Aardling: 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.
Aardling
Largest movements
- Cash +€28,853
up €28,853 (+391%), from €7,377 to €36,230
mainly Receivables within one year (+€23,557) and Current investments (+€19,922)
- Receivables within one year -€23,557
down €23,557 (-43.2%), from €54,482 to €30,924
of which Trade receivables: -€37,817
- Current investments -€19,922
down €19,922 (-56.9%), from €35,007 to €15,085
- Financial fixed assets +€6,000
up €6,000 (+20.0%), from €30,000 to €36,000
- Intangible fixed assets -€3,103
down €3,103 (-25.2%), from €12,312 to €9,208
- Profit (loss) carried forward -€29,182
down €29,182 (-75.0%), from €38,892 to €9,709
- Trade debts +€10,652
up €10,652 (+1,960%), from €544 to €11,196
- Tax, wage and social debts +€7,628
up €7,628 (+25.6%), from €29,795 to €37,423
of which Remuneration and social security: +€5,750
- Reserves -€2,126
down €2,126 (-21.4%), from €9,922 to €7,797
- Gross operating margin -€256,257
down €256,257 (-96.7%), from €264,905 to €8,647
- Financial income +€198,165
up €198,165 (+2,024,154%), from €10 to €198,174
- Staff costs -€34,065
down €34,065 (-12.8%), from €265,639 to €231,574
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,630 | €135,139 | -€13,491 | -9.1% |
| Fixed assets | 21/28 | €42,622 | €45,208 | +€2,586 | +6.1% |
| Intangible fixed assets | 21 | €12,312 | €9,208 | -€3,103 | -25.2% |
| Tangible fixed assets | 22/27 | €311 | - | -€311 | |
| Furniture and vehicles | 24 | €311 | - | -€311 | |
| Financial fixed assets | 28 | €30,000 | €36,000 | +€6,000 | +20.0% |
| Current assets | 29/58 | €106,008 | €89,930 | -€16,077 | -15.2% |
| Amounts receivable within one year | 40/41 | €54,482 | €30,924 | -€23,557 | -43.2% |
| Trade receivables | 40 | €48,750 | €10,932 | -€37,817 | -77.6% |
| Other amounts receivable | 41 | €5,732 | €19,992 | +€14,260 | +249% |
| Current investments | 50/53 | €35,007 | €15,085 | -€19,922 | -56.9% |
| Cash at bank and in hand | 54/58 | €7,377 | €36,230 | +€28,853 | +391% |
| Deferred charges and accrued income | 490/1 | €9,142 | €7,691 | -€1,451 | -15.9% |
| Total equity and liabilities | 10/49 | €148,630 | €135,139 | -€13,491 | -9.1% |
| Equity | 10/15 | €56,969 | €25,661 | -€31,308 | -55.0% |
| Contributions | 10/11 | €8,155 | €8,155 | = | 0.0% |
| Reserves | 13 | €9,922 | €7,797 | -€2,126 | -21.4% |
| Distributable reserves | 133 | €9,922 | €7,797 | -€2,126 | -21.4% |
| Profit (loss) carried forward | 14 | €38,892 | €9,709 | -€29,182 | -75.0% |
| Amounts payable | 17/49 | €91,661 | €109,478 | +€17,817 | +19.4% |
| Amounts payable within one year | 42/48 | €91,661 | €109,478 | +€17,817 | +19.4% |
| Financial debts | 43 | €804 | €1,225 | +€421 | +52.3% |
| Credit institutions | 430/8 | €804 | €1,225 | +€421 | +52.3% |
| Trade debts | 44 | €544 | €11,196 | +€10,652 | +1,960% |
| Suppliers | 440/4 | €544 | €11,196 | +€10,652 | +1,960% |
| Taxes, remuneration and social security | 45 | €29,795 | €37,423 | +€7,628 | +25.6% |
| Taxes | 450/3 | €2,553 | €4,431 | +€1,878 | +73.6% |
| Remuneration and social security | 454/9 | €27,243 | €32,992 | +€5,750 | +21.1% |
| Other amounts payable | 47/48 | €60,517 | €59,634 | -€884 | -1.5% |
| Remuneration, social security and pensions | 62 | €265,639 | €231,574 | -€34,065 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,497 | €3,414 | -€83 | -2.4% |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | €264,905 | €8,647 | -€256,257 | -96.7% |
| Operating profit (loss) | 9901 | -€4,731 | -€226,854 | -€222,123 | -4,695% |
| Financial income | 75/76B | €10 | €198,174 | +€198,165 | +2,024,154% |
| Recurring financial income | 75 | €10 | €198,174 | +€198,165 | +2,024,154% |
| Financial charges | 65/66B | €97 | €106 | +€9 | +9.7% |
| Recurring financial charges | 65 | €97 | €106 | +€9 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,818 | -€28,786 | -€23,968 | -497% |
| Income taxes | 67/77 | €394 | €397 | +€2 | +0.6% |
| Profit (loss) for the period | 9904 | -€5,212 | -€29,182 | -€23,970 | -460% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,212 | -€29,182 | -€23,970 | -460% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.