ARDOISES ET TUILES: what changed
ARDOISES ET TUILES
Largest movements
- Tangible fixed assets +€37,254
up €37,254 (+714%), from €5,216 to €42,470
- Deferred charges and accrued income -€24,716
down €24,716 (-69.1%), from €35,764 to €11,048
- Receivables within one year +€8,910
up €8,910 (+20.6%), from €43,282 to €52,191
of which Trade receivables: +€7,916
- Debts after one year +€25,324
new in 2025: €25,324
- Trade debts -€21,723
down €21,723 (-76.8%), from €28,296 to €6,573
- Profit (loss) carried forward +€13,096
up €13,096 (+21.2%), from €61,764 to €74,860
- Current portion of long-term debt +€7,906
new in 2025: €7,906
- Tax, wage and social debts -€2,244
down €2,244 (-50.1%), from €4,479 to €2,235
of which Remuneration and social security: -€2,093
- Staff costs -€9,593
down €9,593 (-39.7%), from €24,139 to €14,546
- Depreciation +€3,944
up €3,944 (+264%), from €1,493 to €5,438
- Gross operating margin -€3,250
down €3,250 (-7.9%), from €41,271 to €38,021
- Taxes +€1,967
up €1,967 (+436%), from €451 to €2,418
- Financial charges -€439
down €439 (-21.8%), from €2,011 to €1,572
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,539 | €122,899 | +€22,360 | +22.2% |
| Fixed assets | 21/28 | €5,216 | €42,470 | +€37,254 | +714% |
| Tangible fixed assets | 22/27 | €5,216 | €42,470 | +€37,254 | +714% |
| Furniture and vehicles | 24 | €5,216 | €42,470 | +€37,254 | +714% |
| Current assets | 29/58 | €95,323 | €80,429 | -€14,894 | -15.6% |
| Amounts receivable within one year | 40/41 | €43,282 | €52,191 | +€8,910 | +20.6% |
| Trade receivables | 40 | €27,909 | €35,825 | +€7,916 | +28.4% |
| Other amounts receivable | 41 | €15,372 | €16,366 | +€994 | +6.5% |
| Cash at bank and in hand | 54/58 | €16,277 | €17,190 | +€913 | +5.6% |
| Deferred charges and accrued income | 490/1 | €35,764 | €11,048 | -€24,716 | -69.1% |
| Total equity and liabilities | 10/49 | €100,539 | €122,899 | +€22,360 | +22.2% |
| Equity | 10/15 | €67,764 | €80,860 | +€13,096 | +19.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Capital | 10 | €6,000 | €6,000 | = | 0.0% |
| Issued capital | 100 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,764 | €74,860 | +€13,096 | +21.2% |
| Amounts payable | 17/49 | €32,775 | €42,039 | +€9,264 | +28.3% |
| Amounts payable after more than one year | 17 | - | €25,324 | +€25,324 | |
| Financial debts | 170/4 | - | €25,324 | +€25,324 | |
| Amounts payable within one year | 42/48 | €32,775 | €16,715 | -€16,060 | -49.0% |
| Current portion of amounts payable after more than one year | 42 | - | €7,906 | +€7,906 | |
| Trade debts | 44 | €28,296 | €6,573 | -€21,723 | -76.8% |
| Suppliers | 440/4 | €28,296 | €6,573 | -€21,723 | -76.8% |
| Taxes, remuneration and social security | 45 | €4,479 | €2,235 | -€2,244 | -50.1% |
| Taxes | 450/3 | €221 | €70 | -€150 | -68.1% |
| Remuneration and social security | 454/9 | €4,258 | €2,165 | -€2,093 | -49.2% |
| Remuneration, social security and pensions | 62 | €24,139 | €14,546 | -€9,593 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,493 | €5,438 | +€3,944 | +264% |
| Other operating charges | 640/8 | €777 | €950 | +€173 | +22.3% |
| Gross operating margin | 9900 | €41,271 | €38,021 | -€3,250 | -7.9% |
| Operating profit (loss) | 9901 | €14,862 | €17,087 | +€2,225 | +15.0% |
| Financial charges | 65/66B | €2,011 | €1,572 | -€439 | -21.8% |
| Recurring financial charges | 65 | €2,011 | €1,572 | -€439 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €12,851 | €15,515 | +€2,664 | +20.7% |
| Income taxes | 67/77 | €451 | €2,418 | +€1,967 | +436% |
| Profit (loss) for the period | 9904 | €12,400 | €13,096 | +€696 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,400 | €13,096 | +€696 | +5.6% |
Next steps
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 7 November 2026 via checked.be.