AD HOC LA: 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 LA
Largest movements
- Receivables within one year +€54,495
up €54,495 (+43.0%), from €126,747 to €181,242
of which Other amounts receivable: +€35,982
- Tangible fixed assets -€11,058
down €11,058 (-27.4%), from €40,338 to €29,280
- Trade debts +€40,463
up €40,463 (+59.3%), from €68,225 to €108,687
- Current portion of long-term debt +€37,500
new in 2025: €37,500
- Tax, wage and social debts -€19,324
down €19,324 (-15.3%), from €126,307 to €106,982
of which Taxes: -€20,210
- Accrued charges and deferred income -€10,000
down €10,000 (-24.2%), from €41,333 to €31,333
- Gross operating margin -€41,562
down €41,562 (-12.5%), from €332,481 to €290,919
- Staff costs +€24,042
up €24,042 (+10.6%), from €227,012 to €251,054
- Taxes -€18,922
down €18,922 (-80.6%), from €23,472 to €4,550
- Financial charges +€4,283
up €4,283 (+45.0%), from €9,524 to €13,808
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 | €409,510 | €454,977 | +€45,467 | +11.1% |
| Fixed assets | 21/28 | €257,438 | €246,380 | -€11,058 | -4.3% |
| Tangible fixed assets | 22/27 | €40,338 | €29,280 | -€11,058 | -27.4% |
| Furniture and vehicles | 24 | €40,338 | €29,280 | -€11,058 | -27.4% |
| Financial fixed assets | 28 | €217,100 | €217,100 | = | 0.0% |
| Current assets | 29/58 | €152,072 | €208,598 | +€56,525 | +37.2% |
| Stocks and contracts in progress | 3 | €13,417 | €12,172 | -€1,245 | -9.3% |
| Stocks | 30/36 | €13,417 | €12,172 | -€1,245 | -9.3% |
| Amounts receivable within one year | 40/41 | €126,747 | €181,242 | +€54,495 | +43.0% |
| Trade receivables | 40 | €6,016 | €24,530 | +€18,513 | +308% |
| Other amounts receivable | 41 | €120,730 | €156,712 | +€35,982 | +29.8% |
| Cash at bank and in hand | 54/58 | €11,482 | €14,786 | +€3,305 | +28.8% |
| Deferred charges and accrued income | 490/1 | €427 | €397 | -€30 | -7.0% |
| Total equity and liabilities | 10/49 | €409,510 | €454,977 | +€45,467 | +11.1% |
| Equity | 10/15 | €166,236 | €167,479 | +€1,243 | +0.7% |
| Contributions | 10/11 | €18,518 | €18,518 | = | 0.0% |
| Reserves | 13 | €21,860 | €21,860 | = | 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% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,858 | €127,102 | +€1,243 | +1.0% |
| Amounts payable | 17/49 | €243,274 | €287,498 | +€44,224 | +18.2% |
| Amounts payable within one year | 42/48 | €201,941 | €256,165 | +€54,224 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | - | €37,500 | +€37,500 | |
| Trade debts | 44 | €68,225 | €108,687 | +€40,463 | +59.3% |
| Suppliers | 440/4 | €68,225 | €108,687 | +€40,463 | +59.3% |
| Taxes, remuneration and social security | 45 | €126,307 | €106,982 | -€19,324 | -15.3% |
| Taxes | 450/3 | €105,770 | €85,560 | -€20,210 | -19.1% |
| Remuneration and social security | 454/9 | €20,537 | €21,422 | +€885 | +4.3% |
| Other amounts payable | 47/48 | €7,410 | €2,995 | -€4,415 | -59.6% |
| Accrued charges and deferred income | 492/3 | €41,333 | €31,333 | -€10,000 | -24.2% |
| Remuneration, social security and pensions | 62 | €227,012 | €251,054 | +€24,042 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,928 | €12,458 | +€530 | +4.4% |
| Other operating charges | 640/8 | €9,771 | €7,807 | -€1,964 | -20.1% |
| Gross operating margin | 9900 | €332,481 | €290,919 | -€41,562 | -12.5% |
| Operating profit (loss) | 9901 | €83,770 | €19,600 | -€64,169 | -76.6% |
| Financial income | 75/76B | €4 | €1 | -€3 | -69.3% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -69.3% |
| Financial charges | 65/66B | €9,524 | €13,808 | +€4,283 | +45.0% |
| Recurring financial charges | 65 | €9,524 | €13,808 | +€4,283 | +45.0% |
| Profit (loss) for the period before taxes | 9903 | €74,249 | €5,794 | -€68,455 | -92.2% |
| Income taxes | 67/77 | €23,472 | €4,550 | -€18,922 | -80.6% |
| Profit (loss) for the period | 9904 | €50,777 | €1,243 | -€49,534 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €50,777 | €1,243 | -€49,534 | -97.6% |
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 29 October 2026 via checked.be.