ADMS MANAGEMENT: 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.
ADMS MANAGEMENT
Largest movements
- Cash +€66,944
up €66,944 (+228%), from €29,372 to €96,316
mainly Net result for the year (+€90,321) and Tax, wage and social debts (+€11,780)
- Receivables within one year +€29,040
up €29,040 (+110%), from €26,478 to €55,518
of which Other amounts receivable: +€25,432
- Tangible fixed assets +€3,557
new in 2025: €3,557
of which Land and buildings: +€2,403
- Reserves +€90,321
up €90,321 (+269%), from €33,566 to €123,887
- Tax, wage and social debts +€11,780
up €11,780 (+69.2%), from €17,025 to €28,805
- Trade debts -€1,970
down €1,970 (-43.2%), from €4,566 to €2,595
- Gross operating margin +€72,881
up €72,881 (+169%), from €43,150 to €116,031
- Taxes +€16,337
up €16,337 (+172%), from €9,513 to €25,849
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 | €58,156 | €158,287 | +€100,131 | +172% |
| Fixed assets | 21/28 | - | €3,557 | +€3,557 | |
| Tangible fixed assets | 22/27 | - | €3,557 | +€3,557 | |
| Land and buildings | 22 | - | €2,403 | +€2,403 | |
| Furniture and vehicles | 24 | - | €1,153 | +€1,153 | |
| Current assets | 29/58 | €58,156 | €154,730 | +€96,574 | +166% |
| Amounts receivable within one year | 40/41 | €26,478 | €55,518 | +€29,040 | +110% |
| Trade receivables | 40 | €17,083 | €20,691 | +€3,608 | +21.1% |
| Other amounts receivable | 41 | €9,395 | €34,827 | +€25,432 | +271% |
| Cash at bank and in hand | 54/58 | €29,372 | €96,316 | +€66,944 | +228% |
| Deferred charges and accrued income | 490/1 | €2,307 | €2,897 | +€590 | +25.6% |
| Total equity and liabilities | 10/49 | €58,156 | €158,287 | +€100,131 | +172% |
| Equity | 10/15 | €36,566 | €126,887 | +€90,321 | +247% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,566 | €123,887 | +€90,321 | +269% |
| Distributable reserves | 133 | €33,566 | €123,887 | +€90,321 | +269% |
| Amounts payable | 17/49 | €21,590 | €31,400 | +€9,810 | +45.4% |
| Amounts payable within one year | 42/48 | €21,590 | €31,400 | +€9,810 | +45.4% |
| Trade debts | 44 | €4,566 | €2,595 | -€1,970 | -43.2% |
| Suppliers | 440/4 | €4,566 | €2,595 | -€1,970 | -43.2% |
| Taxes, remuneration and social security | 45 | €17,025 | €28,805 | +€11,780 | +69.2% |
| Taxes | 450/3 | €17,025 | €28,805 | +€11,780 | +69.2% |
| Remuneration, social security and pensions | 62 | - | €420 | +€420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €512 | +€512 | |
| Other operating charges | 640/8 | €168 | €60 | -€109 | -64.6% |
| Gross operating margin | 9900 | €43,150 | €116,031 | +€72,881 | +169% |
| Operating profit (loss) | 9901 | €42,982 | €115,040 | +€72,058 | +168% |
| Financial income | 75/76B | €106 | €1,197 | +€1,090 | +1,025% |
| Recurring financial income | 75 | €106 | €1,197 | +€1,090 | +1,025% |
| Financial charges | 65/66B | €10 | €66 | +€56 | +583% |
| Recurring financial charges | 65 | €10 | €66 | +€56 | +583% |
| Profit (loss) for the period before taxes | 9903 | €43,079 | €116,171 | +€73,092 | +170% |
| Income taxes | 67/77 | €9,513 | €25,849 | +€16,337 | +172% |
| Profit (loss) for the period | 9904 | €33,566 | €90,321 | +€56,756 | +169% |
| Profit (loss) for the period to be appropriated | 9905 | €33,566 | €90,321 | +€56,756 | +169% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.