Adilhan: 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.
Adilhan
Largest movements
- Receivables within one year +€181,292
up €181,292 (+328.9%), from €55,121 to €236,413
of which Trade receivables: +€176,863
- Cash +€59,834
up €59,834 (+940.2%), from €6,364 to €66,198
mainly Trade debts (+€128,675) and Accrued charges and deferred income (+€91,922)
- Tangible fixed assets -€7,890
down €7,890 (-4.0%), from €198,479 to €190,589
of which Land and buildings: -€6,279
- Trade debts +€128,675
up €128,675 (+307.5%), from €41,849 to €170,524
- Accrued charges and deferred income +€91,922
new in 2024: €91,922
- Profit (loss) carried forward +€43,035
up €43,035 (+217.4%), from €19,796 to €62,831
- Other debts -€31,846
down €31,846 (-9.7%), from €328,194 to €296,348
- Turnover +€74,028
up €74,028 (+8.5%), from €875,646 to €949,673
- Gross operating margin +€56,132
up €56,132 (+241.4%), from €23,256 to €79,387
- Financial charges +€23,779
up €23,779 (+9021.1%), from €264 to €24,042
- Purchases and services +€15,461
up €15,461 (+1.8%), from €859,025 to €874,486
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.
Cash bridge derived
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 | €408,497 | €640,225 | +€231,727 | +56.7% |
| Fixed assets | 21/28 | €198,479 | €190,589 | -€7,890 | -4.0% |
| Tangible fixed assets | 22/27 | €198,479 | €190,589 | -€7,890 | -4.0% |
| Land and buildings | 22 | €196,868 | €190,589 | -€6,279 | -3.2% |
| Furniture and vehicles | 24 | €1,611 | - | -€1,611 | |
| Current assets | 29/58 | €210,018 | €449,636 | +€239,618 | +114.1% |
| Stocks and contracts in progress | 3 | €125,750 | €125,750 | = | 0.0% |
| Stocks | 30/36 | €125,750 | €125,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €55,121 | €236,413 | +€181,292 | +328.9% |
| Trade receivables | 40 | €29,874 | €206,737 | +€176,863 | +592.0% |
| Other amounts receivable | 41 | €25,247 | €29,675 | +€4,428 | +17.5% |
| Cash at bank and in hand | 54/58 | €6,364 | €66,198 | +€59,834 | +940.2% |
| Deferred charges and accrued income | 490/1 | €22,783 | €21,275 | -€1,508 | -6.6% |
| Total equity and liabilities | 10/49 | €408,497 | €640,225 | +€231,727 | +56.7% |
| Equity | 10/15 | €38,396 | €81,431 | +€43,035 | +112.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,796 | €62,831 | +€43,035 | +217.4% |
| Amounts payable | 17/49 | €370,101 | €558,794 | +€188,692 | +51.0% |
| Amounts payable after more than one year | 17 | €58 | - | -€58 | |
| Financial debts | 170/4 | €58 | - | -€58 | |
| Amounts payable within one year | 42/48 | €370,043 | €466,872 | +€96,829 | +26.2% |
| Trade debts | 44 | €41,849 | €170,524 | +€128,675 | +307.5% |
| Suppliers | 440/4 | €41,849 | €170,524 | +€128,675 | +307.5% |
| Other amounts payable | 47/48 | €328,194 | €296,348 | -€31,846 | -9.7% |
| Accrued charges and deferred income | 492/3 | - | €91,922 | +€91,922 | |
| Turnover | 70 | €875,646 | €949,673 | +€74,028 | +8.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €859,025 | €874,486 | +€15,461 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,920 | €7,890 | +€970 | +14.0% |
| Other operating charges | 640/8 | €4,688 | €4,420 | -€268 | -5.7% |
| Gross operating margin | 9900 | €23,256 | €79,387 | +€56,132 | +241.4% |
| Operating profit (loss) | 9901 | €11,647 | €67,078 | +€55,430 | +475.9% |
| Financial charges | 65/66B | €264 | €24,042 | +€23,779 | +9021.1% |
| Recurring financial charges | 65 | €264 | €24,042 | +€23,779 | +9021.1% |
| Profit (loss) for the period before taxes | 9903 | €11,384 | €43,035 | +€31,652 | +278.0% |
| Profit (loss) for the period | 9904 | €11,384 | €43,035 | +€31,652 | +278.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,384 | €43,035 | +€31,652 | +278.0% |
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 10 October 2026 via checked.be.