ADL Finance: what changed
What changed
ADL Finance
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€464,706
2024 · €604,182-€139,476
Equity
€3.7m
2024 · €3.3m+€464,706
Cash
€2.2m
2024 · €2.2m-€3,304
Balance sheet total
€3.8m
2024 · €3.4m+€451,002
Largest movements
Assets
- Financial fixed assets +€400,250
up €400,250 (+35.0%), from €1.1m to €1.5m
- Receivables within one year +€54,056
new in 2025: €54,056
Equity and liabilities
- Profit (loss) carried forward +€464,706
up €464,706 (+14.3%), from €3.3m to €3.7m
Income statement
- Gross operating margin -€80,840
down €80,840 (-7.6%), from €1.1m to €978,185
- Taxes +€61,569
up €61,569 (+53.7%), from €114,610 to €176,179
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€604,182
Gross operating margin
-€80,840
Staff costs
+€556
Other operating charges
+€3,437
Financial income
-€1,828
Financial charges
+€768
Taxes
-€61,569
Result 2025
€464,706
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€407,293
Investment
-€400,250
Financing
-€10,347
Cash 2024
€2.2m
From operations (derived)
+€407,293
Net result for the year
+€464,706
Receivables within one year
-€54,056
Trade debts
-€3,357
Investment (derived)
-€400,250
Investment in fixed assets (net)
-€400,250
Financing
-€10,347
Debts after one year
-€10,347
Cash 2025
€2.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,356,048 | €3,807,050 | +€451,002 | +13.4% |
| Fixed assets | 21/28 | €1,144,253 | €1,544,503 | +€400,250 | +35.0% |
| Financial fixed assets | 28 | €1,144,253 | €1,544,503 | +€400,250 | +35.0% |
| Current assets | 29/58 | €2,211,795 | €2,262,547 | +€50,752 | +2.3% |
| Amounts receivable within one year | 40/41 | - | €54,056 | +€54,056 | |
| Other amounts receivable | 41 | - | €54,056 | +€54,056 | |
| Cash at bank and in hand | 54/58 | €2,211,795 | €2,208,491 | -€3,304 | -0.1% |
| Total equity and liabilities | 10/49 | €3,356,048 | €3,807,050 | +€451,002 | +13.4% |
| Equity | 10/15 | €3,275,040 | €3,739,746 | +€464,706 | +14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,256,440 | €3,721,146 | +€464,706 | +14.3% |
| Amounts payable | 17/49 | €81,008 | €67,304 | -€13,704 | -16.9% |
| Amounts payable after more than one year | 17 | €77,624 | €67,277 | -€10,347 | -13.3% |
| Financial debts | 170/4 | €77,624 | €67,277 | -€10,347 | -13.3% |
| Amounts payable within one year | 42/48 | €3,384 | €27 | -€3,357 | -99.2% |
| Trade debts | 44 | €3,384 | €27 | -€3,357 | -99.2% |
| Suppliers | 440/4 | €3,384 | €27 | -€3,357 | -99.2% |
| Remuneration, social security and pensions | 62 | €332,781 | €332,225 | -€556 | -0.2% |
| Other operating charges | 640/8 | €4,347 | €910 | -€3,437 | -79.1% |
| Gross operating margin | 9900 | €1,059,025 | €978,185 | -€80,840 | -7.6% |
| Operating profit (loss) | 9901 | €721,897 | €645,050 | -€76,847 | -10.6% |
| Financial income | 75/76B | €1,828 | - | -€1,828 | |
| Recurring financial income | 75 | €1,828 | - | -€1,828 | |
| Financial charges | 65/66B | €4,933 | €4,165 | -€768 | -15.6% |
| Recurring financial charges | 65 | €4,933 | €4,165 | -€768 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €718,792 | €640,885 | -€77,907 | -10.8% |
| Income taxes | 67/77 | €114,610 | €176,179 | +€61,569 | +53.7% |
| Profit (loss) for the period | 9904 | €604,182 | €464,706 | -€139,476 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €604,182 | €464,706 | -€139,476 | -23.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.