ADB - Invest: what changed
ADB - Invest
Largest movements
- Stocks and contracts +€99,249
up €99,249 (+33.7%), from €294,882 to €394,130
- Cash -€21,391
down €21,391 (-96.5%), from €22,177 to €787
mainly Debts after one year (-€150,000) and Stocks and contracts (-€99,249)
- Other debts +€282,151
up €282,151 (+239%), from €118,010 to €400,161
- Debts after one year -€150,000
down €150,000 (-100%), from €150,000 to €0
- Trade debts -€49,277
down €49,277 (-99.1%), from €49,705 to €428
- Profit (loss) carried forward -€5,016
down €5,016 (-88.7%), from -€5,655 to -€10,672
- Gross operating margin +€435
up €435 (+9.7%), from -€4,484 to -€4,049
- Other operating charges -€228
down €228 (-19.9%), from €1,147 to €919
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 | €317,059 | €394,917 | +€77,858 | +24.6% |
| Current assets | 29/58 | €317,059 | €394,917 | +€77,858 | +24.6% |
| Stocks and contracts in progress | 3 | €294,882 | €394,130 | +€99,249 | +33.7% |
| Stocks | 30/36 | €294,882 | €394,130 | +€99,249 | +33.7% |
| Cash at bank and in hand | 54/58 | €22,177 | €787 | -€21,391 | -96.5% |
| Total equity and liabilities | 10/49 | €317,059 | €394,917 | +€77,858 | +24.6% |
| Equity | 10/15 | -€655 | -€5,672 | -€5,016 | -765% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,655 | -€10,672 | -€5,016 | -88.7% |
| Amounts payable | 17/49 | €317,715 | €400,589 | +€82,874 | +26.1% |
| Amounts payable after more than one year | 17 | €150,000 | €0 | -€150,000 | -100% |
| Financial debts | 170/4 | €150,000 | €0 | -€150,000 | -100% |
| Amounts payable within one year | 42/48 | €167,715 | €400,589 | +€232,874 | +139% |
| Trade debts | 44 | €49,705 | €428 | -€49,277 | -99.1% |
| Suppliers | 440/4 | €49,705 | €428 | -€49,277 | -99.1% |
| Other amounts payable | 47/48 | €118,010 | €400,161 | +€282,151 | +239% |
| Other operating charges | 640/8 | €1,147 | €919 | -€228 | -19.9% |
| Gross operating margin | 9900 | -€4,484 | -€4,049 | +€435 | +9.7% |
| Operating profit (loss) | 9901 | -€5,631 | -€4,967 | +€663 | +11.8% |
| Financial charges | 65/66B | €25 | €49 | +€24 | +98.1% |
| Recurring financial charges | 65 | €25 | €49 | +€24 | +98.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,655 | -€5,016 | +€639 | +11.3% |
| Profit (loss) for the period | 9904 | -€5,655 | -€5,016 | +€639 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,655 | -€5,016 | +€639 | +11.3% |
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 3 November 2026 via checked.be.