ADATI: 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.
ADATI
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Intangible fixed assets +€60,390
up €60,390 (+33.4%), from €180,666 to €241,056
- Receivables within one year +€29,478
up €29,478 (+45.7%), from €64,511 to €93,989
of which Trade receivables: +€36,301
- Cash -€5,161
down €5,161 (-11.5%), from €44,944 to €39,783
mainly Other debts (-€112,100) and Investment in fixed assets (net) (-€103,341)
- Other debts -€112,100
down €112,100 (-90.3%), from €124,100 to €12,000
- Debts after one year +€52,192
up €52,192 (+32.7%), from €159,542 to €211,734
- Profit (loss) carried forward +€39,225
up €39,225 (+176.5%), from €22,224 to €61,449
- Trade debts +€7,687
up €7,687 (+12.7%), from €60,648 to €68,335
- Gross operating margin +€33,804
up €33,804 (+47.2%), from €71,563 to €105,367
- Depreciation +€20,959
up €20,959 (+109.9%), from €19,064 to €40,023
- Staff costs -€11,742
down €11,742 (-64.9%), from €18,102 to €6,360
- Taxes +€5,617
up €5,617 (+74.0%), from €7,594 to €13,211
- Financial charges +€1,504
up €1,504 (+26.5%), from €5,684 to €7,187
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 | €400,994 | €392,412 | -€8,582 | -2.1% |
| Fixed assets | 21/28 | €180,936 | €244,253 | +€63,318 | +35.0% |
| Intangible fixed assets | 21 | €180,666 | €241,056 | +€60,390 | +33.4% |
| Tangible fixed assets | 22/27 | €270 | €3,197 | +€2,927 | +1083.4% |
| Plant, machinery and equipment | 23 | - | €504 | +€504 | |
| Furniture and vehicles | 24 | €270 | €2,693 | +€2,423 | +896.7% |
| Current assets | 29/58 | €220,058 | €148,158 | -€71,899 | -32.7% |
| Amounts receivable within one year | 40/41 | €64,511 | €93,989 | +€29,478 | +45.7% |
| Trade receivables | 40 | €55,910 | €92,211 | +€36,301 | +64.9% |
| Other amounts receivable | 41 | €8,601 | €1,778 | -€6,824 | -79.3% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €44,944 | €39,783 | -€5,161 | -11.5% |
| Deferred charges and accrued income | 490/1 | €10,603 | €14,387 | +€3,784 | +35.7% |
| Total equity and liabilities | 10/49 | €400,994 | €392,412 | -€8,582 | -2.1% |
| Equity | 10/15 | €23,124 | €62,349 | +€39,225 | +169.6% |
| Contributions | 10/11 | €900 | €900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,224 | €61,449 | +€39,225 | +176.5% |
| Amounts payable | 17/49 | €377,869 | €330,063 | -€47,807 | -12.7% |
| Amounts payable after more than one year | 17 | €159,542 | €211,734 | +€52,192 | +32.7% |
| Financial debts | 170/4 | €159,542 | €211,734 | +€52,192 | +32.7% |
| Amounts payable within one year | 42/48 | €217,747 | €118,262 | -€99,485 | -45.7% |
| Current portion of amounts payable after more than one year | 42 | €25,850 | €26,908 | +€1,057 | +4.1% |
| Trade debts | 44 | €60,648 | €68,335 | +€7,687 | +12.7% |
| Suppliers | 440/4 | €60,648 | €68,335 | +€7,687 | +12.7% |
| Taxes, remuneration and social security | 45 | €7,149 | €11,019 | +€3,871 | +54.1% |
| Taxes | 450/3 | €7,149 | €10,152 | +€3,003 | +42.0% |
| Remuneration and social security | 454/9 | - | €868 | +€868 | |
| Other amounts payable | 47/48 | €124,100 | €12,000 | -€112,100 | -90.3% |
| Accrued charges and deferred income | 492/3 | €580 | €67 | -€513 | -88.5% |
| Remuneration, social security and pensions | 62 | €18,102 | €6,360 | -€11,742 | -64.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,064 | €40,023 | +€20,959 | +109.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €71,563 | €105,367 | +€33,804 | +47.2% |
| Operating profit (loss) | 9901 | €34,009 | €58,584 | +€24,575 | +72.3% |
| Financial income | 75/76B | €1,493 | €1,039 | -€454 | -30.4% |
| Recurring financial income | 75 | €1,493 | €1,039 | -€454 | -30.4% |
| Financial charges | 65/66B | €5,684 | €7,187 | +€1,504 | +26.5% |
| Recurring financial charges | 65 | €5,684 | €7,187 | +€1,504 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €29,818 | €52,436 | +€22,617 | +75.8% |
| Income taxes | 67/77 | €7,594 | €13,211 | +€5,617 | +74.0% |
| Profit (loss) for the period | 9904 | €22,224 | €39,225 | +€17,000 | +76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,224 | €39,225 | +€17,000 | +76.5% |
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.