ADG CONSULTANCY: 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.
ADG CONSULTANCY
Largest movements
- Cash +€85,571
up €85,571 (+75.7%), from €113,019 to €198,590
mainly Other debts (+€754,148) and Net result for the year (+€210,489)
- Receivables within one year -€36,348
down €36,348 (-27.9%), from €130,305 to €93,958
of which Trade receivables: -€35,765
- Tangible fixed assets -€22,622
down €22,622 (-7.4%), from €305,347 to €282,726
of which Furniture and vehicles: -€19,599
- Receivables after one year -€21,902
down €21,902 (-12.2%), from €179,059 to €157,157
- Reserves -€774,140
down €774,140 (-53.5%), from €1.4m to €673,564
of which Distributable reserves: -€774,140
- Other debts +€754,148
up €754,148 (+661%), from €114,163 to €868,311
- Tax, wage and social debts +€41,675
up €41,675 (+133%), from €31,398 to €73,073
- Gross operating margin -€54,610
down €54,610 (-13.4%), from €407,077 to €352,467
- Taxes -€19,296
down €19,296 (-15.4%), from €125,618 to €106,322
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 | €1,606,325 | €1,626,555 | +€20,230 | +1.3% |
| Fixed assets | 21/28 | €305,347 | €282,726 | -€22,622 | -7.4% |
| Tangible fixed assets | 22/27 | €305,347 | €282,726 | -€22,622 | -7.4% |
| Land and buildings | 22 | €162,089 | €146,301 | -€15,787 | -9.7% |
| Plant, machinery and equipment | 23 | €29,288 | €26,572 | -€2,716 | -9.3% |
| Furniture and vehicles | 24 | €69,193 | €49,594 | -€19,599 | -28.3% |
| Other tangible fixed assets | 26 | €44,778 | €60,259 | +€15,481 | +34.6% |
| Current assets | 29/58 | €1,300,978 | €1,343,830 | +€42,852 | +3.3% |
| Amounts receivable after more than one year | 29 | €179,059 | €157,157 | -€21,902 | -12.2% |
| Other amounts receivable | 291 | €179,059 | €157,157 | -€21,902 | -12.2% |
| Amounts receivable within one year | 40/41 | €130,305 | €93,958 | -€36,348 | -27.9% |
| Trade receivables | 40 | €107,816 | €72,051 | -€35,765 | -33.2% |
| Other amounts receivable | 41 | €22,490 | €21,907 | -€583 | -2.6% |
| Current investments | 50/53 | €875,291 | €889,805 | +€14,514 | +1.7% |
| Cash at bank and in hand | 54/58 | €113,019 | €198,590 | +€85,571 | +75.7% |
| Deferred charges and accrued income | 490/1 | €3,303 | €4,320 | +€1,017 | +30.8% |
| Total equity and liabilities | 10/49 | €1,606,325 | €1,626,555 | +€20,230 | +1.3% |
| Equity | 10/15 | €1,453,904 | €679,764 | -€774,140 | -53.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,447,704 | €673,564 | -€774,140 | -53.5% |
| 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 | €1,445,844 | €671,704 | -€774,140 | -53.5% |
| Amounts payable | 17/49 | €152,421 | €946,792 | +€794,371 | +521% |
| Amounts payable within one year | 42/48 | €152,421 | €946,792 | +€794,371 | +521% |
| Trade debts | 44 | €6,860 | €5,408 | -€1,452 | -21.2% |
| Suppliers | 440/4 | €6,860 | €5,408 | -€1,452 | -21.2% |
| Taxes, remuneration and social security | 45 | €31,398 | €73,073 | +€41,675 | +133% |
| Taxes | 450/3 | €31,398 | €73,073 | +€41,675 | +133% |
| Other amounts payable | 47/48 | €114,163 | €868,311 | +€754,148 | +661% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,133 | €57,463 | +€2,330 | +4.2% |
| Other operating charges | 640/8 | €5,495 | €4,026 | -€1,470 | -26.7% |
| Gross operating margin | 9900 | €407,077 | €352,467 | -€54,610 | -13.4% |
| Operating profit (loss) | 9901 | €346,448 | €290,978 | -€55,470 | -16.0% |
| Financial income | 75/76B | €27,496 | €26,342 | -€1,154 | -4.2% |
| Recurring financial income | 75 | €27,496 | €26,342 | -€1,154 | -4.2% |
| Financial charges | 65/66B | €436 | €509 | +€73 | +16.8% |
| Recurring financial charges | 65 | €436 | €509 | +€73 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €373,508 | €316,811 | -€56,697 | -15.2% |
| Income taxes | 67/77 | €125,618 | €106,322 | -€19,296 | -15.4% |
| Profit (loss) for the period | 9904 | €247,890 | €210,489 | -€37,400 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €247,890 | €210,489 | -€37,400 | -15.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.