ADBN MANAGEMENT: 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.
ADBN MANAGEMENT
Largest movements
- Receivables within one year +€100,726
up €100,726, from €0 to €100,726
of which Other amounts receivable: +€100,000
- Receivables after one year -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Cash +€24,287
up €24,287 (+58.0%), from €41,902 to €66,189
mainly Net result for the year (+€128,108) and Receivables after one year (+€100,000)
- Debts after one year -€160,203
down €160,203 (-22.0%), from €729,737 to €569,534
- Profit (loss) carried forward +€128,108
up €128,108 (+127.5%), from €100,494 to €228,602
- Current portion of long-term debt +€55,483
up €55,483 (+39.5%), from €140,434 to €195,917
- Other debts +€23,954
up €23,954 (+59.9%), from €40,000 to €63,954
- Accrued charges and deferred income -€12,974
down €12,974 (-100.0%), from €12,974 to €0
- Financial income +€74,000
up €74,000 (+3700.0%), from €2,000 to €76,000
- Gross operating margin +€26,207
up €26,207 (+33.7%), from €77,677 to €103,884
- Taxes +€7,009
up €7,009 (+56.6%), from €12,389 to €19,398
- Financial charges -€3,686
down €3,686 (-10.2%), from €36,065 to €32,378
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,048,107 | €1,074,910 | +€26,803 | +2.6% |
| Fixed assets | 21/28 | €900,000 | €900,000 | = | 0.0% |
| Financial fixed assets | 28 | €900,000 | €900,000 | = | 0.0% |
| Current assets | 29/58 | €148,107 | €174,910 | +€26,803 | +18.1% |
| Amounts receivable after more than one year | 29 | €100,000 | €0 | -€100,000 | -100.0% |
| Other amounts receivable | 291 | €100,000 | €0 | -€100,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €0 | €100,726 | +€100,726 | |
| Trade receivables | 40 | €0 | €726 | +€726 | |
| Other amounts receivable | 41 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €41,902 | €66,189 | +€24,287 | +58.0% |
| Deferred charges and accrued income | 490/1 | €6,205 | €7,996 | +€1,790 | +28.9% |
| Total equity and liabilities | 10/49 | €1,048,107 | €1,074,910 | +€26,803 | +2.6% |
| Equity | 10/15 | €103,494 | €231,602 | +€128,108 | +123.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,494 | €228,602 | +€128,108 | +127.5% |
| Amounts payable | 17/49 | €944,613 | €843,308 | -€101,304 | -10.7% |
| Amounts payable after more than one year | 17 | €729,737 | €569,534 | -€160,203 | -22.0% |
| Financial debts | 170/4 | €729,737 | €569,534 | -€160,203 | -22.0% |
| Amounts payable within one year | 42/48 | €201,902 | €273,774 | +€71,873 | +35.6% |
| Current portion of amounts payable after more than one year | 42 | €140,434 | €195,917 | +€55,483 | +39.5% |
| Trade debts | 44 | €1,984 | €507 | -€1,477 | -74.4% |
| Suppliers | 440/4 | €1,984 | €507 | -€1,477 | -74.4% |
| Taxes, remuneration and social security | 45 | €19,484 | €13,396 | -€6,088 | -31.2% |
| Taxes | 450/3 | €19,484 | €13,396 | -€6,088 | -31.2% |
| Other amounts payable | 47/48 | €40,000 | €63,954 | +€23,954 | +59.9% |
| Accrued charges and deferred income | 492/3 | €12,974 | €0 | -€12,974 | -100.0% |
| Gross operating margin | 9900 | €77,677 | €103,884 | +€26,207 | +33.7% |
| Operating profit (loss) | 9901 | €77,677 | €103,884 | +€26,207 | +33.7% |
| Financial income | 75/76B | €2,000 | €76,000 | +€74,000 | +3700.0% |
| Recurring financial income | 75 | €2,000 | €76,000 | +€74,000 | +3700.0% |
| Financial charges | 65/66B | €36,065 | €32,378 | -€3,686 | -10.2% |
| Recurring financial charges | 65 | €36,065 | €32,378 | -€3,686 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €43,612 | €147,506 | +€103,894 | +238.2% |
| Income taxes | 67/77 | €12,389 | €19,398 | +€7,009 | +56.6% |
| Profit (loss) for the period | 9904 | €31,223 | €128,108 | +€96,885 | +310.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,223 | €128,108 | +€96,885 | +310.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.