Aardeberg: 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.
Aardeberg
Largest movements
- Tangible fixed assets -€97,416
down €97,416 (-100.0%), from €97,416 to €0
of which Land and buildings: -€73,023
- Receivables within one year +€88,153
up €88,153 (+5876.9%), from €1,500 to €89,653
of which Other amounts receivable: +€89,653
- Cash +€1,888
up €1,888 (+4704.6%), from €40 to €1,928
mainly Investment in fixed assets (net) (+€97,416) and Net result for the year (+€63,043)
- Reserves +€63,043
new in 2025: €63,043
- Other debts -€58,548
down €58,548 (-100.0%), from €58,548 to €0
- Accrued charges and deferred income -€14,255
down €14,255 (-100.0%), from €14,255 to €0
- Debts after one year -€6,400
down €6,400 (-100.0%), from €6,400 to €0
- Short-term financial debts +€5,000
new in 2025: €5,000
- Gross operating margin +€99,600
up €99,600, from -€24,491 to €75,109
- Depreciation -€10,268
down €10,268 (-100.0%), from €10,268 to €0
- Taxes +€9,666
new in 2025: €9,666
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 | €99,368 | €91,581 | -€7,787 | -7.8% |
| Fixed assets | 21/28 | €97,416 | €0 | -€97,416 | -100.0% |
| Tangible fixed assets | 22/27 | €97,416 | €0 | -€97,416 | -100.0% |
| Land and buildings | 22 | €73,023 | €0 | -€73,023 | -100.0% |
| Plant, machinery and equipment | 23 | €17,941 | €0 | -€17,941 | -100.0% |
| Furniture and vehicles | 24 | €6,452 | €0 | -€6,452 | -100.0% |
| Current assets | 29/58 | €1,952 | €91,581 | +€89,629 | +4590.9% |
| Amounts receivable within one year | 40/41 | €1,500 | €89,653 | +€88,153 | +5876.9% |
| Trade receivables | 40 | €1,500 | €0 | -€1,500 | -100.0% |
| Other amounts receivable | 41 | - | €89,653 | +€89,653 | |
| Cash at bank and in hand | 54/58 | €40 | €1,928 | +€1,888 | +4704.6% |
| Deferred charges and accrued income | 490/1 | €412 | €0 | -€412 | -100.0% |
| Total equity and liabilities | 10/49 | €99,368 | €91,581 | -€7,787 | -7.8% |
| Equity | 10/15 | €17,564 | €80,607 | +€63,043 | +358.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | - | €63,043 | +€63,043 | |
| Distributable reserves | 133 | - | €63,043 | +€63,043 | |
| Profit (loss) carried forward | 14 | €5,164 | €5,164 | +€0 | 0.0% |
| Amounts payable | 17/49 | €81,804 | €10,975 | -€70,830 | -86.6% |
| Amounts payable after more than one year | 17 | €6,400 | €0 | -€6,400 | -100.0% |
| Financial debts | 170/4 | €6,400 | €0 | -€6,400 | -100.0% |
| Amounts payable within one year | 42/48 | €61,150 | €10,975 | -€50,175 | -82.1% |
| Financial debts | 43 | - | €5,000 | +€5,000 | |
| Credit institutions | 430/8 | - | €5,000 | +€5,000 | |
| Trade debts | 44 | €2,602 | €5,975 | +€3,373 | +129.7% |
| Suppliers | 440/4 | €2,602 | €5,975 | +€3,373 | +129.7% |
| Other amounts payable | 47/48 | €58,548 | €0 | -€58,548 | -100.0% |
| Accrued charges and deferred income | 492/3 | €14,255 | €0 | -€14,255 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,268 | €0 | -€10,268 | -100.0% |
| Other operating charges | 640/8 | €2,351 | €2,363 | +€12 | +0.5% |
| Gross operating margin | 9900 | -€24,491 | €75,109 | +€99,600 | |
| Operating profit (loss) | 9901 | -€37,110 | €72,746 | +€109,856 | |
| Financial income | 75/76B | - | €195 | +€195 | |
| Recurring financial income | 75 | - | €195 | +€195 | |
| Financial charges | 65/66B | €587 | €232 | -€355 | -60.4% |
| Recurring financial charges | 65 | €587 | €232 | -€355 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | -€37,696 | €72,709 | +€110,406 | |
| Income taxes | 67/77 | - | €9,666 | +€9,666 | |
| Profit (loss) for the period | 9904 | -€37,696 | €63,043 | +€100,739 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,696 | €63,043 | +€100,739 |
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 11 October 2026 via checked.be.