Addison: 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.
Addison
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€80,270
down €80,270 (-97.1%), from €82,700 to €2,430
mainly Current investments (-€100,000) and Tax, wage and social debts (-€13,200)
- Receivables within one year +€5,566
up €5,566 (+12.7%), from €43,734 to €49,300
of which Other amounts receivable: +€7,302
- Reserves +€36,645
up €36,645 (+42.0%), from €87,199 to €123,844
- Tax, wage and social debts -€13,200
down €13,200 (-58.9%), from €22,400 to €9,200
- Trade debts +€1,851
up €1,851 (+11.7%), from €15,835 to €17,686
- Gross operating margin -€63,533
down €63,533 (-57.7%), from €110,048 to €46,515
- Taxes -€13,200
down €13,200 (-58.9%), from €22,400 to €9,200
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 | €126,434 | €151,730 | +€25,296 | +20.0% |
| Current assets | 29/58 | €126,434 | €151,730 | +€25,296 | +20.0% |
| Amounts receivable within one year | 40/41 | €43,734 | €49,300 | +€5,566 | +12.7% |
| Trade receivables | 40 | €1,736 | €0 | -€1,736 | -100.0% |
| Other amounts receivable | 41 | €41,998 | €49,300 | +€7,302 | +17.4% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €82,700 | €2,430 | -€80,270 | -97.1% |
| Total equity and liabilities | 10/49 | €126,434 | €151,730 | +€25,296 | +20.0% |
| Equity | 10/15 | €88,199 | €124,844 | +€36,645 | +41.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €87,199 | €123,844 | +€36,645 | +42.0% |
| Distributable reserves | 133 | €87,199 | €123,844 | +€36,645 | +42.0% |
| Amounts payable | 17/49 | €38,235 | €26,886 | -€11,349 | -29.7% |
| Amounts payable within one year | 42/48 | €38,235 | €26,886 | -€11,349 | -29.7% |
| Trade debts | 44 | €15,835 | €17,686 | +€1,851 | +11.7% |
| Suppliers | 440/4 | €15,835 | €17,686 | +€1,851 | +11.7% |
| Taxes, remuneration and social security | 45 | €22,400 | €9,200 | -€13,200 | -58.9% |
| Taxes | 450/3 | €22,400 | €9,200 | -€13,200 | -58.9% |
| Other operating charges | 640/8 | €437 | €603 | +€165 | +37.8% |
| Gross operating margin | 9900 | €110,048 | €46,515 | -€63,533 | -57.7% |
| Operating profit (loss) | 9901 | €109,611 | €45,913 | -€63,699 | -58.1% |
| Financial charges | 65/66B | €13 | €68 | +€55 | +440.1% |
| Recurring financial charges | 65 | €13 | €68 | +€55 | +440.1% |
| Profit (loss) for the period before taxes | 9903 | €109,599 | €45,845 | -€63,754 | -58.2% |
| Income taxes | 67/77 | €22,400 | €9,200 | -€13,200 | -58.9% |
| Profit (loss) for the period | 9904 | €87,199 | €36,645 | -€50,553 | -58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €87,199 | €36,645 | -€50,553 | -58.0% |
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 5 October 2026 via checked.be.