ADMD CONSTRUCT: 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.
ADMD CONSTRUCT
Largest movements
- Receivables within one year -€19,120
down €19,120 (-12.4%), from €153,741 to €134,621
of which Other amounts receivable: -€25,589
- Profit (loss) carried forward -€12,450
down €12,450 (-8.9%), from €139,547 to €127,097
- Tax, wage and social debts -€4,036
down €4,036 (-92.9%), from €4,342 to €307
- Trade debts -€3,634
down €3,634 (-69.5%), from €5,226 to €1,592
- Turnover -€23,865
down €23,865 (-40.3%), from €59,260 to €35,395
- Purchases and services -€19,968
down €19,968 (-27.5%), from €72,664 to €52,697
- Gross operating margin -€3,898
down €3,898 (-29.1%), from -€13,404 to -€17,302
- Taxes -€2,514
down €2,514 (-89.1%), from €2,821 to €307
- Financial income -€2,104
down €2,104 (-26.9%), from €7,827 to €5,723
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 | €154,712 | €134,946 | -€19,766 | -12.8% |
| Current assets | 29/58 | €154,712 | €134,946 | -€19,766 | -12.8% |
| Amounts receivable within one year | 40/41 | €153,741 | €134,621 | -€19,120 | -12.4% |
| Trade receivables | 40 | €23,300 | €29,769 | +€6,469 | +27.8% |
| Other amounts receivable | 41 | €130,441 | €104,853 | -€25,589 | -19.6% |
| Cash at bank and in hand | 54/58 | €971 | €324 | -€647 | -66.6% |
| Total equity and liabilities | 10/49 | €154,712 | €134,946 | -€19,766 | -12.8% |
| Equity | 10/15 | €145,047 | €132,597 | -€12,450 | -8.6% |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,547 | €127,097 | -€12,450 | -8.9% |
| Amounts payable | 17/49 | €9,665 | €2,348 | -€7,316 | -75.7% |
| Amounts payable within one year | 42/48 | €9,665 | €2,348 | -€7,316 | -75.7% |
| Current portion of amounts payable after more than one year | 42 | €96 | €450 | +€354 | +366.9% |
| Trade debts | 44 | €5,226 | €1,592 | -€3,634 | -69.5% |
| Suppliers | 440/4 | €5,226 | €1,592 | -€3,634 | -69.5% |
| Taxes, remuneration and social security | 45 | €4,342 | €307 | -€4,036 | -92.9% |
| Taxes | 450/3 | €4,342 | €307 | -€4,036 | -92.9% |
| Turnover | 70 | €59,260 | €35,395 | -€23,865 | -40.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €72,664 | €52,697 | -€19,968 | -27.5% |
| Other operating charges | 640/8 | €506 | €440 | -€66 | -13.1% |
| Non-recurring operating charges | 66A | €7,667 | - | -€7,667 | |
| Gross operating margin | 9900 | -€13,404 | -€17,302 | -€3,898 | -29.1% |
| Operating profit (loss) | 9901 | -€21,577 | -€17,742 | +€3,836 | +17.8% |
| Financial income | 75/76B | €7,827 | €5,723 | -€2,104 | -26.9% |
| Recurring financial income | 75 | €7,827 | €5,723 | -€2,104 | -26.9% |
| Financial charges | 65/66B | €750 | €125 | -€625 | -83.4% |
| Recurring financial charges | 65 | €750 | €125 | -€625 | -83.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,500 | -€12,143 | +€2,357 | +16.3% |
| Income taxes | 67/77 | €2,821 | €307 | -€2,514 | -89.1% |
| Profit (loss) for the period | 9904 | -€17,321 | -€12,450 | +€4,871 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,321 | -€12,450 | +€4,871 | +28.1% |
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 9 October 2026 via checked.be.