ARDENNES CONSEILS: 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 CONSEILS
Largest movements
- Receivables within one year -€3,546
down €3,546 (-13.5%), from €26,323 to €22,777
- Tangible fixed assets -€3,265
down €3,265 (-4.6%), from €70,827 to €67,562
- Cash -€2,942
no longer reported in 2019 (was €2,942)
mainly Net result for the year (-€6,194) and Debts after one year (-€4,666)
- Profit (loss) carried forward -€6,194
down €6,194 (-6.5%), from -€94,665 to -€100,859
- Debts after one year -€4,666
down €4,666 (-6.6%), from €70,279 to €65,613
- Debts within one year +€1,107
up €1,107 (+0.9%), from €118,251 to €119,358
- Gross operating margin +€5,106
up €5,106 (+88.7%), from -€5,753 to -€647
- Turnover -€4,640
down €4,640 (-60.2%), from €7,704 to €3,064
- Depreciation -€3,749
down €3,749 (-53.4%), from €7,014 to €3,265
From the 2018 result to the 2019 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 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,682 | €90,929 | -€9,753 | -9.7% |
| Fixed assets | 21/28 | €70,827 | €67,562 | -€3,265 | -4.6% |
| Tangible fixed assets | 22/27 | €70,827 | €67,562 | -€3,265 | -4.6% |
| Current assets | 29/58 | €29,855 | €23,367 | -€6,488 | -21.7% |
| Stocks and contracts in progress | 3 | €590 | €590 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,323 | €22,777 | -€3,546 | -13.5% |
| Cash at bank and in hand | 54/58 | €2,942 | - | -€2,942 | |
| Total equity and liabilities | 10/49 | €100,682 | €90,929 | -€9,753 | -9.7% |
| Equity | 10/15 | -€87,848 | -€94,042 | -€6,194 | -7.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,665 | -€100,859 | -€6,194 | -6.5% |
| Amounts payable | 17/49 | €188,530 | €184,971 | -€3,559 | -1.9% |
| Amounts payable after more than one year | 17 | €70,279 | €65,613 | -€4,666 | -6.6% |
| Amounts payable within one year | 42/48 | €118,251 | €119,358 | +€1,107 | +0.9% |
| Trade debts | 44 | €4,615 | €4,075 | -€541 | -11.7% |
| Turnover | 70 | €7,704 | €3,064 | -€4,640 | -60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,014 | €3,265 | -€3,749 | -53.4% |
| Gross operating margin | 9900 | -€5,753 | -€647 | +€5,106 | +88.7% |
| Operating profit (loss) | 9901 | -€15,103 | -€5,885 | +€9,218 | +61.0% |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Recurring financial charges | 65 | €2,151 | €1,967 | -€184 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,254 | -€6,194 | +€9,060 | +59.4% |
| Profit (loss) for the period | 9904 | -€15,254 | -€6,194 | +€9,060 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,254 | -€6,194 | +€9,060 | +59.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.