ADB CONSULTANCY: 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.
ADB CONSULTANCY
Largest movements
- Receivables within one year +€49,433
up €49,433 (+309.4%), from €15,975 to €65,408
of which Trade receivables: +€43,551
- Cash +€27,532
up €27,532 (+12.9%), from €214,163 to €241,695
mainly Other debts (+€142,500) and Net result for the year (+€83,015)
- Tangible fixed assets -€6,854
down €6,854 (-90.7%), from €7,557 to €702
- Other debts +€142,500
new in 2025: €142,500
- Reserves -€81,985
down €81,985 (-41.6%), from €197,011 to €115,026
- Tax, wage and social debts +€9,485
up €9,485 (+27.4%), from €34,599 to €44,084
- Depreciation -€8,254
down €8,254 (-54.6%), from €15,108 to €6,854
- Gross operating margin +€7,926
up €7,926 (+7.7%), from €103,181 to €111,108
- Taxes -€1,326
down €1,326 (-6.1%), from €21,634 to €20,307
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.
Cash bridge derived
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 | €237,695 | €307,806 | +€70,111 | +29.5% |
| Fixed assets | 21/28 | €7,557 | €702 | -€6,854 | -90.7% |
| Tangible fixed assets | 22/27 | €7,557 | €702 | -€6,854 | -90.7% |
| Furniture and vehicles | 24 | €7,557 | €702 | -€6,854 | -90.7% |
| Current assets | 29/58 | €230,138 | €307,103 | +€76,965 | +33.4% |
| Amounts receivable within one year | 40/41 | €15,975 | €65,408 | +€49,433 | +309.4% |
| Trade receivables | 40 | €3,699 | €47,250 | +€43,551 | +1177.4% |
| Other amounts receivable | 41 | €12,276 | €18,158 | +€5,882 | +47.9% |
| Cash at bank and in hand | 54/58 | €214,163 | €241,695 | +€27,532 | +12.9% |
| Total equity and liabilities | 10/49 | €237,695 | €307,806 | +€70,111 | +29.5% |
| Equity | 10/15 | €202,011 | €120,026 | -€81,985 | -40.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €197,011 | €115,026 | -€81,985 | -41.6% |
| Distributable reserves | 133 | €197,011 | €115,026 | -€81,985 | -41.6% |
| Amounts payable | 17/49 | €35,684 | €187,780 | +€152,096 | +426.2% |
| Amounts payable within one year | 42/48 | €35,429 | €186,882 | +€151,453 | +427.5% |
| Trade debts | 44 | €829 | €297 | -€532 | -64.1% |
| Suppliers | 440/4 | €829 | €297 | -€532 | -64.1% |
| Taxes, remuneration and social security | 45 | €34,599 | €44,084 | +€9,485 | +27.4% |
| Taxes | 450/3 | €34,599 | €44,084 | +€9,485 | +27.4% |
| Other amounts payable | 47/48 | - | €142,500 | +€142,500 | |
| Accrued charges and deferred income | 492/3 | €255 | €898 | +€643 | +251.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,108 | €6,854 | -€8,254 | -54.6% |
| Other operating charges | 640/8 | €738 | €706 | -€32 | -4.3% |
| Gross operating margin | 9900 | €103,181 | €111,108 | +€7,926 | +7.7% |
| Operating profit (loss) | 9901 | €87,336 | €103,547 | +€16,212 | +18.6% |
| Financial income | 75/76B | €565 | €52 | -€512 | -90.7% |
| Recurring financial income | 75 | €565 | €52 | -€512 | -90.7% |
| Financial charges | 65/66B | €134 | €277 | +€143 | +106.4% |
| Recurring financial charges | 65 | €134 | €277 | +€143 | +106.4% |
| Profit (loss) for the period before taxes | 9903 | €87,766 | €103,322 | +€15,556 | +17.7% |
| Income taxes | 67/77 | €21,634 | €20,307 | -€1,326 | -6.1% |
| Profit (loss) for the period | 9904 | €66,132 | €83,015 | +€16,883 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,132 | €83,015 | +€16,883 | +25.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.