ADDALA: 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.
ADDALA
Largest movements
- Cash -€113,801
down €113,801 (-56.0%), from €203,345 to €89,543
mainly Short-term financial debts (-€568,639) and Deferred charges and accrued income (-€43,157)
- Deferred charges and accrued income +€43,157
up €43,157 (+5209.4%), from €828 to €43,985
- Receivables within one year +€20,344
up €20,344 (+39.2%), from €51,851 to €72,195
of which Other amounts receivable: +€16,498
- Tangible fixed assets +€15,514
up €15,514 (+24.4%), from €63,699 to €79,214
of which Furniture and vehicles: +€18,094
- Short-term financial debts -€568,639
no longer reported in 2024 (was €568,639)
- Debts after one year +€557,628
up €557,628 (+2290.7%), from €24,343 to €581,972
- Profit (loss) carried forward +€22,346
up €22,346 (+7.3%), from €307,035 to €329,381
- Other debts -€16,305
down €16,305 (-89.3%), from €18,255 to €1,950
- Tax, wage and social debts -€12,144
down €12,144 (-94.8%), from €12,808 to €664
- Financial charges +€37,692
up €37,692 (+101.2%), from €37,255 to €74,947
- Gross operating margin +€15,492
up €15,492 (+14.0%), from €110,824 to €126,316
- Other operating charges +€4,580
up €4,580 (+73.1%), from €6,269 to €10,849
- Taxes +€2,476
up €2,476 (+19.3%), from €12,808 to €15,284
- Depreciation +€2,050
up €2,050 (+69.8%), from €2,936 to €4,986
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,001,694 | €976,447 | -€25,246 | -2.5% |
| Fixed assets | 21/28 | €63,699 | €79,214 | +€15,514 | +24.4% |
| Tangible fixed assets | 22/27 | €63,699 | €79,214 | +€15,514 | +24.4% |
| Land and buildings | 22 | €60,348 | €58,970 | -€1,379 | -2.3% |
| Furniture and vehicles | 24 | €949 | €19,043 | +€18,094 | +1907.1% |
| Other tangible fixed assets | 26 | €2,402 | €1,201 | -€1,201 | -50.0% |
| Current assets | 29/58 | €937,994 | €897,234 | -€40,761 | -4.3% |
| Stocks and contracts in progress | 3 | €681,970 | €691,510 | +€9,540 | +1.4% |
| Stocks | 30/36 | €681,970 | €691,510 | +€9,540 | +1.4% |
| Amounts receivable within one year | 40/41 | €51,851 | €72,195 | +€20,344 | +39.2% |
| Trade receivables | 40 | €8,282 | €12,128 | +€3,846 | +46.4% |
| Other amounts receivable | 41 | €43,569 | €60,067 | +€16,498 | +37.9% |
| Cash at bank and in hand | 54/58 | €203,345 | €89,543 | -€113,801 | -56.0% |
| Deferred charges and accrued income | 490/1 | €828 | €43,985 | +€43,157 | +5209.4% |
| Total equity and liabilities | 10/49 | €1,001,694 | €976,447 | -€25,246 | -2.5% |
| Equity | 10/15 | €360,948 | €382,660 | +€21,712 | +6.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €47,714 | €47,079 | -€634 | -1.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €45,854 | €45,220 | -€634 | -1.4% |
| Profit (loss) carried forward | 14 | €307,035 | €329,381 | +€22,346 | +7.3% |
| Provisions and deferred taxes | 16 | €8,495 | €8,168 | -€327 | -3.8% |
| Deferred taxes | 168 | €8,495 | €8,168 | -€327 | -3.8% |
| Amounts payable | 17/49 | €632,250 | €585,619 | -€46,631 | -7.4% |
| Amounts payable after more than one year | 17 | €24,343 | €581,972 | +€557,628 | +2290.7% |
| Financial debts | 170/4 | €24,343 | €581,972 | +€557,628 | +2290.7% |
| Amounts payable within one year | 42/48 | €607,907 | €3,647 | -€604,260 | -99.4% |
| Financial debts | 43 | €568,639 | - | -€568,639 | |
| Credit institutions | 430/8 | €568,639 | - | -€568,639 | |
| Trade debts | 44 | €8,204 | €1,033 | -€7,171 | -87.4% |
| Suppliers | 440/4 | €8,204 | €1,033 | -€7,171 | -87.4% |
| Taxes, remuneration and social security | 45 | €12,808 | €664 | -€12,144 | -94.8% |
| Taxes | 450/3 | €12,808 | €664 | -€12,144 | -94.8% |
| Other amounts payable | 47/48 | €18,255 | €1,950 | -€16,305 | -89.3% |
| Non-recurring operating income | 76A | - | €1,675 | +€1,675 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,936 | €4,986 | +€2,050 | +69.8% |
| Other operating charges | 640/8 | €6,269 | €10,849 | +€4,580 | +73.1% |
| Non-recurring operating charges | 66A | €49,767 | - | -€49,767 | |
| Gross operating margin | 9900 | €110,824 | €126,316 | +€15,492 | +14.0% |
| Operating profit (loss) | 9901 | €51,853 | €110,482 | +€58,629 | +113.1% |
| Financial income | 75/76B | €451 | €1,134 | +€683 | +151.5% |
| Recurring financial income | 75 | €451 | €1,134 | +€683 | +151.5% |
| Financial charges | 65/66B | €37,255 | €74,947 | +€37,692 | +101.2% |
| Recurring financial charges | 65 | €37,255 | €74,947 | +€37,692 | +101.2% |
| Profit (loss) for the period before taxes | 9903 | €15,049 | €36,669 | +€21,620 | +143.7% |
| Transfer from deferred taxes | 780 | €327 | €327 | = | 0.0% |
| Income taxes | 67/77 | €12,808 | €15,284 | +€2,476 | +19.3% |
| Profit (loss) for the period | 9904 | €2,567 | €21,712 | +€19,144 | +745.7% |
| Transfer from tax-exempt reserves | 789 | €634 | €634 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,202 | €22,346 | +€19,144 | +598.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.