ARDENNE-AGRO: 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.
ARDENNE-AGRO
Largest movements
- Cash -€5,577
down €5,577 (-45.8%), from €12,170 to €6,594
mainly Net result for the year (-€8,394) and Other debts (-€200)
- Tangible fixed assets -€1,271
down €1,271 (-7.6%), from €16,775 to €15,504
- Profit (loss) carried forward -€8,394
down €8,394 (-14.1%), from -€59,535 to -€67,929
- Trade debts +€1,746
up €1,746 (+110%), from €1,593 to €3,339
- Gross operating margin -€1,226
down €1,226 (-30.2%), from -€4,061 to -€5,287
- Depreciation -€254
down €254 (-16.7%), from €1,525 to €1,271
- Other operating charges -€70
down €70 (-4.1%), from €1,718 to €1,648
- Financial charges -€63
down €63 (-22.0%), from €288 to €225
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.
Derived cash bridge
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 | €28,945 | €22,098 | -€6,847 | -23.7% |
| Fixed assets | 21/28 | €16,775 | €15,504 | -€1,271 | -7.6% |
| Tangible fixed assets | 22/27 | €16,775 | €15,504 | -€1,271 | -7.6% |
| Land and buildings | 22 | €16,775 | €15,504 | -€1,271 | -7.6% |
| Current assets | 29/58 | €12,170 | €6,594 | -€5,577 | -45.8% |
| Cash at bank and in hand | 54/58 | €12,170 | €6,594 | -€5,577 | -45.8% |
| Total equity and liabilities | 10/49 | €28,945 | €22,098 | -€6,847 | -23.7% |
| Equity | 10/15 | €26,734 | €18,340 | -€8,394 | -31.4% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €61,469 | €61,469 | = | 0.0% |
| Non-distributable reserves | 130/1 | €57,777 | €57,777 | = | 0.0% |
| Other | 1319 | €57,777 | €57,777 | = | 0.0% |
| Distributable reserves | 133 | €3,692 | €3,692 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,535 | -€67,929 | -€8,394 | -14.1% |
| Amounts payable | 17/49 | €2,211 | €3,757 | +€1,546 | +69.9% |
| Amounts payable within one year | 42/48 | €2,211 | €3,757 | +€1,546 | +69.9% |
| Trade debts | 44 | €1,593 | €3,339 | +€1,746 | +110% |
| Suppliers | 440/4 | €1,593 | €3,339 | +€1,746 | +110% |
| Other amounts payable | 47/48 | €618 | €418 | -€200 | -32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,525 | €1,271 | -€254 | -16.7% |
| Other operating charges | 640/8 | €1,718 | €1,648 | -€70 | -4.1% |
| Gross operating margin | 9900 | -€4,061 | -€5,287 | -€1,226 | -30.2% |
| Operating profit (loss) | 9901 | -€7,304 | -€8,206 | -€902 | -12.4% |
| Financial income | 75/76B | €52 | €37 | -€15 | -29.3% |
| Recurring financial income | 75 | €52 | €37 | -€15 | -29.3% |
| Financial charges | 65/66B | €288 | €225 | -€63 | -22.0% |
| Recurring financial charges | 65 | €288 | €225 | -€63 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,540 | -€8,394 | -€854 | -11.3% |
| Profit (loss) for the period | 9904 | -€7,540 | -€8,394 | -€854 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,540 | -€8,394 | -€854 | -11.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.