ARSCOTIM: 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.
ARSCOTIM
Largest movements
- Receivables within one year -€1.1m
down €1.1m (-79.1%), from €1.3m to €278,331
of which Trade receivables: -€1.2m
- Cash -€256,789
down €256,789 (-62.9%), from €408,492 to €151,703
mainly Trade debts (-€1.2m) and Tax, wage and social debts (-€132,053)
- Trade debts -€1.2m
down €1.2m (-100.0%), from €1.2m to €116
- Tax, wage and social debts -€132,053
no longer reported in 2025 (was €132,053)
- Purchases and services -€4.0m
no longer reported in 2025 (was €4.0m)
- Turnover -€3.8m
no longer reported in 2025 (was €3.8m)
- Gross operating margin -€2.0m
down €2.0m, from €2.0m to -€716
- Staff costs -€676,188
down €676,188 (-100.0%), from €676,336 to €148
- Taxes -€128,938
down €128,938 (-97.9%), from €131,714 to €2,776
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 | €1,743,398 | €430,034 | -€1.3m | -75.3% |
| Current assets | 29/58 | €1,743,398 | €430,034 | -€1.3m | -75.3% |
| Amounts receivable within one year | 40/41 | €1,334,906 | €278,331 | -€1.1m | -79.1% |
| Trade receivables | 40 | €1,228,017 | - | -€1.2m | |
| Other amounts receivable | 41 | €106,889 | €278,331 | +€171,443 | +160.4% |
| Cash at bank and in hand | 54/58 | €408,492 | €151,703 | -€256,789 | -62.9% |
| Total equity and liabilities | 10/49 | €1,743,398 | €430,034 | -€1.3m | -75.3% |
| Equity | 10/15 | €440,024 | €429,919 | -€10,105 | -2.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €330,024 | €319,919 | -€10,105 | -3.1% |
| Amounts payable | 17/49 | €1,303,374 | €116 | -€1.3m | -100.0% |
| Amounts payable within one year | 42/48 | €1,303,374 | €116 | -€1.3m | -100.0% |
| Trade debts | 44 | €1,171,321 | €116 | -€1.2m | -100.0% |
| Suppliers | 440/4 | €1,171,321 | €116 | -€1.2m | -100.0% |
| Taxes, remuneration and social security | 45 | €132,053 | - | -€132,053 | |
| Taxes | 450/3 | €132,053 | - | -€132,053 | |
| Turnover | 70 | €3,808,596 | - | -€3.8m | |
| Non-recurring operating income | 76A | €2,203,006 | - | -€2.2m | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,968,554 | - | -€4.0m | |
| Remuneration, social security and pensions | 62 | €676,336 | €148 | -€676,188 | -100.0% |
| Other operating charges | 640/8 | €11,335 | €5,827 | -€5,508 | -48.6% |
| Non-recurring operating charges | 66A | €914,891 | - | -€914,891 | |
| Gross operating margin | 9900 | €2,043,048 | -€716 | -€2.0m | |
| Operating profit (loss) | 9901 | €440,486 | -€6,691 | -€447,177 | |
| Financial income | 75/76B | €45,348 | €1,095 | -€44,252 | -97.6% |
| Recurring financial income | 75 | €45,348 | €1,095 | -€44,252 | -97.6% |
| Financial charges | 65/66B | €14,096 | €1,734 | -€12,362 | -87.7% |
| Recurring financial charges | 65 | €14,096 | €1,734 | -€12,362 | -87.7% |
| Profit (loss) for the period before taxes | 9903 | €471,738 | -€7,329 | -€479,067 | |
| Income taxes | 67/77 | €131,714 | €2,776 | -€128,938 | -97.9% |
| Profit (loss) for the period | 9904 | €340,024 | -€10,105 | -€350,129 | |
| Profit (loss) for the period to be appropriated | 9905 | €340,024 | -€10,105 | -€350,129 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.