ARKAM: 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.
ARKAM
Largest movements
- Receivables within one year -€13,608
down €13,608 (-79.4%), from €17,130 to €3,521
of which Trade receivables: -€14,231
- Deferred charges and accrued income -€440
down €440 (-59.8%), from €736 to €296
- Profit (loss) carried forward +€30,826
up €30,826 (+30.5%), from -€101,050 to -€70,224
- Other debts -€26,456
down €26,456 (-44.5%), from €59,404 to €32,949
- Tax, wage and social debts -€9,639
down €9,639 (-86.5%), from €11,149 to €1,509
- Trade debts -€8,463
down €8,463 (-91.2%), from €9,277 to €814
- Advances received -€997
down €997 (-36.9%), from €2,703 to €1,706
- Gross operating margin +€14,660
up €14,660 (+54.9%), from €26,688 to €41,347
- Financial charges +€3,357
up €3,357 (+67.5%), from €4,972 to €8,328
- Staff costs -€3,281
no longer reported in 2025 (was €3,281)
- Depreciation -€1,159
no longer reported in 2025 (was €1,159)
- Other operating charges -€1,108
down €1,108 (-35.1%), from €3,161 to €2,053
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 | €18,870 | €4,821 | -€14,049 | -74.5% |
| Fixed assets | 21/28 | €1,004 | €1,004 | = | 0.0% |
| Financial fixed assets | 28 | €1,004 | €1,004 | = | 0.0% |
| Current assets | 29/58 | €17,866 | €3,817 | -€14,049 | -78.6% |
| Amounts receivable within one year | 40/41 | €17,130 | €3,521 | -€13,608 | -79.4% |
| Trade receivables | 40 | €17,130 | €2,898 | -€14,231 | -83.1% |
| Other amounts receivable | 41 | - | €623 | +€623 | |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €736 | €296 | -€440 | -59.8% |
| Total equity and liabilities | 10/49 | €18,870 | €4,821 | -€14,049 | -74.5% |
| Equity | 10/15 | -€70,817 | -€39,991 | +€30,826 | +43.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,633 | €11,633 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €9,773 | €9,773 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,050 | -€70,224 | +€30,826 | +30.5% |
| Amounts payable | 17/49 | €89,686 | €44,812 | -€44,875 | -50.0% |
| Amounts payable within one year | 42/48 | €89,686 | €44,812 | -€44,875 | -50.0% |
| Financial debts | 43 | €7,154 | €7,834 | +€680 | +9.5% |
| Credit institutions | 430/8 | €7,154 | €7,834 | +€680 | +9.5% |
| Trade debts | 44 | €9,277 | €814 | -€8,463 | -91.2% |
| Suppliers | 440/4 | €9,277 | €814 | -€8,463 | -91.2% |
| Advances received on contracts in progress | 46 | €2,703 | €1,706 | -€997 | -36.9% |
| Taxes, remuneration and social security | 45 | €11,149 | €1,509 | -€9,639 | -86.5% |
| Taxes | 450/3 | €11,149 | €1,509 | -€9,639 | -86.5% |
| Other amounts payable | 47/48 | €59,404 | €32,949 | -€26,456 | -44.5% |
| Remuneration, social security and pensions | 62 | €3,281 | - | -€3,281 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,159 | - | -€1,159 | |
| Other operating charges | 640/8 | €3,161 | €2,053 | -€1,108 | -35.1% |
| Gross operating margin | 9900 | €26,688 | €41,347 | +€14,660 | +54.9% |
| Operating profit (loss) | 9901 | €19,087 | €39,294 | +€20,208 | +106% |
| Financial income | 75/76B | €105 | €1 | -€104 | -99.1% |
| Recurring financial income | 75 | €105 | €1 | -€104 | -99.1% |
| Financial charges | 65/66B | €4,972 | €8,328 | +€3,357 | +67.5% |
| Recurring financial charges | 65 | €4,972 | €8,328 | +€3,357 | +67.5% |
| Profit (loss) for the period before taxes | 9903 | €14,220 | €30,967 | +€16,747 | +118% |
| Income taxes | 67/77 | €174 | €141 | -€33 | -19.2% |
| Profit (loss) for the period | 9904 | €14,046 | €30,826 | +€16,780 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €14,046 | €30,826 | +€16,780 | +119% |
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 13 October 2026 via checked.be.