ARKOSIS: 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.
ARKOSIS
Largest movements
- Current investments +€81,968
up €81,968 (+69.4%), from €118,032 to €200,000
- Cash -€23,123
down €23,123 (-15.1%), from €153,079 to €129,956
mainly Contributions, distributions and other (-€170,162) and Current investments (-€81,968)
- Receivables within one year -€4,794
down €4,794 (-17.0%), from €28,231 to €23,436
of which Trade receivables: -€4,794
- Other debts +€94,659
up €94,659 (+169%), from €55,996 to €150,655
- Reserves -€76,857
down €76,857 (-36.0%), from €213,685 to €136,829
of which Distributable reserves: -€76,857
- Tax, wage and social debts +€34,117
up €34,117 (+204%), from €16,734 to €50,851
of which Taxes: +€32,091
- Gross operating margin +€40,039
up €40,039 (+48.2%), from €83,065 to €123,104
- Taxes +€10,505
up €10,505 (+51.1%), from €20,569 to €31,074
- Financial income +€8,842
up €8,842 (+357%), from €2,478 to €11,320
- Financial charges +€4,823
up €4,823 (+5,164%), from €93 to €4,917
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.
Derived cash bridge
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 | €308,725 | €360,209 | +€51,484 | +16.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €9,210 | €6,635 | -€2,575 | -28.0% |
| Tangible fixed assets | 22/27 | €9,210 | €6,635 | -€2,575 | -28.0% |
| Furniture and vehicles | 24 | €9,210 | €6,635 | -€2,575 | -28.0% |
| Current assets | 29/58 | €299,515 | €353,575 | +€54,059 | +18.0% |
| Amounts receivable within one year | 40/41 | €28,231 | €23,436 | -€4,794 | -17.0% |
| Trade receivables | 40 | €28,227 | €23,433 | -€4,794 | -17.0% |
| Other amounts receivable | 41 | €4 | €4 | = | 0.0% |
| Current investments | 50/53 | €118,032 | €200,000 | +€81,968 | +69.4% |
| Cash at bank and in hand | 54/58 | €153,079 | €129,956 | -€23,123 | -15.1% |
| Deferred charges and accrued income | 490/1 | €174 | €182 | +€8 | +4.6% |
| Total equity and liabilities | 10/49 | €308,725 | €360,209 | +€51,484 | +16.7% |
| Equity | 10/15 | €233,685 | €156,829 | -€76,857 | -32.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €213,685 | €136,829 | -€76,857 | -36.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €211,685 | €134,829 | -€76,857 | -36.3% |
| Amounts payable | 17/49 | €75,040 | €203,381 | +€128,341 | +171% |
| Amounts payable within one year | 42/48 | €75,040 | €203,381 | +€128,341 | +171% |
| Trade debts | 44 | €2,310 | €1,875 | -€435 | -18.8% |
| Suppliers | 440/4 | €2,310 | €1,875 | -€435 | -18.8% |
| Taxes, remuneration and social security | 45 | €16,734 | €50,851 | +€34,117 | +204% |
| Taxes | 450/3 | €16,510 | €48,601 | +€32,091 | +194% |
| Remuneration and social security | 454/9 | €225 | €2,250 | +€2,025 | +902% |
| Other amounts payable | 47/48 | €55,996 | €150,655 | +€94,659 | +169% |
| Remuneration, social security and pensions | 62 | €688 | €412 | -€276 | -40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,006 | €4,653 | +€647 | +16.2% |
| Other operating charges | 640/8 | €212 | €62 | -€150 | -70.8% |
| Gross operating margin | 9900 | €83,065 | €123,104 | +€40,039 | +48.2% |
| Operating profit (loss) | 9901 | €78,159 | €117,976 | +€39,817 | +50.9% |
| Financial income | 75/76B | €2,478 | €11,320 | +€8,842 | +357% |
| Recurring financial income | 75 | €2,478 | €11,320 | +€8,842 | +357% |
| Financial charges | 65/66B | €93 | €4,917 | +€4,823 | +5,164% |
| Recurring financial charges | 65 | €93 | €4,917 | +€4,823 | +5,164% |
| Profit (loss) for the period before taxes | 9903 | €80,543 | €124,380 | +€43,836 | +54.4% |
| Income taxes | 67/77 | €20,569 | €31,074 | +€10,505 | +51.1% |
| Profit (loss) for the period | 9904 | €59,974 | €93,306 | +€33,332 | +55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,974 | €93,306 | +€33,332 | +55.6% |
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 13 October 2026 via checked.be.