ARK DESIGN: 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 DESIGN
Largest movements
- Receivables within one year +€37,540
up €37,540 (+24.4%), from €153,940 to €191,480
of which Trade receivables: +€35,722
- Cash -€6,479
down €6,479 (-58.6%), from €11,061 to €4,582
mainly Receivables within one year (-€37,540) and Tax, wage and social debts (-€13,407)
- Tangible fixed assets +€4,899
up €4,899 (+139.7%), from €3,507 to €8,406
- Reserves +€44,281
up €44,281 (+36.7%), from €120,576 to €164,857
- Tax, wage and social debts -€13,407
down €13,407 (-100.0%), from €13,411 to €4
of which Taxes: -€12,996
- Short-term financial debts +€12,634
up €12,634 (+123.0%), from €10,275 to €22,909
- Accrued charges and deferred income -€7,852
down €7,852 (-72.3%), from €10,858 to €3,005
- Trade debts +€2,169
up €2,169 (+96.7%), from €2,243 to €4,412
- Gross operating margin +€41,625
up €41,625 (+148.4%), from €28,043 to €69,668
- Taxes +€11,610
up €11,610 (+193.1%), from €6,014 to €17,624
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 | €169,869 | €205,979 | +€36,110 | +21.3% |
| Fixed assets | 21/28 | €3,642 | €8,541 | +€4,899 | +134.5% |
| Tangible fixed assets | 22/27 | €3,507 | €8,406 | +€4,899 | +139.7% |
| Furniture and vehicles | 24 | €3,507 | €8,406 | +€4,899 | +139.7% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €166,227 | €197,439 | +€31,211 | +18.8% |
| Stocks and contracts in progress | 3 | €562 | €669 | +€108 | +19.1% |
| Stocks | 30/36 | €562 | €669 | +€108 | +19.1% |
| Amounts receivable within one year | 40/41 | €153,940 | €191,480 | +€37,540 | +24.4% |
| Trade receivables | 40 | €17,039 | €52,761 | +€35,722 | +209.7% |
| Other amounts receivable | 41 | €136,901 | €138,719 | +€1,818 | +1.3% |
| Cash at bank and in hand | 54/58 | €11,061 | €4,582 | -€6,479 | -58.6% |
| Deferred charges and accrued income | 490/1 | €665 | €708 | +€43 | +6.5% |
| Total equity and liabilities | 10/49 | €169,869 | €205,979 | +€36,110 | +21.3% |
| Equity | 10/15 | €120,576 | €164,857 | +€44,281 | +36.7% |
| Reserves | 13 | €120,576 | €164,857 | +€44,281 | +36.7% |
| Distributable reserves | 133 | €120,576 | €164,857 | +€44,281 | +36.7% |
| Amounts payable | 17/49 | €49,293 | €41,122 | -€8,171 | -16.6% |
| Amounts payable within one year | 42/48 | €38,436 | €38,117 | -€319 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €1,715 | - | -€1,715 | |
| Financial debts | 43 | €10,275 | €22,909 | +€12,634 | +123.0% |
| Credit institutions | 430/8 | €10,275 | €22,909 | +€12,634 | +123.0% |
| Trade debts | 44 | €2,243 | €4,412 | +€2,169 | +96.7% |
| Suppliers | 440/4 | €2,243 | €4,412 | +€2,169 | +96.7% |
| Advances received on contracts in progress | 46 | €9,222 | €9,222 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €13,411 | €4 | -€13,407 | -100.0% |
| Taxes | 450/3 | €13,000 | €4 | -€12,996 | -100.0% |
| Remuneration and social security | 454/9 | €411 | - | -€411 | |
| Other amounts payable | 47/48 | €1,570 | €1,570 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €10,858 | €3,005 | -€7,852 | -72.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,808 | €2,500 | -€308 | -11.0% |
| Other operating charges | 640/8 | €2,116 | €1,968 | -€148 | -7.0% |
| Gross operating margin | 9900 | €28,043 | €69,668 | +€41,625 | +148.4% |
| Operating profit (loss) | 9901 | €23,119 | €65,200 | +€42,081 | +182.0% |
| Financial income | 75/76B | €55 | €9 | -€46 | -84.4% |
| Recurring financial income | 75 | €55 | €9 | -€46 | -84.4% |
| Financial charges | 65/66B | €3,966 | €3,304 | -€663 | -16.7% |
| Recurring financial charges | 65 | €3,966 | €3,304 | -€663 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €19,208 | €61,905 | +€42,697 | +222.3% |
| Income taxes | 67/77 | €6,014 | €17,624 | +€11,610 | +193.1% |
| Profit (loss) for the period | 9904 | €13,194 | €44,281 | +€31,087 | +235.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,194 | €44,281 | +€31,087 | +235.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.