ArcWorks: what changed
Two fiscal 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.
ArcWorks
Largest movements
- Receivables within one year -€23,373
down €23,373 (-57.8%), from €40,430 to €17,057
of which Trade receivables: -€33,561
- Tangible fixed assets -€19,473
down €19,473 (-10.2%), from €191,797 to €172,324
of which Land and buildings: -€15,085
- Cash +€7,381
up €7,381 (+3258.6%), from €227 to €7,607
mainly Receivables within one year (+€23,373) and Depreciation (+€14,854)
- Trade debts -€28,283
down €28,283 (-93.8%), from €30,162 to €1,879
- Other debts -€18,781
no longer reported in 2024 (was €18,781)
- Debts after one year +€8,935
up €8,935 (+6.1%), from €145,893 to €154,828
- Gross operating margin -€7,419
down €7,419 (-19.6%), from €37,863 to €30,445
- Staff costs -€1,277
down €1,277 (-16.3%), from €7,817 to €6,540
- Depreciation +€897
up €897 (+6.4%), from €13,957 to €14,854
- Financial charges +€798
up €798 (+23.1%), from €3,448 to €4,245
- Financial income +€527
up €527 (+266.8%), from €197 to €724
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €241,072 | €203,773 | -€37,299 | -15.5% |
| Fixed assets | 21/28 | €191,797 | €172,549 | -€19,248 | -10.0% |
| Tangible fixed assets | 22/27 | €191,797 | €172,324 | -€19,473 | -10.2% |
| Land and buildings | 22 | €165,314 | €150,229 | -€15,085 | -9.1% |
| Plant, machinery and equipment | 23 | €17,920 | €11,965 | -€5,955 | -33.2% |
| Furniture and vehicles | 24 | €8,563 | €10,130 | +€1,567 | +18.3% |
| Financial fixed assets | 28 | - | €225 | +€225 | |
| Current assets | 29/58 | €49,275 | €31,224 | -€18,051 | -36.6% |
| Stocks and contracts in progress | 3 | €6,933 | €4,639 | -€2,294 | -33.1% |
| Stocks | 30/36 | €6,933 | €4,639 | -€2,294 | -33.1% |
| Amounts receivable within one year | 40/41 | €40,430 | €17,057 | -€23,373 | -57.8% |
| Trade receivables | 40 | €37,931 | €4,370 | -€33,561 | -88.5% |
| Other amounts receivable | 41 | €2,499 | €12,687 | +€10,188 | +407.6% |
| Cash at bank and in hand | 54/58 | €227 | €7,607 | +€7,381 | +3258.6% |
| Deferred charges and accrued income | 490/1 | €1,686 | €1,921 | +€235 | +13.9% |
| Total equity and liabilities | 10/49 | €241,072 | €203,773 | -€37,299 | -15.5% |
| Equity | 10/15 | €33,135 | €34,870 | +€1,735 | +5.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €26,135 | €27,870 | +€1,735 | +6.6% |
| Non-distributable reserves | 130/1 | €700 | €700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €700 | €700 | = | 0.0% |
| Distributable reserves | 133 | €25,435 | €27,170 | +€1,735 | +6.8% |
| Amounts payable | 17/49 | €207,937 | €168,903 | -€39,034 | -18.8% |
| Amounts payable after more than one year | 17 | €145,893 | €154,828 | +€8,935 | +6.1% |
| Financial debts | 170/4 | €145,893 | €154,828 | +€8,935 | +6.1% |
| Amounts payable within one year | 42/48 | €62,044 | €14,075 | -€47,969 | -77.3% |
| Current portion of amounts payable after more than one year | 42 | €10,808 | €11,065 | +€257 | +2.4% |
| Trade debts | 44 | €30,162 | €1,879 | -€28,283 | -93.8% |
| Suppliers | 440/4 | €30,162 | €1,879 | -€28,283 | -93.8% |
| Taxes, remuneration and social security | 45 | €2,293 | €1,132 | -€1,162 | -50.7% |
| Taxes | 450/3 | €1,748 | €753 | -€994 | -56.9% |
| Remuneration and social security | 454/9 | €546 | €378 | -€167 | -30.7% |
| Other amounts payable | 47/48 | €18,781 | - | -€18,781 | |
| Non-recurring operating income | 76A | - | €4,514 | +€4,514 | |
| Remuneration, social security and pensions | 62 | €7,817 | €6,540 | -€1,277 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,957 | €14,854 | +€897 | +6.4% |
| Other operating charges | 640/8 | €2,199 | €2,494 | +€295 | +13.4% |
| Non-recurring operating charges | 66A | €8,264 | €786 | -€7,479 | -90.5% |
| Gross operating margin | 9900 | €37,863 | €30,445 | -€7,419 | -19.6% |
| Operating profit (loss) | 9901 | €5,626 | €5,771 | +€145 | +2.6% |
| Financial income | 75/76B | €197 | €724 | +€527 | +266.8% |
| Recurring financial income | 75 | €197 | €724 | +€527 | +266.8% |
| Financial charges | 65/66B | €3,448 | €4,245 | +€798 | +23.1% |
| Recurring financial charges | 65 | €3,448 | €4,245 | +€798 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €2,376 | €2,250 | -€126 | -5.3% |
| Income taxes | 67/77 | €809 | €515 | -€294 | -36.3% |
| Profit (loss) for the period | 9904 | €1,567 | €1,735 | +€168 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,567 | €1,735 | +€168 | +10.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.