ARDEOS SRL: what changed
Two fiscal 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.
ARDEOS SRL
Largest movements
- Cash +€1.2m
up €1.2m (+505.8%), from €246,805 to €1.5m
mainly Current investments (+€900,000) and Net result for the year (+€868,979)
- Current investments -€900,000
down €900,000 (-100.0%), from €900,000 to €0
- Receivables within one year -€158,030
down €158,030 (-66.4%), from €238,001 to €79,971
- Reserves +€849,156
up €849,156 (+146.1%), from €581,217 to €1.4m
- Other debts -€701,496
down €701,496 (-97.3%), from €721,319 to €19,824
- Trade debts +€52,024
up €52,024 (+491.4%), from €10,587 to €62,611
- Gross operating margin +€430,256
up €430,256 (+43.0%), from €1.0m to €1.4m
- Taxes +€94,678
up €94,678 (+46.8%), from €202,138 to €296,816
- Staff costs +€38,919
up €38,919 (+16.7%), from €233,155 to €272,074
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.
Cash bridge derived
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 | €1,405,841 | €1,599,600 | +€193,758 | +13.8% |
| Fixed assets | 21/28 | €7,295 | €13,693 | +€6,398 | +87.7% |
| Intangible fixed assets | 21 | - | €3,772 | +€3,772 | |
| Tangible fixed assets | 22/27 | €7,295 | €9,921 | +€2,626 | +36.0% |
| Furniture and vehicles | 24 | €6,706 | €9,513 | +€2,807 | +41.9% |
| Other tangible fixed assets | 26 | €589 | €408 | -€182 | -30.8% |
| Current assets | 29/58 | €1,398,546 | €1,585,907 | +€187,361 | +13.4% |
| Amounts receivable within one year | 40/41 | €238,001 | €79,971 | -€158,030 | -66.4% |
| Trade receivables | 40 | €238,001 | €79,971 | -€158,030 | -66.4% |
| Current investments | 50/53 | €900,000 | €0 | -€900,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €246,805 | €1,495,153 | +€1.2m | +505.8% |
| Deferred charges and accrued income | 490/1 | €13,740 | €10,784 | -€2,957 | -21.5% |
| Total equity and liabilities | 10/49 | €1,405,841 | €1,599,600 | +€193,758 | +13.8% |
| Equity | 10/15 | €587,417 | €1,436,573 | +€849,156 | +144.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €581,217 | €1,430,373 | +€849,156 | +146.1% |
| Distributable reserves | 133 | €581,217 | €1,430,373 | +€849,156 | +146.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €818,424 | €163,027 | -€655,397 | -80.1% |
| Amounts payable within one year | 42/48 | €813,270 | €160,872 | -€652,397 | -80.2% |
| Trade debts | 44 | €10,587 | €62,611 | +€52,024 | +491.4% |
| Suppliers | 440/4 | €10,587 | €62,611 | +€52,024 | +491.4% |
| Taxes, remuneration and social security | 45 | €81,363 | €78,437 | -€2,926 | -3.6% |
| Taxes | 450/3 | €39,932 | €26,141 | -€13,791 | -34.5% |
| Remuneration and social security | 454/9 | €41,431 | €52,297 | +€10,866 | +26.2% |
| Other amounts payable | 47/48 | €721,319 | €19,824 | -€701,496 | -97.3% |
| Accrued charges and deferred income | 492/3 | €5,155 | €2,155 | -€3,000 | -58.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €233,155 | €272,074 | +€38,919 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,549 | €5,520 | +€1,972 | +55.6% |
| Other operating charges | 640/8 | €2,703 | €3,305 | +€601 | +22.2% |
| Gross operating margin | 9900 | €1,000,583 | €1,430,839 | +€430,256 | +43.0% |
| Operating profit (loss) | 9901 | €761,176 | €1,149,939 | +€388,764 | +51.1% |
| Financial income | 75/76B | €31,100 | €18,958 | -€12,142 | -39.0% |
| Recurring financial income | 75 | €31,100 | €18,958 | -€12,142 | -39.0% |
| Financial charges | 65/66B | €2,929 | €3,102 | +€173 | +5.9% |
| Recurring financial charges | 65 | €2,929 | €3,102 | +€173 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €789,347 | €1,165,795 | +€376,448 | +47.7% |
| Income taxes | 67/77 | €202,138 | €296,816 | +€94,678 | +46.8% |
| Profit (loss) for the period | 9904 | €587,209 | €868,979 | +€281,771 | +48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €587,209 | €868,979 | +€281,771 | +48.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.