AD UP: 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 UP
Largest movements
- Receivables within one year +€2,858
up €2,858 (+46.2%), from €6,183 to €9,041
of which Other amounts receivable: +€2,029
- Tangible fixed assets +€2,260
up €2,260 (+34.2%), from €6,612 to €8,872
of which Plant, machinery and equipment: +€6,612
- Stocks and contracts +€2,000
up €2,000 (+23.5%), from €8,500 to €10,500
- Cash -€1,737
down €1,737 (-66.4%), from €2,618 to €881
mainly Tax, wage and social debts (-€32,476) and Trade debts (-€22,974)
- Deferred charges and accrued income -€349
no longer reported in 2024 (was €349)
- Profit (loss) carried forward +€43,211
up €43,211 (+60.7%), from -€71,246 to -€28,035
- Tax, wage and social debts -€32,476
down €32,476 (-86.4%), from €37,578 to €5,101
of which Remuneration and social security: -€32,270
- Trade debts -€22,974
down €22,974 (-44.3%), from €51,860 to €28,887
- Other debts +€17,271
up €17,271 (+24704.9%), from €70 to €17,341
- Turnover +€71,327
new in 2024: €71,327
- Purchases and services +€52,766
new in 2024: €52,766
- Staff costs -€22,408
down €22,408 (-65.3%), from €34,337 to €11,929
- Gross operating margin +€12,608
up €12,608 (+211.8%), from €5,952 to €18,560
- Taxes +€2,012
up €2,012, from -€103 to €1,909
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.
Cash bridge derived
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 | €24,262 | €29,294 | +€5,032 | +20.7% |
| Fixed assets | 21/28 | €6,612 | €8,872 | +€2,260 | +34.2% |
| Tangible fixed assets | 22/27 | €6,612 | €8,872 | +€2,260 | +34.2% |
| Land and buildings | 22 | €6,612 | - | -€6,612 | |
| Plant, machinery and equipment | 23 | - | €6,612 | +€6,612 | |
| Furniture and vehicles | 24 | - | €2,260 | +€2,260 | |
| Current assets | 29/58 | €17,650 | €20,422 | +€2,772 | +15.7% |
| Stocks and contracts in progress | 3 | €8,500 | €10,500 | +€2,000 | +23.5% |
| Stocks | 30/36 | €8,500 | €10,500 | +€2,000 | +23.5% |
| Amounts receivable within one year | 40/41 | €6,183 | €9,041 | +€2,858 | +46.2% |
| Trade receivables | 40 | €5,956 | €6,785 | +€829 | +13.9% |
| Other amounts receivable | 41 | €227 | €2,256 | +€2,029 | +894.7% |
| Cash at bank and in hand | 54/58 | €2,618 | €881 | -€1,737 | -66.4% |
| Deferred charges and accrued income | 490/1 | €349 | - | -€349 | |
| Total equity and liabilities | 10/49 | €24,262 | €29,294 | +€5,032 | +20.7% |
| Equity | 10/15 | -€65,246 | -€22,035 | +€43,211 | +66.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,246 | -€28,035 | +€43,211 | +60.7% |
| Amounts payable | 17/49 | €89,508 | €51,329 | -€38,179 | -42.7% |
| Amounts payable within one year | 42/48 | €89,508 | €51,329 | -€38,179 | -42.7% |
| Trade debts | 44 | €51,860 | €28,887 | -€22,974 | -44.3% |
| Suppliers | 440/4 | €51,860 | €28,887 | -€22,974 | -44.3% |
| Taxes, remuneration and social security | 45 | €37,578 | €5,101 | -€32,476 | -86.4% |
| Taxes | 450/3 | €2,904 | €2,697 | -€206 | -7.1% |
| Remuneration and social security | 454/9 | €34,674 | €2,404 | -€32,270 | -93.1% |
| Other amounts payable | 47/48 | €70 | €17,341 | +€17,271 | +24704.9% |
| Turnover | 70 | - | €71,327 | +€71,327 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €52,766 | +€52,766 | |
| Remuneration, social security and pensions | 62 | €34,337 | €11,929 | -€22,408 | -65.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €826 | - | -€826 | |
| Other operating charges | 640/8 | - | €1,286 | +€1,286 | |
| Non-recurring operating charges | 66A | €133 | - | -€133 | |
| Gross operating margin | 9900 | €5,952 | €18,560 | +€12,608 | +211.8% |
| Operating profit (loss) | 9901 | -€29,344 | €5,346 | +€34,690 | |
| Financial charges | 65/66B | - | €226 | +€226 | |
| Recurring financial charges | 65 | - | €226 | +€226 | |
| Profit (loss) for the period before taxes | 9903 | -€29,344 | €5,120 | +€34,464 | |
| Income taxes | 67/77 | -€103 | €1,909 | +€2,012 | |
| Profit (loss) for the period | 9904 | -€29,241 | €3,211 | +€32,452 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,241 | €3,211 | +€32,452 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.