A'DIEU: 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'DIEU
Largest movements
- Tangible fixed assets +€18,866
up €18,866 (+106%), from €17,732 to €36,599
of which Furniture and vehicles: +€17,605
- Receivables within one year +€11,532
up €11,532 (+60.4%), from €19,099 to €30,631
of which Other amounts receivable: +€13,015
- Cash -€2,289
down €2,289 (-7.0%), from €32,656 to €30,367
mainly Investment in fixed assets (net) (-€26,342) and Receivables within one year (-€11,532)
- Reserves +€29,933
up €29,933 (+248%), from €12,075 to €42,008
- Tax, wage and social debts +€12,928
up €12,928 (+127%), from €10,216 to €23,144
of which Taxes: +€12,869
- Debts after one year -€10,951
down €10,951 (-40.1%), from €27,293 to €16,343
- Trade debts -€2,484
down €2,484 (-51.3%), from €4,838 to €2,354
- Gross operating margin +€15,153
up €15,153 (+32.2%), from €47,029 to €62,182
- Taxes +€8,277
up €8,277 (+112%), from €7,373 to €15,650
- Staff costs +€3,706
up €3,706 (+168%), from €2,209 to €5,915
- Financial charges -€1,987
down €1,987 (-50.8%), from €3,908 to €1,921
- Depreciation +€1,664
up €1,664 (+28.6%), from €5,812 to €7,476
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 | €74,822 | €104,799 | +€29,977 | +40.1% |
| Formation expenses | 20 | €0 | €0 | -€0 | -100% |
| Fixed assets | 21/28 | €21,432 | €40,299 | +€18,866 | +88.0% |
| Tangible fixed assets | 22/27 | €17,732 | €36,599 | +€18,866 | +106% |
| Plant, machinery and equipment | 23 | €3,999 | €3,089 | -€910 | -22.8% |
| Furniture and vehicles | 24 | €13,733 | €31,339 | +€17,605 | +128% |
| Other tangible fixed assets | 26 | - | €2,171 | +€2,171 | |
| Financial fixed assets | 28 | €3,700 | €3,700 | = | 0.0% |
| Current assets | 29/58 | €53,390 | €64,500 | +€11,111 | +20.8% |
| Stocks and contracts in progress | 3 | €376 | €1,275 | +€899 | +239% |
| Stocks | 30/36 | €376 | €1,275 | +€899 | +239% |
| Amounts receivable within one year | 40/41 | €19,099 | €30,631 | +€11,532 | +60.4% |
| Trade receivables | 40 | €9,733 | €8,250 | -€1,483 | -15.2% |
| Other amounts receivable | 41 | €9,366 | €22,381 | +€13,015 | +139% |
| Cash at bank and in hand | 54/58 | €32,656 | €30,367 | -€2,289 | -7.0% |
| Deferred charges and accrued income | 490/1 | €1,259 | €2,227 | +€968 | +76.9% |
| Total equity and liabilities | 10/49 | €74,822 | €104,799 | +€29,977 | +40.1% |
| Equity | 10/15 | €22,075 | €52,008 | +€29,933 | +136% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €12,075 | €42,008 | +€29,933 | +248% |
| Distributable reserves | 133 | €12,075 | €42,008 | +€29,933 | +248% |
| Amounts payable | 17/49 | €52,747 | €52,791 | +€44 | +0.1% |
| Amounts payable after more than one year | 17 | €27,293 | €16,343 | -€10,951 | -40.1% |
| Financial debts | 170/4 | €27,293 | €16,343 | -€10,951 | -40.1% |
| Amounts payable within one year | 42/48 | €25,454 | €36,449 | +€10,995 | +43.2% |
| Current portion of amounts payable after more than one year | 42 | €10,400 | €10,951 | +€551 | +5.3% |
| Trade debts | 44 | €4,838 | €2,354 | -€2,484 | -51.3% |
| Suppliers | 440/4 | €4,838 | €2,354 | -€2,484 | -51.3% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €10,216 | €23,144 | +€12,928 | +127% |
| Taxes | 450/3 | €10,154 | €23,022 | +€12,869 | +127% |
| Remuneration and social security | 454/9 | €62 | €122 | +€59 | +95.5% |
| Non-recurring operating income | 76A | - | €208 | +€208 | |
| Remuneration, social security and pensions | 62 | €2,209 | €5,915 | +€3,706 | +168% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,812 | €7,476 | +€1,664 | +28.6% |
| Other operating charges | 640/8 | €1,530 | €1,376 | -€154 | -10.1% |
| Non-recurring operating charges | 66A | €675 | €0 | -€675 | -100% |
| Gross operating margin | 9900 | €47,029 | €62,182 | +€15,153 | +32.2% |
| Operating profit (loss) | 9901 | €36,802 | €47,415 | +€10,613 | +28.8% |
| Financial income | 75/76B | €16 | €89 | +€73 | +443% |
| Recurring financial income | 75 | €16 | €89 | +€73 | +443% |
| Financial charges | 65/66B | €3,908 | €1,921 | -€1,987 | -50.8% |
| Recurring financial charges | 65 | €3,908 | €1,921 | -€1,987 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €32,910 | €45,583 | +€12,673 | +38.5% |
| Income taxes | 67/77 | €7,373 | €15,650 | +€8,277 | +112% |
| Profit (loss) for the period | 9904 | €25,537 | €29,933 | +€4,395 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,537 | €29,933 | +€4,395 | +17.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.