ARDENNES CLEAN: 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.
ARDENNES CLEAN
Largest movements
- Receivables within one year -€33,829
down €33,829 (-95.8%), from €35,325 to €1,496
of which Trade receivables: -€35,325
- Cash +€10,029
up €10,029 (+186%), from €5,387 to €15,416
mainly Receivables within one year (+€33,829) and Net result for the year (+€9,104)
- Tangible fixed assets +€1,995
up €1,995 (+57.7%), from €3,460 to €5,454
of which Plant, machinery and equipment: +€3,077
- Deferred charges and accrued income +€949
new in 2025: €949
- Other debts -€35,412
down €35,412 (-59.1%), from €59,936 to €24,524
- Profit (loss) carried forward +€9,104
up €9,104 (+32.9%), from -€27,710 to -€18,605
- Trade debts +€3,503
up €3,503 (+207%), from €1,693 to €5,196
- Advances received +€1,921
new in 2025: €1,921
- Other operating charges -€4,183
down €4,183 (-88.4%), from €4,734 to €551
- Gross operating margin +€1,993
up €1,993 (+19.4%), from €10,265 to €12,258
- Depreciation -€1,505
down €1,505 (-37.8%), from €3,980 to €2,475
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 | €44,172 | €23,315 | -€20,857 | -47.2% |
| Fixed assets | 21/28 | €3,460 | €5,454 | +€1,995 | +57.7% |
| Tangible fixed assets | 22/27 | €3,460 | €5,454 | +€1,995 | +57.7% |
| Plant, machinery and equipment | 23 | €1,943 | €5,020 | +€3,077 | +158% |
| Furniture and vehicles | 24 | €1,517 | €434 | -€1,083 | -71.4% |
| Current assets | 29/58 | €40,713 | €17,861 | -€22,851 | -56.1% |
| Amounts receivable within one year | 40/41 | €35,325 | €1,496 | -€33,829 | -95.8% |
| Trade receivables | 40 | €35,325 | - | -€35,325 | |
| Other amounts receivable | 41 | - | €1,496 | +€1,496 | |
| Cash at bank and in hand | 54/58 | €5,387 | €15,416 | +€10,029 | +186% |
| Deferred charges and accrued income | 490/1 | - | €949 | +€949 | |
| Total equity and liabilities | 10/49 | €44,172 | €23,315 | -€20,857 | -47.2% |
| Equity | 10/15 | -€19,650 | -€10,545 | +€9,104 | +46.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,710 | -€18,605 | +€9,104 | +32.9% |
| Amounts payable | 17/49 | €63,822 | €33,861 | -€29,961 | -46.9% |
| Amounts payable within one year | 42/48 | €63,822 | €33,861 | -€29,961 | -46.9% |
| Trade debts | 44 | €1,693 | €5,196 | +€3,503 | +207% |
| Suppliers | 440/4 | €1,693 | €5,196 | +€3,503 | +207% |
| Advances received on contracts in progress | 46 | - | €1,921 | +€1,921 | |
| Taxes, remuneration and social security | 45 | €2,193 | €2,219 | +€27 | +1.2% |
| Taxes | 450/3 | €1,025 | €1,052 | +€27 | +2.6% |
| Remuneration and social security | 454/9 | €1,167 | €1,167 | = | 0.0% |
| Other amounts payable | 47/48 | €59,936 | €24,524 | -€35,412 | -59.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,980 | €2,475 | -€1,505 | -37.8% |
| Other operating charges | 640/8 | €4,734 | €551 | -€4,183 | -88.4% |
| Gross operating margin | 9900 | €10,265 | €12,258 | +€1,993 | +19.4% |
| Operating profit (loss) | 9901 | €1,551 | €9,232 | +€7,682 | +495% |
| Financial charges | 65/66B | €56 | €128 | +€72 | +128% |
| Recurring financial charges | 65 | €56 | €128 | +€72 | +128% |
| Profit (loss) for the period before taxes | 9903 | €1,494 | €9,104 | +€7,610 | +509% |
| Profit (loss) for the period | 9904 | €1,494 | €9,104 | +€7,610 | +509% |
| Profit (loss) for the period to be appropriated | 9905 | €1,494 | €9,104 | +€7,610 | +509% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.