SE-ARCH: 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.
SE-ARCH
Largest movements
- Cash +€71,544
up €71,544 (+130.6%), from €54,776 to €126,319
mainly Net result for the year (+€70,792) and Tax, wage and social debts (+€10,623)
- Receivables within one year +€9,780
up €9,780 (+91.0%), from €10,744 to €20,524
of which Trade receivables: +€6,710
- Profit (loss) carried forward +€70,792
up €70,792 (+102.6%), from €69,019 to €139,811
- Tax, wage and social debts +€10,623
up €10,623 (+53.6%), from €19,810 to €30,433
- Gross operating margin +€52,042
up €52,042 (+135.3%), from €38,473 to €90,515
- Taxes +€10,323
up €10,323 (+123.9%), from €8,332 to €18,655
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 | €94,116 | €176,369 | +€82,253 | +87.4% |
| Fixed assets | 21/28 | €1,261 | €631 | -€631 | -50.0% |
| Tangible fixed assets | 22/27 | €1,261 | €631 | -€631 | -50.0% |
| Furniture and vehicles | 24 | €1,261 | €631 | -€631 | -50.0% |
| Current assets | 29/58 | €92,854 | €175,738 | +€82,884 | +89.3% |
| Amounts receivable after more than one year | 29 | €24,305 | €24,305 | = | 0.0% |
| Other amounts receivable | 291 | €24,305 | €24,305 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,744 | €20,524 | +€9,780 | +91.0% |
| Trade receivables | 40 | €10,744 | €17,454 | +€6,710 | +62.5% |
| Other amounts receivable | 41 | - | €3,070 | +€3,070 | |
| Cash at bank and in hand | 54/58 | €54,776 | €126,319 | +€71,544 | +130.6% |
| Deferred charges and accrued income | 490/1 | €3,030 | €4,590 | +€1,560 | +51.5% |
| Total equity and liabilities | 10/49 | €94,116 | €176,369 | +€82,253 | +87.4% |
| Equity | 10/15 | €72,019 | €142,811 | +€70,792 | +98.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,019 | €139,811 | +€70,792 | +102.6% |
| Amounts payable | 17/49 | €22,097 | €33,558 | +€11,461 | +51.9% |
| Amounts payable within one year | 42/48 | €22,033 | €33,492 | +€11,459 | +52.0% |
| Trade debts | 44 | €984 | €1,239 | +€255 | +25.9% |
| Suppliers | 440/4 | €984 | €1,239 | +€255 | +25.9% |
| Taxes, remuneration and social security | 45 | €19,810 | €30,433 | +€10,623 | +53.6% |
| Taxes | 450/3 | €19,810 | €30,433 | +€10,623 | +53.6% |
| Other amounts payable | 47/48 | €1,238 | €1,820 | +€582 | +47.0% |
| Accrued charges and deferred income | 492/3 | €64 | €66 | +€2 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €631 | €631 | = | 0.0% |
| Other operating charges | 640/8 | €770 | €1,088 | +€318 | +41.3% |
| Gross operating margin | 9900 | €38,473 | €90,515 | +€52,042 | +135.3% |
| Operating profit (loss) | 9901 | €37,072 | €88,796 | +€51,723 | +139.5% |
| Financial income | 75/76B | €493 | €737 | +€244 | +49.4% |
| Recurring financial income | 75 | €493 | €737 | +€244 | +49.4% |
| Financial charges | 65/66B | €68 | €86 | +€18 | +26.4% |
| Recurring financial charges | 65 | €68 | €86 | +€18 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | €37,497 | €89,447 | +€51,949 | +138.5% |
| Income taxes | 67/77 | €8,332 | €18,655 | +€10,323 | +123.9% |
| Profit (loss) for the period | 9904 | €29,166 | €70,792 | +€41,626 | +142.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,166 | €70,792 | +€41,626 | +142.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.