ARCTIS: 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.
ARCTIS
Largest movements
- Cash +€76,156
up €76,156 (+48.1%), from €158,465 to €234,621
mainly Net result for the year (+€134,762) and Depreciation (+€23,238)
- Tangible fixed assets +€23,704
up €23,704 (+7.7%), from €305,928 to €329,632
of which Furniture and vehicles: +€36,032
- Reserves +€110,183
up €110,183 (+26.4%), from €417,817 to €528,000
of which Distributable reserves: +€110,183
- Other debts -€20,153
down €20,153 (-4.6%), from €441,050 to €420,897
- Financial charges -€17,560
down €17,560 (-96.7%), from €18,166 to €606
- Gross operating margin +€5,467
up €5,467 (+2.7%), from €204,068 to €209,535
- Financial income +€5,137
up €5,137 (+4849.9%), from €106 to €5,243
- Depreciation +€4,463
up €4,463 (+23.8%), from €18,775 to €23,238
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 | €1,341,996 | €1,427,185 | +€85,189 | +6.3% |
| Fixed assets | 21/28 | €1,125,783 | €1,149,487 | +€23,704 | +2.1% |
| Tangible fixed assets | 22/27 | €305,928 | €329,632 | +€23,704 | +7.7% |
| Land and buildings | 22 | €198,900 | €193,050 | -€5,850 | -2.9% |
| Plant, machinery and equipment | 23 | €7,297 | €5,515 | -€1,781 | -24.4% |
| Furniture and vehicles | 24 | €16,049 | €52,081 | +€36,032 | +224.5% |
| Other tangible fixed assets | 26 | €83,682 | €78,985 | -€4,696 | -5.6% |
| Financial fixed assets | 28 | €819,855 | €819,855 | = | 0.0% |
| Current assets | 29/58 | €216,213 | €277,698 | +€61,485 | +28.4% |
| Amounts receivable within one year | 40/41 | €23,220 | €18,077 | -€5,143 | -22.1% |
| Trade receivables | 40 | €23,220 | €18,077 | -€5,143 | -22.1% |
| Current investments | 50/53 | €34,528 | €25,000 | -€9,528 | -27.6% |
| Cash at bank and in hand | 54/58 | €158,465 | €234,621 | +€76,156 | +48.1% |
| Total equity and liabilities | 10/49 | €1,341,996 | €1,427,185 | +€85,189 | +6.3% |
| Equity | 10/15 | €856,860 | €971,622 | +€114,762 | +13.4% |
| Contributions | 10/11 | €438,170 | €438,170 | = | 0.0% |
| Reserves | 13 | €417,817 | €528,000 | +€110,183 | +26.4% |
| Tax-exempt reserves | 132 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €392,817 | €503,000 | +€110,183 | +28.0% |
| Profit (loss) carried forward | 14 | €873 | €5,452 | +€4,579 | +524.7% |
| Amounts payable | 17/49 | €485,137 | €455,563 | -€29,573 | -6.1% |
| Amounts payable within one year | 42/48 | €485,137 | €455,563 | -€29,573 | -6.1% |
| Trade debts | 44 | €2,260 | €385 | -€1,875 | -82.9% |
| Suppliers | 440/4 | €2,260 | €385 | -€1,875 | -82.9% |
| Taxes, remuneration and social security | 45 | €41,826 | €34,281 | -€7,545 | -18.0% |
| Taxes | 450/3 | €41,826 | €34,281 | -€7,545 | -18.0% |
| Other amounts payable | 47/48 | €441,050 | €420,897 | -€20,153 | -4.6% |
| Non-recurring operating income | 76A | - | €10,958 | +€10,958 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,775 | €23,238 | +€4,463 | +23.8% |
| Other operating charges | 640/8 | €1,514 | €1,489 | -€25 | -1.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €204,068 | €209,535 | +€5,467 | +2.7% |
| Operating profit (loss) | 9901 | €183,780 | €184,809 | +€1,029 | +0.6% |
| Financial income | 75/76B | €106 | €5,243 | +€5,137 | +4849.9% |
| Recurring financial income | 75 | €106 | €5,243 | +€5,137 | +4849.9% |
| Financial charges | 65/66B | €18,166 | €606 | -€17,560 | -96.7% |
| Recurring financial charges | 65 | €18,166 | €606 | -€17,560 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | €165,720 | €189,446 | +€23,726 | +14.3% |
| Income taxes | 67/77 | €53,040 | €54,683 | +€1,644 | +3.1% |
| Profit (loss) for the period | 9904 | €112,680 | €134,762 | +€22,082 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €112,680 | €134,762 | +€22,082 | +19.6% |
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 10 October 2026 via checked.be.