ADTS: 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.
ADTS
Largest movements
- Receivables after one year +€93,270
up €93,270 (+6.5%), from €1.4m to €1.5m
- Debts after one year +€886,349
up €886,349 (+548%), from €161,632 to €1.0m
- Other debts -€874,664
down €874,664 (-89.2%), from €980,145 to €105,481
- Profit (loss) carried forward +€83,861
up €83,861 (+170%), from €49,259 to €133,120
- Gross operating margin -€7,297
down €7,297 (-72.7%), from €10,035 to €2,738
- Taxes +€7,038
up €7,038 (+32.7%), from €21,500 to €28,538
- Financial income +€2,354
up €2,354 (+2.1%), from €111,530 to €113,884
- Financial charges +€819
up €819 (+255%), from €321 to €1,140
- Other operating charges +€804
up €804 (+98.8%), from €813 to €1,617
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 | €1,504,795 | €1,602,491 | +€97,696 | +6.5% |
| Fixed assets | 21/28 | €52,590 | €51,124 | -€1,466 | -2.8% |
| Tangible fixed assets | 22/27 | €9,209 | €7,743 | -€1,466 | -15.9% |
| Furniture and vehicles | 24 | €9,209 | €7,743 | -€1,466 | -15.9% |
| Financial fixed assets | 28 | €43,381 | €43,381 | = | 0.0% |
| Current assets | 29/58 | €1,452,204 | €1,551,367 | +€99,162 | +6.8% |
| Amounts receivable after more than one year | 29 | €1,433,452 | €1,526,722 | +€93,270 | +6.5% |
| Trade receivables | 290 | €1,433,452 | €1,526,722 | +€93,270 | +6.5% |
| Amounts receivable within one year | 40/41 | €10,186 | €4,228 | -€5,958 | -58.5% |
| Trade receivables | 40 | €8,071 | €3,577 | -€4,494 | -55.7% |
| Other amounts receivable | 41 | €2,115 | €651 | -€1,464 | -69.2% |
| Cash at bank and in hand | 54/58 | €7,486 | €18,559 | +€11,073 | +148% |
| Deferred charges and accrued income | 490/1 | €1,080 | €1,858 | +€778 | +72.0% |
| Total equity and liabilities | 10/49 | €1,504,795 | €1,602,491 | +€97,696 | +6.5% |
| Equity | 10/15 | €327,584 | €411,445 | +€83,861 | +25.6% |
| Contributions | 10/11 | €278,325 | €278,325 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,259 | €133,120 | +€83,861 | +170% |
| Amounts payable | 17/49 | €1,177,211 | €1,191,046 | +€13,835 | +1.2% |
| Amounts payable after more than one year | 17 | €161,632 | €1,047,981 | +€886,349 | +548% |
| Other amounts payable | 178/9 | €161,632 | €1,047,981 | +€886,349 | +548% |
| Amounts payable within one year | 42/48 | €1,015,579 | €143,066 | -€872,514 | -85.9% |
| Current portion of amounts payable after more than one year | 42 | €6,375 | €0 | -€6,375 | -100% |
| Trade debts | 44 | €6,938 | €1,466 | -€5,472 | -78.9% |
| Suppliers | 440/4 | €6,938 | €1,466 | -€5,472 | -78.9% |
| Taxes, remuneration and social security | 45 | €22,122 | €36,119 | +€13,997 | +63.3% |
| Taxes | 450/3 | €22,122 | €36,119 | +€13,997 | +63.3% |
| Other amounts payable | 47/48 | €980,145 | €105,481 | -€874,664 | -89.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,051 | €1,466 | -€584 | -28.5% |
| Other operating charges | 640/8 | €813 | €1,617 | +€804 | +98.8% |
| Gross operating margin | 9900 | €10,035 | €2,738 | -€7,297 | -72.7% |
| Operating profit (loss) | 9901 | €7,171 | -€345 | -€7,516 | |
| Financial income | 75/76B | €111,530 | €113,884 | +€2,354 | +2.1% |
| Recurring financial income | 75 | €111,530 | €113,884 | +€2,354 | +2.1% |
| Financial charges | 65/66B | €321 | €1,140 | +€819 | +255% |
| Recurring financial charges | 65 | €321 | €1,140 | +€819 | +255% |
| Profit (loss) for the period before taxes | 9903 | €118,380 | €112,399 | -€5,981 | -5.1% |
| Income taxes | 67/77 | €21,500 | €28,538 | +€7,038 | +32.7% |
| Profit (loss) for the period | 9904 | €96,880 | €83,861 | -€13,019 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €96,880 | €83,861 | -€13,019 | -13.4% |
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 26 October 2026 via checked.be.