ADB DECO: 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 DECO
Largest movements
- Receivables within one year -€32,296
down €32,296 (-74.6%), from €43,301 to €11,006
of which Trade receivables: -€31,511
- Intangible fixed assets -€9,375
down €9,375 (-14.3%), from €65,606 to €56,231
- Tangible fixed assets +€4,929
up €4,929 (+63.9%), from €7,719 to €12,648
of which Furniture and vehicles: +€7,122
- Other debts -€16,436
down €16,436 (-20.0%), from €82,086 to €65,650
- Profit (loss) carried forward -€8,984
down €8,984 (-54.0%), from €16,648 to €7,664
- Trade debts -€5,937
down €5,937 (-83.6%), from €7,106 to €1,168
- Tax, wage and social debts -€4,416
down €4,416 (-93.7%), from €4,716 to €299
- Turnover -€52,963
down €52,963 (-76.8%), from €68,986 to €16,023
- Purchases and services +€19,617
up €19,617 (+40.5%), from €48,376 to €67,993
- Gross operating margin -€11,925
down €11,925 (-57.9%), from €20,610 to €8,684
- Other operating charges +€2,160
up €2,160 (+277.7%), from €778 to €2,938
- Taxes -€1,916
down €1,916 (-86.5%), from €2,216 to €299
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,625 | €80,121 | -€36,504 | -31.3% |
| Fixed assets | 21/28 | €73,324 | €68,879 | -€4,446 | -6.1% |
| Intangible fixed assets | 21 | €65,606 | €56,231 | -€9,375 | -14.3% |
| Tangible fixed assets | 22/27 | €7,719 | €12,648 | +€4,929 | +63.9% |
| Plant, machinery and equipment | 23 | €4,111 | €2,385 | -€1,726 | -42.0% |
| Furniture and vehicles | 24 | €1,512 | €8,634 | +€7,122 | +471.1% |
| Other tangible fixed assets | 26 | €2,095 | €1,629 | -€466 | -22.2% |
| Current assets | 29/58 | €43,301 | €11,242 | -€32,059 | -74.0% |
| Amounts receivable within one year | 40/41 | €43,301 | €11,006 | -€32,296 | -74.6% |
| Trade receivables | 40 | €41,523 | €10,013 | -€31,511 | -75.9% |
| Other amounts receivable | 41 | €1,778 | €993 | -€785 | -44.2% |
| Deferred charges and accrued income | 490/1 | - | €237 | +€237 | |
| Total equity and liabilities | 10/49 | €116,625 | €80,121 | -€36,504 | -31.3% |
| Equity | 10/15 | €20,982 | €11,998 | -€8,984 | -42.8% |
| Contributions | 10/11 | €650 | €650 | = | 0.0% |
| Capital | 10 | €650 | €650 | = | 0.0% |
| Issued capital | 100 | €650 | €650 | = | 0.0% |
| Reserves | 13 | €3,684 | €3,684 | = | 0.0% |
| Non-distributable reserves | 130/1 | €84 | €84 | = | 0.0% |
| Legal reserve | 130 | €84 | €84 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,600 | €3,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,648 | €7,664 | -€8,984 | -54.0% |
| Amounts payable | 17/49 | €95,643 | €68,123 | -€27,520 | -28.8% |
| Amounts payable within one year | 42/48 | €95,643 | €68,123 | -€27,520 | -28.8% |
| Financial debts | 43 | €1,736 | €1,005 | -€731 | -42.1% |
| Other loans | 439 | €1,736 | €1,005 | -€731 | -42.1% |
| Trade debts | 44 | €7,106 | €1,168 | -€5,937 | -83.6% |
| Suppliers | 440/4 | €7,106 | €1,168 | -€5,937 | -83.6% |
| Taxes, remuneration and social security | 45 | €4,716 | €299 | -€4,416 | -93.7% |
| Taxes | 450/3 | €4,716 | €299 | -€4,416 | -93.7% |
| Other amounts payable | 47/48 | €82,086 | €65,650 | -€16,436 | -20.0% |
| Turnover | 70 | €68,986 | €16,023 | -€52,963 | -76.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €48,376 | €67,993 | +€19,617 | +40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,614 | €12,193 | +€579 | +5.0% |
| Other operating charges | 640/8 | €778 | €2,938 | +€2,160 | +277.7% |
| Gross operating margin | 9900 | €20,610 | €8,684 | -€11,925 | -57.9% |
| Operating profit (loss) | 9901 | €8,218 | -€6,447 | -€14,664 | |
| Financial charges | 65/66B | €759 | €2,238 | +€1,479 | +194.8% |
| Recurring financial charges | 65 | €759 | €2,238 | +€1,479 | +194.8% |
| Profit (loss) for the period before taxes | 9903 | €7,458 | -€8,685 | -€16,143 | |
| Income taxes | 67/77 | €2,216 | €299 | -€1,916 | -86.5% |
| Profit (loss) for the period | 9904 | €5,243 | -€8,984 | -€14,227 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,243 | -€8,984 | -€14,227 |
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 4 October 2026 via checked.be.