AD HOC: 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 HOC
Largest movements
- Cash -€13,056
down €13,056 (-77.6%), from €16,835 to €3,779
mainly Tax, wage and social debts (-€4,302) and Net result for the year (-€4,118)
- Tangible fixed assets -€5,312
down €5,312 (-24.0%), from €22,176 to €16,863
of which Furniture and vehicles: -€4,801
- Receivables within one year +€3,803
up €3,803 (+63.0%), from €6,041 to €9,844
of which Trade receivables: +€2,403
- Tax, wage and social debts -€4,302
down €4,302 (-76.5%), from €5,625 to €1,324
- Profit (loss) carried forward -€4,118
down €4,118 (-70.1%), from €5,875 to €1,757
- Debts after one year -€4,060
no longer reported in 2025 (was €4,060)
- Current portion of long-term debt -€3,715
down €3,715 (-47.8%), from €7,775 to €4,060
- Other debts +€2,765
up €2,765 (+103%), from €2,696 to €5,461
- Gross operating margin -€16,041
down €16,041 (-85.6%), from €18,743 to €2,702
- Write-downs -€4,849
no longer reported in 2025 (was €4,849)
- Taxes -€3,411
down €3,411 (-93.4%), from €3,652 to €240
- Depreciation +€2,256
up €2,256 (+73.8%), from €3,056 to €5,312
- Other operating charges -€459
down €459 (-39.7%), from €1,156 to €696
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 | €58,397 | €43,739 | -€14,658 | -25.1% |
| Fixed assets | 21/28 | €23,895 | €18,612 | -€5,283 | -22.1% |
| Tangible fixed assets | 22/27 | €22,176 | €16,863 | -€5,312 | -24.0% |
| Plant, machinery and equipment | 23 | €716 | €205 | -€512 | -71.4% |
| Furniture and vehicles | 24 | €21,460 | €16,659 | -€4,801 | -22.4% |
| Financial fixed assets | 28 | €1,719 | €1,749 | +€30 | +1.7% |
| Current assets | 29/58 | €34,502 | €25,127 | -€9,375 | -27.2% |
| Stocks and contracts in progress | 3 | €9,306 | €9,421 | +€115 | +1.2% |
| Stocks | 30/36 | €9,306 | €9,421 | +€115 | +1.2% |
| Amounts receivable within one year | 40/41 | €6,041 | €9,844 | +€3,803 | +63.0% |
| Trade receivables | 40 | €6,041 | €8,444 | +€2,403 | +39.8% |
| Other amounts receivable | 41 | - | €1,400 | +€1,400 | |
| Cash at bank and in hand | 54/58 | €16,835 | €3,779 | -€13,056 | -77.6% |
| Deferred charges and accrued income | 490/1 | €2,321 | €2,084 | -€237 | -10.2% |
| Total equity and liabilities | 10/49 | €58,397 | €43,739 | -€14,658 | -25.1% |
| Equity | 10/15 | €31,768 | €27,650 | -€4,118 | -13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,293 | €7,293 | = | 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% |
| Distributable reserves | 133 | €5,433 | €5,433 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,875 | €1,757 | -€4,118 | -70.1% |
| Amounts payable | 17/49 | €26,629 | €16,089 | -€10,540 | -39.6% |
| Amounts payable after more than one year | 17 | €4,060 | - | -€4,060 | |
| Financial debts | 170/4 | €4,060 | - | -€4,060 | |
| Amounts payable within one year | 42/48 | €22,568 | €16,089 | -€6,480 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €7,775 | €4,060 | -€3,715 | -47.8% |
| Trade debts | 44 | €6,472 | €5,243 | -€1,229 | -19.0% |
| Suppliers | 440/4 | €6,472 | €5,243 | -€1,229 | -19.0% |
| Taxes, remuneration and social security | 45 | €5,625 | €1,324 | -€4,302 | -76.5% |
| Taxes | 450/3 | €5,625 | €1,324 | -€4,302 | -76.5% |
| Other amounts payable | 47/48 | €2,696 | €5,461 | +€2,765 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,056 | €5,312 | +€2,256 | +73.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,849 | - | -€4,849 | |
| Other operating charges | 640/8 | €1,156 | €696 | -€459 | -39.7% |
| Gross operating margin | 9900 | €18,743 | €2,702 | -€16,041 | -85.6% |
| Operating profit (loss) | 9901 | €9,683 | -€3,306 | -€12,989 | |
| Financial income | 75/76B | €28 | €94 | +€66 | +235% |
| Recurring financial income | 75 | €28 | €94 | +€66 | +235% |
| Financial charges | 65/66B | €626 | €665 | +€39 | +6.3% |
| Recurring financial charges | 65 | €626 | €665 | +€39 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €9,085 | -€3,877 | -€12,962 | |
| Income taxes | 67/77 | €3,652 | €240 | -€3,411 | -93.4% |
| Profit (loss) for the period | 9904 | €5,433 | -€4,118 | -€9,551 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,433 | -€4,118 | -€9,551 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.