ADvertising - an ADDitional value: 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.
ADvertising - an ADDitional value
Largest movements
- Cash +€6,177
up €6,177 (+19.5%), from €31,697 to €37,874
mainly Receivables within one year (+€4,440) and Trade debts (+€3,021)
- Receivables within one year -€4,440
down €4,440 (-17.6%), from €25,285 to €20,844
of which Trade receivables: -€3,976
- Trade debts +€3,021
up €3,021 (+448%), from €674 to €3,695
- Gross operating margin -€5,434
down €5,434 (-61.3%), from €8,870 to €3,436
- Taxes -€2,048
down €2,048 (-52.7%), from €3,885 to €1,837
- Financial income +€1,047
up €1,047 (+4,210%), from €25 to €1,072
- Depreciation -€460
down €460 (-15.1%), from €3,052 to €2,592
- Other operating charges +€131
up €131 (+37.4%), from €350 to €481
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 | €287,510 | €286,960 | -€549 | -0.2% |
| Fixed assets | 21/28 | €33,580 | €31,016 | -€2,564 | -7.6% |
| Tangible fixed assets | 22/27 | €33,480 | €30,916 | -€2,564 | -7.7% |
| Land and buildings | 22 | €32,175 | €30,232 | -€1,943 | -6.0% |
| Furniture and vehicles | 24 | €1,086 | €575 | -€511 | -47.1% |
| Other tangible fixed assets | 26 | €220 | €110 | -€110 | -50.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €253,930 | €255,944 | +€2,015 | +0.8% |
| Amounts receivable within one year | 40/41 | €25,285 | €20,844 | -€4,440 | -17.6% |
| Trade receivables | 40 | €14,800 | €10,823 | -€3,976 | -26.9% |
| Other amounts receivable | 41 | €10,485 | €10,021 | -€464 | -4.4% |
| Current investments | 50/53 | €192,500 | €192,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €31,697 | €37,874 | +€6,177 | +19.5% |
| Deferred charges and accrued income | 490/1 | €4,448 | €4,726 | +€278 | +6.2% |
| Total equity and liabilities | 10/49 | €287,510 | €286,960 | -€549 | -0.2% |
| Equity | 10/15 | €269,123 | €268,492 | -€631 | -0.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €200,828 | €200,828 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,095 | €4,095 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,095 | €4,095 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,543 | €19,543 | = | 0.0% |
| Distributable reserves | 133 | €177,190 | €177,190 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,745 | €49,114 | -€631 | -1.3% |
| Amounts payable | 17/49 | €18,387 | €18,468 | +€81 | +0.4% |
| Amounts payable within one year | 42/48 | €18,387 | €18,468 | +€81 | +0.4% |
| Trade debts | 44 | €674 | €3,695 | +€3,021 | +448% |
| Suppliers | 440/4 | €674 | €3,695 | +€3,021 | +448% |
| Taxes, remuneration and social security | 45 | €5,668 | €4,867 | -€800 | -14.1% |
| Taxes | 450/3 | €5,668 | €4,867 | -€800 | -14.1% |
| Other amounts payable | 47/48 | €12,045 | €9,906 | -€2,139 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,052 | €2,592 | -€460 | -15.1% |
| Other operating charges | 640/8 | €350 | €481 | +€131 | +37.4% |
| Gross operating margin | 9900 | €8,870 | €3,436 | -€5,434 | -61.3% |
| Operating profit (loss) | 9901 | €5,468 | €363 | -€5,105 | -93.4% |
| Financial income | 75/76B | €25 | €1,072 | +€1,047 | +4,210% |
| Recurring financial income | 75 | €25 | €1,072 | +€1,047 | +4,210% |
| Financial charges | 65/66B | €335 | €229 | -€106 | -31.6% |
| Recurring financial charges | 65 | €335 | €229 | -€106 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €5,157 | €1,206 | -€3,952 | -76.6% |
| Income taxes | 67/77 | €3,885 | €1,837 | -€2,048 | -52.7% |
| Profit (loss) for the period | 9904 | €1,273 | -€631 | -€1,903 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,273 | -€631 | -€1,903 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.