AD2: 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.
AD2
Largest movements
- Cash +€12,533
up €12,533 (+72.6%), from €17,258 to €29,791
mainly Receivables within one year (+€10,615) and Net result for the year (+€2,756)
- Receivables within one year -€10,615
down €10,615 (-99.1%), from €10,715 to €101
of which Trade receivables: -€10,000
- Tangible fixed assets -€1,363
down €1,363 (-48.3%), from €2,820 to €1,457
- Profit (loss) carried forward +€2,756
up €2,756 (+10.1%), from -€27,331 to -€24,574
- Other debts -€1,527
down €1,527 (-5.5%), from €27,657 to €26,130
- Tax, wage and social debts -€500
down €500 (-100%), from €500 to €0
- Gross operating margin +€7,670
up €7,670, from -€3,081 to €4,589
- Other operating charges +€78
up €78 (+20.2%), from €387 to €465
- Financial income +€49
up €49 (+4,047%), from €1 to €50
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 | €30,793 | €31,348 | +€555 | +1.8% |
| Fixed assets | 21/28 | €2,820 | €1,457 | -€1,363 | -48.3% |
| Tangible fixed assets | 22/27 | €2,820 | €1,457 | -€1,363 | -48.3% |
| Furniture and vehicles | 24 | €2,820 | €1,457 | -€1,363 | -48.3% |
| Current assets | 29/58 | €27,973 | €29,891 | +€1,918 | +6.9% |
| Amounts receivable within one year | 40/41 | €10,715 | €101 | -€10,615 | -99.1% |
| Trade receivables | 40 | €10,000 | €0 | -€10,000 | -100% |
| Other amounts receivable | 41 | €715 | €101 | -€615 | -85.9% |
| Cash at bank and in hand | 54/58 | €17,258 | €29,791 | +€12,533 | +72.6% |
| Total equity and liabilities | 10/49 | €30,793 | €31,348 | +€555 | +1.8% |
| Equity | 10/15 | €2,461 | €5,218 | +€2,756 | +112% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,192 | €11,192 | = | 0.0% |
| Distributable reserves | 133 | €11,192 | €11,192 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,331 | -€24,574 | +€2,756 | +10.1% |
| Amounts payable | 17/49 | €28,332 | €26,130 | -€2,201 | -7.8% |
| Amounts payable within one year | 42/48 | €28,332 | €26,130 | -€2,201 | -7.8% |
| Trade debts | 44 | €175 | €0 | -€175 | -100% |
| Suppliers | 440/4 | €175 | €0 | -€175 | -100% |
| Taxes, remuneration and social security | 45 | €500 | €0 | -€500 | -100% |
| Taxes | 450/3 | €500 | €0 | -€500 | -100% |
| Other amounts payable | 47/48 | €27,657 | €26,130 | -€1,527 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,363 | €1,363 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €465 | +€78 | +20.2% |
| Gross operating margin | 9900 | -€3,081 | €4,589 | +€7,670 | |
| Operating profit (loss) | 9901 | -€4,832 | €2,760 | +€7,592 | |
| Financial income | 75/76B | €1 | €50 | +€49 | +4,047% |
| Recurring financial income | 75 | €1 | €50 | +€49 | +4,047% |
| Financial charges | 65/66B | €54 | €54 | +€0 | +0.7% |
| Recurring financial charges | 65 | €54 | €54 | +€0 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,885 | €2,756 | +€7,641 | |
| Profit (loss) for the period | 9904 | -€4,885 | €2,756 | +€7,641 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,885 | €2,756 | +€7,641 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.