ARDUINNA DRILL: 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.
ARDUINNA DRILL
Largest movements
- Tangible fixed assets -€23,067
down €23,067 (-23.1%), from €100,061 to €76,994
of which Plant, machinery and equipment: -€15,339
- Receivables within one year -€7,673
down €7,673 (-64.1%), from €11,962 to €4,289
of which Trade receivables: -€7,673
- Profit (loss) carried forward -€30,117
down €30,117 (-125%), from -€24,016 to -€54,132
- Debts after one year +€7,429
up €7,429 (+8.1%), from €91,768 to €99,197
- Current portion of long-term debt +€7,275
up €7,275 (+33.6%), from €21,680 to €28,955
- Tax, wage and social debts -€7,084
down €7,084 (-68.3%), from €10,374 to €3,291
of which Taxes: -€5,084
- Other debts -€6,950
down €6,950 (-97.9%), from €7,099 to €150
- Depreciation +€3,844
up €3,844 (+15.1%), from €25,480 to €29,325
- Gross operating margin +€2,130
up €2,130 (+122%), from €1,753 to €3,883
- Other operating charges +€780
up €780 (+320%), from €244 to €1,024
- Financial charges -€94
down €94 (-2.5%), from €3,749 to €3,655
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 | €122,145 | €88,504 | -€33,640 | -27.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €105,152 | €80,888 | -€24,264 | -23.1% |
| Intangible fixed assets | 21 | €5,091 | €3,894 | -€1,197 | -23.5% |
| Tangible fixed assets | 22/27 | €100,061 | €76,994 | -€23,067 | -23.1% |
| Plant, machinery and equipment | 23 | €79,743 | €64,405 | -€15,339 | -19.2% |
| Furniture and vehicles | 24 | €20,317 | €12,590 | -€7,728 | -38.0% |
| Current assets | 29/58 | €16,993 | €7,616 | -€9,377 | -55.2% |
| Amounts receivable within one year | 40/41 | €11,962 | €4,289 | -€7,673 | -64.1% |
| Trade receivables | 40 | €11,962 | €4,289 | -€7,673 | -64.1% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €3,471 | €2,315 | -€1,156 | -33.3% |
| Deferred charges and accrued income | 490/1 | €1,559 | €1,011 | -€548 | -35.1% |
| Total equity and liabilities | 10/49 | €122,145 | €88,504 | -€33,640 | -27.5% |
| Equity | 10/15 | -€14,016 | -€44,132 | -€30,117 | -215% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,016 | -€54,132 | -€30,117 | -125% |
| Amounts payable | 17/49 | €136,160 | €132,637 | -€3,524 | -2.6% |
| Amounts payable after more than one year | 17 | €91,768 | €99,197 | +€7,429 | +8.1% |
| Financial debts | 170/4 | €91,768 | €99,197 | +€7,429 | +8.1% |
| Amounts payable within one year | 42/48 | €44,392 | €33,439 | -€10,953 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €21,680 | €28,955 | +€7,275 | +33.6% |
| Trade debts | 44 | €5,239 | €1,044 | -€4,194 | -80.1% |
| Suppliers | 440/4 | €5,239 | €1,044 | -€4,194 | -80.1% |
| Taxes, remuneration and social security | 45 | €10,374 | €3,291 | -€7,084 | -68.3% |
| Taxes | 450/3 | €8,374 | €3,291 | -€5,084 | -60.7% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €7,099 | €150 | -€6,950 | -97.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,480 | €29,325 | +€3,844 | +15.1% |
| Other operating charges | 640/8 | €244 | €1,024 | +€780 | +320% |
| Gross operating margin | 9900 | €1,753 | €3,883 | +€2,130 | +122% |
| Operating profit (loss) | 9901 | -€23,971 | -€26,466 | -€2,494 | -10.4% |
| Financial income | 75/76B | €0 | €5 | +€5 | +2,872% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +2,872% |
| Financial charges | 65/66B | €3,749 | €3,655 | -€94 | -2.5% |
| Recurring financial charges | 65 | €3,749 | €3,655 | -€94 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€27,720 | -€30,115 | -€2,395 | -8.6% |
| Income taxes | 67/77 | - | €2 | +€2 | |
| Profit (loss) for the period | 9904 | -€27,720 | -€30,117 | -€2,397 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,720 | -€30,117 | -€2,397 | -8.6% |
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 25 October 2026 via checked.be.