ADASS: 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.
ADASS
Largest movements
- Receivables within one year -€38,161
down €38,161 (-71.6%), from €53,308 to €15,146
of which Trade receivables: -€46,620
- Cash +€5,194
up €5,194 (+7.0%), from €74,254 to €79,447
mainly Receivables within one year (+€38,161) and Net result for the year (+€18,150)
- Tangible fixed assets +€3,798
up €3,798 (+70.8%), from €5,364 to €9,162
- Deferred charges and accrued income -€2,688
down €2,688 (-51.0%), from €5,268 to €2,580
- Current portion of long-term debt -€42,992
down €42,992 (-100.0%), from €42,992 to €0
- Reserves +€18,150
up €18,150 (+24.0%), from €75,553 to €93,703
- Trade debts -€4,912
down €4,912 (-87.2%), from €5,635 to €723
- Tax, wage and social debts -€3,723
down €3,723 (-24.2%), from €15,392 to €11,669
of which Taxes: -€5,598
- Accrued charges and deferred income +€1,619
up €1,619 (+261.1%), from €620 to €2,239
- Gross operating margin -€15,528
down €15,528 (-35.4%), from €43,831 to €28,302
- Taxes -€3,927
down €3,927 (-36.3%), from €10,816 to €6,888
- Depreciation +€1,386
up €1,386 (+155.0%), from €894 to €2,280
- Financial charges -€1,211
down €1,211 (-96.4%), from €1,256 to €45
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 | €143,193 | €111,335 | -€31,858 | -22.2% |
| Fixed assets | 21/28 | €10,364 | €14,162 | +€3,798 | +36.6% |
| Tangible fixed assets | 22/27 | €5,364 | €9,162 | +€3,798 | +70.8% |
| Furniture and vehicles | 24 | €5,364 | €9,162 | +€3,798 | +70.8% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €132,829 | €97,173 | -€35,656 | -26.8% |
| Amounts receivable within one year | 40/41 | €53,308 | €15,146 | -€38,161 | -71.6% |
| Trade receivables | 40 | €46,620 | €0 | -€46,620 | -100.0% |
| Other amounts receivable | 41 | €6,687 | €15,146 | +€8,459 | +126.5% |
| Cash at bank and in hand | 54/58 | €74,254 | €79,447 | +€5,194 | +7.0% |
| Deferred charges and accrued income | 490/1 | €5,268 | €2,580 | -€2,688 | -51.0% |
| Total equity and liabilities | 10/49 | €143,193 | €111,335 | -€31,858 | -22.2% |
| Equity | 10/15 | €78,553 | €96,703 | +€18,150 | +23.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €75,553 | €93,703 | +€18,150 | +24.0% |
| Distributable reserves | 133 | €75,553 | €93,703 | +€18,150 | +24.0% |
| Amounts payable | 17/49 | €64,639 | €14,632 | -€50,008 | -77.4% |
| Amounts payable within one year | 42/48 | €64,019 | €12,393 | -€51,627 | -80.6% |
| Current portion of amounts payable after more than one year | 42 | €42,992 | €0 | -€42,992 | -100.0% |
| Trade debts | 44 | €5,635 | €723 | -€4,912 | -87.2% |
| Suppliers | 440/4 | €5,635 | €723 | -€4,912 | -87.2% |
| Taxes, remuneration and social security | 45 | €15,392 | €11,669 | -€3,723 | -24.2% |
| Taxes | 450/3 | €13,461 | €7,863 | -€5,598 | -41.6% |
| Remuneration and social security | 454/9 | €1,931 | €3,806 | +€1,875 | +97.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €620 | €2,239 | +€1,619 | +261.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €894 | €2,280 | +€1,386 | +155.0% |
| Other operating charges | 640/8 | €1,280 | €1,331 | +€51 | +3.9% |
| Gross operating margin | 9900 | €43,831 | €28,302 | -€15,528 | -35.4% |
| Operating profit (loss) | 9901 | €41,656 | €24,691 | -€16,965 | -40.7% |
| Financial income | 75/76B | €72 | €392 | +€320 | +443.8% |
| Recurring financial income | 75 | €72 | €392 | +€320 | +443.8% |
| Financial charges | 65/66B | €1,256 | €45 | -€1,211 | -96.4% |
| Recurring financial charges | 65 | €1,256 | €45 | -€1,211 | -96.4% |
| Profit (loss) for the period before taxes | 9903 | €40,472 | €25,038 | -€15,434 | -38.1% |
| Income taxes | 67/77 | €10,816 | €6,888 | -€3,927 | -36.3% |
| Profit (loss) for the period | 9904 | €29,656 | €18,150 | -€11,506 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,656 | €18,150 | -€11,506 | -38.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.