AD EASE: 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 EASE
Largest movements
- Cash +€10,147
up €10,147 (+1004.5%), from €1,010 to €11,157
mainly Depreciation (+€16,639) and Other debts (+€13,245)
- Other debts +€13,245
up €13,245 (+47.3%), from €28,009 to €41,254
- Reserves +€8,500
up €8,500 (+12.0%), from €70,806 to €79,306
- Short-term financial debts -€7,255
no longer reported in 2024 (was €7,255)
- Current portion of long-term debt +€5,869
up €5,869 (+34.1%), from €17,204 to €23,073
- Tax, wage and social debts -€4,304
down €4,304 (-36.2%), from €11,887 to €7,583
- Gross operating margin -€5,484
down €5,484 (-11.6%), from €47,474 to €41,990
- Taxes -€1,381
down €1,381 (-23.0%), from €5,994 to €4,613
- Depreciation +€580
up €580 (+3.6%), from €16,059 to €16,639
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.
Cash bridge derived
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 | €301,580 | €315,009 | +€13,429 | +4.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €283,553 | €284,577 | +€1,024 | +0.4% |
| Tangible fixed assets | 22/27 | €283,553 | €284,577 | +€1,024 | +0.4% |
| Land and buildings | 22 | €283,553 | €282,774 | -€779 | -0.3% |
| Plant, machinery and equipment | 23 | €0 | €1,803 | +€1,803 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €18,027 | €30,432 | +€12,406 | +68.8% |
| Stocks and contracts in progress | 3 | €16,933 | €16,933 | = | 0.0% |
| Stocks | 30/36 | €16,933 | €16,933 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €1,566 | +€1,566 | |
| Trade receivables | 40 | - | €178 | +€178 | |
| Other amounts receivable | 41 | - | €1,387 | +€1,387 | |
| Cash at bank and in hand | 54/58 | €1,010 | €11,157 | +€10,147 | +1004.5% |
| Deferred charges and accrued income | 490/1 | €83 | €776 | +€693 | +830.4% |
| Total equity and liabilities | 10/49 | €301,580 | €315,009 | +€13,429 | +4.5% |
| Equity | 10/15 | €83,706 | €92,231 | +€8,525 | +10.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70,806 | €79,306 | +€8,500 | +12.0% |
| Distributable reserves | 133 | €70,806 | €79,306 | +€8,500 | +12.0% |
| Profit (loss) carried forward | 14 | €6,700 | €6,725 | +€25 | +0.4% |
| Amounts payable | 17/49 | €217,874 | €222,778 | +€4,904 | +2.3% |
| Amounts payable after more than one year | 17 | €148,776 | €146,118 | -€2,658 | -1.8% |
| Financial debts | 170/4 | €148,776 | €146,118 | -€2,658 | -1.8% |
| Amounts payable within one year | 42/48 | €69,097 | €76,660 | +€7,563 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €17,204 | €23,073 | +€5,869 | +34.1% |
| Financial debts | 43 | €7,255 | - | -€7,255 | |
| Credit institutions | 430/8 | €7,255 | - | -€7,255 | |
| Trade debts | 44 | €4,742 | €4,750 | +€8 | +0.2% |
| Suppliers | 440/4 | €4,742 | €4,750 | +€8 | +0.2% |
| Taxes, remuneration and social security | 45 | €11,887 | €7,583 | -€4,304 | -36.2% |
| Taxes | 450/3 | €11,887 | €7,583 | -€4,304 | -36.2% |
| Other amounts payable | 47/48 | €28,009 | €41,254 | +€13,245 | +47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,059 | €16,639 | +€580 | +3.6% |
| Other operating charges | 640/8 | €2,033 | €2,361 | +€328 | +16.1% |
| Gross operating margin | 9900 | €47,474 | €41,990 | -€5,484 | -11.6% |
| Operating profit (loss) | 9901 | €29,382 | €22,990 | -€6,393 | -21.8% |
| Financial income | 75/76B | €5 | €2 | -€3 | -52.5% |
| Recurring financial income | 75 | €5 | €2 | -€3 | -52.5% |
| Financial charges | 65/66B | €9,636 | €9,854 | +€218 | +2.3% |
| Recurring financial charges | 65 | €9,636 | €9,854 | +€218 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €19,751 | €13,137 | -€6,614 | -33.5% |
| Income taxes | 67/77 | €5,994 | €4,613 | -€1,381 | -23.0% |
| Profit (loss) for the period | 9904 | €13,758 | €8,525 | -€5,233 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,758 | €8,525 | -€5,233 | -38.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.