ADL Industry: 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 Industry
Largest movements
- Tangible fixed assets +€8,900
new in 2025: €8,900
- Cash +€6,308
new in 2025: €6,308
mainly Net result for the year (+€16,592) and Receivables within one year (+€2,117)
- Receivables within one year -€2,117
down €2,117 (-22.9%), from €9,241 to €7,124
of which Trade receivables: -€2,397
- Profit (loss) carried forward +€16,592
up €16,592, from -€13,234 to €3,358
- Short-term financial debts -€1,753
down €1,753 (-100%), from €1,753 to €0
- Trade debts -€1,748
down €1,748 (-71.9%), from €2,433 to €684
- Gross operating margin +€20,326
up €20,326, from -€66 to €20,260
- Staff costs +€3,607
new in 2025: €3,607
- Depreciation -€1,536
down €1,536 (-100%), from €1,536 to €0
- Financial income +€220
new in 2025: €220
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.
Derived cash bridge
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 | €9,241 | €22,332 | +€13,091 | +142% |
| Fixed assets | 21/28 | - | €8,900 | +€8,900 | |
| Tangible fixed assets | 22/27 | - | €8,900 | +€8,900 | |
| Furniture and vehicles | 24 | - | €8,900 | +€8,900 | |
| Current assets | 29/58 | €9,241 | €13,432 | +€4,191 | +45.3% |
| Amounts receivable within one year | 40/41 | €9,241 | €7,124 | -€2,117 | -22.9% |
| Trade receivables | 40 | €4,531 | €2,135 | -€2,397 | -52.9% |
| Other amounts receivable | 41 | €4,709 | €4,989 | +€279 | +5.9% |
| Cash at bank and in hand | 54/58 | - | €6,308 | +€6,308 | |
| Total equity and liabilities | 10/49 | €9,241 | €22,332 | +€13,091 | +142% |
| Equity | 10/15 | €2,826 | €19,418 | +€16,592 | +587% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €3,660 | €3,660 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | €1,800 | €3,660 | +€1,860 | +103% |
| Profit (loss) carried forward | 14 | -€13,234 | €3,358 | +€16,592 | |
| Amounts payable | 17/49 | €6,415 | €2,914 | -€3,501 | -54.6% |
| Amounts payable within one year | 42/48 | €6,415 | €2,914 | -€3,501 | -54.6% |
| Financial debts | 43 | €1,753 | €0 | -€1,753 | -100% |
| Credit institutions | 430/8 | €1,753 | €0 | -€1,753 | -100% |
| Trade debts | 44 | €2,433 | €684 | -€1,748 | -71.9% |
| Suppliers | 440/4 | €2,433 | €684 | -€1,748 | -71.9% |
| Taxes, remuneration and social security | 45 | €2,229 | €2,229 | = | 0.0% |
| Taxes | 450/3 | €2,229 | €2,229 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €3,607 | +€3,607 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,536 | €0 | -€1,536 | -100% |
| Other operating charges | 640/8 | - | €125 | +€125 | |
| Non-recurring operating charges | 66A | - | -€36 | -€36 | |
| Gross operating margin | 9900 | -€66 | €20,260 | +€20,326 | |
| Operating profit (loss) | 9901 | -€1,602 | €16,564 | +€18,166 | |
| Financial income | 75/76B | - | €220 | +€220 | |
| Recurring financial income | 75 | - | €220 | +€220 | |
| Financial charges | 65/66B | - | €107 | +€107 | |
| Recurring financial charges | 65 | - | €107 | +€107 | |
| Profit (loss) for the period before taxes | 9903 | -€1,602 | €16,678 | +€18,280 | |
| Income taxes | 67/77 | - | €86 | +€86 | |
| Profit (loss) for the period | 9904 | -€1,602 | €16,592 | +€18,194 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,602 | €16,592 | +€18,194 |
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 23 October 2026 via checked.be.