ADMINION: 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.
ADMINION
Largest movements
- Cash +€81,649
up €81,649 (+358.7%), from €22,760 to €104,410
mainly Net result for the year (+€114,943) and Tax, wage and social debts (+€63,627)
- Receivables within one year +€14,851
up €14,851 (+5.9%), from €252,071 to €266,922
of which Other amounts receivable: +€54,902
- Tangible fixed assets +€9,551
up €9,551 (+46.4%), from €20,570 to €30,121
of which Other tangible fixed assets: +€14,505
- Tax, wage and social debts +€63,627
up €63,627 (+114.9%), from €55,365 to €118,993
of which Taxes: +€66,178
- Profit (loss) carried forward +€56,120
up €56,120 (+82.3%), from €68,164 to €124,284
- Debts after one year -€36,824
down €36,824 (-19.7%), from €187,122 to €150,298
- Other debts +€23,017
up €23,017 (+11.0%), from €210,005 to €233,022
- Gross operating margin +€30,150
up €30,150 (+14.2%), from €212,350 to €242,499
- Staff costs -€17,250
down €17,250 (-23.3%), from €74,165 to €56,915
- Taxes +€16,749
up €16,749 (+48.4%), from €34,628 to €51,377
- Depreciation -€2,449
down €2,449 (-23.9%), from €10,251 to €7,802
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 | €647,273 | €752,257 | +€104,984 | +16.2% |
| Fixed assets | 21/28 | €370,570 | €380,121 | +€9,551 | +2.6% |
| Tangible fixed assets | 22/27 | €20,570 | €30,121 | +€9,551 | +46.4% |
| Plant, machinery and equipment | 23 | €10,617 | €6,951 | -€3,666 | -34.5% |
| Furniture and vehicles | 24 | €4,897 | €3,610 | -€1,288 | -26.3% |
| Other tangible fixed assets | 26 | €5,056 | €19,560 | +€14,505 | +286.9% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €276,703 | €372,136 | +€95,433 | +34.5% |
| Amounts receivable within one year | 40/41 | €252,071 | €266,922 | +€14,851 | +5.9% |
| Trade receivables | 40 | €230,473 | €190,423 | -€40,050 | -17.4% |
| Other amounts receivable | 41 | €21,598 | €76,499 | +€54,902 | +254.2% |
| Current investments | 50/53 | €124 | €124 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,760 | €104,410 | +€81,649 | +358.7% |
| Deferred charges and accrued income | 490/1 | €1,748 | €680 | -€1,068 | -61.1% |
| Total equity and liabilities | 10/49 | €647,273 | €752,257 | +€104,984 | +16.2% |
| Equity | 10/15 | €88,624 | €144,744 | +€56,120 | +63.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €68,164 | €124,284 | +€56,120 | +82.3% |
| Amounts payable | 17/49 | €558,649 | €607,513 | +€48,864 | +8.7% |
| Amounts payable after more than one year | 17 | €187,122 | €150,298 | -€36,824 | -19.7% |
| Financial debts | 170/4 | €187,122 | €150,298 | -€36,824 | -19.7% |
| Amounts payable within one year | 42/48 | €369,502 | €457,215 | +€87,713 | +23.7% |
| Current portion of amounts payable after more than one year | 42 | €37,350 | €36,824 | -€526 | -1.4% |
| Trade debts | 44 | €66,781 | €68,376 | +€1,595 | +2.4% |
| Suppliers | 440/4 | €66,781 | €68,376 | +€1,595 | +2.4% |
| Taxes, remuneration and social security | 45 | €55,365 | €118,993 | +€63,627 | +114.9% |
| Taxes | 450/3 | €47,975 | €114,153 | +€66,178 | +137.9% |
| Remuneration and social security | 454/9 | €7,390 | €4,839 | -€2,551 | -34.5% |
| Other amounts payable | 47/48 | €210,005 | €233,022 | +€23,017 | +11.0% |
| Accrued charges and deferred income | 492/3 | €2,025 | - | -€2,025 | |
| Remuneration, social security and pensions | 62 | €74,165 | €56,915 | -€17,250 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,251 | €7,802 | -€2,449 | -23.9% |
| Other operating charges | 640/8 | €3,079 | €1,091 | -€1,989 | -64.6% |
| Gross operating margin | 9900 | €212,350 | €242,499 | +€30,150 | +14.2% |
| Operating profit (loss) | 9901 | €124,855 | €176,692 | +€51,838 | +41.5% |
| Financial charges | 65/66B | €10,584 | €10,372 | -€212 | -2.0% |
| Recurring financial charges | 65 | €10,584 | €10,372 | -€212 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €114,270 | €166,320 | +€52,050 | +45.5% |
| Income taxes | 67/77 | €34,628 | €51,377 | +€16,749 | +48.4% |
| Profit (loss) for the period | 9904 | €79,643 | €114,943 | +€35,301 | +44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €79,643 | €114,943 | +€35,301 | +44.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.