AHDS Management: 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.
AHDS Management
Largest movements
- Cash -€1.3m
down €1.3m (-99.8%), from €1.3m to €3,218
mainly Receivables within one year (-€1.1m) and Other debts (-€805,292)
- Receivables within one year +€1.1m
up €1.1m (+18,752%), from €5,959 to €1.1m
- Financial fixed assets -€836,001
down €836,001 (-100.0%), from €836,004 to €3
- Receivables after one year +€803,001
new in 2023: €803,001
- Other debts -€805,292
down €805,292 (-96.1%), from €838,301 to €33,009
- Debts after one year +€535,334
new in 2023: €535,334
- Current portion of long-term debt +€267,667
new in 2023: €267,667
- Profit (loss) carried forward -€145,729
down €145,729 (-16.0%), from €911,010 to €765,281
- Tax, wage and social debts -€60,358
down €60,358 (-19.2%), from €314,241 to €253,883
of which Remuneration and social security: -€33,867
- Turnover -€1.8m
no longer reported in 2023 (was €1.8m)
- Services and other goods -€629,261
down €629,261 (-92.4%), from €680,783 to €51,522
- Taxes -€226,610
down €226,610 (-94.9%), from €238,818 to €12,208
of which Taxes: -€209,803
- Staff costs -€178,128
down €178,128 (-99.8%), from €178,507 to €379
- Financial charges +€50,782
up €50,782 (+216%), from €23,534 to €74,316
of which Non-recurring financial charges: +€73,000
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,185,657 | €1,929,526 | -€256,130 | -11.7% |
| Fixed assets | 21/28 | €836,931 | €3 | -€836,928 | -100.0% |
| Tangible fixed assets | 22/27 | €927 | €0 | -€927 | -100% |
| Plant, machinery and equipment | 23 | €927 | €0 | -€927 | -100% |
| Financial fixed assets | 28 | €836,004 | €3 | -€836,001 | -100.0% |
| Affiliated companies | 280/1 | €836,004 | €3 | -€836,001 | -100.0% |
| Participating interests | 280 | €836,004 | €3 | -€836,001 | -100.0% |
| Current assets | 29/58 | €1,348,726 | €1,929,523 | +€580,798 | +43.1% |
| Amounts receivable after more than one year | 29 | - | €803,001 | +€803,001 | |
| Other amounts receivable | 291 | - | €803,001 | +€803,001 | |
| Amounts receivable within one year | 40/41 | €5,959 | €1,123,304 | +€1.1m | +18,752% |
| Other amounts receivable | 41 | €5,959 | €1,123,304 | +€1.1m | +18,752% |
| Cash at bank and in hand | 54/58 | €1,342,767 | €3,218 | -€1.3m | -99.8% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €2,185,657 | €1,929,526 | -€256,130 | -11.7% |
| Equity | 10/15 | €978,660 | €832,931 | -€145,729 | -14.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €911,010 | €765,281 | -€145,729 | -16.0% |
| Amounts payable | 17/49 | €1,206,997 | €1,096,596 | -€110,401 | -9.1% |
| Amounts payable after more than one year | 17 | - | €535,334 | +€535,334 | |
| Other amounts payable | 178/9 | - | €535,334 | +€535,334 | |
| Amounts payable within one year | 42/48 | €1,206,997 | €561,262 | -€645,735 | -53.5% |
| Current portion of amounts payable after more than one year | 42 | - | €267,667 | +€267,667 | |
| Trade debts | 44 | €54,455 | €6,703 | -€47,752 | -87.7% |
| Suppliers | 440/4 | €54,455 | €6,703 | -€47,752 | -87.7% |
| Taxes, remuneration and social security | 45 | €314,241 | €253,883 | -€60,358 | -19.2% |
| Taxes | 450/3 | €280,373 | €253,883 | -€26,491 | -9.4% |
| Remuneration and social security | 454/9 | €33,867 | €0 | -€33,867 | -100% |
| Other amounts payable | 47/48 | €838,301 | €33,009 | -€805,292 | -96.1% |
| Operating income | 70/76A | €1,757,242 | €1,503 | -€1.8m | -99.9% |
| Turnover | 70 | €1,757,224 | - | -€1.8m | |
| Other operating income | 74 | €18 | €1,503 | +€1,485 | +8,252% |
| Operating charges | 60/66A | €862,889 | €60,998 | -€801,892 | -92.9% |
| Services and other goods | 61 | €680,783 | €51,522 | -€629,261 | -92.4% |
| Remuneration, social security and pensions | 62 | €178,507 | €379 | -€178,128 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,675 | €927 | -€749 | -44.7% |
| Other operating charges | 640/8 | €1,923 | €8,170 | +€6,247 | +325% |
| Operating profit (loss) | 9901 | €894,353 | -€59,494 | -€953,847 | |
| Financial income | 75/76B | - | €289 | +€289 | |
| Recurring financial income | 75 | - | €289 | +€289 | |
| Other financial income | 752/9 | - | €289 | +€289 | |
| Financial charges | 65/66B | €23,534 | €74,316 | +€50,782 | +216% |
| Recurring financial charges | 65 | €23,534 | €1,316 | -€22,218 | -94.4% |
| Debt charges | 650 | €23,534 | €1,316 | -€22,218 | -94.4% |
| Other financial charges | 652/9 | - | €0 | = | |
| Non-recurring financial charges | 66B | - | €73,000 | +€73,000 | |
| Profit (loss) for the period before taxes | 9903 | €870,819 | -€133,521 | -€1.0m | |
| Income taxes | 67/77 | €238,818 | €12,208 | -€226,610 | -94.9% |
| Taxes | 670/3 | €238,818 | €29,015 | -€209,803 | -87.9% |
| Tax adjustments and reversals of tax provisions | 77 | - | €16,807 | +€16,807 | |
| Profit (loss) for the period | 9904 | €632,001 | -€145,729 | -€777,730 | |
| Profit (loss) for the period to be appropriated | 9905 | €632,001 | -€145,729 | -€777,730 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.