ADBcomp: 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.
ADBcomp
Largest movements
- Cash +€67,265
up €67,265 (+261%), from €25,748 to €93,013
mainly Receivables within one year (+€53,889) and Net result for the year (+€31,707)
- Receivables within one year -€53,889
down €53,889 (-52.2%), from €103,230 to €49,340
of which Trade receivables: -€54,434
- Stocks and contracts +€11,963
up €11,963 (+31.0%), from €38,550 to €50,514
- Tangible fixed assets -€6,111
down €6,111 (-24.0%), from €25,482 to €19,371
of which Furniture and vehicles: -€6,738
- Profit (loss) carried forward +€31,707
up €31,707 (+23.8%), from €133,443 to €165,150
- Debts after one year -€6,239
down €6,239 (-62.3%), from €10,007 to €3,768
- Tax, wage and social debts -€5,395
down €5,395 (-29.4%), from €18,368 to €12,973
of which Taxes: -€5,589
- Gross operating margin +€13,178
up €13,178 (+16.0%), from €82,471 to €95,649
- Staff costs +€2,772
up €2,772 (+6.7%), from €41,147 to €43,919
- Taxes +€2,571
up €2,571 (+28.9%), from €8,884 to €11,455
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 | €195,450 | €214,931 | +€19,481 | +10.0% |
| Fixed assets | 21/28 | €25,482 | €19,371 | -€6,111 | -24.0% |
| Tangible fixed assets | 22/27 | €25,482 | €19,371 | -€6,111 | -24.0% |
| Plant, machinery and equipment | 23 | €2,044 | €2,671 | +€627 | +30.7% |
| Furniture and vehicles | 24 | €23,438 | €16,700 | -€6,738 | -28.7% |
| Current assets | 29/58 | €169,968 | €195,560 | +€25,592 | +15.1% |
| Stocks and contracts in progress | 3 | €38,550 | €50,514 | +€11,963 | +31.0% |
| Stocks | 30/36 | €38,550 | €50,514 | +€11,963 | +31.0% |
| Amounts receivable within one year | 40/41 | €103,230 | €49,340 | -€53,889 | -52.2% |
| Trade receivables | 40 | €101,496 | €47,062 | -€54,434 | -53.6% |
| Other amounts receivable | 41 | €1,733 | €2,278 | +€545 | +31.4% |
| Cash at bank and in hand | 54/58 | €25,748 | €93,013 | +€67,265 | +261% |
| Deferred charges and accrued income | 490/1 | €2,441 | €2,693 | +€253 | +10.4% |
| Total equity and liabilities | 10/49 | €195,450 | €214,931 | +€19,481 | +10.0% |
| Equity | 10/15 | €147,698 | €179,405 | +€31,707 | +21.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,443 | €165,150 | +€31,707 | +23.8% |
| Amounts payable | 17/49 | €47,752 | €35,526 | -€12,226 | -25.6% |
| Amounts payable after more than one year | 17 | €10,007 | €3,768 | -€6,239 | -62.3% |
| Financial debts | 170/4 | €10,007 | €3,768 | -€6,239 | -62.3% |
| Amounts payable within one year | 42/48 | €37,745 | €31,758 | -€5,987 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €5,971 | €6,239 | +€268 | +4.5% |
| Trade debts | 44 | €12,092 | €10,967 | -€1,125 | -9.3% |
| Suppliers | 440/4 | €12,092 | €10,967 | -€1,125 | -9.3% |
| Taxes, remuneration and social security | 45 | €18,368 | €12,973 | -€5,395 | -29.4% |
| Taxes | 450/3 | €12,952 | €7,363 | -€5,589 | -43.2% |
| Remuneration and social security | 454/9 | €5,416 | €5,610 | +€194 | +3.6% |
| Other amounts payable | 47/48 | €1,314 | €1,579 | +€265 | +20.1% |
| Remuneration, social security and pensions | 62 | €41,147 | €43,919 | +€2,772 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,130 | €7,641 | +€511 | +7.2% |
| Other operating charges | 640/8 | €892 | €917 | +€26 | +2.9% |
| Gross operating margin | 9900 | €82,471 | €95,649 | +€13,178 | +16.0% |
| Operating profit (loss) | 9901 | €33,303 | €43,172 | +€9,869 | +29.6% |
| Financial income | 75/76B | €1,074 | €991 | -€83 | -7.7% |
| Recurring financial income | 75 | €1,074 | €991 | -€83 | -7.7% |
| Financial charges | 65/66B | €1,294 | €1,001 | -€293 | -22.6% |
| Recurring financial charges | 65 | €1,294 | €1,001 | -€293 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €33,083 | €43,162 | +€10,079 | +30.5% |
| Income taxes | 67/77 | €8,884 | €11,455 | +€2,571 | +28.9% |
| Profit (loss) for the period | 9904 | €24,199 | €31,707 | +€7,508 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,199 | €31,707 | +€7,508 | +31.0% |
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 22 October 2026 via checked.be.