Ardeshir: 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.
Ardeshir
Largest movements
- Tangible fixed assets +€16,084
up €16,084 (+3093.1%), from €520 to €16,604
- Receivables within one year +€3,090
up €3,090 (+100.6%), from €3,073 to €6,163
- Cash -€2,694
down €2,694 (-70.4%), from €3,826 to €1,132
mainly Investment in fixed assets (net) (-€16,604) and Receivables within one year (-€3,090)
- Debts +€15,189
up €15,189 (+148.3%), from €10,240 to €25,429
of which Debts after one year: +€15,100
- Profit (loss) carried forward +€1,291
up €1,291 (+20.4%), from -€6,337 to -€5,046
- Turnover -€66,340
no longer reported in 2019 (was €66,340)
- Gross operating margin -€3,926
down €3,926 (-85.5%), from €4,594 to €668
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.
Cash bridge derived
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 | €7,631 | €24,111 | +€16,480 | +216.0% |
| Fixed assets | 21/28 | €732 | €16,816 | +€16,084 | +2197.3% |
| Tangible fixed assets | 22/27 | €520 | €16,604 | +€16,084 | +3093.1% |
| Financial fixed assets | 28 | €212 | €212 | = | 0.0% |
| Current assets | 29/58 | €6,899 | €7,295 | +€396 | +5.7% |
| Amounts receivable within one year | 40/41 | €3,073 | €6,163 | +€3,090 | +100.6% |
| Cash at bank and in hand | 54/58 | €3,826 | €1,132 | -€2,694 | -70.4% |
| Total equity and liabilities | 10/49 | €7,631 | €24,111 | +€16,480 | +216.0% |
| Equity | 10/15 | -€2,609 | -€1,318 | +€1,291 | +49.5% |
| Contributions | 10/11 | €3,718 | €3,718 | = | 0.0% |
| Reserves | 13 | €10 | €10 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,337 | -€5,046 | +€1,291 | +20.4% |
| Amounts payable | 17/49 | €10,240 | €25,429 | +€15,189 | +148.3% |
| Amounts payable after more than one year | 17 | €5,000 | €20,100 | +€15,100 | +302.0% |
| Amounts payable within one year | 42/48 | €5,240 | €5,102 | -€138 | -2.6% |
| Trade debts | 44 | €251 | €2 | -€249 | -99.2% |
| Turnover | 70 | €66,340 | - | -€66,340 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €520 | €520 | = | 0.0% |
| Gross operating margin | 9900 | €4,594 | €668 | -€3,926 | -85.5% |
| Operating profit (loss) | 9901 | €3,093 | -€775 | -€3,868 | |
| Recurring financial income | 75 | €32 | €3,305 | +€3,273 | +10228.1% |
| Recurring financial charges | 65 | €1,111 | €1,239 | +€128 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €2,014 | €1,291 | -€723 | -35.9% |
| Profit (loss) for the period | 9904 | €2,014 | €1,291 | -€723 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,014 | €1,291 | -€723 | -35.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.