BISON D'ARDENNE: what changed
What changed
BISON D'ARDENNE
NACE 01.410, Raising of dairy cattle
filed annual accounts (NBB)
Net result for the year
€43,281
2024 · €51,535-€8,254
Equity
€284,931
2024 · €276,211+€8,720
Cash
€175,708
2024 · €140,562+€35,146
Balance sheet total
€321,245
2024 · €321,599-€354
Largest movements
Assets
- Cash +€35,146
up €35,146 (+25.0%), from €140,562 to €175,708
mainly Net result for the year (+€43,281) and Depreciation (+€31,379)
- Tangible fixed assets -€20,529
down €20,529 (-28.9%), from €70,931 to €50,402
of which Furniture and vehicles: -€14,645
- Receivables within one year -€13,458
down €13,458 (-12.6%), from €106,633 to €93,176
of which Trade receivables: -€16,709
Equity and liabilities
- Debts after one year -€9,832
down €9,832 (-37.7%), from €26,074 to €16,242
- Reserves +€8,720
up €8,720 (+3.9%), from €222,823 to €231,543
Income statement
- Financial income -€7,000
down €7,000 (-99.4%), from €7,042 to €42
- Financial charges +€4,502
up €4,502 (+159%), from €2,838 to €7,340
- Taxes -€4,303
down €4,303 (-17.1%), from €25,113 to €20,810
- Write-downs -€3,600
new in 2025: -€3,600
- Gross operating margin -€1,641
down €1,641 (-1.5%), from €105,998 to €104,356
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
€51,535
Gross operating margin
-€1,641
Depreciation
+€384
Write-downs
+€3,600
Other operating charges
+€202
Other operating items
-€3,600
Financial income
-€7,000
Financial charges
-€4,502
Taxes
+€4,303
Result 2025
€43,281
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
+€90,240
Investment
-€10,851
Financing
-€44,243
Cash 2024
€140,562
From operations (derived)
+€90,240
Net result for the year
+€43,281
Depreciation
+€31,379
Stocks and contracts
+€1,183
Receivables within one year
+€13,458
Deferred charges and accrued income
+€330
Trade debts
+€147
Tax, wage and social debts
+€1,769
Accrued charges and deferred income
-€1,308
Investment (derived)
-€10,851
Investment in fixed assets (net)
-€10,851
Financing
-€44,243
Debts after one year
-€9,832
Current portion of long-term debt
+€149
Contributions, distributions and other
-€34,560
Cash 2025
€175,708
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €321,599 | €321,245 | -€354 | -0.1% |
| Fixed assets | 21/28 | €70,931 | €50,402 | -€20,529 | -28.9% |
| Tangible fixed assets | 22/27 | €70,931 | €50,402 | -€20,529 | -28.9% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €4,726 | €8,987 | +€4,261 | +90.2% |
| Furniture and vehicles | 24 | €31,406 | €16,761 | -€14,645 | -46.6% |
| Leasing and similar rights | 25 | €34,800 | €24,654 | -€10,145 | -29.2% |
| Current assets | 29/58 | €250,668 | €270,843 | +€20,175 | +8.0% |
| Stocks and contracts in progress | 3 | €2,943 | €1,760 | -€1,183 | -40.2% |
| Stocks | 30/36 | €2,943 | €1,760 | -€1,183 | -40.2% |
| Amounts receivable within one year | 40/41 | €106,633 | €93,176 | -€13,458 | -12.6% |
| Trade receivables | 40 | €105,378 | €88,669 | -€16,709 | -15.9% |
| Other amounts receivable | 41 | €1,255 | €4,507 | +€3,251 | +259% |
| Cash at bank and in hand | 54/58 | €140,562 | €175,708 | +€35,146 | +25.0% |
| Deferred charges and accrued income | 490/1 | €529 | €199 | -€330 | -62.4% |
| Total equity and liabilities | 10/49 | €321,599 | €321,245 | -€354 | -0.1% |
| Equity | 10/15 | €276,211 | €284,931 | +€8,720 | +3.2% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €222,823 | €231,543 | +€8,720 | +3.9% |
| Distributable reserves | 133 | €222,823 | €231,543 | +€8,720 | +3.9% |
| Profit (loss) carried forward | 14 | €16,204 | €16,204 | = | 0.0% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €45,388 | €36,314 | -€9,074 | -20.0% |
| Amounts payable after more than one year | 17 | €26,074 | €16,242 | -€9,832 | -37.7% |
| Financial debts | 170/4 | €26,074 | €16,242 | -€9,832 | -37.7% |
| Amounts payable within one year | 42/48 | €17,879 | €19,945 | +€2,065 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €8,870 | €9,019 | +€149 | +1.7% |
| Trade debts | 44 | €8,865 | €9,012 | +€147 | +1.7% |
| Suppliers | 440/4 | €8,865 | €9,012 | +€147 | +1.7% |
| Taxes, remuneration and social security | 45 | €145 | €1,914 | +€1,769 | +1,223% |
| Taxes | 450/3 | €145 | €1,914 | +€1,769 | +1,223% |
| Accrued charges and deferred income | 492/3 | €1,435 | €128 | -€1,308 | -91.1% |
| Non-recurring operating income | 76A | €0 | €3,900 | +€3,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,763 | €31,379 | -€384 | -1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€3,600 | -€3,600 | |
| Other operating charges | 640/8 | €1,790 | €1,588 | -€202 | -11.3% |
| Non-recurring operating charges | 66A | - | €3,600 | +€3,600 | |
| Gross operating margin | 9900 | €105,998 | €104,356 | -€1,641 | -1.5% |
| Operating profit (loss) | 9901 | €72,444 | €71,389 | -€1,055 | -1.5% |
| Financial income | 75/76B | €7,042 | €42 | -€7,000 | -99.4% |
| Recurring financial income | 75 | €7,042 | €42 | -€7,000 | -99.4% |
| Financial charges | 65/66B | €2,838 | €7,340 | +€4,502 | +159% |
| Recurring financial charges | 65 | €2,838 | €7,340 | +€4,502 | +159% |
| Profit (loss) for the period before taxes | 9903 | €76,648 | €64,091 | -€12,557 | -16.4% |
| Income taxes | 67/77 | €25,113 | €20,810 | -€4,303 | -17.1% |
| Profit (loss) for the period | 9904 | €51,535 | €43,281 | -€8,254 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,535 | €43,281 | -€8,254 | -16.0% |
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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.