ARDANZA CRISTOBAL: what changed
ARDANZA CRISTOBAL
Largest movements
- Cash +€13,063
up €13,063 (+16.7%), from €78,371 to €91,434
mainly Other debts (+€32,450) and Net result for the year (+€31,013)
- Tangible fixed assets -€6,527
down €6,527 (-26.2%), from €24,910 to €18,383
- Receivables within one year -€4,286
down €4,286 (-58.4%), from €7,338 to €3,052
- Deferred charges and accrued income -€2,987
down €2,987 (-41.3%), from €7,226 to €4,240
- Other debts +€32,450
up €32,450 (+901%), from €3,602 to €36,052
- Reserves -€21,485
down €21,485 (-27.1%), from €79,187 to €57,702
- Profit (loss) carried forward -€16,506
no longer reported in 2025 (was €16,506)
- Tax, wage and social debts +€4,652
new in 2025: €4,652
- Gross operating margin +€16,994
up €16,994 (+51.8%), from €32,830 to €49,823
- Taxes +€4,286
up €4,286 (+55.9%), from €7,662 to €11,948
- Other operating charges -€1,280
down €1,280 (-96.6%), from €1,325 to €45
- Depreciation -€692
down €692 (-9.6%), from €7,219 to €6,527
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,845 | €117,109 | -€736 | -0.6% |
| Fixed assets | 21/28 | €24,910 | €18,383 | -€6,527 | -26.2% |
| Tangible fixed assets | 22/27 | €24,910 | €18,383 | -€6,527 | -26.2% |
| Furniture and vehicles | 24 | €24,910 | €18,383 | -€6,527 | -26.2% |
| Current assets | 29/58 | €92,935 | €98,726 | +€5,791 | +6.2% |
| Amounts receivable within one year | 40/41 | €7,338 | €3,052 | -€4,286 | -58.4% |
| Other amounts receivable | 41 | €7,338 | €3,052 | -€4,286 | -58.4% |
| Cash at bank and in hand | 54/58 | €78,371 | €91,434 | +€13,063 | +16.7% |
| Deferred charges and accrued income | 490/1 | €7,226 | €4,240 | -€2,987 | -41.3% |
| Total equity and liabilities | 10/49 | €117,845 | €117,109 | -€736 | -0.6% |
| Equity | 10/15 | €114,243 | €76,252 | -€37,991 | -33.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €79,187 | €57,702 | -€21,485 | -27.1% |
| Distributable reserves | 133 | €79,187 | €57,702 | -€21,485 | -27.1% |
| Profit (loss) carried forward | 14 | €16,506 | - | -€16,506 | |
| Amounts payable | 17/49 | €3,602 | €40,857 | +€37,254 | +1,034% |
| Amounts payable within one year | 42/48 | €3,602 | €40,857 | +€37,254 | +1,034% |
| Trade debts | 44 | - | €152 | +€152 | |
| Suppliers | 440/4 | - | €152 | +€152 | |
| Taxes, remuneration and social security | 45 | - | €4,652 | +€4,652 | |
| Taxes | 450/3 | - | €4,652 | +€4,652 | |
| Other amounts payable | 47/48 | €3,602 | €36,052 | +€32,450 | +901% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,219 | €6,527 | -€692 | -9.6% |
| Other operating charges | 640/8 | €1,325 | €45 | -€1,280 | -96.6% |
| Gross operating margin | 9900 | €32,830 | €49,823 | +€16,994 | +51.8% |
| Operating profit (loss) | 9901 | €24,285 | €43,251 | +€18,966 | +78.1% |
| Financial charges | 65/66B | €117 | €290 | +€173 | +148% |
| Recurring financial charges | 65 | €117 | €290 | +€173 | +148% |
| Profit (loss) for the period before taxes | 9903 | €24,168 | €42,961 | +€18,793 | +77.8% |
| Income taxes | 67/77 | €7,662 | €11,948 | +€4,286 | +55.9% |
| Profit (loss) for the period | 9904 | €16,506 | €31,013 | +€14,507 | +87.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,506 | €31,013 | +€14,507 | +87.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.