AD ELECTRIC: 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 ELECTRIC
Largest movements
- Receivables within one year +€6,208
up €6,208 (+33.1%), from €18,780 to €24,987
of which Trade receivables: +€5,077
- Cash +€1,997
up €1,997 (+4,449%), from €45 to €2,042
mainly Trade debts (+€3,027) and Net result for the year (+€2,925)
- Trade debts +€3,027
new in 2025: €3,027
- Profit (loss) carried forward +€2,925
up €2,925 (+19.4%), from €15,060 to €17,984
- Advances received +€2,150
new in 2025: €2,150
- Gross operating margin -€15,493
down €15,493 (-84.2%), from €18,393 to €2,900
- Turnover +€7,051
new in 2025: €7,051
- Purchases and services -€3,905
down €3,905 (-48.5%), from €8,057 to €4,151
- Taxes -€3,662
down €3,662 (-97.3%), from €3,765 to €103
- Other operating charges +€500
new in 2025: €500
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 | €18,825 | €27,029 | +€8,205 | +43.6% |
| Current assets | 29/58 | €18,825 | €27,029 | +€8,205 | +43.6% |
| Amounts receivable within one year | 40/41 | €18,780 | €24,987 | +€6,208 | +33.1% |
| Trade receivables | 40 | €400 | €5,476 | +€5,077 | +1,270% |
| Other amounts receivable | 41 | €18,380 | €19,511 | +€1,131 | +6.2% |
| Cash at bank and in hand | 54/58 | €45 | €2,042 | +€1,997 | +4,449% |
| Total equity and liabilities | 10/49 | €18,825 | €27,029 | +€8,205 | +43.6% |
| Equity | 10/15 | €15,060 | €17,984 | +€2,925 | +19.4% |
| Profit (loss) carried forward | 14 | €15,060 | €17,984 | +€2,925 | +19.4% |
| Amounts payable | 17/49 | €3,765 | €9,045 | +€5,280 | +140% |
| Amounts payable within one year | 42/48 | €3,765 | €9,045 | +€5,280 | +140% |
| Trade debts | 44 | - | €3,027 | +€3,027 | |
| Suppliers | 440/4 | - | €3,027 | +€3,027 | |
| Advances received on contracts in progress | 46 | - | €2,150 | +€2,150 | |
| Taxes, remuneration and social security | 45 | €3,765 | €3,868 | +€103 | +2.7% |
| Taxes | 450/3 | €3,765 | €3,868 | +€103 | +2.7% |
| Turnover | 70 | - | €7,051 | +€7,051 | |
| Goods, raw materials, services and sundry goods | 60/61 | €8,057 | €4,151 | -€3,905 | -48.5% |
| Other operating charges | 640/8 | - | €500 | +€500 | |
| Gross operating margin | 9900 | €18,393 | €2,900 | -€15,493 | -84.2% |
| Operating profit (loss) | 9901 | €18,393 | €2,400 | -€15,993 | -87.0% |
| Financial income | 75/76B | €543 | €717 | +€174 | +32.1% |
| Recurring financial income | 75 | €543 | €717 | +€174 | +32.1% |
| Financial charges | 65/66B | €112 | €90 | -€22 | -19.7% |
| Recurring financial charges | 65 | €112 | €90 | -€22 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €18,825 | €3,028 | -€15,797 | -83.9% |
| Income taxes | 67/77 | €3,765 | €103 | -€3,662 | -97.3% |
| Profit (loss) for the period | 9904 | €15,060 | €2,925 | -€12,135 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,060 | €2,925 | -€12,135 | -80.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.