ADL TRANS: 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 TRANS
Largest movements
- Tangible fixed assets -€44,301
down €44,301 (-18.5%), from €239,665 to €195,364
of which Furniture and vehicles: -€42,359
- Cash +€27,859
up €27,859 (+17.1%), from €162,538 to €190,396
mainly Depreciation (+€73,111) and Other debts (+€51,546)
- Receivables within one year -€19,990
down €19,990 (-34.6%), from €57,804 to €37,814
of which Trade receivables: -€18,324
- Deferred charges and accrued income -€18,505
down €18,505 (-17.9%), from €103,573 to €85,067
- Debts after one year -€67,382
down €67,382 (-30.4%), from €221,865 to €154,483
of which Financial debts: -€136,968
- Other debts +€51,546
up €51,546 (+75.0%), from €68,697 to €120,243
- Reserves -€45,855
down €45,855 (-20.2%), from €227,371 to €181,516
of which Tax-exempt reserves: -€56,500
- Trade debts +€6,887
up €6,887 (+59.0%), from €11,672 to €18,559
- Depreciation +€18,617
up €18,617 (+34.2%), from €54,493 to €73,111
- Taxes +€10,933
up €10,933 (+126%), from €8,652 to €19,585
- Gross operating margin -€6,416
down €6,416 (-5.7%), from €113,068 to €106,651
- Financial charges +€4,929
up €4,929 (+83.1%), from €5,930 to €10,859
- Other operating charges +€1,209
up €1,209 (+7.1%), from €17,105 to €18,314
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 | €607,519 | €546,745 | -€60,774 | -10.0% |
| Fixed assets | 21/28 | €251,431 | €203,820 | -€47,611 | -18.9% |
| Intangible fixed assets | 21 | €10,830 | €7,521 | -€3,310 | -30.6% |
| Tangible fixed assets | 22/27 | €239,665 | €195,364 | -€44,301 | -18.5% |
| Plant, machinery and equipment | 23 | €7,412 | €5,469 | -€1,943 | -26.2% |
| Furniture and vehicles | 24 | €232,253 | €189,895 | -€42,359 | -18.2% |
| Financial fixed assets | 28 | €936 | €936 | = | 0.0% |
| Current assets | 29/58 | €356,088 | €342,925 | -€13,163 | -3.7% |
| Stocks and contracts in progress | 3 | €32,174 | €29,648 | -€2,526 | -7.9% |
| Stocks | 30/36 | €32,174 | €29,648 | -€2,526 | -7.9% |
| Amounts receivable within one year | 40/41 | €57,804 | €37,814 | -€19,990 | -34.6% |
| Trade receivables | 40 | €53,700 | €35,376 | -€18,324 | -34.1% |
| Other amounts receivable | 41 | €4,104 | €2,438 | -€1,666 | -40.6% |
| Cash at bank and in hand | 54/58 | €162,538 | €190,396 | +€27,859 | +17.1% |
| Deferred charges and accrued income | 490/1 | €103,573 | €85,067 | -€18,505 | -17.9% |
| Total equity and liabilities | 10/49 | €607,519 | €546,745 | -€60,774 | -10.0% |
| Equity | 10/15 | €233,571 | €187,716 | -€45,855 | -19.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €227,371 | €181,516 | -€45,855 | -20.2% |
| Tax-exempt reserves | 132 | €56,500 | €0 | -€56,500 | -100% |
| Distributable reserves | 133 | €170,871 | €181,516 | +€10,645 | +6.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €373,948 | €359,030 | -€14,919 | -4.0% |
| Amounts payable after more than one year | 17 | €221,865 | €154,483 | -€67,382 | -30.4% |
| Financial debts | 170/4 | €221,865 | €84,897 | -€136,968 | -61.7% |
| Other amounts payable | 178/9 | - | €69,586 | +€69,586 | |
| Amounts payable within one year | 42/48 | €140,248 | €195,301 | +€55,052 | +39.3% |
| Current portion of amounts payable after more than one year | 42 | €48,328 | €49,556 | +€1,228 | +2.5% |
| Trade debts | 44 | €11,672 | €18,559 | +€6,887 | +59.0% |
| Suppliers | 440/4 | €11,672 | €18,559 | +€6,887 | +59.0% |
| Taxes, remuneration and social security | 45 | €11,551 | €6,942 | -€4,608 | -39.9% |
| Taxes | 450/3 | €11,551 | €6,942 | -€4,608 | -39.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €68,697 | €120,243 | +€51,546 | +75.0% |
| Accrued charges and deferred income | 492/3 | €11,835 | €9,246 | -€2,589 | -21.9% |
| Non-recurring operating income | 76A | €16,000 | €0 | -€16,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,493 | €73,111 | +€18,617 | +34.2% |
| Other operating charges | 640/8 | €17,105 | €18,314 | +€1,209 | +7.1% |
| Gross operating margin | 9900 | €113,068 | €106,651 | -€6,416 | -5.7% |
| Operating profit (loss) | 9901 | €41,469 | €15,226 | -€26,243 | -63.3% |
| Financial income | 75/76B | €236 | €514 | +€278 | +118% |
| Recurring financial income | 75 | €236 | €514 | +€278 | +118% |
| Financial charges | 65/66B | €5,930 | €10,859 | +€4,929 | +83.1% |
| Recurring financial charges | 65 | €5,930 | €10,859 | +€4,929 | +83.1% |
| Profit (loss) for the period before taxes | 9903 | €35,775 | €4,882 | -€30,893 | -86.4% |
| Transfer from deferred taxes | 780 | - | €56,500 | +€56,500 | |
| Income taxes | 67/77 | €8,652 | €19,585 | +€10,933 | +126% |
| Profit (loss) for the period | 9904 | €27,123 | €41,797 | +€14,674 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,123 | €41,797 | +€14,674 | +54.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.