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ARC: 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.

What changed

ARC

BE 0507.900.116
NACE 46.160, Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€61,715
2024 · €15,576+€46,138
Equity
€107,730
2024 · €131,015-€23,285
Cash
€152,294
2024 · €168,118-€15,824
Balance sheet total
€250,490
2024 · €299,625-€49,134

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€36,603

    down €36,603 (-29.8%), from €122,672 to €86,069

    of which Trade receivables: -€30,167

  • Cash -€15,824

    down €15,824 (-9.4%), from €168,118 to €152,294

    mainly Contributions, distributions and other (-€85,000) and Trade debts (-€59,015)

  • Receivables after one year +€6,124

    new in 2025: €6,124

Equity and liabilities
  • Trade debts -€59,015

    down €59,015 (-45.2%), from €130,493 to €71,478

  • Other debts +€26,853

    up €26,853 (+252%), from €10,637 to €37,490

  • Profit (loss) carried forward -€23,285

    down €23,285 (-20.7%), from €112,415 to €89,130

  • Tax, wage and social debts +€6,312

    up €6,312 (+23.0%), from €27,413 to €33,725

    of which Taxes: +€5,970

Income statement
  • Gross operating margin +€39,516

    up €39,516 (+91.5%), from €43,207 to €82,723

  • Taxes +€11,602

    up €11,602 (+211%), from €5,488 to €17,090

  • Depreciation -€9,132

    down €9,132 (-79.6%), from €11,466 to €2,334

  • Write-downs -€8,887

    no longer reported in 2025 (was €8,887)

  • Other operating charges +€1,586

    up €1,586 (+64.9%), from €2,446 to €4,032

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €15,576
Gross operating margin +€39,516
Depreciation +€9,132
Write-downs +€8,887
Other operating charges -€1,586
Financial income +€939
Financial charges +€853
Taxes -€11,602
Result 2025 €61,715
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€69,176
Investment €0
Financing -€85,000
Cash 2024 €168,118
Net result for the year +€61,715
Depreciation +€2,334
Receivables after one year -€6,124
Receivables within one year +€36,603
Deferred charges and accrued income +€498
Trade debts -€59,015
Tax, wage and social debts +€6,312
Other debts +€26,853
Accrued charges and deferred income +€1
Contributions, distributions and other -€85,000
Cash 2025 €152,294
brings cash intakes cash out
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €299,625 €250,490 -€49,134 -16.4%
Fixed assets 21/28 €4,913 €2,579 -€2,334 -47.5%
Tangible fixed assets 22/27 €4,888 €2,554 -€2,334 -47.7%
Other tangible fixed assets 26 €4,888 €2,554 -€2,334 -47.7%
Financial fixed assets 28 €25 €25 = 0.0%
Current assets 29/58 €294,712 €247,911 -€46,801 -15.9%
Amounts receivable after more than one year 29 - €6,124 +€6,124
Other amounts receivable 291 - €6,124 +€6,124
Amounts receivable within one year 40/41 €122,672 €86,069 -€36,603 -29.8%
Trade receivables 40 €114,278 €84,111 -€30,167 -26.4%
Other amounts receivable 41 €8,394 €1,958 -€6,436 -76.7%
Cash at bank and in hand 54/58 €168,118 €152,294 -€15,824 -9.4%
Deferred charges and accrued income 490/1 €3,922 €3,424 -€498 -12.7%
Total equity and liabilities 10/49 €299,625 €250,490 -€49,134 -16.4%
Equity 10/15 €131,015 €107,730 -€23,285 -17.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 €112,415 €89,130 -€23,285 -20.7%
Amounts payable 17/49 €168,609 €142,760 -€25,849 -15.3%
Amounts payable within one year 42/48 €168,544 €142,693 -€25,850 -15.3%
Trade debts 44 €130,493 €71,478 -€59,015 -45.2%
Suppliers 440/4 €130,493 €71,478 -€59,015 -45.2%
Taxes, remuneration and social security 45 €27,413 €33,725 +€6,312 +23.0%
Taxes 450/3 €24,524 €30,494 +€5,970 +24.3%
Remuneration and social security 454/9 €2,889 €3,232 +€342 +11.9%
Other amounts payable 47/48 €10,637 €37,490 +€26,853 +252%
Accrued charges and deferred income 492/3 €66 €67 +€1 +2.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,466 €2,334 -€9,132 -79.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 €8,887 - -€8,887
Other operating charges 640/8 €2,446 €4,032 +€1,586 +64.9%
Gross operating margin 9900 €43,207 €82,723 +€39,516 +91.5%
Operating profit (loss) 9901 €20,409 €76,357 +€55,948 +274%
Financial income 75/76B €3,417 €4,356 +€939 +27.5%
Recurring financial income 75 €1,753 €1,520 -€233 -13.3%
Non-recurring financial income 76B €1,664 €2,836 +€1,172 +70.4%
Financial charges 65/66B €2,762 €1,908 -€853 -30.9%
Recurring financial charges 65 €2,762 €1,908 -€853 -30.9%
Profit (loss) for the period before taxes 9903 €21,064 €78,805 +€57,740 +274%
Income taxes 67/77 €5,488 €17,090 +€11,602 +211%
Profit (loss) for the period 9904 €15,576 €61,715 +€46,138 +296%
Profit (loss) for the period to be appropriated 9905 €15,576 €61,715 +€46,138 +296%

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 20 October 2026 via checked.be.