ARDA CONSTRUCTION: 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.
ARDA CONSTRUCTION
Largest movements
- Cash +€37,030
up €37,030 (+147.4%), from €25,127 to €62,156
mainly Net result for the year (+€33,569) and Depreciation (+€6,074)
- Receivables within one year +€6,479
up €6,479 (+21.0%), from €30,787 to €37,267
of which Other amounts receivable: +€12,394
- Tangible fixed assets -€3,420
down €3,420 (-25.8%), from €13,254 to €9,834
of which Furniture and vehicles: -€3,199
- Deferred charges and accrued income +€2,895
up €2,895 (+116.9%), from €2,477 to €5,372
- Reserves +€33,569
up €33,569 (+142.5%), from €23,558 to €57,127
- Tax, wage and social debts +€3,552
up €3,552 (+13.5%), from €26,220 to €29,772
of which Taxes: +€5,617
- Accrued charges and deferred income +€3,449
new in 2025: €3,449
- Trade debts +€2,414
up €2,414 (+12.8%), from €18,868 to €21,282
- Gross operating margin +€93,794
up €93,794 (+65.1%), from €144,172 to €237,966
- Staff costs +€57,789
up €57,789 (+48.3%), from €119,763 to €177,552
- Taxes +€9,067
up €9,067 (+183.0%), from €4,954 to €14,021
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 | €71,646 | €114,630 | +€42,984 | +60.0% |
| Fixed assets | 21/28 | €13,254 | €9,834 | -€3,420 | -25.8% |
| Tangible fixed assets | 22/27 | €13,254 | €9,834 | -€3,420 | -25.8% |
| Plant, machinery and equipment | 23 | €3,974 | €3,753 | -€221 | -5.6% |
| Furniture and vehicles | 24 | €9,281 | €6,082 | -€3,199 | -34.5% |
| Current assets | 29/58 | €58,391 | €104,795 | +€46,404 | +79.5% |
| Amounts receivable within one year | 40/41 | €30,787 | €37,267 | +€6,479 | +21.0% |
| Trade receivables | 40 | €11,425 | €5,510 | -€5,915 | -51.8% |
| Other amounts receivable | 41 | €19,362 | €31,757 | +€12,394 | +64.0% |
| Cash at bank and in hand | 54/58 | €25,127 | €62,156 | +€37,030 | +147.4% |
| Deferred charges and accrued income | 490/1 | €2,477 | €5,372 | +€2,895 | +116.9% |
| Total equity and liabilities | 10/49 | €71,646 | €114,630 | +€42,984 | +60.0% |
| Equity | 10/15 | €26,558 | €60,127 | +€33,569 | +126.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €23,558 | €57,127 | +€33,569 | +142.5% |
| Distributable reserves | 133 | €23,558 | €57,127 | +€33,569 | +142.5% |
| Amounts payable | 17/49 | €45,088 | €54,503 | +€9,415 | +20.9% |
| Amounts payable within one year | 42/48 | €45,088 | €51,054 | +€5,966 | +13.2% |
| Trade debts | 44 | €18,868 | €21,282 | +€2,414 | +12.8% |
| Suppliers | 440/4 | €18,868 | €21,282 | +€2,414 | +12.8% |
| Taxes, remuneration and social security | 45 | €26,220 | €29,772 | +€3,552 | +13.5% |
| Taxes | 450/3 | €8,404 | €14,021 | +€5,617 | +66.8% |
| Remuneration and social security | 454/9 | €17,815 | €15,751 | -€2,064 | -11.6% |
| Accrued charges and deferred income | 492/3 | - | €3,449 | +€3,449 | |
| Remuneration, social security and pensions | 62 | €119,763 | €177,552 | +€57,789 | +48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,699 | €6,074 | +€1,374 | +29.2% |
| Other operating charges | 640/8 | €1,189 | €2,859 | +€1,670 | +140.4% |
| Gross operating margin | 9900 | €144,172 | €237,966 | +€93,794 | +65.1% |
| Operating profit (loss) | 9901 | €18,520 | €51,481 | +€32,961 | +178.0% |
| Financial income | 75/76B | €1,328 | €870 | -€459 | -34.5% |
| Recurring financial income | 75 | €1,328 | €870 | -€459 | -34.5% |
| Financial charges | 65/66B | €4,166 | €4,761 | +€595 | +14.3% |
| Recurring financial charges | 65 | €4,166 | €4,761 | +€595 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €15,683 | €47,590 | +€31,907 | +203.5% |
| Income taxes | 67/77 | €4,954 | €14,021 | +€9,067 | +183.0% |
| Profit (loss) for the period | 9904 | €10,729 | €33,569 | +€22,840 | +212.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,729 | €33,569 | +€22,840 | +212.9% |
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 1 October 2026 via checked.be.