AD CONSULT: 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 CONSULT
Largest movements
- Intangible fixed assets -€3,997
down €3,997 (-100.0%), from €3,997 to €0
- Cash +€2,916
up €2,916 (+52.1%), from €5,602 to €8,518
mainly Depreciation (+€4,536) and Other debts (+€1,863)
- Tangible fixed assets -€539
down €539 (-51.4%), from €1,049 to €510
- Receivables within one year -€232
down €232 (-100.0%), from €232 to €0
- Reserves -€3,318
down €3,318 (-47.2%), from €7,031 to €3,713
- Other debts +€1,863
up €1,863 (+208.1%), from €895 to €2,758
- Tax, wage and social debts -€215
down €215 (-16.9%), from €1,273 to €1,058
- Trade debts -€182
down €182 (-100.0%), from €182 to €0
- Depreciation +€2,995
up €2,995 (+194.2%), from €1,542 to €4,536
- Taxes -€789
down €789 (-100.0%), from €789 to €0
- Other operating charges +€496
new in 2025: €496
- Gross operating margin +€193
up €193 (+12.3%), from €1,575 to €1,768
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 | €10,880 | €9,028 | -€1,852 | -17.0% |
| Fixed assets | 21/28 | €5,046 | €510 | -€4,536 | -89.9% |
| Intangible fixed assets | 21 | €3,997 | €0 | -€3,997 | -100.0% |
| Tangible fixed assets | 22/27 | €1,049 | €510 | -€539 | -51.4% |
| Plant, machinery and equipment | 23 | €1,049 | €510 | -€539 | -51.4% |
| Current assets | 29/58 | €5,834 | €8,518 | +€2,684 | +46.0% |
| Amounts receivable within one year | 40/41 | €232 | €0 | -€232 | -100.0% |
| Trade receivables | 40 | €232 | €0 | -€232 | -100.0% |
| Cash at bank and in hand | 54/58 | €5,602 | €8,518 | +€2,916 | +52.1% |
| Total equity and liabilities | 10/49 | €10,880 | €9,028 | -€1,852 | -17.0% |
| Equity | 10/15 | €7,031 | €3,713 | -€3,318 | -47.2% |
| Reserves | 13 | €7,031 | €3,713 | -€3,318 | -47.2% |
| Distributable reserves | 133 | €7,031 | €3,713 | -€3,318 | -47.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €3,849 | €5,316 | +€1,466 | +38.1% |
| Amounts payable within one year | 42/48 | €2,349 | €3,816 | +€1,466 | +62.4% |
| Trade debts | 44 | €182 | €0 | -€182 | -100.0% |
| Suppliers | 440/4 | €182 | €0 | -€182 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,273 | €1,058 | -€215 | -16.9% |
| Taxes | 450/3 | €1,273 | €1,058 | -€215 | -16.9% |
| Other amounts payable | 47/48 | €895 | €2,758 | +€1,863 | +208.1% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,542 | €4,536 | +€2,995 | +194.2% |
| Other operating charges | 640/8 | - | €496 | +€496 | |
| Gross operating margin | 9900 | €1,575 | €1,768 | +€193 | +12.3% |
| Operating profit (loss) | 9901 | €33 | -€3,264 | -€3,297 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €54 | €54 | = | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€21 | -€3,318 | -€3,297 | -15640.5% |
| Income taxes | 67/77 | €789 | €0 | -€789 | -100.0% |
| Profit (loss) for the period | 9904 | -€810 | -€3,318 | -€2,508 | -309.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€810 | -€3,318 | -€2,508 | -309.6% |
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.