ADMITECH: 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.
ADMITECH
Largest movements
- Tangible fixed assets -€24,769
down €24,769 (-7.3%), from €340,908 to €316,140
of which Land and buildings: -€12,750
- Receivables within one year +€7,494
up €7,494 (+13.4%), from €55,970 to €63,464
of which Trade receivables: +€44,183
- Cash +€4,769
up €4,769 (+1046.0%), from €456 to €5,225
mainly Depreciation (+€25,587) and Trade debts (+€12,961)
- Other debts -€22,887
down €22,887 (-40.5%), from €56,482 to €33,595
- Debts after one year -€13,708
down €13,708 (-7.5%), from €183,088 to €169,380
- Trade debts +€12,961
up €12,961 (+723.9%), from €1,791 to €14,751
- Current portion of long-term debt +€9,469
up €9,469 (+13.1%), from €72,309 to €81,778
- Gross operating margin +€5,963
up €5,963 (+13.3%), from €44,897 to €50,859
- Depreciation -€1,423
down €1,423 (-5.3%), from €27,010 to €25,587
- Financial income -€1,294
down €1,294 (-99.1%), from €1,307 to €12
- Taxes +€1,109
up €1,109 (+146.7%), from €756 to €1,864
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.
Cash bridge derived
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 | €434,341 | €424,491 | -€9,850 | -2.3% |
| Fixed assets | 21/28 | €377,101 | €352,333 | -€24,769 | -6.6% |
| Tangible fixed assets | 22/27 | €340,908 | €316,140 | -€24,769 | -7.3% |
| Land and buildings | 22 | €318,757 | €306,006 | -€12,750 | -4.0% |
| Plant, machinery and equipment | 23 | €436 | €269 | -€167 | -38.2% |
| Furniture and vehicles | 24 | €21,716 | €9,865 | -€11,851 | -54.6% |
| Financial fixed assets | 28 | €36,193 | €36,193 | = | 0.0% |
| Current assets | 29/58 | €57,240 | €72,159 | +€14,919 | +26.1% |
| Amounts receivable within one year | 40/41 | €55,970 | €63,464 | +€7,494 | +13.4% |
| Trade receivables | 40 | €18,022 | €62,205 | +€44,183 | +245.2% |
| Other amounts receivable | 41 | €37,947 | €1,258 | -€36,689 | -96.7% |
| Cash at bank and in hand | 54/58 | €456 | €5,225 | +€4,769 | +1046.0% |
| Deferred charges and accrued income | 490/1 | €814 | €3,470 | +€2,656 | +326.2% |
| Total equity and liabilities | 10/49 | €434,341 | €424,491 | -€9,850 | -2.3% |
| Equity | 10/15 | €119,489 | €123,495 | +€4,007 | +3.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €100,897 | €104,903 | +€4,007 | +4.0% |
| Distributable reserves | 133 | €100,897 | €104,903 | +€4,007 | +4.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €314,852 | €300,996 | -€13,856 | -4.4% |
| Amounts payable after more than one year | 17 | €183,088 | €169,380 | -€13,708 | -7.5% |
| Financial debts | 170/4 | €183,088 | €169,380 | -€13,708 | -7.5% |
| Amounts payable within one year | 42/48 | €130,581 | €130,406 | -€176 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €72,309 | €81,778 | +€9,469 | +13.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,791 | €14,751 | +€12,961 | +723.9% |
| Suppliers | 440/4 | €1,791 | €14,751 | +€12,961 | +723.9% |
| Taxes, remuneration and social security | 45 | - | €280 | +€280 | |
| Taxes | 450/3 | - | €280 | +€280 | |
| Other amounts payable | 47/48 | €56,482 | €33,595 | -€22,887 | -40.5% |
| Accrued charges and deferred income | 492/3 | €1,183 | €1,210 | +€27 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,010 | €25,587 | -€1,423 | -5.3% |
| Other operating charges | 640/8 | €4,698 | €5,203 | +€505 | +10.7% |
| Gross operating margin | 9900 | €44,897 | €50,859 | +€5,963 | +13.3% |
| Operating profit (loss) | 9901 | €13,188 | €20,069 | +€6,881 | +52.2% |
| Financial income | 75/76B | €1,307 | €12 | -€1,294 | -99.1% |
| Recurring financial income | 75 | €1,307 | €12 | -€1,294 | -99.1% |
| Financial charges | 65/66B | €13,726 | €14,210 | +€484 | +3.5% |
| Recurring financial charges | 65 | €13,726 | €14,210 | +€484 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €769 | €5,871 | +€5,102 | +663.5% |
| Income taxes | 67/77 | €756 | €1,864 | +€1,109 | +146.7% |
| Profit (loss) for the period | 9904 | €13 | €4,007 | +€3,993 | +29958.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13 | €4,007 | +€3,993 | +29958.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.