ARDUENNA IMMO: 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.
ARDUENNA IMMO
Largest movements
- Receivables within one year -€3,025
no longer reported in 2025 (was €3,025)
- Cash +€3,025
new in 2025: €3,025
mainly Receivables within one year (+€3,025) and Trade debts (+€710)
- Formation expenses -€288
down €288 (-28.8%), from €997 to €709
- Profit (loss) carried forward -€997
down €997 (-63.0%), from -€1,584 to -€2,581
- Trade debts +€710
up €710 (+117.3%), from €605 to €1,315
- Gross operating margin +€423
up €423 (+37.3%), from -€1,133 to -€710
- Depreciation -€154
down €154 (-34.8%), from €441 to €288
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 | €4,021 | €3,734 | -€288 | -7.1% |
| Formation expenses | 20 | €997 | €709 | -€288 | -28.8% |
| Current assets | 29/58 | €3,025 | €3,025 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,025 | - | -€3,025 | |
| Trade receivables | 40 | €3,025 | - | -€3,025 | |
| Cash at bank and in hand | 54/58 | - | €3,025 | +€3,025 | |
| Total equity and liabilities | 10/49 | €4,021 | €3,734 | -€288 | -7.1% |
| Equity | 10/15 | €3,416 | €2,419 | -€997 | -29.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,584 | -€2,581 | -€997 | -63.0% |
| Amounts payable | 17/49 | €605 | €1,315 | +€710 | +117.3% |
| Amounts payable within one year | 42/48 | €605 | €1,315 | +€710 | +117.3% |
| Trade debts | 44 | €605 | €1,315 | +€710 | +117.3% |
| Suppliers | 440/4 | €605 | €1,315 | +€710 | +117.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €441 | €288 | -€154 | -34.8% |
| Gross operating margin | 9900 | -€1,133 | -€710 | +€423 | +37.3% |
| Operating profit (loss) | 9901 | -€1,574 | -€997 | +€577 | +36.6% |
| Financial charges | 65/66B | €10 | - | -€10 | |
| Recurring financial charges | 65 | €10 | - | -€10 | |
| Profit (loss) for the period before taxes | 9903 | -€1,584 | -€997 | +€586 | +37.0% |
| Profit (loss) for the period | 9904 | -€1,584 | -€997 | +€586 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,584 | -€997 | +€586 | +37.0% |
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 11 October 2026 via checked.be.