AD NO LIMIT: 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 NO LIMIT
Largest movements
- Deferred charges and accrued income -€13,757
down €13,757 (-25.1%), from €54,761 to €41,004
- Receivables within one year -€10,875
no longer reported in 2024 (was €10,875)
- Tangible fixed assets -€946
down €946 (-33.5%), from €2,828 to €1,882
- Other debts -€37,113
no longer reported in 2024 (was €37,113)
- Tax, wage and social debts +€27,966
up €27,966 (+286%), from €9,776 to €37,742
- Trade debts -€15,000
no longer reported in 2024 (was €15,000)
- Profit (loss) carried forward -€1,303
down €1,303 (-13.8%), from -€9,472 to -€10,775
- Other operating charges +€40,262
up €40,262 (+1,309%), from €3,076 to €43,339
- Gross operating margin +€14,405
up €14,405 (+16.7%), from €86,138 to €100,543
- Staff costs +€13,643
up €13,643 (+31.9%), from €42,706 to €56,349
- Taxes -€6,767
down €6,767 (-84.8%), from €7,980 to €1,213
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,618 | €63,167 | -€25,451 | -28.7% |
| Fixed assets | 21/28 | €3,328 | €2,382 | -€946 | -28.4% |
| Tangible fixed assets | 22/27 | €2,828 | €1,882 | -€946 | -33.5% |
| Plant, machinery and equipment | 23 | €2,828 | €1,882 | -€946 | -33.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €85,290 | €60,785 | -€24,505 | -28.7% |
| Amounts receivable within one year | 40/41 | €10,875 | - | -€10,875 | |
| Trade receivables | 40 | €10,875 | - | -€10,875 | |
| Cash at bank and in hand | 54/58 | €19,654 | €19,781 | +€127 | +0.6% |
| Deferred charges and accrued income | 490/1 | €54,761 | €41,004 | -€13,757 | -25.1% |
| Total equity and liabilities | 10/49 | €88,618 | €63,167 | -€25,451 | -28.7% |
| Equity | 10/15 | €26,728 | €25,425 | -€1,303 | -4.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Financial assistance | 1313 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €28,140 | €28,140 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,472 | -€10,775 | -€1,303 | -13.8% |
| Amounts payable | 17/49 | €61,889 | €37,742 | -€24,148 | -39.0% |
| Amounts payable within one year | 42/48 | €61,889 | €37,742 | -€24,148 | -39.0% |
| Trade debts | 44 | €15,000 | - | -€15,000 | |
| Suppliers | 440/4 | €15,000 | - | -€15,000 | |
| Taxes, remuneration and social security | 45 | €9,776 | €37,742 | +€27,966 | +286% |
| Taxes | 450/3 | €9,776 | €37,742 | +€27,966 | +286% |
| Other amounts payable | 47/48 | €37,113 | - | -€37,113 | |
| Remuneration, social security and pensions | 62 | €42,706 | €56,349 | +€13,643 | +31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,096 | €946 | -€150 | -13.7% |
| Other operating charges | 640/8 | €3,076 | €43,339 | +€40,262 | +1,309% |
| Non-recurring operating charges | 66A | €7,330 | - | -€7,330 | |
| Gross operating margin | 9900 | €86,138 | €100,543 | +€14,405 | +16.7% |
| Operating profit (loss) | 9901 | €31,929 | -€90 | -€32,020 | |
| Financial income | 75/76B | €523 | - | -€523 | |
| Recurring financial income | 75 | €523 | - | -€523 | |
| Financial charges | 65/66B | €533 | - | -€533 | |
| Recurring financial charges | 65 | €533 | - | -€533 | |
| Profit (loss) for the period before taxes | 9903 | €31,920 | -€90 | -€32,010 | |
| Income taxes | 67/77 | €7,980 | €1,213 | -€6,767 | -84.8% |
| Profit (loss) for the period | 9904 | €23,940 | -€1,303 | -€25,243 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,940 | -€1,303 | -€25,243 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.