ADANT: 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.
ADANT
Largest movements
- Tangible fixed assets +€25,856
up €25,856 (+4294.3%), from €602 to €26,458
of which Plant, machinery and equipment: +€25,856
- Cash +€5,594
up €5,594 (+86.2%), from €6,488 to €12,082
mainly Net result for the year (+€24,495) and Debts after one year (+€6,929)
- Deferred charges and accrued income +€3,754
up €3,754 (+733.6%), from €512 to €4,266
- Stocks and contracts -€881
down €881 (-12.2%), from €7,245 to €6,364
- Receivables within one year -€664
down €664 (-16.5%), from €4,035 to €3,371
of which Trade receivables: -€501
- Profit (loss) carried forward +€24,495
up €24,495 (+24.2%), from -€101,117 to -€76,622
- Debts after one year +€6,929
up €6,929 (+22.2%), from €31,237 to €38,166
- Current portion of long-term debt +€3,274
up €3,274 (+27.4%), from €11,935 to €15,209
- Tax, wage and social debts -€2,286
down €2,286 (-9.4%), from €24,192 to €21,907
of which Remuneration and social security: -€1,234
- Other debts +€891
up €891 (+6.2%), from €14,379 to €15,270
- Financial charges +€5,658
up €5,658 (+155.9%), from €3,630 to €9,288
- Staff costs +€3,846
up €3,846 (+4.3%), from €88,984 to €92,829
- Depreciation +€1,598
up €1,598 (+406.0%), from €394 to €1,992
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 | €19,074 | €52,733 | +€33,659 | +176.5% |
| Fixed assets | 21/28 | €794 | €26,650 | +€25,856 | +3255.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €602 | €26,458 | +€25,856 | +4294.3% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €602 | €26,458 | +€25,856 | +4294.3% |
| Financial fixed assets | 28 | €192 | €192 | = | 0.0% |
| Current assets | 29/58 | €18,280 | €26,083 | +€7,803 | +42.7% |
| Stocks and contracts in progress | 3 | €7,245 | €6,364 | -€881 | -12.2% |
| Stocks | 30/36 | €7,245 | €6,364 | -€881 | -12.2% |
| Amounts receivable within one year | 40/41 | €4,035 | €3,371 | -€664 | -16.5% |
| Trade receivables | 40 | €766 | €265 | -€501 | -65.4% |
| Other amounts receivable | 41 | €3,270 | €3,106 | -€164 | -5.0% |
| Cash at bank and in hand | 54/58 | €6,488 | €12,082 | +€5,594 | +86.2% |
| Deferred charges and accrued income | 490/1 | €512 | €4,266 | +€3,754 | +733.6% |
| Total equity and liabilities | 10/49 | €19,074 | €52,733 | +€33,659 | +176.5% |
| Equity | 10/15 | -€82,117 | -€57,622 | +€24,495 | +29.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Outside capital | 11 | €19,000 | €19,000 | = | 0.0% |
| Other | 1109/19 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,117 | -€76,622 | +€24,495 | +24.2% |
| Amounts payable | 17/49 | €101,191 | €110,355 | +€9,164 | +9.1% |
| Amounts payable after more than one year | 17 | €31,237 | €38,166 | +€6,929 | +22.2% |
| Financial debts | 170/4 | €31,237 | €38,166 | +€6,929 | +22.2% |
| Amounts payable within one year | 42/48 | €69,954 | €72,189 | +€2,235 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €11,935 | €15,209 | +€3,274 | +27.4% |
| Trade debts | 44 | €19,448 | €19,804 | +€356 | +1.8% |
| Suppliers | 440/4 | €19,448 | €19,804 | +€356 | +1.8% |
| Taxes, remuneration and social security | 45 | €24,192 | €21,907 | -€2,286 | -9.4% |
| Taxes | 450/3 | €1,052 | - | -€1,052 | |
| Remuneration and social security | 454/9 | €23,141 | €21,907 | -€1,234 | -5.3% |
| Other amounts payable | 47/48 | €14,379 | €15,270 | +€891 | +6.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €88,984 | €92,829 | +€3,846 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €394 | €1,992 | +€1,598 | +406.0% |
| Other operating charges | 640/8 | €2,268 | €1,125 | -€1,143 | -50.4% |
| Gross operating margin | 9900 | €129,002 | €129,705 | +€703 | +0.5% |
| Operating profit (loss) | 9901 | €37,357 | €33,758 | -€3,599 | -9.6% |
| Financial income | 75/76B | €97 | €25 | -€72 | -74.3% |
| Recurring financial income | 75 | €97 | €25 | -€72 | -74.3% |
| Financial charges | 65/66B | €3,630 | €9,288 | +€5,658 | +155.9% |
| Recurring financial charges | 65 | €3,630 | €9,288 | +€5,658 | +155.9% |
| Profit (loss) for the period before taxes | 9903 | €33,825 | €24,495 | -€9,330 | -27.6% |
| Profit (loss) for the period | 9904 | €33,825 | €24,495 | -€9,330 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,825 | €24,495 | -€9,330 | -27.6% |
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 29 September 2026 via checked.be.