ADACON SOLUTIONS: 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.
ADACON SOLUTIONS
Largest movements
- Tangible fixed assets +€409,193
up €409,193 (+33.0%), from €1.2m to €1.6m
of which Land and buildings: +€421,902
- Current investments +€53,375
new in 2025: €53,375
- Reserves +€333,511
up €333,511 (+33.8%), from €985,393 to €1.3m
- Debts after one year +€191,130
up €191,130 (+44.5%), from €429,836 to €620,966
- Other debts -€27,056
down €27,056 (-99.0%), from €27,318 to €262
- Tax, wage and social debts -€23,873
down €23,873 (-27.3%), from €87,290 to €63,417
of which Taxes: -€16,312
- Gross operating margin +€148,593
up €148,593 (+26.6%), from €558,166 to €706,758
- Depreciation +€35,589
up €35,589 (+23.7%), from €150,063 to €185,652
- Taxes +€33,341
up €33,341 (+28.0%), from €118,895 to €152,236
- Financial charges +€9,501
up €9,501 (+54.7%), from €17,366 to €26,867
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 | €1,714,780 | €2,202,787 | +€488,007 | +28.5% |
| Fixed assets | 21/28 | €1,239,079 | €1,648,272 | +€409,193 | +33.0% |
| Tangible fixed assets | 22/27 | €1,239,079 | €1,648,272 | +€409,193 | +33.0% |
| Land and buildings | 22 | €1,122,933 | €1,544,835 | +€421,902 | +37.6% |
| Plant, machinery and equipment | 23 | €1,550 | €9,652 | +€8,102 | +523% |
| Furniture and vehicles | 24 | €89,731 | €64,456 | -€25,275 | -28.2% |
| Other tangible fixed assets | 26 | €24,864 | €29,329 | +€4,464 | +18.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €475,701 | €554,514 | +€78,813 | +16.6% |
| Amounts receivable within one year | 40/41 | €114,257 | €129,752 | +€15,496 | +13.6% |
| Trade receivables | 40 | €114,101 | €129,721 | +€15,620 | +13.7% |
| Other amounts receivable | 41 | €156 | €32 | -€125 | -79.8% |
| Current investments | 50/53 | - | €53,375 | +€53,375 | |
| Cash at bank and in hand | 54/58 | €358,178 | €362,559 | +€4,382 | +1.2% |
| Deferred charges and accrued income | 490/1 | €3,267 | €8,828 | +€5,561 | +170% |
| Total equity and liabilities | 10/49 | €1,714,780 | €2,202,787 | +€488,007 | +28.5% |
| Equity | 10/15 | €1,025,993 | €1,359,504 | +€333,511 | +32.5% |
| Contributions | 10/11 | €40,600 | €40,600 | = | 0.0% |
| Reserves | 13 | €985,393 | €1,318,904 | +€333,511 | +33.8% |
| Distributable reserves | 133 | €985,393 | €1,318,904 | +€333,511 | +33.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €688,787 | €843,283 | +€154,495 | +22.4% |
| Amounts payable after more than one year | 17 | €429,836 | €620,966 | +€191,130 | +44.5% |
| Financial debts | 170/4 | €429,836 | €620,966 | +€191,130 | +44.5% |
| Amounts payable within one year | 42/48 | €241,849 | €196,951 | -€44,898 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €33,641 | €47,110 | +€13,469 | +40.0% |
| Trade debts | 44 | €93,600 | €86,161 | -€7,439 | -7.9% |
| Suppliers | 440/4 | €93,600 | €86,161 | -€7,439 | -7.9% |
| Taxes, remuneration and social security | 45 | €87,290 | €63,417 | -€23,873 | -27.3% |
| Taxes | 450/3 | €79,729 | €63,417 | -€16,312 | -20.5% |
| Remuneration and social security | 454/9 | €7,560 | €0 | -€7,560 | -100% |
| Other amounts payable | 47/48 | €27,318 | €262 | -€27,056 | -99.0% |
| Accrued charges and deferred income | 492/3 | €17,102 | €25,366 | +€8,264 | +48.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150,063 | €185,652 | +€35,589 | +23.7% |
| Other operating charges | 640/8 | €7,112 | €8,508 | +€1,396 | +19.6% |
| Gross operating margin | 9900 | €558,166 | €706,758 | +€148,593 | +26.6% |
| Operating profit (loss) | 9901 | €400,990 | €512,598 | +€111,608 | +27.8% |
| Financial income | 75/76B | €2 | €17 | +€15 | +772% |
| Recurring financial income | 75 | €2 | €17 | +€15 | +772% |
| Financial charges | 65/66B | €17,366 | €26,867 | +€9,501 | +54.7% |
| Recurring financial charges | 65 | €17,366 | €26,867 | +€9,501 | +54.7% |
| Profit (loss) for the period before taxes | 9903 | €383,626 | €485,747 | +€102,121 | +26.6% |
| Income taxes | 67/77 | €118,895 | €152,236 | +€33,341 | +28.0% |
| Profit (loss) for the period | 9904 | €264,731 | €333,511 | +€68,780 | +26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €264,731 | €333,511 | +€68,780 | +26.0% |
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 20 October 2026 via checked.be.