ARK/8: 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.
ARK/8
Largest movements
- Receivables within one year +€994,399
up €994,399 (+86.0%), from €1.2m to €2.2m
of which Other amounts receivable: +€789,206
- Intangible fixed assets +€42,740
up €42,740 (+32.3%), from €132,442 to €175,183
- Short-term financial debts +€402,957
up €402,957 (+12146.1%), from €3,318 to €406,275
- Trade debts +€392,213
up €392,213 (+530.6%), from €73,913 to €466,126
- Profit (loss) carried forward +€211,547
up €211,547 (+12.6%), from -€1.7m to -€1.5m
- Gross operating margin +€894,440
up €894,440, from -€569,309 to €325,132
- Write-downs +€370,705
no longer reported in 2024 (was -€370,705)
- Other operating charges -€131,875
no longer reported in 2024 (was €131,875)
- Financial charges -€99,597
down €99,597 (-72.8%), from €136,890 to €37,293
- Financial income -€22,828
down €22,828 (-87.4%), from €26,133 to €3,305
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 | €1,649,501 | €2,655,297 | +€1.0m | +61.0% |
| Fixed assets | 21/28 | €450,871 | €475,299 | +€24,428 | +5.4% |
| Intangible fixed assets | 21 | €132,442 | €175,183 | +€42,740 | +32.3% |
| Tangible fixed assets | 22/27 | €22,355 | €4,042 | -€18,313 | -81.9% |
| Furniture and vehicles | 24 | €8,846 | €2,363 | -€6,483 | -73.3% |
| Other tangible fixed assets | 26 | €4,526 | €1,679 | -€2,847 | -62.9% |
| Assets under construction and advance payments | 27 | €8,983 | - | -€8,983 | |
| Financial fixed assets | 28 | €296,074 | €296,074 | = | 0.0% |
| Current assets | 29/58 | €1,198,630 | €2,179,999 | +€981,368 | +81.9% |
| Amounts receivable within one year | 40/41 | €1,155,621 | €2,150,020 | +€994,399 | +86.0% |
| Trade receivables | 40 | €204,479 | €409,672 | +€205,193 | +100.3% |
| Other amounts receivable | 41 | €951,142 | €1,740,348 | +€789,206 | +83.0% |
| Cash at bank and in hand | 54/58 | €43,009 | €29,979 | -€13,031 | -30.3% |
| Total equity and liabilities | 10/49 | €1,649,501 | €2,655,297 | +€1.0m | +61.0% |
| Equity | 10/15 | -€1,284,704 | -€1,073,157 | +€211,547 | +16.5% |
| Contributions | 10/11 | €392,000 | €392,000 | = | 0.0% |
| Capital | 10 | €392,000 | €392,000 | = | 0.0% |
| Issued capital | 100 | €392,000 | €392,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,676,704 | -€1,465,157 | +€211,547 | +12.6% |
| Amounts payable | 17/49 | €2,934,205 | €3,728,455 | +€794,249 | +27.1% |
| Amounts payable within one year | 42/48 | €2,934,205 | €3,728,455 | +€794,249 | +27.1% |
| Financial debts | 43 | €3,318 | €406,275 | +€402,957 | +12146.1% |
| Credit institutions | 430/8 | €3,318 | €406,275 | +€402,957 | +12146.1% |
| Trade debts | 44 | €73,913 | €466,126 | +€392,213 | +530.6% |
| Suppliers | 440/4 | €73,913 | €466,126 | +€392,213 | +530.6% |
| Taxes, remuneration and social security | 45 | €17,685 | €24,802 | +€7,118 | +40.2% |
| Taxes | 450/3 | €1,430 | €1,134 | -€296 | -20.7% |
| Remuneration and social security | 454/9 | €16,254 | €23,668 | +€7,414 | +45.6% |
| Other amounts payable | 47/48 | €2,839,290 | €2,831,252 | -€8,039 | -0.3% |
| Remuneration, social security and pensions | 62 | €40,326 | €34,132 | -€6,194 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,567 | €45,465 | -€13,102 | -22.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€370,705 | - | +€370,705 | |
| Other operating charges | 640/8 | €131,875 | - | -€131,875 | |
| Gross operating margin | 9900 | -€569,309 | €325,132 | +€894,440 | |
| Operating profit (loss) | 9901 | -€429,371 | €245,535 | +€674,906 | |
| Financial income | 75/76B | €26,133 | €3,305 | -€22,828 | -87.4% |
| Recurring financial income | 75 | €26,133 | €3,305 | -€22,828 | -87.4% |
| Financial charges | 65/66B | €136,890 | €37,293 | -€99,597 | -72.8% |
| Recurring financial charges | 65 | €136,890 | €37,293 | -€99,597 | -72.8% |
| Profit (loss) for the period before taxes | 9903 | -€540,128 | €211,547 | +€751,675 | |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€540,128 | €211,547 | +€751,675 | |
| Profit (loss) for the period to be appropriated | 9905 | -€540,128 | €211,547 | +€751,675 |
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 5 October 2026 via checked.be.