AdH Law: 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.
AdH Law
Largest movements
- Cash +€36,979
up €36,979 (+57.1%), from €64,734 to €101,713
mainly Net result for the year (+€39,216) and Trade debts (+€8,371)
- Receivables within one year +€15,033
up €15,033 (+95.8%), from €15,696 to €30,729
of which Other amounts receivable: +€8,382
- Profit (loss) carried forward +€39,216
up €39,216 (+59.9%), from €65,437 to €104,652
- Trade debts +€8,371
up €8,371 (+1204.0%), from €695 to €9,066
- Tax, wage and social debts +€3,924
up €3,924 (+20.1%), from €19,509 to €23,433
of which Taxes: +€3,764
- Gross operating margin -€32,396
down €32,396 (-38.5%), from €84,218 to €51,822
- Taxes -€6,951
down €6,951 (-38.4%), from €18,111 to €11,160
- Depreciation +€1,415
up €1,415 (+962.3%), from €147 to €1,562
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 | €87,089 | €138,902 | +€51,812 | +59.5% |
| Fixed assets | 21/28 | €5,128 | €6,101 | +€973 | +19.0% |
| Tangible fixed assets | 22/27 | €5,128 | €4,851 | -€277 | -5.4% |
| Furniture and vehicles | 24 | €2,681 | €2,921 | +€240 | +9.0% |
| Other tangible fixed assets | 26 | €2,447 | €1,929 | -€517 | -21.1% |
| Financial fixed assets | 28 | - | €1,250 | +€1,250 | |
| Current assets | 29/58 | €81,961 | €132,801 | +€50,839 | +62.0% |
| Amounts receivable after more than one year | 29 | €1,250 | €0 | -€1,250 | -100.0% |
| Other amounts receivable | 291 | €1,250 | €0 | -€1,250 | -100.0% |
| Amounts receivable within one year | 40/41 | €15,696 | €30,729 | +€15,033 | +95.8% |
| Trade receivables | 40 | €9,979 | €16,630 | +€6,651 | +66.7% |
| Other amounts receivable | 41 | €5,717 | €14,099 | +€8,382 | +146.6% |
| Cash at bank and in hand | 54/58 | €64,734 | €101,713 | +€36,979 | +57.1% |
| Deferred charges and accrued income | 490/1 | €281 | €358 | +€77 | +27.4% |
| Total equity and liabilities | 10/49 | €87,089 | €138,902 | +€51,812 | +59.5% |
| Equity | 10/15 | €66,437 | €105,652 | +€39,216 | +59.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,437 | €104,652 | +€39,216 | +59.9% |
| Amounts payable | 17/49 | €20,652 | €33,249 | +€12,597 | +61.0% |
| Amounts payable within one year | 42/48 | €20,652 | €32,499 | +€11,847 | +57.4% |
| Trade debts | 44 | €695 | €9,066 | +€8,371 | +1204.0% |
| Suppliers | 440/4 | €695 | €9,066 | +€8,371 | +1204.0% |
| Advances received on contracts in progress | 46 | €24 | €0 | -€24 | -100.0% |
| Taxes, remuneration and social security | 45 | €19,509 | €23,433 | +€3,924 | +20.1% |
| Taxes | 450/3 | €16,423 | €20,187 | +€3,764 | +22.9% |
| Remuneration and social security | 454/9 | €3,086 | €3,246 | +€160 | +5.2% |
| Other amounts payable | 47/48 | €424 | €0 | -€424 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €750 | +€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147 | €1,562 | +€1,415 | +962.3% |
| Other operating charges | 640/8 | €512 | €387 | -€125 | -24.3% |
| Gross operating margin | 9900 | €84,218 | €51,822 | -€32,396 | -38.5% |
| Operating profit (loss) | 9901 | €83,559 | €49,872 | -€33,687 | -40.3% |
| Financial income | 75/76B | - | €597 | +€597 | |
| Recurring financial income | 75 | - | €597 | +€597 | |
| Financial charges | 65/66B | €11 | €93 | +€83 | +762.8% |
| Recurring financial charges | 65 | €11 | €93 | +€83 | +762.8% |
| Profit (loss) for the period before taxes | 9903 | €83,548 | €50,376 | -€33,172 | -39.7% |
| Income taxes | 67/77 | €18,111 | €11,160 | -€6,951 | -38.4% |
| Profit (loss) for the period | 9904 | €65,437 | €39,216 | -€26,221 | -40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €65,437 | €39,216 | -€26,221 | -40.1% |
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 7 October 2026 via checked.be.