GROEP ARCO: 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.
GROEP ARCO
Largest movements
- Cash -€11,022
down €11,022 (-22.2%), from €49,696 to €38,674
mainly Current investments (-€9,754) and Current portion of long-term debt (-€4,668)
- Current investments +€9,754
new in 2025: €9,754
- Receivables within one year -€3,038
down €3,038 (-7.4%), from €41,130 to €38,092
- Current portion of long-term debt -€4,668
down €4,668 (-56.8%), from €8,220 to €3,552
- Reserves +€3,924
up €3,924 (+2.4%), from €161,867 to €165,790
of which Distributable reserves: +€3,924
- Debts after one year -€3,552
no longer reported in 2025 (was €3,552)
- Other operating charges +€3,288
up €3,288 (+615.5%), from €534 to €3,823
- Gross operating margin +€3,162
up €3,162 (+65.4%), from €4,832 to €7,994
- Financial income -€158
down €158 (-6.0%), from €2,627 to €2,470
- Financial charges -€146
down €146 (-14.2%), from €1,033 to €886
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 | €194,295 | €189,990 | -€4,306 | -2.2% |
| Fixed assets | 21/28 | €103,469 | €103,469 | = | 0.0% |
| Tangible fixed assets | 22/27 | €103,469 | €103,469 | = | 0.0% |
| Land and buildings | 22 | €103,469 | €103,469 | = | 0.0% |
| Current assets | 29/58 | €90,826 | €86,520 | -€4,306 | -4.7% |
| Amounts receivable within one year | 40/41 | €41,130 | €38,092 | -€3,038 | -7.4% |
| Other amounts receivable | 41 | €41,130 | €38,092 | -€3,038 | -7.4% |
| Current investments | 50/53 | - | €9,754 | +€9,754 | |
| Cash at bank and in hand | 54/58 | €49,696 | €38,674 | -€11,022 | -22.2% |
| Total equity and liabilities | 10/49 | €194,295 | €189,990 | -€4,306 | -2.2% |
| Equity | 10/15 | €182,121 | €186,045 | +€3,924 | +2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €161,867 | €165,790 | +€3,924 | +2.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €160,007 | €163,930 | +€3,924 | +2.5% |
| Profit (loss) carried forward | 14 | €1,655 | €1,655 | = | 0.0% |
| Amounts payable | 17/49 | €12,174 | €3,945 | -€8,230 | -67.6% |
| Amounts payable after more than one year | 17 | €3,552 | - | -€3,552 | |
| Financial debts | 170/4 | €3,552 | - | -€3,552 | |
| Amounts payable within one year | 42/48 | €8,622 | €3,945 | -€4,677 | -54.2% |
| Current portion of amounts payable after more than one year | 42 | €8,220 | €3,552 | -€4,668 | -56.8% |
| Taxes, remuneration and social security | 45 | €402 | €392 | -€9 | -2.3% |
| Taxes | 450/3 | €402 | €392 | -€9 | -2.3% |
| Other operating charges | 640/8 | €534 | €3,823 | +€3,288 | +615.5% |
| Gross operating margin | 9900 | €4,832 | €7,994 | +€3,162 | +65.4% |
| Operating profit (loss) | 9901 | €4,298 | €4,171 | -€126 | -2.9% |
| Financial income | 75/76B | €2,627 | €2,470 | -€158 | -6.0% |
| Recurring financial income | 75 | €2,627 | €2,470 | -€158 | -6.0% |
| Financial charges | 65/66B | €1,033 | €886 | -€146 | -14.2% |
| Recurring financial charges | 65 | €1,033 | €886 | -€146 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €5,892 | €5,755 | -€137 | -2.3% |
| Income taxes | 67/77 | €1,875 | €1,831 | -€44 | -2.3% |
| Profit (loss) for the period | 9904 | €4,017 | €3,924 | -€94 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,017 | €3,924 | -€94 | -2.3% |
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 5 October 2026 via checked.be.