ARCADRE: what changed
ARCADRE
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+78.4%), from €1.4m to €2.5m
of which Land and buildings: +€961,786
- Cash +€207,381
up €207,381 (+2,073%), from €10,005 to €217,386
mainly Debts after one year (+€1.1m) and Other debts (+€194,900)
- Receivables within one year +€29,134
up €29,134 (+130%), from €22,374 to €51,508
of which Other amounts receivable: +€22,692
- Debts after one year +€1.1m
up €1.1m (+217%), from €499,924 to €1.6m
- Other debts +€194,900
up €194,900 (+21.2%), from €919,056 to €1.1m
- Trade debts +€116,893
up €116,893 (+949%), from €12,314 to €129,207
- Profit (loss) carried forward -€73,554
down €73,554 (-143%), from -€51,366 to -€124,920
- Financial charges +€52,109
up €52,109 (+972%), from €5,360 to €57,469
- Gross operating margin -€7,395
down €7,395 (-84.9%), from -€8,708 to -€16,103
- Purchases and services +€7,159
up €7,159 (+34.3%), from €20,868 to €28,027
- Other operating charges -€4,039
no longer reported in 2024 (was €4,039)
- Staff costs -€665
no longer reported in 2024 (was €665)
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,413,826 | €2,731,343 | +€1.3m | +93.2% |
| Fixed assets | 21/28 | €1,375,947 | €2,455,349 | +€1.1m | +78.4% |
| Tangible fixed assets | 22/27 | €1,375,947 | €2,455,349 | +€1.1m | +78.4% |
| Land and buildings | 22 | €1,373,652 | €2,335,438 | +€961,786 | +70.0% |
| Plant, machinery and equipment | 23 | - | €113,612 | +€113,612 | |
| Furniture and vehicles | 24 | €2,295 | €6,299 | +€4,004 | +174% |
| Current assets | 29/58 | €37,879 | €275,994 | +€238,114 | +629% |
| Stocks and contracts in progress | 3 | €5,500 | €5,500 | = | 0.0% |
| Stocks | 30/36 | €5,500 | €5,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,374 | €51,508 | +€29,134 | +130% |
| Trade receivables | 40 | €400 | €6,842 | +€6,442 | +1,610% |
| Other amounts receivable | 41 | €21,974 | €44,666 | +€22,692 | +103% |
| Cash at bank and in hand | 54/58 | €10,005 | €217,386 | +€207,381 | +2,073% |
| Deferred charges and accrued income | 490/1 | - | €1,600 | +€1,600 | |
| Total equity and liabilities | 10/49 | €1,413,826 | €2,731,343 | +€1.3m | +93.2% |
| Equity | 10/15 | -€21,366 | -€94,920 | -€73,554 | -344% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,366 | -€124,920 | -€73,554 | -143% |
| Amounts payable | 17/49 | €1,435,193 | €2,826,263 | +€1.4m | +96.9% |
| Amounts payable after more than one year | 17 | €499,924 | €1,583,099 | +€1.1m | +217% |
| Financial debts | 170/4 | €499,924 | €1,583,099 | +€1.1m | +217% |
| Amounts payable within one year | 42/48 | €931,371 | €1,243,164 | +€311,793 | +33.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €12,314 | €129,207 | +€116,893 | +949% |
| Suppliers | 440/4 | €12,314 | €129,207 | +€116,893 | +949% |
| Other amounts payable | 47/48 | €919,056 | €1,113,956 | +€194,900 | +21.2% |
| Accrued charges and deferred income | 492/3 | €3,898 | - | -€3,898 | |
| Turnover | 70 | €12,160 | €11,924 | -€236 | -1.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,868 | €28,027 | +€7,159 | +34.3% |
| Remuneration, social security and pensions | 62 | €665 | - | -€665 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €4,039 | - | -€4,039 | |
| Gross operating margin | 9900 | -€8,708 | -€16,103 | -€7,395 | -84.9% |
| Operating profit (loss) | 9901 | -€13,412 | -€16,103 | -€2,691 | -20.1% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €5,360 | €57,469 | +€52,109 | +972% |
| Recurring financial charges | 65 | €5,360 | €57,469 | +€52,109 | +972% |
| Profit (loss) for the period before taxes | 9903 | -€18,772 | -€73,554 | -€54,782 | -292% |
| Profit (loss) for the period | 9904 | -€18,772 | -€73,554 | -€54,782 | -292% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,772 | -€73,554 | -€54,782 | -292% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.