €28,854 | €28,390 | -€463 | -1.6% |
| Recurring financial charges | 65 | €28,854 | €28,390 | -€463 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €6,887,229 | €1,781,367 | -€5.1m | -74.1% |
| Income taxes | 67/77 | €1,742,293 | €435,139 | -€1.3m | -75.0% |
| Profit (loss) for the period | 9904 | €5,144,936 | €1,346,229 | -€3.8m | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,144,936 | €1,346,229 | -€3.8m | -73.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.