ADRIAN TRANS & 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.
ADRIAN TRANS & SERVICES
Largest movements
- Tangible fixed assets -€89,899
down €89,899 (-40.8%), from €220,136 to €130,237
of which Furniture and vehicles: -€84,328
- Cash +€21,003
up €21,003 (+19.2%), from €109,566 to €130,569
mainly Depreciation (+€91,830) and Net result for the year (+€49,516)
- Receivables within one year +€6,942
up €6,942 (+6.9%), from €100,031 to €106,973
- Debts after one year -€46,093
down €46,093 (-31.8%), from €144,984 to €98,892
- Current portion of long-term debt -€38,822
down €38,822 (-45.7%), from €84,914 to €46,093
- Trade debts +€12,629
up €12,629 (+32.5%), from €38,827 to €51,457
- Tax, wage and social debts +€5,873
up €5,873 (+9.7%), from €60,683 to €66,556
of which Taxes: +€11,600
- Other debts +€4,458
up €4,458 (+8.0%), from €55,550 to €60,007
- Gross operating margin +€90,915
up €90,915 (+18.4%), from €493,822 to €584,737
- Staff costs +€63,276
up €63,276 (+24.9%), from €254,442 to €317,717
- Depreciation -€26,677
down €26,677 (-22.5%), from €118,507 to €91,830
- Other operating charges +€23,440
up €23,440 (+33.6%), from €69,718 to €93,158
- Taxes +€9,332
up €9,332 (+70.2%), from €13,292 to €22,624
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 | €430,233 | €368,279 | -€61,954 | -14.4% |
| Fixed assets | 21/28 | €220,636 | €130,737 | -€89,899 | -40.7% |
| Tangible fixed assets | 22/27 | €220,136 | €130,237 | -€89,899 | -40.8% |
| Plant, machinery and equipment | 23 | €1,363 | €756 | -€607 | -44.5% |
| Furniture and vehicles | 24 | €210,809 | €126,481 | -€84,328 | -40.0% |
| Leasing and similar rights | 25 | €7,965 | €3,000 | -€4,965 | -62.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €209,597 | €237,542 | +€27,945 | +13.3% |
| Amounts receivable within one year | 40/41 | €100,031 | €106,973 | +€6,942 | +6.9% |
| Trade receivables | 40 | €100,031 | €106,973 | +€6,942 | +6.9% |
| Cash at bank and in hand | 54/58 | €109,566 | €130,569 | +€21,003 | +19.2% |
| Total equity and liabilities | 10/49 | €430,233 | €368,279 | -€61,954 | -14.4% |
| Equity | 10/15 | €45,275 | €45,275 | = | 0.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €24,815 | €24,815 | = | 0.0% |
| Distributable reserves | 133 | €24,815 | €24,815 | = | 0.0% |
| Amounts payable | 17/49 | €384,958 | €323,004 | -€61,954 | -16.1% |
| Amounts payable after more than one year | 17 | €144,984 | €98,892 | -€46,093 | -31.8% |
| Financial debts | 170/4 | €144,984 | €98,892 | -€46,093 | -31.8% |
| Amounts payable within one year | 42/48 | €239,974 | €224,112 | -€15,861 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €84,914 | €46,093 | -€38,822 | -45.7% |
| Trade debts | 44 | €38,827 | €51,457 | +€12,629 | +32.5% |
| Suppliers | 440/4 | €38,827 | €51,457 | +€12,629 | +32.5% |
| Taxes, remuneration and social security | 45 | €60,683 | €66,556 | +€5,873 | +9.7% |
| Taxes | 450/3 | €53,142 | €64,742 | +€11,600 | +21.8% |
| Remuneration and social security | 454/9 | €7,540 | €1,814 | -€5,727 | -75.9% |
| Other amounts payable | 47/48 | €55,550 | €60,007 | +€4,458 | +8.0% |
| Non-recurring operating income | 76A | €3,000 | €2,010 | -€990 | -33.0% |
| Remuneration, social security and pensions | 62 | €254,442 | €317,717 | +€63,276 | +24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,507 | €91,830 | -€26,677 | -22.5% |
| Other operating charges | 640/8 | €69,718 | €93,158 | +€23,440 | +33.6% |
| Non-recurring operating charges | 66A | €766 | - | -€766 | |
| Gross operating margin | 9900 | €493,822 | €584,737 | +€90,915 | +18.4% |
| Operating profit (loss) | 9901 | €50,389 | €82,032 | +€31,643 | +62.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -95.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -95.0% |
| Financial charges | 65/66B | €13,750 | €9,892 | -€3,859 | -28.1% |
| Recurring financial charges | 65 | €13,750 | €9,892 | -€3,859 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €36,639 | €72,140 | +€35,501 | +96.9% |
| Income taxes | 67/77 | €13,292 | €22,624 | +€9,332 | +70.2% |
| Profit (loss) for the period | 9904 | €23,347 | €49,516 | +€26,169 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €23,347 | €49,516 | +€26,169 | +112% |
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 20 October 2026 via checked.be.