ADE-distri: 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-distri
Largest movements
- Stocks and contracts +€693,374
up €693,374 (+16.7%), from €4.2m to €4.8m
- Receivables within one year -€664,789
down €664,789 (-77.3%), from €859,884 to €195,095
of which Trade receivables: -€761,984
- Current portion of long-term debt -€702,063
down €702,063 (-51.8%), from €1.4m to €652,285
- Short-term financial debts +€619,058
new in 2024: €619,058
- Advances received +€382,345
up €382,345 (+153.2%), from €249,526 to €631,871
- Profit (loss) carried forward -€264,556
new in 2024: -€264,556
- Other debts +€213,288
up €213,288 (+19.0%), from €1.1m to €1.3m
- Gross operating margin -€1.7m
down €1.7m, from €1.6m to -€106,903
- Taxes -€72,795
down €72,795 (-70.7%), from €102,904 to €30,109
- Financial charges +€42,121
up €42,121 (+99.6%), from €42,285 to €84,406
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,020,167 | €5,091,862 | +€71,695 | +1.4% |
| Fixed assets | 21/28 | €7,750 | €7,750 | = | 0.0% |
| Financial fixed assets | 28 | €7,750 | €7,750 | = | 0.0% |
| Current assets | 29/58 | €5,012,417 | €5,084,112 | +€71,695 | +1.4% |
| Stocks and contracts in progress | 3 | €4,151,654 | €4,845,028 | +€693,374 | +16.7% |
| Stocks | 30/36 | €4,151,654 | €4,845,028 | +€693,374 | +16.7% |
| Amounts receivable within one year | 40/41 | €859,884 | €195,095 | -€664,789 | -77.3% |
| Trade receivables | 40 | €835,460 | €73,476 | -€761,984 | -91.2% |
| Other amounts receivable | 41 | €24,424 | €121,619 | +€97,195 | +397.9% |
| Cash at bank and in hand | 54/58 | €879 | €43,989 | +€43,110 | +4904.4% |
| Total equity and liabilities | 10/49 | €5,020,167 | €5,091,862 | +€71,695 | +1.4% |
| Equity | 10/15 | €1,092,457 | €827,901 | -€264,556 | -24.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,080,057 | €1,080,057 | = | 0.0% |
| Distributable reserves | 133 | €1,080,057 | €1,080,057 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€264,556 | -€264,556 | |
| Amounts payable | 17/49 | €3,927,710 | €4,263,961 | +€336,251 | +8.6% |
| Amounts payable after more than one year | 17 | €389,005 | €282,217 | -€106,788 | -27.5% |
| Financial debts | 170/4 | €389,005 | €282,217 | -€106,788 | -27.5% |
| Amounts payable within one year | 42/48 | €3,538,705 | €3,981,744 | +€443,039 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €1,354,348 | €652,285 | -€702,063 | -51.8% |
| Financial debts | 43 | - | €619,058 | +€619,058 | |
| Credit institutions | 430/8 | - | €619,058 | +€619,058 | |
| Trade debts | 44 | €97,967 | €26,921 | -€71,046 | -72.5% |
| Suppliers | 440/4 | €97,967 | €26,921 | -€71,046 | -72.5% |
| Advances received on contracts in progress | 46 | €249,526 | €631,871 | +€382,345 | +153.2% |
| Taxes, remuneration and social security | 45 | €713,954 | €715,411 | +€1,457 | +0.2% |
| Taxes | 450/3 | €708,217 | €715,411 | +€7,194 | +1.0% |
| Remuneration and social security | 454/9 | €5,737 | - | -€5,737 | |
| Other amounts payable | 47/48 | €1,122,910 | €1,336,198 | +€213,288 | +19.0% |
| Remuneration, social security and pensions | 62 | €36,963 | €41,476 | +€4,513 | +12.2% |
| Other operating charges | 640/8 | €2,114 | €1,700 | -€414 | -19.6% |
| Gross operating margin | 9900 | €1,569,170 | -€106,903 | -€1.7m | |
| Operating profit (loss) | 9901 | €1,530,093 | -€150,079 | -€1.7m | |
| Financial income | 75/76B | €158 | €38 | -€120 | -75.9% |
| Recurring financial income | 75 | €158 | €38 | -€120 | -75.9% |
| Financial charges | 65/66B | €42,285 | €84,406 | +€42,121 | +99.6% |
| Recurring financial charges | 65 | €42,285 | €84,406 | +€42,121 | +99.6% |
| Profit (loss) for the period before taxes | 9903 | €1,487,966 | -€234,447 | -€1.7m | |
| Income taxes | 67/77 | €102,904 | €30,109 | -€72,795 | -70.7% |
| Profit (loss) for the period | 9904 | €1,385,062 | -€264,556 | -€1.6m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,385,062 | -€264,556 | -€1.6m |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.