AD office: 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 office
Largest movements
- Receivables within one year -€13,916
down €13,916 (-47.9%), from €29,070 to €15,154
of which Trade receivables: -€12,479
- Cash -€7,545
down €7,545 (-24.5%), from €30,833 to €23,288
mainly Contributions, distributions and other (-€74,500) and Trade debts (-€1,931)
- Tangible fixed assets -€5,252
down €5,252 (-19.1%), from €27,444 to €22,192
of which Furniture and vehicles: -€6,101
- Profit (loss) carried forward -€62,847
down €62,847 (-100.0%), from €62,849 to €2
- Other debts +€38,132
up €38,132 (+1,001%), from €3,810 to €41,943
- Trade debts -€1,931
down €1,931 (-79.7%), from €2,422 to €491
- Gross operating margin -€8,541
down €8,541 (-26.1%), from €32,774 to €24,233
- Depreciation +€4,683
up €4,683 (+244%), from €1,916 to €6,599
- Taxes -€1,584
down €1,584 (-25.4%), from €6,238 to €4,654
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 | €87,902 | €60,635 | -€27,267 | -31.0% |
| Fixed assets | 21/28 | €27,445 | €22,192 | -€5,253 | -19.1% |
| Intangible fixed assets | 21 | €1 | €0 | -€0 | -36.4% |
| Tangible fixed assets | 22/27 | €27,444 | €22,192 | -€5,252 | -19.1% |
| Plant, machinery and equipment | 23 | €408 | €0 | -€408 | -100% |
| Furniture and vehicles | 24 | €27,036 | €20,936 | -€6,101 | -22.6% |
| Other tangible fixed assets | 26 | - | €1,256 | +€1,256 | |
| Current assets | 29/58 | €60,457 | €38,443 | -€22,014 | -36.4% |
| Amounts receivable within one year | 40/41 | €29,070 | €15,154 | -€13,916 | -47.9% |
| Trade receivables | 40 | €27,573 | €15,094 | -€12,479 | -45.3% |
| Other amounts receivable | 41 | €1,497 | €60 | -€1,436 | -96.0% |
| Cash at bank and in hand | 54/58 | €30,833 | €23,288 | -€7,545 | -24.5% |
| Deferred charges and accrued income | 490/1 | €554 | €0 | -€554 | -100% |
| Total equity and liabilities | 10/49 | €87,902 | €60,635 | -€27,267 | -31.0% |
| Equity | 10/15 | €66,349 | €3,502 | -€62,847 | -94.7% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,849 | €2 | -€62,847 | -100.0% |
| Amounts payable | 17/49 | €21,553 | €57,132 | +€35,580 | +165% |
| Amounts payable within one year | 42/48 | €21,553 | €57,132 | +€35,580 | +165% |
| Trade debts | 44 | €2,422 | €491 | -€1,931 | -79.7% |
| Suppliers | 440/4 | €2,422 | €491 | -€1,931 | -79.7% |
| Taxes, remuneration and social security | 45 | €15,320 | €14,699 | -€621 | -4.1% |
| Taxes | 450/3 | €15,320 | €14,699 | -€621 | -4.1% |
| Other amounts payable | 47/48 | €3,810 | €41,943 | +€38,132 | +1,001% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,916 | €6,599 | +€4,683 | +244% |
| Other operating charges | 640/8 | €965 | €928 | -€37 | -3.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €32,774 | €24,233 | -€8,541 | -26.1% |
| Operating profit (loss) | 9901 | €29,893 | €16,706 | -€13,187 | -44.1% |
| Financial income | 75/76B | €1 | €183 | +€182 | +22,753% |
| Recurring financial income | 75 | €1 | €183 | +€182 | +22,753% |
| Financial charges | 65/66B | €317 | €581 | +€265 | +83.5% |
| Recurring financial charges | 65 | €317 | €581 | +€265 | +83.5% |
| Profit (loss) for the period before taxes | 9903 | €29,577 | €16,307 | -€13,270 | -44.9% |
| Income taxes | 67/77 | €6,238 | €4,654 | -€1,584 | -25.4% |
| Profit (loss) for the period | 9904 | €23,339 | €11,653 | -€11,685 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,339 | €11,653 | -€11,685 | -50.1% |
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 18 October 2026 via checked.be.