ADMEL: 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.
ADMEL
Largest movements
- Cash +€79,638
up €79,638 (+89.6%), from €88,902 to €168,541
mainly Net result for the year (+€44,968) and Tax, wage and social debts (+€29,413)
- Receivables within one year +€4,341
up €4,341 (+124.7%), from €3,482 to €7,823
of which Trade receivables: +€6,029
- Deferred charges and accrued income +€3,058
up €3,058 (+148.6%), from €2,058 to €5,116
- Tangible fixed assets -€2,412
down €2,412 (-46.7%), from €5,167 to €2,755
of which Furniture and vehicles: -€1,689
- Profit (loss) carried forward +€44,968
up €44,968 (+79.7%), from €56,389 to €101,357
- Tax, wage and social debts +€29,413
up €29,413 (+692.1%), from €4,250 to €33,663
of which Taxes: +€15,871
- Trade debts +€9,685
up €9,685 (+67.9%), from €14,263 to €23,948
- Gross operating margin +€91,832
up €91,832 (+533.9%), from €17,201 to €109,033
- Taxes +€42,401
up €42,401, from -€16,253 to €26,148
- Staff costs +€26,211
up €26,211 (+567.8%), from €4,616 to €30,828
- Other operating charges +€1,561
up €1,561 (+58.4%), from €2,670 to €4,231
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,162 | €189,344 | +€85,182 | +81.8% |
| Fixed assets | 21/28 | €9,417 | €7,005 | -€2,412 | -25.6% |
| Tangible fixed assets | 22/27 | €5,167 | €2,755 | -€2,412 | -46.7% |
| Plant, machinery and equipment | 23 | €2,710 | €1,988 | -€723 | -26.7% |
| Furniture and vehicles | 24 | €2,456 | €767 | -€1,689 | -68.8% |
| Financial fixed assets | 28 | €4,250 | €4,250 | = | 0.0% |
| Current assets | 29/58 | €94,746 | €182,340 | +€87,594 | +92.5% |
| Stocks and contracts in progress | 3 | €304 | €860 | +€556 | +183.3% |
| Stocks | 30/36 | €304 | €860 | +€556 | +183.3% |
| Amounts receivable within one year | 40/41 | €3,482 | €7,823 | +€4,341 | +124.7% |
| Trade receivables | 40 | - | €6,029 | +€6,029 | |
| Other amounts receivable | 41 | €3,482 | €1,795 | -€1,688 | -48.5% |
| Cash at bank and in hand | 54/58 | €88,902 | €168,541 | +€79,638 | +89.6% |
| Deferred charges and accrued income | 490/1 | €2,058 | €5,116 | +€3,058 | +148.6% |
| Total equity and liabilities | 10/49 | €104,162 | €189,344 | +€85,182 | +81.8% |
| Equity | 10/15 | €74,449 | €119,417 | +€44,968 | +60.4% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,389 | €101,357 | +€44,968 | +79.7% |
| Amounts payable | 17/49 | €29,714 | €69,927 | +€40,213 | +135.3% |
| Amounts payable within one year | 42/48 | €29,714 | €69,927 | +€40,213 | +135.3% |
| Trade debts | 44 | €14,263 | €23,948 | +€9,685 | +67.9% |
| Suppliers | 440/4 | €14,263 | €23,948 | +€9,685 | +67.9% |
| Taxes, remuneration and social security | 45 | €4,250 | €33,663 | +€29,413 | +692.1% |
| Taxes | 450/3 | €3,533 | €19,404 | +€15,871 | +449.2% |
| Remuneration and social security | 454/9 | €717 | €14,259 | +€13,542 | +1890.0% |
| Other amounts payable | 47/48 | €11,201 | €12,316 | +€1,115 | +10.0% |
| Remuneration, social security and pensions | 62 | €4,616 | €30,828 | +€26,211 | +567.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,645 | €2,412 | +€767 | +46.6% |
| Other operating charges | 640/8 | €2,670 | €4,231 | +€1,561 | +58.4% |
| Gross operating margin | 9900 | €17,201 | €109,033 | +€91,832 | +533.9% |
| Operating profit (loss) | 9901 | €8,269 | €71,562 | +€63,293 | +765.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | +640.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +640.0% |
| Financial charges | 65/66B | €675 | €446 | -€229 | -33.9% |
| Recurring financial charges | 65 | €675 | €446 | -€229 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €7,594 | €71,116 | +€63,522 | +836.4% |
| Income taxes | 67/77 | -€16,253 | €26,148 | +€42,401 | |
| Profit (loss) for the period | 9904 | €23,848 | €44,968 | +€21,120 | +88.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,848 | €44,968 | +€21,120 | +88.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.