Arcon Projects: 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.
Arcon Projects
Largest movements
- Cash +€115,249
up €115,249 (+141.0%), from €81,719 to €196,968
mainly Net result for the year (+€144,920) and Receivables within one year (+€83,098)
- Receivables within one year -€83,098
down €83,098 (-100.0%), from €83,098 to €0
of which Other amounts receivable: -€80,000
- Tangible fixed assets -€72,737
down €72,737 (-10.5%), from €693,696 to €620,960
of which Land and buildings: -€65,928
- Debts after one year -€64,604
down €64,604 (-17.8%), from €363,414 to €298,810
- Tax, wage and social debts +€15,543
up €15,543 (+1493.4%), from €1,041 to €16,584
- Gross operating margin +€7,237
up €7,237 (+2.3%), from €311,372 to €318,609
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 | €858,512 | €817,927 | -€40,585 | -4.7% |
| Fixed assets | 21/28 | €693,696 | €620,960 | -€72,737 | -10.5% |
| Tangible fixed assets | 22/27 | €693,696 | €620,960 | -€72,737 | -10.5% |
| Land and buildings | 22 | €677,749 | €611,821 | -€65,928 | -9.7% |
| Plant, machinery and equipment | 23 | €15,947 | €9,139 | -€6,808 | -42.7% |
| Current assets | 29/58 | €164,816 | €196,968 | +€32,152 | +19.5% |
| Amounts receivable within one year | 40/41 | €83,098 | €0 | -€83,098 | -100.0% |
| Trade receivables | 40 | €3,098 | €0 | -€3,098 | -100.0% |
| Other amounts receivable | 41 | €80,000 | €0 | -€80,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €81,719 | €196,968 | +€115,249 | +141.0% |
| Total equity and liabilities | 10/49 | €858,512 | €817,927 | -€40,585 | -4.7% |
| Equity | 10/15 | €275,054 | €275,080 | +€26 | 0.0% |
| Contributions | 10/11 | €275,000 | €275,000 | = | 0.0% |
| Reserves | 13 | €54 | €80 | +€26 | +48.7% |
| Distributable reserves | 133 | €54 | €80 | +€26 | +48.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €583,459 | €542,848 | -€40,611 | -7.0% |
| Amounts payable after more than one year | 17 | €363,414 | €298,810 | -€64,604 | -17.8% |
| Financial debts | 170/4 | €363,414 | €298,810 | -€64,604 | -17.8% |
| Amounts payable within one year | 42/48 | €220,045 | €244,037 | +€23,993 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €63,651 | €64,604 | +€953 | +1.5% |
| Trade debts | 44 | €0 | €814 | +€814 | |
| Suppliers | 440/4 | €0 | €814 | +€814 | |
| Advances received on contracts in progress | 46 | €13,984 | €14,343 | +€358 | +2.6% |
| Taxes, remuneration and social security | 45 | €1,041 | €16,584 | +€15,543 | +1493.4% |
| Taxes | 450/3 | €1,041 | €16,584 | +€15,543 | +1493.4% |
| Other amounts payable | 47/48 | €141,369 | €147,693 | +€6,324 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,527 | €81,726 | -€1,801 | -2.2% |
| Other operating charges | 640/8 | €28,336 | €29,712 | +€1,376 | +4.9% |
| Gross operating margin | 9900 | €311,372 | €318,609 | +€7,237 | +2.3% |
| Operating profit (loss) | 9901 | €199,510 | €207,171 | +€7,661 | +3.8% |
| Financial charges | 65/66B | €15,346 | €13,667 | -€1,680 | -10.9% |
| Recurring financial charges | 65 | €15,346 | €13,667 | -€1,680 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €184,163 | €193,504 | +€9,341 | +5.1% |
| Income taxes | 67/77 | €46,041 | €48,584 | +€2,543 | +5.5% |
| Profit (loss) for the period | 9904 | €138,122 | €144,920 | +€6,798 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €138,122 | €144,920 | +€6,798 | +4.9% |
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.