SERVICES ARDENNES: 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.
What changed
SERVICES ARDENNES
NACE 87.101, Residential care activities
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€70,471
2023 · -€93,444+€163,916
Equity
€1.8m
2023 · €1.6m+€191,096
Cash
€2,696
2023 · €82,757-€80,061
Balance sheet total
€6.4m
2023 · €5.9m+€543,285
Largest movements
Assets
- Financial fixed assets +€500,000
new in 2024: €500,000
- Receivables within one year +€223,165
up €223,165 (+7.0%), from €3.2m to €3.4m
of which Other amounts receivable: +€260,961
- Tangible fixed assets -€211,582
down €211,582 (-9.4%), from €2.3m to €2.0m
of which Other tangible fixed assets: -€142,035
- Deferred charges and accrued income +€111,763
up €111,763 (+29.2%), from €382,236 to €493,999
- Cash -€80,061
down €80,061 (-96.7%), from €82,757 to €2,696
mainly Investment in fixed assets (net) (-€527,177) and Receivables within one year (-€223,165)
Equity and liabilities
- Profit (loss) carried forward +€992,428
up €992,428, from -€992,428 to €0
- Reserves -€921,957
down €921,957 (-37.5%), from €2.5m to €1.5m
of which Distributable reserves: -€921,957
- Tax, wage and social debts +€366,742
up €366,742 (+15.8%), from €2.3m to €2.7m
of which Remuneration and social security: +€339,942
- Trade debts +€220,948
up €220,948 (+29.2%), from €757,305 to €978,253
- Accrued charges and deferred income -€196,153
down €196,153 (-52.5%), from €373,629 to €177,477
Income statement
- Turnover +€568,917
up €568,917 (+5.6%), from €10.2m to €10.8m
- Depreciation -€175,590
down €175,590 (-42.4%), from €414,350 to €238,759
- Services and other goods +€169,404
up €169,404 (+3.9%), from €4.4m to €4.5m
- Financial charges +€131,422
up €131,422 (+536%), from €24,509 to €155,931
From the 2023 result to the 2024 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.
Result 2023
-€93,444
Turnover
+€568,917
Other operating income
-€77,209
Goods and materials
-€31,852
Services and other goods
-€169,404
Staff costs
-€10,739
Depreciation
+€175,590
Write-downs
-€37,909
Other operating charges
-€51,984
Other operating items
-€110,287
Financial income
+€36,995
Financial charges
-€131,422
Taxes
+€3,219
Result 2024
€70,471
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€428,244
Investment
-€527,177
Financing
+€18,872
Cash 2023
€82,757
From operations (derived)
+€428,244
Net result for the year
+€70,471
Depreciation
+€238,759
Receivables within one year
-€223,165
Deferred charges and accrued income
-€111,763
Trade debts
+€220,948
Tax, wage and social debts
+€366,742
Advances received
+€9,799
Other debts
+€52,606
Accrued charges and deferred income
-€196,153
Investment (derived)
-€527,177
Investment in fixed assets (net)
-€527,177
Financing
+€18,872
Debts after one year
-€1,851
Current portion of long-term debt
+€108
Short-term financial debts
-€100,009
Contributions, distributions and other
+€120,625
Cash 2024
€2,696
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,890,407 | €6,433,692 | +€543,285 | +9.2% |
| Fixed assets | 21/28 | €2,251,458 | €2,539,876 | +€288,418 | +12.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €2,251,458 | €2,039,876 | -€211,582 | -9.4% |
| Land and buildings | 22 | €21,000 | €21,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €58,975 | €46,980 | -€11,994 | -20.3% |
| Furniture and vehicles | 24 | €231,556 | €174,003 | -€57,553 | -24.9% |
| Other tangible fixed assets | 26 | €1,939,928 | €1,797,893 | -€142,035 | -7.3% |
| Financial fixed assets | 28 | - | €500,000 | +€500,000 | |
| Affiliated companies | 280/1 | - | €500,000 | +€500,000 | |
| Amounts receivable | 281 | - | €500,000 | +€500,000 | |
| Current assets | 29/58 | €3,638,949 | €3,893,816 | +€254,867 | +7.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €3,173,956 | €3,397,121 | +€223,165 | +7.0% |
| Trade receivables | 40 | €861,267 | €823,471 | -€37,796 | -4.4% |
| Other amounts receivable | 41 | €2,312,689 | €2,573,650 | +€260,961 | +11.3% |
| Current investments | 50/53 | €0 | - | = | |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €82,757 | €2,696 | -€80,061 | -96.7% |
| Deferred charges and accrued income | 490/1 | €382,236 | €493,999 | +€111,763 | +29.2% |
| Total equity and liabilities | 10/49 | €5,890,407 | €6,433,692 | +€543,285 | +9.2% |
| Equity | 10/15 | €1,614,838 | €1,805,934 | +€191,096 | +11.8% |
| Contributions | 10/11 | €132,428 | €132,428 | = | 0.0% |
| Reserves | 13 | €2,460,950 | €1,538,993 | -€921,957 | -37.5% |
| Non-distributable reserves | 130/1 | €13,200 | €13,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,200 | €13,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €2,429,000 | €1,507,043 | -€921,957 | -38.0% |
| Profit (loss) carried forward | 14 | -€992,428 | €0 | +€992,428 | |
| Investment grants | 15 | €13,888 | €134,513 | +€120,625 | +869% |
| Provisions and deferred taxes | 16 | €7,780 | €7,780 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €7,780 | €7,780 | = | 0.0% |
| Environmental obligations | 163 | €7,780 | €7,780 | = | 0.0% |
| Amounts payable | 17/49 | €4,267,790 | €4,619,978 | +€352,189 | +8.3% |
| Amounts payable after more than one year | 17 | €1,851 | €0 | -€1,851 | -100% |
| Financial debts | 170/4 | €1,851 | €0 | -€1,851 | -100% |
| Leasing and similar obligations | 172 | €1,851 | €0 | -€1,851 | -100% |
| Amounts payable within one year | 42/48 | €3,892,309 | €4,442,502 | +€550,193 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €1,744 | €1,851 | +€108 | +6.2% |
| Financial debts | 43 | €206,689 | €106,680 | -€100,009 | -48.4% |
| Credit institutions | 430/8 | €206,689 | €106,680 | -€100,009 | -48.4% |
| Trade debts | 44 | €757,305 | €978,253 | +€220,948 | +29.2% |
| Suppliers | 440/4 | €757,305 | €978,253 | +€220,948 | +29.2% |
| Advances received on contracts in progress | 46 | €101,323 | €111,123 | +€9,799 | +9.7% |
| Taxes, remuneration and social security | 45 | €2,317,749 | €2,684,490 | +€366,742 | +15.8% |
| Taxes | 450/3 | €378,630 | €405,430 | +€26,799 | +7.1% |
| Remuneration and social security | 454/9 | €1,939,118 | €2,279,061 | +€339,942 | +17.5% |
| Other amounts payable | 47/48 | €507,500 | €560,105 | +€52,606 | +10.4% |
| Accrued charges and deferred income | 492/3 | €373,629 | €177,477 | -€196,153 | -52.5% |
| Operating income | 70/76A | €12,474,133 | €12,940,757 | +€466,624 | +3.7% |
| Turnover | 70 | €10,197,951 | €10,766,867 | +€568,917 | +5.6% |
| Other operating income | 74 | €2,247,739 | €2,170,530 | -€77,209 | -3.4% |
| Non-recurring operating income | 76A | €28,444 | €3,360 | -€25,084 | -88.2% |
| Operating charges | 60/66A | €12,587,013 | €12,798,513 | +€211,501 | +1.7% |
| Goods for resale, raw materials and consumables | 60 | €513,228 | €545,080 | +€31,852 | +6.2% |
| Purchases | 600/8 | €513,228 | €545,080 | +€31,852 | +6.2% |
| Services and other goods | 61 | €4,368,495 | €4,537,899 | +€169,404 | +3.9% |
| Remuneration, social security and pensions | 62 | €6,849,983 | €6,860,722 | +€10,739 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €414,350 | €238,759 | -€175,590 | -42.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€12,919 | €24,990 | +€37,909 | |
| Other operating charges | 640/8 | €453,877 | €505,860 | +€51,984 | +11.5% |
| Non-recurring operating charges | 66A | €0 | €85,204 | +€85,204 | |
| Operating profit (loss) | 9901 | -€112,880 | €142,244 | +€255,123 | |
| Financial income | 75/76B | €47,889 | €84,885 | +€36,995 | +77.3% |
| Recurring financial income | 75 | €47,889 | €84,885 | +€36,995 | +77.3% |
| Income from current assets | 751 | €45,189 | €79,680 | +€34,490 | +76.3% |
| Other financial income | 752/9 | €2,700 | €5,205 | +€2,505 | +92.8% |
| Financial charges | 65/66B | €24,509 | €155,931 | +€131,422 | +536% |
| Recurring financial charges | 65 | €24,509 | €155,931 | +€131,422 | +536% |
| Debt charges | 650 | €38,467 | €122,457 | +€83,990 | +218% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€99,944 | €0 | +€99,944 | |
| Other financial charges | 652/9 | €85,986 | €33,474 | -€52,512 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | -€89,499 | €71,198 | +€160,697 | |
| Income taxes | 67/77 | €3,946 | €727 | -€3,219 | -81.6% |
| Taxes | 670/3 | €3,946 | €727 | -€3,219 | -81.6% |
| Profit (loss) for the period | 9904 | -€93,444 | €70,471 | +€163,916 | |
| Profit (loss) for the period to be appropriated | 9905 | -€93,444 | €70,471 | +€163,916 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.