AU COMBLE D'ARTHUR: 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.
AU COMBLE D'ARTHUR
Largest movements
- Cash -€14,194
down €14,194 (-42.8%), from €33,151 to €18,957
mainly Tax, wage and social debts (-€11,417) and Debts after one year (-€10,114)
- Tangible fixed assets -€7,267
down €7,267 (-71.0%), from €10,240 to €2,973
- Intangible fixed assets -€7,000
down €7,000 (-14.1%), from €49,499 to €42,499
- Receivables within one year +€6,965
up €6,965 (+81.8%), from €8,517 to €15,482
of which Trade receivables: +€11,686
- Stocks and contracts +€1,898
up €1,898 (+12.5%), from €15,228 to €17,125
- Tax, wage and social debts -€11,417
down €11,417 (-26.5%), from €43,104 to €31,687
of which Taxes: -€6,356
- Debts after one year -€10,114
down €10,114 (-28.5%), from €35,450 to €25,336
- Other debts -€5,677
down €5,677 (-4.4%), from €127,824 to €122,147
- Trade debts +€4,432
up €4,432 (+53.5%), from €8,279 to €12,711
- Profit (loss) carried forward +€1,232
up €1,232 (+1.1%), from -€110,568 to -€109,336
- Gross operating margin +€32,405
up €32,405 (+99.0%), from €32,738 to €65,143
- Taxes -€4,995
down €4,995 (-90.9%), from €5,492 to €497
- Depreciation +€3,150
up €3,150 (+28.3%), from €11,117 to €14,267
- Financial charges -€1,102
down €1,102 (-27.6%), from €3,997 to €2,894
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 | €118,998 | €97,664 | -€21,334 | -17.9% |
| Fixed assets | 21/28 | €59,738 | €45,472 | -€14,267 | -23.9% |
| Intangible fixed assets | 21 | €49,499 | €42,499 | -€7,000 | -14.1% |
| Tangible fixed assets | 22/27 | €10,240 | €2,973 | -€7,267 | -71.0% |
| Furniture and vehicles | 24 | €10,240 | €2,973 | -€7,267 | -71.0% |
| Current assets | 29/58 | €59,260 | €52,193 | -€7,067 | -11.9% |
| Stocks and contracts in progress | 3 | €15,228 | €17,125 | +€1,898 | +12.5% |
| Stocks | 30/36 | €15,228 | €17,125 | +€1,898 | +12.5% |
| Amounts receivable within one year | 40/41 | €8,517 | €15,482 | +€6,965 | +81.8% |
| Trade receivables | 40 | €3,795 | €15,482 | +€11,686 | +308% |
| Other amounts receivable | 41 | €4,721 | - | -€4,721 | |
| Cash at bank and in hand | 54/58 | €33,151 | €18,957 | -€14,194 | -42.8% |
| Deferred charges and accrued income | 490/1 | €2,365 | €629 | -€1,736 | -73.4% |
| Total equity and liabilities | 10/49 | €118,998 | €97,664 | -€21,334 | -17.9% |
| Equity | 10/15 | -€105,568 | -€104,336 | +€1,232 | +1.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,568 | -€109,336 | +€1,232 | +1.1% |
| Amounts payable | 17/49 | €224,566 | €202,001 | -€22,566 | -10.0% |
| Amounts payable after more than one year | 17 | €35,450 | €25,336 | -€10,114 | -28.5% |
| Financial debts | 170/4 | €35,450 | €25,336 | -€10,114 | -28.5% |
| Amounts payable within one year | 42/48 | €189,112 | €176,659 | -€12,452 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €9,904 | €10,114 | +€210 | +2.1% |
| Trade debts | 44 | €8,279 | €12,711 | +€4,432 | +53.5% |
| Suppliers | 440/4 | €8,279 | €12,711 | +€4,432 | +53.5% |
| Taxes, remuneration and social security | 45 | €43,104 | €31,687 | -€11,417 | -26.5% |
| Taxes | 450/3 | €18,785 | €12,429 | -€6,356 | -33.8% |
| Remuneration and social security | 454/9 | €24,319 | €19,259 | -€5,061 | -20.8% |
| Other amounts payable | 47/48 | €127,824 | €122,147 | -€5,677 | -4.4% |
| Accrued charges and deferred income | 492/3 | €4 | €5 | +€1 | +26.9% |
| Non-recurring operating income | 76A | - | €850 | +€850 | |
| Remuneration, social security and pensions | 62 | €44,244 | €44,517 | +€274 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,117 | €14,267 | +€3,150 | +28.3% |
| Other operating charges | 640/8 | €1,688 | €1,742 | +€54 | +3.2% |
| Non-recurring operating charges | 66A | €11,251 | - | -€11,251 | |
| Gross operating margin | 9900 | €32,738 | €65,143 | +€32,405 | +99.0% |
| Operating profit (loss) | 9901 | -€35,561 | €4,617 | +€40,178 | |
| Financial income | 75/76B | €82 | €6 | -€76 | -92.6% |
| Recurring financial income | 75 | €82 | €6 | -€76 | -92.6% |
| Financial charges | 65/66B | €3,997 | €2,894 | -€1,102 | -27.6% |
| Recurring financial charges | 65 | €3,997 | €2,894 | -€1,102 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | -€39,476 | €1,729 | +€41,205 | |
| Income taxes | 67/77 | €5,492 | €497 | -€4,995 | -90.9% |
| Profit (loss) for the period | 9904 | -€44,968 | €1,232 | +€46,199 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,968 | €1,232 | +€46,199 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.