Adi Construct: 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.
Adi Construct
Largest movements
- Receivables within one year +€2,554
up €2,554 (+16.7%), from €15,311 to €17,865
of which Other amounts receivable: +€1,712
- Cash +€2,531
up €2,531 (+87.4%), from €2,896 to €5,427
mainly Trade debts (+€4,147) and Net result for the year (+€1,778)
- Tangible fixed assets -€1,346
down €1,346 (-100.0%), from €1,346 to €0
of which Furniture and vehicles: -€1,183
- Deferred charges and accrued income -€509
down €509 (-54.7%), from €930 to €421
- Trade debts +€4,147
up €4,147 (+165.2%), from €2,509 to €6,656
- Tax, wage and social debts -€2,694
down €2,694 (-21.4%), from €12,615 to €9,922
of which Taxes: -€3,104
- Profit (loss) carried forward +€1,778
up €1,778 (+33.6%), from -€5,292 to -€3,514
- Gross operating margin -€4,394
down €4,394 (-11.8%), from €37,344 to €32,950
- Financial charges +€2,809
up €2,809 (+2895.3%), from €97 to €2,906
- Staff costs +€1,610
up €1,610 (+6.8%), from €23,814 to €25,424
- Taxes -€1,571
down €1,571 (-70.4%), from €2,230 to €659
- Other operating charges -€995
down €995 (-54.3%), from €1,833 to €838
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.
Cash bridge derived
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 | €29,583 | €32,813 | +€3,231 | +10.9% |
| Fixed assets | 21/28 | €1,346 | €0 | -€1,346 | -100.0% |
| Tangible fixed assets | 22/27 | €1,346 | €0 | -€1,346 | -100.0% |
| Plant, machinery and equipment | 23 | €163 | - | -€163 | |
| Furniture and vehicles | 24 | €1,183 | €0 | -€1,183 | -100.0% |
| Current assets | 29/58 | €28,236 | €32,813 | +€4,577 | +16.2% |
| Stocks and contracts in progress | 3 | €9,100 | €9,100 | = | 0.0% |
| Contracts in progress | 37 | €9,100 | €9,100 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,311 | €17,865 | +€2,554 | +16.7% |
| Trade receivables | 40 | €15,057 | €15,899 | +€842 | +5.6% |
| Other amounts receivable | 41 | €254 | €1,966 | +€1,712 | +674.2% |
| Cash at bank and in hand | 54/58 | €2,896 | €5,427 | +€2,531 | +87.4% |
| Deferred charges and accrued income | 490/1 | €930 | €421 | -€509 | -54.7% |
| Total equity and liabilities | 10/49 | €29,583 | €32,813 | +€3,231 | +10.9% |
| Equity | 10/15 | €14,458 | €16,236 | +€1,778 | +12.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,150 | €1,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,150 | €1,150 | = | 0.0% |
| Legal reserve | 130 | €1,150 | - | -€1,150 | |
| Reserves not available under the articles | 1311 | - | €1,150 | +€1,150 | |
| Profit (loss) carried forward | 14 | -€5,292 | -€3,514 | +€1,778 | +33.6% |
| Amounts payable | 17/49 | €15,125 | €16,577 | +€1,453 | +9.6% |
| Amounts payable within one year | 42/48 | €15,125 | €16,577 | +€1,453 | +9.6% |
| Trade debts | 44 | €2,509 | €6,656 | +€4,147 | +165.2% |
| Suppliers | 440/4 | €2,509 | €6,656 | +€4,147 | +165.2% |
| Taxes, remuneration and social security | 45 | €12,615 | €9,922 | -€2,694 | -21.4% |
| Taxes | 450/3 | €3,853 | €749 | -€3,104 | -80.6% |
| Remuneration and social security | 454/9 | €8,762 | €9,173 | +€411 | +4.7% |
| Remuneration, social security and pensions | 62 | €23,814 | €25,424 | +€1,610 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,538 | €1,346 | -€191 | -12.5% |
| Other operating charges | 640/8 | €1,833 | €838 | -€995 | -54.3% |
| Gross operating margin | 9900 | €37,344 | €32,950 | -€4,394 | -11.8% |
| Operating profit (loss) | 9901 | €10,160 | €5,343 | -€4,817 | -47.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -14.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -14.3% |
| Financial charges | 65/66B | €97 | €2,906 | +€2,809 | +2895.3% |
| Recurring financial charges | 65 | €97 | €2,906 | +€2,809 | +2895.3% |
| Profit (loss) for the period before taxes | 9903 | €10,063 | €2,437 | -€7,626 | -75.8% |
| Income taxes | 67/77 | €2,230 | €659 | -€1,571 | -70.4% |
| Profit (loss) for the period | 9904 | €7,833 | €1,778 | -€6,055 | -77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,833 | €1,778 | -€6,055 | -77.3% |
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 9 October 2026 via checked.be.