BATAILLE DES ARDENNES: what changed
What changed
BATAILLE DES ARDENNES
NACE 91.220, Libraries, archives, museums and other cultural activities
filed annual accounts (NBB)
Net result for the year
€41,050
2024 · €27,775+€13,274
Equity
€351,551
2024 · €312,330+€39,221
Cash
€88,734
2024 · €156,900-€68,166
Balance sheet total
€467,945
2024 · €503,710-€35,766
Largest movements
Assets
- Cash -€68,166
down €68,166 (-43.4%), from €156,900 to €88,734
mainly Stocks and contracts (-€59,572) and Trade debts (-€53,273)
- Stocks and contracts +€59,572
up €59,572 (+44.1%), from €135,165 to €194,737
- Tangible fixed assets -€36,561
down €36,561 (-19.7%), from €185,310 to €148,749
of which Furniture and vehicles: -€22,656
- Receivables within one year +€11,077
up €11,077 (+47.8%), from €23,171 to €34,248
of which Other amounts receivable: +€14,028
Equity and liabilities
- Trade debts -€53,273
down €53,273 (-41.5%), from €128,385 to €75,112
- Profit (loss) carried forward +€45,040
up €45,040 (+34.3%), from €131,206 to €176,246
- Debts after one year -€14,773
down €14,773 (-45.5%), from €32,480 to €17,707
Income statement
- Gross operating margin +€22,774
up €22,774 (+25.5%), from €89,376 to €112,150
- Taxes +€4,714
up €4,714 (+61.5%), from €7,668 to €12,382
- Other operating charges +€4,606
up €4,606 (+30.0%), from €15,335 to €19,941
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€27,775
Gross operating margin
+€22,774
Depreciation
-€651
Other operating charges
-€4,606
Financial income
+€158
Financial charges
+€239
Taxes
-€4,714
Deferred taxes and other
+€74
Result 2025
€41,050
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€47,937
Investment
-€2,560
Financing
-€17,669
Cash 2024
€156,900
From operations (derived)
-€47,937
Net result for the year
+€41,050
Depreciation
+€39,121
Stocks and contracts
-€59,572
Receivables within one year
-€11,077
Deferred charges and accrued income
+€1,687
Provisions
-€1,330
Trade debts
-€53,273
Tax, wage and social debts
-€1,573
Other debts
-€2,969
Investment (derived)
-€2,560
Investment in fixed assets (net)
-€2,560
Financing
-€17,669
Debts after one year
-€14,773
Current portion of long-term debt
-€1,067
Contributions, distributions and other
-€1,829
Cash 2025
€88,734
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €503,710 | €467,945 | -€35,766 | -7.1% |
| Fixed assets | 21/28 | €185,310 | €148,749 | -€36,561 | -19.7% |
| Tangible fixed assets | 22/27 | €185,310 | €148,749 | -€36,561 | -19.7% |
| Land and buildings | 22 | €96,879 | €85,264 | -€11,615 | -12.0% |
| Plant, machinery and equipment | 23 | €23,012 | €20,722 | -€2,290 | -10.0% |
| Furniture and vehicles | 24 | €65,419 | €42,763 | -€22,656 | -34.6% |
| Current assets | 29/58 | €318,400 | €319,196 | +€796 | +0.2% |
| Stocks and contracts in progress | 3 | €135,165 | €194,737 | +€59,572 | +44.1% |
| Stocks | 30/36 | €135,165 | €194,737 | +€59,572 | +44.1% |
| Amounts receivable within one year | 40/41 | €23,171 | €34,248 | +€11,077 | +47.8% |
| Trade receivables | 40 | €7,936 | €4,985 | -€2,952 | -37.2% |
| Other amounts receivable | 41 | €15,235 | €29,263 | +€14,028 | +92.1% |
| Cash at bank and in hand | 54/58 | €156,900 | €88,734 | -€68,166 | -43.4% |
| Deferred charges and accrued income | 490/1 | €3,164 | €1,477 | -€1,687 | -53.3% |
| Total equity and liabilities | 10/49 | €503,710 | €467,945 | -€35,766 | -7.1% |
| Equity | 10/15 | €312,330 | €351,551 | +€39,221 | +12.6% |
| Contributions | 10/11 | €38,000 | €38,000 | = | 0.0% |
| Reserves | 13 | €137,638 | €133,648 | -€3,991 | -2.9% |
| Tax-exempt reserves | 132 | €10,583 | €6,592 | -€3,991 | -37.7% |
| Distributable reserves | 133 | €127,055 | €127,055 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,206 | €176,246 | +€45,040 | +34.3% |
| Investment grants | 15 | €5,485 | €3,657 | -€1,829 | -33.3% |
| Provisions and deferred taxes | 16 | €3,528 | €2,197 | -€1,330 | -37.7% |
| Deferred taxes | 168 | €3,528 | €2,197 | -€1,330 | -37.7% |
| Amounts payable | 17/49 | €187,853 | €114,196 | -€73,656 | -39.2% |
| Amounts payable after more than one year | 17 | €32,480 | €17,707 | -€14,773 | -45.5% |
| Financial debts | 170/4 | €32,480 | €17,707 | -€14,773 | -45.5% |
| Amounts payable within one year | 42/48 | €155,373 | €96,490 | -€58,883 | -37.9% |
| Current portion of amounts payable after more than one year | 42 | €15,841 | €14,773 | -€1,067 | -6.7% |
| Trade debts | 44 | €128,385 | €75,112 | -€53,273 | -41.5% |
| Suppliers | 440/4 | €128,385 | €75,112 | -€53,273 | -41.5% |
| Taxes, remuneration and social security | 45 | €8,173 | €6,600 | -€1,573 | -19.2% |
| Taxes | 450/3 | €8,173 | €6,600 | -€1,573 | -19.2% |
| Other amounts payable | 47/48 | €2,974 | €5 | -€2,969 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,470 | €39,121 | +€651 | +1.7% |
| Other operating charges | 640/8 | €15,335 | €19,941 | +€4,606 | +30.0% |
| Gross operating margin | 9900 | €89,376 | €112,150 | +€22,774 | +25.5% |
| Operating profit (loss) | 9901 | €35,571 | €53,088 | +€17,517 | +49.2% |
| Financial income | 75/76B | €2,082 | €2,240 | +€158 | +7.6% |
| Recurring financial income | 75 | €2,082 | €2,240 | +€158 | +7.6% |
| Financial charges | 65/66B | €3,465 | €3,227 | -€239 | -6.9% |
| Recurring financial charges | 65 | €3,465 | €3,227 | -€239 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €34,188 | €52,102 | +€17,914 | +52.4% |
| Transfer from deferred taxes | 780 | €1,256 | €1,330 | +€74 | +5.9% |
| Income taxes | 67/77 | €7,668 | €12,382 | +€4,714 | +61.5% |
| Profit (loss) for the period | 9904 | €27,775 | €41,050 | +€13,274 | +47.8% |
| Transfer from tax-exempt reserves | 789 | €3,768 | €3,991 | +€223 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,544 | €45,040 | +€13,497 | +42.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.