ARDILA: 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.
ARDILA
Largest movements
- Receivables within one year +€21,925
up €21,925 (+440%), from €4,988 to €26,913
of which Trade receivables: +€26,913
- Tangible fixed assets -€20,638
down €20,638 (-3.6%), from €569,379 to €548,741
of which Land and buildings: -€19,730
- Cash +€19,695
up €19,695 (+180%), from €10,971 to €30,666
mainly Net result for the year (+€50,967) and Depreciation (+€20,638)
- Reserves +€38,862
up €38,862 (+27.4%), from €141,956 to €180,818
of which Distributable reserves: +€38,862
- Trade debts -€12,680
down €12,680 (-64.2%), from €19,753 to €7,073
- Gross operating margin +€24,104
up €24,104 (+26.8%), from €89,980 to €114,084
- Taxes +€8,121
up €8,121 (+49.7%), from €16,355 to €24,477
- Financial charges -€2,238
down €2,238 (-18.3%), from €12,253 to €10,015
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 | €585,338 | €606,320 | +€20,982 | +3.6% |
| Fixed assets | 21/28 | €569,379 | €548,741 | -€20,638 | -3.6% |
| Tangible fixed assets | 22/27 | €569,379 | €548,741 | -€20,638 | -3.6% |
| Land and buildings | 22 | €565,278 | €545,548 | -€19,730 | -3.5% |
| Furniture and vehicles | 24 | €4,101 | €3,193 | -€907 | -22.1% |
| Current assets | 29/58 | €15,959 | €57,579 | +€41,620 | +261% |
| Amounts receivable within one year | 40/41 | €4,988 | €26,913 | +€21,925 | +440% |
| Trade receivables | 40 | - | €26,913 | +€26,913 | |
| Other amounts receivable | 41 | €4,988 | €0 | -€4,988 | -100% |
| Cash at bank and in hand | 54/58 | €10,971 | €30,666 | +€19,695 | +180% |
| Total equity and liabilities | 10/49 | €585,338 | €606,320 | +€20,982 | +3.6% |
| Equity | 10/15 | €382,747 | €421,609 | +€38,862 | +10.2% |
| Contributions | 10/11 | €84,000 | €84,000 | = | 0.0% |
| Reserves | 13 | €141,956 | €180,818 | +€38,862 | +27.4% |
| Non-distributable reserves | 130/1 | €8,400 | €8,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,400 | €8,400 | = | 0.0% |
| Distributable reserves | 133 | €133,556 | €172,418 | +€38,862 | +29.1% |
| Profit (loss) carried forward | 14 | €156,791 | €156,791 | = | 0.0% |
| Amounts payable | 17/49 | €202,590 | €184,711 | -€17,879 | -8.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €201,340 | €183,461 | -€17,879 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €3,760 | €0 | -€3,760 | -100% |
| Trade debts | 44 | €19,753 | €7,073 | -€12,680 | -64.2% |
| Suppliers | 440/4 | €19,753 | €7,073 | -€12,680 | -64.2% |
| Taxes, remuneration and social security | 45 | €6,690 | €9,477 | +€2,787 | +41.7% |
| Taxes | 450/3 | €6,690 | €9,477 | +€2,787 | +41.7% |
| Other amounts payable | 47/48 | €171,138 | €166,911 | -€4,227 | -2.5% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,252 | €20,638 | +€385 | +1.9% |
| Other operating charges | 640/8 | €7,686 | €7,988 | +€302 | +3.9% |
| Gross operating margin | 9900 | €89,980 | €114,084 | +€24,104 | +26.8% |
| Operating profit (loss) | 9901 | €62,042 | €85,458 | +€23,417 | +37.7% |
| Financial charges | 65/66B | €12,253 | €10,015 | -€2,238 | -18.3% |
| Recurring financial charges | 65 | €12,253 | €10,015 | -€2,238 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €49,789 | €75,444 | +€25,655 | +51.5% |
| Income taxes | 67/77 | €16,355 | €24,477 | +€8,121 | +49.7% |
| Profit (loss) for the period | 9904 | €33,434 | €50,967 | +€17,534 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,434 | €50,967 | +€17,534 | +52.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.