ADEVO: 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.
ADEVO
Largest movements
- Receivables within one year +€17,242
up €17,242 (+19.6%), from €87,828 to €105,071
of which Trade receivables: +€22,297
- Cash -€1,910
down €1,910 (-50.1%), from €3,810 to €1,900
mainly Receivables within one year (-€17,242) and Debts after one year (-€5,928)
- Tangible fixed assets -€1,203
down €1,203 (-39.1%), from €3,081 to €1,877
- Short-term financial debts +€13,264
new in 2024: €13,264
- Profit (loss) carried forward +€6,905
up €6,905 (+62.5%), from €11,054 to €17,959
- Debts after one year -€5,928
down €5,928 (-24.6%), from €24,082 to €18,154
- Other debts +€1,736
up €1,736 (+3.4%), from €51,202 to €52,937
- Tax, wage and social debts -€1,732
down €1,732 (-51.1%), from €3,390 to €1,658
- Gross operating margin +€16,037
up €16,037, from -€2,378 to €13,659
- Financial charges +€1,993
up €1,993 (+80.5%), from €2,475 to €4,468
- Other operating charges +€811
up €811 (+294.9%), from €275 to €1,086
- Depreciation -€167
down €167 (-12.2%), from €1,371 to €1,203
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,793 | €113,421 | +€14,629 | +14.8% |
| Fixed assets | 21/28 | €5,968 | €5,265 | -€703 | -11.8% |
| Tangible fixed assets | 22/27 | €3,081 | €1,877 | -€1,203 | -39.1% |
| Plant, machinery and equipment | 23 | €3,081 | €1,877 | -€1,203 | -39.1% |
| Financial fixed assets | 28 | €2,887 | €3,387 | +€500 | +17.3% |
| Current assets | 29/58 | €92,824 | €108,156 | +€15,332 | +16.5% |
| Stocks and contracts in progress | 3 | €1,186 | €1,186 | = | 0.0% |
| Stocks | 30/36 | €1,186 | €1,186 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €87,828 | €105,071 | +€17,242 | +19.6% |
| Trade receivables | 40 | €71,807 | €94,104 | +€22,297 | +31.1% |
| Other amounts receivable | 41 | €16,022 | €10,967 | -€5,055 | -31.6% |
| Cash at bank and in hand | 54/58 | €3,810 | €1,900 | -€1,910 | -50.1% |
| Total equity and liabilities | 10/49 | €98,793 | €113,421 | +€14,629 | +14.8% |
| Equity | 10/15 | €14,054 | €20,959 | +€6,905 | +49.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,054 | €17,959 | +€6,905 | +62.5% |
| Amounts payable | 17/49 | €84,738 | €92,462 | +€7,724 | +9.1% |
| Amounts payable after more than one year | 17 | €24,082 | €18,154 | -€5,928 | -24.6% |
| Financial debts | 170/4 | €24,082 | €18,154 | -€5,928 | -24.6% |
| Amounts payable within one year | 42/48 | €60,656 | €74,308 | +€13,652 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €6,064 | €6,449 | +€385 | +6.4% |
| Financial debts | 43 | - | €13,264 | +€13,264 | |
| Credit institutions | 430/8 | - | €13,264 | +€13,264 | |
| Taxes, remuneration and social security | 45 | €3,390 | €1,658 | -€1,732 | -51.1% |
| Taxes | 450/3 | €3,390 | €1,658 | -€1,732 | -51.1% |
| Other amounts payable | 47/48 | €51,202 | €52,937 | +€1,736 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,371 | €1,203 | -€167 | -12.2% |
| Other operating charges | 640/8 | €275 | €1,086 | +€811 | +294.9% |
| Gross operating margin | 9900 | -€2,378 | €13,659 | +€16,037 | |
| Operating profit (loss) | 9901 | -€4,023 | €11,370 | +€15,393 | |
| Financial income | 75/76B | €6 | €3 | -€3 | -50.2% |
| Recurring financial income | 75 | €6 | €3 | -€3 | -50.2% |
| Financial charges | 65/66B | €2,475 | €4,468 | +€1,993 | +80.5% |
| Recurring financial charges | 65 | €2,475 | €4,468 | +€1,993 | +80.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,492 | €6,905 | +€13,397 | |
| Profit (loss) for the period | 9904 | -€6,492 | €6,905 | +€13,397 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,492 | €6,905 | +€13,397 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.