AdFiBoCo: 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.
AdFiBoCo
Largest movements
- Tangible fixed assets +€27,662
up €27,662 (+288.2%), from €9,597 to €37,259
of which Furniture and vehicles: +€20,812
- Current investments -€9,025
down €9,025 (-37.6%), from €24,025 to €15,000
- Receivables within one year +€6,418
up €6,418 (+14.3%), from €44,757 to €51,175
of which Trade receivables: +€4,966
- Cash +€3,737
up €3,737 (+47.0%), from €7,957 to €11,694
mainly Debts after one year (+€19,076) and Current investments (+€9,025)
- Debts after one year +€19,076
new in 2025: €19,076
- Profit (loss) carried forward +€8,744
up €8,744 (+13.2%), from €66,212 to €74,956
- Other debts +€6,301
new in 2025: €6,301
- Trade debts -€3,464
down €3,464 (-95.7%), from €3,619 to €155
- Tax, wage and social debts -€1,865
no longer reported in 2025 (was €1,865)
- Depreciation +€1,417
up €1,417 (+101.4%), from €1,398 to €2,815
- Gross operating margin +€1,307
up €1,307 (+10.4%), from €12,562 to €13,869
- Taxes +€639
new in 2025: €639
- Financial charges +€572
up €572 (+386.5%), from €148 to €720
- Other operating charges +€243
up €243 (+31.1%), from €781 to €1,024
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 | €86,398 | €115,190 | +€28,792 | +33.3% |
| Fixed assets | 21/28 | €9,659 | €37,321 | +€27,662 | +286.4% |
| Tangible fixed assets | 22/27 | €9,597 | €37,259 | +€27,662 | +288.2% |
| Land and buildings | 22 | €0 | €4,750 | +€4,750 | |
| Plant, machinery and equipment | 23 | €412 | €2,512 | +€2,100 | +509.7% |
| Furniture and vehicles | 24 | €3,685 | €24,497 | +€20,812 | +564.8% |
| Assets under construction and advance payments | 27 | €5,500 | €5,500 | = | 0.0% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €76,739 | €77,869 | +€1,130 | +1.5% |
| Amounts receivable within one year | 40/41 | €44,757 | €51,175 | +€6,418 | +14.3% |
| Trade receivables | 40 | €42,094 | €47,060 | +€4,966 | +11.8% |
| Other amounts receivable | 41 | €2,663 | €4,115 | +€1,452 | +54.5% |
| Current investments | 50/53 | €24,025 | €15,000 | -€9,025 | -37.6% |
| Cash at bank and in hand | 54/58 | €7,957 | €11,694 | +€3,737 | +47.0% |
| Total equity and liabilities | 10/49 | €86,398 | €115,190 | +€28,792 | +33.3% |
| Equity | 10/15 | €80,914 | €89,658 | +€8,744 | +10.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,302 | €2,302 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,302 | €2,302 | = | 0.0% |
| Legal reserve | 130 | €2,302 | €2,302 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,212 | €74,956 | +€8,744 | +13.2% |
| Amounts payable | 17/49 | €5,484 | €25,532 | +€20,048 | +365.6% |
| Amounts payable after more than one year | 17 | - | €19,076 | +€19,076 | |
| Financial debts | 170/4 | - | €19,076 | +€19,076 | |
| Amounts payable within one year | 42/48 | €5,484 | €6,456 | +€972 | +17.7% |
| Trade debts | 44 | €3,619 | €155 | -€3,464 | -95.7% |
| Suppliers | 440/4 | €3,619 | €155 | -€3,464 | -95.7% |
| Taxes, remuneration and social security | 45 | €1,865 | - | -€1,865 | |
| Taxes | 450/3 | €1,865 | - | -€1,865 | |
| Other amounts payable | 47/48 | - | €6,301 | +€6,301 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,398 | €2,815 | +€1,417 | +101.4% |
| Other operating charges | 640/8 | €781 | €1,024 | +€243 | +31.1% |
| Gross operating margin | 9900 | €12,562 | €13,869 | +€1,307 | +10.4% |
| Operating profit (loss) | 9901 | €10,383 | €10,030 | -€353 | -3.4% |
| Financial income | 75/76B | - | €73 | +€73 | |
| Recurring financial income | 75 | - | €73 | +€73 | |
| Financial charges | 65/66B | €148 | €720 | +€572 | +386.5% |
| Recurring financial charges | 65 | €148 | €720 | +€572 | +386.5% |
| Profit (loss) for the period before taxes | 9903 | €10,235 | €9,383 | -€852 | -8.3% |
| Income taxes | 67/77 | - | €639 | +€639 | |
| Profit (loss) for the period | 9904 | €10,235 | €8,744 | -€1,491 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,235 | €8,744 | -€1,491 | -14.6% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.