ADEVE: 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.
ADEVE
Largest movements
- Cash +€15,690
up €15,690 (+6,151%), from €255 to €15,945
mainly Net result for the year (+€12,084) and Receivables within one year (+€6,083)
- Receivables within one year -€6,083
down €6,083 (-44.5%), from €13,683 to €7,600
of which Trade receivables: -€4,819
- Tangible fixed assets +€2,942
up €2,942 (+15,919%), from €18 to €2,960
of which Furniture and vehicles: +€2,960
- Deferred charges and accrued income +€322
new in 2024: €322
- Profit (loss) carried forward +€12,084
up €12,084, from -€9,729 to €2,355
- Other debts +€1,879
up €1,879 (+38.6%), from €4,874 to €6,754
- Trade debts -€1,834
down €1,834 (-52.8%), from €3,475 to €1,642
- Short-term financial debts -€1,555
no longer reported in 2024 (was €1,555)
- Current portion of long-term debt +€1,153
up €1,153 (+78.0%), from €1,479 to €2,632
- Gross operating margin +€18,087
up €18,087 (+302%), from €5,982 to €24,069
- Financial charges +€7,448
up €7,448 (+4,936%), from €151 to €7,599
- Write-downs +€2,458
new in 2024: €2,458
- Taxes +€1,035
new in 2024: €1,035
- Depreciation -€352
down €352 (-59.2%), from €594 to €242
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.
Derived cash bridge
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 | €14,055 | €26,925 | +€12,871 | +91.6% |
| Fixed assets | 21/28 | €116 | €3,058 | +€2,942 | +2,526% |
| Tangible fixed assets | 22/27 | €18 | €2,960 | +€2,942 | +15,919% |
| Plant, machinery and equipment | 23 | €18 | - | -€18 | |
| Furniture and vehicles | 24 | - | €2,960 | +€2,960 | |
| Financial fixed assets | 28 | €98 | €98 | = | 0.0% |
| Current assets | 29/58 | €13,938 | €23,867 | +€9,929 | +71.2% |
| Amounts receivable within one year | 40/41 | €13,683 | €7,600 | -€6,083 | -44.5% |
| Trade receivables | 40 | €12,419 | €7,600 | -€4,819 | -38.8% |
| Other amounts receivable | 41 | €1,264 | - | -€1,264 | |
| Cash at bank and in hand | 54/58 | €255 | €15,945 | +€15,690 | +6,151% |
| Deferred charges and accrued income | 490/1 | - | €322 | +€322 | |
| Total equity and liabilities | 10/49 | €14,055 | €26,925 | +€12,871 | +91.6% |
| Equity | 10/15 | €2,671 | €14,755 | +€12,084 | +452% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,729 | €2,355 | +€12,084 | |
| Amounts payable | 17/49 | €11,384 | €12,170 | +€786 | +6.9% |
| Amounts payable within one year | 42/48 | €11,384 | €12,139 | +€756 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €1,479 | €2,632 | +€1,153 | +78.0% |
| Financial debts | 43 | €1,555 | - | -€1,555 | |
| Credit institutions | 430/8 | €1,555 | - | -€1,555 | |
| Trade debts | 44 | €3,475 | €1,642 | -€1,834 | -52.8% |
| Suppliers | 440/4 | €3,475 | €1,642 | -€1,834 | -52.8% |
| Taxes, remuneration and social security | 45 | - | €1,112 | +€1,112 | |
| Taxes | 450/3 | - | €1,112 | +€1,112 | |
| Other amounts payable | 47/48 | €4,874 | €6,754 | +€1,879 | +38.6% |
| Accrued charges and deferred income | 492/3 | - | €31 | +€31 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €594 | €242 | -€352 | -59.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,458 | +€2,458 | |
| Other operating charges | 640/8 | €128 | €144 | +€16 | +12.8% |
| Non-recurring operating charges | 66A | €141 | €507 | +€366 | +260% |
| Gross operating margin | 9900 | €5,982 | €24,069 | +€18,087 | +302% |
| Operating profit (loss) | 9901 | €5,119 | €20,718 | +€15,599 | +305% |
| Financial charges | 65/66B | €151 | €7,599 | +€7,448 | +4,936% |
| Recurring financial charges | 65 | €151 | €7,599 | +€7,448 | +4,936% |
| Profit (loss) for the period before taxes | 9903 | €4,968 | €13,119 | +€8,151 | +164% |
| Income taxes | 67/77 | - | €1,035 | +€1,035 | |
| Profit (loss) for the period | 9904 | €4,968 | €12,084 | +€7,116 | +143% |
| Profit (loss) for the period to be appropriated | 9905 | €4,968 | €12,084 | +€7,116 | +143% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.