AD Consultancy: 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 Consultancy
Largest movements
- Receivables within one year -€30,086
down €30,086 (-91.4%), from €32,909 to €2,822
of which Trade receivables: -€30,141
- Cash +€4,148
up €4,148 (+8.6%), from €48,223 to €52,372
mainly Receivables within one year (+€30,086) and Net result for the year (+€19,031)
- Tangible fixed assets +€2,238
up €2,238 (+10.0%), from €22,420 to €24,657
of which Other tangible fixed assets: +€7,830
- Advances received -€27,619
no longer reported in 2025 (was €27,619)
- Reserves +€19,031
up €19,031 (+43.1%), from €44,179 to €63,210
- Tax, wage and social debts -€9,514
down €9,514 (-42.9%), from €22,181 to €12,668
of which Taxes: -€9,664
- Other debts -€2,499
down €2,499 (-97.9%), from €2,552 to €53
- Accrued charges and deferred income -€2,164
down €2,164 (-91.2%), from €2,372 to €208
- Gross operating margin -€33,462
down €33,462 (-50.0%), from €66,913 to €33,451
- Taxes -€10,094
down €10,094 (-54.3%), from €18,603 to €8,509
- Depreciation +€2,550
up €2,550 (+72.2%), from €3,531 to €6,080
- Financial income +€699
up €699 (+608%), from €115 to €814
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.
Derived cash bridge
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 | €104,615 | €82,593 | -€22,022 | -21.1% |
| Fixed assets | 21/28 | €23,040 | €25,277 | +€2,238 | +9.7% |
| Tangible fixed assets | 22/27 | €22,420 | €24,657 | +€2,238 | +10.0% |
| Furniture and vehicles | 24 | €22,420 | €16,827 | -€5,592 | -24.9% |
| Other tangible fixed assets | 26 | - | €7,830 | +€7,830 | |
| Financial fixed assets | 28 | €620 | €620 | = | 0.0% |
| Current assets | 29/58 | €81,576 | €57,316 | -€24,260 | -29.7% |
| Stocks and contracts in progress | 3 | €347 | €1,079 | +€732 | +211% |
| Stocks | 30/36 | €347 | €1,079 | +€732 | +211% |
| Amounts receivable within one year | 40/41 | €32,909 | €2,822 | -€30,086 | -91.4% |
| Trade receivables | 40 | €32,487 | €2,347 | -€30,141 | -92.8% |
| Other amounts receivable | 41 | €422 | €476 | +€54 | +12.8% |
| Cash at bank and in hand | 54/58 | €48,223 | €52,372 | +€4,148 | +8.6% |
| Deferred charges and accrued income | 490/1 | €97 | €1,043 | +€946 | +978% |
| Total equity and liabilities | 10/49 | €104,615 | €82,593 | -€22,022 | -21.1% |
| Equity | 10/15 | €49,179 | €68,210 | +€19,031 | +38.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €44,179 | €63,210 | +€19,031 | +43.1% |
| Distributable reserves | 133 | €44,179 | €63,210 | +€19,031 | +43.1% |
| Amounts payable | 17/49 | €55,437 | €14,383 | -€41,054 | -74.1% |
| Amounts payable within one year | 42/48 | €53,065 | €14,175 | -€38,890 | -73.3% |
| Trade debts | 44 | €713 | €1,454 | +€741 | +104% |
| Suppliers | 440/4 | €713 | €1,454 | +€741 | +104% |
| Advances received on contracts in progress | 46 | €27,619 | - | -€27,619 | |
| Taxes, remuneration and social security | 45 | €22,181 | €12,668 | -€9,514 | -42.9% |
| Taxes | 450/3 | €20,294 | €10,630 | -€9,664 | -47.6% |
| Remuneration and social security | 454/9 | €1,888 | €2,038 | +€150 | +7.9% |
| Other amounts payable | 47/48 | €2,552 | €53 | -€2,499 | -97.9% |
| Accrued charges and deferred income | 492/3 | €2,372 | €208 | -€2,164 | -91.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,531 | €6,080 | +€2,550 | +72.2% |
| Other operating charges | 640/8 | €663 | €359 | -€304 | -45.9% |
| Gross operating margin | 9900 | €66,913 | €33,451 | -€33,462 | -50.0% |
| Operating profit (loss) | 9901 | €62,720 | €27,012 | -€35,708 | -56.9% |
| Financial income | 75/76B | €115 | €814 | +€699 | +608% |
| Recurring financial income | 75 | €115 | €814 | +€699 | +608% |
| Financial charges | 65/66B | €53 | €286 | +€233 | +442% |
| Recurring financial charges | 65 | €53 | €286 | +€233 | +442% |
| Profit (loss) for the period before taxes | 9903 | €62,782 | €27,540 | -€35,242 | -56.1% |
| Income taxes | 67/77 | €18,603 | €8,509 | -€10,094 | -54.3% |
| Profit (loss) for the period | 9904 | €44,179 | €19,031 | -€25,147 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,179 | €19,031 | -€25,147 | -56.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.