ADECOR-TECHNICS: 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.
ADECOR-TECHNICS
Largest movements
- Cash +€42,415
up €42,415 (+67.7%), from €62,644 to €105,059
mainly Trade debts (+€53,217) and Advances received (+€17,793)
- Tangible fixed assets +€42,294
new in 2024: €42,294
- Receivables within one year +€16,347
up €16,347 (+31.3%), from €52,181 to €68,528
of which Trade receivables: +€19,505
- Stocks and contracts -€14,801
down €14,801 (-64.8%), from €22,830 to €8,029
- Trade debts +€53,217
up €53,217 (+410.7%), from €12,958 to €66,176
- Advances received +€17,793
up €17,793 (+155.2%), from €11,463 to €29,256
- Other debts +€12,000
new in 2024: €12,000
- Tax, wage and social debts +€3,584
up €3,584 (+336.7%), from €1,065 to €4,649
of which Taxes: +€4,649
- Gross operating margin +€45,760
up €45,760 (+35.5%), from €128,997 to €174,757
- Staff costs +€35,090
up €35,090 (+28.2%), from €124,230 to €159,320
- Depreciation -€3,997
down €3,997 (-100.0%), from €3,997 to €0
- Taxes +€3,290
new in 2024: €3,290
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 | €138,509 | €224,823 | +€86,315 | +62.3% |
| Fixed assets | 21/28 | - | €42,294 | +€42,294 | |
| Tangible fixed assets | 22/27 | - | €42,294 | +€42,294 | |
| Other tangible fixed assets | 26 | - | €42,294 | +€42,294 | |
| Current assets | 29/58 | €138,509 | €182,529 | +€44,020 | +31.8% |
| Stocks and contracts in progress | 3 | €22,830 | €8,029 | -€14,801 | -64.8% |
| Stocks | 30/36 | €22,830 | €8,029 | -€14,801 | -64.8% |
| Amounts receivable within one year | 40/41 | €52,181 | €68,528 | +€16,347 | +31.3% |
| Trade receivables | 40 | €29,807 | €49,312 | +€19,505 | +65.4% |
| Other amounts receivable | 41 | €22,374 | €19,216 | -€3,158 | -14.1% |
| Cash at bank and in hand | 54/58 | €62,644 | €105,059 | +€42,415 | +67.7% |
| Deferred charges and accrued income | 490/1 | €853 | €912 | +€59 | +6.9% |
| Total equity and liabilities | 10/49 | €138,509 | €224,823 | +€86,315 | +62.3% |
| Equity | 10/15 | €113,023 | €112,743 | -€280 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €93,853 | €93,853 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €91,993 | €91,993 | = | 0.0% |
| Profit (loss) carried forward | 14 | €570 | €290 | -€280 | -49.1% |
| Amounts payable | 17/49 | €25,486 | €112,081 | +€86,595 | +339.8% |
| Amounts payable within one year | 42/48 | €25,486 | €112,081 | +€86,595 | +339.8% |
| Trade debts | 44 | €12,958 | €66,176 | +€53,217 | +410.7% |
| Suppliers | 440/4 | €12,958 | €66,176 | +€53,217 | +410.7% |
| Advances received on contracts in progress | 46 | €11,463 | €29,256 | +€17,793 | +155.2% |
| Taxes, remuneration and social security | 45 | €1,065 | €4,649 | +€3,584 | +336.7% |
| Taxes | 450/3 | - | €4,649 | +€4,649 | |
| Remuneration and social security | 454/9 | €1,065 | €0 | -€1,065 | -100.0% |
| Other amounts payable | 47/48 | - | €12,000 | +€12,000 | |
| Remuneration, social security and pensions | 62 | €124,230 | €159,320 | +€35,090 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,997 | €0 | -€3,997 | -100.0% |
| Other operating charges | 640/8 | €149 | €536 | +€387 | +260.4% |
| Gross operating margin | 9900 | €128,997 | €174,757 | +€45,760 | +35.5% |
| Operating profit (loss) | 9901 | €622 | €14,900 | +€14,279 | +2297.2% |
| Financial charges | 65/66B | €51 | -€110 | -€161 | |
| Recurring financial charges | 65 | €51 | -€110 | -€161 | |
| Profit (loss) for the period before taxes | 9903 | €570 | €15,010 | +€14,440 | +2531.8% |
| Income taxes | 67/77 | - | €3,290 | +€3,290 | |
| Profit (loss) for the period | 9904 | €570 | €11,720 | +€11,150 | +1954.9% |
| Profit (loss) for the period to be appropriated | 9905 | €570 | €11,720 | +€11,150 | +1954.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.