ARDUMA: 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.
ARDUMA
Largest movements
- Tangible fixed assets -€8,151
down €8,151 (-26.9%), from €30,275 to €22,124
of which Leasing and similar rights: -€6,602
- Receivables within one year +€3,631
up €3,631 (+460.9%), from €788 to €4,419
of which Other amounts receivable: +€2,168
- Cash -€3,342
down €3,342 (-33.8%), from €9,875 to €6,533
mainly Debts after one year (-€8,689) and Receivables within one year (-€3,631)
- Deferred charges and accrued income +€2,328
up €2,328 (+97.1%), from €2,397 to €4,725
- Debts after one year -€8,689
no longer reported in 2025 (was €8,689)
- Trade debts +€4,880
up €4,880 (+58.8%), from €8,298 to €13,178
- Accrued charges and deferred income -€2,039
down €2,039 (-96.1%), from €2,122 to €83
- Tax, wage and social debts +€1,252
up €1,252 (+35.9%), from €3,491 to €4,743
- Gross operating margin -€3,740
down €3,740 (-22.1%), from €16,889 to €13,149
- Financial charges -€1,905
down €1,905 (-59.9%), from €3,180 to €1,276
- Taxes +€1,259
up €1,259 (+518.8%), from €243 to €1,502
- Other operating charges -€1,109
down €1,109 (-41.5%), from €2,673 to €1,564
- Financial income -€426
no longer reported in 2025 (was €426)
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 | €115,522 | €110,950 | -€4,572 | -4.0% |
| Fixed assets | 21/28 | €30,275 | €22,124 | -€8,151 | -26.9% |
| Tangible fixed assets | 22/27 | €30,275 | €22,124 | -€8,151 | -26.9% |
| Land and buildings | 22 | €2,362 | €1,932 | -€430 | -18.2% |
| Plant, machinery and equipment | 23 | €1,349 | €714 | -€635 | -47.1% |
| Furniture and vehicles | 24 | €788 | €304 | -€484 | -61.4% |
| Leasing and similar rights | 25 | €25,777 | €19,174 | -€6,602 | -25.6% |
| Current assets | 29/58 | €85,246 | €88,826 | +€3,579 | +4.2% |
| Stocks and contracts in progress | 3 | €72,187 | €73,149 | +€962 | +1.3% |
| Stocks | 30/36 | €72,187 | €73,149 | +€962 | +1.3% |
| Amounts receivable within one year | 40/41 | €788 | €4,419 | +€3,631 | +460.9% |
| Trade receivables | 40 | €780 | €2,243 | +€1,463 | +187.4% |
| Other amounts receivable | 41 | €7 | €2,176 | +€2,168 | +29704.2% |
| Cash at bank and in hand | 54/58 | €9,875 | €6,533 | -€3,342 | -33.8% |
| Deferred charges and accrued income | 490/1 | €2,397 | €4,725 | +€2,328 | +97.1% |
| Total equity and liabilities | 10/49 | €115,522 | €110,950 | -€4,572 | -4.0% |
| Equity | 10/15 | €64,501 | €65,083 | +€582 | +0.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €32,530 | €32,530 | = | 0.0% |
| Distributable reserves | 133 | €32,530 | €32,530 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,379 | €13,961 | +€582 | +4.4% |
| Amounts payable | 17/49 | €51,021 | €45,867 | -€5,154 | -10.1% |
| Amounts payable after more than one year | 17 | €8,689 | - | -€8,689 | |
| Financial debts | 170/4 | €8,689 | - | -€8,689 | |
| Amounts payable within one year | 42/48 | €40,210 | €45,784 | +€5,574 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €9,597 | €8,689 | -€908 | -9.5% |
| Trade debts | 44 | €8,298 | €13,178 | +€4,880 | +58.8% |
| Suppliers | 440/4 | €8,298 | €13,178 | +€4,880 | +58.8% |
| Taxes, remuneration and social security | 45 | €3,491 | €4,743 | +€1,252 | +35.9% |
| Taxes | 450/3 | €3,491 | €4,743 | +€1,252 | +35.9% |
| Other amounts payable | 47/48 | €18,824 | €19,174 | +€350 | +1.9% |
| Accrued charges and deferred income | 492/3 | €2,122 | €83 | -€2,039 | -96.1% |
| Remuneration, social security and pensions | 62 | - | €74 | +€74 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,239 | €8,151 | -€88 | -1.1% |
| Other operating charges | 640/8 | €2,673 | €1,564 | -€1,109 | -41.5% |
| Non-recurring operating charges | 66A | €653 | - | -€653 | |
| Gross operating margin | 9900 | €16,889 | €13,149 | -€3,740 | -22.1% |
| Operating profit (loss) | 9901 | €5,325 | €3,360 | -€1,965 | -36.9% |
| Financial income | 75/76B | €426 | - | -€426 | |
| Recurring financial income | 75 | €426 | - | -€426 | |
| Financial charges | 65/66B | €3,180 | €1,276 | -€1,905 | -59.9% |
| Recurring financial charges | 65 | €3,180 | €1,276 | -€1,905 | -59.9% |
| Profit (loss) for the period before taxes | 9903 | €2,570 | €2,084 | -€486 | -18.9% |
| Income taxes | 67/77 | €243 | €1,502 | +€1,259 | +518.8% |
| Profit (loss) for the period | 9904 | €2,327 | €582 | -€1,745 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,327 | €582 | -€1,745 | -75.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.