ADAM MAINTENANCE: 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 MAINTENANCE
Largest movements
- Cash -€49,887
down €49,887 (-35.9%), from €139,026 to €89,138
mainly Net result for the year (-€46,944) and Receivables within one year (-€16,019)
- Receivables within one year +€16,019
up €16,019 (+47.5%), from €33,715 to €49,735
of which Other amounts receivable: +€15,974
- Tangible fixed assets -€6,739
down €6,739 (-16.7%), from €40,261 to €33,522
of which Furniture and vehicles: -€8,985
- Profit (loss) carried forward -€46,944
down €46,944 (-26.0%), from €180,885 to €133,941
- Tax, wage and social debts +€8,022
up €8,022 (+577%), from €1,391 to €9,414
- Depreciation +€3,989
up €3,989 (+77.5%), from €5,145 to €9,134
- Gross operating margin +€3,133
up €3,133 (+7.9%), from -€39,695 to -€36,562
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 | €216,112 | €175,444 | -€40,668 | -18.8% |
| Fixed assets | 21/28 | €41,362 | €34,623 | -€6,739 | -16.3% |
| Tangible fixed assets | 22/27 | €40,261 | €33,522 | -€6,739 | -16.7% |
| Plant, machinery and equipment | 23 | - | €2,246 | +€2,246 | |
| Furniture and vehicles | 24 | €40,261 | €31,276 | -€8,985 | -22.3% |
| Financial fixed assets | 28 | €1,101 | €1,101 | = | 0.0% |
| Current assets | 29/58 | €174,750 | €140,821 | -€33,929 | -19.4% |
| Amounts receivable within one year | 40/41 | €33,715 | €49,735 | +€16,019 | +47.5% |
| Trade receivables | 40 | €18,524 | €18,569 | +€45 | +0.2% |
| Other amounts receivable | 41 | €15,191 | €31,166 | +€15,974 | +105% |
| Cash at bank and in hand | 54/58 | €139,026 | €89,138 | -€49,887 | -35.9% |
| Deferred charges and accrued income | 490/1 | €2,009 | €1,948 | -€61 | -3.0% |
| Total equity and liabilities | 10/49 | €216,112 | €175,444 | -€40,668 | -18.8% |
| Equity | 10/15 | €201,345 | €154,401 | -€46,944 | -23.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,885 | €133,941 | -€46,944 | -26.0% |
| Amounts payable | 17/49 | €14,768 | €21,043 | +€6,276 | +42.5% |
| Amounts payable within one year | 42/48 | €14,768 | €21,043 | +€6,276 | +42.5% |
| Financial debts | 43 | €3,750 | €3,750 | = | 0.0% |
| Credit institutions | 430/8 | €3,750 | €3,750 | = | 0.0% |
| Trade debts | 44 | €9,626 | €7,879 | -€1,747 | -18.1% |
| Suppliers | 440/4 | €9,626 | €7,879 | -€1,747 | -18.1% |
| Taxes, remuneration and social security | 45 | €1,391 | €9,414 | +€8,022 | +577% |
| Remuneration and social security | 454/9 | €1,391 | €9,414 | +€8,022 | +577% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,145 | €9,134 | +€3,989 | +77.5% |
| Other operating charges | 640/8 | €441 | €202 | -€239 | -54.2% |
| Non-recurring operating charges | 66A | €8,000 | - | -€8,000 | |
| Gross operating margin | 9900 | -€39,695 | -€36,562 | +€3,133 | +7.9% |
| Operating profit (loss) | 9901 | -€53,280 | -€45,897 | +€7,383 | +13.9% |
| Financial charges | 65/66B | €1,122 | €1,046 | -€76 | -6.7% |
| Recurring financial charges | 65 | €1,122 | €1,046 | -€76 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | -€54,402 | -€46,944 | +€7,458 | +13.7% |
| Profit (loss) for the period | 9904 | -€54,402 | -€46,944 | +€7,458 | +13.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,402 | -€46,944 | +€7,458 | +13.7% |
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 19 October 2026 via checked.be.