Ardend: 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.
Ardend
Largest movements
- Receivables within one year -€27,020
down €27,020 (-79.7%), from €33,902 to €6,882
of which Trade receivables: -€15,675
- Tangible fixed assets -€12,339
down €12,339 (-24.4%), from €50,613 to €38,274
of which Furniture and vehicles: -€7,880
- Cash +€8,656
up €8,656 (+4.1%), from €212,962 to €221,618
mainly Other debts (+€61,640) and Receivables within one year (+€27,020)
- Reserves -€65,474
down €65,474 (-24.4%), from €267,851 to €202,377
of which Distributable reserves: -€65,474
- Other debts +€61,640
up €61,640 (+11,007%), from €560 to €62,200
- Profit (loss) carried forward -€14,497
new in 2023: -€14,497
- Tax, wage and social debts -€7,945
down €7,945 (-68.3%), from €11,640 to €3,695
of which Taxes: -€5,445
- Trade debts -€4,427
down €4,427 (-88.1%), from €5,026 to €599
- Gross operating margin -€64,931
down €64,931, from €64,426 to -€506
- Taxes -€14,418
down €14,418 (-97.2%), from €14,840 to €422
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €297,477 | €266,774 | -€30,703 | -10.3% |
| Fixed assets | 21/28 | €50,613 | €38,274 | -€12,339 | -24.4% |
| Tangible fixed assets | 22/27 | €50,613 | €38,274 | -€12,339 | -24.4% |
| Land and buildings | 22 | €42,413 | €38,168 | -€4,244 | -10.0% |
| Plant, machinery and equipment | 23 | €320 | €106 | -€214 | -66.8% |
| Furniture and vehicles | 24 | €7,880 | - | -€7,880 | |
| Current assets | 29/58 | €246,864 | €228,500 | -€18,364 | -7.4% |
| Amounts receivable within one year | 40/41 | €33,902 | €6,882 | -€27,020 | -79.7% |
| Trade receivables | 40 | €16,331 | €656 | -€15,675 | -96.0% |
| Other amounts receivable | 41 | €17,572 | €6,227 | -€11,345 | -64.6% |
| Cash at bank and in hand | 54/58 | €212,962 | €221,618 | +€8,656 | +4.1% |
| Total equity and liabilities | 10/49 | €297,477 | €266,774 | -€30,703 | -10.3% |
| Equity | 10/15 | €280,251 | €200,280 | -€79,971 | -28.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €267,851 | €202,377 | -€65,474 | -24.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €265,991 | €200,517 | -€65,474 | -24.6% |
| Profit (loss) carried forward | 14 | - | -€14,497 | -€14,497 | |
| Amounts payable | 17/49 | €17,226 | €66,494 | +€49,268 | +286% |
| Amounts payable within one year | 42/48 | €17,226 | €66,494 | +€49,268 | +286% |
| Trade debts | 44 | €5,026 | €599 | -€4,427 | -88.1% |
| Suppliers | 440/4 | €5,026 | €599 | -€4,427 | -88.1% |
| Taxes, remuneration and social security | 45 | €11,640 | €3,695 | -€7,945 | -68.3% |
| Taxes | 450/3 | €9,140 | €3,695 | -€5,445 | -59.6% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €560 | €62,200 | +€61,640 | +11,007% |
| Non-recurring operating income | 76A | €2,756 | €4,216 | +€1,460 | +53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,339 | €12,339 | -€0 | 0.0% |
| Other operating charges | 640/8 | €959 | €1,049 | +€90 | +9.3% |
| Gross operating margin | 9900 | €64,426 | -€506 | -€64,931 | |
| Operating profit (loss) | 9901 | €51,128 | -€13,893 | -€65,021 | |
| Financial charges | 65/66B | €210 | €182 | -€27 | -13.0% |
| Recurring financial charges | 65 | €210 | €182 | -€27 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €50,918 | -€14,075 | -€64,993 | |
| Income taxes | 67/77 | €14,840 | €422 | -€14,418 | -97.2% |
| Profit (loss) for the period | 9904 | €36,078 | -€14,497 | -€50,575 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,078 | -€14,497 | -€50,575 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.