ADALTA: 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.
ADALTA
Largest movements
- Receivables within one year -€8,155
down €8,155 (-22.3%), from €36,547 to €28,392
- Cash +€2,620
up €2,620 (+10.7%), from €24,575 to €27,195
mainly Receivables within one year (+€8,155) and Depreciation (+€2,333)
- Tangible fixed assets -€2,390
down €2,390 (-54.2%), from €4,407 to €2,017
of which Furniture and vehicles: -€2,066
- Profit (loss) carried forward -€4,957
down €4,957 (-20.1%), from €24,602 to €19,645
- Tax, wage and social debts -€1,680
down €1,680 (-23.7%), from €7,083 to €5,402
- Trade debts -€1,288
down €1,288 (-9.6%), from €13,385 to €12,097
- Gross operating margin +€9,767
up €9,767 (+84.0%), from -€11,629 to -€1,862
- Taxes -€258
new in 2025: -€258
- Financial charges +€133
up €133 (+185%), from €72 to €205
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 | €65,529 | €57,604 | -€7,926 | -12.1% |
| Fixed assets | 21/28 | €4,407 | €2,017 | -€2,390 | -54.2% |
| Tangible fixed assets | 22/27 | €4,407 | €2,017 | -€2,390 | -54.2% |
| Furniture and vehicles | 24 | €3,906 | €1,839 | -€2,066 | -52.9% |
| Other tangible fixed assets | 26 | €501 | €177 | -€324 | -64.6% |
| Current assets | 29/58 | €61,123 | €55,587 | -€5,536 | -9.1% |
| Amounts receivable within one year | 40/41 | €36,547 | €28,392 | -€8,155 | -22.3% |
| Trade receivables | 40 | €36,547 | €28,392 | -€8,155 | -22.3% |
| Cash at bank and in hand | 54/58 | €24,575 | €27,195 | +€2,620 | +10.7% |
| Total equity and liabilities | 10/49 | €65,529 | €57,604 | -€7,926 | -12.1% |
| Equity | 10/15 | €45,062 | €40,105 | -€4,957 | -11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,602 | €19,645 | -€4,957 | -20.1% |
| Amounts payable | 17/49 | €20,468 | €17,499 | -€2,969 | -14.5% |
| Amounts payable within one year | 42/48 | €20,468 | €17,499 | -€2,969 | -14.5% |
| Trade debts | 44 | €13,385 | €12,097 | -€1,288 | -9.6% |
| Suppliers | 440/4 | €13,385 | €12,097 | -€1,288 | -9.6% |
| Taxes, remuneration and social security | 45 | €7,083 | €5,402 | -€1,680 | -23.7% |
| Taxes | 450/3 | €7,083 | €5,402 | -€1,680 | -23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,396 | €2,333 | -€64 | -2.7% |
| Other operating charges | 640/8 | €917 | €816 | -€102 | -11.1% |
| Gross operating margin | 9900 | -€11,629 | -€1,862 | +€9,767 | +84.0% |
| Operating profit (loss) | 9901 | -€14,942 | -€5,010 | +€9,932 | +66.5% |
| Financial income | 75/76B | €14 | - | -€14 | |
| Recurring financial income | 75 | €14 | - | -€14 | |
| Financial charges | 65/66B | €72 | €205 | +€133 | +185% |
| Recurring financial charges | 65 | €72 | €205 | +€133 | +185% |
| Profit (loss) for the period before taxes | 9903 | -€15,000 | -€5,215 | +€9,785 | +65.2% |
| Income taxes | 67/77 | - | -€258 | -€258 | |
| Profit (loss) for the period | 9904 | -€15,000 | -€4,957 | +€10,043 | +67.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,000 | -€4,957 | +€10,043 | +67.0% |
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 25 October 2026 via checked.be.