AD SHOP: 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 SHOP
Largest movements
- Receivables within one year +€84,901
new in 2025: €84,901
- Stocks and contracts -€5,891
down €5,891 (-31.1%), from €18,917 to €13,026
- Cash -€3,570
down €3,570 (-15.4%), from €23,123 to €19,553
mainly Receivables within one year (-€84,901) and Net result for the year (-€11,138)
- Trade debts +€89,526
up €89,526 (+268%), from €33,343 to €122,869
- Profit (loss) carried forward -€11,138
down €11,138 (-43.4%), from -€25,646 to -€36,783
- Tax, wage and social debts -€2,890
down €2,890 (-11.8%), from €24,444 to €21,554
of which Remuneration and social security: -€1,632
- Turnover -€66,114
down €66,114 (-4.8%), from €1.4m to €1.3m
- Purchases and services -€53,029
down €53,029 (-4.1%), from €1.3m to €1.2m
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 | €53,030 | €128,100 | +€75,070 | +142% |
| Fixed assets | 21/28 | €10,820 | €10,621 | -€199 | -1.8% |
| Tangible fixed assets | 22/27 | €2,140 | €1,941 | -€199 | -9.3% |
| Furniture and vehicles | 24 | €2,140 | €1,941 | -€199 | -9.3% |
| Financial fixed assets | 28 | €8,680 | €8,680 | = | 0.0% |
| Current assets | 29/58 | €42,210 | €117,479 | +€75,269 | +178% |
| Stocks and contracts in progress | 3 | €18,917 | €13,026 | -€5,891 | -31.1% |
| Stocks | 30/36 | €18,917 | €13,026 | -€5,891 | -31.1% |
| Amounts receivable within one year | 40/41 | - | €84,901 | +€84,901 | |
| Trade receivables | 40 | - | €84,901 | +€84,901 | |
| Cash at bank and in hand | 54/58 | €23,123 | €19,553 | -€3,570 | -15.4% |
| Deferred charges and accrued income | 490/1 | €170 | - | -€170 | |
| Total equity and liabilities | 10/49 | €53,030 | €128,100 | +€75,070 | +142% |
| Equity | 10/15 | -€5,186 | -€16,323 | -€11,138 | -215% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,646 | -€36,783 | -€11,138 | -43.4% |
| Amounts payable | 17/49 | €58,216 | €144,423 | +€86,207 | +148% |
| Amounts payable within one year | 42/48 | €58,216 | €144,423 | +€86,207 | +148% |
| Trade debts | 44 | €33,343 | €122,869 | +€89,526 | +268% |
| Suppliers | 440/4 | €33,343 | €122,869 | +€89,526 | +268% |
| Taxes, remuneration and social security | 45 | €24,444 | €21,554 | -€2,890 | -11.8% |
| Taxes | 450/3 | €6,665 | €5,407 | -€1,258 | -18.9% |
| Remuneration and social security | 454/9 | €17,780 | €16,147 | -€1,632 | -9.2% |
| Other amounts payable | 47/48 | €428 | - | -€428 | |
| Turnover | 70 | €1,391,032 | €1,324,918 | -€66,114 | -4.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,299,699 | €1,246,670 | -€53,029 | -4.1% |
| Remuneration, social security and pensions | 62 | €79,649 | €74,324 | -€5,325 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €868 | €949 | +€81 | +9.4% |
| Other operating charges | 640/8 | €130 | €10,393 | +€10,263 | +7,895% |
| Gross operating margin | 9900 | €93,859 | €80,721 | -€13,138 | -14.0% |
| Operating profit (loss) | 9901 | €13,212 | -€4,946 | -€18,158 | |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €4,686 | €6,199 | +€1,513 | +32.3% |
| Recurring financial charges | 65 | €4,686 | €6,199 | +€1,513 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | €8,526 | -€11,138 | -€19,664 | |
| Profit (loss) for the period | 9904 | €8,526 | -€11,138 | -€19,664 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,526 | -€11,138 | -€19,664 |
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 24 October 2026 via checked.be.