Ads & Cie: 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.
Ads & Cie
Largest movements
- Receivables within one year -€92,128
down €92,128 (-49.8%), from €184,913 to €92,785
of which Trade receivables: -€121,285
- Cash +€70,123
up €70,123 (+107%), from €65,732 to €135,855
mainly Net result for the year (+€150,184) and Receivables within one year (+€92,128)
- Tangible fixed assets -€25,475
down €25,475 (-99.8%), from €25,531 to €57
- Profit (loss) carried forward -€38,251
down €38,251 (-20.3%), from €188,435 to €150,184
- Tax, wage and social debts -€27,275
down €27,275 (-55.6%), from €49,041 to €21,766
of which Taxes: -€23,299
- Accrued charges and deferred income +€20,852
up €20,852 (+390%), from €5,348 to €26,200
- Purchases and services +€55,915
up €55,915 (+18.0%), from €311,102 to €367,016
- Gross operating margin -€48,311
down €48,311 (-17.4%), from €276,972 to €228,661
- Taxes -€22,347
down €22,347 (-33.8%), from €66,179 to €43,832
- Other operating charges +€13,450
up €13,450 (+1,248%), from €1,078 to €14,528
- Depreciation -€10,726
down €10,726 (-93.3%), from €11,497 to €771
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 | €277,820 | €230,659 | -€47,161 | -17.0% |
| Fixed assets | 21/28 | €25,706 | €232 | -€25,475 | -99.1% |
| Tangible fixed assets | 22/27 | €25,531 | €57 | -€25,475 | -99.8% |
| Furniture and vehicles | 24 | €25,531 | €57 | -€25,475 | -99.8% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €252,113 | €230,427 | -€21,686 | -8.6% |
| Amounts receivable within one year | 40/41 | €184,913 | €92,785 | -€92,128 | -49.8% |
| Trade receivables | 40 | €174,708 | €53,423 | -€121,285 | -69.4% |
| Other amounts receivable | 41 | €10,205 | €39,363 | +€29,158 | +286% |
| Current investments | 50/53 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €65,732 | €135,855 | +€70,123 | +107% |
| Deferred charges and accrued income | 490/1 | €468 | €787 | +€319 | +68.0% |
| Total equity and liabilities | 10/49 | €277,820 | €230,659 | -€47,161 | -17.0% |
| Equity | 10/15 | €189,435 | €151,184 | -€38,251 | -20.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €188,435 | €150,184 | -€38,251 | -20.3% |
| Amounts payable | 17/49 | €88,385 | €79,475 | -€8,910 | -10.1% |
| Amounts payable within one year | 42/48 | €83,037 | €53,275 | -€29,762 | -35.8% |
| Trade debts | 44 | €33,996 | €31,509 | -€2,487 | -7.3% |
| Suppliers | 440/4 | €33,996 | €31,509 | -€2,487 | -7.3% |
| Taxes, remuneration and social security | 45 | €49,041 | €21,766 | -€27,275 | -55.6% |
| Taxes | 450/3 | €45,065 | €21,766 | -€23,299 | -51.7% |
| Remuneration and social security | 454/9 | €3,976 | - | -€3,976 | |
| Accrued charges and deferred income | 492/3 | €5,348 | €26,200 | +€20,852 | +390% |
| Turnover | 70 | €588,073 | €595,677 | +€7,603 | +1.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €311,102 | €367,016 | +€55,915 | +18.0% |
| Remuneration, social security and pensions | 62 | €9,839 | €12,633 | +€2,794 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,497 | €771 | -€10,726 | -93.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,000 | +€5,000 | |
| Other operating charges | 640/8 | €1,078 | €14,528 | +€13,450 | +1,248% |
| Gross operating margin | 9900 | €276,972 | €228,661 | -€48,311 | -17.4% |
| Operating profit (loss) | 9901 | €254,557 | €195,729 | -€58,828 | -23.1% |
| Financial income | 75/76B | €847 | €1,315 | +€468 | +55.3% |
| Recurring financial income | 75 | €847 | €1,315 | +€468 | +55.3% |
| Financial charges | 65/66B | €791 | €3,028 | +€2,237 | +283% |
| Recurring financial charges | 65 | €791 | €3,028 | +€2,237 | +283% |
| Profit (loss) for the period before taxes | 9903 | €254,614 | €194,016 | -€60,598 | -23.8% |
| Income taxes | 67/77 | €66,179 | €43,832 | -€22,347 | -33.8% |
| Profit (loss) for the period | 9904 | €188,435 | €150,184 | -€38,251 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €188,435 | €150,184 | -€38,251 | -20.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.