ARK 7: 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.
ARK 7
Largest movements
- Cash -€17,708
down €17,708 (-37.5%), from €47,255 to €29,547
mainly Other debts (-€13,818) and Debts after one year (-€8,792)
- Tangible fixed assets -€10,352
down €10,352 (-7.1%), from €145,834 to €135,482
of which Land and buildings: -€13,112
- Other debts -€13,818
down €13,818 (-12.3%), from €112,499 to €98,681
- Debts after one year -€8,792
down €8,792 (-10.6%), from €83,016 to €74,224
- Profit (loss) carried forward -€7,071
down €7,071 (-263.9%), from -€2,679 to -€9,751
- Trade debts +€3,553
up €3,553 (+757.7%), from €469 to €4,022
- Financial charges +€5,760
up €5,760 (+4047.4%), from €142 to €5,903
- Gross operating margin -€2,343
down €2,343 (-25.8%), from €9,085 to €6,742
- Depreciation +€438
up €438 (+6.8%), from €6,439 to €6,877
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 | €222,395 | €195,969 | -€26,427 | -11.9% |
| Fixed assets | 21/28 | €145,834 | €135,482 | -€10,352 | -7.1% |
| Tangible fixed assets | 22/27 | €145,834 | €135,482 | -€10,352 | -7.1% |
| Land and buildings | 22 | €145,834 | €132,722 | -€13,112 | -9.0% |
| Plant, machinery and equipment | 23 | - | €2,760 | +€2,760 | |
| Current assets | 29/58 | €76,561 | €60,487 | -€16,074 | -21.0% |
| Stocks and contracts in progress | 3 | €14,137 | €14,137 | = | 0.0% |
| Stocks | 30/36 | €14,137 | €14,137 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,169 | €16,803 | +€1,634 | +10.8% |
| Trade receivables | 40 | €12,669 | €13,431 | +€762 | +6.0% |
| Other amounts receivable | 41 | €2,500 | €3,372 | +€872 | +34.9% |
| Cash at bank and in hand | 54/58 | €47,255 | €29,547 | -€17,708 | -37.5% |
| Total equity and liabilities | 10/49 | €222,395 | €195,969 | -€26,427 | -11.9% |
| Equity | 10/15 | €17,321 | €10,249 | -€7,071 | -40.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,679 | -€9,751 | -€7,071 | -263.9% |
| Amounts payable | 17/49 | €205,075 | €185,720 | -€19,355 | -9.4% |
| Amounts payable after more than one year | 17 | €83,016 | €74,224 | -€8,792 | -10.6% |
| Financial debts | 170/4 | €83,016 | €74,224 | -€8,792 | -10.6% |
| Amounts payable within one year | 42/48 | €122,059 | €111,495 | -€10,563 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €8,370 | €8,792 | +€422 | +5.0% |
| Trade debts | 44 | €469 | €4,022 | +€3,553 | +757.7% |
| Suppliers | 440/4 | €469 | €4,022 | +€3,553 | +757.7% |
| Taxes, remuneration and social security | 45 | €721 | - | -€721 | |
| Taxes | 450/3 | €721 | - | -€721 | |
| Other amounts payable | 47/48 | €112,499 | €98,681 | -€13,818 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,439 | €6,877 | +€438 | +6.8% |
| Other operating charges | 640/8 | €1,053 | €1,033 | -€19 | -1.8% |
| Gross operating margin | 9900 | €9,085 | €6,742 | -€2,343 | -25.8% |
| Operating profit (loss) | 9901 | €1,593 | -€1,169 | -€2,762 | |
| Financial charges | 65/66B | €142 | €5,903 | +€5,760 | +4047.4% |
| Recurring financial charges | 65 | €142 | €5,903 | +€5,760 | +4047.4% |
| Profit (loss) for the period before taxes | 9903 | €1,451 | -€7,071 | -€8,522 | |
| Profit (loss) for the period | 9904 | €1,451 | -€7,071 | -€8,522 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,451 | -€7,071 | -€8,522 |
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 12 October 2026 via checked.be.