ADL CONSULT: 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.
ADL CONSULT
Largest movements
- Receivables within one year +€10,150
up €10,150 (+21.0%), from €48,302 to €58,452
of which Trade receivables: +€9,864
- Deferred charges and accrued income +€1,030
new in 2025: €1,030
- Other debts +€6,841
up €6,841 (+38.3%), from €17,839 to €24,680
- Trade debts +€3,755
up €3,755 (+321.0%), from €1,170 to €4,925
- Reserves +€3,200
up €3,200 (+38.6%), from €8,300 to €11,500
- Tax, wage and social debts -€2,088
down €2,088 (-40.2%), from €5,195 to €3,108
- Gross operating margin +€674
up €674 (+6.4%), from €10,482 to €11,156
- Depreciation -€340
down €340 (-16.1%), from €2,105 to €1,765
- Financial charges -€320
down €320 (-8.3%), from €3,843 to €3,523
- Other operating charges -€141
down €141 (-20.3%), from €691 to €551
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 | €52,836 | €64,439 | +€11,602 | +22.0% |
| Fixed assets | 21/28 | €3,222 | €3,082 | -€140 | -4.3% |
| Tangible fixed assets | 22/27 | €2,322 | €2,182 | -€140 | -6.0% |
| Plant, machinery and equipment | 23 | - | €1,619 | +€1,619 | |
| Furniture and vehicles | 24 | €2,322 | €563 | -€1,759 | -75.8% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €49,615 | €61,357 | +€11,742 | +23.7% |
| Amounts receivable within one year | 40/41 | €48,302 | €58,452 | +€10,150 | +21.0% |
| Trade receivables | 40 | €47,769 | €57,632 | +€9,864 | +20.6% |
| Other amounts receivable | 41 | €533 | €819 | +€286 | +53.6% |
| Cash at bank and in hand | 54/58 | €1,313 | €1,875 | +€563 | +42.9% |
| Deferred charges and accrued income | 490/1 | - | €1,030 | +€1,030 | |
| Total equity and liabilities | 10/49 | €52,836 | €64,439 | +€11,602 | +22.0% |
| Equity | 10/15 | €28,362 | €31,551 | +€3,189 | +11.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €8,300 | €11,500 | +€3,200 | +38.6% |
| Distributable reserves | 133 | €8,300 | €11,500 | +€3,200 | +38.6% |
| Profit (loss) carried forward | 14 | €62 | €51 | -€11 | -17.8% |
| Amounts payable | 17/49 | €24,474 | €32,888 | +€8,414 | +34.4% |
| Amounts payable within one year | 42/48 | €24,474 | €32,888 | +€8,414 | +34.4% |
| Financial debts | 43 | €270 | €175 | -€95 | -35.1% |
| Credit institutions | 430/8 | €270 | €175 | -€95 | -35.1% |
| Trade debts | 44 | €1,170 | €4,925 | +€3,755 | +321.0% |
| Suppliers | 440/4 | €1,170 | €4,925 | +€3,755 | +321.0% |
| Taxes, remuneration and social security | 45 | €5,195 | €3,108 | -€2,088 | -40.2% |
| Taxes | 450/3 | €5,195 | €3,108 | -€2,088 | -40.2% |
| Other amounts payable | 47/48 | €17,839 | €24,680 | +€6,841 | +38.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,105 | €1,765 | -€340 | -16.1% |
| Other operating charges | 640/8 | €691 | €551 | -€141 | -20.3% |
| Gross operating margin | 9900 | €10,482 | €11,156 | +€674 | +6.4% |
| Operating profit (loss) | 9901 | €7,686 | €8,840 | +€1,154 | +15.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €3,843 | €3,523 | -€320 | -8.3% |
| Recurring financial charges | 65 | €3,843 | €3,523 | -€320 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €3,843 | €5,316 | +€1,474 | +38.4% |
| Income taxes | 67/77 | €2,053 | €2,128 | +€74 | +3.6% |
| Profit (loss) for the period | 9904 | €1,789 | €3,189 | +€1,400 | +78.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,789 | €3,189 | +€1,400 | +78.2% |
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 12 October 2026 via checked.be.