ARKADY: what changed
What changed
ARKADY
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€15,223
2024 · -€2,868-€12,355
Equity
€20,637
2024 · €35,861-€15,223
Cash
€1,729
2024 · €4,084-€2,355
Balance sheet total
€148,555
2024 · €155,389-€6,834
Largest movements
Assets
- Receivables within one year -€5,713
down €5,713 (-24.3%), from €23,530 to €17,817
of which Trade receivables: -€6,038
- Cash -€2,355
down €2,355 (-57.7%), from €4,084 to €1,729
mainly Investment in fixed assets (net) (-€22,083) and Net result for the year (-€15,223)
Equity and liabilities
- Profit (loss) carried forward -€15,223
down €15,223 (-162%), from -€9,375 to -€24,598
- Accrued charges and deferred income +€3,788
new in 2025: €3,788
- Trade debts +€3,763
up €3,763 (+18.4%), from €20,421 to €24,184
- Other debts +€2,116
up €2,116 (+4.9%), from €42,999 to €45,115
Income statement
- Gross operating margin -€8,586
down €8,586 (-45.4%), from €18,904 to €10,318
- Staff costs +€2,323
new in 2025: €2,323
- Depreciation +€1,514
up €1,514 (+7.8%), from €19,336 to €20,850
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€2,868
Gross operating margin
-€8,586
Staff costs
-€2,323
Depreciation
-€1,514
Other operating charges
+€118
Financial income
-€8
Financial charges
-€33
Taxes
-€8
Result 2025
-€15,223
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€19,729
Investment
-€22,083
Financing
€0
Cash 2024
€4,084
From operations (derived)
+€19,729
Net result for the year
-€15,223
Depreciation
+€20,850
Receivables within one year
+€5,713
Trade debts
+€3,763
Tax, wage and social debts
-€1,277
Other debts
+€2,116
Accrued charges and deferred income
+€3,788
Investment (derived)
-€22,083
Investment in fixed assets (net)
-€22,083
Cash 2025
€1,729
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,389 | €148,555 | -€6,834 | -4.4% |
| Fixed assets | 21/28 | €127,775 | €129,009 | +€1,234 | +1.0% |
| Tangible fixed assets | 22/27 | €127,775 | €129,009 | +€1,234 | +1.0% |
| Furniture and vehicles | 24 | €1,114 | €1,450 | +€336 | +30.1% |
| Leasing and similar rights | 25 | €126,661 | €127,559 | +€898 | +0.7% |
| Current assets | 29/58 | €27,614 | €19,546 | -€8,068 | -29.2% |
| Amounts receivable within one year | 40/41 | €23,530 | €17,817 | -€5,713 | -24.3% |
| Trade receivables | 40 | €17,602 | €11,564 | -€6,038 | -34.3% |
| Other amounts receivable | 41 | €5,928 | €6,253 | +€325 | +5.5% |
| Cash at bank and in hand | 54/58 | €4,084 | €1,729 | -€2,355 | -57.7% |
| Total equity and liabilities | 10/49 | €155,389 | €148,555 | -€6,834 | -4.4% |
| Equity | 10/15 | €35,861 | €20,637 | -€15,223 | -42.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,635 | €26,635 | = | 0.0% |
| Distributable reserves | 133 | €26,635 | €26,635 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,375 | -€24,598 | -€15,223 | -162% |
| Amounts payable | 17/49 | €119,529 | €127,918 | +€8,389 | +7.0% |
| Amounts payable after more than one year | 17 | €46,000 | €46,000 | = | 0.0% |
| Financial debts | 170/4 | €46,000 | €46,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €73,529 | €78,130 | +€4,601 | +6.3% |
| Trade debts | 44 | €20,421 | €24,184 | +€3,763 | +18.4% |
| Suppliers | 440/4 | €20,421 | €24,184 | +€3,763 | +18.4% |
| Advances received on contracts in progress | 46 | €7,121 | €7,121 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,988 | €1,711 | -€1,277 | -42.7% |
| Taxes | 450/3 | €2,988 | €817 | -€2,171 | -72.6% |
| Remuneration and social security | 454/9 | - | €893 | +€893 | |
| Other amounts payable | 47/48 | €42,999 | €45,115 | +€2,116 | +4.9% |
| Accrued charges and deferred income | 492/3 | - | €3,788 | +€3,788 | |
| Remuneration, social security and pensions | 62 | - | €2,323 | +€2,323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,336 | €20,850 | +€1,514 | +7.8% |
| Other operating charges | 640/8 | €2,127 | €2,009 | -€118 | -5.5% |
| Gross operating margin | 9900 | €18,904 | €10,318 | -€8,586 | -45.4% |
| Operating profit (loss) | 9901 | -€2,559 | -€14,864 | -€12,306 | -481% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €186 | €219 | +€33 | +17.9% |
| Recurring financial charges | 65 | €186 | €219 | +€33 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,736 | -€15,084 | -€12,347 | -451% |
| Income taxes | 67/77 | €132 | €140 | +€8 | +6.1% |
| Profit (loss) for the period | 9904 | -€2,868 | -€15,223 | -€12,355 | -431% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,868 | -€15,223 | -€12,355 | -431% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.