AD LIB COMMUNICATIONS: 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 LIB COMMUNICATIONS
Largest movements
- Tangible fixed assets +€244,337
up €244,337 (+31.0%), from €786,948 to €1.0m
of which Assets under construction and advance payments: +€390,709
- Receivables within one year +€43,444
up €43,444 (+45.3%), from €95,907 to €139,351
of which Other amounts receivable: +€47,225
- Cash -€32,211
down €32,211 (-2.4%), from €1.4m to €1.3m
mainly Investment in fixed assets (net) (-€305,563) and Receivables within one year (-€43,444)
- Debts after one year +€267,979
up €267,979 (+71.4%), from €375,162 to €643,141
- Trade debts -€31,197
down €31,197 (-87.6%), from €35,621 to €4,424
- Financial income -€1.8m
down €1.8m (-100.0%), from €1.8m to €67
- Taxes -€470,760
down €470,760 (-99.6%), from €472,765 to €2,006
- Gross operating margin +€41,750
up €41,750 (+107.2%), from €38,956 to €80,707
- Staff costs -€9,714
down €9,714 (-97.6%), from €9,955 to €241
- Financial charges +€5,343
up €5,343 (+61.3%), from €8,711 to €14,054
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 | €2,252,273 | €2,507,166 | +€254,893 | +11.3% |
| Fixed assets | 21/28 | €787,223 | €1,031,560 | +€244,337 | +31.0% |
| Tangible fixed assets | 22/27 | €786,948 | €1,031,285 | +€244,337 | +31.0% |
| Land and buildings | 22 | €624,165 | €511,949 | -€112,216 | -18.0% |
| Plant, machinery and equipment | 23 | €1,464 | €1,135 | -€330 | -22.5% |
| Furniture and vehicles | 24 | €39,167 | €23,885 | -€15,282 | -39.0% |
| Other tangible fixed assets | 26 | €122,152 | €103,608 | -€18,544 | -15.2% |
| Assets under construction and advance payments | 27 | - | €390,709 | +€390,709 | |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €1,465,050 | €1,475,606 | +€10,556 | +0.7% |
| Amounts receivable within one year | 40/41 | €95,907 | €139,351 | +€43,444 | +45.3% |
| Trade receivables | 40 | €14,321 | €10,540 | -€3,781 | -26.4% |
| Other amounts receivable | 41 | €81,586 | €128,810 | +€47,225 | +57.9% |
| Cash at bank and in hand | 54/58 | €1,364,617 | €1,332,406 | -€32,211 | -2.4% |
| Deferred charges and accrued income | 490/1 | €4,526 | €3,849 | -€677 | -15.0% |
| Total equity and liabilities | 10/49 | €2,252,273 | €2,507,166 | +€254,893 | +11.3% |
| Equity | 10/15 | €1,760,824 | €1,770,403 | +€9,579 | +0.5% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Reserves | 13 | €1,496,582 | €1,496,582 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,638 | €20,638 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,638 | €20,638 | = | 0.0% |
| Tax-exempt reserves | 132 | €652,550 | €652,550 | = | 0.0% |
| Distributable reserves | 133 | €823,394 | €823,394 | = | 0.0% |
| Profit (loss) carried forward | 14 | €258,042 | €255,221 | -€2,821 | -1.1% |
| Amounts payable | 17/49 | €491,449 | €736,763 | +€245,313 | +49.9% |
| Amounts payable after more than one year | 17 | €375,162 | €643,141 | +€267,979 | +71.4% |
| Financial debts | 170/4 | €375,162 | €643,141 | +€267,979 | +71.4% |
| Amounts payable within one year | 42/48 | €116,288 | €93,621 | -€22,666 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €31,761 | €42,021 | +€10,260 | +32.3% |
| Trade debts | 44 | €35,621 | €4,424 | -€31,197 | -87.6% |
| Suppliers | 440/4 | €35,621 | €4,424 | -€31,197 | -87.6% |
| Taxes, remuneration and social security | 45 | €405 | €7,252 | +€6,847 | +1689.0% |
| Taxes | 450/3 | €155 | €7,252 | +€7,097 | +4567.9% |
| Remuneration and social security | 454/9 | €250 | - | -€250 | |
| Other amounts payable | 47/48 | €48,501 | €39,925 | -€8,575 | -17.7% |
| Remuneration, social security and pensions | 62 | €9,955 | €241 | -€9,714 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,546 | €61,226 | -€320 | -0.5% |
| Other operating charges | 640/8 | €6,569 | €6,067 | -€502 | -7.6% |
| Gross operating margin | 9900 | €38,956 | €80,707 | +€41,750 | +107.2% |
| Operating profit (loss) | 9901 | -€39,114 | €13,173 | +€52,287 | |
| Financial income | 75/76B | €1,754,408 | €67 | -€1.8m | -100.0% |
| Recurring financial income | 75 | €1,754,408 | €67 | -€1.8m | -100.0% |
| Financial charges | 65/66B | €8,711 | €14,054 | +€5,343 | +61.3% |
| Recurring financial charges | 65 | €8,711 | €14,054 | +€5,343 | +61.3% |
| Profit (loss) for the period before taxes | 9903 | €1,706,583 | -€815 | -€1.7m | |
| Income taxes | 67/77 | €472,765 | €2,006 | -€470,760 | -99.6% |
| Profit (loss) for the period | 9904 | €1,233,818 | -€2,821 | -€1.2m | |
| Transfer to tax-exempt reserves | 689 | €652,550 | - | -€652,550 | |
| Profit (loss) for the period to be appropriated | 9905 | €581,268 | -€2,821 | -€584,088 |
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 11 October 2026 via checked.be.