ADDMODUM: 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.
ADDMODUM
Largest movements
- Deferred charges and accrued income +€150,045
up €150,045 (+632.2%), from €23,732 to €173,777
- Cash +€65,133
up €65,133 (+430.3%), from €15,138 to €80,270
mainly Trade debts (+€241,634) and Contributions, distributions and other (+€100,000)
- Tangible fixed assets +€56,302
up €56,302 (+107.2%), from €52,503 to €108,805
of which Other tangible fixed assets: +€45,000
- Receivables within one year +€30,107
up €30,107 (+25.7%), from €117,128 to €147,235
of which Other amounts receivable: +€21,530
- Intangible fixed assets -€19,007
down €19,007 (-13.1%), from €145,603 to €126,596
- Trade debts +€241,634
up €241,634 (+936.5%), from €25,801 to €267,435
- Contributions +€100,000
up €100,000 (+125.0%), from €80,000 to €180,000
- Other debts -€24,875
no longer reported in 2025 (was €24,875)
- Debts after one year -€16,738
down €16,738 (-20.4%), from €82,139 to €65,402
- Tax, wage and social debts -€12,655
down €12,655 (-16.3%), from €77,819 to €65,164
of which Taxes: -€19,282
- Staff costs -€45,971
down €45,971 (-8.4%), from €544,165 to €498,194
- Gross operating margin -€26,503
down €26,503 (-4.3%), from €609,353 to €582,850
- Depreciation +€25,171
up €25,171 (+60.5%), from €41,600 to €66,771
- Other operating charges +€12,273
up €12,273 (+1337.0%), from €918 to €13,191
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 | €354,103 | €636,683 | +€282,580 | +79.8% |
| Fixed assets | 21/28 | €198,106 | €235,401 | +€37,295 | +18.8% |
| Intangible fixed assets | 21 | €145,603 | €126,596 | -€19,007 | -13.1% |
| Tangible fixed assets | 22/27 | €52,503 | €108,805 | +€56,302 | +107.2% |
| Plant, machinery and equipment | 23 | €23,350 | €18,326 | -€5,024 | -21.5% |
| Furniture and vehicles | 24 | €26,114 | €42,440 | +€16,326 | +62.5% |
| Other tangible fixed assets | 26 | €3,039 | €48,039 | +€45,000 | +1480.8% |
| Current assets | 29/58 | €155,997 | €401,282 | +€245,285 | +157.2% |
| Amounts receivable within one year | 40/41 | €117,128 | €147,235 | +€30,107 | +25.7% |
| Trade receivables | 40 | €116,087 | €124,665 | +€8,577 | +7.4% |
| Other amounts receivable | 41 | €1,040 | €22,570 | +€21,530 | +2070.0% |
| Cash at bank and in hand | 54/58 | €15,138 | €80,270 | +€65,133 | +430.3% |
| Deferred charges and accrued income | 490/1 | €23,732 | €173,777 | +€150,045 | +632.2% |
| Total equity and liabilities | 10/49 | €354,103 | €636,683 | +€282,580 | +79.8% |
| Equity | 10/15 | €85,396 | €173,295 | +€87,898 | +102.9% |
| Contributions | 10/11 | €80,000 | €180,000 | +€100,000 | +125.0% |
| Profit (loss) carried forward | 14 | €5,396 | -€6,706 | -€12,102 | |
| Amounts payable | 17/49 | €268,707 | €463,388 | +€194,682 | +72.5% |
| Amounts payable after more than one year | 17 | €82,139 | €65,402 | -€16,738 | -20.4% |
| Financial debts | 170/4 | €82,139 | €65,402 | -€16,738 | -20.4% |
| Amounts payable within one year | 42/48 | €186,567 | €395,206 | +€208,638 | +111.8% |
| Current portion of amounts payable after more than one year | 42 | €58,073 | €62,606 | +€4,534 | +7.8% |
| Trade debts | 44 | €25,801 | €267,435 | +€241,634 | +936.5% |
| Suppliers | 440/4 | €25,801 | €267,435 | +€241,634 | +936.5% |
| Taxes, remuneration and social security | 45 | €77,819 | €65,164 | -€12,655 | -16.3% |
| Taxes | 450/3 | €28,723 | €9,441 | -€19,282 | -67.1% |
| Remuneration and social security | 454/9 | €49,096 | €55,723 | +€6,627 | +13.5% |
| Other amounts payable | 47/48 | €24,875 | - | -€24,875 | |
| Accrued charges and deferred income | 492/3 | - | €2,781 | +€2,781 | |
| Remuneration, social security and pensions | 62 | €544,165 | €498,194 | -€45,971 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,600 | €66,771 | +€25,171 | +60.5% |
| Other operating charges | 640/8 | €918 | €13,191 | +€12,273 | +1337.0% |
| Non-recurring operating charges | 66A | - | €380 | +€380 | |
| Gross operating margin | 9900 | €609,353 | €582,850 | -€26,503 | -4.3% |
| Operating profit (loss) | 9901 | €22,670 | €4,315 | -€18,355 | -81.0% |
| Financial income | 75/76B | €381 | €1,852 | +€1,471 | +386.3% |
| Recurring financial income | 75 | €381 | €1,852 | +€1,471 | +386.3% |
| Financial charges | 65/66B | €7,182 | €9,789 | +€2,606 | +36.3% |
| Recurring financial charges | 65 | €7,182 | €9,789 | +€2,606 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | €15,868 | -€3,622 | -€19,490 | |
| Income taxes | 67/77 | €11,638 | €8,480 | -€3,158 | -27.1% |
| Profit (loss) for the period | 9904 | €4,230 | -€12,102 | -€16,332 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,230 | -€12,102 | -€16,332 |
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 4 October 2026 via checked.be.