ADP Consult: 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.
ADP Consult
Largest movements
- Receivables within one year +€42,358
up €42,358 (+269%), from €15,721 to €58,079
of which Trade receivables: +€42,617
- Tangible fixed assets +€34,664
up €34,664 (+1,655%), from €2,095 to €36,759
of which Furniture and vehicles: +€35,114
- Current investments +€20,000
up €20,000 (+66.7%), from €30,000 to €50,000
- Cash +€10,447
up €10,447 (+26.2%), from €39,931 to €50,378
mainly Trade debts (+€37,563) and Debts after one year (+€29,672)
- Trade debts +€37,563
up €37,563 (+1,148%), from €3,273 to €40,836
- Debts after one year +€29,672
new in 2025: €29,672
- Reserves +€27,000
up €27,000 (+38.1%), from €70,850 to €97,850
- Current portion of long-term debt +€8,558
new in 2025: €8,558
- Tax, wage and social debts +€2,295
up €2,295 (+41.0%), from €5,604 to €7,899
of which Remuneration and social security: +€1,999
- Gross operating margin +€12,171
up €12,171 (+34.0%), from €35,844 to €48,015
- Depreciation +€6,927
up €6,927 (+745%), from €930 to €7,857
- Financial charges +€988
up €988 (+711%), from €139 to €1,127
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 | €89,584 | €195,606 | +€106,022 | +118% |
| Fixed assets | 21/28 | €2,120 | €36,784 | +€34,664 | +1,635% |
| Tangible fixed assets | 22/27 | €2,095 | €36,759 | +€34,664 | +1,655% |
| Plant, machinery and equipment | 23 | €1,154 | €704 | -€450 | -39.0% |
| Furniture and vehicles | 24 | €941 | €36,055 | +€35,114 | +3,732% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €87,464 | €158,822 | +€71,358 | +81.6% |
| Amounts receivable within one year | 40/41 | €15,721 | €58,079 | +€42,358 | +269% |
| Trade receivables | 40 | €15,154 | €57,771 | +€42,617 | +281% |
| Other amounts receivable | 41 | €567 | €308 | -€259 | -45.7% |
| Current investments | 50/53 | €30,000 | €50,000 | +€20,000 | +66.7% |
| Cash at bank and in hand | 54/58 | €39,931 | €50,378 | +€10,447 | +26.2% |
| Deferred charges and accrued income | 490/1 | €1,812 | €365 | -€1,447 | -79.9% |
| Total equity and liabilities | 10/49 | €89,584 | €195,606 | +€106,022 | +118% |
| Equity | 10/15 | €79,671 | €107,596 | +€27,925 | +35.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70,850 | €97,850 | +€27,000 | +38.1% |
| Distributable reserves | 133 | €70,850 | €97,850 | +€27,000 | +38.1% |
| Profit (loss) carried forward | 14 | €2,621 | €3,546 | +€925 | +35.3% |
| Amounts payable | 17/49 | €9,913 | €88,010 | +€78,097 | +788% |
| Amounts payable after more than one year | 17 | - | €29,672 | +€29,672 | |
| Financial debts | 170/4 | - | €29,672 | +€29,672 | |
| Amounts payable within one year | 42/48 | €9,913 | €58,338 | +€48,425 | +488% |
| Current portion of amounts payable after more than one year | 42 | - | €8,558 | +€8,558 | |
| Trade debts | 44 | €3,273 | €40,836 | +€37,563 | +1,148% |
| Suppliers | 440/4 | €3,273 | €40,836 | +€37,563 | +1,148% |
| Taxes, remuneration and social security | 45 | €5,604 | €7,899 | +€2,295 | +41.0% |
| Taxes | 450/3 | €5,440 | €5,736 | +€296 | +5.4% |
| Remuneration and social security | 454/9 | €164 | €2,163 | +€1,999 | +1,219% |
| Other amounts payable | 47/48 | €1,036 | €1,045 | +€9 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €930 | €7,857 | +€6,927 | +745% |
| Other operating charges | 640/8 | €614 | €614 | = | 0.0% |
| Gross operating margin | 9900 | €35,844 | €48,015 | +€12,171 | +34.0% |
| Operating profit (loss) | 9901 | €34,300 | €39,544 | +€5,244 | +15.3% |
| Financial income | 75/76B | €491 | €484 | -€7 | -1.4% |
| Recurring financial income | 75 | €491 | €484 | -€7 | -1.4% |
| Financial charges | 65/66B | €139 | €1,127 | +€988 | +711% |
| Recurring financial charges | 65 | €139 | €1,127 | +€988 | +711% |
| Profit (loss) for the period before taxes | 9903 | €34,652 | €38,901 | +€4,249 | +12.3% |
| Income taxes | 67/77 | €10,939 | €10,976 | +€37 | +0.3% |
| Profit (loss) for the period | 9904 | €23,713 | €27,925 | +€4,212 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,713 | €27,925 | +€4,212 | +17.8% |
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.