A.D.W FINANZ: 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.
A.D.W FINANZ
Largest movements
- Cash +€50,807
up €50,807 (+35.5%), from €143,047 to €193,854
mainly Net result for the year (+€63,424) and Current investments (+€14,515)
- Current investments -€14,515
down €14,515 (-8.2%), from €176,027 to €161,512
- Reserves +€63,424
up €63,424 (+24.6%), from €257,923 to €321,348
- Other debts -€30,228
down €30,228 (-85.7%), from €35,264 to €5,037
- Gross operating margin +€7,056
up €7,056 (+9.0%), from €78,284 to €85,340
- Financial charges +€6,020
up €6,020, from -€5,122 to €897
- Financial income +€5,290
up €5,290 (+940%), from €563 to €5,852
- Taxes +€2,296
up €2,296 (+10.4%), from €22,171 to €24,466
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 | €324,743 | €358,092 | +€33,350 | +10.3% |
| Fixed assets | 21/28 | €2,097 | €1,039 | -€1,058 | -50.4% |
| Tangible fixed assets | 22/27 | €2,097 | €1,039 | -€1,058 | -50.4% |
| Plant, machinery and equipment | 23 | €1,488 | €1,039 | -€448 | -30.1% |
| Furniture and vehicles | 24 | €610 | €0 | -€610 | -100% |
| Current assets | 29/58 | €322,645 | €357,053 | +€34,408 | +10.7% |
| Amounts receivable within one year | 40/41 | €2,998 | €1,086 | -€1,912 | -63.8% |
| Other amounts receivable | 41 | €2,998 | €1,086 | -€1,912 | -63.8% |
| Current investments | 50/53 | €176,027 | €161,512 | -€14,515 | -8.2% |
| Cash at bank and in hand | 54/58 | €143,047 | €193,854 | +€50,807 | +35.5% |
| Deferred charges and accrued income | 490/1 | €573 | €600 | +€27 | +4.7% |
| Total equity and liabilities | 10/49 | €324,743 | €358,092 | +€33,350 | +10.3% |
| Equity | 10/15 | €276,523 | €339,948 | +€63,424 | +22.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €257,923 | €321,348 | +€63,424 | +24.6% |
| Distributable reserves | 133 | €257,923 | €321,348 | +€63,424 | +24.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €48,219 | €18,145 | -€30,074 | -62.4% |
| Amounts payable within one year | 42/48 | €48,219 | €18,145 | -€30,074 | -62.4% |
| Trade debts | 44 | €31 | €32 | +€2 | +5.0% |
| Suppliers | 440/4 | €31 | €32 | +€2 | +5.0% |
| Taxes, remuneration and social security | 45 | €12,924 | €13,076 | +€152 | +1.2% |
| Taxes | 450/3 | €12,924 | €13,076 | +€152 | +1.2% |
| Other amounts payable | 47/48 | €35,264 | €5,037 | -€30,228 | -85.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,221 | €1,058 | -€163 | -13.4% |
| Other operating charges | 640/8 | €1,320 | €1,346 | +€26 | +2.0% |
| Gross operating margin | 9900 | €78,284 | €85,340 | +€7,056 | +9.0% |
| Operating profit (loss) | 9901 | €75,743 | €82,936 | +€7,193 | +9.5% |
| Financial income | 75/76B | €563 | €5,852 | +€5,290 | +940% |
| Recurring financial income | 75 | €563 | €5,852 | +€5,290 | +940% |
| Financial charges | 65/66B | -€5,122 | €897 | +€6,020 | |
| Recurring financial charges | 65 | -€5,122 | €897 | +€6,020 | |
| Profit (loss) for the period before taxes | 9903 | €81,428 | €87,891 | +€6,463 | +7.9% |
| Income taxes | 67/77 | €22,171 | €24,466 | +€2,296 | +10.4% |
| Profit (loss) for the period | 9904 | €59,257 | €63,424 | +€4,167 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,257 | €63,424 | +€4,167 | +7.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.