Aardling Belgium: 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.
Aardling Belgium
Largest movements
- Cash +€269,676
up €269,676 (+559%), from €48,262 to €317,938
mainly Accrued charges and deferred income (+€400,491) and Net result for the year (+€151,518)
- Deferred charges and accrued income +€238,731
up €238,731 (+361%), from €66,116 to €304,847
- Receivables within one year +€95,277
up €95,277 (+113%), from €84,033 to €179,310
of which Trade receivables: +€157,134
- Current investments -€16,936
down €16,936 (-10.0%), from €170,021 to €153,084
- Accrued charges and deferred income +€400,491
new in 2025: €400,491
- Profit (loss) carried forward +€151,518
up €151,518 (+46.9%), from €322,965 to €474,483
- Tax, wage and social debts +€59,843
up €59,843 (+118,736%), from €50 to €59,893
- Trade debts -€28,113
down €28,113 (-72.5%), from €38,765 to €10,652
- Gross operating margin +€194,843
up €194,843 (+2,844%), from €6,851 to €201,694
- Taxes +€19,477
up €19,477 (+139%), from €14,045 to €33,522
- Financial charges -€4,570
down €4,570 (-26.2%), from €17,446 to €12,877
- Financial income +€2,075
new in 2025: €2,075
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 | €378,765 | €961,862 | +€583,096 | +154% |
| Fixed assets | 21/28 | €10,335 | €6,683 | -€3,652 | -35.3% |
| Intangible fixed assets | 21 | €4,934 | €1,907 | -€3,027 | -61.3% |
| Tangible fixed assets | 22/27 | €4,501 | €3,876 | -€625 | -13.9% |
| Land and buildings | 22 | €1,898 | €1,396 | -€502 | -26.4% |
| Furniture and vehicles | 24 | €2,603 | €2,480 | -€123 | -4.7% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €368,431 | €955,179 | +€586,748 | +159% |
| Amounts receivable within one year | 40/41 | €84,033 | €179,310 | +€95,277 | +113% |
| Trade receivables | 40 | €19,230 | €176,364 | +€157,134 | +817% |
| Other amounts receivable | 41 | €64,803 | €2,946 | -€61,857 | -95.5% |
| Current investments | 50/53 | €170,021 | €153,084 | -€16,936 | -10.0% |
| Cash at bank and in hand | 54/58 | €48,262 | €317,938 | +€269,676 | +559% |
| Deferred charges and accrued income | 490/1 | €66,116 | €304,847 | +€238,731 | +361% |
| Total equity and liabilities | 10/49 | €378,765 | €961,862 | +€583,096 | +154% |
| Equity | 10/15 | €331,025 | €482,543 | +€151,518 | +45.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €322,965 | €474,483 | +€151,518 | +46.9% |
| Amounts payable | 17/49 | €47,740 | €479,318 | +€431,578 | +904% |
| Amounts payable within one year | 42/48 | €47,740 | €78,827 | +€31,087 | +65.1% |
| Financial debts | 43 | €5,643 | €5,925 | +€282 | +5.0% |
| Credit institutions | 430/8 | €5,643 | €5,925 | +€282 | +5.0% |
| Trade debts | 44 | €38,765 | €10,652 | -€28,113 | -72.5% |
| Suppliers | 440/4 | €38,765 | €10,652 | -€28,113 | -72.5% |
| Taxes, remuneration and social security | 45 | €50 | €59,893 | +€59,843 | +118,736% |
| Taxes | 450/3 | €50 | €59,893 | +€59,843 | +118,736% |
| Other amounts payable | 47/48 | €3,282 | €2,357 | -€924 | -28.2% |
| Accrued charges and deferred income | 492/3 | - | €400,491 | +€400,491 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,190 | €5,338 | -€851 | -13.8% |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | €6,851 | €201,694 | +€194,843 | +2,844% |
| Operating profit (loss) | 9901 | €161 | €195,842 | +€195,681 | +121,262% |
| Financial income | 75/76B | - | €2,075 | +€2,075 | |
| Recurring financial income | 75 | - | €2,075 | +€2,075 | |
| Financial charges | 65/66B | €17,446 | €12,877 | -€4,570 | -26.2% |
| Recurring financial charges | 65 | €17,446 | €12,877 | -€4,570 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,285 | €185,041 | +€202,326 | |
| Income taxes | 67/77 | €14,045 | €33,522 | +€19,477 | +139% |
| Profit (loss) for the period | 9904 | -€31,330 | €151,518 | +€182,848 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,330 | €151,518 | +€182,848 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.