AD LIB.: what changed
Two fiscal 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 LIB.
Largest movements
- Cash -€51,356
down €51,356 (-59.4%), from €86,525 to €35,168
mainly Net result for the year (-€25,650) and Tax, wage and social debts (-€11,063)
- Tangible fixed assets +€2,276
up €2,276 (+44.5%), from €5,111 to €7,387
- Receivables within one year +€2,224
up €2,224 (+33.0%), from €6,742 to €8,967
of which Other amounts receivable: +€7,298
- Deferred charges and accrued income +€2,036
new in 2025: €2,036
- Profit (loss) carried forward -€25,650
down €25,650, from €527 to -€25,123
- Tax, wage and social debts -€11,063
no longer reported in 2025 (was €11,063)
- Other debts -€6,489
down €6,489 (-83.6%), from €7,764 to €1,275
- Trade debts -€1,618
down €1,618 (-49.6%), from €3,264 to €1,647
- Gross operating margin -€57,827
down €57,827, from €36,669 to -€21,158
- Taxes -€11,063
no longer reported in 2025 (was €11,063)
- Depreciation -€985
down €985 (-20.0%), from €4,920 to €3,934
- Other operating charges +€385
new in 2025: €385
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 | €98,377 | €53,558 | -€44,819 | -45.6% |
| Fixed assets | 21/28 | €5,111 | €7,387 | +€2,276 | +44.5% |
| Tangible fixed assets | 22/27 | €5,111 | €7,387 | +€2,276 | +44.5% |
| Furniture and vehicles | 24 | €5,111 | €7,387 | +€2,276 | +44.5% |
| Current assets | 29/58 | €93,267 | €46,171 | -€47,095 | -50.5% |
| Amounts receivable within one year | 40/41 | €6,742 | €8,967 | +€2,224 | +33.0% |
| Trade receivables | 40 | €5,242 | €168 | -€5,073 | -96.8% |
| Other amounts receivable | 41 | €1,500 | €8,798 | +€7,298 | +486.4% |
| Cash at bank and in hand | 54/58 | €86,525 | €35,168 | -€51,356 | -59.4% |
| Deferred charges and accrued income | 490/1 | - | €2,036 | +€2,036 | |
| Total equity and liabilities | 10/49 | €98,377 | €53,558 | -€44,819 | -45.6% |
| Equity | 10/15 | €76,286 | €50,636 | -€25,650 | -33.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €69,562 | €69,562 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €67,702 | €67,702 | = | 0.0% |
| Profit (loss) carried forward | 14 | €527 | -€25,123 | -€25,650 | |
| Amounts payable | 17/49 | €22,092 | €2,922 | -€19,170 | -86.8% |
| Amounts payable within one year | 42/48 | €22,092 | €2,922 | -€19,170 | -86.8% |
| Trade debts | 44 | €3,264 | €1,647 | -€1,618 | -49.6% |
| Suppliers | 440/4 | €3,264 | €1,647 | -€1,618 | -49.6% |
| Taxes, remuneration and social security | 45 | €11,063 | - | -€11,063 | |
| Taxes | 450/3 | €11,063 | - | -€11,063 | |
| Other amounts payable | 47/48 | €7,764 | €1,275 | -€6,489 | -83.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,920 | €3,934 | -€985 | -20.0% |
| Other operating charges | 640/8 | - | €385 | +€385 | |
| Gross operating margin | 9900 | €36,669 | -€21,158 | -€57,827 | |
| Operating profit (loss) | 9901 | €31,749 | -€25,477 | -€57,226 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €309 | €173 | -€136 | -44.1% |
| Recurring financial charges | 65 | €309 | €173 | -€136 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €31,440 | -€25,650 | -€57,090 | |
| Income taxes | 67/77 | €11,063 | - | -€11,063 | |
| Profit (loss) for the period | 9904 | €20,377 | -€25,650 | -€46,027 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,377 | -€25,650 | -€46,027 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.