ADT EXPERTISES: 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.
ADT EXPERTISES
Largest movements
- Cash +€13,702
up €13,702 (+36.0%), from €38,103 to €51,805
mainly Depreciation (+€7,206) and Net result for the year (+€5,207)
- Tangible fixed assets -€2,268
down €2,268 (-18.3%), from €12,372 to €10,104
- Receivables within one year -€2,130
no longer reported in 2025 (was €2,130)
of which Other amounts receivable: -€1,477
- Reserves +€5,207
up €5,207 (+13.2%), from €39,540 to €44,747
- Tax, wage and social debts +€4,205
up €4,205 (+483%), from €870 to €5,075
- Other debts -€941
down €941 (-17.8%), from €5,289 to €4,347
- Trade debts +€646
up €646 (+21.5%), from €3,003 to €3,649
- Gross operating margin +€589
up €589 (+3.7%), from €15,981 to €16,570
- Taxes +€242
up €242 (+8.0%), from €3,023 to €3,264
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 | €54,942 | €64,058 | +€9,117 | +16.6% |
| Fixed assets | 21/28 | €12,372 | €10,104 | -€2,268 | -18.3% |
| Tangible fixed assets | 22/27 | €12,372 | €10,104 | -€2,268 | -18.3% |
| Furniture and vehicles | 24 | €12,372 | €10,104 | -€2,268 | -18.3% |
| Current assets | 29/58 | €42,569 | €53,954 | +€11,385 | +26.7% |
| Amounts receivable within one year | 40/41 | €2,130 | - | -€2,130 | |
| Trade receivables | 40 | €652 | - | -€652 | |
| Other amounts receivable | 41 | €1,477 | - | -€1,477 | |
| Cash at bank and in hand | 54/58 | €38,103 | €51,805 | +€13,702 | +36.0% |
| Deferred charges and accrued income | 490/1 | €2,336 | €2,149 | -€187 | -8.0% |
| Total equity and liabilities | 10/49 | €54,942 | €64,058 | +€9,117 | +16.6% |
| Equity | 10/15 | €45,779 | €50,987 | +€5,207 | +11.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €39,540 | €44,747 | +€5,207 | +13.2% |
| Distributable reserves | 133 | €39,540 | €44,747 | +€5,207 | +13.2% |
| Profit (loss) carried forward | 14 | €39 | €40 | +€0 | +0.2% |
| Amounts payable | 17/49 | €9,162 | €13,072 | +€3,910 | +42.7% |
| Amounts payable within one year | 42/48 | €9,162 | €13,072 | +€3,910 | +42.7% |
| Trade debts | 44 | €3,003 | €3,649 | +€646 | +21.5% |
| Suppliers | 440/4 | €3,003 | €3,649 | +€646 | +21.5% |
| Taxes, remuneration and social security | 45 | €870 | €5,075 | +€4,205 | +483% |
| Taxes | 450/3 | €870 | €5,075 | +€4,205 | +483% |
| Other amounts payable | 47/48 | €5,289 | €4,347 | -€941 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,154 | €7,206 | +€52 | +0.7% |
| Other operating charges | 640/8 | €720 | €748 | +€27 | +3.8% |
| Gross operating margin | 9900 | €15,981 | €16,570 | +€589 | +3.7% |
| Operating profit (loss) | 9901 | €8,106 | €8,616 | +€510 | +6.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €123 | €145 | +€22 | +17.7% |
| Recurring financial charges | 65 | €123 | €145 | +€22 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €7,983 | €8,471 | +€488 | +6.1% |
| Income taxes | 67/77 | €3,023 | €3,264 | +€242 | +8.0% |
| Profit (loss) for the period | 9904 | €4,960 | €5,207 | +€247 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,960 | €5,207 | +€247 | +5.0% |
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 27 October 2026 via checked.be.