ARKANI-PROJECTS: 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.
ARKANI-PROJECTS
Largest movements
- Receivables within one year -€11,235
down €11,235 (-14.8%), from €76,071 to €64,836
of which Trade receivables: -€14,680
- Other debts -€17,371
down €17,371 (-44.1%), from €39,405 to €22,034
- Gross operating margin -€7,841
down €7,841 (-59.1%), from €13,277 to €5,436
- Taxes -€1,020
down €1,020 (-39.6%), from €2,575 to €1,555
- Depreciation -€637
down €637 (-67.1%), from €949 to €312
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 | €309,098 | €296,430 | -€12,668 | -4.1% |
| Fixed assets | 21/28 | €324 | €768 | +€444 | +136.7% |
| Tangible fixed assets | 22/27 | €324 | €768 | +€444 | +136.7% |
| Plant, machinery and equipment | 23 | €324 | €768 | +€444 | +136.7% |
| Current assets | 29/58 | €308,774 | €295,662 | -€13,111 | -4.2% |
| Amounts receivable within one year | 40/41 | €76,071 | €64,836 | -€11,235 | -14.8% |
| Trade receivables | 40 | €65,647 | €50,966 | -€14,680 | -22.4% |
| Other amounts receivable | 41 | €10,425 | €13,870 | +€3,445 | +33.0% |
| Cash at bank and in hand | 54/58 | €231,303 | €229,476 | -€1,827 | -0.8% |
| Deferred charges and accrued income | 490/1 | €1,400 | €1,350 | -€50 | -3.5% |
| Total equity and liabilities | 10/49 | €309,098 | €296,430 | -€12,668 | -4.1% |
| Equity | 10/15 | €256,552 | €259,051 | +€2,499 | +1.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €244,152 | €246,651 | +€2,499 | +1.0% |
| Distributable reserves | 133 | €244,152 | €246,651 | +€2,499 | +1.0% |
| Amounts payable | 17/49 | €52,546 | €37,379 | -€15,166 | -28.9% |
| Amounts payable within one year | 42/48 | €52,546 | €37,379 | -€15,166 | -28.9% |
| Trade debts | 44 | €7,309 | €8,398 | +€1,089 | +14.9% |
| Suppliers | 440/4 | €7,309 | €8,398 | +€1,089 | +14.9% |
| Taxes, remuneration and social security | 45 | €5,832 | €6,948 | +€1,116 | +19.1% |
| Taxes | 450/3 | €5,832 | €6,948 | +€1,116 | +19.1% |
| Other amounts payable | 47/48 | €39,405 | €22,034 | -€17,371 | -44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €949 | €312 | -€637 | -67.1% |
| Other operating charges | 640/8 | €599 | €615 | +€16 | +2.7% |
| Non-recurring operating charges | 66A | €1,489 | €0 | -€1,489 | -100.0% |
| Gross operating margin | 9900 | €13,277 | €5,436 | -€7,841 | -59.1% |
| Operating profit (loss) | 9901 | €10,240 | €4,509 | -€5,731 | -56.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €437 | €455 | +€18 | +4.2% |
| Recurring financial charges | 65 | €437 | €455 | +€18 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €9,803 | €4,053 | -€5,749 | -58.7% |
| Income taxes | 67/77 | €2,575 | €1,555 | -€1,020 | -39.6% |
| Profit (loss) for the period | 9904 | €7,228 | €2,499 | -€4,729 | -65.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,228 | €2,499 | -€4,729 | -65.4% |
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 3 October 2026 via checked.be.