ADA & FACADE: what changed
ADA & FACADE
Largest movements
- Receivables within one year +€59,467
up €59,467 (+55.7%), from €106,816 to €166,283
of which Trade receivables: +€34,640
- Cash -€12,774
down €12,774 (-69.0%), from €18,502 to €5,728
mainly Receivables within one year (-€59,467)
- Trade debts +€39,382
up €39,382 (+3,460%), from €1,138 to €40,521
- Profit (loss) carried forward +€3,181
up €3,181 (+3.3%), from €95,632 to €98,813
- Tax, wage and social debts +€2,574
up €2,574 (+8.9%), from €28,886 to €31,460
of which Remuneration and social security: +€2,574
- Gross operating margin -€30,901
down €30,901 (-43.3%), from €71,293 to €40,392
- Staff costs -€15,618
down €15,618 (-30.7%), from €50,935 to €35,316
- Depreciation -€15,442
down €15,442 (-90.8%), from €16,999 to €1,557
- Financial charges -€4,152
no longer reported in 2024 (was €4,152)
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,657 | €173,794 | +€45,137 | +35.1% |
| Fixed assets | 21/28 | €3,339 | €1,782 | -€1,557 | -46.6% |
| Tangible fixed assets | 22/27 | €3,339 | €1,782 | -€1,557 | -46.6% |
| Plant, machinery and equipment | 23 | €3,339 | €1,782 | -€1,557 | -46.6% |
| Current assets | 29/58 | €125,318 | €172,012 | +€46,694 | +37.3% |
| Amounts receivable within one year | 40/41 | €106,816 | €166,283 | +€59,467 | +55.7% |
| Trade receivables | 40 | - | €34,640 | +€34,640 | |
| Other amounts receivable | 41 | €106,816 | €131,643 | +€24,827 | +23.2% |
| Cash at bank and in hand | 54/58 | €18,502 | €5,728 | -€12,774 | -69.0% |
| Total equity and liabilities | 10/49 | €128,657 | €173,794 | +€45,137 | +35.1% |
| Equity | 10/15 | €98,632 | €101,813 | +€3,181 | +3.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,632 | €98,813 | +€3,181 | +3.3% |
| Amounts payable | 17/49 | €30,024 | €71,981 | +€41,956 | +140% |
| Amounts payable within one year | 42/48 | €30,024 | €71,981 | +€41,956 | +140% |
| Trade debts | 44 | €1,138 | €40,521 | +€39,382 | +3,460% |
| Suppliers | 440/4 | €1,138 | €40,521 | +€39,382 | +3,460% |
| Taxes, remuneration and social security | 45 | €28,886 | €31,460 | +€2,574 | +8.9% |
| Taxes | 450/3 | €28,886 | €28,886 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €2,574 | +€2,574 | |
| Remuneration, social security and pensions | 62 | €50,935 | €35,316 | -€15,618 | -30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,999 | €1,557 | -€15,442 | -90.8% |
| Gross operating margin | 9900 | €71,293 | €40,392 | -€30,901 | -43.3% |
| Operating profit (loss) | 9901 | €3,360 | €3,520 | +€160 | +4.8% |
| Financial charges | 65/66B | €4,152 | - | -€4,152 | |
| Recurring financial charges | 65 | €4,152 | - | -€4,152 | |
| Profit (loss) for the period before taxes | 9903 | -€792 | €3,520 | +€4,312 | |
| Income taxes | 67/77 | €433 | €339 | -€95 | -21.9% |
| Profit (loss) for the period | 9904 | -€1,226 | €3,181 | +€4,407 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,226 | €3,181 | +€4,407 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.