ADA-Company: 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.
ADA-Company
Largest movements
- Deferred charges and accrued income +€159,602
new in 2025: €159,602
- Receivables within one year -€117,123
down €117,123 (-50.8%), from €230,720 to €113,597
of which Trade receivables: -€112,035
- Tangible fixed assets -€37,337
down €37,337 (-30.6%), from €122,143 to €84,806
- Cash -€12,615
down €12,615 (-41.4%), from €30,505 to €17,890
mainly Deferred charges and accrued income (-€159,602) and Debts after one year (-€18,472)
- Current portion of long-term debt +€21,717
up €21,717 (+48.7%), from €44,567 to €66,284
- Debts after one year -€18,472
down €18,472 (-18.0%), from €102,805 to €84,334
- Tax, wage and social debts -€17,304
down €17,304 (-29.6%), from €58,531 to €41,227
of which Remuneration and social security: -€16,410
- Trade debts +€16,656
up €16,656 (+36.2%), from €45,993 to €62,649
- Advances received -€10,951
down €10,951 (-19.5%), from €56,192 to €45,241
- Gross operating margin -€24,479
down €24,479 (-9.8%), from €248,944 to €224,465
- Depreciation +€6,646
up €6,646 (+21.7%), from €30,691 to €37,337
- Staff costs -€3,125
down €3,125 (-1.8%), from €170,254 to €167,129
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 | €397,418 | €389,945 | -€7,473 | -1.9% |
| Fixed assets | 21/28 | €136,193 | €98,856 | -€37,337 | -27.4% |
| Tangible fixed assets | 22/27 | €122,143 | €84,806 | -€37,337 | -30.6% |
| Furniture and vehicles | 24 | €122,143 | €84,806 | -€37,337 | -30.6% |
| Financial fixed assets | 28 | €14,050 | €14,050 | = | 0.0% |
| Current assets | 29/58 | €261,226 | €291,090 | +€29,864 | +11.4% |
| Amounts receivable within one year | 40/41 | €230,720 | €113,597 | -€117,123 | -50.8% |
| Trade receivables | 40 | €225,633 | €113,597 | -€112,035 | -49.7% |
| Other amounts receivable | 41 | €5,088 | - | -€5,088 | |
| Cash at bank and in hand | 54/58 | €30,505 | €17,890 | -€12,615 | -41.4% |
| Deferred charges and accrued income | 490/1 | - | €159,602 | +€159,602 | |
| Total equity and liabilities | 10/49 | €397,418 | €389,945 | -€7,473 | -1.9% |
| Equity | 10/15 | €87,732 | €89,611 | +€1,879 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,471 | €2,471 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €611 | €611 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,660 | €68,539 | +€1,879 | +2.8% |
| Amounts payable | 17/49 | €309,687 | €300,335 | -€9,352 | -3.0% |
| Amounts payable after more than one year | 17 | €102,805 | €84,334 | -€18,472 | -18.0% |
| Financial debts | 170/4 | €102,805 | €84,334 | -€18,472 | -18.0% |
| Amounts payable within one year | 42/48 | €206,881 | €216,001 | +€9,120 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €44,567 | €66,284 | +€21,717 | +48.7% |
| Trade debts | 44 | €45,993 | €62,649 | +€16,656 | +36.2% |
| Suppliers | 440/4 | €45,993 | €62,649 | +€16,656 | +36.2% |
| Advances received on contracts in progress | 46 | €56,192 | €45,241 | -€10,951 | -19.5% |
| Taxes, remuneration and social security | 45 | €58,531 | €41,227 | -€17,304 | -29.6% |
| Taxes | 450/3 | €29,484 | €28,589 | -€895 | -3.0% |
| Remuneration and social security | 454/9 | €29,047 | €12,638 | -€16,410 | -56.5% |
| Other amounts payable | 47/48 | €1,598 | €601 | -€997 | -62.4% |
| Remuneration, social security and pensions | 62 | €170,254 | €167,129 | -€3,125 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,691 | €37,337 | +€6,646 | +21.7% |
| Other operating charges | 640/8 | €1,344 | €2,908 | +€1,563 | +116% |
| Non-recurring operating charges | 66A | €21,086 | - | -€21,086 | |
| Gross operating margin | 9900 | €248,944 | €224,465 | -€24,479 | -9.8% |
| Operating profit (loss) | 9901 | €25,568 | €17,091 | -€8,477 | -33.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -81.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -81.0% |
| Financial charges | 65/66B | €11,506 | €12,113 | +€607 | +5.3% |
| Recurring financial charges | 65 | €11,506 | €12,113 | +€607 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €14,063 | €4,978 | -€9,085 | -64.6% |
| Income taxes | 67/77 | €4,189 | €2,240 | -€1,949 | -46.5% |
| Profit (loss) for the period | 9904 | €9,874 | €2,738 | -€7,136 | -72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,874 | €2,738 | -€7,136 | -72.3% |
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 26 October 2026 via checked.be.