A.D. CREDITS: 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. CREDITS
Largest movements
- Cash -€366
down €366 (-37.6%), from €974 to €607
mainly Net result for the year (-€1,312)
- Deferred charges and accrued income -€38
down €38 (-8.1%), from €464 to €427
- Profit (loss) carried forward -€1,312
down €1,312 (-36.8%), from -€3,562 to -€4,873
- Trade debts +€908
new in 2025: €908
- Gross operating margin +€3,016
up €3,016 (+558%), from €540 to €3,557
- Other operating charges +€1,549
up €1,549 (+200%), from €773 to €2,322
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 | €1,438 | €1,034 | -€404 | -28.1% |
| Current assets | 29/58 | €1,438 | €1,034 | -€404 | -28.1% |
| Cash at bank and in hand | 54/58 | €974 | €607 | -€366 | -37.6% |
| Deferred charges and accrued income | 490/1 | €464 | €427 | -€38 | -8.1% |
| Total equity and liabilities | 10/49 | €1,438 | €1,034 | -€404 | -28.1% |
| Equity | 10/15 | €1,438 | €127 | -€1,312 | -91.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,562 | -€4,873 | -€1,312 | -36.8% |
| Amounts payable | 17/49 | - | €908 | +€908 | |
| Amounts payable within one year | 42/48 | - | €908 | +€908 | |
| Trade debts | 44 | - | €908 | +€908 | |
| Suppliers | 440/4 | - | €908 | +€908 | |
| Other operating charges | 640/8 | €773 | €2,322 | +€1,549 | +200% |
| Non-recurring operating charges | 66A | - | €2,500 | +€2,500 | |
| Gross operating margin | 9900 | €540 | €3,557 | +€3,016 | +558% |
| Operating profit (loss) | 9901 | -€233 | -€1,265 | -€1,033 | -443% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€279 | -€1,312 | -€1,033 | -370% |
| Profit (loss) for the period | 9904 | -€279 | -€1,312 | -€1,033 | -370% |
| Profit (loss) for the period to be appropriated | 9905 | -€279 | -€1,312 | -€1,033 | -370% |
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 21 October 2026 via checked.be.