ADPLH: 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.
ADPLH
Largest movements
- Cash +€1.4m
up €1.4m (+11481.8%), from €12,266 to €1.4m
mainly Accrued charges and deferred income (+€1.1m) and Receivables within one year (+€297,856)
- Receivables within one year -€297,856
down €297,856 (-98.9%), from €301,250 to €3,394
of which Other amounts receivable: -€298,267
- Accrued charges and deferred income +€1.1m
up €1.1m (+2105.3%), from €50,350 to €1.1m
- Trade debts -€53,317
down €53,317 (-77.0%), from €69,209 to €15,893
- Profit (loss) carried forward +€47,228
up €47,228 (+10.3%), from €458,215 to €505,443
- Gross operating margin +€47,569
up €47,569 (+63.9%), from €74,498 to €122,067
- Taxes +€33,565
up €33,565 (+335.6%), from €10,000 to €43,565
- Other operating charges +€5,654
up €5,654 (+83.3%), from €6,791 to €12,445
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 | €2,488,049 | €3,563,572 | +€1.1m | +43.2% |
| Fixed assets | 21/28 | €2,164,532 | €2,139,515 | -€25,017 | -1.2% |
| Tangible fixed assets | 22/27 | €500,532 | €475,515 | -€25,017 | -5.0% |
| Land and buildings | 22 | €486,992 | €471,224 | -€15,768 | -3.2% |
| Plant, machinery and equipment | 23 | €1,457 | - | -€1,457 | |
| Furniture and vehicles | 24 | €12,084 | €4,291 | -€7,792 | -64.5% |
| Financial fixed assets | 28 | €1,664,000 | €1,664,000 | = | 0.0% |
| Current assets | 29/58 | €323,517 | €1,424,056 | +€1.1m | +340.2% |
| Amounts receivable within one year | 40/41 | €301,250 | €3,394 | -€297,856 | -98.9% |
| Trade receivables | 40 | - | €412 | +€412 | |
| Other amounts receivable | 41 | €301,250 | €2,983 | -€298,267 | -99.0% |
| Cash at bank and in hand | 54/58 | €12,266 | €1,420,662 | +€1.4m | +11481.8% |
| Deferred charges and accrued income | 490/1 | €10,000 | - | -€10,000 | |
| Total equity and liabilities | 10/49 | €2,488,049 | €3,563,572 | +€1.1m | +43.2% |
| Equity | 10/15 | €2,309,075 | €2,356,303 | +€47,228 | +2.0% |
| Contributions | 10/11 | €1,682,600 | €1,682,600 | = | 0.0% |
| Outside capital | 11 | €1,682,600 | €1,682,600 | = | 0.0% |
| Share premium | 1100/10 | €1,682,600 | €1,682,600 | = | 0.0% |
| Reserves | 13 | €168,260 | €168,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €168,260 | €168,260 | = | 0.0% |
| Reserves not available under the articles | 1311 | €168,260 | €168,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €458,215 | €505,443 | +€47,228 | +10.3% |
| Amounts payable | 17/49 | €178,973 | €1,207,268 | +€1.0m | +574.6% |
| Amounts payable within one year | 42/48 | €128,623 | €96,918 | -€31,705 | -24.6% |
| Trade debts | 44 | €69,209 | €15,893 | -€53,317 | -77.0% |
| Suppliers | 440/4 | €69,209 | €15,893 | -€53,317 | -77.0% |
| Other amounts payable | 47/48 | €59,414 | €81,026 | +€21,612 | +36.4% |
| Accrued charges and deferred income | 492/3 | €50,350 | €1,110,350 | +€1.1m | +2105.3% |
| Non-recurring operating income | 76A | - | €15,341 | +€15,341 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,651 | €18,750 | +€99 | +0.5% |
| Other operating charges | 640/8 | €6,791 | €12,445 | +€5,654 | +83.3% |
| Gross operating margin | 9900 | €74,498 | €122,067 | +€47,569 | +63.9% |
| Operating profit (loss) | 9901 | €49,056 | €90,872 | +€41,816 | +85.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €74 | €79 | +€5 | +7.0% |
| Recurring financial charges | 65 | €74 | €79 | +€5 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €48,982 | €90,792 | +€41,811 | +85.4% |
| Income taxes | 67/77 | €10,000 | €43,565 | +€33,565 | +335.6% |
| Profit (loss) for the period | 9904 | €38,982 | €47,228 | +€8,246 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,982 | €47,228 | +€8,246 | +21.2% |
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 3 October 2026 via checked.be.