ADARA: 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.
ADARA
Largest movements
- Receivables within one year +€1,105
up €1,105 (+1970.0%), from €56 to €1,162
of which Trade receivables: +€1,162
- Cash -€973
down €973 (-70.8%), from €1,374 to €401
mainly Debts after one year (-€2,000) and Receivables within one year (-€1,105)
- Financial fixed assets -€625
down €625 (-50.0%), from €1,249 to €624
- Debts after one year -€2,000
down €2,000 (-19.6%), from €10,213 to €8,213
- Profit (loss) carried forward +€1,180
up €1,180 (+4.0%), from -€29,416 to -€28,236
- Tax, wage and social debts +€275
up €275 (+19.4%), from €1,422 to €1,697
- Trade debts +€52
new in 2025: €52
- Gross operating margin +€751
up €751 (+38.1%), from €1,968 to €2,719
- Other operating charges -€372
down €372 (-37.0%), from €1,003 to €632
- Taxes +€348
up €348 (+69.3%), from €503 to €851
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 | €2,679 | €2,187 | -€493 | -18.4% |
| Fixed assets | 21/28 | €1,249 | €624 | -€625 | -50.0% |
| Financial fixed assets | 28 | €1,249 | €624 | -€625 | -50.0% |
| Current assets | 29/58 | €1,430 | €1,563 | +€133 | +9.3% |
| Amounts receivable within one year | 40/41 | €56 | €1,162 | +€1,105 | +1970.0% |
| Trade receivables | 40 | €0 | €1,162 | +€1,162 | |
| Other amounts receivable | 41 | €56 | €0 | -€56 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,374 | €401 | -€973 | -70.8% |
| Total equity and liabilities | 10/49 | €2,679 | €2,187 | -€493 | -18.4% |
| Equity | 10/15 | -€8,956 | -€7,776 | +€1,180 | +13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,416 | -€28,236 | +€1,180 | +4.0% |
| Amounts payable | 17/49 | €11,635 | €9,963 | -€1,672 | -14.4% |
| Amounts payable after more than one year | 17 | €10,213 | €8,213 | -€2,000 | -19.6% |
| Financial debts | 170/4 | €10,213 | €8,213 | -€2,000 | -19.6% |
| Amounts payable within one year | 42/48 | €1,422 | €1,750 | +€328 | +23.1% |
| Trade debts | 44 | - | €52 | +€52 | |
| Suppliers | 440/4 | - | €52 | +€52 | |
| Taxes, remuneration and social security | 45 | €1,422 | €1,697 | +€275 | +19.4% |
| Taxes | 450/3 | €1,422 | €1,697 | +€275 | +19.4% |
| Other operating charges | 640/8 | €1,003 | €632 | -€372 | -37.0% |
| Gross operating margin | 9900 | €1,968 | €2,719 | +€751 | +38.1% |
| Operating profit (loss) | 9901 | €965 | €2,087 | +€1,122 | +116.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €54 | €56 | +€2 | +3.1% |
| Recurring financial charges | 65 | €54 | €56 | +€2 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €911 | €2,031 | +€1,121 | +123.1% |
| Income taxes | 67/77 | €503 | €851 | +€348 | +69.3% |
| Profit (loss) for the period | 9904 | €408 | €1,180 | +€772 | +189.4% |
| Profit (loss) for the period to be appropriated | 9905 | €408 | €1,180 | +€772 | +189.4% |
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 6 October 2026 via checked.be.