ARCUS BELGIUM: 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.
What changed
ARCUS BELGIUM
NACE 46.820, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €1.1m-€58,226
Equity
€5.8m
2024 · €5.3m+€508,624
Cash
€182,208
2024 · €249,672-€67,464
Balance sheet total
€7.2m
2024 · €5.9m+€1.3m
Largest movements
Assets
- Receivables within one year +€856,157
up €856,157 (+15.5%), from €5.5m to €6.4m
of which Other amounts receivable: +€619,476
- Stocks and contracts +€432,245
up €432,245 (+497%), from €86,973 to €519,218
Equity and liabilities
- Trade debts +€734,168
up €734,168 (+202%), from €363,721 to €1.1m
- Profit (loss) carried forward +€508,624
up €508,624 (+9.8%), from €5.2m to €5.7m
Income statement
- Goods and materials -€585,120
down €585,120 (-5.8%), from €10.0m to €9.5m
of which Change in stocks: decrease (increase): -€1.1m
- Turnover -€575,459
down €575,459 (-4.5%), from €12.8m to €12.2m
- Financial income +€150,121
new in 2025: €150,121
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.
Result 2024
€1.1m
Turnover
-€575,459
Goods and materials
+€585,120
Services and other goods
-€45,057
Staff costs
-€47,263
Depreciation
-€1,005
Write-downs
-€6,053
Other operating charges
-€240
Financial income
+€150,121
Financial charges
-€906
Other financial items
-€140,590
Taxes
+€23,106
Result 2025
€1.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€558,971
Investment
-€59,844
Financing
-€566,591
Cash 2024
€249,672
From operations (derived)
+€558,971
Net result for the year
+€1.1m
Depreciation
+€13,016
Stocks and contracts
-€432,245
Receivables within one year
-€856,157
Deferred charges and accrued income
-€16,967
Trade debts
+€734,168
Tax, wage and social debts
+€21,471
Accrued charges and deferred income
+€20,211
Investment (derived)
-€59,844
Investment in fixed assets (net)
-€59,844
Financing
-€566,591
Short-term financial debts
+€259
Contributions, distributions and other
-€566,850
Cash 2025
€182,208
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,902,305 | €7,187,038 | +€1.3m | +21.8% |
| Fixed assets | 21/28 | €32,586 | €79,414 | +€46,828 | +144% |
| Tangible fixed assets | 22/27 | €32,586 | €79,414 | +€46,828 | +144% |
| Furniture and vehicles | 24 | €32,586 | €32,302 | -€284 | -0.9% |
| Other tangible fixed assets | 26 | - | €41,112 | +€41,112 | |
| Assets under construction and advance payments | 27 | - | €6,000 | +€6,000 | |
| Current assets | 29/58 | €5,869,719 | €7,107,624 | +€1.2m | +21.1% |
| Stocks and contracts in progress | 3 | €86,973 | €519,218 | +€432,245 | +497% |
| Stocks | 30/36 | €86,973 | €519,218 | +€432,245 | +497% |
| Goods purchased for resale | 34 | €86,973 | €519,218 | +€432,245 | +497% |
| Amounts receivable within one year | 40/41 | €5,507,266 | €6,363,423 | +€856,157 | +15.5% |
| Trade receivables | 40 | €2,108,000 | €2,344,681 | +€236,681 | +11.2% |
| Other amounts receivable | 41 | €3,399,266 | €4,018,742 | +€619,476 | +18.2% |
| Cash at bank and in hand | 54/58 | €249,672 | €182,208 | -€67,464 | -27.0% |
| Deferred charges and accrued income | 490/1 | €25,808 | €42,775 | +€16,967 | +65.7% |
| Total equity and liabilities | 10/49 | €5,902,305 | €7,187,038 | +€1.3m | +21.8% |
| Equity | 10/15 | €5,330,647 | €5,839,271 | +€508,624 | +9.5% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €14,874 | €14,874 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,167,037 | €5,675,661 | +€508,624 | +9.8% |
| Amounts payable | 17/49 | €571,658 | €1,347,767 | +€776,109 | +136% |
| Amounts payable within one year | 42/48 | €571,658 | €1,327,556 | +€755,898 | +132% |
| Financial debts | 43 | - | €259 | +€259 | |
| Credit institutions | 430/8 | - | €259 | +€259 | |
| Trade debts | 44 | €363,721 | €1,097,889 | +€734,168 | +202% |
| Suppliers | 440/4 | €363,721 | €1,097,889 | +€734,168 | +202% |
| Taxes, remuneration and social security | 45 | €207,937 | €229,408 | +€21,471 | +10.3% |
| Taxes | 450/3 | €121,354 | €153,836 | +€32,482 | +26.8% |
| Remuneration and social security | 454/9 | €86,583 | €75,572 | -€11,011 | -12.7% |
| Accrued charges and deferred income | 492/3 | - | €20,211 | +€20,211 | |
| Operating income | 70/76A | €12,755,077 | €12,179,618 | -€575,459 | -4.5% |
| Turnover | 70 | €12,755,077 | €12,179,618 | -€575,459 | -4.5% |
| Operating charges | 60/66A | €11,353,518 | €10,868,016 | -€485,502 | -4.3% |
| Goods for resale, raw materials and consumables | 60 | €10,035,855 | €9,450,735 | -€585,120 | -5.8% |
| Purchases | 600/8 | - | €9,882,980 | +€9.9m | |
| Change in stocks: decrease (increase) | 609 | €687,721 | -€432,245 | -€1.1m | |
| Services and other goods | 61 | €643,362 | €688,419 | +€45,057 | +7.0% |
| Remuneration, social security and pensions | 62 | €660,965 | €708,228 | +€47,263 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,011 | €13,016 | +€1,005 | +8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,254 | €7,307 | +€6,053 | +483% |
| Other operating charges | 640/8 | €71 | €311 | +€240 | +338% |
| Operating profit (loss) | 9901 | €1,401,559 | €1,311,602 | -€89,957 | -6.4% |
| Financial income | 75/76B | - | €150,121 | +€150,121 | |
| Recurring financial income | 75 | €140,590 | €150,121 | +€9,531 | +6.8% |
| Other financial income | 752/9 | €140,590 | €150,121 | +€9,531 | +6.8% |
| Financial charges | 65/66B | €18,359 | €19,265 | +€906 | +4.9% |
| Recurring financial charges | 65 | €18,359 | €19,265 | +€906 | +4.9% |
| Other financial charges | 652/9 | €18,359 | €19,265 | +€906 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €1,523,790 | €1,442,458 | -€81,332 | -5.3% |
| Income taxes | 67/77 | €390,090 | €366,984 | -€23,106 | -5.9% |
| Taxes | 670/3 | €390,090 | €366,984 | -€23,106 | -5.9% |
| Profit (loss) for the period | 9904 | €1,133,700 | €1,075,474 | -€58,226 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,133,700 | €1,075,474 | -€58,226 | -5.1% |
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 1 November 2026 via checked.be.