Ada`D Publishers: 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.
Ada`D Publishers
Largest movements
- Cash +€41,290
up €41,290 (+212%), from €19,445 to €60,735
mainly Net result for the year (+€39,542) and Other debts (+€28,000)
- Deferred charges and accrued income +€11,490
new in 2025: €11,490
- Tangible fixed assets -€1,452
down €1,452 (-46.7%), from €3,107 to €1,655
- Other debts +€28,000
up €28,000 (+2,775%), from €1,009 to €29,009
- Tax, wage and social debts +€17,000
up €17,000 (+7,177%), from €237 to €17,237
- Profit (loss) carried forward +€4,542
up €4,542 (+24.2%), from €18,756 to €23,298
- Trade debts +€1,255
up €1,255 (+88.1%), from €1,425 to €2,679
- Gross operating margin +€50,237
up €50,237 (+1,107%), from €4,537 to €54,774
- Taxes +€10,000
up €10,000 (+4,222%), from €237 to €10,237
- Other operating charges +€1,183
new in 2025: €1,183
- Depreciation +€578
up €578 (+66.2%), from €874 to €1,452
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 | €24,427 | €75,224 | +€50,797 | +208% |
| Fixed assets | 21/28 | €3,107 | €1,655 | -€1,452 | -46.7% |
| Tangible fixed assets | 22/27 | €3,107 | €1,655 | -€1,452 | -46.7% |
| Furniture and vehicles | 24 | €3,107 | €1,655 | -€1,452 | -46.7% |
| Current assets | 29/58 | €21,320 | €73,568 | +€52,249 | +245% |
| Amounts receivable within one year | 40/41 | €1,875 | €1,344 | -€531 | -28.3% |
| Trade receivables | 40 | €1,660 | - | -€1,660 | |
| Other amounts receivable | 41 | €215 | €1,344 | +€1,129 | +526% |
| Cash at bank and in hand | 54/58 | €19,445 | €60,735 | +€41,290 | +212% |
| Deferred charges and accrued income | 490/1 | - | €11,490 | +€11,490 | |
| Total equity and liabilities | 10/49 | €24,427 | €75,224 | +€50,797 | +208% |
| Equity | 10/15 | €21,756 | €26,298 | +€4,542 | +20.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,756 | €23,298 | +€4,542 | +24.2% |
| Amounts payable | 17/49 | €2,670 | €48,925 | +€46,255 | +1,732% |
| Amounts payable within one year | 42/48 | €2,670 | €48,925 | +€46,255 | +1,732% |
| Trade debts | 44 | €1,425 | €2,679 | +€1,255 | +88.1% |
| Suppliers | 440/4 | €1,425 | €2,679 | +€1,255 | +88.1% |
| Taxes, remuneration and social security | 45 | €237 | €17,237 | +€17,000 | +7,177% |
| Taxes | 450/3 | €237 | €17,237 | +€17,000 | +7,177% |
| Other amounts payable | 47/48 | €1,009 | €29,009 | +€28,000 | +2,775% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €874 | €1,452 | +€578 | +66.2% |
| Other operating charges | 640/8 | - | €1,183 | +€1,183 | |
| Gross operating margin | 9900 | €4,537 | €54,774 | +€50,237 | +1,107% |
| Operating profit (loss) | 9901 | €3,663 | €52,139 | +€48,475 | +1,323% |
| Financial charges | 65/66B | €2,479 | €2,360 | -€119 | -4.8% |
| Recurring financial charges | 65 | €2,479 | €2,360 | -€119 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €1,184 | €49,779 | +€48,594 | +4,103% |
| Income taxes | 67/77 | €237 | €10,237 | +€10,000 | +4,222% |
| Profit (loss) for the period | 9904 | €947 | €39,542 | +€38,594 | +4,073% |
| Profit (loss) for the period to be appropriated | 9905 | €947 | €39,542 | +€38,594 | +4,073% |
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 30 October 2026 via checked.be.