ADCHEMIE: 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.
ADCHEMIE
Largest movements
- Cash +€1,200
up €1,200 (+141%), from €852 to €2,052
mainly Other debts (+€18,698) and Trade debts (+€400)
- Receivables within one year -€345
down €345 (-45.0%), from €766 to €422
of which Other amounts receivable: -€766
- Other debts +€18,698
up €18,698 (+31.4%), from €59,469 to €78,168
- Profit (loss) carried forward -€18,260
down €18,260 (-23.3%), from -€78,256 to -€96,516
- Trade debts +€400
up €400, from €0 to €400
- Gross operating margin +€1,558
up €1,558 (+8.1%), from -€19,228 to -€17,670
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.
Derived cash bridge
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 | €1,618 | €2,473 | +€855 | +52.8% |
| Current assets | 29/58 | €1,618 | €2,473 | +€855 | +52.8% |
| Amounts receivable within one year | 40/41 | €766 | €422 | -€345 | -45.0% |
| Trade receivables | 40 | €0 | €422 | +€422 | |
| Other amounts receivable | 41 | €766 | €0 | -€766 | -100% |
| Cash at bank and in hand | 54/58 | €852 | €2,052 | +€1,200 | +141% |
| Total equity and liabilities | 10/49 | €1,618 | €2,473 | +€855 | +52.8% |
| Equity | 10/15 | -€57,851 | -€76,111 | -€18,260 | -31.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,256 | -€96,516 | -€18,260 | -23.3% |
| Amounts payable | 17/49 | €59,469 | €78,585 | +€19,115 | +32.1% |
| Amounts payable within one year | 42/48 | €59,469 | €78,585 | +€19,115 | +32.1% |
| Trade debts | 44 | €0 | €400 | +€400 | |
| Suppliers | 440/4 | €0 | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €0 | €17 | +€17 | |
| Taxes | 450/3 | €0 | €17 | +€17 | |
| Other amounts payable | 47/48 | €59,469 | €78,168 | +€18,698 | +31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€19,228 | -€17,670 | +€1,558 | +8.1% |
| Operating profit (loss) | 9901 | -€19,734 | -€18,190 | +€1,544 | +7.8% |
| Financial charges | 65/66B | €25 | €70 | +€45 | +180% |
| Recurring financial charges | 65 | €25 | €70 | +€45 | +180% |
| Profit (loss) for the period before taxes | 9903 | -€19,759 | -€18,260 | +€1,499 | +7.6% |
| Profit (loss) for the period | 9904 | -€19,759 | -€18,260 | +€1,499 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,759 | -€18,260 | +€1,499 | +7.6% |
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 24 October 2026 via checked.be.