DREES ARCHEO: 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.
DREES ARCHEO
Largest movements
- Cash +€83,456
up €83,456 (+122.1%), from €68,338 to €151,794
mainly Net result for the year (+€47,966) and Receivables within one year (+€23,673)
- Receivables within one year -€23,673
down €23,673 (-44.7%), from €52,954 to €29,280
of which Trade receivables: -€21,627
- Stocks and contracts -€21,072
down €21,072 (-10.4%), from €203,182 to €182,109
- Deferred charges and accrued income +€3,825
up €3,825 (+265.8%), from €1,439 to €5,264
- Profit (loss) carried forward +€47,966
up €47,966 (+70.9%), from -€67,676 to -€19,710
- Trade debts -€11,818
down €11,818 (-10.1%), from €116,635 to €104,818
- Tax, wage and social debts +€5,592
up €5,592 (+104.5%), from €5,349 to €10,941
of which Taxes: +€5,592
- Gross operating margin +€84,197
up €84,197, from -€31,262 to €52,935
- Depreciation -€2,242
down €2,242 (-80.1%), from €2,798 to €556
- Taxes +€641
up €641 (+141.2%), from €454 to €1,095
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 | €325,912 | €369,560 | +€43,647 | +13.4% |
| Fixed assets | 21/28 | €0 | €1,112 | +€1,112 | |
| Tangible fixed assets | 22/27 | €0 | €1,112 | +€1,112 | |
| Plant, machinery and equipment | 23 | €0 | €1,112 | +€1,112 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €325,912 | €368,447 | +€42,535 | +13.1% |
| Stocks and contracts in progress | 3 | €203,182 | €182,109 | -€21,072 | -10.4% |
| Stocks | 30/36 | €203,182 | €182,109 | -€21,072 | -10.4% |
| Amounts receivable within one year | 40/41 | €52,954 | €29,280 | -€23,673 | -44.7% |
| Trade receivables | 40 | €50,908 | €29,280 | -€21,627 | -42.5% |
| Other amounts receivable | 41 | €2,046 | €0 | -€2,046 | -100.0% |
| Cash at bank and in hand | 54/58 | €68,338 | €151,794 | +€83,456 | +122.1% |
| Deferred charges and accrued income | 490/1 | €1,439 | €5,264 | +€3,825 | +265.8% |
| Total equity and liabilities | 10/49 | €325,912 | €369,560 | +€43,647 | +13.4% |
| Equity | 10/15 | €104,044 | €152,010 | +€47,966 | +46.1% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €46,720 | €46,720 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €46,720 | €46,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,676 | -€19,710 | +€47,966 | +70.9% |
| Amounts payable | 17/49 | €221,868 | €217,550 | -€4,319 | -1.9% |
| Amounts payable within one year | 42/48 | €221,868 | €217,550 | -€4,319 | -1.9% |
| Trade debts | 44 | €116,635 | €104,818 | -€11,818 | -10.1% |
| Suppliers | 440/4 | €116,635 | €104,818 | -€11,818 | -10.1% |
| Taxes, remuneration and social security | 45 | €5,349 | €10,941 | +€5,592 | +104.5% |
| Taxes | 450/3 | €5,349 | €10,941 | +€5,592 | +104.5% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €99,884 | €101,791 | +€1,907 | +1.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,798 | €556 | -€2,242 | -80.1% |
| Other operating charges | 640/8 | €952 | €1,133 | +€181 | +19.0% |
| Gross operating margin | 9900 | -€31,262 | €52,935 | +€84,197 | |
| Operating profit (loss) | 9901 | -€35,011 | €51,246 | +€86,257 | |
| Financial charges | 65/66B | €2,145 | €2,185 | +€40 | +1.9% |
| Recurring financial charges | 65 | €2,145 | €2,185 | +€40 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€37,156 | €49,061 | +€86,217 | |
| Income taxes | 67/77 | €454 | €1,095 | +€641 | +141.2% |
| Profit (loss) for the period | 9904 | -€37,609 | €47,966 | +€85,576 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,609 | €47,966 | +€85,576 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.