ARK VAN NOE: 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 VAN NOE
Largest movements
- Receivables within one year +€110,667
up €110,667 (+59.6%), from €185,712 to €296,379
- Cash -€50,037
no longer reported in 2024 (was €50,037)
mainly Receivables within one year (-€110,667) and Net result for the year (-€37,613)
- Tangible fixed assets -€24,348
down €24,348 (-9.9%), from €246,211 to €221,863
- Deferred charges and accrued income -€9,039
no longer reported in 2024 (was €9,039)
- Short-term financial debts +€53,521
new in 2024: €53,521
- Reserves -€37,613
down €37,613 (-43.1%), from €87,199 to €49,586
of which Distributable reserves: -€37,613
- Trade debts +€11,334
up €11,334 (+86.6%), from €13,095 to €24,428
- Financial income -€9,039
no longer reported in 2024 (was €9,039)
- Other operating charges +€7,755
up €7,755 (+1,075%), from €721 to €8,476
- Gross operating margin +€4,087
up €4,087 (+91.6%), from -€4,464 to -€377
- Depreciation -€2,799
down €2,799 (-10.3%), from €27,148 to €24,348
- Financial charges +€105
up €105 (+2.4%), from €4,306 to €4,411
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.
Derived cash bridge
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 | €495,895 | €523,137 | +€27,242 | +5.5% |
| Fixed assets | 21/28 | €251,106 | €226,758 | -€24,348 | -9.7% |
| Tangible fixed assets | 22/27 | €246,211 | €221,863 | -€24,348 | -9.9% |
| Land and buildings | 22 | €246,211 | €221,863 | -€24,348 | -9.9% |
| Financial fixed assets | 28 | €4,895 | €4,895 | = | 0.0% |
| Current assets | 29/58 | €244,789 | €296,379 | +€51,591 | +21.1% |
| Amounts receivable within one year | 40/41 | €185,712 | €296,379 | +€110,667 | +59.6% |
| Other amounts receivable | 41 | €185,712 | €296,379 | +€110,667 | +59.6% |
| Cash at bank and in hand | 54/58 | €50,037 | - | -€50,037 | |
| Deferred charges and accrued income | 490/1 | €9,039 | - | -€9,039 | |
| Total equity and liabilities | 10/49 | €495,895 | €523,137 | +€27,242 | +5.5% |
| Equity | 10/15 | €457,800 | €420,187 | -€37,613 | -8.2% |
| Contributions | 10/11 | €370,601 | €370,601 | = | 0.0% |
| Capital | 10 | €370,601 | €370,601 | = | 0.0% |
| Issued capital | 100 | €370,601 | €370,601 | = | 0.0% |
| Reserves | 13 | €87,199 | €49,586 | -€37,613 | -43.1% |
| Non-distributable reserves | 130/1 | €37,060 | €37,060 | = | 0.0% |
| Reserves not available under the articles | 1311 | €37,060 | €37,060 | = | 0.0% |
| Distributable reserves | 133 | €50,139 | €12,526 | -€37,613 | -75.0% |
| Provisions and deferred taxes | 16 | €25,000 | €25,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €25,000 | €25,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €13,095 | €77,950 | +€64,855 | +495% |
| Amounts payable within one year | 42/48 | €13,095 | €77,950 | +€64,855 | +495% |
| Financial debts | 43 | - | €53,521 | +€53,521 | |
| Credit institutions | 430/8 | - | €53,521 | +€53,521 | |
| Trade debts | 44 | €13,095 | €24,428 | +€11,334 | +86.6% |
| Suppliers | 440/4 | €13,095 | €24,428 | +€11,334 | +86.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,148 | €24,348 | -€2,799 | -10.3% |
| Other operating charges | 640/8 | €721 | €8,476 | +€7,755 | +1,075% |
| Gross operating margin | 9900 | -€4,464 | -€377 | +€4,087 | +91.6% |
| Operating profit (loss) | 9901 | -€32,333 | -€33,202 | -€868 | -2.7% |
| Financial income | 75/76B | €9,039 | - | -€9,039 | |
| Recurring financial income | 75 | €9,039 | - | -€9,039 | |
| Financial charges | 65/66B | €4,306 | €4,411 | +€105 | +2.4% |
| Recurring financial charges | 65 | €4,306 | €4,411 | +€105 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€27,600 | -€37,613 | -€10,012 | -36.3% |
| Profit (loss) for the period | 9904 | -€27,600 | -€37,613 | -€10,012 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,600 | -€37,613 | -€10,012 | -36.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.