Ardur: 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.
Ardur
Largest movements
- Receivables within one year -€3,338
down €3,338 (-98.9%), from €3,375 to €37
- Tangible fixed assets +€439
up €439 (+83.9%), from €524 to €963
- Cash -€221
down €221 (-74.6%), from €296 to €75
mainly Net result for the year (-€2,732) and Investment in fixed assets (net) (-€1,157)
- Profit (loss) carried forward -€2,732
down €2,732 (-65.4%), from -€4,176 to -€6,909
- Trade debts -€387
no longer reported in 2025 (was €387)
- Gross operating margin -€3,336
down €3,336, from €2,278 to -€1,059
- Depreciation +€251
up €251 (+53.8%), from €467 to €718
- Other operating charges +€138
up €138 (+19.5%), from €708 to €845
- Financial charges -€122
down €122 (-51.8%), from €236 to €114
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 | €4,844 | €1,725 | -€3,120 | -64.4% |
| Fixed assets | 21/28 | €524 | €963 | +€439 | +83.9% |
| Tangible fixed assets | 22/27 | €524 | €963 | +€439 | +83.9% |
| Plant, machinery and equipment | 23 | €524 | €963 | +€439 | +83.9% |
| Current assets | 29/58 | €4,321 | €762 | -€3,559 | -82.4% |
| Stocks and contracts in progress | 3 | €650 | €650 | = | 0.0% |
| Stocks | 30/36 | €650 | €650 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,375 | €37 | -€3,338 | -98.9% |
| Other amounts receivable | 41 | €3,375 | €37 | -€3,338 | -98.9% |
| Cash at bank and in hand | 54/58 | €296 | €75 | -€221 | -74.6% |
| Total equity and liabilities | 10/49 | €4,844 | €1,725 | -€3,120 | -64.4% |
| Equity | 10/15 | €4,457 | €1,725 | -€2,732 | -61.3% |
| Contributions | 10/11 | €8,592 | €8,592 | = | 0.0% |
| Reserves | 13 | €41 | €41 | = | 0.0% |
| Non-distributable reserves | 130/1 | €41 | €41 | = | 0.0% |
| Reserves not available under the articles | 1311 | €41 | €41 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,176 | -€6,909 | -€2,732 | -65.4% |
| Amounts payable | 17/49 | €387 | - | -€387 | |
| Amounts payable within one year | 42/48 | €387 | - | -€387 | |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Taxes, remuneration and social security | 45 | €0 | - | -€0 | |
| Taxes | 450/3 | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €467 | €718 | +€251 | +53.8% |
| Other operating charges | 640/8 | €708 | €845 | +€138 | +19.5% |
| Gross operating margin | 9900 | €2,278 | -€1,059 | -€3,336 | |
| Operating profit (loss) | 9901 | €1,103 | -€2,622 | -€3,725 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €236 | €114 | -€122 | -51.8% |
| Recurring financial charges | 65 | €236 | €114 | -€122 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €867 | -€2,732 | -€3,599 | |
| Profit (loss) for the period | 9904 | €867 | -€2,732 | -€3,599 | |
| Profit (loss) for the period to be appropriated | 9905 | €867 | -€2,732 | -€3,599 |
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 10 October 2026 via checked.be.