S.B. ADMI: what changed
S.B. ADMI
Largest movements
- Tangible fixed assets +€233,262
up €233,262 (+90.1%), from €258,873 to €492,135
of which Land and buildings: +€233,381
- Cash +€44,365
up €44,365 (+806%), from €5,504 to €49,869
mainly Other debts (+€196,392) and Receivables within one year (+€39,057)
- Receivables within one year -€39,057
down €39,057 (-63.6%), from €61,380 to €22,323
of which Other amounts receivable: -€51,207
- Other debts +€196,392
up €196,392 (+131%), from €150,212 to €346,604
- Profit (loss) carried forward +€21,138
up €21,138 (+21.9%), from €96,421 to €117,559
- Trade debts +€13,346
up €13,346 (+28.2%), from €47,400 to €60,746
- Tax, wage and social debts +€7,694
up €7,694 (+79.1%), from €9,724 to €17,418
- Depreciation +€11,066
up €11,066 (+94.9%), from €11,662 to €22,728
- Gross operating margin +€7,885
up €7,885 (+15.8%), from €50,040 to €57,925
- Financial charges +€5,640
up €5,640 (+777%), from €726 to €6,366
- Taxes -€2,231
down €2,231 (-22.9%), from €9,724 to €7,493
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €325,757 | €564,327 | +€238,570 | +73.2% |
| Fixed assets | 21/28 | €258,873 | €492,135 | +€233,262 | +90.1% |
| Tangible fixed assets | 22/27 | €258,873 | €492,135 | +€233,262 | +90.1% |
| Land and buildings | 22 | €255,450 | €488,831 | +€233,381 | +91.4% |
| Plant, machinery and equipment | 23 | €2,378 | €2,038 | -€340 | -14.3% |
| Furniture and vehicles | 24 | €1,045 | €1,266 | +€221 | +21.1% |
| Current assets | 29/58 | €66,884 | €72,192 | +€5,308 | +7.9% |
| Amounts receivable within one year | 40/41 | €61,380 | €22,323 | -€39,057 | -63.6% |
| Trade receivables | 40 | €340 | €12,490 | +€12,150 | +3,574% |
| Other amounts receivable | 41 | €61,040 | €9,833 | -€51,207 | -83.9% |
| Cash at bank and in hand | 54/58 | €5,504 | €49,869 | +€44,365 | +806% |
| Total equity and liabilities | 10/49 | €325,757 | €564,327 | +€238,570 | +73.2% |
| Equity | 10/15 | €118,421 | €139,559 | +€21,138 | +17.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,421 | €117,559 | +€21,138 | +21.9% |
| Amounts payable | 17/49 | €207,336 | €424,768 | +€217,432 | +105% |
| Amounts payable within one year | 42/48 | €207,336 | €424,768 | +€217,432 | +105% |
| Trade debts | 44 | €47,400 | €60,746 | +€13,346 | +28.2% |
| Suppliers | 440/4 | €47,400 | €60,746 | +€13,346 | +28.2% |
| Taxes, remuneration and social security | 45 | €9,724 | €17,418 | +€7,694 | +79.1% |
| Taxes | 450/3 | €9,724 | €17,418 | +€7,694 | +79.1% |
| Other amounts payable | 47/48 | €150,212 | €346,604 | +€196,392 | +131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,662 | €22,728 | +€11,066 | +94.9% |
| Other operating charges | 640/8 | €286 | €200 | -€86 | -30.1% |
| Gross operating margin | 9900 | €50,040 | €57,925 | +€7,885 | +15.8% |
| Operating profit (loss) | 9901 | €38,092 | €34,997 | -€3,095 | -8.1% |
| Financial charges | 65/66B | €726 | €6,366 | +€5,640 | +777% |
| Recurring financial charges | 65 | €726 | €6,366 | +€5,640 | +777% |
| Profit (loss) for the period before taxes | 9903 | €37,366 | €28,631 | -€8,735 | -23.4% |
| Income taxes | 67/77 | €9,724 | €7,493 | -€2,231 | -22.9% |
| Profit (loss) for the period | 9904 | €27,642 | €21,138 | -€6,504 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,642 | €21,138 | -€6,504 | -23.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.