AD DREAMS: 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 DREAMS
Largest movements
- Receivables within one year +€123,833
up €123,833 (+128%), from €96,772 to €220,604
of which Other amounts receivable: +€123,833
- Intangible fixed assets -€27,500
down €27,500 (-24.5%), from €112,292 to €84,792
- Cash -€11,841
down €11,841 (-8.8%), from €133,975 to €122,134
mainly Receivables within one year (-€123,833) and Tax, wage and social debts (-€14,587)
- Stocks and contracts -€7,346
down €7,346 (-53.0%), from €13,861 to €6,516
- Reserves +€41,000
up €41,000 (+26.6%), from €154,000 to €195,000
- Other debts +€17,993
up €17,993 (+125%), from €14,364 to €32,357
- Current portion of long-term debt +€16,206
up €16,206 (+46.9%), from €34,550 to €50,756
- Tax, wage and social debts -€14,587
down €14,587 (-19.7%), from €74,232 to €59,645
of which Remuneration and social security: -€12,080
- Trade debts +€7,055
up €7,055 (+16.5%), from €42,649 to €49,704
- Staff costs -€47,370
down €47,370 (-18.4%), from €257,279 to €209,909
- Gross operating margin -€28,249
down €28,249 (-8.0%), from €354,507 to €326,258
- Taxes +€5,348
up €5,348 (+29.4%), from €18,211 to €23,560
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 | €371,153 | €443,663 | +€72,509 | +19.5% |
| Fixed assets | 21/28 | €125,495 | €94,409 | -€31,086 | -24.8% |
| Intangible fixed assets | 21 | €112,292 | €84,792 | -€27,500 | -24.5% |
| Tangible fixed assets | 22/27 | €11,711 | €8,065 | -€3,646 | -31.1% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €5,038 | €2,931 | -€2,106 | -41.8% |
| Furniture and vehicles | 24 | €6,673 | €5,133 | -€1,540 | -23.1% |
| Financial fixed assets | 28 | €1,492 | €1,552 | +€60 | +4.0% |
| Current assets | 29/58 | €245,659 | €349,254 | +€103,595 | +42.2% |
| Stocks and contracts in progress | 3 | €13,861 | €6,516 | -€7,346 | -53.0% |
| Stocks | 30/36 | €13,861 | €6,516 | -€7,346 | -53.0% |
| Amounts receivable within one year | 40/41 | €96,772 | €220,604 | +€123,833 | +128% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €96,772 | €220,604 | +€123,833 | +128% |
| Cash at bank and in hand | 54/58 | €133,975 | €122,134 | -€11,841 | -8.8% |
| Deferred charges and accrued income | 490/1 | €1,050 | - | -€1,050 | |
| Total equity and liabilities | 10/49 | €371,153 | €443,663 | +€72,509 | +19.5% |
| Equity | 10/15 | €205,358 | €246,554 | +€41,196 | +20.1% |
| Contributions | 10/11 | €49,500 | €49,500 | = | 0.0% |
| Reserves | 13 | €154,000 | €195,000 | +€41,000 | +26.6% |
| Distributable reserves | 133 | €154,000 | €195,000 | +€41,000 | +26.6% |
| Profit (loss) carried forward | 14 | €1,858 | €2,054 | +€196 | +10.6% |
| Amounts payable | 17/49 | €165,795 | €197,108 | +€31,313 | +18.9% |
| Amounts payable after more than one year | 17 | - | €4,646 | +€4,646 | |
| Financial debts | 170/4 | - | €4,646 | +€4,646 | |
| Amounts payable within one year | 42/48 | €165,795 | €192,462 | +€26,666 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €34,550 | €50,756 | +€16,206 | +46.9% |
| Trade debts | 44 | €42,649 | €49,704 | +€7,055 | +16.5% |
| Suppliers | 440/4 | €42,649 | €49,704 | +€7,055 | +16.5% |
| Taxes, remuneration and social security | 45 | €74,232 | €59,645 | -€14,587 | -19.7% |
| Taxes | 450/3 | €59,627 | €57,121 | -€2,507 | -4.2% |
| Remuneration and social security | 454/9 | €14,605 | €2,524 | -€12,080 | -82.7% |
| Other amounts payable | 47/48 | €14,364 | €32,357 | +€17,993 | +125% |
| Remuneration, social security and pensions | 62 | €257,279 | €209,909 | -€47,370 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,633 | €31,146 | +€513 | +1.7% |
| Other operating charges | 640/8 | €10,777 | €12,982 | +€2,204 | +20.5% |
| Gross operating margin | 9900 | €354,507 | €326,258 | -€28,249 | -8.0% |
| Operating profit (loss) | 9901 | €55,818 | €72,222 | +€16,404 | +29.4% |
| Financial income | 75/76B | €675 | €3,482 | +€2,807 | +416% |
| Recurring financial income | 75 | €675 | €3,482 | +€2,807 | +416% |
| Financial charges | 65/66B | €9,206 | €10,947 | +€1,741 | +18.9% |
| Recurring financial charges | 65 | €9,206 | €10,947 | +€1,741 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €47,286 | €64,756 | +€17,470 | +36.9% |
| Income taxes | 67/77 | €18,211 | €23,560 | +€5,348 | +29.4% |
| Profit (loss) for the period | 9904 | €29,075 | €41,196 | +€12,122 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,075 | €41,196 | +€12,122 | +41.7% |
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 19 October 2026 via checked.be.