AD MOVE: 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 MOVE
Largest movements
- Tangible fixed assets -€24,658
down €24,658 (-7.1%), from €346,688 to €322,030
of which Land and buildings: -€23,897
- Cash -€5,693
down €5,693 (-16.1%), from €35,405 to €29,713
mainly Debts after one year (-€20,720) and Tax, wage and social debts (-€5,035)
- Debts after one year -€20,720
down €20,720 (-7.4%), from €281,040 to €260,320
- Tax, wage and social debts -€5,035
down €5,035 (-38.0%), from €13,248 to €8,213
of which Taxes: -€6,884
- Current portion of long-term debt -€4,902
down €4,902 (-14.9%), from €32,993 to €28,091
- Depreciation -€5,093
down €5,093 (-17.1%), from €29,751 to €24,658
- Gross operating margin +€1,905
up €1,905 (+1.7%), from €112,981 to €114,886
- Other operating charges +€1,844
up €1,844 (+19.3%), from €9,550 to €11,394
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 | €397,282 | €369,058 | -€28,224 | -7.1% |
| Fixed assets | 21/28 | €346,818 | €322,160 | -€24,658 | -7.1% |
| Tangible fixed assets | 22/27 | €346,688 | €322,030 | -€24,658 | -7.1% |
| Land and buildings | 22 | €345,792 | €321,895 | -€23,897 | -6.9% |
| Furniture and vehicles | 24 | €896 | €136 | -€760 | -84.9% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €50,464 | €46,897 | -€3,566 | -7.1% |
| Amounts receivable within one year | 40/41 | €15,058 | €16,842 | +€1,783 | +11.8% |
| Trade receivables | 40 | €15,058 | €16,842 | +€1,783 | +11.8% |
| Cash at bank and in hand | 54/58 | €35,405 | €29,713 | -€5,693 | -16.1% |
| Deferred charges and accrued income | 490/1 | €0 | €343 | +€343 | |
| Total equity and liabilities | 10/49 | €397,282 | €369,058 | -€28,224 | -7.1% |
| Equity | 10/15 | €42,937 | €44,737 | +€1,800 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,477 | €24,277 | +€1,800 | +8.0% |
| Amounts payable | 17/49 | €354,345 | €324,321 | -€30,024 | -8.5% |
| Amounts payable after more than one year | 17 | €281,040 | €260,320 | -€20,720 | -7.4% |
| Financial debts | 170/4 | €281,040 | €260,320 | -€20,720 | -7.4% |
| Amounts payable within one year | 42/48 | €72,155 | €64,001 | -€8,154 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €32,993 | €28,091 | -€4,902 | -14.9% |
| Trade debts | 44 | €6,436 | €7,064 | +€628 | +9.8% |
| Suppliers | 440/4 | €6,436 | €7,064 | +€628 | +9.8% |
| Taxes, remuneration and social security | 45 | €13,248 | €8,213 | -€5,035 | -38.0% |
| Taxes | 450/3 | €10,096 | €3,212 | -€6,884 | -68.2% |
| Remuneration and social security | 454/9 | €3,152 | €5,001 | +€1,849 | +58.7% |
| Other amounts payable | 47/48 | €19,477 | €20,633 | +€1,156 | +5.9% |
| Accrued charges and deferred income | 492/3 | €1,150 | €0 | -€1,150 | -100.0% |
| Non-recurring operating income | 76A | - | €1,151 | +€1,151 | |
| Remuneration, social security and pensions | 62 | €51,379 | €51,222 | -€157 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,751 | €24,658 | -€5,093 | -17.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €666 | +€666 | |
| Other operating charges | 640/8 | €9,550 | €11,394 | +€1,844 | +19.3% |
| Non-recurring operating charges | 66A | €139 | €3,889 | +€3,750 | +2695.1% |
| Gross operating margin | 9900 | €112,981 | €114,886 | +€1,905 | +1.7% |
| Operating profit (loss) | 9901 | €22,163 | €23,058 | +€895 | +4.0% |
| Financial income | 75/76B | €162 | €86 | -€76 | -46.8% |
| Recurring financial income | 75 | €162 | €86 | -€76 | -46.8% |
| Financial charges | 65/66B | €18,765 | €19,855 | +€1,090 | +5.8% |
| Recurring financial charges | 65 | €18,765 | €19,855 | +€1,090 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €3,559 | €3,289 | -€270 | -7.6% |
| Income taxes | 67/77 | €1,355 | €1,491 | +€136 | +10.0% |
| Profit (loss) for the period | 9904 | €2,204 | €1,798 | -€406 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,204 | €1,798 | -€406 | -18.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.