ARDE HOLDING: what changed
Two financial 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.
ARDE HOLDING
Largest movements
- Receivables within one year -€226,367
down €226,367 (-11.2%), from €2.0m to €1.8m
- Other debts -€288,892
down €288,892 (-14.6%), from €2.0m to €1.7m
- Reserves +€44,498
up €44,498 (+175.1%), from €25,409 to €69,907
- Financial income +€24,492
up €24,492 (+28.9%), from €84,617 to €109,108
- Taxes +€6,593
up €6,593 (+71.3%), from €9,249 to €15,843
- Gross operating margin +€1,815
up €1,815 (+45.7%), from -€3,972 to -€2,157
- Financial charges +€1,035
up €1,035 (+2.3%), from €45,188 to €46,223
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 | €2,076,444 | €1,829,766 | -€246,679 | -11.9% |
| Fixed assets | 21/28 | €9,800 | €9,800 | = | 0.0% |
| Financial fixed assets | 28 | €9,800 | €9,800 | = | 0.0% |
| Current assets | 29/58 | €2,066,644 | €1,819,966 | -€246,679 | -11.9% |
| Amounts receivable within one year | 40/41 | €2,025,275 | €1,798,909 | -€226,367 | -11.2% |
| Other amounts receivable | 41 | €2,025,275 | €1,798,909 | -€226,367 | -11.2% |
| Cash at bank and in hand | 54/58 | €41,369 | €21,057 | -€20,312 | -49.1% |
| Total equity and liabilities | 10/49 | €2,076,444 | €1,829,766 | -€246,679 | -11.9% |
| Equity | 10/15 | €40,109 | €84,607 | +€44,498 | +110.9% |
| Contributions | 10/11 | €14,700 | €14,700 | = | 0.0% |
| Reserves | 13 | €25,409 | €69,907 | +€44,498 | +175.1% |
| Distributable reserves | 133 | €25,409 | €69,907 | +€44,498 | +175.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €2,036,335 | €1,745,159 | -€291,177 | -14.3% |
| Amounts payable within one year | 42/48 | €1,991,219 | €1,698,937 | -€292,282 | -14.7% |
| Trade debts | 44 | €505 | €522 | +€17 | +3.3% |
| Suppliers | 440/4 | €505 | €522 | +€17 | +3.3% |
| Taxes, remuneration and social security | 45 | €9,249 | €5,843 | -€3,407 | -36.8% |
| Taxes | 450/3 | €9,249 | €5,843 | -€3,407 | -36.8% |
| Other amounts payable | 47/48 | €1,981,465 | €1,692,573 | -€288,892 | -14.6% |
| Accrued charges and deferred income | 492/3 | €45,116 | €46,221 | +€1,105 | +2.4% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€3,972 | -€2,157 | +€1,815 | +45.7% |
| Operating profit (loss) | 9901 | -€4,357 | -€2,544 | +€1,812 | +41.6% |
| Financial income | 75/76B | €84,617 | €109,108 | +€24,492 | +28.9% |
| Recurring financial income | 75 | €84,617 | €109,108 | +€24,492 | +28.9% |
| Financial charges | 65/66B | €45,188 | €46,223 | +€1,035 | +2.3% |
| Recurring financial charges | 65 | €45,188 | €46,223 | +€1,035 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €35,072 | €60,341 | +€25,269 | +72.1% |
| Income taxes | 67/77 | €9,249 | €15,843 | +€6,593 | +71.3% |
| Profit (loss) for the period | 9904 | €25,822 | €44,498 | +€18,676 | +72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,822 | €44,498 | +€18,676 | +72.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.