ADMSERVICE: 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.
ADMSERVICE
Largest movements
- Receivables within one year +€50,991
up €50,991 (+177%), from €28,875 to €79,866
of which Trade receivables: +€50,531
- Cash +€15,017
up €15,017 (+12.8%), from €117,156 to €132,173
mainly Other debts (+€112,558) and Net result for the year (+€70,319)
- Deferred charges and accrued income -€2,805
down €2,805 (-98.6%), from €2,844 to €39
- Other debts +€112,558
up €112,558 (+13,512%), from €833 to €113,391
- Reserves -€43,072
down €43,072 (-33.6%), from €128,119 to €85,047
- Trade debts -€10,789
down €10,789 (-89.4%), from €12,070 to €1,281
- Tax, wage and social debts +€3,920
up €3,920 (+38.1%), from €10,287 to €14,207
- Gross operating margin +€15,887
up €15,887 (+20.4%), from €77,818 to €93,705
- Taxes -€3,157
down €3,157 (-13.9%), from €22,696 to €19,539
- Depreciation +€1,684
up €1,684 (+225%), from €748 to €2,432
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 | €151,309 | €213,926 | +€62,617 | +41.4% |
| Fixed assets | 21/28 | €2,434 | €1,847 | -€586 | -24.1% |
| Tangible fixed assets | 22/27 | €2,434 | €1,847 | -€586 | -24.1% |
| Plant, machinery and equipment | 23 | - | €264 | +€264 | |
| Furniture and vehicles | 24 | €934 | €584 | -€350 | -37.5% |
| Other tangible fixed assets | 26 | €1,500 | €1,000 | -€500 | -33.3% |
| Current assets | 29/58 | €148,875 | €212,078 | +€63,203 | +42.5% |
| Amounts receivable within one year | 40/41 | €28,875 | €79,866 | +€50,991 | +177% |
| Trade receivables | 40 | €28,875 | €79,406 | +€50,531 | +175% |
| Other amounts receivable | 41 | - | €461 | +€461 | |
| Cash at bank and in hand | 54/58 | €117,156 | €132,173 | +€15,017 | +12.8% |
| Deferred charges and accrued income | 490/1 | €2,844 | €39 | -€2,805 | -98.6% |
| Total equity and liabilities | 10/49 | €151,309 | €213,926 | +€62,617 | +41.4% |
| Equity | 10/15 | €128,119 | €85,047 | -€43,072 | -33.6% |
| Reserves | 13 | €128,119 | €85,047 | -€43,072 | -33.6% |
| Distributable reserves | 133 | €128,119 | €85,047 | -€43,072 | -33.6% |
| Amounts payable | 17/49 | €23,190 | €128,879 | +€105,689 | +456% |
| Amounts payable within one year | 42/48 | €23,190 | €128,879 | +€105,689 | +456% |
| Trade debts | 44 | €12,070 | €1,281 | -€10,789 | -89.4% |
| Suppliers | 440/4 | €12,070 | €1,281 | -€10,789 | -89.4% |
| Taxes, remuneration and social security | 45 | €10,287 | €14,207 | +€3,920 | +38.1% |
| Taxes | 450/3 | €10,287 | €14,207 | +€3,920 | +38.1% |
| Other amounts payable | 47/48 | €833 | €113,391 | +€112,558 | +13,512% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €748 | €2,432 | +€1,684 | +225% |
| Other operating charges | 640/8 | €1,391 | €1,364 | -€26 | -1.9% |
| Gross operating margin | 9900 | €77,818 | €93,705 | +€15,887 | +20.4% |
| Operating profit (loss) | 9901 | €75,679 | €89,909 | +€14,230 | +18.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.2% |
| Financial charges | 65/66B | €124 | €51 | -€73 | -59.0% |
| Recurring financial charges | 65 | €124 | €51 | -€73 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | €75,556 | €89,858 | +€14,302 | +18.9% |
| Income taxes | 67/77 | €22,696 | €19,539 | -€3,157 | -13.9% |
| Profit (loss) for the period | 9904 | €52,860 | €70,319 | +€17,459 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,860 | €70,319 | +€17,459 | +33.0% |
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 16 October 2026 via checked.be.