ADP SERVICES: 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 SERVICES
Largest movements
- Receivables within one year +€33,085
up €33,085 (+204%), from €16,228 to €49,314
of which Trade receivables: +€16,913
- Tangible fixed assets +€25,269
up €25,269 (+681%), from €3,709 to €28,978
of which Furniture and vehicles: +€25,880
- Cash -€3,401
down €3,401 (-22.1%), from €15,408 to €12,007
mainly Receivables within one year (-€33,085) and Investment in fixed assets (net) (-€27,664)
- Profit (loss) carried forward +€23,375
up €23,375 (+106%), from €22,154 to €45,528
- Debts after one year +€17,352
new in 2025: €17,352
- Trade debts +€11,370
up €11,370 (+428%), from €2,656 to €14,025
- Current portion of long-term debt +€9,122
new in 2025: €9,122
- Tax, wage and social debts -€6,100
down €6,100 (-80.1%), from €7,618 to €1,518
of which Taxes: -€5,439
- Taxes +€4,597
up €4,597 (+97.9%), from €4,694 to €9,292
- Gross operating margin +€4,497
up €4,497 (+14.6%), from €30,809 to €35,307
- Staff costs -€3,994
down €3,994, from €3,333 to -€661
- Financial income +€469
new in 2025: €469
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 | €35,796 | €90,755 | +€54,959 | +154% |
| Fixed assets | 21/28 | €4,072 | €29,341 | +€25,269 | +621% |
| Tangible fixed assets | 22/27 | €3,709 | €28,978 | +€25,269 | +681% |
| Plant, machinery and equipment | 23 | €1,471 | €860 | -€611 | -41.5% |
| Furniture and vehicles | 24 | €2,238 | €28,118 | +€25,880 | +1,157% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €31,723 | €61,413 | +€29,690 | +93.6% |
| Amounts receivable within one year | 40/41 | €16,228 | €49,314 | +€33,085 | +204% |
| Trade receivables | 40 | €16,228 | €33,142 | +€16,913 | +104% |
| Other amounts receivable | 41 | - | €16,172 | +€16,172 | |
| Cash at bank and in hand | 54/58 | €15,408 | €12,007 | -€3,401 | -22.1% |
| Deferred charges and accrued income | 490/1 | €87 | €92 | +€6 | +6.8% |
| Total equity and liabilities | 10/49 | €35,796 | €90,755 | +€54,959 | +154% |
| Equity | 10/15 | €24,154 | €47,528 | +€23,375 | +96.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,154 | €45,528 | +€23,375 | +106% |
| Amounts payable | 17/49 | €11,642 | €43,226 | +€31,585 | +271% |
| Amounts payable after more than one year | 17 | - | €17,352 | +€17,352 | |
| Financial debts | 170/4 | - | €17,352 | +€17,352 | |
| Amounts payable within one year | 42/48 | €11,642 | €25,875 | +€14,233 | +122% |
| Current portion of amounts payable after more than one year | 42 | - | €9,122 | +€9,122 | |
| Trade debts | 44 | €2,656 | €14,025 | +€11,370 | +428% |
| Suppliers | 440/4 | €2,656 | €14,025 | +€11,370 | +428% |
| Advances received on contracts in progress | 46 | €1,210 | €1,210 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,618 | €1,518 | -€6,100 | -80.1% |
| Taxes | 450/3 | €6,957 | €1,518 | -€5,439 | -78.2% |
| Remuneration and social security | 454/9 | €661 | - | -€661 | |
| Other amounts payable | 47/48 | €158 | - | -€158 | |
| Remuneration, social security and pensions | 62 | €3,333 | -€661 | -€3,994 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,438 | €2,395 | -€43 | -1.8% |
| Other operating charges | 640/8 | €231 | €239 | +€8 | +3.3% |
| Gross operating margin | 9900 | €30,809 | €35,307 | +€4,497 | +14.6% |
| Operating profit (loss) | 9901 | €24,808 | €33,334 | +€8,527 | +34.4% |
| Financial income | 75/76B | - | €469 | +€469 | |
| Recurring financial income | 75 | - | €469 | +€469 | |
| Financial charges | 65/66B | €1,468 | €1,136 | -€331 | -22.6% |
| Recurring financial charges | 65 | €1,468 | €1,136 | -€331 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €23,340 | €32,667 | +€9,326 | +40.0% |
| Income taxes | 67/77 | €4,694 | €9,292 | +€4,597 | +97.9% |
| Profit (loss) for the period | 9904 | €18,646 | €23,375 | +€4,729 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,646 | €23,375 | +€4,729 | +25.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.