ARKITE: 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.
ARKITE
Largest movements
- Cash -€170,139
down €170,139 (-59.7%), from €285,171 to €115,032
mainly Net result for the year (-€846,597) and Investment in fixed assets (net) (-€583,457)
- Receivables within one year -€166,748
down €166,748 (-30.3%), from €549,880 to €383,132
of which Other amounts receivable: -€134,752
- Receivables after one year +€148,408
new in 2025: €148,408
- Intangible fixed assets +€79,935
up €79,935 (+10.6%), from €754,754 to €834,688
- Profit (loss) carried forward -€846,597
down €846,597 (-17.2%), from -€4.9m to -€5.8m
- Contributions +€313,595
up €313,595 (+5.6%), from €5.6m to €5.9m
- Debts after one year +€305,825
new in 2025: €305,825
- Current portion of long-term debt +€83,542
new in 2025: €83,542
- Accrued charges and deferred income +€33,078
up €33,078 (+5.1%), from €649,672 to €682,750
- Gross operating margin +€236,901
up €236,901 (+38.4%), from €617,692 to €854,594
- Staff costs +€135,745
up €135,745 (+12.9%), from €1.1m to €1.2m
- Financial charges +€14,157
up €14,157 (+133.4%), from €10,613 to €24,770
- Financial income -€11,043
down €11,043 (-100.0%), from €11,043 to €0
- Taxes -€9,434
down €9,434 (-51.3%), from -€18,379 to -€27,812
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 | €1,783,538 | €1,661,585 | -€121,953 | -6.8% |
| Fixed assets | 21/28 | €787,900 | €860,355 | +€72,454 | +9.2% |
| Intangible fixed assets | 21 | €754,754 | €834,688 | +€79,935 | +10.6% |
| Tangible fixed assets | 22/27 | €32,497 | €25,016 | -€7,480 | -23.0% |
| Plant, machinery and equipment | 23 | €7,912 | €4,556 | -€3,356 | -42.4% |
| Furniture and vehicles | 24 | €24,585 | €20,461 | -€4,124 | -16.8% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €995,638 | €801,231 | -€194,407 | -19.5% |
| Amounts receivable after more than one year | 29 | - | €148,408 | +€148,408 | |
| Other amounts receivable | 291 | - | €148,408 | +€148,408 | |
| Stocks and contracts in progress | 3 | €141,166 | €136,794 | -€4,372 | -3.1% |
| Stocks | 30/36 | €141,166 | €136,794 | -€4,372 | -3.1% |
| Amounts receivable within one year | 40/41 | €549,880 | €383,132 | -€166,748 | -30.3% |
| Trade receivables | 40 | €381,548 | €349,552 | -€31,996 | -8.4% |
| Other amounts receivable | 41 | €168,331 | €33,579 | -€134,752 | -80.1% |
| Cash at bank and in hand | 54/58 | €285,171 | €115,032 | -€170,139 | -59.7% |
| Deferred charges and accrued income | 490/1 | €19,421 | €17,865 | -€1,556 | -8.0% |
| Total equity and liabilities | 10/49 | €1,783,538 | €1,661,585 | -€121,953 | -6.8% |
| Equity | 10/15 | €704,845 | €171,844 | -€533,001 | -75.6% |
| Contributions | 10/11 | €5,593,701 | €5,907,296 | +€313,595 | +5.6% |
| Capital | 10 | €5,593,701 | €5,907,296 | +€313,595 | +5.6% |
| Issued capital | 100 | €5,907,296 | €5,907,296 | = | 0.0% |
| Uncalled capital | 101 | €313,595 | €0 | -€313,595 | -100.0% |
| Reserves | 13 | €33,480 | €33,480 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,000 | €11,000 | = | 0.0% |
| Legal reserve | 130 | €11,000 | €11,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,480 | €22,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,922,336 | -€5,768,932 | -€846,597 | -17.2% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €1,078,693 | €1,489,742 | +€411,049 | +38.1% |
| Amounts payable after more than one year | 17 | - | €305,825 | +€305,825 | |
| Financial debts | 170/4 | - | €305,825 | +€305,825 | |
| Amounts payable within one year | 42/48 | €429,020 | €501,166 | +€72,146 | +16.8% |
| Current portion of amounts payable after more than one year | 42 | - | €83,542 | +€83,542 | |
| Trade debts | 44 | €265,208 | €254,981 | -€10,227 | -3.9% |
| Suppliers | 440/4 | €265,208 | €254,981 | -€10,227 | -3.9% |
| Taxes, remuneration and social security | 45 | €163,813 | €162,644 | -€1,169 | -0.7% |
| Taxes | 450/3 | €26,988 | €31,530 | +€4,542 | +16.8% |
| Remuneration and social security | 454/9 | €136,825 | €131,114 | -€5,711 | -4.2% |
| Accrued charges and deferred income | 492/3 | €649,672 | €682,750 | +€33,078 | +5.1% |
| Remuneration, social security and pensions | 62 | €1,056,267 | €1,192,012 | +€135,745 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €519,850 | €511,002 | -€8,848 | -1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,597 | -€2,607 | -€6,204 | |
| Other operating charges | 640/8 | €5,233 | €3,826 | -€1,407 | -26.9% |
| Gross operating margin | 9900 | €617,692 | €854,594 | +€236,901 | +38.4% |
| Operating profit (loss) | 9901 | -€967,255 | -€849,639 | +€117,616 | +12.2% |
| Financial income | 75/76B | €11,043 | €0 | -€11,043 | -100.0% |
| Recurring financial income | 75 | €11,043 | €0 | -€11,043 | -100.0% |
| Financial charges | 65/66B | €10,613 | €24,770 | +€14,157 | +133.4% |
| Recurring financial charges | 65 | €10,613 | €24,770 | +€14,157 | +133.4% |
| Profit (loss) for the period before taxes | 9903 | -€966,824 | -€874,409 | +€92,415 | +9.6% |
| Income taxes | 67/77 | -€18,379 | -€27,812 | -€9,434 | -51.3% |
| Profit (loss) for the period | 9904 | -€948,446 | -€846,597 | +€101,849 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€948,446 | -€846,597 | +€101,849 | +10.7% |
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 1 October 2026 via checked.be.