ARKLE: what changed
ARKLE
Largest movements
- Cash +€124,583
up €124,583 (+304%), from €41,016 to €165,599
mainly Net result for the year (+€104,893) and Receivables within one year (+€64,997)
- Receivables within one year -€64,997
down €64,997 (-48.9%), from €132,961 to €67,964
of which Other amounts receivable: -€34,248
- Tangible fixed assets -€37,291
down €37,291 (-14.1%), from €264,710 to €227,419
of which Land and buildings: -€36,800
- Reserves +€104,893
up €104,893 (+34.7%), from €302,091 to €406,984
- Other debts -€85,250
no longer reported in 2025 (was €85,250)
- Tax, wage and social debts +€11,451
up €11,451 (+59.8%), from €19,139 to €30,589
- Short-term financial debts -€6,942
down €6,942 (-39.0%), from €17,784 to €10,842
- Gross operating margin +€39,428
up €39,428 (+25.0%), from €157,795 to €197,223
- Taxes +€12,483
up €12,483 (+38.8%), from €32,195 to €44,678
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €439,878 | €462,418 | +€22,541 | +5.1% |
| Fixed assets | 21/28 | €264,710 | €227,419 | -€37,291 | -14.1% |
| Tangible fixed assets | 22/27 | €264,710 | €227,419 | -€37,291 | -14.1% |
| Land and buildings | 22 | €250,038 | €213,238 | -€36,800 | -14.7% |
| Plant, machinery and equipment | 23 | €2,768 | €3,810 | +€1,042 | +37.7% |
| Furniture and vehicles | 24 | €11,904 | €10,371 | -€1,534 | -12.9% |
| Current assets | 29/58 | €175,168 | €235,000 | +€59,832 | +34.2% |
| Amounts receivable within one year | 40/41 | €132,961 | €67,964 | -€64,997 | -48.9% |
| Trade receivables | 40 | €47,087 | €16,337 | -€30,749 | -65.3% |
| Other amounts receivable | 41 | €85,874 | €51,626 | -€34,248 | -39.9% |
| Cash at bank and in hand | 54/58 | €41,016 | €165,599 | +€124,583 | +304% |
| Deferred charges and accrued income | 490/1 | €1,191 | €1,437 | +€246 | +20.6% |
| Total equity and liabilities | 10/49 | €439,878 | €462,418 | +€22,541 | +5.1% |
| Equity | 10/15 | €310,151 | €415,044 | +€104,893 | +33.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €302,091 | €406,984 | +€104,893 | +34.7% |
| Distributable reserves | 133 | €302,091 | €406,984 | +€104,893 | +34.7% |
| Amounts payable | 17/49 | €129,727 | €47,374 | -€82,352 | -63.5% |
| Amounts payable within one year | 42/48 | €129,727 | €47,374 | -€82,352 | -63.5% |
| Financial debts | 43 | €17,784 | €10,842 | -€6,942 | -39.0% |
| Credit institutions | 430/8 | €17,784 | €10,842 | -€6,942 | -39.0% |
| Trade debts | 44 | €7,554 | €5,943 | -€1,612 | -21.3% |
| Suppliers | 440/4 | €7,554 | €5,943 | -€1,612 | -21.3% |
| Taxes, remuneration and social security | 45 | €19,139 | €30,589 | +€11,451 | +59.8% |
| Taxes | 450/3 | €19,139 | €30,589 | +€11,451 | +59.8% |
| Other amounts payable | 47/48 | €85,250 | - | -€85,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,976 | €40,565 | +€589 | +1.5% |
| Other operating charges | 640/8 | €4,829 | €4,852 | +€23 | +0.5% |
| Gross operating margin | 9900 | €157,795 | €197,223 | +€39,428 | +25.0% |
| Operating profit (loss) | 9901 | €112,990 | €151,806 | +€38,816 | +34.4% |
| Financial income | 75/76B | €249 | €378 | +€129 | +52.0% |
| Recurring financial income | 75 | €249 | €378 | +€129 | +52.0% |
| Financial charges | 65/66B | €2,332 | €2,613 | +€281 | +12.0% |
| Recurring financial charges | 65 | €2,332 | €2,613 | +€281 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €110,906 | €149,571 | +€38,665 | +34.9% |
| Income taxes | 67/77 | €32,195 | €44,678 | +€12,483 | +38.8% |
| Profit (loss) for the period | 9904 | €78,711 | €104,893 | +€26,182 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €78,711 | €104,893 | +€26,182 | +33.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.