ADH Consulting: 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.
ADH Consulting
Largest movements
- Cash +€76,880
up €76,880 (+200%), from €38,376 to €115,256
mainly Net result for the year (+€151,745) and Other debts (+€46,838)
- Intangible fixed assets -€16,594
down €16,594 (-100%), from €16,594 to €0
- Receivables within one year +€7,837
up €7,837 (+10.6%), from €73,598 to €81,435
of which Other amounts receivable: +€25,107
- Tangible fixed assets -€2,276
down €2,276 (-13.9%), from €16,318 to €14,042
of which Furniture and vehicles: -€1,457
- Other debts +€46,838
up €46,838 (+85.3%), from €54,907 to €101,745
- Tax, wage and social debts +€9,717
up €9,717 (+119%), from €8,189 to €17,906
of which Taxes: +€9,717
- Trade debts +€7,581
up €7,581 (+251%), from €3,014 to €10,596
- Gross operating margin +€89,737
up €89,737 (+60.7%), from €147,768 to €237,504
- Taxes +€19,808
up €19,808 (+63.9%), from €30,979 to €50,787
- Financial income -€8,662
down €8,662 (-94.6%), from €9,159 to €497
- Write-downs +€7,310
new in 2025: €7,310
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 | €154,710 | €220,278 | +€65,568 | +42.4% |
| Fixed assets | 21/28 | €32,911 | €14,042 | -€18,869 | -57.3% |
| Intangible fixed assets | 21 | €16,594 | €0 | -€16,594 | -100% |
| Tangible fixed assets | 22/27 | €16,318 | €14,042 | -€2,276 | -13.9% |
| Plant, machinery and equipment | 23 | €6,565 | €5,746 | -€819 | -12.5% |
| Furniture and vehicles | 24 | €9,753 | €8,296 | -€1,457 | -14.9% |
| Current assets | 29/58 | €121,799 | €206,236 | +€84,437 | +69.3% |
| Amounts receivable within one year | 40/41 | €73,598 | €81,435 | +€7,837 | +10.6% |
| Trade receivables | 40 | €55,377 | €38,107 | -€17,270 | -31.2% |
| Other amounts receivable | 41 | €18,221 | €43,328 | +€25,107 | +138% |
| Cash at bank and in hand | 54/58 | €38,376 | €115,256 | +€76,880 | +200% |
| Deferred charges and accrued income | 490/1 | €9,826 | €9,545 | -€280 | -2.9% |
| Total equity and liabilities | 10/49 | €154,710 | €220,278 | +€65,568 | +42.4% |
| Equity | 10/15 | €88,600 | €88,600 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €83,600 | €83,600 | = | 0.0% |
| Distributable reserves | 133 | €83,600 | €83,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €66,110 | €131,678 | +€65,568 | +99.2% |
| Amounts payable within one year | 42/48 | €66,110 | €130,246 | +€64,136 | +97.0% |
| Trade debts | 44 | €3,014 | €10,596 | +€7,581 | +251% |
| Suppliers | 440/4 | €3,014 | €10,596 | +€7,581 | +251% |
| Taxes, remuneration and social security | 45 | €8,189 | €17,906 | +€9,717 | +119% |
| Taxes | 450/3 | €5,989 | €15,706 | +€9,717 | +162% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €54,907 | €101,745 | +€46,838 | +85.3% |
| Accrued charges and deferred income | 492/3 | - | €1,432 | +€1,432 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,957 | €20,406 | +€450 | +2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,310 | +€7,310 | |
| Other operating charges | 640/8 | €1,860 | €1,280 | -€581 | -31.2% |
| Gross operating margin | 9900 | €147,768 | €237,504 | +€89,737 | +60.7% |
| Operating profit (loss) | 9901 | €125,950 | €208,508 | +€82,558 | +65.5% |
| Financial income | 75/76B | €9,159 | €497 | -€8,662 | -94.6% |
| Recurring financial income | 75 | €9,159 | €497 | -€8,662 | -94.6% |
| Financial charges | 65/66B | €6,125 | €6,473 | +€348 | +5.7% |
| Recurring financial charges | 65 | €6,125 | €6,473 | +€348 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €128,984 | €202,532 | +€73,547 | +57.0% |
| Income taxes | 67/77 | €30,979 | €50,787 | +€19,808 | +63.9% |
| Profit (loss) for the period | 9904 | €98,005 | €151,745 | +€53,740 | +54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €98,005 | €151,745 | +€53,740 | +54.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.