ARVICOR: 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.
ARVICOR
Largest movements
- Stocks and contracts -€763,475
no longer reported in 2025 (was €763,475)
- Receivables within one year -€69,269
down €69,269 (-100.0%), from €69,274 to €4
of which Trade receivables: -€51,275
- Profit (loss) carried forward -€515,162
down €515,162 (-561%), from -€91,907 to -€607,069
- Debts after one year -€318,651
down €318,651 (-35.2%), from €905,070 to €586,420
- Gross operating margin -€473,972
down €473,972 (-1,344%), from -€35,259 to -€509,231
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 | €833,678 | €1,035 | -€832,642 | -99.9% |
| Current assets | 29/58 | €833,678 | €1,035 | -€832,642 | -99.9% |
| Stocks and contracts in progress | 3 | €763,475 | - | -€763,475 | |
| Stocks | 30/36 | €763,475 | - | -€763,475 | |
| Amounts receivable within one year | 40/41 | €69,274 | €4 | -€69,269 | -100.0% |
| Trade receivables | 40 | €51,275 | - | -€51,275 | |
| Other amounts receivable | 41 | €17,998 | €4 | -€17,994 | -100.0% |
| Cash at bank and in hand | 54/58 | €929 | €93 | -€836 | -90.0% |
| Deferred charges and accrued income | 490/1 | - | €938 | +€938 | |
| Total equity and liabilities | 10/49 | €833,678 | €1,035 | -€832,642 | -99.9% |
| Equity | 10/15 | -€73,307 | -€588,469 | -€515,162 | -703% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,907 | -€607,069 | -€515,162 | -561% |
| Amounts payable | 17/49 | €906,985 | €589,504 | -€317,481 | -35.0% |
| Amounts payable after more than one year | 17 | €905,070 | €586,420 | -€318,651 | -35.2% |
| Other amounts payable | 178/9 | €905,070 | €586,420 | -€318,651 | -35.2% |
| Amounts payable within one year | 42/48 | €1,915 | €3,085 | +€1,170 | +61.1% |
| Trade debts | 44 | €1,915 | €521 | -€1,394 | -72.8% |
| Suppliers | 440/4 | €1,915 | €521 | -€1,394 | -72.8% |
| Other amounts payable | 47/48 | - | €2,564 | +€2,564 | |
| Other operating charges | 640/8 | €974 | €1,682 | +€707 | +72.6% |
| Gross operating margin | 9900 | -€35,259 | -€509,231 | -€473,972 | -1,344% |
| Operating profit (loss) | 9901 | -€36,234 | -€510,913 | -€474,679 | -1,310% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,391 | €4,249 | +€2,858 | +206% |
| Recurring financial charges | 65 | €1,391 | €4,249 | +€2,858 | +206% |
| Profit (loss) for the period before taxes | 9903 | -€37,623 | -€515,162 | -€477,538 | -1,269% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€37,624 | -€515,162 | -€477,538 | -1,269% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,624 | -€515,162 | -€477,538 | -1,269% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.