ADN TOITURE SYSTÈME: 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 TOITURE SYSTÈME
Largest movements
- Receivables within one year +€38,316
up €38,316 (+148%), from €25,858 to €64,174
of which Trade receivables: +€22,765
- Cash -€37,763
down €37,763 (-57.2%), from €65,978 to €28,215
mainly Receivables within one year (-€38,316) and Short-term financial debts (-€15,000)
- Deferred charges and accrued income -€15,155
down €15,155 (-90.1%), from €16,813 to €1,658
- Tangible fixed assets -€11,510
down €11,510 (-34.2%), from €33,637 to €22,127
of which Plant, machinery and equipment: -€6,459
- Short-term financial debts -€15,000
no longer reported in 2025 (was €15,000)
- Profit (loss) carried forward -€8,649
down €8,649 (-7.4%), from €116,884 to €108,235
- Current portion of long-term debt -€3,492
down €3,492 (-74.7%), from €4,672 to €1,180
- Trade debts +€2,075
up €2,075 (+182%), from €1,142 to €3,217
- Purchases and services +€84,670
up €84,670 (+76.4%), from €110,794 to €195,464
- Turnover +€50,512
up €50,512 (+24.7%), from €204,503 to €255,015
- Gross operating margin -€39,488
down €39,488 (-39.7%), from €99,473 to €59,985
- Taxes -€5,892
no longer reported in 2025 (was €5,892)
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 | €152,060 | €124,578 | -€27,482 | -18.1% |
| Fixed assets | 21/28 | €43,411 | €30,531 | -€12,880 | -29.7% |
| Intangible fixed assets | 21 | €9,247 | €7,877 | -€1,370 | -14.8% |
| Tangible fixed assets | 22/27 | €33,637 | €22,127 | -€11,510 | -34.2% |
| Plant, machinery and equipment | 23 | €23,865 | €17,406 | -€6,459 | -27.1% |
| Furniture and vehicles | 24 | €9,772 | €4,721 | -€5,051 | -51.7% |
| Financial fixed assets | 28 | €527 | €527 | = | 0.0% |
| Current assets | 29/58 | €108,649 | €94,047 | -€14,602 | -13.4% |
| Amounts receivable within one year | 40/41 | €25,858 | €64,174 | +€38,316 | +148% |
| Trade receivables | 40 | €19,137 | €41,902 | +€22,765 | +119% |
| Other amounts receivable | 41 | €6,721 | €22,272 | +€15,551 | +231% |
| Cash at bank and in hand | 54/58 | €65,978 | €28,215 | -€37,763 | -57.2% |
| Deferred charges and accrued income | 490/1 | €16,813 | €1,658 | -€15,155 | -90.1% |
| Total equity and liabilities | 10/49 | €152,060 | €124,578 | -€27,482 | -18.1% |
| Equity | 10/15 | €121,884 | €113,235 | -€8,649 | -7.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,884 | €108,235 | -€8,649 | -7.4% |
| Amounts payable | 17/49 | €30,176 | €11,343 | -€18,833 | -62.4% |
| Amounts payable after more than one year | 17 | €1,180 | - | -€1,180 | |
| Financial debts | 170/4 | €1,180 | - | -€1,180 | |
| Amounts payable within one year | 42/48 | €28,996 | €11,343 | -€17,653 | -60.9% |
| Current portion of amounts payable after more than one year | 42 | €4,672 | €1,180 | -€3,492 | -74.7% |
| Financial debts | 43 | €15,000 | - | -€15,000 | |
| Credit institutions | 430/8 | €15,000 | - | -€15,000 | |
| Trade debts | 44 | €1,142 | €3,217 | +€2,075 | +182% |
| Suppliers | 440/4 | €1,142 | €3,217 | +€2,075 | +182% |
| Taxes, remuneration and social security | 45 | €6,578 | €6,805 | +€227 | +3.5% |
| Taxes | 450/3 | €6,403 | €6,641 | +€238 | +3.7% |
| Remuneration and social security | 454/9 | €175 | €164 | -€11 | -6.3% |
| Other amounts payable | 47/48 | €1,604 | €141 | -€1,463 | -91.2% |
| Turnover | 70 | €204,503 | €255,015 | +€50,512 | +24.7% |
| Non-recurring operating income | 76A | €5,764 | €434 | -€5,330 | -92.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €110,794 | €195,464 | +€84,670 | +76.4% |
| Remuneration, social security and pensions | 62 | €55,859 | €54,805 | -€1,054 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,758 | €12,880 | +€122 | +1.0% |
| Other operating charges | 640/8 | €403 | €551 | +€148 | +36.7% |
| Non-recurring operating charges | 66A | €807 | - | -€807 | |
| Gross operating margin | 9900 | €99,473 | €59,985 | -€39,488 | -39.7% |
| Operating profit (loss) | 9901 | €29,646 | -€8,251 | -€37,897 | |
| Financial charges | 65/66B | €662 | €398 | -€264 | -39.9% |
| Recurring financial charges | 65 | €662 | €398 | -€264 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | €28,984 | -€8,649 | -€37,633 | |
| Income taxes | 67/77 | €5,892 | - | -€5,892 | |
| Profit (loss) for the period | 9904 | €23,092 | -€8,649 | -€31,741 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,092 | -€8,649 | -€31,741 |
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 31 October 2026 via checked.be.