ADMINCO: 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.
ADMINCO
Largest movements
- Receivables after one year +€23,777
new in 2026: €23,777
- Receivables within one year +€11,912
up €11,912 (+140.6%), from €8,470 to €20,382
of which Other amounts receivable: +€12,517
- Cash -€11,081
down €11,081 (-2.1%), from €533,179 to €522,098
mainly Receivables after one year (-€23,777) and Receivables within one year (-€11,912)
- Reserves +€30,800
up €30,800 (+5.7%), from €541,162 to €571,962
- Gross operating margin -€11,577
down €11,577 (-19.9%), from €58,068 to €46,492
- Financial income -€8,457
down €8,457 (-98.9%), from €8,552 to €95
- Taxes -€6,037
down €6,037 (-28.6%), from €21,117 to €15,080
- Financial charges -€640
down €640 (-80.4%), from €795 to €156
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €593,146 | €617,754 | +€24,607 | +4.1% |
| Current assets | 29/58 | €593,146 | €617,754 | +€24,607 | +4.1% |
| Amounts receivable after more than one year | 29 | - | €23,777 | +€23,777 | |
| Other amounts receivable | 291 | - | €23,777 | +€23,777 | |
| Amounts receivable within one year | 40/41 | €8,470 | €20,382 | +€11,912 | +140.6% |
| Trade receivables | 40 | €8,470 | €7,865 | -€605 | -7.1% |
| Other amounts receivable | 41 | €0 | €12,517 | +€12,517 | |
| Current investments | 50/53 | €51,497 | €51,497 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €533,179 | €522,098 | -€11,081 | -2.1% |
| Total equity and liabilities | 10/49 | €593,146 | €617,754 | +€24,607 | +4.1% |
| Equity | 10/15 | €574,809 | €605,625 | +€30,816 | +5.4% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €541,162 | €571,962 | +€30,800 | +5.7% |
| Distributable reserves | 133 | €541,162 | €571,962 | +€30,800 | +5.7% |
| Profit (loss) carried forward | 14 | €2,647 | €2,663 | +€16 | +0.6% |
| Amounts payable | 17/49 | €18,338 | €12,129 | -€6,209 | -33.9% |
| Amounts payable within one year | 42/48 | €17,949 | €12,129 | -€5,820 | -32.4% |
| Trade debts | 44 | €2,275 | €4,810 | +€2,535 | +111.4% |
| Suppliers | 440/4 | €2,275 | €4,810 | +€2,535 | +111.4% |
| Taxes, remuneration and social security | 45 | €4,877 | €1,846 | -€3,032 | -62.2% |
| Taxes | 450/3 | €4,877 | €1,846 | -€3,032 | -62.2% |
| Other amounts payable | 47/48 | €10,797 | €5,473 | -€5,323 | -49.3% |
| Accrued charges and deferred income | 492/3 | €389 | €0 | -€389 | -100.0% |
| Other operating charges | 640/8 | €120 | €534 | +€414 | +345.3% |
| Gross operating margin | 9900 | €58,068 | €46,492 | -€11,577 | -19.9% |
| Operating profit (loss) | 9901 | €57,948 | €45,957 | -€11,991 | -20.7% |
| Financial income | 75/76B | €8,552 | €95 | -€8,457 | -98.9% |
| Recurring financial income | 75 | €8,552 | €95 | -€8,457 | -98.9% |
| Financial charges | 65/66B | €795 | €156 | -€640 | -80.4% |
| Recurring financial charges | 65 | €795 | €156 | -€640 | -80.4% |
| Profit (loss) for the period before taxes | 9903 | €65,705 | €45,896 | -€19,808 | -30.1% |
| Income taxes | 67/77 | €21,117 | €15,080 | -€6,037 | -28.6% |
| Profit (loss) for the period | 9904 | €44,587 | €30,816 | -€13,771 | -30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,587 | €30,816 | -€13,771 | -30.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.