ARKTOS: 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.
ARKTOS
Largest movements
- Cash +€143,201
up €143,201 (+1197.1%), from €11,962 to €155,163
mainly Net result for the year (+€337,473) and Provisions (+€60,371)
- Tangible fixed assets -€86,144
down €86,144 (-10.8%), from €799,222 to €713,078
of which Land and buildings: -€110,121
- Reserves +€337,512
up €337,512 (+84.6%), from €398,744 to €736,256
of which Tax-exempt reserves: +€181,112
- Other debts -€219,468
down €219,468 (-80.2%), from €273,681 to €54,212
- Debts after one year -€125,000
down €125,000 (-12.5%), from €1.0m to €875,000
- Provisions +€60,371
new in 2025: €60,371
- Gross operating margin +€402,421
up €402,421 (+538.7%), from €74,706 to €477,127
- Other operating charges +€15,590
up €15,590 (+555.4%), from €2,807 to €18,398
- Financial charges -€8,663
down €8,663 (-23.3%), from €37,258 to €28,595
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 | €1,879,840 | €1,927,556 | +€47,716 | +2.5% |
| Fixed assets | 21/28 | €1,849,222 | €1,763,078 | -€86,144 | -4.7% |
| Tangible fixed assets | 22/27 | €799,222 | €713,078 | -€86,144 | -10.8% |
| Land and buildings | 22 | €795,475 | €685,354 | -€110,121 | -13.8% |
| Plant, machinery and equipment | 23 | €3,268 | €27,640 | +€24,372 | +745.8% |
| Furniture and vehicles | 24 | €479 | €84 | -€395 | -82.4% |
| Financial fixed assets | 28 | €1,050,000 | €1,050,000 | = | 0.0% |
| Current assets | 29/58 | €30,619 | €164,478 | +€133,860 | +437.2% |
| Amounts receivable within one year | 40/41 | €18,657 | €9,315 | -€9,341 | -50.1% |
| Trade receivables | 40 | €18,657 | €9,315 | -€9,341 | -50.1% |
| Cash at bank and in hand | 54/58 | €11,962 | €155,163 | +€143,201 | +1197.1% |
| Total equity and liabilities | 10/49 | €1,879,840 | €1,927,556 | +€47,716 | +2.5% |
| Equity | 10/15 | €471,297 | €808,771 | +€337,473 | +71.6% |
| Contributions | 10/11 | €72,500 | €72,500 | = | 0.0% |
| Capital | 10 | €72,500 | €72,500 | = | 0.0% |
| Issued capital | 100 | €72,500 | €72,500 | = | 0.0% |
| Reserves | 13 | €398,744 | €736,256 | +€337,512 | +84.6% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €181,112 | +€181,112 | |
| Distributable reserves | 133 | €391,244 | €547,644 | +€156,400 | +40.0% |
| Profit (loss) carried forward | 14 | €54 | €15 | -€39 | -72.4% |
| Provisions and deferred taxes | 16 | - | €60,371 | +€60,371 | |
| Deferred taxes | 168 | - | €60,371 | +€60,371 | |
| Amounts payable | 17/49 | €1,408,543 | €1,058,415 | -€350,128 | -24.9% |
| Amounts payable after more than one year | 17 | €1,000,000 | €875,000 | -€125,000 | -12.5% |
| Financial debts | 170/4 | €1,000,000 | €875,000 | -€125,000 | -12.5% |
| Amounts payable within one year | 42/48 | €408,543 | €167,981 | -€240,562 | -58.9% |
| Current portion of amounts payable after more than one year | 42 | €117,348 | €100,000 | -€17,348 | -14.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,355 | €4,659 | -€1,696 | -26.7% |
| Suppliers | 440/4 | €6,355 | €4,659 | -€1,696 | -26.7% |
| Taxes, remuneration and social security | 45 | €11,159 | €9,110 | -€2,049 | -18.4% |
| Taxes | 450/3 | €11,159 | €9,110 | -€2,049 | -18.4% |
| Other amounts payable | 47/48 | €273,681 | €54,212 | -€219,468 | -80.2% |
| Accrued charges and deferred income | 492/3 | - | €15,433 | +€15,433 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,391 | €31,862 | -€2,529 | -7.4% |
| Other operating charges | 640/8 | €2,807 | €18,398 | +€15,590 | +555.4% |
| Gross operating margin | 9900 | €74,706 | €477,127 | +€402,421 | +538.7% |
| Operating profit (loss) | 9901 | €37,508 | €426,867 | +€389,359 | +1038.1% |
| Financial income | 75/76B | €0 | €29 | +€29 | +48400.0% |
| Recurring financial income | 75 | €0 | €29 | +€29 | +48400.0% |
| Financial charges | 65/66B | €37,258 | €28,595 | -€8,663 | -23.3% |
| Recurring financial charges | 65 | €37,258 | €28,595 | -€8,663 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €250 | €398,302 | +€398,052 | +159354.6% |
| Transfer to deferred taxes | 680 | - | €60,371 | +€60,371 | |
| Income taxes | 67/77 | €0 | €457 | +€457 | |
| Profit (loss) for the period | 9904 | €250 | €337,473 | +€337,224 | +135002.9% |
| Transfer to tax-exempt reserves | 689 | - | €181,112 | +€181,112 | |
| Profit (loss) for the period to be appropriated | 9905 | €250 | €156,361 | +€156,111 | +62497.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.