ADMOVEA: 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.
What changed
ADMOVEA
NACE 73.110, Advertising agencies
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4,116
2024 · €16,485-€12,369
Equity
€92,236
2024 · €88,120+€4,116
Cash
€4,870
2024 · €7,090-€2,220
Balance sheet total
€705,299
2024 · €765,314-€60,015
Largest movements
Assets
- Tangible fixed assets -€59,934
down €59,934 (-9.0%), from €666,342 to €606,408
of which Land and buildings: -€50,079
Equity and liabilities
- Debts after one year -€41,983
down €41,983 (-8.4%), from €502,394 to €460,411
- Other debts -€20,358
down €20,358 (-19.3%), from €105,694 to €85,336
Income statement
- Gross operating margin -€20,338
down €20,338 (-17.7%), from €115,192 to €94,855
- Taxes -€8,418
down €8,418 (-93.1%), from €9,042 to €624
- Financial charges -€1,966
down €1,966 (-9.8%), from €20,116 to €18,149
- Depreciation +€1,932
up €1,932 (+3.0%), from €65,255 to €67,187
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.
Result 2024
€16,485
Gross operating margin
-€20,338
Depreciation
-€1,932
Other operating charges
-€483
Financial income
-€0
Financial charges
+€1,966
Taxes
+€8,418
Result 2025
€4,116
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.
From operations
+€47,659
Investment
-€7,044
Financing
-€42,834
Cash 2024
€7,090
From operations (derived)
+€47,659
Net result for the year
+€4,116
Depreciation
+€67,187
Receivables within one year
-€1,843
Deferred charges and accrued income
-€506
Trade debts
-€692
Tax, wage and social debts
+€3,960
Other debts
-€20,358
Accrued charges and deferred income
-€4,206
Investment (derived)
-€7,044
Investment in fixed assets (net)
-€7,044
Financing
-€42,834
Debts after one year
-€41,983
Current portion of long-term debt
+€292
Short-term financial debts
-€1,143
Cash 2025
€4,870
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €765,314 | €705,299 | -€60,015 | -7.8% |
| Formation expenses | 20 | €314 | €105 | -€209 | -66.7% |
| Fixed assets | 21/28 | €745,885 | €685,951 | -€59,934 | -8.0% |
| Tangible fixed assets | 22/27 | €666,342 | €606,408 | -€59,934 | -9.0% |
| Land and buildings | 22 | €636,652 | €586,572 | -€50,079 | -7.9% |
| Plant, machinery and equipment | 23 | €2,916 | €2,567 | -€350 | -12.0% |
| Furniture and vehicles | 24 | €26,774 | €17,270 | -€9,504 | -35.5% |
| Financial fixed assets | 28 | €79,542 | €79,542 | = | 0.0% |
| Current assets | 29/58 | €19,116 | €19,244 | +€128 | +0.7% |
| Amounts receivable within one year | 40/41 | €10,942 | €12,784 | +€1,843 | +16.8% |
| Trade receivables | 40 | €10,225 | €10,554 | +€328 | +3.2% |
| Other amounts receivable | 41 | €717 | €2,231 | +€1,514 | +211.3% |
| Cash at bank and in hand | 54/58 | €7,090 | €4,870 | -€2,220 | -31.3% |
| Deferred charges and accrued income | 490/1 | €1,084 | €1,589 | +€506 | +46.6% |
| Total equity and liabilities | 10/49 | €765,314 | €705,299 | -€60,015 | -7.8% |
| Equity | 10/15 | €88,120 | €92,236 | +€4,116 | +4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,343 | €61,459 | +€4,116 | +7.2% |
| Distributable reserves | 133 | €57,343 | €61,459 | +€4,116 | +7.2% |
| Profit (loss) carried forward | 14 | €12,177 | €12,177 | = | 0.0% |
| Amounts payable | 17/49 | €677,194 | €613,063 | -€64,131 | -9.5% |
| Amounts payable after more than one year | 17 | €502,394 | €460,411 | -€41,983 | -8.4% |
| Financial debts | 170/4 | €502,394 | €460,411 | -€41,983 | -8.4% |
| Amounts payable within one year | 42/48 | €167,863 | €149,921 | -€17,942 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €42,918 | €43,209 | +€292 | +0.7% |
| Financial debts | 43 | €1,143 | - | -€1,143 | |
| Credit institutions | 430/8 | €1,143 | - | -€1,143 | |
| Trade debts | 44 | €10,097 | €9,404 | -€692 | -6.9% |
| Suppliers | 440/4 | €10,097 | €9,404 | -€692 | -6.9% |
| Taxes, remuneration and social security | 45 | €8,011 | €11,971 | +€3,960 | +49.4% |
| Taxes | 450/3 | €8,011 | €11,971 | +€3,960 | +49.4% |
| Other amounts payable | 47/48 | €105,694 | €85,336 | -€20,358 | -19.3% |
| Accrued charges and deferred income | 492/3 | €6,937 | €2,731 | -€4,206 | -60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,255 | €67,187 | +€1,932 | +3.0% |
| Other operating charges | 640/8 | €4,295 | €4,778 | +€483 | +11.3% |
| Gross operating margin | 9900 | €115,192 | €94,855 | -€20,338 | -17.7% |
| Operating profit (loss) | 9901 | €45,643 | €22,889 | -€22,753 | -49.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €20,116 | €18,149 | -€1,966 | -9.8% |
| Recurring financial charges | 65 | €20,116 | €18,149 | -€1,966 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €25,527 | €4,740 | -€20,787 | -81.4% |
| Income taxes | 67/77 | €9,042 | €624 | -€8,418 | -93.1% |
| Profit (loss) for the period | 9904 | €16,485 | €4,116 | -€12,369 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,485 | €4,116 | -€12,369 | -75.0% |
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 9 October 2026 via checked.be.