ADT: 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.
ADT
Largest movements
- Tangible fixed assets -€88,393
down €88,393 (-3.6%), from €2.5m to €2.4m
- Debts after one year -€102,000
down €102,000 (-23.1%), from €442,500 to €340,500
- Financial charges +€10,783
up €10,783 (+191.9%), from €5,620 to €16,403
- Gross operating margin +€4,763
up €4,763 (+3.9%), from €121,949 to €126,711
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.
Cash bridge derived
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 | €2,566,490 | €2,478,605 | -€87,884 | -3.4% |
| Fixed assets | 21/28 | €2,482,003 | €2,393,610 | -€88,393 | -3.6% |
| Tangible fixed assets | 22/27 | €2,482,003 | €2,393,610 | -€88,393 | -3.6% |
| Land and buildings | 22 | €2,482,003 | €2,393,610 | -€88,393 | -3.6% |
| Current assets | 29/58 | €84,487 | €84,996 | +€509 | +0.6% |
| Amounts receivable within one year | 40/41 | €22,669 | €7,029 | -€15,640 | -69.0% |
| Trade receivables | 40 | €3,335 | €3,440 | +€105 | +3.1% |
| Other amounts receivable | 41 | €19,334 | €3,589 | -€15,745 | -81.4% |
| Cash at bank and in hand | 54/58 | €61,818 | €77,967 | +€16,149 | +26.1% |
| Total equity and liabilities | 10/49 | €2,566,490 | €2,478,605 | -€87,884 | -3.4% |
| Equity | 10/15 | €2,016,778 | €2,030,031 | +€13,253 | +0.7% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,778 | €30,031 | +€13,253 | +79.0% |
| Amounts payable | 17/49 | €549,712 | €448,575 | -€101,137 | -18.4% |
| Amounts payable after more than one year | 17 | €442,500 | €340,500 | -€102,000 | -23.1% |
| Financial debts | 170/4 | €442,500 | €340,500 | -€102,000 | -23.1% |
| Amounts payable within one year | 42/48 | €106,612 | €107,475 | +€863 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €102,000 | €102,000 | = | 0.0% |
| Trade debts | 44 | €4,599 | €5,057 | +€458 | +10.0% |
| Suppliers | 440/4 | €4,599 | €5,057 | +€458 | +10.0% |
| Taxes, remuneration and social security | 45 | €12 | €418 | +€405 | +3345.0% |
| Taxes | 450/3 | €12 | €418 | +€405 | +3345.0% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,393 | €88,393 | = | 0.0% |
| Other operating charges | 640/8 | €4,552 | €4,781 | +€229 | +5.0% |
| Gross operating margin | 9900 | €121,949 | €126,711 | +€4,763 | +3.9% |
| Operating profit (loss) | 9901 | €29,004 | €33,538 | +€4,534 | +15.6% |
| Financial income | 75/76B | €610 | €535 | -€75 | -12.3% |
| Recurring financial income | 75 | €610 | €535 | -€75 | -12.3% |
| Financial charges | 65/66B | €5,620 | €16,403 | +€10,783 | +191.9% |
| Recurring financial charges | 65 | €5,620 | €16,403 | +€10,783 | +191.9% |
| Profit (loss) for the period before taxes | 9903 | €23,994 | €17,670 | -€6,324 | -26.4% |
| Income taxes | 67/77 | €5,593 | €4,418 | -€1,175 | -21.0% |
| Profit (loss) for the period | 9904 | €18,402 | €13,253 | -€5,149 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,402 | €13,253 | -€5,149 | -28.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.