AD Network: 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 Network
Largest movements
- Cash -€10,453
down €10,453 (-93.1%), from €11,223 to €770
mainly Receivables within one year (-€9,994) and Trade debts (-€2,035)
- Receivables within one year +€9,994
up €9,994 (+147.8%), from €6,760 to €16,754
of which Trade receivables: +€12,549
- Tangible fixed assets -€1,932
down €1,932 (-24.6%), from €7,862 to €5,930
of which Plant, machinery and equipment: -€1,431
- Stocks and contracts +€1,912
new in 2025: €1,912
- Deferred charges and accrued income +€1,113
new in 2025: €1,113
- Trade debts -€2,035
down €2,035 (-16.8%), from €12,140 to €10,105
- Tax, wage and social debts +€1,359
up €1,359 (+33.7%), from €4,028 to €5,387
of which Taxes: +€1,313
- Other debts +€702
new in 2025: €702
- Reserves +€608
up €608 (+7.0%), from €8,677 to €9,285
- Turnover +€104,386
new in 2025: €104,386
- Purchases and services +€47,618
up €47,618 (+83.6%), from €56,929 to €104,547
- Gross operating margin -€9,557
down €9,557 (-70.8%), from €13,503 to €3,946
- Taxes -€2,715
down €2,715 (-67.4%), from €4,028 to €1,313
- Depreciation +€1,136
up €1,136 (+142.8%), from €796 to €1,932
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 | €25,845 | €26,478 | +€634 | +2.5% |
| Fixed assets | 21/28 | €7,862 | €5,930 | -€1,932 | -24.6% |
| Tangible fixed assets | 22/27 | €7,862 | €5,930 | -€1,932 | -24.6% |
| Plant, machinery and equipment | 23 | €6,859 | €5,428 | -€1,431 | -20.9% |
| Furniture and vehicles | 24 | €1,003 | €501 | -€501 | -50.0% |
| Current assets | 29/58 | €17,983 | €20,548 | +€2,566 | +14.3% |
| Stocks and contracts in progress | 3 | - | €1,912 | +€1,912 | |
| Stocks | 30/36 | - | €1,912 | +€1,912 | |
| Amounts receivable within one year | 40/41 | €6,760 | €16,754 | +€9,994 | +147.8% |
| Trade receivables | 40 | - | €12,549 | +€12,549 | |
| Other amounts receivable | 41 | €6,760 | €4,204 | -€2,555 | -37.8% |
| Cash at bank and in hand | 54/58 | €11,223 | €770 | -€10,453 | -93.1% |
| Deferred charges and accrued income | 490/1 | - | €1,113 | +€1,113 | |
| Total equity and liabilities | 10/49 | €25,845 | €26,478 | +€634 | +2.5% |
| Equity | 10/15 | €9,677 | €10,285 | +€608 | +6.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €8,677 | €9,285 | +€608 | +7.0% |
| Distributable reserves | 133 | €8,677 | €9,285 | +€608 | +7.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €16,168 | €16,193 | +€25 | +0.2% |
| Amounts payable within one year | 42/48 | €16,168 | €16,193 | +€25 | +0.2% |
| Trade debts | 44 | €12,140 | €10,105 | -€2,035 | -16.8% |
| Suppliers | 440/4 | €12,140 | €10,105 | -€2,035 | -16.8% |
| Taxes, remuneration and social security | 45 | €4,028 | €5,387 | +€1,359 | +33.7% |
| Taxes | 450/3 | €4,028 | €5,341 | +€1,313 | +32.6% |
| Remuneration and social security | 454/9 | - | €46 | +€46 | |
| Other amounts payable | 47/48 | - | €702 | +€702 | |
| Turnover | 70 | - | €104,386 | +€104,386 | |
| Goods, raw materials, services and sundry goods | 60/61 | €56,929 | €104,547 | +€47,618 | +83.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €796 | €1,932 | +€1,136 | +142.8% |
| Gross operating margin | 9900 | €13,503 | €3,946 | -€9,557 | -70.8% |
| Operating profit (loss) | 9901 | €12,707 | €2,014 | -€10,694 | -84.2% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €2 | €101 | +€98 | +4014.7% |
| Recurring financial charges | 65 | €2 | €101 | +€98 | +4014.7% |
| Profit (loss) for the period before taxes | 9903 | €12,705 | €1,921 | -€10,783 | -84.9% |
| Income taxes | 67/77 | €4,028 | €1,313 | -€2,715 | -67.4% |
| Profit (loss) for the period | 9904 | €8,677 | €608 | -€8,068 | -93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,677 | €608 | -€8,068 | -93.0% |
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 12 October 2026 via checked.be.