Archets: 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.
Archets
Largest movements
- Stocks and contracts -€52,078
down €52,078 (-85.7%), from €60,769 to €8,691
- Deferred charges and accrued income -€670
no longer reported in 2025 (was €670)
- Profit (loss) carried forward -€46,645
down €46,645 (-11.1%), from -€418,347 to -€464,992
- Other debts +€14,480
up €14,480 (+3.9%), from €370,594 to €385,074
- Short-term financial debts -€11,519
down €11,519 (-96.3%), from €11,968 to €448
of which Credit institutions: -€11,968
- Trade debts -€8,666
down €8,666 (-18.4%), from €47,164 to €38,498
- Write-downs +€52,078
new in 2025: €52,078
- Turnover +€9,907
up €9,907 (+46.0%), from €21,542 to €31,450
- Gross operating margin +€9,667
up €9,667, from -€2,471 to €7,196
- Financial income +€2,428
new in 2025: €2,428
of which Financial income: +€2,428
- Other operating charges +€896
up €896 (+44.4%), from €2,018 to €2,914
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 | €61,498 | €9,129 | -€52,369 | -85.2% |
| Current assets | 29/58 | €61,498 | €9,129 | -€52,369 | -85.2% |
| Stocks and contracts in progress | 3 | €60,769 | €8,691 | -€52,078 | -85.7% |
| Stocks | 30/36 | €60,769 | €8,691 | -€52,078 | -85.7% |
| Amounts receivable within one year | 40/41 | €28 | €438 | +€409 | +1,442% |
| Trade receivables | 40 | €28 | €438 | +€409 | +1,442% |
| Cash at bank and in hand | 54/58 | €30 | - | -€30 | |
| Deferred charges and accrued income | 490/1 | €670 | - | -€670 | |
| Total equity and liabilities | 10/49 | €61,498 | €9,129 | -€52,369 | -85.2% |
| Equity | 10/15 | -€368,768 | -€415,413 | -€46,645 | -12.6% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Capital | 10 | €49,579 | €49,579 | = | 0.0% |
| Issued capital | 100 | €49,579 | €49,579 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€418,347 | -€464,992 | -€46,645 | -11.1% |
| Amounts payable | 17/49 | €430,266 | €424,542 | -€5,724 | -1.3% |
| Amounts payable within one year | 42/48 | €430,266 | €424,542 | -€5,724 | -1.3% |
| Financial debts | 43 | €11,968 | €448 | -€11,519 | -96.3% |
| Credit institutions | 430/8 | €11,968 | - | -€11,968 | |
| Other loans | 439 | - | €448 | +€448 | |
| Trade debts | 44 | €47,164 | €38,498 | -€8,666 | -18.4% |
| Suppliers | 440/4 | €47,164 | €38,498 | -€8,666 | -18.4% |
| Taxes, remuneration and social security | 45 | €540 | €521 | -€19 | -3.5% |
| Taxes | 450/3 | - | €521 | +€521 | |
| Remuneration and social security | 454/9 | €540 | - | -€540 | |
| Other amounts payable | 47/48 | €370,594 | €385,074 | +€14,480 | +3.9% |
| Turnover | 70 | €21,542 | €31,450 | +€9,907 | +46.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,013 | €24,254 | +€241 | +1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €52,078 | +€52,078 | |
| Other operating charges | 640/8 | €2,018 | €2,914 | +€896 | +44.4% |
| Gross operating margin | 9900 | -€2,471 | €7,196 | +€9,667 | |
| Operating profit (loss) | 9901 | -€4,489 | -€47,796 | -€43,307 | -965% |
| Financial income | 75/76B | - | €2,428 | +€2,428 | |
| Recurring financial income | 75 | - | €2,428 | +€2,428 | |
| Non-recurring financial income | 76B | - | €2,428 | +€2,428 | |
| Financial charges | 65/66B | €1,337 | €1,277 | -€60 | -4.5% |
| Recurring financial charges | 65 | €1,337 | €1,277 | -€60 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,826 | -€46,645 | -€40,819 | -701% |
| Profit (loss) for the period | 9904 | -€5,826 | -€46,645 | -€40,819 | -701% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,826 | -€46,645 | -€40,819 | -701% |
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 28 October 2026 via checked.be.