ARCS: 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.
ARCS
Largest movements
- Tangible fixed assets +€20,607
up €20,607 (+67.2%), from €30,661 to €51,268
of which Furniture and vehicles: +€22,322
- Cash +€10,696
up €10,696 (+567.6%), from €1,884 to €12,580
mainly Debts after one year (+€12,475) and Net result for the year (+€6,140)
- Receivables within one year -€6,013
down €6,013 (-23.7%), from €25,402 to €19,389
of which Trade receivables: -€9,152
- Stocks and contracts -€1,800
down €1,800 (-30.9%), from €5,827 to €4,028
- Debts after one year +€12,475
up €12,475 (+77.9%), from €16,021 to €28,496
- Profit (loss) carried forward +€6,140
up €6,140 (+33.0%), from -€18,578 to -€12,438
- Current portion of long-term debt +€5,558
up €5,558 (+137.5%), from €4,040 to €9,598
- Tax, wage and social debts +€4,081
up €4,081 (+78.4%), from €5,204 to €9,285
of which Remuneration and social security: +€4,435
- Other debts -€2,188
down €2,188 (-7.5%), from €29,167 to €26,980
- Gross operating margin +€20,462
up €20,462, from -€5,206 to €15,256
- Financial charges +€1,879
up €1,879 (+72.0%), from €2,610 to €4,489
- Financial income +€1,537
new in 2024: €1,537
- Depreciation -€1,435
down €1,435 (-40.1%), from €3,575 to €2,140
- Taxes +€1,388
up €1,388 (+328.1%), from €423 to €1,811
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 | €64,822 | €88,932 | +€24,110 | +37.2% |
| Fixed assets | 21/28 | €31,270 | €51,877 | +€20,607 | +65.9% |
| Tangible fixed assets | 22/27 | €30,661 | €51,268 | +€20,607 | +67.2% |
| Land and buildings | 22 | €30,168 | €28,765 | -€1,403 | -4.7% |
| Plant, machinery and equipment | 23 | €312 | - | -€312 | |
| Furniture and vehicles | 24 | €181 | €22,503 | +€22,322 | +12319.5% |
| Financial fixed assets | 28 | €609 | €609 | = | 0.0% |
| Current assets | 29/58 | €33,552 | €37,056 | +€3,504 | +10.4% |
| Stocks and contracts in progress | 3 | €5,827 | €4,028 | -€1,800 | -30.9% |
| Stocks | 30/36 | €5,827 | €4,028 | -€1,800 | -30.9% |
| Amounts receivable within one year | 40/41 | €25,402 | €19,389 | -€6,013 | -23.7% |
| Trade receivables | 40 | €23,822 | €14,670 | -€9,152 | -38.4% |
| Other amounts receivable | 41 | €1,580 | €4,719 | +€3,139 | +198.7% |
| Cash at bank and in hand | 54/58 | €1,884 | €12,580 | +€10,696 | +567.6% |
| Deferred charges and accrued income | 490/1 | €438 | €1,059 | +€620 | +141.5% |
| Total equity and liabilities | 10/49 | €64,822 | €88,932 | +€24,110 | +37.2% |
| Equity | 10/15 | €1,882 | €8,022 | +€6,140 | +326.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,578 | -€12,438 | +€6,140 | +33.0% |
| Amounts payable | 17/49 | €62,940 | €80,910 | +€17,970 | +28.6% |
| Amounts payable after more than one year | 17 | €16,021 | €28,496 | +€12,475 | +77.9% |
| Financial debts | 170/4 | €16,021 | €28,496 | +€12,475 | +77.9% |
| Amounts payable within one year | 42/48 | €46,919 | €52,415 | +€5,496 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €4,040 | €9,598 | +€5,558 | +137.5% |
| Trade debts | 44 | €8,507 | €6,552 | -€1,956 | -23.0% |
| Suppliers | 440/4 | €8,507 | €6,552 | -€1,956 | -23.0% |
| Taxes, remuneration and social security | 45 | €5,204 | €9,285 | +€4,081 | +78.4% |
| Taxes | 450/3 | €2,248 | €1,894 | -€353 | -15.7% |
| Remuneration and social security | 454/9 | €2,956 | €7,391 | +€4,435 | +150.0% |
| Other amounts payable | 47/48 | €29,167 | €26,980 | -€2,188 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,575 | €2,140 | -€1,435 | -40.1% |
| Other operating charges | 640/8 | €1,561 | €2,214 | +€653 | +41.8% |
| Gross operating margin | 9900 | -€5,206 | €15,256 | +€20,462 | |
| Operating profit (loss) | 9901 | -€10,342 | €10,902 | +€21,244 | |
| Financial income | 75/76B | - | €1,537 | +€1,537 | |
| Recurring financial income | 75 | - | €1,537 | +€1,537 | |
| Financial charges | 65/66B | €2,610 | €4,489 | +€1,879 | +72.0% |
| Recurring financial charges | 65 | €2,610 | €4,489 | +€1,879 | +72.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,951 | €7,951 | +€20,902 | |
| Income taxes | 67/77 | €423 | €1,811 | +€1,388 | +328.1% |
| Profit (loss) for the period | 9904 | -€13,374 | €6,140 | +€19,514 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,374 | €6,140 | +€19,514 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.