AD-TECHNICS: 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-TECHNICS
Largest movements
- Receivables within one year -€26,185
down €26,185 (-21.8%), from €119,992 to €93,806
of which Other amounts receivable: -€17,301
- Tangible fixed assets -€17,608
down €17,608 (-2.8%), from €635,275 to €617,667
of which Furniture and vehicles: -€12,249
- Cash -€10,980
down €10,980 (-76.1%), from €14,433 to €3,453
mainly Investment in fixed assets (net) (-€41,586) and Advances received (-€27,000)
- Advances received -€27,000
down €27,000 (-51.9%), from €52,000 to €25,000
- Trade debts -€24,923
down €24,923 (-21.1%), from €117,935 to €93,011
- Debts after one year -€10,361
down €10,361 (-2.4%), from €431,389 to €421,028
- Staff costs -€27,156
down €27,156 (-39.3%), from €69,101 to €41,944
- Gross operating margin +€20,860
up €20,860 (+15.6%), from €133,962 to €154,822
- Depreciation +€17,655
up €17,655 (+42.5%), from €41,538 to €59,194
- Financial income -€14,730
down €14,730 (-97.3%), from €15,136 to €406
- Financial charges +€13,981
up €13,981 (+66.9%), from €20,884 to €34,865
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 | €911,536 | €855,644 | -€55,892 | -6.1% |
| Fixed assets | 21/28 | €645,275 | €627,667 | -€17,608 | -2.7% |
| Tangible fixed assets | 22/27 | €635,275 | €617,667 | -€17,608 | -2.8% |
| Land and buildings | 22 | €504,806 | €502,856 | -€1,951 | -0.4% |
| Plant, machinery and equipment | 23 | €30,478 | €27,070 | -€3,408 | -11.2% |
| Furniture and vehicles | 24 | €99,990 | €87,741 | -€12,249 | -12.3% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €266,261 | €227,977 | -€38,284 | -14.4% |
| Stocks and contracts in progress | 3 | €127,000 | €124,000 | -€3,000 | -2.4% |
| Stocks | 30/36 | €127,000 | €124,000 | -€3,000 | -2.4% |
| Amounts receivable within one year | 40/41 | €119,992 | €93,806 | -€26,185 | -21.8% |
| Trade receivables | 40 | €79,029 | €70,145 | -€8,884 | -11.2% |
| Other amounts receivable | 41 | €40,962 | €23,661 | -€17,301 | -42.2% |
| Cash at bank and in hand | 54/58 | €14,433 | €3,453 | -€10,980 | -76.1% |
| Deferred charges and accrued income | 490/1 | €4,837 | €6,718 | +€1,881 | +38.9% |
| Total equity and liabilities | 10/49 | €911,536 | €855,644 | -€55,892 | -6.1% |
| Equity | 10/15 | €86,971 | €87,964 | +€994 | +1.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €81,971 | €82,964 | +€994 | +1.2% |
| Distributable reserves | 133 | €81,971 | €82,964 | +€994 | +1.2% |
| Amounts payable | 17/49 | €824,565 | €767,680 | -€56,886 | -6.9% |
| Amounts payable after more than one year | 17 | €431,389 | €421,028 | -€10,361 | -2.4% |
| Financial debts | 170/4 | €431,389 | €421,028 | -€10,361 | -2.4% |
| Amounts payable within one year | 42/48 | €393,177 | €346,652 | -€46,525 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €37,074 | €41,048 | +€3,974 | +10.7% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €117,935 | €93,011 | -€24,923 | -21.1% |
| Suppliers | 440/4 | €117,935 | €93,011 | -€24,923 | -21.1% |
| Advances received on contracts in progress | 46 | €52,000 | €25,000 | -€27,000 | -51.9% |
| Taxes, remuneration and social security | 45 | €13,297 | €10,963 | -€2,334 | -17.6% |
| Taxes | 450/3 | €7,899 | €8,213 | +€314 | +4.0% |
| Remuneration and social security | 454/9 | €5,398 | €2,750 | -€2,648 | -49.1% |
| Other amounts payable | 47/48 | €47,871 | €51,629 | +€3,758 | +7.8% |
| Remuneration, social security and pensions | 62 | €69,101 | €41,944 | -€27,156 | -39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,538 | €59,194 | +€17,655 | +42.5% |
| Other operating charges | 640/8 | €4,622 | €9,212 | +€4,589 | +99.3% |
| Non-recurring operating charges | 66A | €2,240 | €6,422 | +€4,183 | +187% |
| Gross operating margin | 9900 | €133,962 | €154,822 | +€20,860 | +15.6% |
| Operating profit (loss) | 9901 | €16,460 | €38,050 | +€21,589 | +131% |
| Financial income | 75/76B | €15,136 | €406 | -€14,730 | -97.3% |
| Recurring financial income | 75 | €15,136 | €406 | -€14,730 | -97.3% |
| Financial charges | 65/66B | €20,884 | €34,865 | +€13,981 | +66.9% |
| Recurring financial charges | 65 | €20,884 | €34,865 | +€13,981 | +66.9% |
| Profit (loss) for the period before taxes | 9903 | €10,713 | €3,591 | -€7,122 | -66.5% |
| Income taxes | 67/77 | €5,399 | €2,597 | -€2,802 | -51.9% |
| Profit (loss) for the period | 9904 | €5,313 | €994 | -€4,320 | -81.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,313 | €994 | -€4,320 | -81.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.