AD HOMES: 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 HOMES
Largest movements
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Cash -€7,279
down €7,279 (-16.4%), from €44,254 to €36,975
mainly Other debts (-€101,251) and Trade debts (-€6,759)
- Other debts -€101,251
down €101,251 (-38.3%), from €264,377 to €163,126
- Trade debts -€6,759
down €6,759 (-100%), from €6,759 to €0
- Tax, wage and social debts -€6,274
down €6,274 (-100%), from €6,274 to €0
- Profit (loss) carried forward +€5,856
up €5,856 (+8.9%), from -€66,030 to -€60,174
- Gross operating margin -€18,657
down €18,657 (-56.5%), from €33,019 to €14,362
- Financial charges -€7,151
down €7,151 (-97.7%), from €7,320 to €169
- Financial income +€3,154
up €3,154 (+1,575%), from €200 to €3,354
- Depreciation +€1,735
up €1,735 (+25.0%), from €6,928 to €8,663
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 | €356,451 | €248,023 | -€108,429 | -30.4% |
| Fixed assets | 21/28 | €212,197 | €210,042 | -€2,155 | -1.0% |
| Tangible fixed assets | 22/27 | €212,197 | €210,042 | -€2,155 | -1.0% |
| Land and buildings | 22 | €205,659 | €198,973 | -€6,686 | -3.3% |
| Plant, machinery and equipment | 23 | €6,539 | €11,069 | +€4,530 | +69.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €144,254 | €37,981 | -€106,273 | -73.7% |
| Amounts receivable within one year | 40/41 | - | €1,006 | +€1,006 | |
| Other amounts receivable | 41 | - | €1,006 | +€1,006 | |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €44,254 | €36,975 | -€7,279 | -16.4% |
| Total equity and liabilities | 10/49 | €356,451 | €248,023 | -€108,429 | -30.4% |
| Equity | 10/15 | €79,041 | €84,896 | +€5,856 | +7.4% |
| Contributions | 10/11 | €57,184 | €57,184 | = | 0.0% |
| Reserves | 13 | €87,887 | €87,887 | = | 0.0% |
| Distributable reserves | 133 | €87,887 | €87,887 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,030 | -€60,174 | +€5,856 | +8.9% |
| Amounts payable | 17/49 | €277,410 | €163,126 | -€114,284 | -41.2% |
| Amounts payable within one year | 42/48 | €277,410 | €163,126 | -€114,284 | -41.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €6,759 | €0 | -€6,759 | -100% |
| Suppliers | 440/4 | €6,759 | €0 | -€6,759 | -100% |
| Taxes, remuneration and social security | 45 | €6,274 | €0 | -€6,274 | -100% |
| Taxes | 450/3 | €6,274 | €0 | -€6,274 | -100% |
| Other amounts payable | 47/48 | €264,377 | €163,126 | -€101,251 | -38.3% |
| Non-recurring operating income | 76A | €15,000 | €0 | -€15,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,928 | €8,663 | +€1,735 | +25.0% |
| Other operating charges | 640/8 | €3,267 | €3,095 | -€172 | -5.3% |
| Non-recurring operating charges | 66A | €9,627 | €0 | -€9,627 | -100% |
| Gross operating margin | 9900 | €33,019 | €14,362 | -€18,657 | -56.5% |
| Operating profit (loss) | 9901 | €13,197 | €2,605 | -€10,592 | -80.3% |
| Financial income | 75/76B | €200 | €3,354 | +€3,154 | +1,575% |
| Recurring financial income | 75 | €200 | €3,354 | +€3,154 | +1,575% |
| Financial charges | 65/66B | €7,320 | €169 | -€7,151 | -97.7% |
| Recurring financial charges | 65 | €7,320 | €169 | -€7,151 | -97.7% |
| Profit (loss) for the period before taxes | 9903 | €6,077 | €5,790 | -€287 | -4.7% |
| Income taxes | 67/77 | €150 | -€65 | -€215 | |
| Profit (loss) for the period | 9904 | €5,927 | €5,856 | -€72 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,927 | €5,856 | -€72 | -1.2% |
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 14 October 2026 via checked.be.