L.Archi: 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.
L.Archi
Largest movements
- Cash -€10,949
down €10,949 (-30.2%), from €36,244 to €25,295
mainly Tax, wage and social debts (-€13,619) and Investment in fixed assets (net) (-€7,825)
- Intangible fixed assets -€8,550
down €8,550 (-14.3%), from €59,853 to €51,303
- Tangible fixed assets +€5,848
up €5,848 (+159%), from €3,678 to €9,526
- Receivables within one year -€4,469
down €4,469 (-35.7%), from €12,509 to €8,040
of which Trade receivables: -€4,622
- Tax, wage and social debts -€13,619
down €13,619 (-75.0%), from €18,165 to €4,547
of which Taxes: -€10,520
- Other debts -€6,931
down €6,931 (-13.2%), from €52,513 to €45,583
- Reserves +€2,800
up €2,800 (+16.8%), from €16,633 to €19,433
- Gross operating margin -€16,787
down €16,787 (-43.1%), from €38,930 to €22,143
- Taxes -€3,602
down €3,602 (-32.6%), from €11,032 to €7,430
- Depreciation +€474
up €474 (+4.7%), from €10,054 to €10,528
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 | €113,242 | €95,003 | -€18,239 | -16.1% |
| Fixed assets | 21/28 | €63,531 | €60,829 | -€2,703 | -4.3% |
| Intangible fixed assets | 21 | €59,853 | €51,303 | -€8,550 | -14.3% |
| Tangible fixed assets | 22/27 | €3,678 | €9,526 | +€5,848 | +159% |
| Furniture and vehicles | 24 | €3,678 | €9,526 | +€5,848 | +159% |
| Current assets | 29/58 | €49,711 | €34,174 | -€15,536 | -31.3% |
| Amounts receivable within one year | 40/41 | €12,509 | €8,040 | -€4,469 | -35.7% |
| Trade receivables | 40 | €12,509 | €7,887 | -€4,622 | -36.9% |
| Other amounts receivable | 41 | - | €152 | +€152 | |
| Cash at bank and in hand | 54/58 | €36,244 | €25,295 | -€10,949 | -30.2% |
| Deferred charges and accrued income | 490/1 | €958 | €839 | -€118 | -12.4% |
| Total equity and liabilities | 10/49 | €113,242 | €95,003 | -€18,239 | -16.1% |
| Equity | 10/15 | €39,705 | €42,567 | +€2,861 | +7.2% |
| Contributions | 10/11 | €18,171 | €18,171 | = | 0.0% |
| Reserves | 13 | €16,633 | €19,433 | +€2,800 | +16.8% |
| Distributable reserves | 133 | €16,633 | €19,433 | +€2,800 | +16.8% |
| Profit (loss) carried forward | 14 | €4,902 | €4,963 | +€61 | +1.3% |
| Amounts payable | 17/49 | €73,537 | €52,436 | -€21,100 | -28.7% |
| Amounts payable within one year | 42/48 | €73,537 | €52,436 | -€21,100 | -28.7% |
| Trade debts | 44 | €2,858 | €2,307 | -€551 | -19.3% |
| Suppliers | 440/4 | €2,858 | €2,307 | -€551 | -19.3% |
| Taxes, remuneration and social security | 45 | €18,165 | €4,547 | -€13,619 | -75.0% |
| Taxes | 450/3 | €14,943 | €4,422 | -€10,520 | -70.4% |
| Remuneration and social security | 454/9 | €3,223 | €124 | -€3,098 | -96.1% |
| Other amounts payable | 47/48 | €52,513 | €45,583 | -€6,931 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,054 | €10,528 | +€474 | +4.7% |
| Other operating charges | 640/8 | €768 | €1,108 | +€339 | +44.2% |
| Gross operating margin | 9900 | €38,930 | €22,143 | -€16,787 | -43.1% |
| Operating profit (loss) | 9901 | €28,107 | €10,507 | -€17,600 | -62.6% |
| Financial income | 75/76B | €39 | €177 | +€138 | +354% |
| Recurring financial income | 75 | €39 | €177 | +€138 | +354% |
| Financial charges | 65/66B | €482 | €392 | -€89 | -18.5% |
| Recurring financial charges | 65 | €482 | €392 | -€89 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €27,664 | €10,292 | -€17,373 | -62.8% |
| Income taxes | 67/77 | €11,032 | €7,430 | -€3,602 | -32.6% |
| Profit (loss) for the period | 9904 | €16,633 | €2,861 | -€13,771 | -82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,633 | €2,861 | -€13,771 | -82.8% |
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 27 October 2026 via checked.be.