ADN ELEC: 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.
ADN ELEC
Largest movements
- Cash +€8,823
up €8,823 (+51.7%), from €17,052 to €25,875
mainly Trade debts (+€11,831) and Tax, wage and social debts (+€5,296)
- Receivables within one year +€7,169
up €7,169 (+884.9%), from €810 to €7,979
of which Other amounts receivable: +€5,796
- Tangible fixed assets +€3,724
new in 2025: €3,724
- Deferred charges and accrued income +€1,431
new in 2025: €1,431
- Trade debts +€11,831
up €11,831 (+916.3%), from €1,291 to €13,122
- Tax, wage and social debts +€5,296
up €5,296 (+137.5%), from €3,852 to €9,148
of which Remuneration and social security: +€4,117
- Profit (loss) carried forward +€3,383
up €3,383 (+58.1%), from €5,824 to €9,207
- Gross operating margin +€24,354
up €24,354 (+93.3%), from €26,111 to €50,465
- Staff costs +€18,100
up €18,100 (+76.4%), from €23,689 to €41,789
- Other operating charges +€1,865
up €1,865 (+347.5%), from €537 to €2,402
- Financial charges +€825
up €825 (+1196.5%), from €69 to €894
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 | €31,845 | €52,795 | +€20,950 | +65.8% |
| Fixed assets | 21/28 | - | €3,724 | +€3,724 | |
| Tangible fixed assets | 22/27 | - | €3,724 | +€3,724 | |
| Furniture and vehicles | 24 | - | €3,724 | +€3,724 | |
| Current assets | 29/58 | €31,845 | €49,071 | +€17,226 | +54.1% |
| Stocks and contracts in progress | 3 | €13,983 | €13,787 | -€196 | -1.4% |
| Stocks | 30/36 | €13,983 | €13,787 | -€196 | -1.4% |
| Amounts receivable within one year | 40/41 | €810 | €7,979 | +€7,169 | +884.9% |
| Trade receivables | 40 | €341 | €1,713 | +€1,372 | +402.4% |
| Other amounts receivable | 41 | €469 | €6,266 | +€5,796 | +1235.6% |
| Cash at bank and in hand | 54/58 | €17,052 | €25,875 | +€8,823 | +51.7% |
| Deferred charges and accrued income | 490/1 | - | €1,431 | +€1,431 | |
| Total equity and liabilities | 10/49 | €31,845 | €52,795 | +€20,950 | +65.8% |
| Equity | 10/15 | €10,024 | €13,407 | +€3,383 | +33.8% |
| Contributions | 10/11 | €4,200 | €4,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,824 | €9,207 | +€3,383 | +58.1% |
| Amounts payable | 17/49 | €21,822 | €39,388 | +€17,567 | +80.5% |
| Amounts payable within one year | 42/48 | €21,822 | €39,388 | +€17,567 | +80.5% |
| Trade debts | 44 | €1,291 | €13,122 | +€11,831 | +916.3% |
| Suppliers | 440/4 | €1,291 | €13,122 | +€11,831 | +916.3% |
| Taxes, remuneration and social security | 45 | €3,852 | €9,148 | +€5,296 | +137.5% |
| Taxes | 450/3 | €2,519 | €3,698 | +€1,179 | +46.8% |
| Remuneration and social security | 454/9 | €1,333 | €5,450 | +€4,117 | +308.8% |
| Other amounts payable | 47/48 | €16,679 | €17,119 | +€440 | +2.6% |
| Non-recurring operating income | 76A | €800 | - | -€800 | |
| Remuneration, social security and pensions | 62 | €23,689 | €41,789 | +€18,100 | +76.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €469 | +€469 | |
| Other operating charges | 640/8 | €537 | €2,402 | +€1,865 | +347.5% |
| Gross operating margin | 9900 | €26,111 | €50,465 | +€24,354 | +93.3% |
| Operating profit (loss) | 9901 | €1,886 | €5,805 | +€3,919 | +207.8% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €69 | €894 | +€825 | +1196.5% |
| Recurring financial charges | 65 | €69 | €894 | +€825 | +1196.5% |
| Profit (loss) for the period before taxes | 9903 | €1,817 | €4,920 | +€3,103 | +170.8% |
| Income taxes | 67/77 | €1,214 | €1,537 | +€323 | +26.6% |
| Profit (loss) for the period | 9904 | €603 | €3,383 | +€2,780 | +460.6% |
| Profit (loss) for the period to be appropriated | 9905 | €603 | €3,383 | +€2,780 | +460.6% |
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.