ADDIMO: 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.
ADDIMO
Largest movements
- Receivables within one year +€145,418
up €145,418 (+82.8%), from €175,697 to €321,115
of which Other amounts receivable: +€89,747
- Current investments -€70,035
down €70,035 (-100%), from €70,035 to €0
- Tangible fixed assets +€48,916
up €48,916 (+13.3%), from €367,946 to €416,862
of which Leasing and similar rights: +€35,406
- Cash +€17,842
up €17,842 (+20.1%), from €88,660 to €106,502
mainly Trade debts (+€135,177) and Current investments (+€70,035)
- Trade debts +€135,177
up €135,177 (+1,060%), from €12,752 to €147,929
- Tax, wage and social debts -€24,371
down €24,371 (-98.7%), from €24,691 to €320
- Debts after one year +€13,961
up €13,961 (+38.0%), from €36,746 to €50,707
- Profit (loss) carried forward +€10,968
up €10,968 (+129,948%), from €8 to €10,976
- Current portion of long-term debt +€10,382
up €10,382 (+110%), from €9,430 to €19,812
- Gross operating margin -€53,077
down €53,077 (-38.4%), from €138,102 to €85,026
- Taxes -€15,718
down €15,718 (-73.4%), from €21,408 to €5,689
- Depreciation +€9,484
up €9,484 (+18.8%), from €50,563 to €60,047
- Financial income +€3,088
up €3,088 (+32.9%), from €9,399 to €12,486
- Other operating charges -€2,172
down €2,172 (-7.8%), from €27,998 to €25,825
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 | €864,109 | €1,008,306 | +€144,197 | +16.7% |
| Fixed assets | 21/28 | €367,946 | €416,862 | +€48,916 | +13.3% |
| Tangible fixed assets | 22/27 | €367,946 | €416,862 | +€48,916 | +13.3% |
| Land and buildings | 22 | €310,130 | €303,226 | -€6,904 | -2.2% |
| Plant, machinery and equipment | 23 | €26,004 | €50,148 | +€24,144 | +92.8% |
| Furniture and vehicles | 24 | €20,131 | €16,402 | -€3,730 | -18.5% |
| Leasing and similar rights | 25 | - | €35,406 | +€35,406 | |
| Other tangible fixed assets | 26 | €11,680 | €11,680 | = | 0.0% |
| Current assets | 29/58 | €496,163 | €591,444 | +€95,281 | +19.2% |
| Amounts receivable after more than one year | 29 | €154,746 | €154,746 | = | 0.0% |
| Other amounts receivable | 291 | €154,746 | €154,746 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €175,697 | €321,115 | +€145,418 | +82.8% |
| Trade receivables | 40 | €2,813 | €58,484 | +€55,671 | +1,979% |
| Other amounts receivable | 41 | €172,884 | €262,631 | +€89,747 | +51.9% |
| Current investments | 50/53 | €70,035 | €0 | -€70,035 | -100% |
| Cash at bank and in hand | 54/58 | €88,660 | €106,502 | +€17,842 | +20.1% |
| Deferred charges and accrued income | 490/1 | €7,025 | €9,081 | +€2,056 | +29.3% |
| Total equity and liabilities | 10/49 | €864,109 | €1,008,306 | +€144,197 | +16.7% |
| Equity | 10/15 | €704,089 | €709,785 | +€5,695 | +0.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €642,081 | €636,808 | -€5,272 | -0.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,149 | €15,877 | -€5,272 | -24.9% |
| Distributable reserves | 133 | €614,732 | €614,732 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8 | €10,976 | +€10,968 | +129,948% |
| Provisions and deferred taxes | 16 | €75,929 | €73,214 | -€2,715 | -3.6% |
| Provisions for liabilities and charges | 160/5 | €70,499 | €70,499 | = | 0.0% |
| Pensions and similar obligations | 160 | €70,499 | €70,499 | = | 0.0% |
| Deferred taxes | 168 | €5,430 | €2,715 | -€2,715 | -50.0% |
| Amounts payable | 17/49 | €84,091 | €225,307 | +€141,216 | +168% |
| Amounts payable after more than one year | 17 | €36,746 | €50,707 | +€13,961 | +38.0% |
| Financial debts | 170/4 | €36,746 | €50,707 | +€13,961 | +38.0% |
| Amounts payable within one year | 42/48 | €46,872 | €174,600 | +€127,727 | +273% |
| Current portion of amounts payable after more than one year | 42 | €9,430 | €19,812 | +€10,382 | +110% |
| Trade debts | 44 | €12,752 | €147,929 | +€135,177 | +1,060% |
| Suppliers | 440/4 | €12,752 | €147,929 | +€135,177 | +1,060% |
| Taxes, remuneration and social security | 45 | €24,691 | €320 | -€24,371 | -98.7% |
| Taxes | 450/3 | €24,691 | €320 | -€24,371 | -98.7% |
| Other amounts payable | 47/48 | - | €6,539 | +€6,539 | |
| Accrued charges and deferred income | 492/3 | €472 | €0 | -€472 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,563 | €60,047 | +€9,484 | +18.8% |
| Other operating charges | 640/8 | €27,998 | €25,825 | -€2,172 | -7.8% |
| Gross operating margin | 9900 | €138,102 | €85,026 | -€53,077 | -38.4% |
| Operating profit (loss) | 9901 | €59,542 | -€847 | -€60,388 | |
| Financial income | 75/76B | €9,399 | €12,486 | +€3,088 | +32.9% |
| Recurring financial income | 75 | €9,399 | €12,486 | +€3,088 | +32.9% |
| Financial charges | 65/66B | €956 | €2,970 | +€2,014 | +211% |
| Recurring financial charges | 65 | €956 | €2,970 | +€2,014 | +211% |
| Profit (loss) for the period before taxes | 9903 | €67,985 | €8,670 | -€59,315 | -87.2% |
| Transfer from deferred taxes | 780 | €2,715 | €2,715 | = | 0.0% |
| Income taxes | 67/77 | €21,408 | €5,689 | -€15,718 | -73.4% |
| Profit (loss) for the period | 9904 | €49,292 | €5,695 | -€43,597 | -88.4% |
| Transfer from tax-exempt reserves | 789 | €5,272 | €5,272 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,564 | €10,968 | -€43,597 | -79.9% |
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 14 October 2026 via checked.be.