ADN CONCEPT: 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.
ADN CONCEPT
Largest movements
- Receivables within one year +€26,304
up €26,304 (+62.2%), from €42,304 to €68,608
of which Trade receivables: +€26,677
- Tangible fixed assets -€17,004
down €17,004 (-12.9%), from €132,265 to €115,261
of which Plant, machinery and equipment: -€8,653
- Reserves +€21,154
up €21,154 (+103.0%), from €20,538 to €41,692
- Debts after one year -€18,969
down €18,969 (-22.1%), from €85,741 to €66,772
- Tax, wage and social debts +€4,994
up €4,994 (+36.5%), from €13,680 to €18,674
of which Taxes: +€4,610
- Trade debts +€4,763
up €4,763 (+313.2%), from €1,521 to €6,284
- Other operating charges -€5,127
down €5,127 (-48.7%), from €10,518 to €5,392
- Staff costs +€4,640
up €4,640 (+13.3%), from €34,777 to €39,417
- Gross operating margin -€3,817
down €3,817 (-4.0%), from €96,219 to €92,403
- Write-downs -€3,054
no longer reported in 2025 (was €3,054)
- Depreciation -€2,511
down €2,511 (-11.6%), from €21,630 to €19,119
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 | €228,674 | €241,117 | +€12,443 | +5.4% |
| Fixed assets | 21/28 | €132,720 | €115,716 | -€17,004 | -12.8% |
| Tangible fixed assets | 22/27 | €132,265 | €115,261 | -€17,004 | -12.9% |
| Land and buildings | 22 | €81,115 | €76,648 | -€4,467 | -5.5% |
| Plant, machinery and equipment | 23 | €38,422 | €29,769 | -€8,653 | -22.5% |
| Furniture and vehicles | 24 | €1,973 | €2,866 | +€892 | +45.2% |
| Leasing and similar rights | 25 | €10,754 | €5,979 | -€4,775 | -44.4% |
| Financial fixed assets | 28 | €455 | €455 | = | 0.0% |
| Current assets | 29/58 | €95,954 | €125,401 | +€29,446 | +30.7% |
| Stocks and contracts in progress | 3 | €23,873 | €21,776 | -€2,097 | -8.8% |
| Stocks | 30/36 | €23,873 | €21,776 | -€2,097 | -8.8% |
| Amounts receivable within one year | 40/41 | €42,304 | €68,608 | +€26,304 | +62.2% |
| Trade receivables | 40 | €39,204 | €65,880 | +€26,677 | +68.0% |
| Other amounts receivable | 41 | €3,100 | €2,727 | -€372 | -12.0% |
| Current investments | 50/53 | €3,479 | €5,796 | +€2,317 | +66.6% |
| Cash at bank and in hand | 54/58 | €25,573 | €27,864 | +€2,291 | +9.0% |
| Deferred charges and accrued income | 490/1 | €726 | €1,357 | +€631 | +87.0% |
| Total equity and liabilities | 10/49 | €228,674 | €241,117 | +€12,443 | +5.4% |
| Equity | 10/15 | €109,008 | €130,162 | +€21,154 | +19.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €20,538 | €41,692 | +€21,154 | +103.0% |
| Distributable reserves | 133 | €20,538 | €41,692 | +€21,154 | +103.0% |
| Profit (loss) carried forward | 14 | €76,070 | €76,070 | = | 0.0% |
| Amounts payable | 17/49 | €119,666 | €110,955 | -€8,711 | -7.3% |
| Amounts payable after more than one year | 17 | €85,741 | €66,772 | -€18,969 | -22.1% |
| Financial debts | 170/4 | €85,741 | €66,772 | -€18,969 | -22.1% |
| Amounts payable within one year | 42/48 | €33,925 | €44,183 | +€10,258 | +30.2% |
| Current portion of amounts payable after more than one year | 42 | €18,724 | €19,225 | +€501 | +2.7% |
| Trade debts | 44 | €1,521 | €6,284 | +€4,763 | +313.2% |
| Suppliers | 440/4 | €1,521 | €6,284 | +€4,763 | +313.2% |
| Taxes, remuneration and social security | 45 | €13,680 | €18,674 | +€4,994 | +36.5% |
| Taxes | 450/3 | €9,627 | €14,236 | +€4,610 | +47.9% |
| Remuneration and social security | 454/9 | €4,053 | €4,438 | +€385 | +9.5% |
| Remuneration, social security and pensions | 62 | €34,777 | €39,417 | +€4,640 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,630 | €19,119 | -€2,511 | -11.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,054 | - | -€3,054 | |
| Other operating charges | 640/8 | €10,518 | €5,392 | -€5,127 | -48.7% |
| Gross operating margin | 9900 | €96,219 | €92,403 | -€3,817 | -4.0% |
| Operating profit (loss) | 9901 | €26,240 | €28,476 | +€2,236 | +8.5% |
| Financial income | 75/76B | €19 | €26 | +€7 | +34.9% |
| Recurring financial income | 75 | €19 | €26 | +€7 | +34.9% |
| Financial charges | 65/66B | €5,714 | €5,233 | -€481 | -8.4% |
| Recurring financial charges | 65 | €5,714 | €5,233 | -€481 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €20,546 | €23,269 | +€2,724 | +13.3% |
| Income taxes | 67/77 | €1,868 | €2,115 | +€248 | +13.3% |
| Profit (loss) for the period | 9904 | €18,678 | €21,154 | +€2,476 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,678 | €21,154 | +€2,476 | +13.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.