ADMEVA: 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.
ADMEVA
Largest movements
- Tangible fixed assets -€10,662
down €10,662 (-5.2%), from €204,216 to €193,554
of which Land and buildings: -€7,662
- Receivables within one year -€9,437
down €9,437 (-40.3%), from €23,438 to €14,001
of which Trade receivables: -€12,469
- Cash -€8,137
down €8,137 (-42.8%), from €19,013 to €10,876
mainly Debts after one year (-€30,805) and Trade debts (-€15,169)
- Debts after one year -€30,805
down €30,805 (-14.3%), from €215,057 to €184,252
- Profit (loss) carried forward +€23,271
up €23,271 (+100.0%), from -€23,273 to -€2
- Trade debts -€15,169
down €15,169 (-81.4%), from €18,641 to €3,472
- Other debts -€10,043
down €10,043 (-58.4%), from €17,194 to €7,151
- Tax, wage and social debts +€2,807
up €2,807 (+50.9%), from €5,511 to €8,318
of which Taxes: +€6,391
- Gross operating margin +€17,074
up €17,074 (+62.6%), from €27,293 to €44,366
- Depreciation +€9,827
up €9,827 (+1,177%), from €835 to €10,662
- Other operating charges +€2,490
up €2,490 (+144%), from €1,724 to €4,214
- Taxes +€1,863
new in 2025: €1,863
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 | €274,167 | €246,144 | -€28,023 | -10.2% |
| Fixed assets | 21/28 | €231,716 | €221,054 | -€10,662 | -4.6% |
| Tangible fixed assets | 22/27 | €204,216 | €193,554 | -€10,662 | -5.2% |
| Land and buildings | 22 | €195,244 | €187,582 | -€7,662 | -3.9% |
| Plant, machinery and equipment | 23 | €1,495 | €995 | -€500 | -33.4% |
| Furniture and vehicles | 24 | €7,477 | €4,977 | -€2,500 | -33.4% |
| Financial fixed assets | 28 | €27,500 | €27,500 | = | 0.0% |
| Current assets | 29/58 | €42,451 | €25,089 | -€17,362 | -40.9% |
| Amounts receivable within one year | 40/41 | €23,438 | €14,001 | -€9,437 | -40.3% |
| Trade receivables | 40 | €20,636 | €8,168 | -€12,469 | -60.4% |
| Other amounts receivable | 41 | €2,802 | €5,833 | +€3,031 | +108% |
| Cash at bank and in hand | 54/58 | €19,013 | €10,876 | -€8,137 | -42.8% |
| Deferred charges and accrued income | 490/1 | - | €213 | +€213 | |
| Total equity and liabilities | 10/49 | €274,167 | €246,144 | -€28,023 | -10.2% |
| Equity | 10/15 | -€2,813 | €20,458 | +€23,271 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€23,273 | -€2 | +€23,271 | +100.0% |
| Amounts payable | 17/49 | €276,980 | €225,685 | -€51,295 | -18.5% |
| Amounts payable after more than one year | 17 | €215,057 | €184,252 | -€30,805 | -14.3% |
| Financial debts | 170/4 | €215,057 | €184,252 | -€30,805 | -14.3% |
| Amounts payable within one year | 42/48 | €54,905 | €32,747 | -€22,159 | -40.4% |
| Current portion of amounts payable after more than one year | 42 | €13,559 | €13,805 | +€247 | +1.8% |
| Trade debts | 44 | €18,641 | €3,472 | -€15,169 | -81.4% |
| Suppliers | 440/4 | €18,641 | €3,472 | -€15,169 | -81.4% |
| Taxes, remuneration and social security | 45 | €5,511 | €8,318 | +€2,807 | +50.9% |
| Taxes | 450/3 | €1,927 | €8,318 | +€6,391 | +332% |
| Remuneration and social security | 454/9 | €3,584 | €0 | -€3,584 | -100% |
| Other amounts payable | 47/48 | €17,194 | €7,151 | -€10,043 | -58.4% |
| Accrued charges and deferred income | 492/3 | €7,017 | €8,687 | +€1,670 | +23.8% |
| Non-recurring operating income | 76A | €1,980 | €299 | -€1,681 | -84.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €835 | €10,662 | +€9,827 | +1,177% |
| Other operating charges | 640/8 | €1,724 | €4,214 | +€2,490 | +144% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €27,293 | €44,366 | +€17,074 | +62.6% |
| Operating profit (loss) | 9901 | €24,734 | €29,491 | +€4,757 | +19.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €4,208 | €4,357 | +€149 | +3.5% |
| Recurring financial charges | 65 | €4,208 | €4,357 | +€149 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €20,527 | €25,134 | +€4,608 | +22.4% |
| Income taxes | 67/77 | - | €1,863 | +€1,863 | |
| Profit (loss) for the period | 9904 | €20,527 | €23,271 | +€2,745 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,527 | €23,271 | +€2,745 | +13.4% |
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 24 October 2026 via checked.be.