IMMO CHALETS D'ARDENNES: what changed
IMMO CHALETS D'ARDENNES
Largest movements
- Cash +€43,931
up €43,931 (+49.5%), from €88,699 to €132,630
mainly Other debts (+€141,675) and Net result for the year (+€80,267)
- Tangible fixed assets -€19,497
down €19,497 (-7.6%), from €256,236 to €236,739
of which Land and buildings: -€10,657
- Receivables within one year +€13,996
up €13,996 (+15.6%), from €89,811 to €103,807
of which Other amounts receivable: +€10,326
- Other debts +€141,675
up €141,675 (+869%), from €16,307 to €157,982
- Reserves -€70,000
down €70,000 (-36.3%), from €193,000 to €123,000
- Debts after one year -€20,247
down €20,247 (-10.3%), from €195,805 to €175,558
- Trade debts -€13,533
down €13,533 (-38.9%), from €34,827 to €21,293
- Tax, wage and social debts +€13,478
up €13,478 (+89.6%), from €15,040 to €28,518
of which Taxes: +€7,117
- Gross operating margin +€41,778
up €41,778 (+24.7%), from €169,318 to €211,097
- Staff costs +€12,439
up €12,439 (+15.5%), from €80,478 to €92,917
- Taxes -€10,465
down €10,465 (-75.3%), from €13,899 to €3,434
- Other operating charges -€6,521
down €6,521 (-66.1%), from €9,863 to €3,342
- Depreciation -€6,055
down €6,055 (-23.7%), from €25,552 to €19,497
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €521,657 | €559,531 | +€37,875 | +7.3% |
| Fixed assets | 21/28 | €256,376 | €236,879 | -€19,497 | -7.6% |
| Tangible fixed assets | 22/27 | €256,236 | €236,739 | -€19,497 | -7.6% |
| Land and buildings | 22 | €220,632 | €209,976 | -€10,657 | -4.8% |
| Plant, machinery and equipment | 23 | €21,962 | €17,502 | -€4,461 | -20.3% |
| Furniture and vehicles | 24 | €13,642 | €9,262 | -€4,380 | -32.1% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €139 | €139 | = | 0.0% |
| Current assets | 29/58 | €265,281 | €322,653 | +€57,372 | +21.6% |
| Stocks and contracts in progress | 3 | €85,000 | €85,000 | = | 0.0% |
| Stocks | 30/36 | €85,000 | €85,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €89,811 | €103,807 | +€13,996 | +15.6% |
| Trade receivables | 40 | €44,811 | €48,481 | +€3,670 | +8.2% |
| Other amounts receivable | 41 | €45,000 | €55,326 | +€10,326 | +22.9% |
| Cash at bank and in hand | 54/58 | €88,699 | €132,630 | +€43,931 | +49.5% |
| Deferred charges and accrued income | 490/1 | €1,771 | €1,216 | -€555 | -31.3% |
| Total equity and liabilities | 10/49 | €521,657 | €559,531 | +€37,875 | +7.3% |
| Equity | 10/15 | €225,666 | €155,933 | -€69,733 | -30.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €193,000 | €123,000 | -€70,000 | -36.3% |
| Distributable reserves | 133 | €193,000 | €123,000 | -€70,000 | -36.3% |
| Profit (loss) carried forward | 14 | €2,666 | €2,933 | +€267 | +10.0% |
| Amounts payable | 17/49 | €295,990 | €403,598 | +€107,608 | +36.4% |
| Amounts payable after more than one year | 17 | €195,805 | €175,558 | -€20,247 | -10.3% |
| Financial debts | 170/4 | €195,805 | €175,558 | -€20,247 | -10.3% |
| Amounts payable within one year | 42/48 | €94,186 | €228,040 | +€133,855 | +142% |
| Current portion of amounts payable after more than one year | 42 | €28,013 | €20,247 | -€7,766 | -27.7% |
| Trade debts | 44 | €34,827 | €21,293 | -€13,533 | -38.9% |
| Suppliers | 440/4 | €34,827 | €21,293 | -€13,533 | -38.9% |
| Taxes, remuneration and social security | 45 | €15,040 | €28,518 | +€13,478 | +89.6% |
| Taxes | 450/3 | €13,327 | €20,444 | +€7,117 | +53.4% |
| Remuneration and social security | 454/9 | €1,713 | €8,074 | +€6,361 | +371% |
| Other amounts payable | 47/48 | €16,307 | €157,982 | +€141,675 | +869% |
| Accrued charges and deferred income | 492/3 | €6,000 | €0 | -€6,000 | -100% |
| Remuneration, social security and pensions | 62 | €80,478 | €92,917 | +€12,439 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,552 | €19,497 | -€6,055 | -23.7% |
| Other operating charges | 640/8 | €9,863 | €3,342 | -€6,521 | -66.1% |
| Gross operating margin | 9900 | €169,318 | €211,097 | +€41,778 | +24.7% |
| Operating profit (loss) | 9901 | €53,425 | €95,340 | +€41,915 | +78.5% |
| Financial income | 75/76B | €19 | €0 | -€19 | -100% |
| Recurring financial income | 75 | €19 | €0 | -€19 | -100% |
| Financial charges | 65/66B | €11,369 | €11,640 | +€271 | +2.4% |
| Recurring financial charges | 65 | €11,369 | €11,640 | +€271 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €42,076 | €83,701 | +€41,625 | +98.9% |
| Income taxes | 67/77 | €13,899 | €3,434 | -€10,465 | -75.3% |
| Profit (loss) for the period | 9904 | €28,177 | €80,267 | +€52,090 | +185% |
| Profit (loss) for the period to be appropriated | 9905 | €28,177 | €80,267 | +€52,090 | +185% |
Next steps
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 3 November 2026 via checked.be.