AD.semih: 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.semih
Largest movements
- Receivables within one year -€2,714
no longer reported in 2024 (was €2,714)
- Tangible fixed assets +€1,521
up €1,521 (+44.1%), from €3,452 to €4,973
of which Plant, machinery and equipment: +€1,521
- Cash -€161
down €161 (-41.1%), from €392 to €231
mainly Investment in fixed assets (net) (-€2,211) and Trade debts (-€2,148)
- Trade debts -€2,148
down €2,148 (-83.1%), from €2,586 to €438
- Other debts +€591
up €591 (+15.6%), from €3,794 to €4,385
- Tax, wage and social debts +€81
up €81 (+14.8%), from €547 to €628
- Purchases and services -€20,408
no longer reported in 2024 (was €20,408)
- Gross operating margin -€4,299
down €4,299 (-74.9%), from €5,743 to €1,444
- Other operating charges -€1,396
down €1,396 (-78.3%), from €1,783 to €387
- Depreciation -€487
down €487 (-41.4%), from €1,177 to €690
- Taxes +€235
new in 2024: €235
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 | €7,091 | €5,683 | -€1,408 | -19.9% |
| Fixed assets | 21/28 | €3,452 | €4,973 | +€1,521 | +44.1% |
| Tangible fixed assets | 22/27 | €3,452 | €4,973 | +€1,521 | +44.1% |
| Plant, machinery and equipment | 23 | €3,452 | €4,973 | +€1,521 | +44.1% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €3,639 | €710 | -€2,929 | -80.5% |
| Stocks and contracts in progress | 3 | €533 | €479 | -€54 | -10.1% |
| Stocks | 30/36 | €533 | €479 | -€54 | -10.1% |
| Amounts receivable within one year | 40/41 | €2,714 | - | -€2,714 | |
| Trade receivables | 40 | €2,714 | - | -€2,714 | |
| Cash at bank and in hand | 54/58 | €392 | €231 | -€161 | -41.1% |
| Total equity and liabilities | 10/49 | €7,091 | €5,683 | -€1,408 | -19.9% |
| Equity | 10/15 | €164 | €232 | +€68 | +41.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,036 | -€5,968 | +€68 | +1.1% |
| Amounts payable | 17/49 | €6,927 | €5,451 | -€1,476 | -21.3% |
| Amounts payable within one year | 42/48 | €6,927 | €5,451 | -€1,476 | -21.3% |
| Trade debts | 44 | €2,586 | €438 | -€2,148 | -83.1% |
| Suppliers | 440/4 | €2,586 | €438 | -€2,148 | -83.1% |
| Taxes, remuneration and social security | 45 | €547 | €628 | +€81 | +14.8% |
| Taxes | 450/3 | €547 | €628 | +€81 | +14.8% |
| Other amounts payable | 47/48 | €3,794 | €4,385 | +€591 | +15.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,408 | - | -€20,408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,177 | €690 | -€487 | -41.4% |
| Other operating charges | 640/8 | €1,783 | €387 | -€1,396 | -78.3% |
| Gross operating margin | 9900 | €5,743 | €1,444 | -€4,299 | -74.9% |
| Operating profit (loss) | 9901 | €2,783 | €367 | -€2,416 | -86.8% |
| Financial charges | 65/66B | €163 | €64 | -€99 | -60.7% |
| Recurring financial charges | 65 | €163 | €64 | -€99 | -60.7% |
| Profit (loss) for the period before taxes | 9903 | €2,620 | €303 | -€2,317 | -88.4% |
| Income taxes | 67/77 | - | €235 | +€235 | |
| Profit (loss) for the period | 9904 | €2,620 | €68 | -€2,552 | -97.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,620 | €68 | -€2,552 | -97.4% |
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 18 October 2026 via checked.be.