AD-IT: 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-IT
Largest movements
- Stocks and contracts -€80,000
down €80,000 (-83.4%), from €95,978 to €15,978
- Tangible fixed assets +€36,176
up €36,176 (+33323.6%), from €109 to €36,285
- Receivables within one year -€13,917
down €13,917 (-76.6%), from €18,167 to €4,250
of which Trade receivables: -€17,399
- Cash -€5,587
down €5,587 (-78.7%), from €7,102 to €1,516
mainly Net result for the year (-€74,158) and Investment in fixed assets (net) (-€36,436)
- Profit (loss) carried forward -€74,158
down €74,158 (-982.2%), from -€7,550 to -€81,708
- Other debts +€51,194
up €51,194 (+75.7%), from €67,668 to €118,862
- Trade debts -€22,814
down €22,814 (-80.3%), from €28,412 to €5,598
- Tax, wage and social debts -€17,550
down €17,550 (-97.1%), from €18,078 to €528
of which Remuneration and social security: -€16,257
- Gross operating margin -€70,150
down €70,150, from €56,182 to -€13,968
- Staff costs -€24,686
down €24,686 (-29.8%), from €82,874 to €58,188
- Other operating charges -€1,964
down €1,964 (-54.2%), from €3,623 to €1,659
- Financial income -€929
down €929 (-86.6%), from €1,073 to €144
- Depreciation -€782
down €782 (-75.0%), from €1,043 to €260
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.
Cash bridge derived
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 | €121,356 | €58,029 | -€63,327 | -52.2% |
| Fixed assets | 21/28 | €109 | €36,285 | +€36,176 | +33323.6% |
| Tangible fixed assets | 22/27 | €109 | €36,285 | +€36,176 | +33323.6% |
| Furniture and vehicles | 24 | €109 | €36,285 | +€36,176 | +33323.6% |
| Current assets | 29/58 | €121,248 | €21,744 | -€99,503 | -82.1% |
| Stocks and contracts in progress | 3 | €95,978 | €15,978 | -€80,000 | -83.4% |
| Stocks | 30/36 | €95,978 | €15,978 | -€80,000 | -83.4% |
| Amounts receivable within one year | 40/41 | €18,167 | €4,250 | -€13,917 | -76.6% |
| Trade receivables | 40 | €18,167 | €769 | -€17,399 | -95.8% |
| Other amounts receivable | 41 | - | €3,482 | +€3,482 | |
| Cash at bank and in hand | 54/58 | €7,102 | €1,516 | -€5,587 | -78.7% |
| Total equity and liabilities | 10/49 | €121,356 | €58,029 | -€63,327 | -52.2% |
| Equity | 10/15 | €7,198 | -€66,959 | -€74,158 | |
| Contributions | 10/11 | €13,408 | €13,408 | = | 0.0% |
| Reserves | 13 | €1,341 | €1,341 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,341 | €1,341 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,341 | €1,341 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,550 | -€81,708 | -€74,158 | -982.2% |
| Amounts payable | 17/49 | €114,158 | €124,988 | +€10,830 | +9.5% |
| Amounts payable within one year | 42/48 | €114,158 | €124,988 | +€10,830 | +9.5% |
| Trade debts | 44 | €28,412 | €5,598 | -€22,814 | -80.3% |
| Suppliers | 440/4 | €28,412 | €5,598 | -€22,814 | -80.3% |
| Taxes, remuneration and social security | 45 | €18,078 | €528 | -€17,550 | -97.1% |
| Taxes | 450/3 | €1,612 | €319 | -€1,293 | -80.2% |
| Remuneration and social security | 454/9 | €16,466 | €209 | -€16,257 | -98.7% |
| Other amounts payable | 47/48 | €67,668 | €118,862 | +€51,194 | +75.7% |
| Non-recurring operating income | 76A | - | €241 | +€241 | |
| Remuneration, social security and pensions | 62 | €82,874 | €58,188 | -€24,686 | -29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,043 | €260 | -€782 | -75.0% |
| Other operating charges | 640/8 | €3,623 | €1,659 | -€1,964 | -54.2% |
| Gross operating margin | 9900 | €56,182 | -€13,968 | -€70,150 | |
| Operating profit (loss) | 9901 | -€31,357 | -€74,074 | -€42,717 | -136.2% |
| Financial income | 75/76B | €1,073 | €144 | -€929 | -86.6% |
| Recurring financial income | 75 | €1,073 | €144 | -€929 | -86.6% |
| Financial charges | 65/66B | €457 | €227 | -€230 | -50.3% |
| Recurring financial charges | 65 | €457 | €227 | -€230 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | -€30,741 | -€74,158 | -€43,417 | -141.2% |
| Profit (loss) for the period | 9904 | -€30,741 | -€74,158 | -€43,417 | -141.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,741 | -€74,158 | -€43,417 | -141.2% |
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 9 October 2026 via checked.be.