AD SERVICES: 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 SERVICES
Largest movements
- Cash -€9,628
down €9,628 (-39.3%), from €24,518 to €14,890
mainly Advances received (-€14,415) and Trade debts (-€8,725)
- Receivables within one year +€2,525
up €2,525 (+7.5%), from €33,536 to €36,061
of which Other amounts receivable: +€15,397
- Tangible fixed assets +€1,322
up €1,322 (+34.2%), from €3,868 to €5,190
of which Plant, machinery and equipment: +€4,550
- Advances received -€14,415
no longer reported in 2025 (was €14,415)
- Profit (loss) carried forward +€12,960
up €12,960 (+57.3%), from €22,624 to €35,584
- Trade debts -€8,725
down €8,725 (-75.3%), from €11,585 to €2,860
- Tax, wage and social debts +€6,281
up €6,281 (+62.1%), from €10,116 to €16,397
of which Remuneration and social security: +€3,273
- Current portion of long-term debt -€1,875
no longer reported in 2025 (was €1,875)
- Staff costs +€3,139
new in 2025: €3,139
- Gross operating margin -€1,497
down €1,497 (-5.6%), from €26,963 to €25,466
- Depreciation +€920
up €920 (+25.6%), from €3,599 to €4,520
- Other operating charges -€481
down €481 (-63.9%), from €753 to €272
- Taxes -€400
down €400 (-8.5%), from €4,735 to €4,335
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 | €61,923 | €56,141 | -€5,782 | -9.3% |
| Fixed assets | 21/28 | €3,868 | €5,190 | +€1,322 | +34.2% |
| Tangible fixed assets | 22/27 | €3,868 | €5,190 | +€1,322 | +34.2% |
| Plant, machinery and equipment | 23 | - | €4,550 | +€4,550 | |
| Furniture and vehicles | 24 | €3,868 | €640 | -€3,228 | -83.4% |
| Current assets | 29/58 | €58,054 | €50,951 | -€7,103 | -12.2% |
| Amounts receivable within one year | 40/41 | €33,536 | €36,061 | +€2,525 | +7.5% |
| Trade receivables | 40 | €29,766 | €16,893 | -€12,873 | -43.2% |
| Other amounts receivable | 41 | €3,770 | €19,167 | +€15,397 | +408% |
| Cash at bank and in hand | 54/58 | €24,518 | €14,890 | -€9,628 | -39.3% |
| Total equity and liabilities | 10/49 | €61,923 | €56,141 | -€5,782 | -9.3% |
| Equity | 10/15 | €23,924 | €36,884 | +€12,960 | +54.2% |
| Contributions | 10/11 | €1,300 | €1,300 | = | 0.0% |
| Capital | 10 | €1,300 | €1,300 | = | 0.0% |
| Issued capital | 100 | €1,300 | €1,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,624 | €35,584 | +€12,960 | +57.3% |
| Amounts payable | 17/49 | €37,998 | €19,257 | -€18,741 | -49.3% |
| Amounts payable within one year | 42/48 | €37,998 | €19,257 | -€18,741 | -49.3% |
| Current portion of amounts payable after more than one year | 42 | €1,875 | - | -€1,875 | |
| Financial debts | 43 | €8 | - | -€8 | |
| Credit institutions | 430/8 | €8 | - | -€8 | |
| Trade debts | 44 | €11,585 | €2,860 | -€8,725 | -75.3% |
| Suppliers | 440/4 | €11,585 | €2,860 | -€8,725 | -75.3% |
| Advances received on contracts in progress | 46 | €14,415 | - | -€14,415 | |
| Taxes, remuneration and social security | 45 | €10,116 | €16,397 | +€6,281 | +62.1% |
| Taxes | 450/3 | €6,916 | €9,924 | +€3,009 | +43.5% |
| Remuneration and social security | 454/9 | €3,200 | €6,473 | +€3,273 | +102% |
| Remuneration, social security and pensions | 62 | - | €3,139 | +€3,139 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,599 | €4,520 | +€920 | +25.6% |
| Other operating charges | 640/8 | €753 | €272 | -€481 | -63.9% |
| Gross operating margin | 9900 | €26,963 | €25,466 | -€1,497 | -5.6% |
| Operating profit (loss) | 9901 | €22,611 | €17,536 | -€5,075 | -22.4% |
| Financial income | 75/76B | €15 | €2 | -€13 | -88.4% |
| Recurring financial income | 75 | €15 | €2 | -€13 | -88.4% |
| Financial charges | 65/66B | €505 | €242 | -€263 | -52.0% |
| Recurring financial charges | 65 | €505 | €242 | -€263 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €22,120 | €17,295 | -€4,825 | -21.8% |
| Income taxes | 67/77 | €4,735 | €4,335 | -€400 | -8.5% |
| Profit (loss) for the period | 9904 | €17,385 | €12,960 | -€4,425 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,385 | €12,960 | -€4,425 | -25.5% |
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 13 October 2026 via checked.be.