A.D.P.: 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.
A.D.P.
Largest movements
- Tangible fixed assets -€17,007
down €17,007 (-10.5%), from €161,974 to €144,967
of which Land and buildings: -€14,533
- Cash -€16,593
down €16,593 (-23.7%), from €69,996 to €53,403
mainly Net result for the year (-€22,917) and Receivables within one year (-€12,493)
- Receivables within one year +€12,493
up €12,493 (+76.9%), from €16,243 to €28,736
of which Other amounts receivable: +€10,667
- Profit (loss) carried forward -€22,917
down €22,917 (-187.9%), from -€12,199 to -€35,117
- Trade debts +€17,116
up €17,116 (+444.9%), from €3,847 to €20,963
- Accrued charges and deferred income -€9,081
down €9,081 (-96.7%), from €9,390 to €309
- Debts after one year -€6,164
down €6,164 (-16.3%), from €37,846 to €31,682
- Gross operating margin -€13,823
down €13,823 (-91.6%), from €15,094 to €1,271
- Other operating charges -€7,241
down €7,241 (-50.5%), from €14,337 to €7,095
- Write-downs +€2,420
no longer reported in 2025 (was -€2,420)
- Depreciation +€724
up €724 (+4.4%), from €16,283 to €17,007
- Provisions -€662
new in 2025: -€662
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 | €250,488 | €229,216 | -€21,272 | -8.5% |
| Fixed assets | 21/28 | €161,974 | €144,967 | -€17,007 | -10.5% |
| Tangible fixed assets | 22/27 | €161,974 | €144,967 | -€17,007 | -10.5% |
| Land and buildings | 22 | €147,771 | €133,238 | -€14,533 | -9.8% |
| Furniture and vehicles | 24 | €14,203 | €11,729 | -€2,474 | -17.4% |
| Current assets | 29/58 | €88,514 | €84,249 | -€4,265 | -4.8% |
| Amounts receivable within one year | 40/41 | €16,243 | €28,736 | +€12,493 | +76.9% |
| Trade receivables | 40 | €1,178 | €3,004 | +€1,826 | +155.1% |
| Other amounts receivable | 41 | €15,065 | €25,732 | +€10,667 | +70.8% |
| Cash at bank and in hand | 54/58 | €69,996 | €53,403 | -€16,593 | -23.7% |
| Deferred charges and accrued income | 490/1 | €2,275 | €2,110 | -€165 | -7.3% |
| Total equity and liabilities | 10/49 | €250,488 | €229,216 | -€21,272 | -8.5% |
| Equity | 10/15 | €183,521 | €158,883 | -€24,637 | -13.4% |
| Contributions | 10/11 | €109,073 | €109,073 | = | 0.0% |
| Reserves | 13 | €86,647 | €84,927 | -€1,720 | -2.0% |
| Distributable reserves | 133 | €86,647 | €84,927 | -€1,720 | -2.0% |
| Profit (loss) carried forward | 14 | -€12,199 | -€35,117 | -€22,917 | -187.9% |
| Provisions and deferred taxes | 16 | €10,000 | €9,338 | -€662 | -6.6% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €9,338 | -€662 | -6.6% |
| Major repairs and maintenance | 162 | €10,000 | €9,338 | -€662 | -6.6% |
| Amounts payable | 17/49 | €56,967 | €60,995 | +€4,027 | +7.1% |
| Amounts payable after more than one year | 17 | €37,846 | €31,682 | -€6,164 | -16.3% |
| Financial debts | 170/4 | €37,846 | €31,682 | -€6,164 | -16.3% |
| Amounts payable within one year | 42/48 | €9,731 | €29,003 | +€19,272 | +198.0% |
| Current portion of amounts payable after more than one year | 42 | €5,846 | €6,164 | +€318 | +5.4% |
| Trade debts | 44 | €3,847 | €20,963 | +€17,116 | +444.9% |
| Suppliers | 440/4 | €3,847 | €20,963 | +€17,116 | +444.9% |
| Taxes, remuneration and social security | 45 | €38 | €247 | +€209 | +549.2% |
| Taxes | 450/3 | €38 | €247 | +€209 | +549.2% |
| Other amounts payable | 47/48 | - | €1,629 | +€1,629 | |
| Accrued charges and deferred income | 492/3 | €9,390 | €309 | -€9,081 | -96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,283 | €17,007 | +€724 | +4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,420 | - | +€2,420 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€662 | -€662 | |
| Other operating charges | 640/8 | €14,337 | €7,095 | -€7,241 | -50.5% |
| Gross operating margin | 9900 | €15,094 | €1,271 | -€13,823 | -91.6% |
| Operating profit (loss) | 9901 | -€13,105 | -€22,169 | -€9,064 | -69.2% |
| Financial income | 75/76B | €1,320 | €1,914 | +€594 | +45.0% |
| Recurring financial income | 75 | €1,320 | €1,914 | +€594 | +45.0% |
| Financial charges | 65/66B | €2,813 | €2,537 | -€275 | -9.8% |
| Recurring financial charges | 65 | €2,813 | €2,537 | -€275 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,598 | -€22,793 | -€8,195 | -56.1% |
| Income taxes | 67/77 | €67 | €125 | +€57 | +85.1% |
| Profit (loss) for the period | 9904 | -€14,665 | -€22,917 | -€8,252 | -56.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,665 | -€22,917 | -€8,252 | -56.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.