AD FUNDUM: what changed
What changed
AD FUNDUM
NACE 90.202, Performing arts by artistic ensembles
filed annual accounts (NBB)
Net result for the year
€3,827
2024 · €56,450-€52,623
Equity
€103,620
2024 · €99,793+€3,827
Cash
€80,112
2024 · €80,284-€171
Balance sheet total
€126,985
2024 · €134,143-€7,158
Largest movements
Assets
- Tangible fixed assets -€4,736
down €4,736 (-23.6%), from €20,098 to €15,362
of which Land and buildings: -€9,384
- Receivables within one year -€2,316
down €2,316 (-7.1%), from €32,577 to €30,261
of which Trade receivables: -€4,711
Equity and liabilities
- Trade debts -€12,412
down €12,412 (-51.8%), from €23,945 to €11,533
- Profit (loss) carried forward +€3,827
up €3,827 (+40.5%), from -€9,460 to -€5,633
- Other debts +€2,434
up €2,434 (+133%), from €1,832 to €4,266
Income statement
- Gross operating margin -€51,046
down €51,046 (-73.0%), from €69,948 to €18,902
- Taxes -€4,155
down €4,155 (-49.4%), from €8,412 to €4,257
- Depreciation +€1,410
up €1,410 (+32.0%), from €4,410 to €5,820
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€56,450
Gross operating margin
-€51,046
Depreciation
-€1,410
Other operating charges
-€411
Other operating items
-€3,594
Financial income
-€0
Financial charges
-€316
Taxes
+€4,155
Result 2025
€3,827
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€913
Investment
-€1,084
Financing
€0
Cash 2024
€80,284
From operations (derived)
+€913
Net result for the year
+€3,827
Depreciation
+€5,820
Receivables within one year
+€2,316
Deferred charges and accrued income
-€65
Trade debts
-€12,412
Tax, wage and social debts
-€1,007
Other debts
+€2,434
Investment (derived)
-€1,084
Investment in fixed assets (net)
-€1,084
Cash 2025
€80,112
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,143 | €126,985 | -€7,158 | -5.3% |
| Fixed assets | 21/28 | €20,268 | €15,532 | -€4,736 | -23.4% |
| Tangible fixed assets | 22/27 | €20,098 | €15,362 | -€4,736 | -23.6% |
| Land and buildings | 22 | €9,384 | - | -€9,384 | |
| Plant, machinery and equipment | 23 | €5,633 | €6,593 | +€960 | +17.0% |
| Furniture and vehicles | 24 | €5,080 | €3,660 | -€1,420 | -28.0% |
| Other tangible fixed assets | 26 | - | €5,109 | +€5,109 | |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €113,875 | €111,453 | -€2,422 | -2.1% |
| Amounts receivable within one year | 40/41 | €32,577 | €30,261 | -€2,316 | -7.1% |
| Trade receivables | 40 | €32,577 | €27,866 | -€4,711 | -14.5% |
| Other amounts receivable | 41 | - | €2,395 | +€2,395 | |
| Cash at bank and in hand | 54/58 | €80,284 | €80,112 | -€171 | -0.2% |
| Deferred charges and accrued income | 490/1 | €1,015 | €1,080 | +€65 | +6.4% |
| Total equity and liabilities | 10/49 | €134,143 | €126,985 | -€7,158 | -5.3% |
| Equity | 10/15 | €99,793 | €103,620 | +€3,827 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €90,653 | €90,653 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €13,066 | €13,066 | = | 0.0% |
| Distributable reserves | 133 | €75,727 | €77,587 | +€1,860 | +2.5% |
| Profit (loss) carried forward | 14 | -€9,460 | -€5,633 | +€3,827 | +40.5% |
| Amounts payable | 17/49 | €34,350 | €23,366 | -€10,985 | -32.0% |
| Amounts payable within one year | 42/48 | €34,350 | €23,366 | -€10,985 | -32.0% |
| Trade debts | 44 | €23,945 | €11,533 | -€12,412 | -51.8% |
| Suppliers | 440/4 | €23,945 | €11,533 | -€12,412 | -51.8% |
| Taxes, remuneration and social security | 45 | €8,574 | €7,567 | -€1,007 | -11.7% |
| Taxes | 450/3 | €8,574 | €7,567 | -€1,007 | -11.7% |
| Other amounts payable | 47/48 | €1,832 | €4,266 | +€2,434 | +133% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,410 | €5,820 | +€1,410 | +32.0% |
| Other operating charges | 640/8 | €618 | €1,030 | +€411 | +66.5% |
| Non-recurring operating charges | 66A | - | €3,594 | +€3,594 | |
| Gross operating margin | 9900 | €69,948 | €18,902 | -€51,046 | -73.0% |
| Operating profit (loss) | 9901 | €64,919 | €8,458 | -€56,462 | -87.0% |
| Financial income | 75/76B | €1 | €0 | -€0 | -65.7% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -65.7% |
| Financial charges | 65/66B | €58 | €374 | +€316 | +541% |
| Recurring financial charges | 65 | €58 | €374 | +€316 | +541% |
| Profit (loss) for the period before taxes | 9903 | €64,862 | €8,084 | -€56,778 | -87.5% |
| Income taxes | 67/77 | €8,412 | €4,257 | -€4,155 | -49.4% |
| Profit (loss) for the period | 9904 | €56,450 | €3,827 | -€52,623 | -93.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,450 | €3,827 | -€52,623 | -93.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.