AD@ISO: 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@ISO
Largest movements
- Receivables within one year +€18,429
up €18,429 (+48.8%), from €37,736 to €56,164
of which Trade receivables: +€11,296
- Cash +€7,181
up €7,181 (+984%), from €730 to €7,911
mainly Net result for the year (+€40,937) and Other debts (+€13,174)
- Tangible fixed assets -€2,914
down €2,914 (-89.4%), from €3,259 to €346
of which Other tangible fixed assets: -€1,846
- Profit (loss) carried forward +€40,937
up €40,937 (+58.9%), from -€69,445 to -€28,508
- Trade debts -€17,525
down €17,525 (-37.6%), from €46,617 to €29,092
- Other debts +€13,174
up €13,174 (+21.5%), from €61,191 to €74,365
- Tax, wage and social debts -€7,080
down €7,080 (-31.5%), from €22,464 to €15,384
- Short-term financial debts -€6,362
down €6,362 (-98.4%), from €6,468 to €106
- Gross operating margin +€80,739
up €80,739, from -€30,803 to €49,936
- Financial income -€1,877
down €1,877 (-99.1%), from €1,893 to €16
- Financial charges +€1,560
up €1,560 (+43.1%), from €3,620 to €5,180
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 | €172,612 | €195,228 | +€22,616 | +13.1% |
| Fixed assets | 21/28 | €3,259 | €346 | -€2,914 | -89.4% |
| Tangible fixed assets | 22/27 | €3,259 | €346 | -€2,914 | -89.4% |
| Plant, machinery and equipment | 23 | €869 | €346 | -€523 | -60.2% |
| Furniture and vehicles | 24 | €544 | - | -€544 | |
| Other tangible fixed assets | 26 | €1,846 | - | -€1,846 | |
| Current assets | 29/58 | €169,352 | €194,882 | +€25,530 | +15.1% |
| Amounts receivable after more than one year | 29 | €130,000 | €130,000 | = | 0.0% |
| Other amounts receivable | 291 | €130,000 | €130,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,736 | €56,164 | +€18,429 | +48.8% |
| Trade receivables | 40 | €11,172 | €22,469 | +€11,296 | +101% |
| Other amounts receivable | 41 | €26,564 | €33,696 | +€7,132 | +26.8% |
| Cash at bank and in hand | 54/58 | €730 | €7,911 | +€7,181 | +984% |
| Deferred charges and accrued income | 490/1 | €887 | €807 | -€80 | -9.0% |
| Total equity and liabilities | 10/49 | €172,612 | €195,228 | +€22,616 | +13.1% |
| Equity | 10/15 | €26,431 | €67,368 | +€40,937 | +155% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Reserves | 13 | €79,675 | €79,675 | = | 0.0% |
| Distributable reserves | 133 | €79,675 | €79,675 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,445 | -€28,508 | +€40,937 | +58.9% |
| Amounts payable | 17/49 | €146,181 | €127,860 | -€18,321 | -12.5% |
| Amounts payable after more than one year | 17 | €8,871 | €7,710 | -€1,161 | -13.1% |
| Financial debts | 170/4 | €8,871 | €7,710 | -€1,161 | -13.1% |
| Amounts payable within one year | 42/48 | €137,309 | €120,150 | -€17,160 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €568 | €1,202 | +€634 | +112% |
| Financial debts | 43 | €6,468 | €106 | -€6,362 | -98.4% |
| Credit institutions | 430/8 | €6,468 | €106 | -€6,362 | -98.4% |
| Trade debts | 44 | €46,617 | €29,092 | -€17,525 | -37.6% |
| Suppliers | 440/4 | €46,617 | €29,092 | -€17,525 | -37.6% |
| Taxes, remuneration and social security | 45 | €22,464 | €15,384 | -€7,080 | -31.5% |
| Taxes | 450/3 | €22,464 | €15,384 | -€7,080 | -31.5% |
| Other amounts payable | 47/48 | €61,191 | €74,365 | +€13,174 | +21.5% |
| Non-recurring operating income | 76A | €199 | - | -€199 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,062 | €2,914 | -€148 | -4.8% |
| Other operating charges | 640/8 | €629 | €640 | +€11 | +1.7% |
| Gross operating margin | 9900 | -€30,803 | €49,936 | +€80,739 | |
| Operating profit (loss) | 9901 | -€34,494 | €46,382 | +€80,877 | |
| Financial income | 75/76B | €1,893 | €16 | -€1,877 | -99.1% |
| Recurring financial income | 75 | €1,893 | €16 | -€1,877 | -99.1% |
| Financial charges | 65/66B | €3,620 | €5,180 | +€1,560 | +43.1% |
| Recurring financial charges | 65 | €3,620 | €5,180 | +€1,560 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | -€36,221 | €41,219 | +€77,440 | |
| Income taxes | 67/77 | €278 | €282 | +€4 | +1.3% |
| Profit (loss) for the period | 9904 | -€36,500 | €40,937 | +€77,436 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,500 | €40,937 | +€77,436 |
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 22 October 2026 via checked.be.