AD HOC Consulting: what changed
AD HOC Consulting
Largest movements
- Cash -€66,086
down €66,086 (-35.4%), from €186,669 to €120,583
mainly Investment in fixed assets (net) (-€55,000) and Advances received (-€36,300)
- Financial fixed assets +€55,000
up €55,000 (+200%), from €27,500 to €82,500
- Receivables within one year -€36,842
down €36,842 (-73.2%), from €50,297 to €13,455
of which Trade receivables: -€25,940
- Current investments +€24,785
new in 2025: €24,785
- Tangible fixed assets -€3,467
down €3,467 (-28.7%), from €12,069 to €8,602
of which Plant, machinery and equipment: -€2,397
- Advances received -€36,300
down €36,300 (-100%), from €36,300 to €0
- Reserves +€4,876
up €4,876 (+2.4%), from €205,261 to €210,137
of which Distributable reserves: +€4,876
- Tax, wage and social debts +€3,231
up €3,231 (+64.8%), from €4,989 to €8,220
- Trade debts +€2,900
up €2,900 (+297%), from €976 to €3,876
- Gross operating margin -€11,409
down €11,409 (-44.5%), from €25,656 to €14,247
- Taxes -€3,288
down €3,288 (-40.2%), from €8,185 to €4,897
- Depreciation -€2,943
down €2,943 (-45.9%), from €6,410 to €3,467
- Financial charges +€1,060
up €1,060 (+579%), from €183 to €1,243
- Financial income +€523
up €523 (+55.4%), from €945 to €1,468
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €276,534 | €249,925 | -€26,609 | -9.6% |
| Fixed assets | 21/28 | €39,569 | €91,102 | +€51,533 | +130% |
| Tangible fixed assets | 22/27 | €12,069 | €8,602 | -€3,467 | -28.7% |
| Land and buildings | 22 | €287 | €0 | -€287 | -100% |
| Plant, machinery and equipment | 23 | €10,086 | €7,690 | -€2,397 | -23.8% |
| Furniture and vehicles | 24 | €1,696 | €913 | -€784 | -46.2% |
| Financial fixed assets | 28 | €27,500 | €82,500 | +€55,000 | +200% |
| Current assets | 29/58 | €236,965 | €158,823 | -€78,143 | -33.0% |
| Amounts receivable within one year | 40/41 | €50,297 | €13,455 | -€36,842 | -73.2% |
| Trade receivables | 40 | €39,394 | €13,455 | -€25,940 | -65.8% |
| Other amounts receivable | 41 | €10,902 | €0 | -€10,902 | -100% |
| Current investments | 50/53 | - | €24,785 | +€24,785 | |
| Cash at bank and in hand | 54/58 | €186,669 | €120,583 | -€66,086 | -35.4% |
| Total equity and liabilities | 10/49 | €276,534 | €249,925 | -€26,609 | -9.6% |
| Equity | 10/15 | €232,369 | €237,245 | +€4,876 | +2.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €205,261 | €210,137 | +€4,876 | +2.4% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €202,761 | €207,637 | +€4,876 | +2.4% |
| Profit (loss) carried forward | 14 | €2,108 | €2,108 | = | 0.0% |
| Amounts payable | 17/49 | €44,165 | €12,680 | -€31,485 | -71.3% |
| Amounts payable within one year | 42/48 | €44,165 | €12,680 | -€31,485 | -71.3% |
| Trade debts | 44 | €976 | €3,876 | +€2,900 | +297% |
| Suppliers | 440/4 | €976 | €3,876 | +€2,900 | +297% |
| Advances received on contracts in progress | 46 | €36,300 | €0 | -€36,300 | -100% |
| Taxes, remuneration and social security | 45 | €4,989 | €8,220 | +€3,231 | +64.8% |
| Taxes | 450/3 | €4,989 | €8,220 | +€3,231 | +64.8% |
| Other amounts payable | 47/48 | €1,900 | €583 | -€1,317 | -69.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,410 | €3,467 | -€2,943 | -45.9% |
| Other operating charges | 640/8 | €1,136 | €1,232 | +€97 | +8.5% |
| Non-recurring operating charges | 66A | €832 | €0 | -€832 | -100% |
| Gross operating margin | 9900 | €25,656 | €14,247 | -€11,409 | -44.5% |
| Operating profit (loss) | 9901 | €17,278 | €9,548 | -€7,730 | -44.7% |
| Financial income | 75/76B | €945 | €1,468 | +€523 | +55.4% |
| Recurring financial income | 75 | €945 | €1,468 | +€523 | +55.4% |
| Financial charges | 65/66B | €183 | €1,243 | +€1,060 | +579% |
| Recurring financial charges | 65 | €183 | €1,243 | +€1,060 | +579% |
| Profit (loss) for the period before taxes | 9903 | €18,040 | €9,773 | -€8,267 | -45.8% |
| Income taxes | 67/77 | €8,185 | €4,897 | -€3,288 | -40.2% |
| Profit (loss) for the period | 9904 | €9,855 | €4,876 | -€4,980 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,855 | €4,876 | -€4,980 | -50.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.