ARD motors: what changed
ARD motors
Largest movements
- Receivables within one year +€10,326
up €10,326 (+103%), from €10,070 to €20,396
of which Trade receivables: +€5,696
- Tangible fixed assets -€6,000
down €6,000 (-95.5%), from €6,279 to €279
- Stocks and contracts -€5,656
no longer reported in 2024 (was €5,656)
- Cash +€359
up €359 (+133%), from €269 to €627
mainly Net result for the year (+€9,164) and Depreciation (+€6,000)
- Profit (loss) carried forward +€9,164
up €9,164 (+212%), from €4,323 to €13,488
- Advances received -€5,000
no longer reported in 2024 (was €5,000)
- Trade debts -€2,809
down €2,809 (-65.1%), from €4,315 to €1,507
- Other debts -€2,236
no longer reported in 2024 (was €2,236)
- Depreciation -€5,721
down €5,721 (-48.8%), from €11,721 to €6,000
- Other operating charges +€1,737
new in 2024: €1,737
- Taxes +€1,236
up €1,236 (+114%), from €1,081 to €2,317
- Gross operating margin +€1,148
up €1,148 (+6.4%), from €17,872 to €19,020
- Financial charges -€558
down €558 (-74.7%), from €747 to €189
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 | €22,274 | €21,392 | -€882 | -4.0% |
| Fixed assets | 21/28 | €6,279 | €279 | -€6,000 | -95.5% |
| Tangible fixed assets | 22/27 | €6,279 | €279 | -€6,000 | -95.5% |
| Furniture and vehicles | 24 | €6,279 | €279 | -€6,000 | -95.5% |
| Current assets | 29/58 | €15,995 | €21,113 | +€5,118 | +32.0% |
| Stocks and contracts in progress | 3 | €5,656 | - | -€5,656 | |
| Stocks | 30/36 | €5,656 | - | -€5,656 | |
| Amounts receivable within one year | 40/41 | €10,070 | €20,396 | +€10,326 | +103% |
| Trade receivables | 40 | €10,070 | €15,767 | +€5,696 | +56.6% |
| Other amounts receivable | 41 | - | €4,629 | +€4,629 | |
| Cash at bank and in hand | 54/58 | €269 | €627 | +€359 | +133% |
| Deferred charges and accrued income | 490/1 | - | €89 | +€89 | |
| Total equity and liabilities | 10/49 | €22,274 | €21,392 | -€882 | -4.0% |
| Equity | 10/15 | €7,323 | €16,488 | +€9,164 | +125% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,323 | €13,488 | +€9,164 | +212% |
| Amounts payable | 17/49 | €14,951 | €4,904 | -€10,046 | -67.2% |
| Amounts payable within one year | 42/48 | €14,951 | €4,904 | -€10,046 | -67.2% |
| Trade debts | 44 | €4,315 | €1,507 | -€2,809 | -65.1% |
| Suppliers | 440/4 | €4,315 | €1,507 | -€2,809 | -65.1% |
| Advances received on contracts in progress | 46 | €5,000 | - | -€5,000 | |
| Taxes, remuneration and social security | 45 | €3,400 | €3,398 | -€2 | -0.1% |
| Taxes | 450/3 | €3,400 | €3,398 | -€2 | -0.1% |
| Other amounts payable | 47/48 | €2,236 | - | -€2,236 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,721 | €6,000 | -€5,721 | -48.8% |
| Other operating charges | 640/8 | - | €1,737 | +€1,737 | |
| Gross operating margin | 9900 | €17,872 | €19,020 | +€1,148 | +6.4% |
| Operating profit (loss) | 9901 | €6,152 | €11,283 | +€5,131 | +83.4% |
| Financial income | 75/76B | - | €387 | +€387 | |
| Recurring financial income | 75 | - | €387 | +€387 | |
| Financial charges | 65/66B | €747 | €189 | -€558 | -74.7% |
| Recurring financial charges | 65 | €747 | €189 | -€558 | -74.7% |
| Profit (loss) for the period before taxes | 9903 | €5,404 | €11,481 | +€6,077 | +112% |
| Income taxes | 67/77 | €1,081 | €2,317 | +€1,236 | +114% |
| Profit (loss) for the period | 9904 | €4,323 | €9,164 | +€4,841 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €4,323 | €9,164 | +€4,841 | +112% |
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 2 November 2026 via checked.be.