Arcsom: 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.
Arcsom
Largest movements
- Tangible fixed assets -€65,263
down €65,263 (-16.0%), from €409,121 to €343,857
of which Plant, machinery and equipment: -€32,826
- Deferred charges and accrued income +€62,687
up €62,687 (+95.4%), from €65,695 to €128,382
- Cash +€53,473
up €53,473 (+80.2%), from €66,700 to €120,173
mainly Accrued charges and deferred income (+€101,338) and Depreciation (+€78,645)
- Intangible fixed assets +€46,476
new in 2025: €46,476
- Receivables within one year -€24,104
down €24,104 (-3.5%), from €689,414 to €665,310
of which Trade receivables: -€15,429
- Accrued charges and deferred income +€101,338
new in 2025: €101,338
- Tax, wage and social debts +€58,085
up €58,085 (+34.4%), from €168,677 to €226,762
of which Taxes: +€34,249
- Advances received -€39,555
down €39,555 (-100.0%), from €39,555 to €0
- Trade debts -€34,503
down €34,503 (-11.4%), from €302,477 to €267,974
- Short-term financial debts +€29,869
up €29,869 (+42.3%), from €70,537 to €100,406
- Gross operating margin +€205,148
up €205,148 (+17.7%), from €1.2m to €1.4m
- Staff costs +€132,795
up €132,795 (+13.2%), from €1.0m to €1.1m
- Taxes +€40,647
up €40,647 (+92.5%), from €43,951 to €84,598
- Other operating charges +€19,431
up €19,431 (+241.0%), from €8,062 to €27,493
- Financial charges +€19,122
up €19,122 (+121.3%), from €15,767 to €34,890
of which Financial charges: +€19,029
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 | €1,230,930 | €1,304,198 | +€73,268 | +6.0% |
| Fixed assets | 21/28 | €409,121 | €390,333 | -€18,787 | -4.6% |
| Intangible fixed assets | 21 | - | €46,476 | +€46,476 | |
| Tangible fixed assets | 22/27 | €409,121 | €343,857 | -€65,263 | -16.0% |
| Plant, machinery and equipment | 23 | €330,404 | €297,578 | -€32,826 | -9.9% |
| Furniture and vehicles | 24 | €78,717 | €46,279 | -€32,438 | -41.2% |
| Current assets | 29/58 | €821,809 | €913,865 | +€92,055 | +11.2% |
| Amounts receivable within one year | 40/41 | €689,414 | €665,310 | -€24,104 | -3.5% |
| Trade receivables | 40 | €659,514 | €644,085 | -€15,429 | -2.3% |
| Other amounts receivable | 41 | €29,901 | €21,225 | -€8,676 | -29.0% |
| Cash at bank and in hand | 54/58 | €66,700 | €120,173 | +€53,473 | +80.2% |
| Deferred charges and accrued income | 490/1 | €65,695 | €128,382 | +€62,687 | +95.4% |
| Total equity and liabilities | 10/49 | €1,230,930 | €1,304,198 | +€73,268 | +6.0% |
| Equity | 10/15 | €313,874 | €299,306 | -€14,567 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €279,170 | €280,706 | +€1,536 | +0.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €279,170 | €280,706 | +€1,536 | +0.6% |
| Profit (loss) carried forward | 14 | €16,104 | €0 | -€16,104 | -100.0% |
| Amounts payable | 17/49 | €917,056 | €1,004,892 | +€87,835 | +9.6% |
| Amounts payable after more than one year | 17 | €208,754 | €180,872 | -€27,882 | -13.4% |
| Financial debts | 170/4 | €208,754 | €180,872 | -€27,882 | -13.4% |
| Amounts payable within one year | 42/48 | €708,303 | €722,682 | +€14,380 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €26,856 | €27,882 | +€1,026 | +3.8% |
| Financial debts | 43 | €70,537 | €100,406 | +€29,869 | +42.3% |
| Credit institutions | 430/8 | €70,537 | €100,406 | +€29,869 | +42.3% |
| Trade debts | 44 | €302,477 | €267,974 | -€34,503 | -11.4% |
| Suppliers | 440/4 | €302,477 | €267,974 | -€34,503 | -11.4% |
| Advances received on contracts in progress | 46 | €39,555 | €0 | -€39,555 | -100.0% |
| Taxes, remuneration and social security | 45 | €168,677 | €226,762 | +€58,085 | +34.4% |
| Taxes | 450/3 | €50,140 | €84,388 | +€34,249 | +68.3% |
| Remuneration and social security | 454/9 | €118,537 | €142,374 | +€23,837 | +20.1% |
| Other amounts payable | 47/48 | €100,201 | €99,659 | -€542 | -0.5% |
| Accrued charges and deferred income | 492/3 | - | €101,338 | +€101,338 | |
| Non-recurring operating income | 76A | €2,284 | €19,421 | +€17,138 | +750.5% |
| Remuneration, social security and pensions | 62 | €1,004,828 | €1,137,623 | +€132,795 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,731 | €78,645 | +€2,914 | +3.8% |
| Other operating charges | 640/8 | €8,062 | €27,493 | +€19,431 | +241.0% |
| Non-recurring operating charges | 66A | €0 | €15,500 | +€15,500 | |
| Gross operating margin | 9900 | €1,159,005 | €1,364,152 | +€205,148 | +17.7% |
| Operating profit (loss) | 9901 | €70,383 | €104,891 | +€34,508 | +49.0% |
| Financial income | 75/76B | €5,439 | €28 | -€5,410 | -99.5% |
| Recurring financial income | 75 | €5,439 | €28 | -€5,410 | -99.5% |
| Financial charges | 65/66B | €15,767 | €34,890 | +€19,122 | +121.3% |
| Recurring financial charges | 65 | €15,767 | €34,797 | +€19,029 | +120.7% |
| Non-recurring financial charges | 66B | - | €93 | +€93 | |
| Profit (loss) for the period before taxes | 9903 | €60,055 | €70,030 | +€9,976 | +16.6% |
| Income taxes | 67/77 | €43,951 | €84,598 | +€40,647 | +92.5% |
| Profit (loss) for the period | 9904 | €16,104 | -€14,567 | -€30,671 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,104 | -€14,567 | -€30,671 |
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 12 October 2026 via checked.be.