Ardennes Urbanisation BV: what changed
What changed
Ardennes Urbanisation BV
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€12,400
2024 · -€10,124-€2,276
Equity
-€34,759
2024 · -€22,359-€12,400
Cash
€3,124
2024 · €8,687-€5,563
Balance sheet total
€1.9m
2024 · €1.9m+€26,626
Largest movements
Assets
- Stocks and contracts +€27,937
up €27,937 (+2.0%), from €1.4m to €1.5m
Equity and liabilities
- Other debts +€97,400
up €97,400 (+41.7%), from €233,379 to €330,779
- Trade debts -€58,374
down €58,374 (-92.9%), from €62,849 to €4,475
Income statement
- Gross operating margin -€2,056
down €2,056 (-41.5%), from -€4,949 to -€7,005
- Other operating charges +€241
up €241 (+16.3%), from €1,480 to €1,721
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€10,124
Gross operating margin
-€2,056
Other operating charges
-€241
Financial income
+€0
Financial charges
+€21
Result 2025
-€12,400
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€5,563
Investment
€0
Financing
€0
Cash 2024
€8,687
From operations (derived)
-€5,563
Net result for the year
-€12,400
Stocks and contracts
-€27,937
Receivables within one year
-€4,253
Trade debts
-€58,374
Other debts
+€97,400
Cash 2025
€3,124
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,853,870 | €1,880,496 | +€26,626 | +1.4% |
| Fixed assets | 21/28 | €375,000 | €375,000 | = | 0.0% |
| Financial fixed assets | 28 | €375,000 | €375,000 | = | 0.0% |
| Current assets | 29/58 | €1,478,870 | €1,505,496 | +€26,626 | +1.8% |
| Stocks and contracts in progress | 3 | €1,431,587 | €1,459,524 | +€27,937 | +2.0% |
| Stocks | 30/36 | €1,431,587 | €1,459,524 | +€27,937 | +2.0% |
| Amounts receivable within one year | 40/41 | €38,596 | €42,849 | +€4,253 | +11.0% |
| Other amounts receivable | 41 | €38,596 | €42,849 | +€4,253 | +11.0% |
| Cash at bank and in hand | 54/58 | €8,687 | €3,124 | -€5,563 | -64.0% |
| Total equity and liabilities | 10/49 | €1,853,870 | €1,880,496 | +€26,626 | +1.4% |
| Equity | 10/15 | -€22,359 | -€34,759 | -€12,400 | -55.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,359 | -€39,759 | -€12,400 | -45.3% |
| Amounts payable | 17/49 | €1,876,229 | €1,915,255 | +€39,026 | +2.1% |
| Amounts payable after more than one year | 17 | €1,580,000 | €1,580,000 | = | 0.0% |
| Financial debts | 170/4 | €1,580,000 | €1,580,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €296,229 | €335,255 | +€39,026 | +13.2% |
| Trade debts | 44 | €62,849 | €4,475 | -€58,374 | -92.9% |
| Suppliers | 440/4 | €62,849 | €4,475 | -€58,374 | -92.9% |
| Other amounts payable | 47/48 | €233,379 | €330,779 | +€97,400 | +41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,480 | €1,721 | +€241 | +16.3% |
| Gross operating margin | 9900 | -€4,949 | -€7,005 | -€2,056 | -41.5% |
| Operating profit (loss) | 9901 | -€6,429 | -€8,726 | -€2,297 | -35.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €3,695 | €3,674 | -€21 | -0.6% |
| Recurring financial charges | 65 | €3,695 | €3,674 | -€21 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,124 | -€12,400 | -€2,276 | -22.5% |
| Profit (loss) for the period | 9904 | -€10,124 | -€12,400 | -€2,276 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,124 | -€12,400 | -€2,276 | -22.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.