ARKHAM CONSULT: 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.
ARKHAM CONSULT
Largest movements
- Receivables within one year -€17,188
down €17,188 (-13.2%), from €130,335 to €113,147
of which Trade receivables: -€17,498
- Cash -€4,112
down €4,112 (-66.9%), from €6,149 to €2,037
mainly Net result for the year (-€10,284) and Accrued charges and deferred income (-€3,700)
- Profit (loss) carried forward -€10,284
down €10,284 (-62.2%), from €16,538 to €6,254
- Accrued charges and deferred income -€3,700
no longer reported in 2025 (was €3,700)
- Trade debts -€2,709
no longer reported in 2025 (was €2,709)
- Other debts -€2,651
down €2,651 (-2.7%), from €98,269 to €95,618
- Tax, wage and social debts -€2,615
down €2,615 (-68.7%), from €3,807 to €1,192
- Gross operating margin -€29,698
down €29,698, from €22,954 to -€6,743
- Taxes -€5,341
no longer reported in 2025 (was €5,341)
- Financial charges +€906
up €906 (+58.3%), from €1,553 to €2,458
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 | €142,683 | €120,724 | -€21,959 | -15.4% |
| Fixed assets | 21/28 | €3,483 | €2,800 | -€683 | -19.6% |
| Tangible fixed assets | 22/27 | €3,479 | €2,796 | -€683 | -19.6% |
| Furniture and vehicles | 24 | €3,479 | €2,796 | -€683 | -19.6% |
| Financial fixed assets | 28 | €4 | €4 | = | 0.0% |
| Current assets | 29/58 | €139,200 | €117,924 | -€21,277 | -15.3% |
| Amounts receivable within one year | 40/41 | €130,335 | €113,147 | -€17,188 | -13.2% |
| Trade receivables | 40 | €30,332 | €12,834 | -€17,498 | -57.7% |
| Other amounts receivable | 41 | €100,003 | €100,313 | +€310 | +0.3% |
| Current investments | 50/53 | €2,574 | €2,574 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,149 | €2,037 | -€4,112 | -66.9% |
| Deferred charges and accrued income | 490/1 | €143 | €166 | +€23 | +16.1% |
| Total equity and liabilities | 10/49 | €142,683 | €120,724 | -€21,959 | -15.4% |
| Equity | 10/15 | €34,198 | €23,914 | -€10,284 | -30.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,460 | €11,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €9,600 | €9,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,538 | €6,254 | -€10,284 | -62.2% |
| Amounts payable | 17/49 | €108,486 | €96,810 | -€11,675 | -10.8% |
| Amounts payable within one year | 42/48 | €104,786 | €96,810 | -€7,975 | -7.6% |
| Trade debts | 44 | €2,709 | - | -€2,709 | |
| Suppliers | 440/4 | €2,709 | - | -€2,709 | |
| Taxes, remuneration and social security | 45 | €3,807 | €1,192 | -€2,615 | -68.7% |
| Taxes | 450/3 | €3,807 | €1,192 | -€2,615 | -68.7% |
| Other amounts payable | 47/48 | €98,269 | €95,618 | -€2,651 | -2.7% |
| Accrued charges and deferred income | 492/3 | €3,700 | - | -€3,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €837 | €683 | -€155 | -18.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €22,954 | -€6,743 | -€29,698 | |
| Operating profit (loss) | 9901 | €21,729 | -€7,826 | -€29,555 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -92.2% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -92.2% |
| Financial charges | 65/66B | €1,553 | €2,458 | +€906 | +58.3% |
| Recurring financial charges | 65 | €1,553 | €2,458 | +€906 | +58.3% |
| Profit (loss) for the period before taxes | 9903 | €20,180 | -€10,284 | -€30,464 | |
| Income taxes | 67/77 | €5,341 | - | -€5,341 | |
| Profit (loss) for the period | 9904 | €14,839 | -€10,284 | -€25,123 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,839 | -€10,284 | -€25,123 |
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 14 October 2026 via checked.be.