AD.PRO: 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.PRO
Largest movements
- Cash +€33,666
up €33,666 (+41.5%), from €81,108 to €114,774
mainly Net result for the year (+€42,477) and Trade debts (+€12,992)
- Receivables within one year +€23,928
up €23,928 (+73.4%), from €32,589 to €56,516
of which Trade receivables: +€17,641
- Tangible fixed assets -€2,803
down €2,803 (-23.2%), from €12,073 to €9,270
of which Land and buildings: -€2,133
- Reserves +€42,477
up €42,477 (+41.0%), from €103,664 to €146,141
- Trade debts +€12,992
up €12,992 (+422%), from €3,081 to €16,073
- Tax, wage and social debts +€2,655
up €2,655 (+31.1%), from €8,535 to €11,190
- Gross operating margin -€13,706
down €13,706 (-17.3%), from €79,234 to €65,528
- Taxes -€3,287
down €3,287 (-15.3%), from €21,470 to €18,183
- Other operating charges -€2,729
down €2,729 (-75.4%), from €3,618 to €888
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 | €127,061 | €183,581 | +€56,520 | +44.5% |
| Fixed assets | 21/28 | €12,073 | €9,270 | -€2,803 | -23.2% |
| Tangible fixed assets | 22/27 | €12,073 | €9,270 | -€2,803 | -23.2% |
| Land and buildings | 22 | €9,587 | €7,454 | -€2,133 | -22.2% |
| Furniture and vehicles | 24 | €2,486 | €1,816 | -€670 | -27.0% |
| Current assets | 29/58 | €114,988 | €174,311 | +€59,322 | +51.6% |
| Amounts receivable within one year | 40/41 | €32,589 | €56,516 | +€23,928 | +73.4% |
| Trade receivables | 40 | €32,059 | €49,700 | +€17,641 | +55.0% |
| Other amounts receivable | 41 | €530 | €6,817 | +€6,287 | +1,186% |
| Cash at bank and in hand | 54/58 | €81,108 | €114,774 | +€33,666 | +41.5% |
| Deferred charges and accrued income | 490/1 | €1,292 | €3,021 | +€1,729 | +134% |
| Total equity and liabilities | 10/49 | €127,061 | €183,581 | +€56,520 | +44.5% |
| Equity | 10/15 | €113,664 | €156,141 | +€42,477 | +37.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €103,664 | €146,141 | +€42,477 | +41.0% |
| Distributable reserves | 133 | €103,664 | €146,141 | +€42,477 | +41.0% |
| Amounts payable | 17/49 | €13,398 | €27,440 | +€14,042 | +105% |
| Amounts payable within one year | 42/48 | €13,398 | €27,440 | +€14,042 | +105% |
| Trade debts | 44 | €3,081 | €16,073 | +€12,992 | +422% |
| Suppliers | 440/4 | €3,081 | €16,073 | +€12,992 | +422% |
| Taxes, remuneration and social security | 45 | €8,535 | €11,190 | +€2,655 | +31.1% |
| Taxes | 450/3 | €8,535 | €11,190 | +€2,655 | +31.1% |
| Other amounts payable | 47/48 | €1,781 | €178 | -€1,604 | -90.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,581 | €2,803 | +€222 | +8.6% |
| Other operating charges | 640/8 | €3,618 | €888 | -€2,729 | -75.4% |
| Gross operating margin | 9900 | €79,234 | €65,528 | -€13,706 | -17.3% |
| Operating profit (loss) | 9901 | €73,036 | €61,837 | -€11,199 | -15.3% |
| Financial income | 75/76B | €0 | €203 | +€203 | +67,557% |
| Recurring financial income | 75 | €0 | €203 | +€203 | +67,557% |
| Financial charges | 65/66B | €1,892 | €1,379 | -€513 | -27.1% |
| Recurring financial charges | 65 | €1,892 | €1,379 | -€513 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €71,144 | €60,660 | -€10,483 | -14.7% |
| Income taxes | 67/77 | €21,470 | €18,183 | -€3,287 | -15.3% |
| Profit (loss) for the period | 9904 | €49,674 | €42,477 | -€7,197 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,674 | €42,477 | -€7,197 | -14.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.