De Ark 1: 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.
De Ark 1
Largest movements
- Cash -€44,438
down €44,438 (-69.1%), from €64,270 to €19,831
mainly Net result for the year (-€41,529) and Trade debts (-€9,277)
- Profit (loss) carried forward -€41,529
down €41,529 (-14.6%), from -€284,507 to -€326,036
- Trade debts -€9,277
no longer reported in 2025 (was €9,277)
- Financial charges -€4,021
down €4,021 (-32.2%), from €12,491 to €8,470
- Gross operating margin -€2,611
down €2,611 (-8.6%), from -€30,511 to -€33,122
- Other operating charges -€1,360
no longer reported in 2025 (was €1,360)
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 | €924,120 | €877,470 | -€46,651 | -5.0% |
| Current assets | 29/58 | €924,120 | €877,470 | -€46,651 | -5.0% |
| Stocks and contracts in progress | 3 | €837,414 | €837,414 | = | 0.0% |
| Stocks | 30/36 | €837,414 | €837,414 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,436 | €20,224 | -€2,212 | -9.9% |
| Trade receivables | 40 | €8,350 | €2,042 | -€6,308 | -75.5% |
| Other amounts receivable | 41 | €14,087 | €18,182 | +€4,095 | +29.1% |
| Cash at bank and in hand | 54/58 | €64,270 | €19,831 | -€44,438 | -69.1% |
| Total equity and liabilities | 10/49 | €924,120 | €877,470 | -€46,651 | -5.0% |
| Equity | 10/15 | €230,493 | €188,964 | -€41,529 | -18.0% |
| Contributions | 10/11 | €515,000 | €515,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€284,507 | -€326,036 | -€41,529 | -14.6% |
| Amounts payable | 17/49 | €693,627 | €688,506 | -€5,121 | -0.7% |
| Amounts payable within one year | 42/48 | €693,627 | €688,506 | -€5,121 | -0.7% |
| Trade debts | 44 | €9,277 | - | -€9,277 | |
| Suppliers | 440/4 | €9,277 | - | -€9,277 | |
| Other amounts payable | 47/48 | €684,351 | €688,506 | +€4,155 | +0.6% |
| Other operating charges | 640/8 | €1,360 | - | -€1,360 | |
| Gross operating margin | 9900 | -€30,511 | -€33,122 | -€2,611 | -8.6% |
| Operating profit (loss) | 9901 | -€31,871 | -€33,122 | -€1,251 | -3.9% |
| Financial income | 75/76B | €67 | €63 | -€4 | -5.3% |
| Recurring financial income | 75 | €67 | €63 | -€4 | -5.3% |
| Financial charges | 65/66B | €12,491 | €8,470 | -€4,021 | -32.2% |
| Recurring financial charges | 65 | €12,491 | €8,470 | -€4,021 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | -€44,295 | -€41,529 | +€2,766 | +6.2% |
| Profit (loss) for the period | 9904 | -€44,295 | -€41,529 | +€2,766 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,295 | -€41,529 | +€2,766 | +6.2% |
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 20 October 2026 via checked.be.