Arkose: what changed
Two financial 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.
Arkose
Largest movements
- Receivables within one year +€103,739
up €103,739 (+15.0%), from €692,311 to €796,050
- Reserves +€272,631
up €272,631 (+20.8%), from €1.3m to €1.6m
- Other debts -€107,145
down €107,145 (-28.0%), from €382,314 to €275,169
- Current portion of long-term debt -€55,043
down €55,043 (-69.9%), from €78,698 to €23,655
- Gross operating margin +€86,970
up €86,970 (+44.3%), from €196,128 to €283,098
- Financial income +€21,932
up €21,932 (+19.6%), from €111,971 to €133,904
of which Financial income: +€21,932
- Taxes +€21,378
up €21,378 (+36.7%), from €58,188 to €79,566
- Staff costs +€17,541
up €17,541 (+52.9%), from €33,163 to €50,704
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 | €5,006,999 | €5,101,098 | +€94,098 | +1.9% |
| Fixed assets | 21/28 | €4,300,386 | €4,293,741 | -€6,646 | -0.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €17,386 | €10,741 | -€6,646 | -38.2% |
| Furniture and vehicles | 24 | €13,996 | €10,741 | -€3,256 | -23.3% |
| Other tangible fixed assets | 26 | €3,390 | €0 | -€3,390 | -100.0% |
| Financial fixed assets | 28 | €4,283,000 | €4,283,000 | = | 0.0% |
| Current assets | 29/58 | €706,613 | €807,357 | +€100,744 | +14.3% |
| Amounts receivable within one year | 40/41 | €692,311 | €796,050 | +€103,739 | +15.0% |
| Other amounts receivable | 41 | €692,311 | €796,050 | +€103,739 | +15.0% |
| Cash at bank and in hand | 54/58 | €10,637 | €1,858 | -€8,779 | -82.5% |
| Deferred charges and accrued income | 490/1 | €3,665 | €9,449 | +€5,784 | +157.8% |
| Total equity and liabilities | 10/49 | €5,006,999 | €5,101,098 | +€94,098 | +1.9% |
| Equity | 10/15 | €4,313,452 | €4,586,083 | +€272,631 | +6.3% |
| Contributions | 10/11 | €3,000,000 | €3,000,000 | = | 0.0% |
| Reserves | 13 | €1,313,452 | €1,586,083 | +€272,631 | +20.8% |
| Distributable reserves | 133 | €1,313,452 | €1,586,083 | +€272,631 | +20.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €693,547 | €515,015 | -€178,532 | -25.7% |
| Amounts payable after more than one year | 17 | €81,321 | €57,666 | -€23,655 | -29.1% |
| Financial debts | 170/4 | €81,321 | €57,666 | -€23,655 | -29.1% |
| Amounts payable within one year | 42/48 | €538,926 | €417,349 | -€121,578 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €78,698 | €23,655 | -€55,043 | -69.9% |
| Trade debts | 44 | €2,664 | €4,345 | +€1,681 | +63.1% |
| Suppliers | 440/4 | €2,664 | €4,345 | +€1,681 | +63.1% |
| Taxes, remuneration and social security | 45 | €75,250 | €114,180 | +€38,930 | +51.7% |
| Taxes | 450/3 | €69,832 | €105,928 | +€36,095 | +51.7% |
| Remuneration and social security | 454/9 | €5,418 | €8,253 | +€2,835 | +52.3% |
| Other amounts payable | 47/48 | €382,314 | €275,169 | -€107,145 | -28.0% |
| Accrued charges and deferred income | 492/3 | €73,300 | €40,000 | -€33,300 | -45.4% |
| Remuneration, social security and pensions | 62 | €33,163 | €50,704 | +€17,541 | +52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,772 | €5,421 | -€350 | -6.1% |
| Other operating charges | 640/8 | €1,094 | €3,799 | +€2,706 | +247.4% |
| Gross operating margin | 9900 | €196,128 | €283,098 | +€86,970 | +44.3% |
| Operating profit (loss) | 9901 | €156,100 | €223,173 | +€67,074 | +43.0% |
| Financial income | 75/76B | €111,971 | €133,904 | +€21,932 | +19.6% |
| Recurring financial income | 75 | €111,971 | €133,904 | +€21,932 | +19.6% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €6,071 | €4,880 | -€1,190 | -19.6% |
| Recurring financial charges | 65 | €6,071 | €4,880 | -€1,190 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €262,000 | €352,197 | +€90,196 | +34.4% |
| Income taxes | 67/77 | €58,188 | €79,566 | +€21,378 | +36.7% |
| Profit (loss) for the period | 9904 | €203,812 | €272,631 | +€68,819 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €203,812 | €272,631 | +€68,819 | +33.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.