Arcove: 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.
Arcove
Largest movements
- Cash -€50,735
down €50,735 (-66.5%), from €76,299 to €25,564
mainly Contributions, distributions and other (-€100,000) and Tax, wage and social debts (-€19,612)
- Receivables within one year -€40,243
down €40,243 (-80.8%), from €49,822 to €9,579
of which Other amounts receivable: -€35,458
- Tangible fixed assets -€4,112
down €4,112 (-36.7%), from €11,204 to €7,092
of which Plant, machinery and equipment: -€3,805
- Deferred charges and accrued income -€1,625
down €1,625 (-61.9%), from €2,625 to €1,000
- Profit (loss) carried forward -€75,460
down €75,460 (-70.3%), from €107,372 to €31,912
- Tax, wage and social debts -€19,612
down €19,612 (-72.5%), from €27,057 to €7,445
of which Taxes: -€19,612
- Trade debts -€1,642
down €1,642 (-65.1%), from €2,520 to €879
- Gross operating margin -€34,112
down €34,112 (-48.9%), from €69,719 to €35,607
- Taxes -€7,742
down €7,742 (-52.9%), from €14,624 to €6,883
- Depreciation +€1,930
up €1,930 (+75.6%), from €2,553 to €4,483
- Financial charges +€1,029
up €1,029 (+1077.0%), from €96 to €1,124
- Financial income -€985
down €985 (-33.4%), from €2,952 to €1,966
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 | €139,949 | €43,235 | -€96,714 | -69.1% |
| Fixed assets | 21/28 | €11,204 | €7,092 | -€4,112 | -36.7% |
| Tangible fixed assets | 22/27 | €11,204 | €7,092 | -€4,112 | -36.7% |
| Plant, machinery and equipment | 23 | €10,021 | €6,216 | -€3,805 | -38.0% |
| Furniture and vehicles | 24 | €1,183 | €876 | -€307 | -25.9% |
| Current assets | 29/58 | €128,745 | €36,143 | -€92,602 | -71.9% |
| Amounts receivable within one year | 40/41 | €49,822 | €9,579 | -€40,243 | -80.8% |
| Trade receivables | 40 | €4,785 | - | -€4,785 | |
| Other amounts receivable | 41 | €45,037 | €9,579 | -€35,458 | -78.7% |
| Cash at bank and in hand | 54/58 | €76,299 | €25,564 | -€50,735 | -66.5% |
| Deferred charges and accrued income | 490/1 | €2,625 | €1,000 | -€1,625 | -61.9% |
| Total equity and liabilities | 10/49 | €139,949 | €43,235 | -€96,714 | -69.1% |
| Equity | 10/15 | €110,372 | €34,912 | -€75,460 | -68.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,372 | €31,912 | -€75,460 | -70.3% |
| Amounts payable | 17/49 | €29,577 | €8,323 | -€21,254 | -71.9% |
| Amounts payable within one year | 42/48 | €29,577 | €8,323 | -€21,254 | -71.9% |
| Trade debts | 44 | €2,520 | €879 | -€1,642 | -65.1% |
| Suppliers | 440/4 | €2,520 | €879 | -€1,642 | -65.1% |
| Taxes, remuneration and social security | 45 | €27,057 | €7,445 | -€19,612 | -72.5% |
| Taxes | 450/3 | €24,352 | €4,740 | -€19,612 | -80.5% |
| Remuneration and social security | 454/9 | €2,705 | €2,705 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,553 | €4,483 | +€1,930 | +75.6% |
| Other operating charges | 640/8 | €749 | €544 | -€205 | -27.3% |
| Gross operating margin | 9900 | €69,719 | €35,607 | -€34,112 | -48.9% |
| Operating profit (loss) | 9901 | €66,418 | €30,580 | -€35,837 | -54.0% |
| Financial income | 75/76B | €2,952 | €1,966 | -€985 | -33.4% |
| Recurring financial income | 75 | €2,952 | €1,966 | -€985 | -33.4% |
| Financial charges | 65/66B | €96 | €1,124 | +€1,029 | +1077.0% |
| Recurring financial charges | 65 | €96 | €1,124 | +€1,029 | +1077.0% |
| Profit (loss) for the period before taxes | 9903 | €69,274 | €31,423 | -€37,852 | -54.6% |
| Income taxes | 67/77 | €14,624 | €6,883 | -€7,742 | -52.9% |
| Profit (loss) for the period | 9904 | €54,650 | €24,540 | -€30,110 | -55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,650 | €24,540 | -€30,110 | -55.1% |
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 11 October 2026 via checked.be.