AD Moving: 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 Moving
Largest movements
- Receivables within one year +€14,576
up €14,576 (+67.7%), from €21,538 to €36,114
of which Trade receivables: +€22,396
- Cash -€7,443
down €7,443 (-76.1%), from €9,780 to €2,337
mainly Receivables within one year (-€14,576) and Trade debts (-€9,421)
- Deferred charges and accrued income +€3,554
new in 2025: €3,554
- Tangible fixed assets -€974
down €974 (-59.5%), from €1,636 to €663
- Tax, wage and social debts +€14,643
up €14,643 (+17.5%), from €83,818 to €98,461
of which Taxes: +€8,774
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Trade debts -€9,421
down €9,421 (-52.3%), from €18,022 to €8,601
- Accrued charges and deferred income -€4,575
no longer reported in 2025 (was €4,575)
- Profit (loss) carried forward -€2,242
down €2,242 (-2.7%), from -€82,102 to -€84,344
- Financial income -€20,625
down €20,625 (-100.0%), from €20,627 to €1
of which Non-recurring financial income: -€20,578
- Staff costs -€13,076
down €13,076 (-16.5%), from €79,391 to €66,315
- Depreciation -€4,365
down €4,365 (-81.8%), from €5,339 to €974
- Gross operating margin -€4,138
down €4,138 (-5.4%), from €77,206 to €73,068
- Financial charges +€2,382
up €2,382 (+70.4%), from €3,383 to €5,764
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.
Derived cash bridge
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 | €35,105 | €44,818 | +€9,713 | +27.7% |
| Fixed assets | 21/28 | €3,786 | €2,813 | -€974 | -25.7% |
| Tangible fixed assets | 22/27 | €1,636 | €663 | -€974 | -59.5% |
| Furniture and vehicles | 24 | €1,636 | €663 | -€974 | -59.5% |
| Financial fixed assets | 28 | €2,150 | €2,150 | = | 0.0% |
| Current assets | 29/58 | €31,319 | €42,005 | +€10,687 | +34.1% |
| Amounts receivable within one year | 40/41 | €21,538 | €36,114 | +€14,576 | +67.7% |
| Trade receivables | 40 | €8,387 | €30,783 | +€22,396 | +267% |
| Other amounts receivable | 41 | €13,152 | €5,332 | -€7,820 | -59.5% |
| Cash at bank and in hand | 54/58 | €9,780 | €2,337 | -€7,443 | -76.1% |
| Deferred charges and accrued income | 490/1 | - | €3,554 | +€3,554 | |
| Total equity and liabilities | 10/49 | €35,105 | €44,818 | +€9,713 | +27.7% |
| Equity | 10/15 | -€72,402 | -€62,244 | +€10,158 | +14.0% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,102 | -€84,344 | -€2,242 | -2.7% |
| Amounts payable | 17/49 | €107,507 | €107,062 | -€445 | -0.4% |
| Amounts payable within one year | 42/48 | €102,932 | €107,062 | +€4,130 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €1,093 | - | -€1,093 | |
| Trade debts | 44 | €18,022 | €8,601 | -€9,421 | -52.3% |
| Suppliers | 440/4 | €18,022 | €8,601 | -€9,421 | -52.3% |
| Taxes, remuneration and social security | 45 | €83,818 | €98,461 | +€14,643 | +17.5% |
| Taxes | 450/3 | €65,909 | €74,682 | +€8,774 | +13.3% |
| Remuneration and social security | 454/9 | €17,910 | €23,779 | +€5,869 | +32.8% |
| Accrued charges and deferred income | 492/3 | €4,575 | - | -€4,575 | |
| Remuneration, social security and pensions | 62 | €79,391 | €66,315 | -€13,076 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,339 | €974 | -€4,365 | -81.8% |
| Other operating charges | 640/8 | €640 | €2,258 | +€1,618 | +253% |
| Gross operating margin | 9900 | €77,206 | €73,068 | -€4,138 | -5.4% |
| Operating profit (loss) | 9901 | -€8,164 | €3,521 | +€11,685 | |
| Financial income | 75/76B | €20,627 | €1 | -€20,625 | -100.0% |
| Recurring financial income | 75 | €49 | €1 | -€47 | -97.1% |
| Non-recurring financial income | 76B | €20,578 | - | -€20,578 | |
| Financial charges | 65/66B | €3,383 | €5,764 | +€2,382 | +70.4% |
| Recurring financial charges | 65 | €3,383 | €5,764 | +€2,382 | +70.4% |
| Profit (loss) for the period before taxes | 9903 | €9,080 | -€2,242 | -€11,322 | |
| Profit (loss) for the period | 9904 | €9,080 | -€2,242 | -€11,322 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,080 | -€2,242 | -€11,322 |
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 15 October 2026 via checked.be.