ARD Conception'S: 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.
ARD Conception'S
Largest movements
- Receivables within one year -€6,502
down €6,502 (-12.7%), from €51,209 to €44,706
of which Trade receivables: -€23,439
- Cash +€3,941
up €3,941 (+300.5%), from €1,311 to €5,253
mainly Net result for the year (+€38,755) and Receivables within one year (+€6,502)
- Tangible fixed assets -€2,023
down €2,023 (-45.1%), from €4,481 to €2,458
- Financial fixed assets -€1,850
down €1,850 (-45.7%), from €4,050 to €2,200
- Profit (loss) carried forward +€38,755
up €38,755 (+27.6%), from -€140,609 to -€101,854
- Other debts -€21,897
no longer reported in 2024 (was €21,897)
- Tax, wage and social debts -€11,564
down €11,564 (-95.9%), from €12,052 to €488
of which Remuneration and social security: -€10,669
- Trade debts -€7,817
down €7,817 (-12.7%), from €61,371 to €53,554
- Debts after one year -€5,792
down €5,792 (-64.4%), from €9,000 to €3,208
- Gross operating margin +€48,697
up €48,697 (+23.8%), from €204,637 to €253,334
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,920 | €55,797 | -€6,123 | -9.9% |
| Fixed assets | 21/28 | €8,531 | €4,658 | -€3,873 | -45.4% |
| Tangible fixed assets | 22/27 | €4,481 | €2,458 | -€2,023 | -45.1% |
| Furniture and vehicles | 24 | €4,481 | €2,458 | -€2,023 | -45.1% |
| Financial fixed assets | 28 | €4,050 | €2,200 | -€1,850 | -45.7% |
| Current assets | 29/58 | €53,388 | €51,138 | -€2,250 | -4.2% |
| Amounts receivable within one year | 40/41 | €51,209 | €44,706 | -€6,502 | -12.7% |
| Trade receivables | 40 | €46,833 | €23,394 | -€23,439 | -50.0% |
| Other amounts receivable | 41 | €4,376 | €21,313 | +€16,937 | +387.0% |
| Cash at bank and in hand | 54/58 | €1,311 | €5,253 | +€3,941 | +300.5% |
| Deferred charges and accrued income | 490/1 | €868 | €1,179 | +€311 | +35.8% |
| Total equity and liabilities | 10/49 | €61,920 | €55,797 | -€6,123 | -9.9% |
| Equity | 10/15 | -€79,209 | -€40,454 | +€38,755 | +48.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €49,000 | €49,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €49,000 | €49,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €49,000 | €49,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,609 | -€101,854 | +€38,755 | +27.6% |
| Amounts payable | 17/49 | €141,129 | €96,251 | -€44,878 | -31.8% |
| Amounts payable after more than one year | 17 | €9,000 | €3,208 | -€5,792 | -64.4% |
| Financial debts | 170/4 | €9,000 | €3,208 | -€5,792 | -64.4% |
| Amounts payable within one year | 42/48 | €132,129 | €93,043 | -€39,086 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €6,273 | +€273 | +4.6% |
| Financial debts | 43 | €29,997 | €32,727 | +€2,730 | +9.1% |
| Credit institutions | 430/8 | €29,997 | €32,727 | +€2,730 | +9.1% |
| Trade debts | 44 | €61,371 | €53,554 | -€7,817 | -12.7% |
| Suppliers | 440/4 | €61,371 | €53,554 | -€7,817 | -12.7% |
| Advances received on contracts in progress | 46 | €811 | €0 | -€811 | -100.0% |
| Taxes, remuneration and social security | 45 | €12,052 | €488 | -€11,564 | -95.9% |
| Taxes | 450/3 | €1,383 | €488 | -€895 | -64.7% |
| Remuneration and social security | 454/9 | €10,669 | - | -€10,669 | |
| Other amounts payable | 47/48 | €21,897 | - | -€21,897 | |
| Remuneration, social security and pensions | 62 | €200,262 | €199,507 | -€755 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,188 | €2,023 | +€835 | +70.3% |
| Other operating charges | 640/8 | €7,283 | €6,413 | -€870 | -11.9% |
| Non-recurring operating charges | 66A | €5,055 | €2,174 | -€2,881 | -57.0% |
| Gross operating margin | 9900 | €204,637 | €253,334 | +€48,697 | +23.8% |
| Operating profit (loss) | 9901 | -€9,151 | €43,217 | +€52,368 | |
| Financial charges | 65/66B | €4,658 | €4,224 | -€434 | -9.3% |
| Recurring financial charges | 65 | €4,658 | €4,224 | -€434 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,809 | €38,993 | +€52,802 | |
| Income taxes | 67/77 | €250 | €238 | -€12 | -4.9% |
| Profit (loss) for the period | 9904 | -€14,059 | €38,755 | +€52,814 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,059 | €38,755 | +€52,814 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.