AR'Dent: what changed
Two fiscal 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.
AR'Dent
Largest movements
- Cash +€34,010
up €34,010 (+67.9%), from €50,066 to €84,077
mainly Net result for the year (+€71,120) and Depreciation (+€16,726)
- Tangible fixed assets -€13,959
down €13,959 (-60.9%), from €22,937 to €8,978
- Receivables within one year -€11,272
no longer reported in 2025 (was €11,272)
of which Other amounts receivable: -€9,472
- Deferred charges and accrued income -€2,937
down €2,937 (-21.9%), from €13,396 to €10,459
- Other debts +€14,926
up €14,926 (+20.3%), from €73,550 to €88,475
- Profit (loss) carried forward -€13,880
down €13,880 (-93.1%), from €14,914 to €1,034
- Tax, wage and social debts +€10,452
new in 2025: €10,452
of which Taxes: +€8,000
- Current portion of long-term debt -€6,845
no longer reported in 2025 (was €6,845)
- Trade debts +€1,190
up €1,190 (+328.5%), from €362 to €1,552
- Gross operating margin +€26,295
up €26,295 (+25.9%), from €101,573 to €127,868
- Taxes +€23,659
up €23,659 (+169.0%), from €14,000 to €37,659
- Depreciation -€4,795
down €4,795 (-22.3%), from €21,520 to €16,726
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 | €97,671 | €103,514 | +€5,843 | +6.0% |
| Fixed assets | 21/28 | €22,937 | €8,978 | -€13,959 | -60.9% |
| Tangible fixed assets | 22/27 | €22,937 | €8,978 | -€13,959 | -60.9% |
| Furniture and vehicles | 24 | €22,937 | €8,978 | -€13,959 | -60.9% |
| Current assets | 29/58 | €74,734 | €94,536 | +€19,801 | +26.5% |
| Amounts receivable within one year | 40/41 | €11,272 | - | -€11,272 | |
| Trade receivables | 40 | €1,800 | - | -€1,800 | |
| Other amounts receivable | 41 | €9,472 | - | -€9,472 | |
| Cash at bank and in hand | 54/58 | €50,066 | €84,077 | +€34,010 | +67.9% |
| Deferred charges and accrued income | 490/1 | €13,396 | €10,459 | -€2,937 | -21.9% |
| Total equity and liabilities | 10/49 | €97,671 | €103,514 | +€5,843 | +6.0% |
| Equity | 10/15 | €16,914 | €3,034 | -€13,880 | -82.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,914 | €1,034 | -€13,880 | -93.1% |
| Amounts payable | 17/49 | €80,757 | €100,479 | +€19,722 | +24.4% |
| Amounts payable within one year | 42/48 | €80,757 | €100,479 | +€19,722 | +24.4% |
| Current portion of amounts payable after more than one year | 42 | €6,845 | - | -€6,845 | |
| Trade debts | 44 | €362 | €1,552 | +€1,190 | +328.5% |
| Suppliers | 440/4 | €362 | €1,552 | +€1,190 | +328.5% |
| Taxes, remuneration and social security | 45 | - | €10,452 | +€10,452 | |
| Taxes | 450/3 | - | €8,000 | +€8,000 | |
| Remuneration and social security | 454/9 | - | €2,452 | +€2,452 | |
| Other amounts payable | 47/48 | €73,550 | €88,475 | +€14,926 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,520 | €16,726 | -€4,795 | -22.3% |
| Other operating charges | 640/8 | €1,819 | €1,748 | -€70 | -3.9% |
| Gross operating margin | 9900 | €101,573 | €127,868 | +€26,295 | +25.9% |
| Operating profit (loss) | 9901 | €78,234 | €109,394 | +€31,160 | +39.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €496 | €614 | +€118 | +23.7% |
| Recurring financial charges | 65 | €496 | €614 | +€118 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | €77,738 | €108,780 | +€31,042 | +39.9% |
| Income taxes | 67/77 | €14,000 | €37,659 | +€23,659 | +169.0% |
| Profit (loss) for the period | 9904 | €63,738 | €71,120 | +€7,383 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €63,738 | €71,120 | +€7,383 | +11.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.