ARKABO: 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.
ARKABO
Largest movements
- Tangible fixed assets -€119,356
down €119,356 (-9.2%), from €1.3m to €1.2m
of which Land and buildings: -€113,507
- Cash +€31,982
up €31,982 (+181%), from €17,628 to €49,609
mainly Depreciation (+€152,029) and Receivables after one year (+€22,490)
- Receivables after one year -€22,490
down €22,490 (-21.1%), from €106,780 to €84,290
- Other debts -€58,373
down €58,373 (-56.0%), from €104,311 to €45,938
- Profit (loss) carried forward -€50,011
down €50,011 (-3.6%), from -€1.4m to -€1.4m
- Revaluation surpluses -€37,286
down €37,286 (-15.5%), from €241,328 to €204,042
- Reserves +€37,286
up €37,286 (+6.0%), from €618,630 to €655,917
- Staff costs -€16,926
down €16,926 (-29.0%), from €58,462 to €41,536
- Depreciation -€9,387
down €9,387 (-5.8%), from €161,416 to €152,029
- Other operating charges +€9,057
up €9,057 (+30.5%), from €29,655 to €38,712
- Gross operating margin +€7,823
up €7,823 (+4.2%), from €187,699 to €195,522
- Financial income +€4,364
up €4,364 (+121%), from €3,600 to €7,964
of which Non-recurring financial income: +€4,586
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.
Derived cash bridge
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 | €1,451,598 | €1,340,295 | -€111,302 | -7.7% |
| Fixed assets | 21/28 | €1,302,111 | €1,182,755 | -€119,356 | -9.2% |
| Tangible fixed assets | 22/27 | €1,297,871 | €1,178,515 | -€119,356 | -9.2% |
| Land and buildings | 22 | €1,271,545 | €1,158,038 | -€113,507 | -8.9% |
| Plant, machinery and equipment | 23 | €4,205 | €2,767 | -€1,438 | -34.2% |
| Furniture and vehicles | 24 | €22,121 | €17,710 | -€4,411 | -19.9% |
| Financial fixed assets | 28 | €4,240 | €4,240 | = | 0.0% |
| Current assets | 29/58 | €149,486 | €157,540 | +€8,054 | +5.4% |
| Amounts receivable after more than one year | 29 | €106,780 | €84,290 | -€22,490 | -21.1% |
| Other amounts receivable | 291 | €106,780 | €84,290 | -€22,490 | -21.1% |
| Amounts receivable within one year | 40/41 | €8,621 | €10,882 | +€2,261 | +26.2% |
| Trade receivables | 40 | €8,621 | €10,355 | +€1,735 | +20.1% |
| Other amounts receivable | 41 | - | €526 | +€526 | |
| Cash at bank and in hand | 54/58 | €17,628 | €49,609 | +€31,982 | +181% |
| Deferred charges and accrued income | 490/1 | €16,458 | €12,759 | -€3,699 | -22.5% |
| Total equity and liabilities | 10/49 | €1,451,598 | €1,340,295 | -€111,302 | -7.7% |
| Equity | 10/15 | -€268,102 | -€318,113 | -€50,011 | -18.7% |
| Contributions | 10/11 | €245,439 | €245,439 | = | 0.0% |
| Revaluation surpluses | 12 | €241,328 | €204,042 | -€37,286 | -15.5% |
| Reserves | 13 | €618,630 | €655,917 | +€37,286 | +6.0% |
| Distributable reserves | 133 | €618,630 | €655,917 | +€37,286 | +6.0% |
| Profit (loss) carried forward | 14 | -€1,373,499 | -€1,423,510 | -€50,011 | -3.6% |
| Amounts payable | 17/49 | €1,719,699 | €1,658,408 | -€61,291 | -3.6% |
| Amounts payable after more than one year | 17 | €1,470,523 | €1,466,097 | -€4,426 | -0.3% |
| Financial debts | 170/4 | €1,470,523 | €1,466,097 | -€4,426 | -0.3% |
| Amounts payable within one year | 42/48 | €240,161 | €183,713 | -€56,448 | -23.5% |
| Current portion of amounts payable after more than one year | 42 | €116,419 | €121,426 | +€5,007 | +4.3% |
| Trade debts | 44 | €15,412 | €15,367 | -€45 | -0.3% |
| Suppliers | 440/4 | €15,412 | €15,367 | -€45 | -0.3% |
| Taxes, remuneration and social security | 45 | €4,018 | €981 | -€3,037 | -75.6% |
| Taxes | 450/3 | €2,649 | €981 | -€1,668 | -63.0% |
| Remuneration and social security | 454/9 | €1,369 | - | -€1,369 | |
| Other amounts payable | 47/48 | €104,311 | €45,938 | -€58,373 | -56.0% |
| Accrued charges and deferred income | 492/3 | €9,015 | €8,598 | -€417 | -4.6% |
| Remuneration, social security and pensions | 62 | €58,462 | €41,536 | -€16,926 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,416 | €152,029 | -€9,387 | -5.8% |
| Other operating charges | 640/8 | €29,655 | €38,712 | +€9,057 | +30.5% |
| Gross operating margin | 9900 | €187,699 | €195,522 | +€7,823 | +4.2% |
| Operating profit (loss) | 9901 | -€61,834 | -€36,755 | +€25,079 | +40.6% |
| Financial income | 75/76B | €3,600 | €7,964 | +€4,364 | +121% |
| Recurring financial income | 75 | €3,600 | €3,378 | -€222 | -6.2% |
| Non-recurring financial income | 76B | - | €4,586 | +€4,586 | |
| Financial charges | 65/66B | €25,579 | €21,221 | -€4,359 | -17.0% |
| Recurring financial charges | 65 | €25,579 | €21,221 | -€4,359 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€83,813 | -€50,011 | +€33,802 | +40.3% |
| Profit (loss) for the period | 9904 | -€83,813 | -€50,011 | +€33,802 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€83,813 | -€50,011 | +€33,802 | +40.3% |
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 15 October 2026 via checked.be.