Villa 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.
Villa Ardennes
Largest movements
- Cash -€64,889
down €64,889 (-84.8%), from €76,502 to €11,613
mainly Receivables within one year (-€56,270) and Net result for the year (-€49,152)
- Receivables within one year +€56,270
up €56,270 (+2,836%), from €1,984 to €58,255
- Intangible fixed assets -€38,055
down €38,055 (-8.6%), from €441,667 to €403,612
- Profit (loss) carried forward -€49,152
down €49,152 (-77.3%), from -€63,624 to -€112,777
- Other debts -€13,358
down €13,358 (-4.3%), from €309,427 to €296,069
- Debts after one year +€8,495
up €8,495 (+3.9%), from €217,765 to €226,260
- Depreciation -€7,907
down €7,907 (-13.6%), from €58,333 to €50,427
- Gross operating margin +€6,316
up €6,316 (+7.7%), from €82,318 to €88,635
- Financial income -€5,015
down €5,015 (-100.0%), from €5,015 to €0
- Financial charges -€3,992
down €3,992 (-32.7%), from €12,217 to €8,225
- Staff costs -€990
down €990 (-1.2%), from €80,061 to €79,071
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €520,153 | €474,333 | -€45,820 | -8.8% |
| Fixed assets | 21/28 | €441,667 | €404,465 | -€37,202 | -8.4% |
| Intangible fixed assets | 21 | €441,667 | €403,612 | -€38,055 | -8.6% |
| Tangible fixed assets | 22/27 | - | €853 | +€853 | |
| Plant, machinery and equipment | 23 | - | €853 | +€853 | |
| Current assets | 29/58 | €78,486 | €69,868 | -€8,618 | -11.0% |
| Amounts receivable within one year | 40/41 | €1,984 | €58,255 | +€56,270 | +2,836% |
| Trade receivables | 40 | €1,984 | €58,255 | +€56,270 | +2,836% |
| Cash at bank and in hand | 54/58 | €76,502 | €11,613 | -€64,889 | -84.8% |
| Total equity and liabilities | 10/49 | €520,153 | €474,333 | -€45,820 | -8.8% |
| Equity | 10/15 | -€53,624 | -€102,777 | -€49,152 | -91.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,624 | -€112,777 | -€49,152 | -77.3% |
| Amounts payable | 17/49 | €573,777 | €577,110 | +€3,332 | +0.6% |
| Amounts payable after more than one year | 17 | €217,765 | €226,260 | +€8,495 | +3.9% |
| Financial debts | 170/4 | €217,765 | €226,260 | +€8,495 | +3.9% |
| Amounts payable within one year | 42/48 | €356,012 | €350,849 | -€5,163 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €40,171 | €41,505 | +€1,333 | +3.3% |
| Trade debts | 44 | €5,967 | €9,674 | +€3,707 | +62.1% |
| Suppliers | 440/4 | €5,967 | €9,674 | +€3,707 | +62.1% |
| Taxes, remuneration and social security | 45 | €447 | €3,601 | +€3,154 | +706% |
| Taxes | 450/3 | €447 | €2,878 | +€2,431 | +544% |
| Remuneration and social security | 454/9 | - | €723 | +€723 | |
| Other amounts payable | 47/48 | €309,427 | €296,069 | -€13,358 | -4.3% |
| Non-recurring operating income | 76A | €12,182 | €4,848 | -€7,334 | -60.2% |
| Remuneration, social security and pensions | 62 | €80,061 | €79,071 | -€990 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,333 | €50,427 | -€7,907 | -13.6% |
| Other operating charges | 640/8 | €347 | €65 | -€282 | -81.3% |
| Gross operating margin | 9900 | €82,318 | €88,635 | +€6,316 | +7.7% |
| Operating profit (loss) | 9901 | -€56,423 | -€40,928 | +€15,495 | +27.5% |
| Financial income | 75/76B | €5,015 | €0 | -€5,015 | -100.0% |
| Recurring financial income | 75 | €5,015 | €0 | -€5,015 | -100.0% |
| Financial charges | 65/66B | €12,217 | €8,225 | -€3,992 | -32.7% |
| Recurring financial charges | 65 | €12,217 | €8,225 | -€3,992 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | -€63,624 | -€49,152 | +€14,472 | +22.7% |
| Profit (loss) for the period | 9904 | -€63,624 | -€49,152 | +€14,472 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,624 | -€49,152 | +€14,472 | +22.7% |
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 26 October 2026 via checked.be.