Admax 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.
Admax Consulting
Largest movements
- Cash +€18,409
up €18,409 (+31.4%), from €58,615 to €77,024
mainly Net result for the year (+€25,966) and Receivables within one year (+€7,196)
- Tangible fixed assets +€12,560
up €12,560 (+212%), from €5,935 to €18,495
of which Furniture and vehicles: +€10,484
- Receivables within one year -€7,196
down €7,196 (-23.4%), from €30,732 to €23,536
of which Trade receivables: -€8,618
- Deferred charges and accrued income +€2,257
up €2,257 (+179%), from €1,260 to €3,517
- Profit (loss) carried forward +€25,966
up €25,966 (+30.2%), from €85,967 to €111,933
- Trade debts -€2,048
down €2,048 (-27.4%), from €7,469 to €5,421
- Other debts +€1,548
up €1,548 (+144%), from €1,074 to €2,622
- Gross operating margin +€22,717
up €22,717 (+124%), from €18,319 to €41,036
- Other operating charges -€6,000
down €6,000 (-85.6%), from €7,010 to €1,010
- Taxes +€5,334
up €5,334 (+243%), from €2,195 to €7,529
- Depreciation +€946
up €946 (+22.6%), from €4,187 to €5,133
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 | €99,094 | €124,464 | +€25,370 | +25.6% |
| Fixed assets | 21/28 | €8,487 | €20,387 | +€11,900 | +140% |
| Intangible fixed assets | 21 | €2,552 | €1,892 | -€660 | -25.9% |
| Tangible fixed assets | 22/27 | €5,935 | €18,495 | +€12,560 | +212% |
| Plant, machinery and equipment | 23 | €2,416 | €4,492 | +€2,076 | +85.9% |
| Furniture and vehicles | 24 | €3,519 | €14,003 | +€10,484 | +298% |
| Current assets | 29/58 | €90,607 | €104,077 | +€13,470 | +14.9% |
| Amounts receivable within one year | 40/41 | €30,732 | €23,536 | -€7,196 | -23.4% |
| Trade receivables | 40 | €22,877 | €14,259 | -€8,618 | -37.7% |
| Other amounts receivable | 41 | €7,855 | €9,277 | +€1,422 | +18.1% |
| Cash at bank and in hand | 54/58 | €58,615 | €77,024 | +€18,409 | +31.4% |
| Deferred charges and accrued income | 490/1 | €1,260 | €3,517 | +€2,257 | +179% |
| Total equity and liabilities | 10/49 | €99,094 | €124,464 | +€25,370 | +25.6% |
| Equity | 10/15 | €86,967 | €112,933 | +€25,966 | +29.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,967 | €111,933 | +€25,966 | +30.2% |
| Amounts payable | 17/49 | €12,127 | €11,531 | -€596 | -4.9% |
| Amounts payable within one year | 42/48 | €12,087 | €11,531 | -€556 | -4.6% |
| Trade debts | 44 | €7,469 | €5,421 | -€2,048 | -27.4% |
| Suppliers | 440/4 | €7,469 | €5,421 | -€2,048 | -27.4% |
| Taxes, remuneration and social security | 45 | €3,544 | €3,488 | -€56 | -1.6% |
| Taxes | 450/3 | €3,544 | €3,488 | -€56 | -1.6% |
| Other amounts payable | 47/48 | €1,074 | €2,622 | +€1,548 | +144% |
| Accrued charges and deferred income | 492/3 | €40 | - | -€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,187 | €5,133 | +€946 | +22.6% |
| Other operating charges | 640/8 | €7,010 | €1,010 | -€6,000 | -85.6% |
| Gross operating margin | 9900 | €18,319 | €41,036 | +€22,717 | +124% |
| Operating profit (loss) | 9901 | €7,122 | €34,893 | +€27,771 | +390% |
| Financial income | 75/76B | €141 | €316 | +€175 | +124% |
| Recurring financial income | 75 | €141 | €316 | +€175 | +124% |
| Financial charges | 65/66B | €1,388 | €1,714 | +€326 | +23.5% |
| Recurring financial charges | 65 | €1,388 | €1,714 | +€326 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €5,875 | €33,495 | +€27,620 | +470% |
| Income taxes | 67/77 | €2,195 | €7,529 | +€5,334 | +243% |
| Profit (loss) for the period | 9904 | €3,680 | €25,966 | +€22,286 | +606% |
| Profit (loss) for the period to be appropriated | 9905 | €3,680 | €25,966 | +€22,286 | +606% |
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 13 October 2026 via checked.be.