Adantconstruction: 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.
Adantconstruction
Largest movements
- Tangible fixed assets -€61,065
down €61,065 (-47.7%), from €128,101 to €67,036
of which Land and buildings: -€63,166
- Receivables within one year -€44,590
down €44,590 (-11.2%), from €399,696 to €355,106
of which Trade receivables: -€44,188
- Cash -€10,659
down €10,659 (-84.1%), from €12,675 to €2,016
mainly Net result for the year (-€89,827) and Trade debts (-€40,056)
- Reserves -€89,136
down €89,136 (-97.8%), from €91,158 to €2,022
of which Tax-exempt reserves: -€89,136
- Trade debts -€40,056
down €40,056 (-18.7%), from €213,738 to €173,682
- Advances received +€30,000
new in 2024: €30,000
- Provisions -€29,712
no longer reported in 2024 (was €29,712)
- Short-term financial debts +€18,101
new in 2024: €18,101
- Gross operating margin -€271,611
down €271,611 (-66.0%), from €411,835 to €140,225
- Staff costs -€57,598
down €57,598 (-24.1%), from €239,357 to €181,759
- Write-downs +€44,811
new in 2024: €44,811
- Other operating charges -€10,552
down €10,552 (-70.1%), from €15,054 to €4,502
- Financial charges -€4,520
down €4,520 (-44.3%), from €10,206 to €5,685
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 | €546,230 | €436,032 | -€110,198 | -20.2% |
| Fixed assets | 21/28 | €128,101 | €67,036 | -€61,065 | -47.7% |
| Tangible fixed assets | 22/27 | €128,101 | €67,036 | -€61,065 | -47.7% |
| Land and buildings | 22 | €63,166 | - | -€63,166 | |
| Plant, machinery and equipment | 23 | €2,390 | €1,617 | -€773 | -32.3% |
| Furniture and vehicles | 24 | €58,697 | €64,649 | +€5,953 | +10.1% |
| Leasing and similar rights | 25 | €3,847 | €770 | -€3,078 | -80.0% |
| Current assets | 29/58 | €418,129 | €368,996 | -€49,133 | -11.8% |
| Stocks and contracts in progress | 3 | - | €4,295 | +€4,295 | |
| Stocks | 30/36 | - | €4,295 | +€4,295 | |
| Amounts receivable within one year | 40/41 | €399,696 | €355,106 | -€44,590 | -11.2% |
| Trade receivables | 40 | €395,241 | €351,053 | -€44,188 | -11.2% |
| Other amounts receivable | 41 | €4,456 | €4,053 | -€403 | -9.0% |
| Cash at bank and in hand | 54/58 | €12,675 | €2,016 | -€10,659 | -84.1% |
| Deferred charges and accrued income | 490/1 | €5,757 | €7,579 | +€1,821 | +31.6% |
| Total equity and liabilities | 10/49 | €546,230 | €436,032 | -€110,198 | -20.2% |
| Equity | 10/15 | €204,089 | €114,262 | -€89,827 | -44.0% |
| Contributions | 10/11 | €20,220 | €20,220 | = | 0.0% |
| Reserves | 13 | €91,158 | €2,022 | -€89,136 | -97.8% |
| Non-distributable reserves | 130/1 | €2,022 | €2,022 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,022 | €2,022 | = | 0.0% |
| Tax-exempt reserves | 132 | €89,136 | - | -€89,136 | |
| Profit (loss) carried forward | 14 | €92,711 | €92,020 | -€691 | -0.7% |
| Provisions and deferred taxes | 16 | €29,712 | - | -€29,712 | |
| Deferred taxes | 168 | €29,712 | - | -€29,712 | |
| Amounts payable | 17/49 | €312,429 | €321,770 | +€9,340 | +3.0% |
| Amounts payable after more than one year | 17 | €18,937 | €13,071 | -€5,866 | -31.0% |
| Financial debts | 170/4 | €18,937 | €13,071 | -€5,866 | -31.0% |
| Amounts payable within one year | 42/48 | €293,492 | €308,699 | +€15,207 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €17,306 | €25,297 | +€7,991 | +46.2% |
| Financial debts | 43 | - | €18,101 | +€18,101 | |
| Credit institutions | 430/8 | - | €18,101 | +€18,101 | |
| Trade debts | 44 | €213,738 | €173,682 | -€40,056 | -18.7% |
| Suppliers | 440/4 | €213,738 | €173,682 | -€40,056 | -18.7% |
| Advances received on contracts in progress | 46 | - | €30,000 | +€30,000 | |
| Taxes, remuneration and social security | 45 | €62,447 | €61,618 | -€829 | -1.3% |
| Taxes | 450/3 | €29,241 | €34,134 | +€4,893 | +16.7% |
| Remuneration and social security | 454/9 | €33,206 | €27,484 | -€5,722 | -17.2% |
| Remuneration, social security and pensions | 62 | €239,357 | €181,759 | -€57,598 | -24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,088 | €12,454 | -€1,635 | -11.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €44,811 | +€44,811 | |
| Other operating charges | 640/8 | €15,054 | €4,502 | -€10,552 | -70.1% |
| Non-recurring operating charges | 66A | - | €7,359 | +€7,359 | |
| Gross operating margin | 9900 | €411,835 | €140,225 | -€271,611 | -66.0% |
| Operating profit (loss) | 9901 | €143,336 | -€110,660 | -€253,996 | |
| Financial income | 75/76B | - | €500 | +€500 | |
| Recurring financial income | 75 | - | €500 | +€500 | |
| Financial charges | 65/66B | €10,206 | €5,685 | -€4,520 | -44.3% |
| Recurring financial charges | 65 | €10,206 | €5,685 | -€4,520 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €133,130 | -€115,846 | -€248,976 | |
| Transfer from deferred taxes | 780 | - | €29,712 | +€29,712 | |
| Transfer to deferred taxes | 680 | €29,712 | - | -€29,712 | |
| Income taxes | 67/77 | €5,535 | €3,693 | -€1,842 | -33.3% |
| Profit (loss) for the period | 9904 | €97,883 | -€89,827 | -€187,710 | |
| Transfer from tax-exempt reserves | 789 | - | €89,136 | +€89,136 | |
| Transfer to tax-exempt reserves | 689 | €89,136 | - | -€89,136 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,747 | -€691 | -€9,438 |
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 6 October 2026 via checked.be.