ADel consult: 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.
What changed
ADel consult
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€1,092
2023 · €7,020-€5,928
Equity
-€65,770
2023 · -€66,862+€1,092
Cash
€2,996
2023 · €5,581-€2,585
Balance sheet total
€689,213
2023 · €724,478-€35,265
Largest movements
Assets
- Tangible fixed assets -€32,680
down €32,680 (-4.6%), from €708,108 to €675,428
of which Land and buildings: -€31,766
Equity and liabilities
- Debts after one year -€28,990
down €28,990 (-28.4%), from €102,013 to €73,023
Income statement
- Gross operating margin -€9,082
down €9,082 (-17.2%), from €52,703 to €43,621
- Provisions -€3,907
new in 2024: -€3,907
- Depreciation +€999
up €999 (+2.5%), from €40,348 to €41,347
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.
Result 2023
€7,020
Gross operating margin
-€9,082
Depreciation
-€999
Provisions
+€3,907
Other operating charges
-€113
Financial charges
+€359
Result 2024
€1,092
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.
From operations
+€34,782
Investment
-€8,667
Financing
-€28,700
Cash 2023
€5,581
From operations (derived)
+€34,782
Net result for the year
+€1,092
Depreciation
+€41,347
Provisions
-€3,907
Trade debts
+€2,108
Other debts
-€6,708
Accrued charges and deferred income
+€850
Investment (derived)
-€8,667
Investment in fixed assets (net)
-€8,667
Financing
-€28,700
Debts after one year
-€28,990
Current portion of long-term debt
+€289
Cash 2024
€2,996
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €724,478 | €689,213 | -€35,265 | -4.9% |
| Fixed assets | 21/28 | €708,108 | €675,428 | -€32,680 | -4.6% |
| Tangible fixed assets | 22/27 | €708,108 | €675,428 | -€32,680 | -4.6% |
| Land and buildings | 22 | €703,128 | €671,361 | -€31,766 | -4.5% |
| Plant, machinery and equipment | 23 | €1,880 | €1,216 | -€663 | -35.3% |
| Furniture and vehicles | 24 | €500 | €250 | -€250 | -50.0% |
| Assets under construction and advance payments | 27 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €16,371 | €13,785 | -€2,585 | -15.8% |
| Cash at bank and in hand | 54/58 | €5,581 | €2,996 | -€2,585 | -46.3% |
| Deferred charges and accrued income | 490/1 | €10,789 | €10,789 | = | 0.0% |
| Total equity and liabilities | 10/49 | €724,478 | €689,213 | -€35,265 | -4.9% |
| Equity | 10/15 | -€66,862 | -€65,770 | +€1,092 | +1.6% |
| Contributions | 10/11 | €12,803 | €12,803 | = | 0.0% |
| Reserves | 13 | €4,027 | €4,027 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €2,127 | €2,127 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,692 | -€82,600 | +€1,092 | +1.3% |
| Provisions and deferred taxes | 16 | €47,480 | €43,574 | -€3,907 | -8.2% |
| Provisions for liabilities and charges | 160/5 | €47,480 | €43,574 | -€3,907 | -8.2% |
| Environmental obligations | 163 | €47,480 | €43,574 | -€3,907 | -8.2% |
| Amounts payable | 17/49 | €743,860 | €711,410 | -€32,450 | -4.4% |
| Amounts payable after more than one year | 17 | €102,013 | €73,023 | -€28,990 | -28.4% |
| Financial debts | 170/4 | €102,013 | €73,023 | -€28,990 | -28.4% |
| Amounts payable within one year | 42/48 | €639,147 | €634,837 | -€4,310 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €28,700 | €28,990 | +€289 | +1.0% |
| Trade debts | 44 | €29,523 | €31,631 | +€2,108 | +7.1% |
| Suppliers | 440/4 | €29,523 | €31,631 | +€2,108 | +7.1% |
| Other amounts payable | 47/48 | €580,924 | €574,216 | -€6,708 | -1.2% |
| Accrued charges and deferred income | 492/3 | €2,700 | €3,550 | +€850 | +31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,348 | €41,347 | +€999 | +2.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€3,907 | -€3,907 | |
| Other operating charges | 640/8 | €3,087 | €3,199 | +€113 | +3.6% |
| Gross operating margin | 9900 | €52,703 | €43,621 | -€9,082 | -17.2% |
| Operating profit (loss) | 9901 | €9,269 | €2,982 | -€6,287 | -67.8% |
| Financial charges | 65/66B | €2,249 | €1,890 | -€359 | -16.0% |
| Recurring financial charges | 65 | €2,249 | €1,890 | -€359 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €7,020 | €1,092 | -€5,928 | -84.4% |
| Profit (loss) for the period | 9904 | €7,020 | €1,092 | -€5,928 | -84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,020 | €1,092 | -€5,928 | -84.4% |
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 1 October 2026 via checked.be.