ARQON: 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.
ARQON
Largest movements
- Stocks and contracts +€369,777
up €369,777 (+51.0%), from €725,007 to €1.1m
- Tangible fixed assets +€127,253
up €127,253 (+8.7%), from €1.5m to €1.6m
- Debts after one year +€330,568
up €330,568 (+31.3%), from €1.1m to €1.4m
- Short-term financial debts +€290,000
up €290,000 (+64.4%), from €450,000 to €740,000
- Profit (loss) carried forward -€81,667
down €81,667 (-80.5%), from -€101,497 to -€183,164
- Other debts -€73,941
down €73,941 (-11.7%), from €632,644 to €558,703
- Gross operating margin +€64,511
up €64,511, from -€2,785 to €61,726
- Financial charges +€52,337
up €52,337 (+135.2%), from €38,716 to €91,053
- Depreciation -€12,791
down €12,791 (-22.0%), from €58,107 to €45,316
- Other operating charges +€5,136
up €5,136 (+271.8%), from €1,889 to €7,025
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 | €2,202,587 | €2,700,934 | +€498,347 | +22.6% |
| Fixed assets | 21/28 | €1,458,618 | €1,585,871 | +€127,253 | +8.7% |
| Tangible fixed assets | 22/27 | €1,458,618 | €1,585,871 | +€127,253 | +8.7% |
| Land and buildings | 22 | €1,458,618 | €1,585,871 | +€127,253 | +8.7% |
| Current assets | 29/58 | €743,969 | €1,115,063 | +€371,093 | +49.9% |
| Stocks and contracts in progress | 3 | €725,007 | €1,094,784 | +€369,777 | +51.0% |
| Stocks | 30/36 | €725,007 | €1,094,784 | +€369,777 | +51.0% |
| Amounts receivable within one year | 40/41 | €18,000 | - | -€18,000 | |
| Trade receivables | 40 | €18,000 | - | -€18,000 | |
| Cash at bank and in hand | 54/58 | €255 | €19,838 | +€19,583 | +7669.6% |
| Deferred charges and accrued income | 490/1 | €707 | €441 | -€266 | -37.6% |
| Total equity and liabilities | 10/49 | €2,202,587 | €2,700,934 | +€498,347 | +22.6% |
| Equity | 10/15 | -€96,497 | -€178,164 | -€81,667 | -84.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,497 | -€183,164 | -€81,667 | -80.5% |
| Amounts payable | 17/49 | €2,299,084 | €2,879,098 | +€580,014 | +25.2% |
| Amounts payable after more than one year | 17 | €1,057,066 | €1,387,634 | +€330,568 | +31.3% |
| Financial debts | 170/4 | €1,057,066 | €1,387,634 | +€330,568 | +31.3% |
| Amounts payable within one year | 42/48 | €1,242,019 | €1,491,465 | +€249,446 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €22,934 | €35,670 | +€12,736 | +55.5% |
| Financial debts | 43 | €450,000 | €740,000 | +€290,000 | +64.4% |
| Credit institutions | 430/8 | €450,000 | €740,000 | +€290,000 | +64.4% |
| Trade debts | 44 | €136,440 | €157,092 | +€20,651 | +15.1% |
| Suppliers | 440/4 | €136,440 | €157,092 | +€20,651 | +15.1% |
| Other amounts payable | 47/48 | €632,644 | €558,703 | -€73,941 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,107 | €45,316 | -€12,791 | -22.0% |
| Other operating charges | 640/8 | €1,889 | €7,025 | +€5,136 | +271.8% |
| Gross operating margin | 9900 | -€2,785 | €61,726 | +€64,511 | |
| Operating profit (loss) | 9901 | -€62,781 | €9,386 | +€72,167 | |
| Financial charges | 65/66B | €38,716 | €91,053 | +€52,337 | +135.2% |
| Recurring financial charges | 65 | €38,716 | €91,053 | +€52,337 | +135.2% |
| Profit (loss) for the period before taxes | 9903 | -€101,497 | -€81,667 | +€19,830 | +19.5% |
| Profit (loss) for the period | 9904 | -€101,497 | -€81,667 | +€19,830 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€101,497 | -€81,667 | +€19,830 | +19.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.