ARKIOU: 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.
ARKIOU
Largest movements
- Receivables within one year -€27,789
down €27,789 (-76.8%), from €36,183 to €8,394
of which Trade receivables: -€34,050
- Cash +€16,849
up €16,849 (+61.2%), from €27,516 to €44,365
mainly Other debts (+€360,027) and Receivables within one year (+€27,789)
- Other debts +€360,027
up €360,027 (+1364.7%), from €26,381 to €386,409
- Reserves -€291,695
no longer reported in 2025 (was €291,695)
- Profit (loss) carried forward -€66,450
down €66,450 (-87.1%), from €76,331 to €9,881
- Trade debts -€9,853
down €9,853 (-99.7%), from €9,881 to €29
- Tax, wage and social debts -€4,657
down €4,657 (-55.3%), from €8,423 to €3,766
- Gross operating margin -€30,870
down €30,870, from €30,147 to -€722
- Taxes -€8,474
down €8,474 (-75.3%), from €11,251 to €2,777
- Depreciation -€977
down €977 (-42.4%), from €2,306 to €1,329
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 | €432,712 | €420,087 | -€12,625 | -2.9% |
| Fixed assets | 21/28 | €4,364 | €2,678 | -€1,685 | -38.6% |
| Tangible fixed assets | 22/27 | €4,364 | €2,678 | -€1,685 | -38.6% |
| Furniture and vehicles | 24 | €4,364 | €2,678 | -€1,685 | -38.6% |
| Current assets | 29/58 | €428,348 | €417,409 | -€10,939 | -2.6% |
| Amounts receivable after more than one year | 29 | €350,000 | €350,000 | = | 0.0% |
| Other amounts receivable | 291 | €350,000 | €350,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €36,183 | €8,394 | -€27,789 | -76.8% |
| Trade receivables | 40 | €36,183 | €2,133 | -€34,050 | -94.1% |
| Other amounts receivable | 41 | - | €6,261 | +€6,261 | |
| Cash at bank and in hand | 54/58 | €27,516 | €44,365 | +€16,849 | +61.2% |
| Deferred charges and accrued income | 490/1 | €14,649 | €14,650 | +€1 | 0.0% |
| Total equity and liabilities | 10/49 | €432,712 | €420,087 | -€12,625 | -2.9% |
| Equity | 10/15 | €388,026 | €29,881 | -€358,145 | -92.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €291,695 | - | -€291,695 | |
| Distributable reserves | 133 | €291,695 | - | -€291,695 | |
| Profit (loss) carried forward | 14 | €76,331 | €9,881 | -€66,450 | -87.1% |
| Amounts payable | 17/49 | €44,686 | €390,206 | +€345,520 | +773.2% |
| Amounts payable within one year | 42/48 | €44,686 | €390,206 | +€345,520 | +773.2% |
| Financial debts | 43 | - | €2 | +€2 | |
| Credit institutions | 430/8 | - | €2 | +€2 | |
| Trade debts | 44 | €9,881 | €29 | -€9,853 | -99.7% |
| Suppliers | 440/4 | €9,881 | €29 | -€9,853 | -99.7% |
| Taxes, remuneration and social security | 45 | €8,423 | €3,766 | -€4,657 | -55.3% |
| Taxes | 450/3 | €8,423 | €3,766 | -€4,657 | -55.3% |
| Other amounts payable | 47/48 | €26,381 | €386,409 | +€360,027 | +1364.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,306 | €1,329 | -€977 | -42.4% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Non-recurring operating charges | 66A | - | €356 | +€356 | |
| Gross operating margin | 9900 | €30,147 | -€722 | -€30,870 | |
| Operating profit (loss) | 9901 | €27,456 | -€2,795 | -€30,251 | |
| Financial income | 75/76B | €14,343 | €14,373 | +€30 | +0.2% |
| Recurring financial income | 75 | €14,343 | €14,373 | +€30 | +0.2% |
| Financial charges | 65/66B | €119 | €250 | +€132 | +111.0% |
| Recurring financial charges | 65 | €119 | €250 | +€132 | +111.0% |
| Profit (loss) for the period before taxes | 9903 | €41,681 | €11,327 | -€30,353 | -72.8% |
| Income taxes | 67/77 | €11,251 | €2,777 | -€8,474 | -75.3% |
| Profit (loss) for the period | 9904 | €30,430 | €8,550 | -€21,880 | -71.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,430 | €8,550 | -€21,880 | -71.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.