ARDEL CONSTRUCT: 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.
ARDEL CONSTRUCT
Largest movements
- Receivables within one year +€18,611
up €18,611 (+24.2%), from €76,858 to €95,469
of which Other amounts receivable: +€16,110
- Cash +€1,226
up €1,226 (+114%), from €1,078 to €2,304
mainly Net result for the year (+€16,880) and Trade debts (+€3,148)
- Profit (loss) carried forward +€16,880
up €16,880 (+26.2%), from €64,440 to €81,320
- Trade debts +€3,148
up €3,148 (+394%), from €800 to €3,948
- Depreciation -€4,500
no longer reported in 2024 (was €4,500)
- Taxes +€1,363
up €1,363 (+25.6%), from €5,328 to €6,691
- Other operating charges +€1,191
up €1,191 (+564%), from €211 to €1,402
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.
Derived cash bridge
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 | €78,756 | €98,718 | +€19,962 | +25.3% |
| Current assets | 29/58 | €78,756 | €98,718 | +€19,962 | +25.3% |
| Amounts receivable within one year | 40/41 | €76,858 | €95,469 | +€18,611 | +24.2% |
| Trade receivables | 40 | €8,600 | €11,101 | +€2,501 | +29.1% |
| Other amounts receivable | 41 | €68,258 | €84,368 | +€16,110 | +23.6% |
| Cash at bank and in hand | 54/58 | €1,078 | €2,304 | +€1,226 | +114% |
| Deferred charges and accrued income | 490/1 | €820 | €945 | +€125 | +15.2% |
| Total equity and liabilities | 10/49 | €78,756 | €98,718 | +€19,962 | +25.3% |
| Equity | 10/15 | €71,940 | €88,820 | +€16,880 | +23.5% |
| Contributions | 10/11 | €1,100 | €1,100 | = | 0.0% |
| Capital | 10 | €1,100 | €1,100 | = | 0.0% |
| Issued capital | 100 | - | €1,100 | +€1,100 | |
| Reserves | 13 | €6,400 | €6,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €6,400 | +€6,400 | |
| Legal reserve | 130 | - | €6,400 | +€6,400 | |
| Profit (loss) carried forward | 14 | €64,440 | €81,320 | +€16,880 | +26.2% |
| Amounts payable | 17/49 | €6,816 | €9,898 | +€3,082 | +45.2% |
| Amounts payable within one year | 42/48 | €6,816 | €9,898 | +€3,082 | +45.2% |
| Trade debts | 44 | €800 | €3,948 | +€3,148 | +394% |
| Suppliers | 440/4 | €800 | €3,948 | +€3,148 | +394% |
| Taxes, remuneration and social security | 45 | €6,016 | €5,950 | -€66 | -1.1% |
| Taxes | 450/3 | €6,016 | €5,950 | -€66 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,500 | - | -€4,500 | |
| Other operating charges | 640/8 | €211 | €1,402 | +€1,191 | +564% |
| Gross operating margin | 9900 | €25,318 | €25,094 | -€224 | -0.9% |
| Operating profit (loss) | 9901 | €20,607 | €23,692 | +€3,085 | +15.0% |
| Financial charges | 65/66B | €99 | €121 | +€22 | +22.2% |
| Recurring financial charges | 65 | €99 | €121 | +€22 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €20,508 | €23,571 | +€3,063 | +14.9% |
| Income taxes | 67/77 | €5,328 | €6,691 | +€1,363 | +25.6% |
| Profit (loss) for the period | 9904 | €15,180 | €16,880 | +€1,700 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,180 | €16,880 | +€1,700 | +11.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.