AD-Logic: 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-Logic
Largest movements
- Receivables within one year +€23,399
up €23,399 (+282%), from €8,307 to €31,705
of which Other amounts receivable: +€25,516
- Tangible fixed assets -€411
down €411 (-8.2%), from €5,000 to €4,589
- Profit (loss) carried forward +€20,049
up €20,049 (+1,573%), from €1,274 to €21,323
- Debts within one year +€2,016
up €2,016 (+31.1%), from €6,492 to €8,508
of which Tax, wage and social debts: +€8,508
- Reserves +€604
up €604 (+117%), from €518 to €1,122
- Purchases and services +€11,902
new in 2021: €11,902
- Turnover +€7,184
up €7,184 (+31.7%), from €22,629 to €29,813
- Taxes +€2,832
up €2,832 (+107%), from €2,656 to €5,488
- Financial income +€1,064
new in 2021: €1,064
of which Financial income: +€1,064
- Gross operating margin +€922
up €922 (+5.2%), from €17,740 to €18,661
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,484 | €37,153 | +€22,669 | +157% |
| Fixed assets | 21/28 | €5,000 | €4,589 | -€411 | -8.2% |
| Tangible fixed assets | 22/27 | €5,000 | €4,589 | -€411 | -8.2% |
| Furniture and vehicles | 24 | - | €4,589 | +€4,589 | |
| Current assets | 29/58 | €9,484 | €32,564 | +€23,079 | +243% |
| Amounts receivable within one year | 40/41 | €8,307 | €31,705 | +€23,399 | +282% |
| Trade receivables | 40 | - | €6,189 | +€6,189 | |
| Other amounts receivable | 41 | - | €25,516 | +€25,516 | |
| Cash at bank and in hand | 54/58 | €1,177 | €858 | -€319 | -27.1% |
| Total equity and liabilities | 10/49 | €14,484 | €37,153 | +€22,669 | +157% |
| Equity | 10/15 | €7,993 | €28,645 | +€20,653 | +258% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €518 | €1,122 | +€604 | +117% |
| Distributable reserves | 133 | - | €1,122 | +€1,122 | |
| Profit (loss) carried forward | 14 | €1,274 | €21,323 | +€20,049 | +1,573% |
| Amounts payable | 17/49 | €6,492 | €8,508 | +€2,016 | +31.1% |
| Amounts payable within one year | 42/48 | €6,492 | €8,508 | +€2,016 | +31.1% |
| Trade debts | 44 | €168 | - | -€168 | |
| Taxes, remuneration and social security | 45 | - | €8,508 | +€8,508 | |
| Taxes | 450/3 | - | €8,508 | +€8,508 | |
| Turnover | 70 | €22,629 | €29,813 | +€7,184 | +31.7% |
| Non-recurring operating income | 76A | - | €750 | +€750 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €11,902 | +€11,902 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €441 | -€559 | -55.9% |
| Other operating charges | 640/8 | - | €838 | +€838 | |
| Gross operating margin | 9900 | €17,740 | €18,661 | +€922 | +5.2% |
| Operating profit (loss) | 9901 | €15,744 | €17,383 | +€1,639 | +10.4% |
| Financial income | 75/76B | - | €1,064 | +€1,064 | |
| Recurring financial income | 75 | - | €1,064 | +€1,064 | |
| Non-recurring financial income | 76B | - | €1,064 | +€1,064 | |
| Financial charges | 65/66B | - | €283 | +€283 | |
| Recurring financial charges | 65 | - | €283 | +€283 | |
| Non-recurring financial charges | 66B | - | €283 | +€283 | |
| Profit (loss) for the period before taxes | 9903 | €15,861 | €18,164 | +€2,303 | +14.5% |
| Income taxes | 67/77 | €2,656 | €5,488 | +€2,832 | +107% |
| Profit (loss) for the period | 9904 | €13,205 | €12,676 | -€529 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,205 | €12,676 | -€529 | -4.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.