AD2MIX: 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.
AD2MIX
Largest movements
- Cash +€16,738
up €16,738 (+231.6%), from €7,227 to €23,965
mainly Stocks and contracts (+€9,031) and Trade debts (+€5,327)
- Stocks and contracts -€9,031
no longer reported in 2025 (was €9,031)
- Deferred charges and accrued income +€6,211
up €6,211 (+368.4%), from €1,686 to €7,897
- Tangible fixed assets -€4,173
down €4,173 (-41.5%), from €10,065 to €5,892
of which Furniture and vehicles: -€3,840
- Receivables within one year -€3,428
down €3,428 (-49.7%), from €6,891 to €3,463
of which Trade receivables: -€3,077
- Trade debts +€5,327
up €5,327 (+54.0%), from €9,858 to €15,185
- Tax, wage and social debts +€5,123
new in 2025: €5,123
- Other debts +€4,249
up €4,249 (+42.0%), from €10,109 to €14,358
- Accrued charges and deferred income -€4,190
no longer reported in 2025 (was €4,190)
- Debts after one year -€2,376
down €2,376 (-58.8%), from €4,038 to €1,662
- Depreciation +€1,898
up €1,898 (+83.4%), from €2,275 to €4,173
- Gross operating margin -€1,859
down €1,859 (-24.1%), from €7,698 to €5,839
- Taxes -€1,555
down €1,555 (-61.2%), from €2,540 to €984
- Other operating charges +€492
up €492 (+55.7%), from €884 to €1,376
- Financial charges -€349
down €349 (-24.5%), from €1,422 to €1,073
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 | €34,900 | €41,218 | +€6,318 | +18.1% |
| Fixed assets | 21/28 | €10,065 | €5,892 | -€4,173 | -41.5% |
| Tangible fixed assets | 22/27 | €10,065 | €5,892 | -€4,173 | -41.5% |
| Plant, machinery and equipment | 23 | €749 | €415 | -€333 | -44.5% |
| Furniture and vehicles | 24 | €9,317 | €5,477 | -€3,840 | -41.2% |
| Current assets | 29/58 | €24,835 | €35,326 | +€10,491 | +42.2% |
| Stocks and contracts in progress | 3 | €9,031 | - | -€9,031 | |
| Stocks | 30/36 | €9,031 | - | -€9,031 | |
| Amounts receivable within one year | 40/41 | €6,891 | €3,463 | -€3,428 | -49.7% |
| Trade receivables | 40 | €6,531 | €3,454 | -€3,077 | -47.1% |
| Other amounts receivable | 41 | €360 | €10 | -€351 | -97.3% |
| Cash at bank and in hand | 54/58 | €7,227 | €23,965 | +€16,738 | +231.6% |
| Deferred charges and accrued income | 490/1 | €1,686 | €7,897 | +€6,211 | +368.4% |
| Total equity and liabilities | 10/49 | €34,900 | €41,218 | +€6,318 | +18.1% |
| Equity | 10/15 | €4,282 | €2,515 | -€1,767 | -41.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,118 | -€9,885 | -€1,767 | -21.8% |
| Amounts payable | 17/49 | €30,618 | €38,704 | +€8,085 | +26.4% |
| Amounts payable after more than one year | 17 | €4,038 | €1,662 | -€2,376 | -58.8% |
| Financial debts | 170/4 | €4,038 | €1,662 | -€2,376 | -58.8% |
| Amounts payable within one year | 42/48 | €22,391 | €37,042 | +€14,651 | +65.4% |
| Current portion of amounts payable after more than one year | 42 | €2,424 | €2,376 | -€48 | -2.0% |
| Trade debts | 44 | €9,858 | €15,185 | +€5,327 | +54.0% |
| Suppliers | 440/4 | €9,858 | €15,185 | +€5,327 | +54.0% |
| Taxes, remuneration and social security | 45 | - | €5,123 | +€5,123 | |
| Taxes | 450/3 | - | €5,123 | +€5,123 | |
| Other amounts payable | 47/48 | €10,109 | €14,358 | +€4,249 | +42.0% |
| Accrued charges and deferred income | 492/3 | €4,190 | - | -€4,190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,275 | €4,173 | +€1,898 | +83.4% |
| Other operating charges | 640/8 | €884 | €1,376 | +€492 | +55.7% |
| Gross operating margin | 9900 | €7,698 | €5,839 | -€1,859 | -24.1% |
| Operating profit (loss) | 9901 | €4,539 | €290 | -€4,249 | -93.6% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,422 | €1,073 | -€349 | -24.5% |
| Recurring financial charges | 65 | €1,422 | €1,073 | -€349 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €3,118 | -€783 | -€3,901 | |
| Income taxes | 67/77 | €2,540 | €984 | -€1,555 | -61.2% |
| Profit (loss) for the period | 9904 | €578 | -€1,767 | -€2,346 | |
| Profit (loss) for the period to be appropriated | 9905 | €578 | -€1,767 | -€2,346 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.