ARKWABO: 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.
ARKWABO
Largest movements
- Tangible fixed assets +€16,336
up €16,336 (+26.2%), from €62,384 to €78,721
of which Furniture and vehicles: +€25,595
- Cash -€13,837
down €13,837 (-39.0%), from €35,499 to €21,662
mainly Investment in fixed assets (net) (-€28,300) and Trade debts (-€8,215)
- Receivables within one year +€2,977
up €2,977 (+15.4%), from €19,303 to €22,280
of which Trade receivables: +€5,451
- Stocks and contracts -€2,283
down €2,283 (-4.7%), from €48,585 to €46,302
- Trade debts -€8,215
down €8,215 (-89.3%), from €9,196 to €981
- Current portion of long-term debt +€4,988
up €4,988 (+38.8%), from €12,867 to €17,854
- Reserves +€4,943
up €4,943 (+7.1%), from €69,443 to €74,386
of which Distributable reserves: +€4,943
- Debts after one year +€1,930
up €1,930 (+8.6%), from €22,517 to €24,447
- Accrued charges and deferred income -€1,714
down €1,714 (-83.5%), from €2,054 to €340
- Gross operating margin -€5,494
down €5,494 (-17.7%), from €30,978 to €25,484
- Financial income +€1,796
up €1,796 (+245.9%), from €730 to €2,527
- Taxes -€1,554
down €1,554 (-34.7%), from €4,480 to €2,926
- Depreciation +€1,399
up €1,399 (+13.2%), from €10,565 to €11,964
- Staff costs +€818
up €818 (+21.4%), from €3,822 to €4,640
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 | €165,771 | €168,964 | +€3,193 | +1.9% |
| Fixed assets | 21/28 | €62,384 | €78,721 | +€16,336 | +26.2% |
| Tangible fixed assets | 22/27 | €62,384 | €78,721 | +€16,336 | +26.2% |
| Land and buildings | 22 | €58,645 | €49,931 | -€8,714 | -14.9% |
| Plant, machinery and equipment | 23 | €3,740 | €3,195 | -€545 | -14.6% |
| Furniture and vehicles | 24 | - | €25,595 | +€25,595 | |
| Current assets | 29/58 | €103,387 | €90,243 | -€13,143 | -12.7% |
| Stocks and contracts in progress | 3 | €48,585 | €46,302 | -€2,283 | -4.7% |
| Stocks | 30/36 | €48,585 | €46,302 | -€2,283 | -4.7% |
| Amounts receivable within one year | 40/41 | €19,303 | €22,280 | +€2,977 | +15.4% |
| Trade receivables | 40 | €14,685 | €20,136 | +€5,451 | +37.1% |
| Other amounts receivable | 41 | €4,618 | €2,143 | -€2,475 | -53.6% |
| Cash at bank and in hand | 54/58 | €35,499 | €21,662 | -€13,837 | -39.0% |
| Total equity and liabilities | 10/49 | €165,771 | €168,964 | +€3,193 | +1.9% |
| Equity | 10/15 | €75,643 | €80,586 | +€4,943 | +6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €69,443 | €74,386 | +€4,943 | +7.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €67,583 | €72,526 | +€4,943 | +7.3% |
| Amounts payable | 17/49 | €90,128 | €88,378 | -€1,750 | -1.9% |
| Amounts payable after more than one year | 17 | €22,517 | €24,447 | +€1,930 | +8.6% |
| Financial debts | 170/4 | €22,517 | €24,447 | +€1,930 | +8.6% |
| Amounts payable within one year | 42/48 | €65,557 | €63,592 | -€1,965 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €12,867 | €17,854 | +€4,988 | +38.8% |
| Trade debts | 44 | €9,196 | €981 | -€8,215 | -89.3% |
| Suppliers | 440/4 | €9,196 | €981 | -€8,215 | -89.3% |
| Taxes, remuneration and social security | 45 | €4,480 | €5,423 | +€942 | +21.0% |
| Taxes | 450/3 | €4,480 | €2,926 | -€1,554 | -34.7% |
| Remuneration and social security | 454/9 | - | €2,497 | +€2,497 | |
| Other amounts payable | 47/48 | €39,013 | €39,333 | +€320 | +0.8% |
| Accrued charges and deferred income | 492/3 | €2,054 | €340 | -€1,714 | -83.5% |
| Remuneration, social security and pensions | 62 | €3,822 | €4,640 | +€818 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,565 | €11,964 | +€1,399 | +13.2% |
| Other operating charges | 640/8 | €1,838 | €1,913 | +€74 | +4.0% |
| Gross operating margin | 9900 | €30,978 | €25,484 | -€5,494 | -17.7% |
| Operating profit (loss) | 9901 | €14,752 | €6,968 | -€7,784 | -52.8% |
| Financial income | 75/76B | €730 | €2,527 | +€1,796 | +245.9% |
| Recurring financial income | 75 | €730 | €2,527 | +€1,796 | +245.9% |
| Financial charges | 65/66B | €1,837 | €1,625 | -€212 | -11.5% |
| Recurring financial charges | 65 | €1,837 | €1,625 | -€212 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €13,645 | €7,869 | -€5,776 | -42.3% |
| Income taxes | 67/77 | €4,480 | €2,926 | -€1,554 | -34.7% |
| Profit (loss) for the period | 9904 | €9,165 | €4,943 | -€4,222 | -46.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,165 | €4,943 | -€4,222 | -46.1% |
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 5 October 2026 via checked.be.