Arcum Advies: 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.
Arcum Advies
Largest movements
- Receivables within one year -€6,969
down €6,969 (-44.4%), from €15,683 to €8,714
of which Other amounts receivable: -€6,917
- Tangible fixed assets +€4,094
up €4,094 (+125%), from €3,262 to €7,356
of which Furniture and vehicles: +€4,782
- Intangible fixed assets -€500
down €500 (-57.3%), from €873 to €373
- Cash +€290
up €290 (+7.8%), from €3,731 to €4,021
mainly Net result for the year (+€39,800) and Other debts (+€10,495)
- Reserves -€15,200
down €15,200 (-90.9%), from €16,726 to €1,527
- Other debts +€10,495
up €10,495, from €0 to €10,495
- Tax, wage and social debts +€1,759
up €1,759 (+486%), from €362 to €2,121
- Gross operating margin +€7,471
up €7,471 (+17.8%), from €42,023 to €49,494
- Taxes +€3,122
up €3,122 (+113%), from €2,760 to €5,881
- Depreciation +€578
up €578 (+34.3%), from €1,684 to €2,262
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 | €23,549 | €20,464 | -€3,085 | -13.1% |
| Fixed assets | 21/28 | €4,135 | €7,729 | +€3,594 | +86.9% |
| Intangible fixed assets | 21 | €873 | €373 | -€500 | -57.3% |
| Tangible fixed assets | 22/27 | €3,262 | €7,356 | +€4,094 | +125% |
| Land and buildings | 22 | €3,262 | €2,575 | -€688 | -21.1% |
| Furniture and vehicles | 24 | €0 | €4,782 | +€4,782 | |
| Current assets | 29/58 | €19,414 | €12,735 | -€6,679 | -34.4% |
| Amounts receivable within one year | 40/41 | €15,683 | €8,714 | -€6,969 | -44.4% |
| Trade receivables | 40 | €5,207 | €5,155 | -€53 | -1.0% |
| Other amounts receivable | 41 | €10,476 | €3,559 | -€6,917 | -66.0% |
| Cash at bank and in hand | 54/58 | €3,731 | €4,021 | +€290 | +7.8% |
| Total equity and liabilities | 10/49 | €23,549 | €20,464 | -€3,085 | -13.1% |
| Equity | 10/15 | €16,826 | €1,627 | -€15,200 | -90.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €16,726 | €1,527 | -€15,200 | -90.9% |
| Distributable reserves | 133 | €16,726 | €1,527 | -€15,200 | -90.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €6,723 | €18,837 | +€12,114 | +180% |
| Amounts payable within one year | 42/48 | €6,723 | €18,837 | +€12,114 | +180% |
| Financial debts | 43 | €5,657 | €5,719 | +€62 | +1.1% |
| Other loans | 439 | €5,657 | €5,719 | +€62 | +1.1% |
| Trade debts | 44 | €704 | €503 | -€201 | -28.6% |
| Suppliers | 440/4 | €704 | €503 | -€201 | -28.6% |
| Taxes, remuneration and social security | 45 | €362 | €2,121 | +€1,759 | +486% |
| Taxes | 450/3 | €362 | €2,121 | +€1,759 | +486% |
| Other amounts payable | 47/48 | €0 | €10,495 | +€10,495 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,684 | €2,262 | +€578 | +34.3% |
| Other operating charges | 640/8 | €585 | €607 | +€22 | +3.8% |
| Gross operating margin | 9900 | €42,023 | €49,494 | +€7,471 | +17.8% |
| Operating profit (loss) | 9901 | €39,753 | €46,624 | +€6,871 | +17.3% |
| Financial income | 75/76B | €213 | €0 | -€213 | -100% |
| Recurring financial income | 75 | €213 | €0 | -€213 | -100% |
| Financial charges | 65/66B | €917 | €942 | +€25 | +2.8% |
| Recurring financial charges | 65 | €917 | €942 | +€25 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €39,050 | €45,682 | +€6,632 | +17.0% |
| Income taxes | 67/77 | €2,760 | €5,881 | +€3,122 | +113% |
| Profit (loss) for the period | 9904 | €36,290 | €39,800 | +€3,510 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,290 | €39,800 | +€3,510 | +9.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.