ADMINCON: 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.
ADMINCON
Largest movements
- Receivables within one year +€40,737
up €40,737 (+31.3%), from €130,266 to €171,003
of which Other amounts receivable: +€36,600
- Cash -€3,034
down €3,034 (-64.0%), from €4,744 to €1,710
mainly Receivables within one year (-€40,737) and Accrued charges and deferred income (-€30)
- Reserves +€31,495
up €31,495 (+40.0%), from €78,746 to €110,241
- Tax, wage and social debts +€4,935
up €4,935 (+82.6%), from €5,972 to €10,907
- Gross operating margin +€14,718
up €14,718 (+57.2%), from €25,727 to €40,445
- Taxes +€8,292
up €8,292 (+120%), from €6,922 to €15,214
- Financial income +€7,323
up €7,323 (+732,300%), from €1 to €7,324
- Financial charges -€495
down €495 (-53.5%), from €926 to €431
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 | €135,174 | €172,752 | +€37,578 | +27.8% |
| Current assets | 29/58 | €135,174 | €172,752 | +€37,578 | +27.8% |
| Amounts receivable within one year | 40/41 | €130,266 | €171,003 | +€40,737 | +31.3% |
| Trade receivables | 40 | - | €4,137 | +€4,137 | |
| Other amounts receivable | 41 | €130,266 | €166,866 | +€36,600 | +28.1% |
| Current investments | 50/53 | €2 | €2 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,744 | €1,710 | -€3,034 | -64.0% |
| Deferred charges and accrued income | 490/1 | €162 | €37 | -€125 | -77.2% |
| Total equity and liabilities | 10/49 | €135,174 | €172,752 | +€37,578 | +27.8% |
| Equity | 10/15 | €127,376 | €158,871 | +€31,495 | +24.7% |
| Contributions | 10/11 | €350 | €350 | = | 0.0% |
| Reserves | 13 | €78,746 | €110,241 | +€31,495 | +40.0% |
| Distributable reserves | 133 | €78,746 | €110,241 | +€31,495 | +40.0% |
| Profit (loss) carried forward | 14 | €48,280 | €48,280 | = | 0.0% |
| Amounts payable | 17/49 | €7,798 | €13,881 | +€6,083 | +78.0% |
| Amounts payable within one year | 42/48 | €7,768 | €13,881 | +€6,113 | +78.7% |
| Financial debts | 43 | - | €673 | +€673 | |
| Other loans | 439 | - | €673 | +€673 | |
| Trade debts | 44 | €1,796 | €2,301 | +€505 | +28.1% |
| Suppliers | 440/4 | €1,796 | €2,301 | +€505 | +28.1% |
| Taxes, remuneration and social security | 45 | €5,972 | €10,907 | +€4,935 | +82.6% |
| Taxes | 450/3 | €5,972 | €10,907 | +€4,935 | +82.6% |
| Accrued charges and deferred income | 492/3 | €30 | - | -€30 | |
| Other operating charges | 640/8 | €746 | €629 | -€117 | -15.7% |
| Gross operating margin | 9900 | €25,727 | €40,445 | +€14,718 | +57.2% |
| Operating profit (loss) | 9901 | €24,981 | €39,816 | +€14,835 | +59.4% |
| Financial income | 75/76B | €1 | €7,324 | +€7,323 | +732,300% |
| Recurring financial income | 75 | €1 | €7,324 | +€7,323 | +732,300% |
| Financial charges | 65/66B | €926 | €431 | -€495 | -53.5% |
| Recurring financial charges | 65 | €926 | €431 | -€495 | -53.5% |
| Profit (loss) for the period before taxes | 9903 | €24,056 | €46,709 | +€22,653 | +94.2% |
| Income taxes | 67/77 | €6,922 | €15,214 | +€8,292 | +120% |
| Profit (loss) for the period | 9904 | €17,134 | €31,495 | +€14,361 | +83.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,134 | €31,495 | +€14,361 | +83.8% |
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 14 October 2026 via checked.be.