ROPE ARCH.: 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.
ROPE ARCH.
Largest movements
- Cash +€26,142
up €26,142 (+62.9%), from €41,554 to €67,696
mainly Net result for the year (+€31,091) and Other debts (+€13,656)
- Receivables within one year -€8,927
down €8,927 (-23.2%), from €38,416 to €29,489
of which Trade receivables: -€10,718
- Tangible fixed assets -€3,957
down €3,957 (-29.8%), from €13,286 to €9,329
of which Furniture and vehicles: -€2,743
- Financial fixed assets +€3,830
new in 2025: €3,830
- Deferred charges and accrued income +€1,293
up €1,293 (+24.6%), from €5,259 to €6,552
- Other debts +€13,656
up €13,656 (+42.3%), from €32,302 to €45,958
- Tax, wage and social debts +€8,795
up €8,795 (+65.2%), from €13,487 to €22,283
- Debts after one year -€2,712
down €2,712 (-51.2%), from €5,295 to €2,583
- Gross operating margin +€23,327
up €23,327 (+84.2%), from €27,704 to €51,031
- Taxes +€7,394
up €7,394 (+129.2%), from €5,721 to €13,115
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 | €98,514 | €116,895 | +€18,381 | +18.7% |
| Fixed assets | 21/28 | €13,286 | €13,159 | -€127 | -1.0% |
| Tangible fixed assets | 22/27 | €13,286 | €9,329 | -€3,957 | -29.8% |
| Plant, machinery and equipment | 23 | €171 | €0 | -€171 | -100.0% |
| Furniture and vehicles | 24 | €10,545 | €7,801 | -€2,743 | -26.0% |
| Other tangible fixed assets | 26 | €2,570 | €1,527 | -€1,042 | -40.6% |
| Financial fixed assets | 28 | - | €3,830 | +€3,830 | |
| Current assets | 29/58 | €85,228 | €103,737 | +€18,508 | +21.7% |
| Amounts receivable within one year | 40/41 | €38,416 | €29,489 | -€8,927 | -23.2% |
| Trade receivables | 40 | €34,603 | €23,885 | -€10,718 | -31.0% |
| Other amounts receivable | 41 | €3,813 | €5,604 | +€1,791 | +47.0% |
| Cash at bank and in hand | 54/58 | €41,554 | €67,696 | +€26,142 | +62.9% |
| Deferred charges and accrued income | 490/1 | €5,259 | €6,552 | +€1,293 | +24.6% |
| Total equity and liabilities | 10/49 | €98,514 | €116,895 | +€18,381 | +18.7% |
| Equity | 10/15 | €36,904 | €36,091 | -€813 | -2.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,904 | €31,091 | -€813 | -2.5% |
| Amounts payable | 17/49 | €61,610 | €80,804 | +€19,194 | +31.2% |
| Amounts payable after more than one year | 17 | €5,295 | €2,583 | -€2,712 | -51.2% |
| Financial debts | 170/4 | €5,295 | €2,583 | -€2,712 | -51.2% |
| Amounts payable within one year | 42/48 | €56,315 | €78,221 | +€21,906 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €2,605 | €2,712 | +€107 | +4.1% |
| Financial debts | 43 | €55 | €55 | = | 0.0% |
| Credit institutions | 430/8 | €55 | €55 | = | 0.0% |
| Trade debts | 44 | €7,866 | €7,213 | -€652 | -8.3% |
| Suppliers | 440/4 | €7,866 | €7,213 | -€652 | -8.3% |
| Taxes, remuneration and social security | 45 | €13,487 | €22,283 | +€8,795 | +65.2% |
| Taxes | 450/3 | €13,487 | €22,283 | +€8,795 | +65.2% |
| Other amounts payable | 47/48 | €32,302 | €45,958 | +€13,656 | +42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,908 | €5,361 | +€453 | +9.2% |
| Other operating charges | 640/8 | €1,335 | €932 | -€404 | -30.2% |
| Gross operating margin | 9900 | €27,704 | €51,031 | +€23,327 | +84.2% |
| Operating profit (loss) | 9901 | €21,460 | €44,738 | +€23,278 | +108.5% |
| Financial income | 75/76B | €1 | €6 | +€5 | +383.2% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +383.2% |
| Financial charges | 65/66B | €532 | €538 | +€6 | +1.2% |
| Recurring financial charges | 65 | €532 | €538 | +€6 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €20,930 | €44,206 | +€23,277 | +111.2% |
| Income taxes | 67/77 | €5,721 | €13,115 | +€7,394 | +129.2% |
| Profit (loss) for the period | 9904 | €15,208 | €31,091 | +€15,883 | +104.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,208 | €31,091 | +€15,883 | +104.4% |
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 12 October 2026 via checked.be.