AdMedic: 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.
AdMedic
Largest movements
- Tangible fixed assets +€41,639
up €41,639 (+52.6%), from €79,205 to €120,844
of which Other tangible fixed assets: +€54,798
- Receivables within one year -€4,549
down €4,549 (-9.7%), from €46,954 to €42,406
of which Trade receivables: -€4,197
- Cash -€2,466
down €2,466 (-51.8%), from €4,765 to €2,299
mainly Investment in fixed assets (net) (-€62,070) and Tax, wage and social debts (-€1,557)
- Debts after one year +€21,909
up €21,909 (+47.5%), from €46,167 to €68,076
- Other debts +€4,800
up €4,800 (+23.5%), from €20,387 to €25,187
- Current portion of long-term debt +€4,462
up €4,462 (+21.3%), from €20,934 to €25,396
- Profit (loss) carried forward +€2,620
up €2,620 (+60.1%), from -€4,360 to -€1,740
- Gross operating margin +€11,604
up €11,604 (+60.3%), from €19,239 to €30,843
- Taxes +€1,753
up €1,753 (+931.7%), from €188 to €1,941
- Financial charges +€1,590
up €1,590 (+51.5%), from €3,090 to €4,680
- Depreciation +€837
up €837 (+4.3%), from €19,594 to €20,431
- Other operating charges +€415
up €415 (+31.8%), from €1,304 to €1,720
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 | €136,986 | €170,852 | +€33,866 | +24.7% |
| Fixed assets | 21/28 | €82,889 | €124,528 | +€41,639 | +50.2% |
| Tangible fixed assets | 22/27 | €79,205 | €120,844 | +€41,639 | +52.6% |
| Plant, machinery and equipment | 23 | €1,554 | €1,121 | -€432 | -27.8% |
| Furniture and vehicles | 24 | €77,651 | €64,925 | -€12,727 | -16.4% |
| Other tangible fixed assets | 26 | - | €54,798 | +€54,798 | |
| Financial fixed assets | 28 | €3,684 | €3,684 | = | 0.0% |
| Current assets | 29/58 | €54,098 | €46,325 | -€7,773 | -14.4% |
| Amounts receivable within one year | 40/41 | €46,954 | €42,406 | -€4,549 | -9.7% |
| Trade receivables | 40 | €4,197 | €0 | -€4,197 | -100.0% |
| Other amounts receivable | 41 | €42,758 | €42,406 | -€352 | -0.8% |
| Current investments | 50/53 | - | €10 | +€10 | |
| Cash at bank and in hand | 54/58 | €4,765 | €2,299 | -€2,466 | -51.8% |
| Deferred charges and accrued income | 490/1 | €2,378 | €1,610 | -€768 | -32.3% |
| Total equity and liabilities | 10/49 | €136,986 | €170,852 | +€33,866 | +24.7% |
| Equity | 10/15 | €42,442 | €45,062 | +€2,620 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,202 | €28,202 | = | 0.0% |
| Distributable reserves | 133 | €28,202 | €28,202 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,360 | -€1,740 | +€2,620 | +60.1% |
| Amounts payable | 17/49 | €94,544 | €125,790 | +€31,245 | +33.0% |
| Amounts payable after more than one year | 17 | €46,167 | €68,076 | +€21,909 | +47.5% |
| Financial debts | 170/4 | €46,167 | €68,076 | +€21,909 | +47.5% |
| Amounts payable within one year | 42/48 | €48,378 | €57,714 | +€9,336 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | €20,934 | €25,396 | +€4,462 | +21.3% |
| Trade debts | 44 | €3,741 | €5,371 | +€1,630 | +43.6% |
| Suppliers | 440/4 | €3,741 | €5,371 | +€1,630 | +43.6% |
| Taxes, remuneration and social security | 45 | €3,316 | €1,759 | -€1,557 | -46.9% |
| Taxes | 450/3 | €3,316 | €1,759 | -€1,557 | -46.9% |
| Other amounts payable | 47/48 | €20,387 | €25,187 | +€4,800 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,594 | €20,431 | +€837 | +4.3% |
| Other operating charges | 640/8 | €1,304 | €1,720 | +€415 | +31.8% |
| Gross operating margin | 9900 | €19,239 | €30,843 | +€11,604 | +60.3% |
| Operating profit (loss) | 9901 | -€1,660 | €8,693 | +€10,352 | |
| Financial income | 75/76B | €577 | €548 | -€29 | -5.0% |
| Recurring financial income | 75 | €577 | €548 | -€29 | -5.0% |
| Financial charges | 65/66B | €3,090 | €4,680 | +€1,590 | +51.5% |
| Recurring financial charges | 65 | €3,090 | €4,680 | +€1,590 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,172 | €4,561 | +€8,733 | |
| Income taxes | 67/77 | €188 | €1,941 | +€1,753 | +931.7% |
| Profit (loss) for the period | 9904 | -€4,360 | €2,620 | +€6,981 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,360 | €2,620 | +€6,981 |
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 4 October 2026 via checked.be.