AD TECHNOLOGY: 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 TECHNOLOGY
Largest movements
- Tangible fixed assets -€4,389
down €4,389 (-30.9%), from €14,182 to €9,793
- Receivables within one year +€4,031
up €4,031 (+69.5%), from €5,801 to €9,832
of which Trade receivables: +€5,295
- Cash -€1,020
down €1,020 (-14.4%), from €7,073 to €6,053
mainly Net result for the year (-€4,818) and Receivables within one year (-€4,031)
- Deferred charges and accrued income +€500
up €500 (+76.6%), from €653 to €1,153
- Profit (loss) carried forward -€4,818
down €4,818 (-29.3%), from €16,440 to €11,623
- Advances received +€2,000
new in 2024: €2,000
- Trade debts +€1,455
up €1,455 (+35.4%), from €4,113 to €5,569
- Turnover -€68,069
no longer reported in 2024 (was €68,069)
- Purchases and services -€44,392
no longer reported in 2024 (was €44,392)
- Gross operating margin -€21,655
down €21,655 (-91.5%), from €23,678 to €2,023
- Taxes -€4,274
down €4,274 (-94.3%), from €4,531 to €256
- Depreciation +€3,195
up €3,195 (+126%), from €2,527 to €5,722
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 | €28,584 | €27,480 | -€1,104 | -3.9% |
| Fixed assets | 21/28 | €15,057 | €10,442 | -€4,615 | -30.7% |
| Intangible fixed assets | 21 | €876 | €649 | -€227 | -25.9% |
| Tangible fixed assets | 22/27 | €14,182 | €9,793 | -€4,389 | -30.9% |
| Furniture and vehicles | 24 | €14,182 | €9,793 | -€4,389 | -30.9% |
| Current assets | 29/58 | €13,527 | €17,038 | +€3,512 | +26.0% |
| Amounts receivable within one year | 40/41 | €5,801 | €9,832 | +€4,031 | +69.5% |
| Trade receivables | 40 | €2,767 | €8,061 | +€5,295 | +191% |
| Other amounts receivable | 41 | €3,034 | €1,771 | -€1,263 | -41.6% |
| Cash at bank and in hand | 54/58 | €7,073 | €6,053 | -€1,020 | -14.4% |
| Deferred charges and accrued income | 490/1 | €653 | €1,153 | +€500 | +76.6% |
| Total equity and liabilities | 10/49 | €28,584 | €27,480 | -€1,104 | -3.9% |
| Equity | 10/15 | €18,440 | €13,623 | -€4,818 | -26.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,440 | €11,623 | -€4,818 | -29.3% |
| Amounts payable | 17/49 | €10,144 | €13,858 | +€3,714 | +36.6% |
| Amounts payable within one year | 42/48 | €10,144 | €13,858 | +€3,714 | +36.6% |
| Trade debts | 44 | €4,113 | €5,569 | +€1,455 | +35.4% |
| Suppliers | 440/4 | €4,113 | €5,569 | +€1,455 | +35.4% |
| Advances received on contracts in progress | 46 | - | €2,000 | +€2,000 | |
| Taxes, remuneration and social security | 45 | €6,031 | €6,287 | +€256 | +4.3% |
| Taxes | 450/3 | €4,531 | €4,787 | +€256 | +5.7% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | - | €2 | +€2 | |
| Turnover | 70 | €68,069 | - | -€68,069 | |
| Goods, raw materials, services and sundry goods | 60/61 | €44,392 | - | -€44,392 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,527 | €5,722 | +€3,195 | +126% |
| Other operating charges | 640/8 | €131 | €821 | +€690 | +529% |
| Gross operating margin | 9900 | €23,678 | €2,023 | -€21,655 | -91.5% |
| Operating profit (loss) | 9901 | €21,020 | -€4,520 | -€25,540 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €49 | €41 | -€8 | -16.3% |
| Recurring financial charges | 65 | €49 | €41 | -€8 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €20,971 | -€4,561 | -€25,532 | |
| Income taxes | 67/77 | €4,531 | €256 | -€4,274 | -94.3% |
| Profit (loss) for the period | 9904 | €16,440 | -€4,818 | -€21,258 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,440 | -€4,818 | -€21,258 |
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 15 October 2026 via checked.be.