ARDY CONSULT: 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.
ARDY CONSULT
Largest movements
- Cash +€52,110
up €52,110 (+577.8%), from €9,019 to €61,129
mainly Net result for the year (+€52,484) and Receivables within one year (+€10,030)
- Receivables within one year -€10,030
down €10,030 (-28.6%), from €35,123 to €25,093
of which Trade receivables: -€16,686
- Tangible fixed assets -€2,625
down €2,625 (-22.1%), from €11,900 to €9,274
of which Other tangible fixed assets: -€1,831
- Deferred charges and accrued income -€2,160
down €2,160 (-18.4%), from €11,721 to €9,561
- Profit (loss) carried forward +€51,651
up €51,651 (+158.5%), from €32,584 to €84,234
- Trade debts -€14,593
down €14,593 (-81.2%), from €17,976 to €3,383
- Gross operating margin +€23,589
up €23,589 (+48.3%), from €48,836 to €72,424
- Taxes +€4,423
up €4,423 (+41.6%), from €10,632 to €15,055
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 | €67,763 | €105,057 | +€37,294 | +55.0% |
| Fixed assets | 21/28 | €11,900 | €9,274 | -€2,625 | -22.1% |
| Tangible fixed assets | 22/27 | €11,900 | €9,274 | -€2,625 | -22.1% |
| Furniture and vehicles | 24 | €2,091 | €1,296 | -€794 | -38.0% |
| Other tangible fixed assets | 26 | €9,809 | €7,978 | -€1,831 | -18.7% |
| Current assets | 29/58 | €55,863 | €95,783 | +€39,919 | +71.5% |
| Amounts receivable within one year | 40/41 | €35,123 | €25,093 | -€10,030 | -28.6% |
| Trade receivables | 40 | €33,652 | €16,966 | -€16,686 | -49.6% |
| Other amounts receivable | 41 | €1,471 | €8,127 | +€6,656 | +452.4% |
| Cash at bank and in hand | 54/58 | €9,019 | €61,129 | +€52,110 | +577.8% |
| Deferred charges and accrued income | 490/1 | €11,721 | €9,561 | -€2,160 | -18.4% |
| Total equity and liabilities | 10/49 | €67,763 | €105,057 | +€37,294 | +55.0% |
| Equity | 10/15 | €33,084 | €84,734 | +€51,651 | +156.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,584 | €84,234 | +€51,651 | +158.5% |
| Amounts payable | 17/49 | €34,679 | €20,323 | -€14,356 | -41.4% |
| Amounts payable within one year | 42/48 | €34,667 | €20,323 | -€14,344 | -41.4% |
| Trade debts | 44 | €17,976 | €3,383 | -€14,593 | -81.2% |
| Suppliers | 440/4 | €17,976 | €3,383 | -€14,593 | -81.2% |
| Taxes, remuneration and social security | 45 | €15,831 | €16,106 | +€275 | +1.7% |
| Taxes | 450/3 | €15,831 | €16,106 | +€275 | +1.7% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Accrued charges and deferred income | 492/3 | €13 | €0 | -€13 | -98.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,075 | €2,625 | +€550 | +26.5% |
| Other operating charges | 640/8 | €934 | €966 | +€33 | +3.5% |
| Non-recurring operating charges | 66A | €472 | €494 | +€22 | +4.7% |
| Gross operating margin | 9900 | €48,836 | €72,424 | +€23,589 | +48.3% |
| Operating profit (loss) | 9901 | €45,355 | €68,339 | +€22,983 | +50.7% |
| Financial income | 75/76B | - | €90 | +€90 | |
| Recurring financial income | 75 | - | €90 | +€90 | |
| Financial charges | 65/66B | €1,281 | €890 | -€391 | -30.5% |
| Recurring financial charges | 65 | €1,281 | €890 | -€391 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €44,074 | €67,538 | +€23,464 | +53.2% |
| Income taxes | 67/77 | €10,632 | €15,055 | +€4,423 | +41.6% |
| Profit (loss) for the period | 9904 | €33,443 | €52,484 | +€19,041 | +56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,443 | €52,484 | +€19,041 | +56.9% |
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.