ADMX8: 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.
ADMX8
Largest movements
- Receivables within one year +€23,972
up €23,972 (+395.7%), from €6,058 to €30,029
of which Trade receivables: +€23,130
- Cash +€12,347
up €12,347 (+67.4%), from €18,327 to €30,674
mainly Net result for the year (+€34,408) and Tax, wage and social debts (+€12,308)
- Tangible fixed assets +€982
new in 2025: €982
- Profit (loss) carried forward +€34,408
up €34,408 (+1728.6%), from €1,991 to €36,399
- Tax, wage and social debts +€12,308
up €12,308 (+213.3%), from €5,770 to €18,078
- Other debts -€11,766
no longer reported in 2025 (was €11,766)
- Trade debts +€2,840
up €2,840 (+152.8%), from €1,859 to €4,699
- Gross operating margin +€42,382
up €42,382 (+2129.2%), from €1,991 to €44,373
- Purchases and services -€26,430
no longer reported in 2025 (was €26,430)
- Taxes +€9,796
new in 2025: €9,796
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 | €24,385 | €62,176 | +€37,792 | +155.0% |
| Fixed assets | 21/28 | - | €982 | +€982 | |
| Tangible fixed assets | 22/27 | - | €982 | +€982 | |
| Plant, machinery and equipment | 23 | - | €982 | +€982 | |
| Current assets | 29/58 | €24,385 | €61,195 | +€36,810 | +151.0% |
| Amounts receivable within one year | 40/41 | €6,058 | €30,029 | +€23,972 | +395.7% |
| Trade receivables | 40 | €6,058 | €29,187 | +€23,130 | +381.8% |
| Other amounts receivable | 41 | - | €842 | +€842 | |
| Cash at bank and in hand | 54/58 | €18,327 | €30,674 | +€12,347 | +67.4% |
| Deferred charges and accrued income | 490/1 | - | €492 | +€492 | |
| Total equity and liabilities | 10/49 | €24,385 | €62,176 | +€37,792 | +155.0% |
| Equity | 10/15 | €4,991 | €39,399 | +€34,408 | +689.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,991 | €36,399 | +€34,408 | +1728.6% |
| Amounts payable | 17/49 | €19,394 | €22,777 | +€3,383 | +17.4% |
| Amounts payable within one year | 42/48 | €19,394 | €22,777 | +€3,383 | +17.4% |
| Trade debts | 44 | €1,859 | €4,699 | +€2,840 | +152.8% |
| Suppliers | 440/4 | €1,859 | €4,699 | +€2,840 | +152.8% |
| Taxes, remuneration and social security | 45 | €5,770 | €18,078 | +€12,308 | +213.3% |
| Taxes | 450/3 | €5,770 | €18,078 | +€12,308 | +213.3% |
| Other amounts payable | 47/48 | €11,766 | - | -€11,766 | |
| Goods, raw materials, services and sundry goods | 60/61 | €26,430 | - | -€26,430 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €1,991 | €44,373 | +€42,382 | +2129.2% |
| Operating profit (loss) | 9901 | €1,991 | €44,253 | +€42,262 | +2123.2% |
| Financial charges | 65/66B | - | €49 | +€49 | |
| Recurring financial charges | 65 | - | €49 | +€49 | |
| Profit (loss) for the period before taxes | 9903 | €1,991 | €44,204 | +€42,213 | +2120.7% |
| Income taxes | 67/77 | - | €9,796 | +€9,796 | |
| Profit (loss) for the period | 9904 | €1,991 | €34,408 | +€32,418 | +1628.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,991 | €34,408 | +€32,418 | +1628.6% |
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 11 October 2026 via checked.be.