AD NETWORKING: what changed
Two fiscal 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 NETWORKING
Largest movements
- Tangible fixed assets -€57,949
down €57,949 (-3.8%), from €1.5m to €1.5m
of which Land and buildings: -€38,012
- Deferred charges and accrued income +€24,000
up €24,000 (+38.7%), from €62,000 to €86,000
- Profit (loss) carried forward -€19,306
down €19,306 (-518.8%), from -€3,721 to -€23,028
- Gross operating margin -€36,776
down €36,776 (-38.6%), from €95,265 to €58,489
- Other operating charges +€8,275
up €8,275 (+64048.1%), from €13 to €8,288
- Depreciation +€1,564
up €1,564 (+2.3%), from €67,819 to €69,383
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 | €1,603,206 | €1,569,131 | -€34,075 | -2.1% |
| Fixed assets | 21/28 | €1,537,289 | €1,479,339 | -€57,949 | -3.8% |
| Tangible fixed assets | 22/27 | €1,537,289 | €1,479,339 | -€57,949 | -3.8% |
| Land and buildings | 22 | €1,267,456 | €1,229,444 | -€38,012 | -3.0% |
| Plant, machinery and equipment | 23 | €269,833 | €249,895 | -€19,938 | -7.4% |
| Current assets | 29/58 | €65,917 | €89,792 | +€23,874 | +36.2% |
| Cash at bank and in hand | 54/58 | €3,917 | €3,792 | -€126 | -3.2% |
| Deferred charges and accrued income | 490/1 | €62,000 | €86,000 | +€24,000 | +38.7% |
| Total equity and liabilities | 10/49 | €1,603,206 | €1,569,131 | -€34,075 | -2.1% |
| Equity | 10/15 | -€2,221 | -€21,528 | -€19,306 | -869.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,721 | -€23,028 | -€19,306 | -518.8% |
| Amounts payable | 17/49 | €1,605,427 | €1,590,659 | -€14,769 | -0.9% |
| Amounts payable within one year | 42/48 | €1,605,427 | €1,590,659 | -€14,769 | -0.9% |
| Trade debts | 44 | €1,274 | €1,716 | +€442 | +34.7% |
| Suppliers | 440/4 | €1,274 | €1,716 | +€442 | +34.7% |
| Other amounts payable | 47/48 | €1,604,153 | €1,588,942 | -€15,211 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,819 | €69,383 | +€1,564 | +2.3% |
| Other operating charges | 640/8 | €13 | €8,288 | +€8,275 | +64048.1% |
| Gross operating margin | 9900 | €95,265 | €58,489 | -€36,776 | -38.6% |
| Operating profit (loss) | 9901 | €27,434 | -€19,182 | -€46,616 | |
| Financial charges | 65/66B | €125 | €125 | = | 0.0% |
| Recurring financial charges | 65 | €125 | €125 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €27,309 | -€19,306 | -€46,616 | |
| Profit (loss) for the period | 9904 | €27,309 | -€19,306 | -€46,616 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,309 | -€19,306 | -€46,616 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.