Ardenner Grenzmarkt: 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.
What changed
Ardenner Grenzmarkt
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€55,662
2024 · €50,217+€5,445
Equity
€677,514
2024 · €761,852-€84,338
Cash
€201,184
2024 · €316,715-€115,531
Balance sheet total
€1.1m
2024 · €1.3m-€127,142
Largest movements
Assets
- Cash -€115,531
down €115,531 (-36.5%), from €316,715 to €201,184
mainly Contributions, distributions and other (-€140,000) and Short-term financial debts (-€50,000)
- Tangible fixed assets -€28,998
down €28,998 (-27.5%), from €105,287 to €76,288
of which Plant, machinery and equipment: -€17,622
Equity and liabilities
- Profit (loss) carried forward -€84,338
down €84,338 (-14.1%), from €596,852 to €512,514
- Short-term financial debts -€50,000
down €50,000 (-100%), from €50,000 to €0
Income statement
- Gross operating margin -€28,212
down €28,212 (-6.9%), from €410,715 to €382,504
- Staff costs -€21,844
down €21,844 (-7.9%), from €276,332 to €254,488
- Depreciation -€6,166
down €6,166 (-17.5%), from €35,165 to €28,998
- Financial charges -€4,387
down €4,387 (-43.7%), from €10,037 to €5,649
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.
Result 2024
€50,217
Gross operating margin
-€28,212
Staff costs
+€21,844
Depreciation
+€6,166
Other operating charges
-€594
Other operating items
+€3,079
Financial income
-€2,156
Financial charges
+€4,387
Taxes
+€931
Result 2025
€55,662
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€76,769
Investment
€0
Financing
-€192,301
Cash 2024
€316,715
From operations (derived)
+€76,769
Net result for the year
+€55,662
Depreciation
+€28,998
Stocks and contracts
-€10,503
Receivables within one year
-€6,830
Smaller working-capital items
-€100
Trade debts
+€11,843
Tax, wage and social debts
-€2,301
Financing
-€192,301
Current portion of long-term debt
-€2,301
Short-term financial debts
-€50,000
Contributions, distributions and other
-€140,000
Cash 2025
€201,184
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,272,930 | €1,145,788 | -€127,142 | -10.0% |
| Fixed assets | 21/28 | €695,340 | €666,342 | -€28,998 | -4.2% |
| Tangible fixed assets | 22/27 | €105,287 | €76,288 | -€28,998 | -27.5% |
| Land and buildings | 22 | €50,722 | €39,346 | -€11,377 | -22.4% |
| Plant, machinery and equipment | 23 | €54,565 | €36,943 | -€17,622 | -32.3% |
| Financial fixed assets | 28 | €590,054 | €590,054 | = | 0.0% |
| Current assets | 29/58 | €577,589 | €479,446 | -€98,143 | -17.0% |
| Stocks and contracts in progress | 3 | €239,401 | €249,905 | +€10,503 | +4.4% |
| Stocks | 30/36 | €239,401 | €249,905 | +€10,503 | +4.4% |
| Amounts receivable within one year | 40/41 | €20,192 | €27,021 | +€6,830 | +33.8% |
| Trade receivables | 40 | €10,603 | €18,674 | +€8,071 | +76.1% |
| Other amounts receivable | 41 | €9,589 | €8,347 | -€1,242 | -13.0% |
| Cash at bank and in hand | 54/58 | €316,715 | €201,184 | -€115,531 | -36.5% |
| Deferred charges and accrued income | 490/1 | €1,281 | €1,336 | +€56 | +4.3% |
| Total equity and liabilities | 10/49 | €1,272,930 | €1,145,788 | -€127,142 | -10.0% |
| Equity | 10/15 | €761,852 | €677,514 | -€84,338 | -11.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €596,852 | €512,514 | -€84,338 | -14.1% |
| Amounts payable | 17/49 | €511,078 | €468,274 | -€42,803 | -8.4% |
| Amounts payable after more than one year | 17 | €101,000 | €101,000 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €101,000 | €101,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €410,033 | €367,274 | -€42,759 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €2,301 | €0 | -€2,301 | -100% |
| Financial debts | 43 | €50,000 | €0 | -€50,000 | -100% |
| Credit institutions | 430/8 | €50,000 | €0 | -€50,000 | -100% |
| Trade debts | 44 | €304,775 | €316,618 | +€11,843 | +3.9% |
| Suppliers | 440/4 | €304,775 | €316,618 | +€11,843 | +3.9% |
| Taxes, remuneration and social security | 45 | €52,957 | €50,656 | -€2,301 | -4.3% |
| Taxes | 450/3 | €29,511 | €22,322 | -€7,188 | -24.4% |
| Remuneration and social security | 454/9 | €23,447 | €28,334 | +€4,888 | +20.8% |
| Accrued charges and deferred income | 492/3 | €44 | €0 | -€44 | -100% |
| Non-recurring operating income | 76A | €0 | €1,026 | +€1,026 | |
| Remuneration, social security and pensions | 62 | €276,332 | €254,488 | -€21,844 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,165 | €28,998 | -€6,166 | -17.5% |
| Other operating charges | 640/8 | €20,393 | €20,987 | +€594 | +2.9% |
| Non-recurring operating charges | 66A | €3,079 | €0 | -€3,079 | -100% |
| Gross operating margin | 9900 | €410,715 | €382,504 | -€28,212 | -6.9% |
| Operating profit (loss) | 9901 | €75,747 | €78,030 | +€2,283 | +3.0% |
| Financial income | 75/76B | €6,093 | €3,937 | -€2,156 | -35.4% |
| Recurring financial income | 75 | €6,093 | €3,937 | -€2,156 | -35.4% |
| Financial charges | 65/66B | €10,037 | €5,649 | -€4,387 | -43.7% |
| Recurring financial charges | 65 | €10,037 | €5,649 | -€4,387 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | €71,804 | €76,318 | +€4,514 | +6.3% |
| Income taxes | 67/77 | €21,587 | €20,656 | -€931 | -4.3% |
| Profit (loss) for the period | 9904 | €50,217 | €55,662 | +€5,445 | +10.8% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €50,217 | €55,662 | +€5,445 | +10.8% |
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 24 October 2026 via checked.be.