ADSENSO: 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.
ADSENSO
Largest movements
- Cash +€36,511
up €36,511 (+45.0%), from €81,060 to €117,571
mainly Net result for the year (+€39,670) and Depreciation (+€8,280)
- Tangible fixed assets -€5,530
down €5,530 (-24.4%), from €22,706 to €17,175
of which Furniture and vehicles: -€6,522
- Reserves +€33,783
up €33,783 (+18.6%), from €181,981 to €215,763
of which Distributable reserves: +€33,783
- Tax, wage and social debts -€9,413
down €9,413 (-71.1%), from €13,237 to €3,824
- Other debts +€4,513
up €4,513 (+132%), from €3,411 to €7,924
- Gross operating margin -€25,836
down €25,836 (-26.9%), from €96,015 to €70,179
- Taxes -€8,294
down €8,294 (-28.1%), from €29,488 to €21,194
- Depreciation +€1,300
up €1,300 (+18.6%), from €6,980 to €8,280
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 | €205,730 | €236,757 | +€31,027 | +15.1% |
| Fixed assets | 21/28 | €22,706 | €17,175 | -€5,530 | -24.4% |
| Tangible fixed assets | 22/27 | €22,706 | €17,175 | -€5,530 | -24.4% |
| Plant, machinery and equipment | 23 | €1,921 | €3,000 | +€1,079 | +56.1% |
| Furniture and vehicles | 24 | €20,697 | €14,175 | -€6,522 | -31.5% |
| Other tangible fixed assets | 26 | €87 | - | -€87 | |
| Current assets | 29/58 | €183,024 | €219,582 | +€36,558 | +20.0% |
| Amounts receivable after more than one year | 29 | €39,672 | €39,672 | = | 0.0% |
| Other amounts receivable | 291 | €39,672 | €39,672 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €50,143 | €50,060 | -€83 | -0.2% |
| Trade receivables | 40 | €50,123 | €50,040 | -€83 | -0.2% |
| Other amounts receivable | 41 | €20 | €20 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €81,060 | €117,571 | +€36,511 | +45.0% |
| Deferred charges and accrued income | 490/1 | €12,149 | €12,279 | +€129 | +1.1% |
| Total equity and liabilities | 10/49 | €205,730 | €236,757 | +€31,027 | +15.1% |
| Equity | 10/15 | €188,181 | €221,963 | +€33,783 | +18.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €181,981 | €215,763 | +€33,783 | +18.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €180,121 | €213,903 | +€33,783 | +18.8% |
| Amounts payable | 17/49 | €17,549 | €14,794 | -€2,755 | -15.7% |
| Amounts payable within one year | 42/48 | €17,549 | €12,881 | -€4,669 | -26.6% |
| Trade debts | 44 | €901 | €1,133 | +€232 | +25.7% |
| Suppliers | 440/4 | €901 | €1,133 | +€232 | +25.7% |
| Taxes, remuneration and social security | 45 | €13,237 | €3,824 | -€9,413 | -71.1% |
| Taxes | 450/3 | €13,237 | €3,824 | -€9,413 | -71.1% |
| Other amounts payable | 47/48 | €3,411 | €7,924 | +€4,513 | +132% |
| Accrued charges and deferred income | 492/3 | - | €1,913 | +€1,913 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,980 | €8,280 | +€1,300 | +18.6% |
| Other operating charges | 640/8 | €1,724 | €1,684 | -€40 | -2.3% |
| Gross operating margin | 9900 | €96,015 | €70,179 | -€25,836 | -26.9% |
| Operating profit (loss) | 9901 | €87,310 | €60,215 | -€27,096 | -31.0% |
| Financial income | 75/76B | €722 | €783 | +€61 | +8.5% |
| Recurring financial income | 75 | €722 | €783 | +€61 | +8.5% |
| Financial charges | 65/66B | €144 | €134 | -€10 | -7.1% |
| Recurring financial charges | 65 | €144 | €134 | -€10 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €87,888 | €60,864 | -€27,024 | -30.7% |
| Income taxes | 67/77 | €29,488 | €21,194 | -€8,294 | -28.1% |
| Profit (loss) for the period | 9904 | €58,401 | €39,670 | -€18,731 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,401 | €39,670 | -€18,731 | -32.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.