ADDICT: 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.
ADDICT
Largest movements
- Cash -€73,174
down €73,174 (-45.8%), from €159,903 to €86,728
mainly Debts after one year (-€116,800) and Stocks and contracts (-€58,197)
- Stocks and contracts +€58,197
up €58,197 (+13.2%), from €439,992 to €498,189
- Intangible fixed assets -€13,183
down €13,183 (-38.1%), from €34,637 to €21,454
- Tangible fixed assets -€10,606
down €10,606 (-50.8%), from €20,882 to €10,276
of which Other tangible fixed assets: -€8,142
- Debts after one year -€116,800
down €116,800 (-34.6%), from €337,987 to €221,187
- Reserves +€35,077
up €35,077 (+86.1%), from €40,721 to €75,798
- Other debts +€27,046
up €27,046 (+258.3%), from €10,469 to €37,515
- Tax, wage and social debts +€26,177
up €26,177 (+44.2%), from €59,267 to €85,445
of which Taxes: +€29,045
- Trade debts -€13,443
down €13,443 (-17.7%), from €75,977 to €62,535
- Gross operating margin +€65,608
up €65,608 (+18.9%), from €347,939 to €413,547
- Staff costs +€57,475
up €57,475 (+24.9%), from €230,857 to €288,332
- Financial charges +€9,119
up €9,119 (+51.2%), from €17,802 to €26,921
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.
Cash bridge derived
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 | €670,554 | €629,452 | -€41,102 | -6.1% |
| Fixed assets | 21/28 | €55,620 | €31,831 | -€23,788 | -42.8% |
| Intangible fixed assets | 21 | €34,637 | €21,454 | -€13,183 | -38.1% |
| Tangible fixed assets | 22/27 | €20,882 | €10,276 | -€10,606 | -50.8% |
| Plant, machinery and equipment | 23 | €859 | €463 | -€396 | -46.1% |
| Furniture and vehicles | 24 | €3,810 | €1,742 | -€2,068 | -54.3% |
| Other tangible fixed assets | 26 | €16,213 | €8,071 | -€8,142 | -50.2% |
| Financial fixed assets | 28 | €101 | €101 | = | 0.0% |
| Current assets | 29/58 | €614,934 | €597,620 | -€17,314 | -2.8% |
| Stocks and contracts in progress | 3 | €439,992 | €498,189 | +€58,197 | +13.2% |
| Stocks | 30/36 | €439,992 | €498,189 | +€58,197 | +13.2% |
| Amounts receivable within one year | 40/41 | €11,083 | €10,864 | -€219 | -2.0% |
| Trade receivables | 40 | €1,850 | €1,363 | -€487 | -26.3% |
| Other amounts receivable | 41 | €9,233 | €9,501 | +€268 | +2.9% |
| Cash at bank and in hand | 54/58 | €159,903 | €86,728 | -€73,174 | -45.8% |
| Deferred charges and accrued income | 490/1 | €3,957 | €1,839 | -€2,118 | -53.5% |
| Total equity and liabilities | 10/49 | €670,554 | €629,452 | -€41,102 | -6.1% |
| Equity | 10/15 | €160,721 | €195,798 | +€35,077 | +21.8% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €40,721 | €75,798 | +€35,077 | +86.1% |
| Distributable reserves | 133 | €40,721 | €75,798 | +€35,077 | +86.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €509,833 | €433,653 | -€76,179 | -14.9% |
| Amounts payable after more than one year | 17 | €337,987 | €221,187 | -€116,800 | -34.6% |
| Financial debts | 170/4 | €337,987 | €221,187 | -€116,800 | -34.6% |
| Amounts payable within one year | 42/48 | €171,846 | €212,466 | +€40,621 | +23.6% |
| Trade debts | 44 | €75,977 | €62,535 | -€13,443 | -17.7% |
| Suppliers | 440/4 | €75,977 | €62,535 | -€13,443 | -17.7% |
| Advances received on contracts in progress | 46 | €26,132 | €26,971 | +€840 | +3.2% |
| Taxes, remuneration and social security | 45 | €59,267 | €85,445 | +€26,177 | +44.2% |
| Taxes | 450/3 | €16,557 | €45,603 | +€29,045 | +175.4% |
| Remuneration and social security | 454/9 | €42,710 | €39,842 | -€2,868 | -6.7% |
| Other amounts payable | 47/48 | €10,469 | €37,515 | +€27,046 | +258.3% |
| Remuneration, social security and pensions | 62 | €230,857 | €288,332 | +€57,475 | +24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,144 | €23,788 | +€2,645 | +12.5% |
| Other operating charges | 640/8 | €2,759 | €998 | -€1,761 | -63.8% |
| Gross operating margin | 9900 | €347,939 | €413,547 | +€65,608 | +18.9% |
| Operating profit (loss) | 9901 | €93,179 | €100,429 | +€7,250 | +7.8% |
| Financial income | 75/76B | €179 | €0 | -€179 | -99.8% |
| Recurring financial income | 75 | €179 | €0 | -€179 | -99.8% |
| Financial charges | 65/66B | €17,802 | €26,921 | +€9,119 | +51.2% |
| Recurring financial charges | 65 | €17,802 | €26,921 | +€9,119 | +51.2% |
| Profit (loss) for the period before taxes | 9903 | €75,556 | €73,509 | -€2,047 | -2.7% |
| Income taxes | 67/77 | €20,126 | €23,432 | +€3,305 | +16.4% |
| Profit (loss) for the period | 9904 | €55,430 | €50,077 | -€5,353 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,430 | €50,077 | -€5,353 | -9.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.