ADE CONSULTANTS: 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.
ADE CONSULTANTS
Largest movements
- Cash -€90,768
down €90,768 (-41.3%), from €219,681 to €128,913
mainly Receivables within one year (-€74,320) and Debts after one year (-€53,151)
- Receivables within one year +€74,320
up €74,320 (+171%), from €43,567 to €117,887
of which Trade receivables: +€78,484
- Current investments -€34,664
down €34,664 (-82.3%), from €42,142 to €7,479
- Tangible fixed assets -€32,240
down €32,240 (-18.2%), from €177,100 to €144,861
of which Furniture and vehicles: -€19,209
- Intangible fixed assets +€12,259
up €12,259 (+54.1%), from €22,643 to €34,902
- Debts after one year -€53,151
down €53,151 (-43.6%), from €121,830 to €68,678
- Trade debts -€45,338
down €45,338 (-69.7%), from €65,077 to €19,739
- Other debts +€35,184
up €35,184 (+1,174%), from €2,996 to €38,180
- Tax, wage and social debts -€14,615
down €14,615 (-21.2%), from €68,979 to €54,364
of which Taxes: -€7,818
- Gross operating margin -€94,967
down €94,967 (-16.7%), from €568,803 to €473,835
- Financial income -€37,866
down €37,866 (-100.0%), from €37,882 to €16
- Staff costs -€37,647
down €37,647 (-9.1%), from €415,001 to €377,354
- Depreciation +€14,704
up €14,704 (+52.2%), from €28,167 to €42,871
- Taxes -€6,279
down €6,279 (-69.5%), from €9,040 to €2,761
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 | €528,222 | €455,309 | -€72,913 | -13.8% |
| Fixed assets | 21/28 | €200,313 | €180,333 | -€19,980 | -10.0% |
| Intangible fixed assets | 21 | €22,643 | €34,902 | +€12,259 | +54.1% |
| Tangible fixed assets | 22/27 | €177,100 | €144,861 | -€32,240 | -18.2% |
| Land and buildings | 22 | €80,454 | €72,147 | -€8,307 | -10.3% |
| Plant, machinery and equipment | 23 | €1,065 | €675 | -€390 | -36.6% |
| Furniture and vehicles | 24 | €91,247 | €72,038 | -€19,209 | -21.1% |
| Leasing and similar rights | 25 | €4,334 | €0 | -€4,334 | -100% |
| Financial fixed assets | 28 | €570 | €570 | = | 0.0% |
| Current assets | 29/58 | €327,909 | €274,976 | -€52,933 | -16.1% |
| Amounts receivable within one year | 40/41 | €43,567 | €117,887 | +€74,320 | +171% |
| Trade receivables | 40 | €38,751 | €117,235 | +€78,484 | +203% |
| Other amounts receivable | 41 | €4,815 | €652 | -€4,164 | -86.5% |
| Current investments | 50/53 | €42,142 | €7,479 | -€34,664 | -82.3% |
| Cash at bank and in hand | 54/58 | €219,681 | €128,913 | -€90,768 | -41.3% |
| Deferred charges and accrued income | 490/1 | €22,519 | €20,698 | -€1,821 | -8.1% |
| Total equity and liabilities | 10/49 | €528,222 | €455,309 | -€72,913 | -13.8% |
| Equity | 10/15 | €202,328 | €203,709 | +€1,381 | +0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €183,736 | €185,117 | +€1,381 | +0.8% |
| Distributable reserves | 133 | €183,736 | €185,117 | +€1,381 | +0.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €325,894 | €251,600 | -€74,294 | -22.8% |
| Amounts payable after more than one year | 17 | €121,830 | €68,678 | -€53,151 | -43.6% |
| Financial debts | 170/4 | €121,830 | €68,678 | -€53,151 | -43.6% |
| Amounts payable within one year | 42/48 | €198,314 | €175,854 | -€22,461 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €54,087 | €53,151 | -€936 | -1.7% |
| Financial debts | 43 | €7,175 | €10,420 | +€3,244 | +45.2% |
| Credit institutions | 430/8 | €7,175 | €10,420 | +€3,244 | +45.2% |
| Trade debts | 44 | €65,077 | €19,739 | -€45,338 | -69.7% |
| Suppliers | 440/4 | €65,077 | €19,739 | -€45,338 | -69.7% |
| Taxes, remuneration and social security | 45 | €68,979 | €54,364 | -€14,615 | -21.2% |
| Taxes | 450/3 | €26,569 | €18,751 | -€7,818 | -29.4% |
| Remuneration and social security | 454/9 | €42,410 | €35,613 | -€6,797 | -16.0% |
| Other amounts payable | 47/48 | €2,996 | €38,180 | +€35,184 | +1,174% |
| Accrued charges and deferred income | 492/3 | €5,750 | €7,068 | +€1,318 | +22.9% |
| Non-recurring operating income | 76A | €166,116 | - | -€166,116 | |
| Remuneration, social security and pensions | 62 | €415,001 | €377,354 | -€37,647 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,167 | €42,871 | +€14,704 | +52.2% |
| Other operating charges | 640/8 | €6,004 | €2,623 | -€3,381 | -56.3% |
| Non-recurring operating charges | 66A | €63,744 | €228 | -€63,516 | -99.6% |
| Gross operating margin | 9900 | €568,803 | €473,835 | -€94,967 | -16.7% |
| Operating profit (loss) | 9901 | €55,887 | €50,759 | -€5,127 | -9.2% |
| Financial income | 75/76B | €37,882 | €16 | -€37,866 | -100.0% |
| Recurring financial income | 75 | €37,882 | €16 | -€37,866 | -100.0% |
| Financial charges | 65/66B | €6,851 | €9,566 | +€2,715 | +39.6% |
| Recurring financial charges | 65 | €6,851 | €9,566 | +€2,715 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | €86,918 | €41,210 | -€45,708 | -52.6% |
| Income taxes | 67/77 | €9,040 | €2,761 | -€6,279 | -69.5% |
| Profit (loss) for the period | 9904 | €77,878 | €38,449 | -€39,430 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,878 | €38,449 | -€39,430 | -50.6% |
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 28 October 2026 via checked.be.