ADAM SERVICES: what changed
Two fiscal 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 SERVICES
Largest movements
- Cash +€52,638
up €52,638 (+310.8%), from €16,937 to €69,575
mainly Net result for the year (+€41,011) and Tax, wage and social debts (+€13,773)
- Receivables within one year +€15,844
up €15,844 (+8.5%), from €185,575 to €201,419
of which Other amounts receivable: +€47,906
- Profit (loss) carried forward +€41,011
up €41,011 (+30.6%), from €133,972 to €174,983
- Tax, wage and social debts +€13,773
up €13,773 (+29.4%), from €46,888 to €60,662
of which Taxes: +€17,556
- Trade debts +€11,215
up €11,215 (+51.1%), from €21,934 to €33,149
- Purchases and services +€198,524
up €198,524 (+77.3%), from €256,725 to €455,249
- Staff costs -€75,499
no longer reported in 2024 (was €75,499)
- Gross operating margin -€72,784
down €72,784 (-53.3%), from €136,561 to €63,777
- Other operating charges +€12,142
up €12,142 (+321.4%), from €3,778 to €15,921
- Financial income +€2,178
up €2,178 (+41.0%), from €5,317 to €7,495
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 | €204,995 | €270,994 | +€65,999 | +32.2% |
| Fixed assets | 21/28 | €1,800 | - | -€1,800 | |
| Tangible fixed assets | 22/27 | €1,800 | - | -€1,800 | |
| Furniture and vehicles | 24 | €1,800 | - | -€1,800 | |
| Current assets | 29/58 | €203,195 | €270,994 | +€67,799 | +33.4% |
| Amounts receivable within one year | 40/41 | €185,575 | €201,419 | +€15,844 | +8.5% |
| Trade receivables | 40 | €83,626 | €51,564 | -€32,062 | -38.3% |
| Other amounts receivable | 41 | €101,949 | €149,856 | +€47,906 | +47.0% |
| Cash at bank and in hand | 54/58 | €16,937 | €69,575 | +€52,638 | +310.8% |
| Deferred charges and accrued income | 490/1 | €683 | - | -€683 | |
| Total equity and liabilities | 10/49 | €204,995 | €270,994 | +€65,999 | +32.2% |
| Equity | 10/15 | €136,172 | €177,183 | +€41,011 | +30.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,972 | €174,983 | +€41,011 | +30.6% |
| Amounts payable | 17/49 | €68,823 | €93,811 | +€24,988 | +36.3% |
| Amounts payable within one year | 42/48 | €68,823 | €93,811 | +€24,988 | +36.3% |
| Trade debts | 44 | €21,934 | €33,149 | +€11,215 | +51.1% |
| Suppliers | 440/4 | €21,934 | €33,149 | +€11,215 | +51.1% |
| Taxes, remuneration and social security | 45 | €46,888 | €60,662 | +€13,773 | +29.4% |
| Taxes | 450/3 | €37,179 | €54,735 | +€17,556 | +47.2% |
| Remuneration and social security | 454/9 | €9,709 | €5,927 | -€3,782 | -39.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €256,725 | €455,249 | +€198,524 | +77.3% |
| Remuneration, social security and pensions | 62 | €75,499 | - | -€75,499 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €900 | €296 | -€604 | -67.1% |
| Other operating charges | 640/8 | €3,778 | €15,921 | +€12,142 | +321.4% |
| Non-recurring operating charges | 66A | - | €925 | +€925 | |
| Gross operating margin | 9900 | €136,561 | €63,777 | -€72,784 | -53.3% |
| Operating profit (loss) | 9901 | €56,383 | €46,634 | -€9,749 | -17.3% |
| Financial income | 75/76B | €5,317 | €7,495 | +€2,178 | +41.0% |
| Recurring financial income | 75 | €5,317 | €7,495 | +€2,178 | +41.0% |
| Financial charges | 65/66B | €74 | €62 | -€12 | -16.7% |
| Recurring financial charges | 65 | €74 | €62 | -€12 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €61,626 | €54,068 | -€7,558 | -12.3% |
| Income taxes | 67/77 | €14,790 | €13,057 | -€1,733 | -11.7% |
| Profit (loss) for the period | 9904 | €46,836 | €41,011 | -€5,825 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,836 | €41,011 | -€5,825 | -12.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.