Arkesteyn Patrick: 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.
Arkesteyn Patrick
Largest movements
- Cash +€42,948
up €42,948 (+18.1%), from €237,644 to €280,592
mainly Net result for the year (+€59,186) and Depreciation (+€1,789)
- Current investments +€12,195
up €12,195 (+5.0%), from €243,898 to €256,093
- Reserves +€57,586
up €57,586 (+11.8%), from €488,861 to €546,447
- Financial income +€14,234
up €14,234 (+568.4%), from €2,504 to €16,738
- Gross operating margin -€5,934
down €5,934 (-8.2%), from €72,290 to €66,356
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 | €506,959 | €562,068 | +€55,109 | +10.9% |
| Fixed assets | 21/28 | €5,904 | €6,175 | +€270 | +4.6% |
| Tangible fixed assets | 22/27 | €5,904 | €6,175 | +€270 | +4.6% |
| Plant, machinery and equipment | 23 | €3,284 | €3,751 | +€467 | +14.2% |
| Furniture and vehicles | 24 | €2,620 | €2,424 | -€196 | -7.5% |
| Current assets | 29/58 | €501,054 | €555,893 | +€54,839 | +10.9% |
| Amounts receivable within one year | 40/41 | €18,916 | €18,608 | -€308 | -1.6% |
| Trade receivables | 40 | €18,916 | €15,780 | -€3,136 | -16.6% |
| Other amounts receivable | 41 | - | €2,829 | +€2,829 | |
| Current investments | 50/53 | €243,898 | €256,093 | +€12,195 | +5.0% |
| Cash at bank and in hand | 54/58 | €237,644 | €280,592 | +€42,948 | +18.1% |
| Deferred charges and accrued income | 490/1 | €596 | €600 | +€4 | +0.7% |
| Total equity and liabilities | 10/49 | €506,959 | €562,068 | +€55,109 | +10.9% |
| Equity | 10/15 | €495,061 | €552,647 | +€57,586 | +11.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €488,861 | €546,447 | +€57,586 | +11.8% |
| Distributable reserves | 133 | €488,861 | €546,447 | +€57,586 | +11.8% |
| Amounts payable | 17/49 | €11,897 | €9,421 | -€2,477 | -20.8% |
| Amounts payable within one year | 42/48 | €11,897 | €9,421 | -€2,477 | -20.8% |
| Trade debts | 44 | €1,578 | €986 | -€592 | -37.5% |
| Suppliers | 440/4 | €1,578 | €986 | -€592 | -37.5% |
| Taxes, remuneration and social security | 45 | €9,560 | €7,050 | -€2,510 | -26.3% |
| Taxes | 450/3 | €9,560 | €7,050 | -€2,510 | -26.3% |
| Other amounts payable | 47/48 | €759 | €1,385 | +€625 | +82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,730 | €1,789 | +€60 | +3.5% |
| Other operating charges | 640/8 | €909 | €1,062 | +€152 | +16.8% |
| Gross operating margin | 9900 | €72,290 | €66,356 | -€5,934 | -8.2% |
| Operating profit (loss) | 9901 | €69,651 | €63,505 | -€6,146 | -8.8% |
| Financial income | 75/76B | €2,504 | €16,738 | +€14,234 | +568.4% |
| Recurring financial income | 75 | €2,504 | €16,738 | +€14,234 | +568.4% |
| Financial charges | 65/66B | €956 | €364 | -€592 | -61.9% |
| Recurring financial charges | 65 | €956 | €364 | -€592 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €71,199 | €79,879 | +€8,680 | +12.2% |
| Income taxes | 67/77 | €20,031 | €20,693 | +€662 | +3.3% |
| Profit (loss) for the period | 9904 | €51,168 | €59,186 | +€8,018 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €51,168 | €59,186 | +€8,018 | +15.7% |
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.