ADM SUPPORT: 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.
ADM SUPPORT
Largest movements
- Receivables within one year -€19,737
down €19,737 (-4.0%), from €497,625 to €477,888
of which Other amounts receivable: -€17,937
- Current investments +€12,011
up €12,011 (+26.1%), from €46,049 to €58,060
- Cash -€7,868
down €7,868 (-64.2%), from €12,249 to €4,381
mainly Tax, wage and social debts (-€23,958) and Current investments (-€12,011)
- Tax, wage and social debts -€23,958
down €23,958 (-84.6%), from €28,321 to €4,363
- Reserves +€8,429
up €8,429 (+1.7%), from €487,001 to €495,430
- Gross operating margin -€76,376
down €76,376 (-85.9%), from €88,891 to €12,515
- Taxes -€21,175
down €21,175 (-86.8%), from €24,382 to €3,206
- Financial income -€1,238
no longer reported in 2025 (was €1,238)
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 | €556,338 | €540,765 | -€15,573 | -2.8% |
| Current assets | 29/58 | €556,338 | €540,765 | -€15,573 | -2.8% |
| Amounts receivable within one year | 40/41 | €497,625 | €477,888 | -€19,737 | -4.0% |
| Trade receivables | 40 | €3,600 | €1,800 | -€1,800 | -50.0% |
| Other amounts receivable | 41 | €494,025 | €476,088 | -€17,937 | -3.6% |
| Current investments | 50/53 | €46,049 | €58,060 | +€12,011 | +26.1% |
| Cash at bank and in hand | 54/58 | €12,249 | €4,381 | -€7,868 | -64.2% |
| Deferred charges and accrued income | 490/1 | €415 | €436 | +€20 | +4.9% |
| Total equity and liabilities | 10/49 | €556,338 | €540,765 | -€15,573 | -2.8% |
| Equity | 10/15 | €493,207 | €501,635 | +€8,429 | +1.7% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €487,001 | €495,430 | +€8,429 | +1.7% |
| Distributable reserves | 133 | €487,001 | €495,430 | +€8,429 | +1.7% |
| Amounts payable | 17/49 | €63,131 | €39,130 | -€24,002 | -38.0% |
| Amounts payable within one year | 42/48 | €62,541 | €39,130 | -€23,412 | -37.4% |
| Current portion of amounts payable after more than one year | 42 | €6,837 | €5,093 | -€1,744 | -25.5% |
| Trade debts | 44 | €0 | €2,290 | +€2,290 | |
| Suppliers | 440/4 | €0 | €2,290 | +€2,290 | |
| Taxes, remuneration and social security | 45 | €28,321 | €4,363 | -€23,958 | -84.6% |
| Taxes | 450/3 | €28,321 | €4,363 | -€23,958 | -84.6% |
| Other amounts payable | 47/48 | €27,384 | €27,384 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €590 | - | -€590 | |
| Other operating charges | 640/8 | €512 | €497 | -€14 | -2.8% |
| Gross operating margin | 9900 | €88,891 | €12,515 | -€76,376 | -85.9% |
| Operating profit (loss) | 9901 | €88,379 | €12,018 | -€76,361 | -86.4% |
| Financial income | 75/76B | €1,238 | - | -€1,238 | |
| Recurring financial income | 75 | €1,238 | - | -€1,238 | |
| Financial charges | 65/66B | €554 | €383 | -€171 | -30.9% |
| Recurring financial charges | 65 | €554 | €383 | -€171 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €89,062 | €11,635 | -€77,427 | -86.9% |
| Income taxes | 67/77 | €24,382 | €3,206 | -€21,175 | -86.8% |
| Profit (loss) for the period | 9904 | €64,681 | €8,429 | -€56,252 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €64,681 | €8,429 | -€56,252 | -87.0% |
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 22 October 2026 via checked.be.