ADAPDYS: 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.
ADAPDYS
Largest movements
- Current investments -€127,165
no longer reported in 2025 (was €127,165)
- Financial fixed assets +€107,000
up €107,000 (+222.9%), from €48,000 to €155,000
- Receivables within one year +€4,163
new in 2025: €4,163
- Cash +€2,224
up €2,224 (+16.7%), from €13,353 to €15,577
mainly Current investments (+€127,165) and Depreciation (+€1,540)
- Tax, wage and social debts -€11,056
no longer reported in 2025 (was €11,056)
- Profit (loss) carried forward -€4,378
down €4,378 (-2.1%), from €204,802 to €200,424
- Gross operating margin -€23,125
down €23,125, from €15,835 to -€7,289
- Taxes -€4,592
down €4,592, from €4,494 to -€98
- Financial income +€1,952
up €1,952 (+62.4%), from €3,130 to €5,082
- Other operating charges +€245
up €245 (+63.3%), from €387 to €632
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 | €220,858 | €205,539 | -€15,319 | -6.9% |
| Fixed assets | 21/28 | €80,340 | €185,800 | +€105,460 | +131.3% |
| Tangible fixed assets | 22/27 | €32,340 | €30,800 | -€1,540 | -4.8% |
| Land and buildings | 22 | €32,340 | €30,800 | -€1,540 | -4.8% |
| Financial fixed assets | 28 | €48,000 | €155,000 | +€107,000 | +222.9% |
| Current assets | 29/58 | €140,518 | €19,739 | -€120,779 | -86.0% |
| Amounts receivable within one year | 40/41 | - | €4,163 | +€4,163 | |
| Other amounts receivable | 41 | - | €4,163 | +€4,163 | |
| Current investments | 50/53 | €127,165 | - | -€127,165 | |
| Cash at bank and in hand | 54/58 | €13,353 | €15,577 | +€2,224 | +16.7% |
| Total equity and liabilities | 10/49 | €220,858 | €205,539 | -€15,319 | -6.9% |
| Equity | 10/15 | €209,802 | €205,424 | -€4,378 | -2.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €204,802 | €200,424 | -€4,378 | -2.1% |
| Amounts payable | 17/49 | €11,056 | €115 | -€10,941 | -99.0% |
| Amounts payable after more than one year | 17 | - | €115 | +€115 | |
| Other amounts payable | 178/9 | - | €115 | +€115 | |
| Amounts payable within one year | 42/48 | €11,056 | - | -€11,056 | |
| Taxes, remuneration and social security | 45 | €11,056 | - | -€11,056 | |
| Taxes | 450/3 | €11,056 | - | -€11,056 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,540 | €1,540 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €632 | +€245 | +63.3% |
| Gross operating margin | 9900 | €15,835 | -€7,289 | -€23,125 | |
| Operating profit (loss) | 9901 | €13,908 | -€9,462 | -€23,370 | |
| Financial income | 75/76B | €3,130 | €5,082 | +€1,952 | +62.4% |
| Recurring financial income | 75 | €3,130 | €5,082 | +€1,952 | +62.4% |
| Financial charges | 65/66B | €100 | €96 | -€4 | -4.0% |
| Recurring financial charges | 65 | €100 | €96 | -€4 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €16,939 | -€4,475 | -€21,414 | |
| Income taxes | 67/77 | €4,494 | -€98 | -€4,592 | |
| Profit (loss) for the period | 9904 | €12,444 | -€4,378 | -€16,822 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,444 | -€4,378 | -€16,822 |
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 7 October 2026 via checked.be.