A+D CONCEPT: 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 CONCEPT
Largest movements
- Cash +€27,258
up €27,258 (+935%), from €2,914 to €30,172
mainly Current investments (+€25,000) and Net result for the year (+€2,275)
- Current investments -€25,000
down €25,000 (-96.8%), from €25,829 to €829
- Profit (loss) carried forward +€2,275
up €2,275 (+10.6%), from €21,559 to €23,834
- Financial income +€547
up €547 (+93.8%), from €583 to €1,129
- Gross operating margin -€148
down €148 (-10.4%), from €1,428 to €1,280
- Depreciation -€141
no longer reported in 2025 (was €141)
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 | €29,619 | €32,014 | +€2,395 | +8.1% |
| Current assets | 29/58 | €29,619 | €32,014 | +€2,395 | +8.1% |
| Amounts receivable within one year | 40/41 | €876 | €1,014 | +€138 | +15.7% |
| Other amounts receivable | 41 | €876 | €1,014 | +€138 | +15.7% |
| Current investments | 50/53 | €25,829 | €829 | -€25,000 | -96.8% |
| Cash at bank and in hand | 54/58 | €2,914 | €30,172 | +€27,258 | +935% |
| Total equity and liabilities | 10/49 | €29,619 | €32,014 | +€2,395 | +8.1% |
| Equity | 10/15 | €29,619 | €31,894 | +€2,275 | +7.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,559 | €23,834 | +€2,275 | +10.6% |
| Amounts payable | 17/49 | - | €121 | +€121 | |
| Amounts payable within one year | 42/48 | - | €121 | +€121 | |
| Taxes, remuneration and social security | 45 | - | €121 | +€121 | |
| Taxes | 450/3 | - | €121 | +€121 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141 | - | -€141 | |
| Other operating charges | 640/8 | €69 | €72 | +€2 | +3.2% |
| Gross operating margin | 9900 | €1,428 | €1,280 | -€148 | -10.4% |
| Operating profit (loss) | 9901 | €1,218 | €1,208 | -€10 | -0.8% |
| Financial income | 75/76B | €583 | €1,129 | +€547 | +93.8% |
| Recurring financial income | 75 | €583 | €1,129 | +€547 | +93.8% |
| Financial charges | 65/66B | €60 | €63 | +€2 | +4.0% |
| Recurring financial charges | 65 | €60 | €63 | +€2 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €1,741 | €2,275 | +€534 | +30.7% |
| Profit (loss) for the period | 9904 | €1,741 | €2,275 | +€534 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,741 | €2,275 | +€534 | +30.7% |
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 15 October 2026 via checked.be.