AD AUDIT: 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.
AD AUDIT
Largest movements
- Cash +€43,077
up €43,077 (+54.4%), from €79,252 to €122,330
mainly Net result for the year (+€41,557) and Depreciation (+€9,123)
- Tangible fixed assets -€9,123
down €9,123 (-38.3%), from €23,799 to €14,677
of which Furniture and vehicles: -€8,451
- Receivables within one year +€2,003
up €2,003 (+20.1%), from €9,975 to €11,978
- Reserves +€40,557
up €40,557 (+48.3%), from €84,000 to €124,557
- Other debts -€6,991
down €6,991 (-58.1%), from €12,036 to €5,045
- Gross operating margin +€6,276
up €6,276 (+10.8%), from €58,041 to €64,316
- Taxes +€1,291
up €1,291 (+12.4%), from €10,396 to €11,687
- Other operating charges +€835
up €835 (+83.0%), from €1,007 to €1,842
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 | €114,520 | €150,495 | +€35,976 | +31.4% |
| Fixed assets | 21/28 | €23,799 | €14,677 | -€9,123 | -38.3% |
| Tangible fixed assets | 22/27 | €23,799 | €14,677 | -€9,123 | -38.3% |
| Furniture and vehicles | 24 | €21,242 | €12,791 | -€8,451 | -39.8% |
| Other tangible fixed assets | 26 | €2,558 | €1,886 | -€672 | -26.3% |
| Current assets | 29/58 | €90,720 | €135,819 | +€45,098 | +49.7% |
| Amounts receivable within one year | 40/41 | €9,975 | €11,978 | +€2,003 | +20.1% |
| Trade receivables | 40 | €9,975 | €11,978 | +€2,003 | +20.1% |
| Cash at bank and in hand | 54/58 | €79,252 | €122,330 | +€43,077 | +54.4% |
| Deferred charges and accrued income | 490/1 | €1,493 | €1,511 | +€18 | +1.2% |
| Total equity and liabilities | 10/49 | €114,520 | €150,495 | +€35,976 | +31.4% |
| Equity | 10/15 | €86,052 | €127,608 | +€41,557 | +48.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €84,000 | €124,557 | +€40,557 | +48.3% |
| Distributable reserves | 133 | €84,000 | €124,557 | +€40,557 | +48.3% |
| Profit (loss) carried forward | 14 | €1,052 | €2,052 | +€1,000 | +95.1% |
| Amounts payable | 17/49 | €28,468 | €22,887 | -€5,581 | -19.6% |
| Amounts payable within one year | 42/48 | €28,468 | €22,887 | -€5,581 | -19.6% |
| Trade debts | 44 | - | €33 | +€33 | |
| Suppliers | 440/4 | - | €33 | +€33 | |
| Taxes, remuneration and social security | 45 | €16,432 | €17,809 | +€1,377 | +8.4% |
| Taxes | 450/3 | €16,432 | €17,809 | +€1,377 | +8.4% |
| Other amounts payable | 47/48 | €12,036 | €5,045 | -€6,991 | -58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,034 | €9,123 | +€89 | +1.0% |
| Other operating charges | 640/8 | €1,007 | €1,842 | +€835 | +83.0% |
| Gross operating margin | 9900 | €58,041 | €64,316 | +€6,276 | +10.8% |
| Operating profit (loss) | 9901 | €47,999 | €53,351 | +€5,352 | +11.1% |
| Financial charges | 65/66B | €80 | €107 | +€27 | +34.2% |
| Recurring financial charges | 65 | €80 | €107 | +€27 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €47,919 | €53,244 | +€5,324 | +11.1% |
| Income taxes | 67/77 | €10,396 | €11,687 | +€1,291 | +12.4% |
| Profit (loss) for the period | 9904 | €37,524 | €41,557 | +€4,033 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,524 | €41,557 | +€4,033 | +10.7% |
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 29 September 2026 via checked.be.