AD CONSULT MANAGEMENT: 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.
AD CONSULT MANAGEMENT
Largest movements
- Cash +€7,394
up €7,394 (+60.3%), from €12,267 to €19,661
mainly Net result for the year (+€50,956) and Other debts (+€1,373)
- Intangible fixed assets -€1,000
down €1,000 (-18.2%), from €5,504 to €4,504
- Receivables within one year -€929
down €929 (-7.0%), from €13,244 to €12,315
of which Other amounts receivable: -€2,940
- Profit (loss) carried forward +€10,956
up €10,956 (+185%), from €5,908 to €16,864
- Trade debts -€5,466
down €5,466 (-87.0%), from €6,285 to €819
- Tax, wage and social debts -€1,398
down €1,398 (-37.6%), from €3,723 to €2,325
of which Taxes: -€1,700
- Other debts +€1,373
up €1,373 (+26.0%), from €5,274 to €6,647
- Gross operating margin +€65,340
up €65,340 (+679%), from €9,621 to €74,961
- Taxes +€17,894
up €17,894 (+594%), from €3,010 to €20,904
- Other operating charges +€1,348
up €1,348 (+191%), from €707 to €2,055
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,190 | €36,655 | +€5,465 | +17.5% |
| Fixed assets | 21/28 | €5,679 | €4,679 | -€1,000 | -17.6% |
| Intangible fixed assets | 21 | €5,504 | €4,504 | -€1,000 | -18.2% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €25,511 | €31,976 | +€6,465 | +25.3% |
| Amounts receivable within one year | 40/41 | €13,244 | €12,315 | -€929 | -7.0% |
| Trade receivables | 40 | €10,304 | €12,315 | +€2,011 | +19.5% |
| Other amounts receivable | 41 | €2,940 | - | -€2,940 | |
| Cash at bank and in hand | 54/58 | €12,267 | €19,661 | +€7,394 | +60.3% |
| Total equity and liabilities | 10/49 | €31,190 | €36,655 | +€5,465 | +17.5% |
| Equity | 10/15 | €15,908 | €26,864 | +€10,956 | +68.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,908 | €16,864 | +€10,956 | +185% |
| Amounts payable | 17/49 | €15,282 | €9,791 | -€5,491 | -35.9% |
| Amounts payable within one year | 42/48 | €15,282 | €9,791 | -€5,491 | -35.9% |
| Trade debts | 44 | €6,285 | €819 | -€5,466 | -87.0% |
| Suppliers | 440/4 | €6,285 | €819 | -€5,466 | -87.0% |
| Taxes, remuneration and social security | 45 | €3,723 | €2,325 | -€1,398 | -37.6% |
| Taxes | 450/3 | €1,700 | - | -€1,700 | |
| Remuneration and social security | 454/9 | €2,023 | €2,325 | +€302 | +14.9% |
| Other amounts payable | 47/48 | €5,274 | €6,647 | +€1,373 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,000 | = | 0.0% |
| Other operating charges | 640/8 | €707 | €2,055 | +€1,348 | +191% |
| Gross operating margin | 9900 | €9,621 | €74,961 | +€65,340 | +679% |
| Operating profit (loss) | 9901 | €7,914 | €71,906 | +€63,992 | +809% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €7,868 | €71,860 | +€63,992 | +813% |
| Income taxes | 67/77 | €3,010 | €20,904 | +€17,894 | +594% |
| Profit (loss) for the period | 9904 | €4,858 | €50,956 | +€46,098 | +949% |
| Profit (loss) for the period to be appropriated | 9905 | €4,858 | €50,956 | +€46,098 | +949% |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.