Arctic IT: 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.
Arctic IT
Largest movements
- Cash -€47,505
down €47,505 (-50.1%), from €94,848 to €47,343
mainly Contributions, distributions and other (-€70,188) and Other debts (-€30,751)
- Current investments +€27,161
up €27,161 (+119%), from €22,750 to €49,911
- Receivables within one year -€20,262
down €20,262 (-28.4%), from €71,237 to €50,975
of which Trade receivables: -€20,249
- Tangible fixed assets -€15,982
down €15,982 (-21.7%), from €73,561 to €57,579
- Other debts -€30,751
down €30,751 (-32.8%), from €93,892 to €63,140
- Debts after one year -€16,936
down €16,936 (-53.6%), from €31,615 to €14,679
- Tax, wage and social debts -€12,899
down €12,899 (-49.5%), from €26,043 to €13,144
- Trade debts +€2,763
up €2,763 (+35.2%), from €7,846 to €10,608
- Gross operating margin +€6,811
up €6,811 (+6.0%), from €113,842 to €120,654
- Taxes +€6,236
up €6,236 (+33.4%), from €18,677 to €24,913
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.
Derived cash bridge
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 | €264,408 | €208,202 | -€56,206 | -21.3% |
| Fixed assets | 21/28 | €73,561 | €57,579 | -€15,982 | -21.7% |
| Tangible fixed assets | 22/27 | €73,561 | €57,579 | -€15,982 | -21.7% |
| Furniture and vehicles | 24 | €73,561 | €57,579 | -€15,982 | -21.7% |
| Current assets | 29/58 | €190,847 | €150,623 | -€40,224 | -21.1% |
| Amounts receivable within one year | 40/41 | €71,237 | €50,975 | -€20,262 | -28.4% |
| Trade receivables | 40 | €69,878 | €49,629 | -€20,249 | -29.0% |
| Other amounts receivable | 41 | €1,360 | €1,346 | -€14 | -1.0% |
| Current investments | 50/53 | €22,750 | €49,911 | +€27,161 | +119% |
| Cash at bank and in hand | 54/58 | €94,848 | €47,343 | -€47,505 | -50.1% |
| Deferred charges and accrued income | 490/1 | €2,011 | €2,394 | +€383 | +19.0% |
| Total equity and liabilities | 10/49 | €264,408 | €208,202 | -€56,206 | -21.3% |
| Equity | 10/15 | €88,788 | €89,695 | +€907 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,188 | €71,095 | +€907 | +1.3% |
| Distributable reserves | 133 | €70,188 | €71,095 | +€907 | +1.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €175,620 | €118,507 | -€57,113 | -32.5% |
| Amounts payable after more than one year | 17 | €31,615 | €14,679 | -€16,936 | -53.6% |
| Financial debts | 170/4 | €31,615 | €14,679 | -€16,936 | -53.6% |
| Amounts payable within one year | 42/48 | €144,005 | €103,828 | -€40,177 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €16,225 | €16,936 | +€711 | +4.4% |
| Trade debts | 44 | €7,846 | €10,608 | +€2,763 | +35.2% |
| Suppliers | 440/4 | €7,846 | €10,608 | +€2,763 | +35.2% |
| Taxes, remuneration and social security | 45 | €26,043 | €13,144 | -€12,899 | -49.5% |
| Taxes | 450/3 | €26,043 | €13,144 | -€12,899 | -49.5% |
| Other amounts payable | 47/48 | €93,892 | €63,140 | -€30,751 | -32.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,064 | €22,121 | +€1,057 | +5.0% |
| Other operating charges | 640/8 | €1,113 | €855 | -€258 | -23.2% |
| Gross operating margin | 9900 | €113,842 | €120,654 | +€6,811 | +6.0% |
| Operating profit (loss) | 9901 | €91,666 | €97,678 | +€6,012 | +6.6% |
| Financial income | 75/76B | €0 | €231 | +€231 | |
| Recurring financial income | 75 | €0 | €231 | +€231 | |
| Financial charges | 65/66B | €2,800 | €1,901 | -€900 | -32.1% |
| Recurring financial charges | 65 | €2,800 | €1,901 | -€900 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €88,865 | €96,008 | +€7,143 | +8.0% |
| Income taxes | 67/77 | €18,677 | €24,913 | +€6,236 | +33.4% |
| Profit (loss) for the period | 9904 | €70,188 | €71,095 | +€907 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,188 | €71,095 | +€907 | +1.3% |
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 16 October 2026 via checked.be.