ARDENTIS: 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.
ARDENTIS
Largest movements
- Tangible fixed assets +€241,306
new in 2025: €241,306
- Receivables within one year -€216,253
down €216,253 (-80.0%), from €270,373 to €54,119
- Stocks and contracts -€50,136
down €50,136 (-84.8%), from €59,136 to €9,000
- Cash +€12,527
up €12,527 (+13.3%), from €94,308 to €106,835
mainly Receivables within one year (+€216,253) and Stocks and contracts (+€50,136)
- Profit (loss) carried forward -€12,556
down €12,556 (-8.4%), from €148,819 to €136,263
- Gross operating margin -€34,560
down €34,560, from €18,517 to -€16,043
- Taxes -€5,327
no longer reported in 2025 (was €5,327)
- Financial income +€698
up €698 (+19.3%), from €3,617 to €4,314
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 | €423,819 | €411,263 | -€12,556 | -3.0% |
| Fixed assets | 21/28 | - | €241,306 | +€241,306 | |
| Tangible fixed assets | 22/27 | - | €241,306 | +€241,306 | |
| Land and buildings | 22 | - | €241,306 | +€241,306 | |
| Current assets | 29/58 | €423,819 | €169,956 | -€253,862 | -59.9% |
| Stocks and contracts in progress | 3 | €59,136 | €9,000 | -€50,136 | -84.8% |
| Stocks | 30/36 | €59,136 | €9,000 | -€50,136 | -84.8% |
| Amounts receivable within one year | 40/41 | €270,373 | €54,119 | -€216,253 | -80.0% |
| Other amounts receivable | 41 | €270,373 | €54,119 | -€216,253 | -80.0% |
| Current investments | 50/53 | €2 | €2 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €94,308 | €106,835 | +€12,527 | +13.3% |
| Total equity and liabilities | 10/49 | €423,819 | €411,263 | -€12,556 | -3.0% |
| Equity | 10/15 | €423,819 | €411,263 | -€12,556 | -3.0% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,819 | €136,263 | -€12,556 | -8.4% |
| Other operating charges | 640/8 | €469 | €472 | +€3 | +0.7% |
| Gross operating margin | 9900 | €18,517 | -€16,043 | -€34,560 | |
| Operating profit (loss) | 9901 | €18,048 | -€16,515 | -€34,563 | |
| Financial income | 75/76B | €3,617 | €4,314 | +€698 | +19.3% |
| Recurring financial income | 75 | €3,617 | €4,314 | +€698 | +19.3% |
| Financial charges | 65/66B | €355 | €355 | +€0 | 0.0% |
| Recurring financial charges | 65 | €355 | €355 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €21,309 | -€12,556 | -€33,865 | |
| Income taxes | 67/77 | €5,327 | - | -€5,327 | |
| Profit (loss) for the period | 9904 | €15,982 | -€12,556 | -€28,538 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,982 | -€12,556 | -€28,538 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.