ADLOR CONSULTING: 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.
ADLOR CONSULTING
Largest movements
- Tangible fixed assets +€195,817
up €195,817 (+41.5%), from €471,784 to €667,602
of which Land and buildings: +€195,328
- Current investments +€149,390
up €149,390 (+66.4%), from €225,119 to €374,509
- Cash -€99,957
down €99,957 (-25.4%), from €393,778 to €293,821
mainly Investment in fixed assets (net) (-€219,174) and Contributions, distributions and other (-€190,000)
- Receivables within one year +€20,130
up €20,130 (+138%), from €14,545 to €34,674
of which Trade receivables: +€20,122
- Other debts +€178,322
up €178,322 (+14,647%), from €1,217 to €179,539
- Debts after one year +€106,465
up €106,465 (+427%), from €24,934 to €131,400
- Reserves -€24,699
down €24,699 (-2.4%), from €1.0m to €1.0m
- Gross operating margin +€35,087
up €35,087 (+15.4%), from €228,514 to €263,601
- Taxes +€13,868
up €13,868 (+23.2%), from €59,708 to €73,576
- Other operating charges -€6,787
down €6,787 (-83.7%), from €8,105 to €1,318
- Depreciation +€4,131
up €4,131 (+21.5%), from €19,226 to €23,357
- Financial income +€3,943
up €3,943 (+73.4%), from €5,373 to €9,316
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 | €1,106,015 | €1,371,165 | +€265,150 | +24.0% |
| Fixed assets | 21/28 | €471,931 | €667,748 | +€195,817 | +41.5% |
| Tangible fixed assets | 22/27 | €471,784 | €667,602 | +€195,817 | +41.5% |
| Land and buildings | 22 | €446,227 | €641,555 | +€195,328 | +43.8% |
| Plant, machinery and equipment | 23 | €22,736 | €21,477 | -€1,259 | -5.5% |
| Furniture and vehicles | 24 | €2,822 | €4,570 | +€1,748 | +61.9% |
| Financial fixed assets | 28 | €147 | €147 | = | 0.0% |
| Current assets | 29/58 | €634,084 | €703,416 | +€69,332 | +10.9% |
| Amounts receivable within one year | 40/41 | €14,545 | €34,674 | +€20,130 | +138% |
| Trade receivables | 40 | €14,545 | €34,667 | +€20,122 | +138% |
| Other amounts receivable | 41 | - | €8 | +€8 | |
| Current investments | 50/53 | €225,119 | €374,509 | +€149,390 | +66.4% |
| Cash at bank and in hand | 54/58 | €393,778 | €293,821 | -€99,957 | -25.4% |
| Deferred charges and accrued income | 490/1 | €642 | €412 | -€230 | -35.9% |
| Total equity and liabilities | 10/49 | €1,106,015 | €1,371,165 | +€265,150 | +24.0% |
| Equity | 10/15 | €1,033,280 | €1,008,581 | -€24,699 | -2.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,027,080 | €1,002,381 | -€24,699 | -2.4% |
| Distributable reserves | 133 | €1,027,080 | €1,002,381 | -€24,699 | -2.4% |
| Amounts payable | 17/49 | €72,735 | €362,584 | +€289,849 | +398% |
| Amounts payable after more than one year | 17 | €24,934 | €131,400 | +€106,465 | +427% |
| Financial debts | 170/4 | €24,934 | €131,400 | +€106,465 | +427% |
| Amounts payable within one year | 42/48 | €47,801 | €231,184 | +€183,384 | +384% |
| Current portion of amounts payable after more than one year | 42 | €8,059 | €8,674 | +€615 | +7.6% |
| Trade debts | 44 | €1,250 | €6,460 | +€5,210 | +417% |
| Suppliers | 440/4 | €1,250 | €6,460 | +€5,210 | +417% |
| Taxes, remuneration and social security | 45 | €37,274 | €36,511 | -€764 | -2.0% |
| Taxes | 450/3 | €37,274 | €31,738 | -€5,536 | -14.9% |
| Remuneration and social security | 454/9 | - | €4,772 | +€4,772 | |
| Other amounts payable | 47/48 | €1,217 | €179,539 | +€178,322 | +14,647% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,226 | €23,357 | +€4,131 | +21.5% |
| Other operating charges | 640/8 | €8,105 | €1,318 | -€6,787 | -83.7% |
| Gross operating margin | 9900 | €228,514 | €263,601 | +€35,087 | +15.4% |
| Operating profit (loss) | 9901 | €201,184 | €238,926 | +€37,742 | +18.8% |
| Financial income | 75/76B | €5,373 | €9,316 | +€3,943 | +73.4% |
| Recurring financial income | 75 | €5,373 | €9,316 | +€3,943 | +73.4% |
| Financial charges | 65/66B | €11,070 | €9,365 | -€1,706 | -15.4% |
| Recurring financial charges | 65 | €11,070 | €9,365 | -€1,706 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €195,486 | €238,877 | +€43,390 | +22.2% |
| Income taxes | 67/77 | €59,708 | €73,576 | +€13,868 | +23.2% |
| Profit (loss) for the period | 9904 | €135,778 | €165,301 | +€29,523 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €135,778 | €165,301 | +€29,523 | +21.7% |
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 14 October 2026 via checked.be.