ADAXYS: 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.
ADAXYS
Largest movements
- Tangible fixed assets +€38,415
new in 2021: €38,415
- Receivables within one year +€29,645
new in 2021: €29,645
- Cash +€20,907
up €20,907 (+150.7%), from €13,873 to €34,780
mainly Net result for the year (+€52,418) and Debts within one year (+€36,549)
- Debts within one year +€36,549
up €36,549 (+122.8%), from €29,752 to €66,301
of which Current portion of long-term debt: +€28,000
- Reserves +€28,000
up €28,000 (+1509.4%), from €1,855 to €29,855
of which Distributable reserves: +€28,000
- Profit (loss) carried forward +€24,418
up €24,418, from -€23,934 to €484
- Gross operating margin +€71,511
up €71,511, from -€533 to €70,978
- Taxes +€9,300
new in 2021: €9,300
- Depreciation +€5,701
new in 2021: €5,701
- Other operating charges +€3,017
new in 2021: €3,017
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,873 | €102,840 | +€88,967 | +641.3% |
| Fixed assets | 21/28 | - | €38,415 | +€38,415 | |
| Tangible fixed assets | 22/27 | - | €38,415 | +€38,415 | |
| Furniture and vehicles | 24 | - | €38,415 | +€38,415 | |
| Current assets | 29/58 | €13,873 | €64,425 | +€50,552 | +364.4% |
| Amounts receivable within one year | 40/41 | - | €29,645 | +€29,645 | |
| Trade receivables | 40 | - | €29,645 | +€29,645 | |
| Cash at bank and in hand | 54/58 | €13,873 | €34,780 | +€20,907 | +150.7% |
| Total equity and liabilities | 10/49 | €13,873 | €102,840 | +€88,967 | +641.3% |
| Equity | 10/15 | -€15,879 | €36,539 | +€52,418 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,855 | €29,855 | +€28,000 | +1509.4% |
| Non-distributable reserves | 130/1 | - | €1,855 | +€1,855 | |
| Legal reserve | 130 | - | €1,855 | +€1,855 | |
| Distributable reserves | 133 | - | €28,000 | +€28,000 | |
| Profit (loss) carried forward | 14 | -€23,934 | €484 | +€24,418 | |
| Amounts payable | 17/49 | €29,752 | €66,301 | +€36,549 | +122.8% |
| Amounts payable within one year | 42/48 | €29,752 | €66,301 | +€36,549 | +122.8% |
| Current portion of amounts payable after more than one year | 42 | - | €28,000 | +€28,000 | |
| Trade debts | 44 | €919 | €184 | -€735 | -80.0% |
| Suppliers | 440/4 | - | €184 | +€184 | |
| Taxes, remuneration and social security | 45 | - | €17,134 | +€17,134 | |
| Taxes | 450/3 | - | €17,134 | +€17,134 | |
| Other amounts payable | 47/48 | - | €20,983 | +€20,983 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,701 | +€5,701 | |
| Other operating charges | 640/8 | - | €3,017 | +€3,017 | |
| Gross operating margin | 9900 | -€533 | €70,978 | +€71,511 | |
| Operating profit (loss) | 9901 | -€887 | €62,260 | +€63,147 | |
| Financial charges | 65/66B | - | €542 | +€542 | |
| Recurring financial charges | 65 | €76 | €542 | +€466 | +616.4% |
| Profit (loss) for the period before taxes | 9903 | -€962 | €61,718 | +€62,680 | |
| Income taxes | 67/77 | - | €9,300 | +€9,300 | |
| Profit (loss) for the period | 9904 | -€962 | €52,418 | +€53,380 | |
| Profit (loss) for the period to be appropriated | 9905 | -€962 | €52,418 | +€53,380 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.