ADLOM: 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.
ADLOM
Largest movements
- Receivables within one year -€88,749
down €88,749 (-61.2%), from €145,084 to €56,334
of which Trade receivables: -€73,679
- Cash +€59,655
up €59,655 (+43.6%), from €136,760 to €196,415
mainly Debts after one year (+€165,544) and Other debts (+€96,584)
- Tangible fixed assets +€33,381
up €33,381 (+15.7%), from €213,034 to €246,415
of which Land and buildings: +€25,058
- Short-term financial debts -€190,000
down €190,000 (-100%), from €190,000 to €0
- Debts after one year +€165,544
up €165,544 (+662%), from €25,000 to €190,544
- Other debts +€96,584
up €96,584 (+114%), from €84,825 to €181,409
- Reserves -€56,893
down €56,893 (-47.0%), from €120,936 to €64,043
- Tax, wage and social debts -€23,966
down €23,966 (-41.9%), from €57,188 to €33,223
of which Taxes: -€26,955
- Depreciation +€38,119
up €38,119 (+4,845%), from €787 to €38,906
- Gross operating margin -€27,938
down €27,938 (-12.4%), from €224,848 to €196,910
- Taxes -€17,865
down €17,865 (-49.8%), from €35,859 to €17,994
- Financial charges +€4,400
up €4,400 (+29.3%), from €15,004 to €19,403
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 | €497,766 | €504,369 | +€6,604 | +1.3% |
| Fixed assets | 21/28 | €213,034 | €246,415 | +€33,381 | +15.7% |
| Tangible fixed assets | 22/27 | €213,034 | €246,415 | +€33,381 | +15.7% |
| Land and buildings | 22 | €212,402 | €237,460 | +€25,058 | +11.8% |
| Plant, machinery and equipment | 23 | - | €324 | +€324 | |
| Furniture and vehicles | 24 | €632 | €8,631 | +€7,999 | +1,266% |
| Current assets | 29/58 | €284,732 | €257,954 | -€26,777 | -9.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €145,084 | €56,334 | -€88,749 | -61.2% |
| Trade receivables | 40 | €95,084 | €21,405 | -€73,679 | -77.5% |
| Other amounts receivable | 41 | €50,000 | €34,929 | -€15,071 | -30.1% |
| Cash at bank and in hand | 54/58 | €136,760 | €196,415 | +€59,655 | +43.6% |
| Deferred charges and accrued income | 490/1 | €2,888 | €5,205 | +€2,317 | +80.2% |
| Total equity and liabilities | 10/49 | €497,766 | €504,369 | +€6,604 | +1.3% |
| Equity | 10/15 | €122,936 | €66,043 | -€56,893 | -46.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €120,936 | €64,043 | -€56,893 | -47.0% |
| Distributable reserves | 133 | €120,936 | €64,043 | -€56,893 | -47.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €374,830 | €438,327 | +€63,497 | +16.9% |
| Amounts payable after more than one year | 17 | €25,000 | €190,544 | +€165,544 | +662% |
| Financial debts | 170/4 | €25,000 | €190,544 | +€165,544 | +662% |
| Amounts payable within one year | 42/48 | €346,756 | €244,387 | -€102,369 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €13,500 | €22,030 | +€8,530 | +63.2% |
| Financial debts | 43 | €190,000 | €0 | -€190,000 | -100% |
| Credit institutions | 430/8 | €190,000 | €0 | -€190,000 | -100% |
| Trade debts | 44 | €1,242 | €7,725 | +€6,483 | +522% |
| Suppliers | 440/4 | €1,242 | €7,725 | +€6,483 | +522% |
| Taxes, remuneration and social security | 45 | €57,188 | €33,223 | -€23,966 | -41.9% |
| Taxes | 450/3 | €41,759 | €14,804 | -€26,955 | -64.5% |
| Remuneration and social security | 454/9 | €15,430 | €18,419 | +€2,990 | +19.4% |
| Other amounts payable | 47/48 | €84,825 | €181,409 | +€96,584 | +114% |
| Accrued charges and deferred income | 492/3 | €3,074 | €3,395 | +€321 | +10.4% |
| Remuneration, social security and pensions | 62 | €54,091 | €55,997 | +€1,906 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €787 | €38,906 | +€38,119 | +4,845% |
| Other operating charges | 640/8 | €650 | €881 | +€231 | +35.5% |
| Gross operating margin | 9900 | €224,848 | €196,910 | -€27,938 | -12.4% |
| Operating profit (loss) | 9901 | €169,320 | €101,127 | -€68,193 | -40.3% |
| Financial income | 75/76B | €2,477 | €2,813 | +€335 | +13.5% |
| Recurring financial income | 75 | €2,477 | €2,813 | +€335 | +13.5% |
| Financial charges | 65/66B | €15,004 | €19,403 | +€4,400 | +29.3% |
| Recurring financial charges | 65 | €15,004 | €19,403 | +€4,400 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | €156,794 | €84,536 | -€72,258 | -46.1% |
| Income taxes | 67/77 | €35,859 | €17,994 | -€17,865 | -49.8% |
| Profit (loss) for the period | 9904 | €120,936 | €66,543 | -€54,393 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €120,936 | €66,543 | -€54,393 | -45.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.