ADMASS: 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.
ADMASS
Largest movements
- Cash +€12,473
up €12,473 (+776%), from €1,608 to €14,080
mainly Depreciation (+€9,459) and Tax, wage and social debts (+€8,395)
- Tangible fixed assets -€9,459
down €9,459 (-63.2%), from €14,958 to €5,499
of which Furniture and vehicles: -€9,459
- Receivables within one year +€6,335
up €6,335 (+975%), from €650 to €6,985
of which Trade receivables: +€6,401
- Deferred charges and accrued income -€1,236
down €1,236 (-99.3%), from €1,244 to €8
- Tax, wage and social debts +€8,395
up €8,395 (+204%), from €4,125 to €12,520
of which Remuneration and social security: +€4,590
- Debts after one year -€5,104
down €5,104 (-93.3%), from €5,469 to €365
- Profit (loss) carried forward +€4,384
up €4,384 (+35.1%), from -€12,494 to -€8,110
- Current portion of long-term debt -€772
down €772 (-13.1%), from €5,876 to €5,104
- Other debts +€615
up €615 (+13.9%), from €4,428 to €5,044
- Gross operating margin +€10,173
up €10,173 (+196%), from €5,185 to €15,358
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 | €18,485 | €26,597 | +€8,113 | +43.9% |
| Fixed assets | 21/28 | €14,983 | €5,524 | -€9,459 | -63.1% |
| Tangible fixed assets | 22/27 | €14,958 | €5,499 | -€9,459 | -63.2% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €14,958 | €5,499 | -€9,459 | -63.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €3,502 | €21,073 | +€17,572 | +502% |
| Amounts receivable within one year | 40/41 | €650 | €6,985 | +€6,335 | +975% |
| Trade receivables | 40 | €584 | €6,985 | +€6,401 | +1,097% |
| Other amounts receivable | 41 | €66 | €0 | -€66 | -100% |
| Cash at bank and in hand | 54/58 | €1,608 | €14,080 | +€12,473 | +776% |
| Deferred charges and accrued income | 490/1 | €1,244 | €8 | -€1,236 | -99.3% |
| Total equity and liabilities | 10/49 | €18,485 | €26,597 | +€8,113 | +43.9% |
| Equity | 10/15 | -€2,839 | €1,545 | +€4,384 | |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €3,458 | €3,458 | = | 0.0% |
| Distributable reserves | 133 | €3,458 | €3,458 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,494 | -€8,110 | +€4,384 | +35.1% |
| Amounts payable | 17/49 | €21,324 | €25,052 | +€3,729 | +17.5% |
| Amounts payable after more than one year | 17 | €5,469 | €365 | -€5,104 | -93.3% |
| Financial debts | 170/4 | €5,469 | €365 | -€5,104 | -93.3% |
| Amounts payable within one year | 42/48 | €15,855 | €24,687 | +€8,833 | +55.7% |
| Current portion of amounts payable after more than one year | 42 | €5,876 | €5,104 | -€772 | -13.1% |
| Trade debts | 44 | €1,425 | €2,020 | +€595 | +41.7% |
| Suppliers | 440/4 | €1,425 | €2,020 | +€595 | +41.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,125 | €12,520 | +€8,395 | +204% |
| Taxes | 450/3 | €1,725 | €5,530 | +€3,805 | +221% |
| Remuneration and social security | 454/9 | €2,400 | €6,990 | +€4,590 | +191% |
| Other amounts payable | 47/48 | €4,428 | €5,044 | +€615 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,565 | €9,459 | -€106 | -1.1% |
| Other operating charges | 640/8 | €635 | €717 | +€82 | +12.9% |
| Gross operating margin | 9900 | €5,185 | €15,358 | +€10,173 | +196% |
| Operating profit (loss) | 9901 | -€5,015 | €5,182 | +€10,197 | |
| Financial income | 75/76B | €7 | €0 | -€7 | -100% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100% |
| Financial charges | 65/66B | €706 | €657 | -€49 | -6.9% |
| Recurring financial charges | 65 | €706 | €657 | -€49 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,714 | €4,525 | +€10,239 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€5,853 | €4,384 | +€10,237 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,853 | €4,384 | +€10,237 |
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 16 October 2026 via checked.be.