ADA IMMO: 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.
ADA IMMO
Largest movements
- Cash +€105,707
up €105,707 (+3097.3%), from €3,413 to €109,120
mainly Short-term financial debts (+€159,865) and Trade debts (+€37,072)
- Stocks and contracts +€89,642
up €89,642 (+22.9%), from €390,881 to €480,523
- Receivables within one year +€18,234
up €18,234 (+62.3%), from €29,287 to €47,521
of which Other amounts receivable: +€14,242
- Short-term financial debts +€159,865
up €159,865 (+55.1%), from €290,135 to €450,000
- Trade debts +€37,072
up €37,072 (+66.7%), from €55,553 to €92,625
- Reserves +€15,851
new in 2025: €15,851
- Gross operating margin +€22,163
up €22,163, from -€64 to €22,099
- Taxes +€3,963
new in 2025: €3,963
- Financial charges +€1,299
up €1,299 (+3712.1%), from €35 to €1,334
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 | €423,581 | €637,164 | +€213,583 | +50.4% |
| Current assets | 29/58 | €423,581 | €637,164 | +€213,583 | +50.4% |
| Stocks and contracts in progress | 3 | €390,881 | €480,523 | +€89,642 | +22.9% |
| Stocks | 30/36 | €390,881 | €480,523 | +€89,642 | +22.9% |
| Amounts receivable within one year | 40/41 | €29,287 | €47,521 | +€18,234 | +62.3% |
| Trade receivables | 40 | €912 | €4,904 | +€3,992 | +437.7% |
| Other amounts receivable | 41 | €28,375 | €42,617 | +€14,242 | +50.2% |
| Cash at bank and in hand | 54/58 | €3,413 | €109,120 | +€105,707 | +3097.3% |
| Total equity and liabilities | 10/49 | €423,581 | €637,164 | +€213,583 | +50.4% |
| Equity | 10/15 | €59,805 | €76,151 | +€16,346 | +27.3% |
| Contributions | 10/11 | €60,300 | €60,300 | = | 0.0% |
| Reserves | 13 | - | €15,851 | +€15,851 | |
| Distributable reserves | 133 | - | €15,851 | +€15,851 | |
| Profit (loss) carried forward | 14 | -€495 | - | +€495 | |
| Amounts payable | 17/49 | €363,776 | €561,013 | +€197,237 | +54.2% |
| Amounts payable within one year | 42/48 | €363,776 | €561,013 | +€197,237 | +54.2% |
| Financial debts | 43 | €290,135 | €450,000 | +€159,865 | +55.1% |
| Credit institutions | 430/8 | €290,135 | €450,000 | +€159,865 | +55.1% |
| Trade debts | 44 | €55,553 | €92,625 | +€37,072 | +66.7% |
| Suppliers | 440/4 | €55,553 | €92,625 | +€37,072 | +66.7% |
| Taxes, remuneration and social security | 45 | - | €3,963 | +€3,963 | |
| Taxes | 450/3 | - | €3,963 | +€3,963 | |
| Other amounts payable | 47/48 | €18,087 | €14,425 | -€3,662 | -20.2% |
| Other operating charges | 640/8 | €396 | €457 | +€61 | +15.4% |
| Gross operating margin | 9900 | -€64 | €22,099 | +€22,163 | |
| Operating profit (loss) | 9901 | -€460 | €21,642 | +€22,102 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €35 | €1,334 | +€1,299 | +3712.1% |
| Recurring financial charges | 65 | €35 | €1,334 | +€1,299 | +3712.1% |
| Profit (loss) for the period before taxes | 9903 | -€495 | €20,309 | +€20,803 | |
| Income taxes | 67/77 | - | €3,963 | +€3,963 | |
| Profit (loss) for the period | 9904 | -€495 | €16,346 | +€16,840 | |
| Profit (loss) for the period to be appropriated | 9905 | -€495 | €16,346 | +€16,840 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.