AD TECH: what changed
Two fiscal 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 TECH
Largest movements
- Receivables within one year -€9,554
down €9,554 (-41.1%), from €23,248 to €13,694
of which Trade receivables: -€12,554
- Cash -€4,324
down €4,324 (-86.0%), from €5,029 to €705
mainly Net result for the year (-€24,246) and Tax, wage and social debts (-€2,883)
- Deferred charges and accrued income -€2,762
down €2,762 (-43.9%), from €6,288 to €3,526
- Profit (loss) carried forward -€24,246
down €24,246 (-107.7%), from -€22,515 to -€46,761
- Trade debts +€5,865
up €5,865 (+42.6%), from €13,772 to €19,637
- Other debts +€4,100
up €4,100 (+36.2%), from €11,328 to €15,428
- Tax, wage and social debts -€2,883
down €2,883 (-39.5%), from €7,295 to €4,412
- Current portion of long-term debt +€1,005
new in 2025: €1,005
- Gross operating margin -€19,320
down €19,320 (-499.0%), from -€3,872 to -€23,192
- Financial charges -€770
down €770 (-83.4%), from €923 to €153
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.
Cash bridge derived
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 | €35,769 | €19,396 | -€16,373 | -45.8% |
| Fixed assets | 21/28 | €1,203 | €1,470 | +€267 | +22.2% |
| Tangible fixed assets | 22/27 | €1,143 | €1,410 | +€267 | +23.4% |
| Furniture and vehicles | 24 | €1,143 | €1,410 | +€267 | +23.4% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €34,566 | €17,925 | -€16,640 | -48.1% |
| Amounts receivable within one year | 40/41 | €23,248 | €13,694 | -€9,554 | -41.1% |
| Trade receivables | 40 | €23,220 | €10,666 | -€12,554 | -54.1% |
| Other amounts receivable | 41 | €28 | €3,028 | +€3,000 | +10709.4% |
| Cash at bank and in hand | 54/58 | €5,029 | €705 | -€4,324 | -86.0% |
| Deferred charges and accrued income | 490/1 | €6,288 | €3,526 | -€2,762 | -43.9% |
| Total equity and liabilities | 10/49 | €35,769 | €19,396 | -€16,373 | -45.8% |
| Equity | 10/15 | €1,485 | -€22,761 | -€24,246 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,515 | -€46,761 | -€24,246 | -107.7% |
| Amounts payable | 17/49 | €34,284 | €42,157 | +€7,873 | +23.0% |
| Amounts payable within one year | 42/48 | €32,395 | €40,481 | +€8,086 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | - | €1,005 | +€1,005 | |
| Trade debts | 44 | €13,772 | €19,637 | +€5,865 | +42.6% |
| Suppliers | 440/4 | €13,772 | €19,637 | +€5,865 | +42.6% |
| Taxes, remuneration and social security | 45 | €7,295 | €4,412 | -€2,883 | -39.5% |
| Taxes | 450/3 | €7,295 | €4,412 | -€2,883 | -39.5% |
| Other amounts payable | 47/48 | €11,328 | €15,428 | +€4,100 | +36.2% |
| Accrued charges and deferred income | 492/3 | €1,889 | €1,675 | -€214 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €656 | €687 | +€31 | +4.6% |
| Other operating charges | 640/8 | €148 | €216 | +€68 | +45.9% |
| Gross operating margin | 9900 | -€3,872 | -€23,192 | -€19,320 | -499.0% |
| Operating profit (loss) | 9901 | -€4,676 | -€24,094 | -€19,418 | -415.3% |
| Financial income | 75/76B | €42 | €1 | -€41 | -96.6% |
| Recurring financial income | 75 | €42 | €1 | -€41 | -96.6% |
| Financial charges | 65/66B | €923 | €153 | -€770 | -83.4% |
| Recurring financial charges | 65 | €923 | €153 | -€770 | -83.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,557 | -€24,246 | -€18,689 | -336.3% |
| Profit (loss) for the period | 9904 | -€5,557 | -€24,246 | -€18,689 | -336.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,557 | -€24,246 | -€18,689 | -336.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.