ADN PERFORMANCE: 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.
ADN PERFORMANCE
Largest movements
- Receivables within one year +€5,534
up €5,534 (+318.7%), from €1,737 to €7,271
of which Trade receivables: +€2,846
- Tangible fixed assets +€2,264
new in 2024: €2,264
of which Plant, machinery and equipment: +€1,675
- Stocks and contracts -€1,994
down €1,994 (-85.8%), from €2,325 to €330
- Deferred charges and accrued income +€182
up €182 (+51.1%), from €357 to €539
- Other debts +€32,654
up €32,654 (+298.8%), from €10,928 to €43,582
- Profit (loss) carried forward -€25,802
down €25,802 (-205.3%), from -€12,569 to -€38,371
- Trade debts -€882
down €882 (-16.1%), from €5,466 to €4,584
- Gross operating margin -€12,689
down €12,689 (-104.0%), from -€12,199 to -€24,888
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,825 | €10,865 | +€6,039 | +125.2% |
| Fixed assets | 21/28 | - | €2,264 | +€2,264 | |
| Tangible fixed assets | 22/27 | - | €2,264 | +€2,264 | |
| Plant, machinery and equipment | 23 | - | €1,675 | +€1,675 | |
| Furniture and vehicles | 24 | - | €589 | +€589 | |
| Current assets | 29/58 | €4,825 | €8,601 | +€3,776 | +78.2% |
| Stocks and contracts in progress | 3 | €2,325 | €330 | -€1,994 | -85.8% |
| Stocks | 30/36 | €2,325 | €330 | -€1,994 | -85.8% |
| Amounts receivable within one year | 40/41 | €1,737 | €7,271 | +€5,534 | +318.7% |
| Trade receivables | 40 | - | €2,846 | +€2,846 | |
| Other amounts receivable | 41 | €1,737 | €4,426 | +€2,689 | +154.8% |
| Cash at bank and in hand | 54/58 | €407 | €460 | +€53 | +13.0% |
| Deferred charges and accrued income | 490/1 | €357 | €539 | +€182 | +51.1% |
| Total equity and liabilities | 10/49 | €4,825 | €10,865 | +€6,039 | +125.2% |
| Equity | 10/15 | -€11,569 | -€37,371 | -€25,802 | -223.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,569 | -€38,371 | -€25,802 | -205.3% |
| Amounts payable | 17/49 | €16,394 | €48,236 | +€31,842 | +194.2% |
| Amounts payable within one year | 42/48 | €16,394 | €48,236 | +€31,842 | +194.2% |
| Trade debts | 44 | €5,466 | €4,584 | -€882 | -16.1% |
| Suppliers | 440/4 | €5,466 | €4,584 | -€882 | -16.1% |
| Taxes, remuneration and social security | 45 | - | €69 | +€69 | |
| Taxes | 450/3 | - | €69 | +€69 | |
| Other amounts payable | 47/48 | €10,928 | €43,582 | +€32,654 | +298.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €89 | +€89 | |
| Other operating charges | 640/8 | €260 | €436 | +€176 | +67.7% |
| Non-recurring operating charges | 66A | - | €180 | +€180 | |
| Gross operating margin | 9900 | -€12,199 | -€24,888 | -€12,689 | -104.0% |
| Operating profit (loss) | 9901 | -€12,459 | -€25,593 | -€13,134 | -105.4% |
| Financial charges | 65/66B | €110 | €140 | +€30 | +27.4% |
| Recurring financial charges | 65 | €110 | €140 | +€30 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,569 | -€25,733 | -€13,164 | -104.7% |
| Income taxes | 67/77 | - | €69 | +€69 | |
| Profit (loss) for the period | 9904 | -€12,569 | -€25,802 | -€13,233 | -105.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,569 | -€25,802 | -€13,233 | -105.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.