ARKIFIDI: 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.
ARKIFIDI
Largest movements
- Tangible fixed assets +€713,895
up €713,895 (+101.2%), from €705,582 to €1.4m
- Stocks and contracts -€586,410
down €586,410 (-100.0%), from €586,410 to €0
- Other debts +€115,545
up €115,545 (+20.2%), from €572,217 to €687,762
- Short-term financial debts +€91,615
up €91,615 (+1301.3%), from €7,040 to €98,655
of which Other loans: +€91,000
- Debts after one year -€58,690
down €58,690 (-6.6%), from €883,750 to €825,060
- Profit (loss) carried forward -€20,408
down €20,408 (-8.2%), from -€250,196 to -€270,604
- Gross operating margin +€76,174
up €76,174, from -€13,083 to €63,090
- Depreciation +€29,159
up €29,159 (+272.1%), from €10,718 to €39,877
- Financial charges +€2,520
up €2,520 (+7.2%), from €34,949 to €37,468
- Other operating charges -€770
down €770 (-11.1%), from €6,923 to €6,153
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 | €1,296,699 | €1,421,355 | +€124,656 | +9.6% |
| Fixed assets | 21/28 | €705,582 | €1,419,476 | +€713,895 | +101.2% |
| Tangible fixed assets | 22/27 | €705,582 | €1,419,476 | +€713,895 | +101.2% |
| Land and buildings | 22 | €705,582 | €1,419,476 | +€713,895 | +101.2% |
| Current assets | 29/58 | €591,117 | €1,879 | -€589,239 | -99.7% |
| Stocks and contracts in progress | 3 | €586,410 | €0 | -€586,410 | -100.0% |
| Stocks | 30/36 | €586,410 | €0 | -€586,410 | -100.0% |
| Amounts receivable within one year | 40/41 | €4,699 | €0 | -€4,699 | -100.0% |
| Trade receivables | 40 | €4,699 | €0 | -€4,699 | -100.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €8 | €1,879 | +€1,871 | +24915.2% |
| Total equity and liabilities | 10/49 | €1,296,699 | €1,421,355 | +€124,656 | +9.6% |
| Equity | 10/15 | -€231,396 | -€251,804 | -€20,408 | -8.8% |
| Contributions | 10/11 | €18,800 | €18,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€250,196 | -€270,604 | -€20,408 | -8.2% |
| Amounts payable | 17/49 | €1,528,095 | €1,673,159 | +€145,064 | +9.5% |
| Amounts payable after more than one year | 17 | €883,750 | €825,060 | -€58,690 | -6.6% |
| Financial debts | 170/4 | €883,750 | €825,060 | -€58,690 | -6.6% |
| Amounts payable within one year | 42/48 | €644,345 | €848,099 | +€203,754 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | €56,673 | €58,690 | +€2,017 | +3.6% |
| Financial debts | 43 | €7,040 | €98,655 | +€91,615 | +1301.3% |
| Credit institutions | 430/8 | €7,040 | €7,655 | +€615 | +8.7% |
| Other loans | 439 | - | €91,000 | +€91,000 | |
| Trade debts | 44 | €8,414 | €2,992 | -€5,423 | -64.4% |
| Suppliers | 440/4 | €8,414 | €2,992 | -€5,423 | -64.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €572,217 | €687,762 | +€115,545 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,718 | €39,877 | +€29,159 | +272.1% |
| Other operating charges | 640/8 | €6,923 | €6,153 | -€770 | -11.1% |
| Gross operating margin | 9900 | -€13,083 | €63,090 | +€76,174 | |
| Operating profit (loss) | 9901 | -€30,724 | €17,060 | +€47,785 | |
| Financial charges | 65/66B | €34,949 | €37,468 | +€2,520 | +7.2% |
| Recurring financial charges | 65 | €34,949 | €37,468 | +€2,520 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€65,673 | -€20,408 | +€45,265 | +68.9% |
| Profit (loss) for the period | 9904 | -€65,673 | -€20,408 | +€45,265 | +68.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,673 | -€20,408 | +€45,265 | +68.9% |
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.