A D M Security: 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.
A D M Security
Largest movements
- Tangible fixed assets -€10,533
down €10,533 (-25.4%), from €41,502 to €30,969
of which Furniture and vehicles: -€9,503
- Cash +€10,337
up €10,337 (+56.7%), from €18,226 to €28,562
mainly Depreciation (+€11,372) and Net result for the year (+€11,203)
- Receivables within one year +€1,383
up €1,383 (+6.7%), from €20,555 to €21,937
of which Trade receivables: +€843
- Profit (loss) carried forward +€11,203
up €11,203 (+86.8%), from -€12,913 to -€1,711
- Debts after one year -€9,073
down €9,073 (-29.2%), from €31,068 to €21,994
- Trade debts -€1,990
down €1,990 (-78.0%), from €2,552 to €562
- Gross operating margin +€25,415
up €25,415 (+42844.1%), from €59 to €25,474
- Financial charges +€1,060
up €1,060 (+54.3%), from €1,952 to €3,012
- Depreciation +€898
up €898 (+8.6%), from €10,474 to €11,372
- Financial income +€671
new in 2024: €671
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,933 | €85,596 | +€663 | +0.8% |
| Fixed assets | 21/28 | €41,892 | €31,359 | -€10,533 | -25.1% |
| Tangible fixed assets | 22/27 | €41,502 | €30,969 | -€10,533 | -25.4% |
| Furniture and vehicles | 24 | €40,472 | €30,969 | -€9,503 | -23.5% |
| Other tangible fixed assets | 26 | €1,030 | - | -€1,030 | |
| Financial fixed assets | 28 | €390 | €390 | = | 0.0% |
| Current assets | 29/58 | €43,041 | €54,237 | +€11,196 | +26.0% |
| Stocks and contracts in progress | 3 | €3,426 | €3,126 | -€300 | -8.8% |
| Stocks | 30/36 | €3,426 | €3,126 | -€300 | -8.8% |
| Amounts receivable within one year | 40/41 | €20,555 | €21,937 | +€1,383 | +6.7% |
| Trade receivables | 40 | €5,939 | €6,781 | +€843 | +14.2% |
| Other amounts receivable | 41 | €14,616 | €15,156 | +€540 | +3.7% |
| Cash at bank and in hand | 54/58 | €18,226 | €28,562 | +€10,337 | +56.7% |
| Deferred charges and accrued income | 490/1 | €835 | €612 | -€223 | -26.7% |
| Total equity and liabilities | 10/49 | €84,933 | €85,596 | +€663 | +0.8% |
| Equity | 10/15 | €41,786 | €52,989 | +€11,203 | +26.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €34,699 | €34,699 | = | 0.0% |
| Distributable reserves | 133 | €34,699 | €34,699 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,913 | -€1,711 | +€11,203 | +86.8% |
| Amounts payable | 17/49 | €43,148 | €32,608 | -€10,540 | -24.4% |
| Amounts payable after more than one year | 17 | €31,068 | €21,994 | -€9,073 | -29.2% |
| Financial debts | 170/4 | €31,068 | €21,994 | -€9,073 | -29.2% |
| Amounts payable within one year | 42/48 | €12,080 | €10,613 | -€1,467 | -12.1% |
| Financial debts | 43 | €9,528 | €9,933 | +€405 | +4.2% |
| Credit institutions | 430/8 | €9,528 | €9,933 | +€405 | +4.2% |
| Trade debts | 44 | €2,552 | €562 | -€1,990 | -78.0% |
| Suppliers | 440/4 | €2,552 | €562 | -€1,990 | -78.0% |
| Other amounts payable | 47/48 | - | €119 | +€119 | |
| Non-recurring operating income | 76A | - | €734 | +€734 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,474 | €11,372 | +€898 | +8.6% |
| Other operating charges | 640/8 | €546 | €558 | +€12 | +2.2% |
| Gross operating margin | 9900 | €59 | €25,474 | +€25,415 | +42844.1% |
| Operating profit (loss) | 9901 | -€10,962 | €13,544 | +€24,505 | |
| Financial income | 75/76B | - | €671 | +€671 | |
| Recurring financial income | 75 | - | €671 | +€671 | |
| Financial charges | 65/66B | €1,952 | €3,012 | +€1,060 | +54.3% |
| Recurring financial charges | 65 | €1,952 | €3,012 | +€1,060 | +54.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,913 | €11,203 | +€24,116 | |
| Profit (loss) for the period | 9904 | -€12,913 | €11,203 | +€24,116 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,913 | €11,203 | +€24,116 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.