AD STYLING: 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 STYLING
Largest movements
- Tangible fixed assets +€40,064
up €40,064 (+778%), from €5,152 to €45,217
of which Land and buildings: +€42,640
- Cash +€8,110
up €8,110 (+29.6%), from €27,424 to €35,534
mainly Trade debts (+€24,076) and Net result for the year (+€15,962)
- Receivables within one year -€4,808
down €4,808 (-69.0%), from €6,967 to €2,159
of which Other amounts receivable: -€4,080
- Trade debts +€24,076
new in 2024: €24,076
- Profit (loss) carried forward +€15,962
up €15,962, from -€782 to €15,181
- Current portion of long-term debt +€2,400
new in 2024: €2,400
- Gross operating margin +€4,738
up €4,738 (+3.7%), from €129,707 to €134,446
- Staff costs -€4,634
down €4,634 (-4.3%), from €106,671 to €102,037
- Taxes +€3,800
up €3,800 (+332%), from €1,144 to €4,944
- Other operating charges +€3,429
up €3,429 (+408%), from €841 to €4,270
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 | €46,885 | €89,487 | +€42,602 | +90.9% |
| Fixed assets | 21/28 | €5,152 | €45,217 | +€40,064 | +778% |
| Tangible fixed assets | 22/27 | €5,152 | €45,217 | +€40,064 | +778% |
| Land and buildings | 22 | - | €42,640 | +€42,640 | |
| Plant, machinery and equipment | 23 | €5,152 | €2,576 | -€2,576 | -50.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Current assets | 29/58 | €41,733 | €44,271 | +€2,538 | +6.1% |
| Stocks and contracts in progress | 3 | €7,342 | €6,578 | -€763 | -10.4% |
| Stocks | 30/36 | €7,342 | €6,578 | -€763 | -10.4% |
| Amounts receivable within one year | 40/41 | €6,967 | €2,159 | -€4,808 | -69.0% |
| Trade receivables | 40 | €728 | - | -€728 | |
| Other amounts receivable | 41 | €6,238 | €2,159 | -€4,080 | -65.4% |
| Cash at bank and in hand | 54/58 | €27,424 | €35,534 | +€8,110 | +29.6% |
| Total equity and liabilities | 10/49 | €46,885 | €89,487 | +€42,602 | +90.9% |
| Equity | 10/15 | €46,885 | €62,847 | +€15,962 | +34.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,067 | €29,067 | = | 0.0% |
| Non-distributable reserves | 130/1 | €909 | €909 | = | 0.0% |
| Reserves not available under the articles | 1311 | €909 | €909 | = | 0.0% |
| Distributable reserves | 133 | €28,158 | €28,158 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€782 | €15,181 | +€15,962 | |
| Amounts payable | 17/49 | - | €26,640 | +€26,640 | |
| Amounts payable within one year | 42/48 | - | €26,640 | +€26,640 | |
| Current portion of amounts payable after more than one year | 42 | - | €2,400 | +€2,400 | |
| Trade debts | 44 | - | €24,076 | +€24,076 | |
| Suppliers | 440/4 | - | €24,076 | +€24,076 | |
| Other amounts payable | 47/48 | - | €164 | +€164 | |
| Remuneration, social security and pensions | 62 | €106,671 | €102,037 | -€4,634 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,890 | €4,149 | +€1,259 | +43.6% |
| Other operating charges | 640/8 | €841 | €4,270 | +€3,429 | +408% |
| Gross operating margin | 9900 | €129,707 | €134,446 | +€4,738 | +3.7% |
| Operating profit (loss) | 9901 | €19,305 | €23,990 | +€4,685 | +24.3% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €2,811 | €3,094 | +€283 | +10.1% |
| Recurring financial charges | 65 | €2,811 | €3,094 | +€283 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €16,494 | €20,906 | +€4,412 | +26.7% |
| Income taxes | 67/77 | €1,144 | €4,944 | +€3,800 | +332% |
| Profit (loss) for the period | 9904 | €15,350 | €15,962 | +€612 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,350 | €15,962 | +€612 | +4.0% |
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 16 October 2026 via checked.be.