AD ESSENTIALIS: 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 ESSENTIALIS
Largest movements
- Receivables within one year -€16,729
no longer reported in 2024 (was €16,729)
of which Other amounts receivable: -€12,017
- Tangible fixed assets -€2,661
down €2,661 (-35.4%), from €7,527 to €4,865
- Cash -€1,426
down €1,426 (-63.5%), from €2,244 to €818
mainly Trade debts (-€11,603) and Other debts (-€9,390)
- Deferred charges and accrued income +€1,016
up €1,016 (+35.2%), from €2,890 to €3,906
- Trade debts -€11,603
down €11,603 (-63.9%), from €18,160 to €6,557
- Other debts -€9,390
down €9,390 (-65.9%), from €14,250 to €4,860
- Tax, wage and social debts +€511
up €511 (+3.4%), from €14,934 to €15,445
- Short-term financial debts +€423
up €423 (+3.0%), from €14,253 to €14,675
- Gross operating margin +€37,892
up €37,892, from -€26,784 to €11,107
- Financial income -€2,429
down €2,429 (-100.0%), from €2,429 to €0
- Financial charges -€2,396
down €2,396 (-39.3%), from €6,100 to €3,704
- Other operating charges +€2,281
up €2,281 (+103.7%), from €2,201 to €4,482
- Depreciation -€943
down €943 (-26.2%), from €3,605 to €2,661
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 | €34,390 | €14,590 | -€19,800 | -57.6% |
| Fixed assets | 21/28 | €12,527 | €9,865 | -€2,661 | -21.2% |
| Tangible fixed assets | 22/27 | €7,527 | €4,865 | -€2,661 | -35.4% |
| Plant, machinery and equipment | 23 | €4,384 | €3,115 | -€1,269 | -28.9% |
| Furniture and vehicles | 24 | €2,664 | €1,511 | -€1,154 | -43.3% |
| Other tangible fixed assets | 26 | €479 | €239 | -€239 | -50.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €21,863 | €4,725 | -€17,138 | -78.4% |
| Amounts receivable within one year | 40/41 | €16,729 | - | -€16,729 | |
| Trade receivables | 40 | €4,712 | - | -€4,712 | |
| Other amounts receivable | 41 | €12,017 | - | -€12,017 | |
| Cash at bank and in hand | 54/58 | €2,244 | €818 | -€1,426 | -63.5% |
| Deferred charges and accrued income | 490/1 | €2,890 | €3,906 | +€1,016 | +35.2% |
| Total equity and liabilities | 10/49 | €34,390 | €14,590 | -€19,800 | -57.6% |
| Equity | 10/15 | -€27,208 | -€26,948 | +€260 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,268 | -€35,008 | +€260 | +0.7% |
| Amounts payable | 17/49 | €61,597 | €41,538 | -€20,059 | -32.6% |
| Amounts payable within one year | 42/48 | €61,597 | €41,538 | -€20,059 | -32.6% |
| Financial debts | 43 | €14,253 | €14,675 | +€423 | +3.0% |
| Credit institutions | 430/8 | €14,253 | €14,675 | +€423 | +3.0% |
| Trade debts | 44 | €18,160 | €6,557 | -€11,603 | -63.9% |
| Suppliers | 440/4 | €18,160 | €6,557 | -€11,603 | -63.9% |
| Taxes, remuneration and social security | 45 | €14,934 | €15,445 | +€511 | +3.4% |
| Taxes | 450/3 | €14,934 | €15,445 | +€511 | +3.4% |
| Other amounts payable | 47/48 | €14,250 | €4,860 | -€9,390 | -65.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,605 | €2,661 | -€943 | -26.2% |
| Other operating charges | 640/8 | €2,201 | €4,482 | +€2,281 | +103.7% |
| Non-recurring operating charges | 66A | €1,807 | - | -€1,807 | |
| Gross operating margin | 9900 | -€26,784 | €11,107 | +€37,892 | |
| Operating profit (loss) | 9901 | -€34,397 | €3,964 | +€38,361 | |
| Financial income | 75/76B | €2,429 | €0 | -€2,429 | -100.0% |
| Recurring financial income | 75 | €2,429 | €0 | -€2,429 | -100.0% |
| Financial charges | 65/66B | €6,100 | €3,704 | -€2,396 | -39.3% |
| Recurring financial charges | 65 | €6,100 | €3,704 | -€2,396 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | -€38,069 | €260 | +€38,328 | |
| Profit (loss) for the period | 9904 | -€38,069 | €260 | +€38,328 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,069 | €260 | +€38,328 |
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 12 October 2026 via checked.be.