ADC SALES: 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.
ADC SALES
Largest movements
- Receivables within one year -€15,477
down €15,477 (-76.8%), from €20,141 to €4,664
of which Trade receivables: -€15,472
- Tangible fixed assets -€13,718
down €13,718 (-29.3%), from €46,808 to €33,090
of which Furniture and vehicles: -€13,239
- Cash -€2,690
down €2,690 (-16.4%), from €16,397 to €13,707
mainly Trade debts (-€17,922) and Other debts (-€8,031)
- Trade debts -€17,922
down €17,922 (-97.6%), from €18,355 to €433
- Other debts -€8,031
down €8,031 (-14.0%), from €57,541 to €49,509
- Profit (loss) carried forward -€3,112
down €3,112 (-51.6%), from -€6,026 to -€9,137
- Tax, wage and social debts -€2,938
down €2,938 (-35.4%), from €8,307 to €5,368
- Gross operating margin +€2,814
up €2,814 (+28.4%), from €9,908 to €12,721
- Other operating charges -€385
down €385 (-24.6%), from €1,563 to €1,178
- Financial charges +€377
up €377 (+575%), from €66 to €443
- Taxes +€340
up €340 (+220%), from €154 to €494
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 | €83,637 | €51,770 | -€31,867 | -38.1% |
| Fixed assets | 21/28 | €46,808 | €33,090 | -€13,718 | -29.3% |
| Tangible fixed assets | 22/27 | €46,808 | €33,090 | -€13,718 | -29.3% |
| Plant, machinery and equipment | 23 | €815 | €336 | -€478 | -58.7% |
| Furniture and vehicles | 24 | €45,993 | €32,754 | -€13,239 | -28.8% |
| Current assets | 29/58 | €36,829 | €18,680 | -€18,149 | -49.3% |
| Amounts receivable within one year | 40/41 | €20,141 | €4,664 | -€15,477 | -76.8% |
| Trade receivables | 40 | €20,136 | €4,664 | -€15,472 | -76.8% |
| Other amounts receivable | 41 | €4 | - | -€4 | |
| Cash at bank and in hand | 54/58 | €16,397 | €13,707 | -€2,690 | -16.4% |
| Deferred charges and accrued income | 490/1 | €292 | €309 | +€17 | +5.9% |
| Total equity and liabilities | 10/49 | €83,637 | €51,770 | -€31,867 | -38.1% |
| Equity | 10/15 | -€1,026 | -€4,137 | -€3,112 | -303% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,026 | -€9,137 | -€3,112 | -51.6% |
| Amounts payable | 17/49 | €84,663 | €55,908 | -€28,755 | -34.0% |
| Amounts payable within one year | 42/48 | €84,203 | €55,311 | -€28,892 | -34.3% |
| Trade debts | 44 | €18,355 | €433 | -€17,922 | -97.6% |
| Suppliers | 440/4 | €18,355 | €433 | -€17,922 | -97.6% |
| Taxes, remuneration and social security | 45 | €8,307 | €5,368 | -€2,938 | -35.4% |
| Taxes | 450/3 | €8,307 | €5,368 | -€2,938 | -35.4% |
| Other amounts payable | 47/48 | €57,541 | €49,509 | -€8,031 | -14.0% |
| Accrued charges and deferred income | 492/3 | €460 | €597 | +€137 | +29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,839 | €13,718 | -€121 | -0.9% |
| Other operating charges | 640/8 | €1,563 | €1,178 | -€385 | -24.6% |
| Gross operating margin | 9900 | €9,908 | €12,721 | +€2,814 | +28.4% |
| Operating profit (loss) | 9901 | -€5,495 | -€2,175 | +€3,320 | +60.4% |
| Financial charges | 65/66B | €66 | €443 | +€377 | +575% |
| Recurring financial charges | 65 | €66 | €443 | +€377 | +575% |
| Profit (loss) for the period before taxes | 9903 | -€5,560 | -€2,618 | +€2,943 | +52.9% |
| Income taxes | 67/77 | €154 | €494 | +€340 | +220% |
| Profit (loss) for the period | 9904 | -€5,715 | -€3,112 | +€2,603 | +45.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,715 | -€3,112 | +€2,603 | +45.6% |
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 14 October 2026 via checked.be.