Admitects: 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.
Admitects
Largest movements
- Cash +€45,354
up €45,354 (+267.8%), from €16,936 to €62,290
mainly Other debts (+€23,561) and Depreciation (+€14,466)
- Receivables within one year -€10,875
down €10,875 (-55.4%), from €19,642 to €8,766
of which Other amounts receivable: -€9,750
- Tangible fixed assets -€2,999
down €2,999 (-8.2%), from €36,708 to €33,709
of which Furniture and vehicles: -€3,988
- Other debts +€23,561
up €23,561 (+1516.8%), from €1,553 to €25,114
- Profit (loss) carried forward +€11,496
up €11,496 (+22.9%), from €50,301 to €61,797
- Tax, wage and social debts -€4,242
down €4,242 (-25.0%), from €16,945 to €12,703
- Gross operating margin -€12,090
down €12,090 (-24.8%), from €48,764 to €36,674
- Depreciation +€4,070
up €4,070 (+39.1%), from €10,396 to €14,466
- Taxes -€3,567
down €3,567 (-39.6%), from €8,997 to €5,430
- Staff costs +€1,770
new in 2025: €1,770
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 | €74,800 | €106,061 | +€31,262 | +41.8% |
| Fixed assets | 21/28 | €36,959 | €33,709 | -€3,250 | -8.8% |
| Intangible fixed assets | 21 | €251 | €0 | -€251 | -100.0% |
| Tangible fixed assets | 22/27 | €36,708 | €33,709 | -€2,999 | -8.2% |
| Plant, machinery and equipment | 23 | €2,795 | €3,784 | +€989 | +35.4% |
| Furniture and vehicles | 24 | €33,913 | €29,925 | -€3,988 | -11.8% |
| Current assets | 29/58 | €37,840 | €72,352 | +€34,512 | +91.2% |
| Amounts receivable within one year | 40/41 | €19,642 | €8,766 | -€10,875 | -55.4% |
| Trade receivables | 40 | €9,892 | €8,766 | -€1,125 | -11.4% |
| Other amounts receivable | 41 | €9,750 | €0 | -€9,750 | -100.0% |
| Cash at bank and in hand | 54/58 | €16,936 | €62,290 | +€45,354 | +267.8% |
| Deferred charges and accrued income | 490/1 | €1,262 | €1,296 | +€33 | +2.6% |
| Total equity and liabilities | 10/49 | €74,800 | €106,061 | +€31,262 | +41.8% |
| Equity | 10/15 | €56,301 | €67,797 | +€11,496 | +20.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,301 | €61,797 | +€11,496 | +22.9% |
| Amounts payable | 17/49 | €18,498 | €38,265 | +€19,766 | +106.9% |
| Amounts payable within one year | 42/48 | €18,498 | €38,265 | +€19,766 | +106.9% |
| Trade debts | 44 | - | €447 | +€447 | |
| Suppliers | 440/4 | - | €447 | +€447 | |
| Taxes, remuneration and social security | 45 | €16,945 | €12,703 | -€4,242 | -25.0% |
| Taxes | 450/3 | €16,945 | €12,703 | -€4,242 | -25.0% |
| Other amounts payable | 47/48 | €1,553 | €25,114 | +€23,561 | +1516.8% |
| Remuneration, social security and pensions | 62 | - | €1,770 | +€1,770 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,396 | €14,466 | +€4,070 | +39.1% |
| Other operating charges | 640/8 | €564 | €695 | +€131 | +23.1% |
| Gross operating margin | 9900 | €48,764 | €36,674 | -€12,090 | -24.8% |
| Operating profit (loss) | 9901 | €37,804 | €19,743 | -€18,061 | -47.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,465 | €2,018 | -€446 | -18.1% |
| Recurring financial charges | 65 | €2,465 | €2,018 | -€446 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €35,339 | €17,725 | -€17,614 | -49.8% |
| Income taxes | 67/77 | €8,997 | €5,430 | -€3,567 | -39.6% |
| Profit (loss) for the period | 9904 | €26,343 | €12,296 | -€14,047 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,343 | €12,296 | -€14,047 | -53.3% |
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 6 October 2026 via checked.be.