ADAPT KINESITHERAPIE: what changed
ADAPT KINESITHERAPIE
Largest movements
- Tangible fixed assets +€407,996
up €407,996 (+1,890%), from €21,591 to €429,587
of which Land and buildings: +€411,267
- Receivables within one year -€28,500
no longer reported in 2025 (was €28,500)
- Cash +€16,081
up €16,081 (+29.7%), from €54,170 to €70,251
mainly Debts after one year (+€362,329) and Net result for the year (+€36,230)
- Debts after one year +€362,329
new in 2025: €362,329
- Reserves +€25,000
new in 2025: €25,000
- Profit (loss) carried forward +€11,230
up €11,230 (+19.7%), from €56,976 to €68,205
- Trade debts -€8,968
down €8,968 (-31.1%), from €28,798 to €19,831
- Financial charges +€9,282
up €9,282 (+3,999%), from €232 to €9,514
- Gross operating margin -€8,721
down €8,721 (-11.6%), from €75,488 to €66,767
- Depreciation +€6,989
up €6,989 (+276%), from €2,530 to €9,519
- Taxes -€4,705
down €4,705 (-31.6%), from €14,893 to €10,188
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,587 | €499,838 | +€395,251 | +378% |
| Fixed assets | 21/28 | €21,591 | €429,587 | +€407,996 | +1,890% |
| Tangible fixed assets | 22/27 | €21,591 | €429,587 | +€407,996 | +1,890% |
| Land and buildings | 22 | €6,483 | €417,750 | +€411,267 | +6,344% |
| Plant, machinery and equipment | 23 | €5,875 | €4,421 | -€1,454 | -24.7% |
| Furniture and vehicles | 24 | €2,176 | €1,443 | -€733 | -33.7% |
| Other tangible fixed assets | 26 | €7,058 | €5,973 | -€1,085 | -15.4% |
| Current assets | 29/58 | €82,996 | €70,251 | -€12,745 | -15.4% |
| Amounts receivable within one year | 40/41 | €28,500 | - | -€28,500 | |
| Trade receivables | 40 | €28,500 | - | -€28,500 | |
| Cash at bank and in hand | 54/58 | €54,170 | €70,251 | +€16,081 | +29.7% |
| Deferred charges and accrued income | 490/1 | €326 | - | -€326 | |
| Total equity and liabilities | 10/49 | €104,587 | €499,838 | +€395,251 | +378% |
| Equity | 10/15 | €59,976 | €96,205 | +€36,230 | +60.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €25,000 | +€25,000 | |
| Distributable reserves | 133 | - | €25,000 | +€25,000 | |
| Profit (loss) carried forward | 14 | €56,976 | €68,205 | +€11,230 | +19.7% |
| Amounts payable | 17/49 | €44,611 | €403,633 | +€359,021 | +805% |
| Amounts payable after more than one year | 17 | - | €362,329 | +€362,329 | |
| Financial debts | 170/4 | - | €362,329 | +€362,329 | |
| Amounts payable within one year | 42/48 | €44,611 | €41,304 | -€3,307 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €3,694 | €8,498 | +€4,804 | +130% |
| Trade debts | 44 | €28,798 | €19,831 | -€8,968 | -31.1% |
| Suppliers | 440/4 | €28,798 | €19,831 | -€8,968 | -31.1% |
| Taxes, remuneration and social security | 45 | €10,837 | €10,126 | -€711 | -6.6% |
| Taxes | 450/3 | €10,837 | €10,126 | -€711 | -6.6% |
| Other amounts payable | 47/48 | €1,283 | €2,850 | +€1,567 | +122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,530 | €9,519 | +€6,989 | +276% |
| Other operating charges | 640/8 | €1,053 | €1,575 | +€523 | +49.7% |
| Gross operating margin | 9900 | €75,488 | €66,767 | -€8,721 | -11.6% |
| Operating profit (loss) | 9901 | €71,906 | €55,673 | -€16,233 | -22.6% |
| Financial income | 75/76B | €195 | €259 | +€64 | +32.6% |
| Recurring financial income | 75 | €195 | €259 | +€64 | +32.6% |
| Financial charges | 65/66B | €232 | €9,514 | +€9,282 | +3,999% |
| Recurring financial charges | 65 | €232 | €9,514 | +€9,282 | +3,999% |
| Profit (loss) for the period before taxes | 9903 | €71,869 | €46,418 | -€25,451 | -35.4% |
| Income taxes | 67/77 | €14,893 | €10,188 | -€4,705 | -31.6% |
| Profit (loss) for the period | 9904 | €56,976 | €36,230 | -€20,746 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €56,976 | €36,230 | -€20,746 | -36.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.