NOT ADL: 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.
NOT ADL
Largest movements
- Receivables within one year +€11,200
up €11,200 (+422%), from €2,655 to €13,855
- Cash +€610
up €610 (+3.5%), from €17,682 to €18,292
mainly Net result for the year (+€15,103) and Depreciation (+€394)
- Tangible fixed assets -€394
down €394 (-33.8%), from €1,167 to €773
- Reserves +€14,700
up €14,700 (+184%), from €8,000 to €22,700
- Tax, wage and social debts -€2,159
down €2,159 (-23.2%), from €9,302 to €7,144
- Trade debts -€729
down €729 (-81.7%), from €892 to €163
- Profit (loss) carried forward -€456
down €456 (-89.4%), from €510 to €54
- Gross operating margin +€6,212
up €6,212 (+48.2%), from €12,896 to €19,108
- Depreciation +€379
up €379 (+2,499%), from €15 to €394
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 | €21,504 | €32,920 | +€11,416 | +53.1% |
| Fixed assets | 21/28 | €1,167 | €773 | -€394 | -33.8% |
| Tangible fixed assets | 22/27 | €1,167 | €773 | -€394 | -33.8% |
| Furniture and vehicles | 24 | €1,167 | €773 | -€394 | -33.8% |
| Current assets | 29/58 | €20,337 | €32,147 | +€11,810 | +58.1% |
| Amounts receivable within one year | 40/41 | €2,655 | €13,855 | +€11,200 | +422% |
| Other amounts receivable | 41 | €2,655 | €13,855 | +€11,200 | +422% |
| Cash at bank and in hand | 54/58 | €17,682 | €18,292 | +€610 | +3.5% |
| Total equity and liabilities | 10/49 | €21,504 | €32,920 | +€11,416 | +53.1% |
| Equity | 10/15 | €10,510 | €24,754 | +€14,244 | +136% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €8,000 | €22,700 | +€14,700 | +184% |
| Distributable reserves | 133 | €8,000 | €22,700 | +€14,700 | +184% |
| Profit (loss) carried forward | 14 | €510 | €54 | -€456 | -89.4% |
| Amounts payable | 17/49 | €10,994 | €8,166 | -€2,828 | -25.7% |
| Amounts payable within one year | 42/48 | €10,994 | €8,166 | -€2,828 | -25.7% |
| Trade debts | 44 | €892 | €163 | -€729 | -81.7% |
| Suppliers | 440/4 | €892 | €163 | -€729 | -81.7% |
| Taxes, remuneration and social security | 45 | €9,302 | €7,144 | -€2,159 | -23.2% |
| Taxes | 450/3 | €9,302 | €7,144 | -€2,159 | -23.2% |
| Other amounts payable | 47/48 | €800 | €859 | +€59 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15 | €394 | +€379 | +2,499% |
| Gross operating margin | 9900 | €12,896 | €19,108 | +€6,212 | +48.2% |
| Operating profit (loss) | 9901 | €12,881 | €18,714 | +€5,833 | +45.3% |
| Financial income | 75/76B | - | €34 | +€34 | |
| Recurring financial income | 75 | - | €34 | +€34 | |
| Financial charges | 65/66B | €1 | €62 | +€61 | +6,148% |
| Recurring financial charges | 65 | €1 | €62 | +€61 | +6,148% |
| Profit (loss) for the period before taxes | 9903 | €12,880 | €18,685 | +€5,805 | +45.1% |
| Income taxes | 67/77 | €3,570 | €3,582 | +€12 | +0.3% |
| Profit (loss) for the period | 9904 | €9,310 | €15,103 | +€5,794 | +62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,310 | €15,103 | +€5,794 | +62.2% |
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 16 October 2026 via checked.be.