ADGHOUL-CONSULT: what changed
ADGHOUL-CONSULT
Largest movements
- Receivables within one year +€23,468
up €23,468 (+187%), from €12,546 to €36,014
- Cash +€13,000
up €13,000 (+23.7%), from €54,757 to €67,757
mainly Net result for the year (+€26,537) and Trade debts (+€19,094)
- Profit (loss) carried forward +€26,537
up €26,537 (+81.6%), from €32,530 to €59,067
- Trade debts +€19,094
new in 2025: €19,094
- Other debts -€14,353
down €14,353 (-89.3%), from €16,078 to €1,725
- Tax, wage and social debts +€4,753
up €4,753 (+27.0%), from €17,607 to €22,360
- Gross operating margin -€7,913
down €7,913 (-18.5%), from €42,830 to €34,916
- Taxes -€1,347
down €1,347 (-16.2%), from €8,339 to €6,992
- Depreciation -€573
down €573 (-29.2%), from €1,961 to €1,388
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,216 | €104,247 | +€36,030 | +52.8% |
| Fixed assets | 21/28 | €913 | €475 | -€438 | -48.0% |
| Tangible fixed assets | 22/27 | €913 | €475 | -€438 | -48.0% |
| Furniture and vehicles | 24 | €913 | €475 | -€438 | -48.0% |
| Current assets | 29/58 | €67,303 | €103,772 | +€36,469 | +54.2% |
| Amounts receivable within one year | 40/41 | €12,546 | €36,014 | +€23,468 | +187% |
| Trade receivables | 40 | €12,546 | €36,014 | +€23,468 | +187% |
| Cash at bank and in hand | 54/58 | €54,757 | €67,757 | +€13,000 | +23.7% |
| Total equity and liabilities | 10/49 | €68,216 | €104,247 | +€36,030 | +52.8% |
| Equity | 10/15 | €34,530 | €61,067 | +€26,537 | +76.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,530 | €59,067 | +€26,537 | +81.6% |
| Amounts payable | 17/49 | €33,686 | €43,179 | +€9,493 | +28.2% |
| Amounts payable within one year | 42/48 | €33,686 | €43,179 | +€9,493 | +28.2% |
| Trade debts | 44 | - | €19,094 | +€19,094 | |
| Suppliers | 440/4 | - | €19,094 | +€19,094 | |
| Taxes, remuneration and social security | 45 | €17,607 | €22,360 | +€4,753 | +27.0% |
| Taxes | 450/3 | €17,607 | €22,360 | +€4,753 | +27.0% |
| Other amounts payable | 47/48 | €16,078 | €1,725 | -€14,353 | -89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,961 | €1,388 | -€573 | -29.2% |
| Gross operating margin | 9900 | €42,830 | €34,916 | -€7,913 | -18.5% |
| Operating profit (loss) | 9901 | €40,869 | €33,529 | -€7,341 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €40,869 | €33,529 | -€7,341 | -18.0% |
| Income taxes | 67/77 | €8,339 | €6,992 | -€1,347 | -16.2% |
| Profit (loss) for the period | 9904 | €32,530 | €26,537 | -€5,993 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,530 | €26,537 | -€5,993 | -18.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.