Arkin: 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.
What changed
Arkin
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €1.1m+€12,480
Equity
€12.8m
2024 · €6.6m+€6.2m
Cash
€1.2m
2024 · €502,046+€665,742
Balance sheet total
€14.4m
2024 · €7.8m+€6.6m
Largest movements
Assets
- Tangible fixed assets +€5.0m
up €5.0m (+187.7%), from €2.7m to €7.7m
of which Land and buildings: +€5.1m
- Current investments -€1.5m
down €1.5m (-77.3%), from €2.0m to €453,160
- Receivables after one year +€1.1m
up €1.1m (+161.8%), from €662,855 to €1.7m
- Stocks and contracts +€713,273
up €713,273 (+60.9%), from €1.2m to €1.9m
- Receivables within one year +€687,019
up €687,019 (+2587.5%), from €26,551 to €713,570
of which Trade receivables: +€699,120
Equity and liabilities
- Revaluation surpluses +€5.7m
new in 2025: €5.7m
- Reserves +€489,436
up €489,436 (+7.5%), from €6.5m to €7.0m
of which Distributable reserves: +€503,430
- Debts after one year +€445,000
up €445,000 (+104.7%), from €425,000 to €870,000
Income statement
- Financial income +€39,524
up €39,524 (+586.4%), from €6,740 to €46,265
- Taxes +€21,198
up €21,198 (+5.4%), from €390,309 to €411,508
- Gross operating margin +€17,877
up €17,877 (+1.1%), from €1.7m to €1.7m
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.
Result 2024
€1.1m
Gross operating margin
+€17,877
Staff costs
-€11,603
Depreciation
+€6,563
Other operating charges
-€1,902
Financial income
+€39,524
Financial charges
-€15,014
Taxes
-€21,198
Deferred taxes and other
-€1,767
Result 2025
€1.1m
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.
From operations
-€1.3m
Investment
-€3.6m
Financing
+€5.5m
Cash 2024
€502,046
From operations (derived)
-€1.3m
Net result for the year
+€1.1m
Depreciation
+€68,729
Receivables after one year
-€1.1m
Stocks and contracts
-€713,273
Receivables within one year
-€687,019
Deferred charges and accrued income
+€22,750
Smaller working-capital items
-€28,515
Accrued charges and deferred income
+€14,747
Investment (derived)
-€3.6m
Investment in fixed assets (net)
-€5.1m
Current investments
+€1.5m
Financing
+€5.5m
Debts after one year
+€445,000
Short-term financial debts
+€3
Contributions, distributions and other
+€5.1m
Cash 2025
€1.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,799,385 | €14,433,081 | +€6.6m | +85.1% |
| Fixed assets | 21/28 | €3,415,154 | €8,472,475 | +€5.1m | +148.1% |
| Tangible fixed assets | 22/27 | €2,685,665 | €7,727,735 | +€5.0m | +187.7% |
| Land and buildings | 22 | €2,571,759 | €7,625,721 | +€5.1m | +196.5% |
| Furniture and vehicles | 24 | €113,906 | €102,015 | -€11,891 | -10.4% |
| Financial fixed assets | 28 | €729,489 | €744,739 | +€15,250 | +2.1% |
| Current assets | 29/58 | €4,384,231 | €5,960,606 | +€1.6m | +36.0% |
| Amounts receivable after more than one year | 29 | €662,855 | €1,735,055 | +€1.1m | +161.8% |
| Other amounts receivable | 291 | €662,855 | €1,735,055 | +€1.1m | +161.8% |
| Stocks and contracts in progress | 3 | €1,170,524 | €1,883,797 | +€713,273 | +60.9% |
| Stocks | 30/36 | €1,170,524 | €1,883,797 | +€713,273 | +60.9% |
| Amounts receivable within one year | 40/41 | €26,551 | €713,570 | +€687,019 | +2587.5% |
| Trade receivables | 40 | €13,953 | €713,073 | +€699,120 | +5010.5% |
| Other amounts receivable | 41 | €12,598 | €497 | -€12,101 | -96.1% |
| Current investments | 50/53 | €1,992,268 | €453,160 | -€1.5m | -77.3% |
| Cash at bank and in hand | 54/58 | €502,046 | €1,167,788 | +€665,742 | +132.6% |
| Deferred charges and accrued income | 490/1 | €29,986 | €7,236 | -€22,750 | -75.9% |
| Total equity and liabilities | 10/49 | €7,799,385 | €14,433,081 | +€6.6m | +85.1% |
| Equity | 10/15 | €6,568,406 | €12,770,867 | +€6.2m | +94.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €5,713,025 | +€5.7m | |
| Reserves | 13 | €6,506,406 | €6,995,842 | +€489,436 | +7.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €167,610 | €153,615 | -€13,994 | -8.3% |
| Distributable reserves | 133 | €6,332,596 | €6,836,026 | +€503,430 | +7.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €67,796 | €60,035 | -€7,761 | -11.4% |
| Deferred taxes | 168 | €67,796 | €60,035 | -€7,761 | -11.4% |
| Amounts payable | 17/49 | €1,163,183 | €1,602,179 | +€438,997 | +37.7% |
| Amounts payable after more than one year | 17 | €425,000 | €870,000 | +€445,000 | +104.7% |
| Financial debts | 170/4 | €425,000 | €870,000 | +€445,000 | +104.7% |
| Amounts payable within one year | 42/48 | €709,028 | €688,277 | -€20,751 | -2.9% |
| Financial debts | 43 | €38 | €41 | +€3 | +7.9% |
| Other loans | 439 | €38 | €41 | +€3 | +7.9% |
| Trade debts | 44 | €31,734 | €22,214 | -€9,520 | -30.0% |
| Suppliers | 440/4 | €31,734 | €22,214 | -€9,520 | -30.0% |
| Taxes, remuneration and social security | 45 | €15,073 | €9,997 | -€5,076 | -33.7% |
| Taxes | 450/3 | €14,660 | €8,462 | -€6,198 | -42.3% |
| Remuneration and social security | 454/9 | €413 | €1,535 | +€1,122 | +271.6% |
| Other amounts payable | 47/48 | €662,183 | €656,025 | -€6,158 | -0.9% |
| Accrued charges and deferred income | 492/3 | €29,155 | €43,902 | +€14,747 | +50.6% |
| Non-recurring operating income | 76A | €1,109,500 | €1,197,476 | +€87,976 | +7.9% |
| Remuneration, social security and pensions | 62 | €5,279 | €16,882 | +€11,603 | +219.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,293 | €68,729 | -€6,563 | -8.7% |
| Other operating charges | 640/8 | €42,656 | €44,558 | +€1,902 | +4.5% |
| Gross operating margin | 9900 | €1,656,031 | €1,673,908 | +€17,877 | +1.1% |
| Operating profit (loss) | 9901 | €1,532,804 | €1,543,739 | +€10,935 | +0.7% |
| Financial income | 75/76B | €6,740 | €46,265 | +€39,524 | +586.4% |
| Recurring financial income | 75 | €6,740 | €46,265 | +€39,524 | +586.4% |
| Financial charges | 65/66B | €31,807 | €46,822 | +€15,014 | +47.2% |
| Recurring financial charges | 65 | €31,807 | €46,822 | +€15,014 | +47.2% |
| Profit (loss) for the period before taxes | 9903 | €1,507,737 | €1,543,182 | +€35,445 | +2.4% |
| Transfer from deferred taxes | 780 | €9,162 | €7,395 | -€1,767 | -19.3% |
| Income taxes | 67/77 | €390,309 | €411,508 | +€21,198 | +5.4% |
| Profit (loss) for the period | 9904 | €1,126,589 | €1,139,069 | +€12,480 | +1.1% |
| Transfer from tax-exempt reserves | 789 | €17,793 | €14,361 | -€3,432 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,144,382 | €1,153,430 | +€9,048 | +0.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.