A.D.-deco: what changed
Two fiscal 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.-deco
Largest movements
- Cash -€37,553
down €37,553 (-87.1%), from €43,126 to €5,573
mainly Current investments (-€30,000) and Contributions, distributions and other (-€7,356)
- Current investments +€30,000
new in 2025: €30,000
- Receivables within one year +€6,308
up €6,308 (+157.2%), from €4,014 to €10,322
of which Other amounts receivable: +€3,537
- Tangible fixed assets -€6,307
down €6,307 (-20.6%), from €30,625 to €24,318
of which Furniture and vehicles: -€6,984
- Debts after one year -€6,213
down €6,213 (-24.3%), from €25,615 to €19,401
- Tax, wage and social debts -€3,561
down €3,561 (-42.3%), from €8,413 to €4,852
- Other debts +€2,290
up €2,290 (+12.7%), from €18,018 to €20,308
- Gross operating margin -€13,694
down €13,694 (-40.0%), from €34,213 to €20,519
- Taxes -€3,861
down €3,861 (-48.9%), from €7,896 to €4,035
- Depreciation +€3,012
up €3,012 (+70.2%), from €4,293 to €7,306
- Financial charges +€377
up €377 (+56.9%), from €663 to €1,040
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.
Cash bridge derived
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 | €79,643 | €71,907 | -€7,736 | -9.7% |
| Fixed assets | 21/28 | €30,625 | €24,318 | -€6,307 | -20.6% |
| Tangible fixed assets | 22/27 | €30,625 | €24,318 | -€6,307 | -20.6% |
| Plant, machinery and equipment | 23 | - | €677 | +€677 | |
| Furniture and vehicles | 24 | €30,625 | €23,641 | -€6,984 | -22.8% |
| Current assets | 29/58 | €49,018 | €47,589 | -€1,429 | -2.9% |
| Stocks and contracts in progress | 3 | €1,204 | €1,097 | -€107 | -8.9% |
| Stocks | 30/36 | €1,204 | €1,097 | -€107 | -8.9% |
| Amounts receivable within one year | 40/41 | €4,014 | €10,322 | +€6,308 | +157.2% |
| Trade receivables | 40 | €4,014 | €6,784 | +€2,771 | +69.0% |
| Other amounts receivable | 41 | €0 | €3,537 | +€3,537 | |
| Current investments | 50/53 | - | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €43,126 | €5,573 | -€37,553 | -87.1% |
| Deferred charges and accrued income | 490/1 | €674 | €598 | -€77 | -11.4% |
| Total equity and liabilities | 10/49 | €79,643 | €71,907 | -€7,736 | -9.7% |
| Equity | 10/15 | €23,753 | €23,753 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,553 | €17,553 | = | 0.0% |
| Distributable reserves | 133 | €17,553 | €17,553 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €55,890 | €48,154 | -€7,736 | -13.8% |
| Amounts payable after more than one year | 17 | €25,615 | €19,401 | -€6,213 | -24.3% |
| Financial debts | 170/4 | €25,615 | €19,401 | -€6,213 | -24.3% |
| Amounts payable within one year | 42/48 | €30,275 | €28,753 | -€1,522 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €2,596 | €2,873 | +€277 | +10.7% |
| Trade debts | 44 | €1,248 | €720 | -€529 | -42.3% |
| Suppliers | 440/4 | €1,248 | €720 | -€529 | -42.3% |
| Taxes, remuneration and social security | 45 | €8,413 | €4,852 | -€3,561 | -42.3% |
| Taxes | 450/3 | €8,413 | €4,852 | -€3,561 | -42.3% |
| Other amounts payable | 47/48 | €18,018 | €20,308 | +€2,290 | +12.7% |
| Non-recurring operating income | 76A | €9,050 | €0 | -€9,050 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,293 | €7,306 | +€3,012 | +70.2% |
| Other operating charges | 640/8 | €797 | €782 | -€15 | -1.9% |
| Gross operating margin | 9900 | €34,213 | €20,519 | -€13,694 | -40.0% |
| Operating profit (loss) | 9901 | €29,123 | €12,431 | -€16,692 | -57.3% |
| Financial income | 75/76B | €295 | €0 | -€295 | -100.0% |
| Recurring financial income | 75 | €295 | €0 | -€295 | -100.0% |
| Financial charges | 65/66B | €663 | €1,040 | +€377 | +56.9% |
| Recurring financial charges | 65 | €663 | €1,040 | +€377 | +56.9% |
| Profit (loss) for the period before taxes | 9903 | €28,755 | €11,391 | -€17,364 | -60.4% |
| Income taxes | 67/77 | €7,896 | €4,035 | -€3,861 | -48.9% |
| Profit (loss) for the period | 9904 | €20,859 | €7,356 | -€13,503 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,859 | €7,356 | -€13,503 | -64.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.