ADAM CONSULTING: 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.
ADAM CONSULTING
Largest movements
- Cash +€61,244
up €61,244 (+68.1%), from €89,985 to €151,228
mainly Net result for the year (+€115,653) and Other debts (+€50,714)
- Tangible fixed assets +€49,653
up €49,653 (+28.8%), from €172,167 to €221,820
of which Land and buildings: +€44,508
- Financial fixed assets -€22,734
down €22,734 (-38.7%), from €58,803 to €36,069
- Receivables within one year -€14,544
down €14,544 (-37.9%), from €38,388 to €23,844
of which Trade receivables: -€14,672
- Current investments +€6,199
up €6,199 (+4.1%), from €150,000 to €156,199
- Reserves +€70,007
up €70,007 (+19.8%), from €354,398 to €424,405
of which Distributable reserves: +€70,007
- Other debts +€50,714
new in 2025: €50,714
- Tax, wage and social debts -€30,950
down €30,950 (-61.1%), from €50,627 to €19,677
of which Taxes: -€16,711
- Debts after one year -€10,144
down €10,144 (-23.1%), from €43,957 to €33,813
- Financial income +€64,703
up €64,703 (+3,216%), from €2,012 to €66,714
- Staff costs -€20,726
down €20,726 (-48.1%), from €43,096 to €22,370
- Financial charges +€12,858
up €12,858 (+1,121%), from €1,147 to €14,005
- Other operating charges +€7,676
up €7,676 (+852%), from €900 to €8,576
- Taxes +€3,574
up €3,574 (+9.8%), from €36,435 to €40,009
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 | €511,104 | €590,658 | +€79,554 | +15.6% |
| Fixed assets | 21/28 | €230,970 | €257,889 | +€26,919 | +11.7% |
| Tangible fixed assets | 22/27 | €172,167 | €221,820 | +€49,653 | +28.8% |
| Land and buildings | 22 | €153,383 | €197,890 | +€44,508 | +29.0% |
| Furniture and vehicles | 24 | €18,784 | €23,930 | +€5,146 | +27.4% |
| Financial fixed assets | 28 | €58,803 | €36,069 | -€22,734 | -38.7% |
| Current assets | 29/58 | €280,134 | €332,769 | +€52,635 | +18.8% |
| Amounts receivable within one year | 40/41 | €38,388 | €23,844 | -€14,544 | -37.9% |
| Trade receivables | 40 | €37,754 | €23,082 | -€14,672 | -38.9% |
| Other amounts receivable | 41 | €634 | €762 | +€128 | +20.2% |
| Current investments | 50/53 | €150,000 | €156,199 | +€6,199 | +4.1% |
| Cash at bank and in hand | 54/58 | €89,985 | €151,228 | +€61,244 | +68.1% |
| Deferred charges and accrued income | 490/1 | €1,762 | €1,498 | -€264 | -15.0% |
| Total equity and liabilities | 10/49 | €511,104 | €590,658 | +€79,554 | +15.6% |
| Equity | 10/15 | €390,919 | €460,925 | +€70,007 | +17.9% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €354,398 | €424,405 | +€70,007 | +19.8% |
| Non-distributable reserves | 130/1 | €1,983 | €1,983 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,983 | €1,983 | = | 0.0% |
| Distributable reserves | 133 | €352,415 | €422,422 | +€70,007 | +19.9% |
| Profit (loss) carried forward | 14 | €16,689 | €16,689 | = | 0.0% |
| Amounts payable | 17/49 | €120,185 | €129,733 | +€9,548 | +7.9% |
| Amounts payable after more than one year | 17 | €43,957 | €33,813 | -€10,144 | -23.1% |
| Financial debts | 170/4 | €43,957 | €33,813 | -€10,144 | -23.1% |
| Amounts payable within one year | 42/48 | €76,228 | €95,920 | +€19,691 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | €10,024 | €10,144 | +€120 | +1.2% |
| Trade debts | 44 | €15,577 | €15,385 | -€192 | -1.2% |
| Suppliers | 440/4 | €15,577 | €15,385 | -€192 | -1.2% |
| Taxes, remuneration and social security | 45 | €50,627 | €19,677 | -€30,950 | -61.1% |
| Taxes | 450/3 | €36,388 | €19,677 | -€16,711 | -45.9% |
| Remuneration and social security | 454/9 | €14,239 | - | -€14,239 | |
| Other amounts payable | 47/48 | - | €50,714 | +€50,714 | |
| Remuneration, social security and pensions | 62 | €43,096 | €22,370 | -€20,726 | -48.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,679 | €9,501 | +€1,822 | +23.7% |
| Other operating charges | 640/8 | €900 | €8,576 | +€7,676 | +852% |
| Gross operating margin | 9900 | €146,778 | €143,399 | -€3,379 | -2.3% |
| Operating profit (loss) | 9901 | €95,102 | €102,952 | +€7,850 | +8.3% |
| Financial income | 75/76B | €2,012 | €66,714 | +€64,703 | +3,216% |
| Recurring financial income | 75 | €2,012 | €66,714 | +€64,703 | +3,216% |
| Financial charges | 65/66B | €1,147 | €14,005 | +€12,858 | +1,121% |
| Recurring financial charges | 65 | €1,147 | €14,005 | +€12,858 | +1,121% |
| Profit (loss) for the period before taxes | 9903 | €95,967 | €155,661 | +€59,694 | +62.2% |
| Income taxes | 67/77 | €36,435 | €40,009 | +€3,574 | +9.8% |
| Profit (loss) for the period | 9904 | €59,532 | €115,653 | +€56,120 | +94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,532 | €115,653 | +€56,120 | +94.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.