A.D.S. NET: 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.S. NET
Largest movements
- Cash -€14,835
down €14,835 (-88.4%), from €16,774 to €1,940
mainly Receivables within one year (-€7,054) and Trade debts (-€5,535)
- Receivables within one year +€7,054
up €7,054 (+20.5%), from €34,353 to €41,407
of which Trade receivables: +€6,451
- Tangible fixed assets -€1,252
down €1,252 (-39.5%), from €3,169 to €1,917
of which Land and buildings: -€659
- Trade debts -€5,535
down €5,535 (-86.1%), from €6,425 to €890
- Debts after one year -€4,046
down €4,046 (-42.3%), from €9,558 to €5,511
- Profit (loss) carried forward -€3,523
down €3,523 (-50.3%), from -€7,009 to -€10,532
- Other debts +€3,080
up €3,080 (+10.7%), from €28,733 to €31,814
- Short-term financial debts +€1,488
up €1,488 (+65.8%), from €2,261 to €3,749
- Turnover -€65,972
no longer reported in 2024 (was €65,972)
- Purchases and services -€63,109
no longer reported in 2024 (was €63,109)
- Financial income -€6,751
down €6,751 (-76.6%), from €8,814 to €2,063
of which Non-recurring financial income: -€6,448
- Gross operating margin +€3,263
up €3,263 (+84.2%), from €3,875 to €7,138
- Financial charges -€1,517
down €1,517 (-42.9%), from €3,539 to €2,021
of which Financial charges: -€1,439
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,788 | €63,546 | -€9,242 | -12.7% |
| Fixed assets | 21/28 | €3,169 | €1,917 | -€1,252 | -39.5% |
| Tangible fixed assets | 22/27 | €3,169 | €1,917 | -€1,252 | -39.5% |
| Land and buildings | 22 | €1,460 | €801 | -€659 | -45.1% |
| Plant, machinery and equipment | 23 | €1,144 | €752 | -€392 | -34.3% |
| Furniture and vehicles | 24 | €566 | €364 | -€202 | -35.7% |
| Current assets | 29/58 | €69,619 | €61,629 | -€7,989 | -11.5% |
| Stocks and contracts in progress | 3 | €17,881 | €18,283 | +€401 | +2.2% |
| Stocks | 30/36 | €17,881 | €18,283 | +€401 | +2.2% |
| Amounts receivable within one year | 40/41 | €34,353 | €41,407 | +€7,054 | +20.5% |
| Trade receivables | 40 | €28,104 | €34,554 | +€6,451 | +23.0% |
| Other amounts receivable | 41 | €6,249 | €6,853 | +€604 | +9.7% |
| Cash at bank and in hand | 54/58 | €16,774 | €1,940 | -€14,835 | -88.4% |
| Deferred charges and accrued income | 490/1 | €611 | - | -€611 | |
| Total equity and liabilities | 10/49 | €72,788 | €63,546 | -€9,242 | -12.7% |
| Equity | 10/15 | €25,105 | €21,582 | -€3,523 | -14.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Capital | 10 | €19,000 | €19,000 | = | 0.0% |
| Issued capital | 100 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €13,114 | €13,114 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,999 | €4,999 | = | 0.0% |
| Legal reserve | 130 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €8,115 | +€8,115 | |
| Distributable reserves | 133 | €8,115 | - | -€8,115 | |
| Profit (loss) carried forward | 14 | -€7,009 | -€10,532 | -€3,523 | -50.3% |
| Amounts payable | 17/49 | €47,683 | €41,965 | -€5,719 | -12.0% |
| Amounts payable after more than one year | 17 | €9,558 | €5,511 | -€4,046 | -42.3% |
| Financial debts | 170/4 | €9,558 | €5,511 | -€4,046 | -42.3% |
| Amounts payable within one year | 42/48 | €38,126 | €36,453 | -€1,673 | -4.4% |
| Financial debts | 43 | €2,261 | €3,749 | +€1,488 | +65.8% |
| Credit institutions | 430/8 | €2,261 | €3,749 | +€1,488 | +65.8% |
| Trade debts | 44 | €6,425 | €890 | -€5,535 | -86.1% |
| Suppliers | 440/4 | €6,425 | €890 | -€5,535 | -86.1% |
| Taxes, remuneration and social security | 45 | €706 | - | -€706 | |
| Taxes | 450/3 | €706 | - | -€706 | |
| Other amounts payable | 47/48 | €28,733 | €31,814 | +€3,080 | +10.7% |
| Turnover | 70 | €65,972 | - | -€65,972 | |
| Goods, raw materials, services and sundry goods | 60/61 | €63,109 | - | -€63,109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,867 | €1,497 | -€1,369 | -47.8% |
| Other operating charges | 640/8 | €1,424 | €1,525 | +€101 | +7.1% |
| Non-recurring operating charges | 66A | - | €7,630 | +€7,630 | |
| Gross operating margin | 9900 | €3,875 | €7,138 | +€3,263 | +84.2% |
| Operating profit (loss) | 9901 | -€416 | -€3,515 | -€3,098 | -745% |
| Financial income | 75/76B | €8,814 | €2,063 | -€6,751 | -76.6% |
| Recurring financial income | 75 | €780 | €477 | -€303 | -38.8% |
| Non-recurring financial income | 76B | €8,034 | €1,585 | -€6,448 | -80.3% |
| Financial charges | 65/66B | €3,539 | €2,021 | -€1,517 | -42.9% |
| Recurring financial charges | 65 | €3,461 | €2,021 | -€1,439 | -41.6% |
| Non-recurring financial charges | 66B | €78 | - | -€78 | |
| Profit (loss) for the period before taxes | 9903 | €4,859 | -€3,473 | -€8,332 | |
| Income taxes | 67/77 | €566 | €50 | -€516 | -91.2% |
| Profit (loss) for the period | 9904 | €4,293 | -€3,523 | -€7,816 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,293 | -€3,523 | -€7,816 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.