ADILMA: 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.
ADILMA
Largest movements
- Receivables within one year +€63,179
up €63,179 (+80.3%), from €78,682 to €141,861
of which Trade receivables: +€62,546
- Cash +€31,920
up €31,920 (+230.1%), from €13,873 to €45,793
mainly Trade debts (+€83,403) and Net result for the year (+€21,385)
- Stocks and contracts +€5,377
up €5,377 (+4.6%), from €117,270 to €122,647
- Trade debts +€83,403
up €83,403 (+58.9%), from €141,543 to €224,946
- Profit (loss) carried forward +€21,385
up €21,385 (+36.9%), from €57,925 to €79,310
- Other debts -€11,716
no longer reported in 2025 (was €11,716)
- Tax, wage and social debts +€8,182
up €8,182 (+175.4%), from €4,666 to €12,848
of which Taxes: +€6,180
- Purchases and services +€311,247
new in 2025: €311,247
- Gross operating margin +€17,054
up €17,054 (+59.7%), from €28,588 to €45,642
- Other operating charges +€6,762
up €6,762 (+6762.1%), from €100 to €6,862
- Staff costs +€5,899
up €5,899 (+190.1%), from €3,104 to €9,002
- Taxes +€5,121
new in 2025: €5,121
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 | €219,972 | €322,444 | +€102,472 | +46.6% |
| Fixed assets | 21/28 | €10,148 | €12,144 | +€1,996 | +19.7% |
| Tangible fixed assets | 22/27 | €10,148 | €12,144 | +€1,996 | +19.7% |
| Furniture and vehicles | 24 | €10,148 | €12,144 | +€1,996 | +19.7% |
| Current assets | 29/58 | €209,825 | €310,301 | +€100,476 | +47.9% |
| Stocks and contracts in progress | 3 | €117,270 | €122,647 | +€5,377 | +4.6% |
| Stocks | 30/36 | €117,270 | €122,647 | +€5,377 | +4.6% |
| Amounts receivable within one year | 40/41 | €78,682 | €141,861 | +€63,179 | +80.3% |
| Trade receivables | 40 | €78,682 | €141,228 | +€62,546 | +79.5% |
| Other amounts receivable | 41 | - | €633 | +€633 | |
| Cash at bank and in hand | 54/58 | €13,873 | €45,793 | +€31,920 | +230.1% |
| Total equity and liabilities | 10/49 | €219,972 | €322,444 | +€102,472 | +46.6% |
| Equity | 10/15 | €57,925 | €79,310 | +€21,385 | +36.9% |
| Profit (loss) carried forward | 14 | €57,925 | €79,310 | +€21,385 | +36.9% |
| Amounts payable | 17/49 | €162,047 | €243,135 | +€81,087 | +50.0% |
| Amounts payable within one year | 42/48 | €162,047 | €243,135 | +€81,087 | +50.0% |
| Trade debts | 44 | €141,543 | €224,946 | +€83,403 | +58.9% |
| Suppliers | 440/4 | €141,543 | €224,946 | +€83,403 | +58.9% |
| Advances received on contracts in progress | 46 | €4,123 | €5,341 | +€1,218 | +29.5% |
| Taxes, remuneration and social security | 45 | €4,666 | €12,848 | +€8,182 | +175.4% |
| Taxes | 450/3 | €891 | €7,071 | +€6,180 | +693.3% |
| Remuneration and social security | 454/9 | €3,775 | €5,777 | +€2,002 | +53.1% |
| Other amounts payable | 47/48 | €11,716 | - | -€11,716 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €311,247 | +€311,247 | |
| Remuneration, social security and pensions | 62 | €3,104 | €9,002 | +€5,899 | +190.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,330 | €3,150 | +€1,820 | +136.9% |
| Other operating charges | 640/8 | €100 | €6,862 | +€6,762 | +6762.1% |
| Gross operating margin | 9900 | €28,588 | €45,642 | +€17,054 | +59.7% |
| Operating profit (loss) | 9901 | €24,055 | €26,627 | +€2,573 | +10.7% |
| Financial income | 75/76B | - | €29 | +€29 | |
| Recurring financial income | 75 | - | €29 | +€29 | |
| Financial charges | 65/66B | €186 | €150 | -€36 | -19.5% |
| Recurring financial charges | 65 | €186 | €150 | -€36 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €23,868 | €26,506 | +€2,638 | +11.1% |
| Income taxes | 67/77 | - | €5,121 | +€5,121 | |
| Profit (loss) for the period | 9904 | €23,868 | €21,385 | -€2,483 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,868 | €21,385 | -€2,483 | -10.4% |
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.