ADM CONCEPT: what changed
Two fiscal 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.
ADM CONCEPT
Largest movements
- Receivables within one year -€62,346
down €62,346 (-45.2%), from €137,829 to €75,482
of which Trade receivables: -€61,767
- Tangible fixed assets -€16,296
down €16,296 (-5.2%), from €314,196 to €297,900
of which Other tangible fixed assets: -€13,060
- Cash +€6,925
up €6,925 (+56.9%), from €12,170 to €19,095
mainly Receivables within one year (+€62,346) and Depreciation (+€17,319)
- Debts after one year -€61,000
down €61,000 (-31.3%), from €195,000 to €134,000
- Trade debts -€22,058
down €22,058 (-41.3%), from €53,374 to €31,317
- Other debts +€15,811
up €15,811 (+10.4%), from €151,454 to €167,265
- Tax, wage and social debts -€5,707
down €5,707 (-33.8%), from €16,865 to €11,158
- Gross operating margin -€12,763
down €12,763 (-25.2%), from €50,612 to €37,849
- Taxes -€2,201
down €2,201 (-27.1%), from €8,112 to €5,911
- Depreciation -€1,519
down €1,519 (-8.1%), from €18,838 to €17,319
- Other operating charges -€1,305
down €1,305 (-77.1%), from €1,693 to €387
- Financial charges -€1,047
down €1,047 (-51.7%), from €2,022 to €976
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.
Cash bridge derived
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 | €468,034 | €393,725 | -€74,309 | -15.9% |
| Fixed assets | 21/28 | €314,496 | €298,200 | -€16,296 | -5.2% |
| Tangible fixed assets | 22/27 | €314,196 | €297,900 | -€16,296 | -5.2% |
| Plant, machinery and equipment | 23 | €2,880 | €1,920 | -€960 | -33.3% |
| Furniture and vehicles | 24 | €9,997 | €7,722 | -€2,276 | -22.8% |
| Other tangible fixed assets | 26 | €301,319 | €288,259 | -€13,060 | -4.3% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €153,538 | €95,525 | -€58,013 | -37.8% |
| Amounts receivable within one year | 40/41 | €137,829 | €75,482 | -€62,346 | -45.2% |
| Trade receivables | 40 | €137,249 | €75,482 | -€61,767 | -45.0% |
| Other amounts receivable | 41 | €580 | - | -€580 | |
| Cash at bank and in hand | 54/58 | €12,170 | €19,095 | +€6,925 | +56.9% |
| Deferred charges and accrued income | 490/1 | €3,539 | €947 | -€2,592 | -73.2% |
| Total equity and liabilities | 10/49 | €468,034 | €393,725 | -€74,309 | -15.9% |
| Equity | 10/15 | €23,356 | €21,613 | -€1,743 | -7.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,896 | €1,153 | -€1,743 | -60.2% |
| Amounts payable | 17/49 | €444,678 | €372,112 | -€72,566 | -16.3% |
| Amounts payable after more than one year | 17 | €195,000 | €134,000 | -€61,000 | -31.3% |
| Financial debts | 170/4 | €195,000 | €134,000 | -€61,000 | -31.3% |
| Amounts payable within one year | 42/48 | €221,694 | €209,741 | -€11,953 | -5.4% |
| Trade debts | 44 | €53,374 | €31,317 | -€22,058 | -41.3% |
| Suppliers | 440/4 | €53,374 | €31,317 | -€22,058 | -41.3% |
| Taxes, remuneration and social security | 45 | €16,865 | €11,158 | -€5,707 | -33.8% |
| Taxes | 450/3 | €16,865 | €11,158 | -€5,707 | -33.8% |
| Other amounts payable | 47/48 | €151,454 | €167,265 | +€15,811 | +10.4% |
| Accrued charges and deferred income | 492/3 | €27,984 | €28,371 | +€387 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,838 | €17,319 | -€1,519 | -8.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,043 | - | +€1,043 | |
| Other operating charges | 640/8 | €1,693 | €387 | -€1,305 | -77.1% |
| Gross operating margin | 9900 | €50,612 | €37,849 | -€12,763 | -25.2% |
| Operating profit (loss) | 9901 | €31,125 | €20,143 | -€10,981 | -35.3% |
| Financial income | 75/76B | €152 | €1 | -€151 | -99.3% |
| Recurring financial income | 75 | €152 | €1 | -€151 | -99.3% |
| Financial charges | 65/66B | €2,022 | €976 | -€1,047 | -51.7% |
| Recurring financial charges | 65 | €2,022 | €976 | -€1,047 | -51.7% |
| Profit (loss) for the period before taxes | 9903 | €29,254 | €19,168 | -€10,086 | -34.5% |
| Income taxes | 67/77 | €8,112 | €5,911 | -€2,201 | -27.1% |
| Profit (loss) for the period | 9904 | €21,142 | €13,257 | -€7,885 | -37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,142 | €13,257 | -€7,885 | -37.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.