HET ARCHIEF: 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.
HET ARCHIEF
Largest movements
- Cash +€49,773
up €49,773 (+103%), from €48,538 to €98,311
mainly Net result for the year (+€38,605) and Trade debts (+€20,638)
- Tangible fixed assets +€4,482
up €4,482 (+422%), from €1,063 to €5,545
- Deferred charges and accrued income +€2,766
up €2,766 (+512%), from €540 to €3,306
- Reserves +€38,605
up €38,605 (+76.0%), from €50,805 to €89,410
- Trade debts +€20,638
up €20,638 (+445%), from €4,634 to €25,272
- Turnover -€440,762
no longer reported in 2025 (was €440,762)
- Purchases and services -€397,985
no longer reported in 2025 (was €397,985)
- Gross operating margin -€7,895
down €7,895 (-11.7%), from €67,604 to €59,709
- Taxes +€5,421
up €5,421 (+42.4%), from €12,786 to €18,207
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 | €72,516 | €130,732 | +€58,216 | +80.3% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €14,563 | €19,045 | +€4,482 | +30.8% |
| Tangible fixed assets | 22/27 | €1,063 | €5,545 | +€4,482 | +422% |
| Plant, machinery and equipment | 23 | €1,063 | €5,545 | +€4,482 | +422% |
| Financial fixed assets | 28 | €13,500 | €13,500 | = | 0.0% |
| Current assets | 29/58 | €57,953 | €111,686 | +€53,733 | +92.7% |
| Stocks and contracts in progress | 3 | €8,875 | €10,070 | +€1,195 | +13.5% |
| Stocks | 30/36 | €8,875 | €10,070 | +€1,195 | +13.5% |
| Amounts receivable within one year | 40/41 | - | €0 | = | |
| Trade receivables | 40 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €48,538 | €98,311 | +€49,773 | +103% |
| Deferred charges and accrued income | 490/1 | €540 | €3,306 | +€2,766 | +512% |
| Total equity and liabilities | 10/49 | €72,516 | €130,732 | +€58,216 | +80.3% |
| Equity | 10/15 | €52,305 | €90,910 | +€38,605 | +73.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €50,805 | €89,410 | +€38,605 | +76.0% |
| Distributable reserves | 133 | €50,805 | €89,410 | +€38,605 | +76.0% |
| Amounts payable | 17/49 | €20,211 | €39,822 | +€19,611 | +97.0% |
| Amounts payable within one year | 42/48 | €20,211 | €39,822 | +€19,611 | +97.0% |
| Trade debts | 44 | €4,634 | €25,272 | +€20,638 | +445% |
| Suppliers | 440/4 | €4,634 | €25,272 | +€20,638 | +445% |
| Taxes, remuneration and social security | 45 | €14,880 | €14,550 | -€330 | -2.2% |
| Taxes | 450/3 | €14,880 | €14,550 | -€330 | -2.2% |
| Other amounts payable | 47/48 | €697 | - | -€697 | |
| Turnover | 70 | €440,762 | - | -€440,762 | |
| Goods, raw materials, services and sundry goods | 60/61 | €397,985 | - | -€397,985 | |
| Remuneration, social security and pensions | 62 | - | €373 | +€373 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,369 | €1,081 | -€288 | -21.0% |
| Other operating charges | 640/8 | €2,587 | €1,176 | -€1,411 | -54.5% |
| Gross operating margin | 9900 | €67,604 | €59,709 | -€7,895 | -11.7% |
| Operating profit (loss) | 9901 | €63,648 | €57,079 | -€6,569 | -10.3% |
| Financial income | 75/76B | €1 | €17 | +€16 | +1,601% |
| Recurring financial income | 75 | €1 | €17 | +€16 | +1,601% |
| Financial charges | 65/66B | €58 | €285 | +€227 | +391% |
| Recurring financial charges | 65 | €58 | €285 | +€227 | +391% |
| Profit (loss) for the period before taxes | 9903 | €63,591 | €56,812 | -€6,779 | -10.7% |
| Income taxes | 67/77 | €12,786 | €18,207 | +€5,421 | +42.4% |
| Profit (loss) for the period | 9904 | €50,805 | €38,605 | -€12,200 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,805 | €38,605 | -€12,200 | -24.0% |
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 18 October 2026 via checked.be.