ARCOSS: 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.
ARCOSS
Largest movements
- Tangible fixed assets -€80,504
down €80,504 (-67.1%), from €119,889 to €39,384
of which Plant, machinery and equipment: -€76,481
- Cash -€40,112
down €40,112 (-48.5%), from €82,741 to €42,629
mainly Net result for the year (-€126,457) and Stocks and contracts (-€18,979)
- Stocks and contracts +€18,979
up €18,979 (+22.8%), from €83,199 to €102,178
- Reserves -€126,457
down €126,457 (-65.4%), from €193,425 to €66,968
of which Distributable reserves: -€126,457
- Other debts +€25,906
up €25,906 (+5.8%), from €447,974 to €473,880
- Gross operating margin -€55,597
down €55,597 (-267.4%), from -€20,790 to -€76,387
- Depreciation -€23,218
down €23,218 (-62.1%), from €37,359 to €14,141
- Other operating charges +€16,758
up €16,758 (+766.6%), from €2,186 to €18,944
- Write-downs +€13,540
new in 2024: €13,540
- Staff costs -€11,835
no longer reported in 2024 (was €11,835)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €823,116 | €727,975 | -€95,141 | -11.6% |
| Fixed assets | 21/28 | €119,889 | €39,384 | -€80,504 | -67.1% |
| Tangible fixed assets | 22/27 | €119,889 | €39,384 | -€80,504 | -67.1% |
| Plant, machinery and equipment | 23 | €79,625 | €3,144 | -€76,481 | -96.1% |
| Furniture and vehicles | 24 | €20,946 | €14,958 | -€5,988 | -28.6% |
| Other tangible fixed assets | 26 | €19,317 | €21,283 | +€1,965 | +10.2% |
| Current assets | 29/58 | €703,227 | €688,591 | -€14,637 | -2.1% |
| Stocks and contracts in progress | 3 | €83,199 | €102,178 | +€18,979 | +22.8% |
| Stocks | 30/36 | €83,199 | €102,178 | +€18,979 | +22.8% |
| Amounts receivable within one year | 40/41 | €519,905 | €526,457 | +€6,552 | +1.3% |
| Trade receivables | 40 | €491,132 | €175,005 | -€316,127 | -64.4% |
| Other amounts receivable | 41 | €28,773 | €351,452 | +€322,679 | +1121.5% |
| Cash at bank and in hand | 54/58 | €82,741 | €42,629 | -€40,112 | -48.5% |
| Deferred charges and accrued income | 490/1 | €17,383 | €17,326 | -€56 | -0.3% |
| Total equity and liabilities | 10/49 | €823,116 | €727,975 | -€95,141 | -11.6% |
| Equity | 10/15 | €213,425 | €86,968 | -€126,457 | -59.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €193,425 | €66,968 | -€126,457 | -65.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €191,425 | €64,968 | -€126,457 | -66.1% |
| Amounts payable | 17/49 | €609,691 | €641,007 | +€31,316 | +5.1% |
| Amounts payable within one year | 42/48 | €609,691 | €641,007 | +€31,316 | +5.1% |
| Trade debts | 44 | €152,436 | €159,605 | +€7,169 | +4.7% |
| Suppliers | 440/4 | €152,436 | €159,605 | +€7,169 | +4.7% |
| Taxes, remuneration and social security | 45 | €9,282 | €7,522 | -€1,759 | -19.0% |
| Taxes | 450/3 | €9,282 | €7,522 | -€1,759 | -19.0% |
| Other amounts payable | 47/48 | €447,974 | €473,880 | +€25,906 | +5.8% |
| Non-recurring operating income | 76A | - | €4,729 | +€4,729 | |
| Remuneration, social security and pensions | 62 | €11,835 | - | -€11,835 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,359 | €14,141 | -€23,218 | -62.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €13,540 | +€13,540 | |
| Other operating charges | 640/8 | €2,186 | €18,944 | +€16,758 | +766.6% |
| Gross operating margin | 9900 | -€20,790 | -€76,387 | -€55,597 | -267.4% |
| Operating profit (loss) | 9901 | -€72,170 | -€123,012 | -€50,842 | -70.4% |
| Financial income | 75/76B | €364 | €16 | -€348 | -95.7% |
| Recurring financial income | 75 | €364 | €16 | -€348 | -95.7% |
| Financial charges | 65/66B | €989 | €3,460 | +€2,471 | +249.8% |
| Recurring financial charges | 65 | €989 | €3,460 | +€2,471 | +249.8% |
| Profit (loss) for the period before taxes | 9903 | -€72,796 | -€126,457 | -€53,661 | -73.7% |
| Income taxes | 67/77 | €91 | - | -€91 | |
| Profit (loss) for the period | 9904 | -€72,887 | -€126,457 | -€53,570 | -73.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,887 | -€126,457 | -€53,570 | -73.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.