A.D.BUSINESS: 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.
A.D.BUSINESS
Largest movements
- Stocks and contracts -€163,121
down €163,121 (-100%), from €163,121 to €0
- Cash +€41,152
up €41,152 (+85.7%), from €48,047 to €89,199
mainly Stocks and contracts (+€163,121) and Receivables within one year (+€422)
- Other debts -€70,000
down €70,000 (-19.2%), from €364,814 to €294,814
- Profit (loss) carried forward -€51,981
down €51,981 (-29.2%), from -€177,841 to -€229,822
- Purchases and services +€170,932
up €170,932 (+5,156%), from €3,315 to €174,247
- Turnover +€125,000
new in 2025: €125,000
- Gross operating margin -€49,022
down €49,022, from €185 to -€48,838
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 | €211,589 | €89,199 | -€122,390 | -57.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €211,589 | €89,199 | -€122,390 | -57.8% |
| Stocks and contracts in progress | 3 | €163,121 | €0 | -€163,121 | -100% |
| Stocks | 30/36 | €163,121 | €0 | -€163,121 | -100% |
| Amounts receivable within one year | 40/41 | €422 | €0 | -€422 | -100% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €422 | €0 | -€422 | -100% |
| Cash at bank and in hand | 54/58 | €48,047 | €89,199 | +€41,152 | +85.7% |
| Total equity and liabilities | 10/49 | €211,589 | €89,199 | -€122,390 | -57.8% |
| Equity | 10/15 | -€153,634 | -€205,614 | -€51,981 | -33.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,608 | €5,608 | = | 0.0% |
| Distributable reserves | 133 | €5,608 | €5,608 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€177,841 | -€229,822 | -€51,981 | -29.2% |
| Amounts payable | 17/49 | €365,223 | €294,814 | -€70,410 | -19.3% |
| Amounts payable within one year | 42/48 | €365,223 | €294,814 | -€70,410 | -19.3% |
| Trade debts | 44 | €410 | €0 | -€410 | -100% |
| Suppliers | 440/4 | €410 | €0 | -€410 | -100% |
| Other amounts payable | 47/48 | €364,814 | €294,814 | -€70,000 | -19.2% |
| Turnover | 70 | - | €125,000 | +€125,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,315 | €174,247 | +€170,932 | +5,156% |
| Other operating charges | 640/8 | €3,319 | €3,035 | -€284 | -8.5% |
| Gross operating margin | 9900 | €185 | -€48,838 | -€49,022 | |
| Operating profit (loss) | 9901 | -€3,134 | -€51,873 | -€48,739 | -1,555% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €103 | €108 | +€5 | +4.9% |
| Recurring financial charges | 65 | €103 | €108 | +€5 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,237 | -€51,981 | -€48,744 | -1,506% |
| Profit (loss) for the period | 9904 | -€3,237 | -€51,981 | -€48,744 | -1,506% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,237 | -€51,981 | -€48,744 | -1,506% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.