ADEAWINGS: 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.
ADEAWINGS
Largest movements
- Cash +€28,477
up €28,477 (+333.8%), from €8,530 to €37,007
mainly Net result for the year (+€19,068) and Trade debts (+€9,413)
- Receivables within one year -€4,880
down €4,880 (-19.1%), from €25,550 to €20,670
of which Trade receivables: -€8,706
- Tangible fixed assets -€769
down €769 (-42.1%), from €1,828 to €1,059
- Profit (loss) carried forward +€24,956
up €24,956 (+135.9%), from €18,364 to €43,320
- Trade debts +€9,413
up €9,413 (+2997.0%), from €314 to €9,727
- Tax, wage and social debts -€8,395
down €8,395 (-87.5%), from €9,597 to €1,202
- Other debts -€3,146
down €3,146 (-53.4%), from €5,888 to €2,742
- Gross operating margin +€23,857
up €23,857 (+110.3%), from €21,630 to €45,487
- Other operating charges +€17,611
up €17,611 (+1089.9%), from €1,616 to €19,227
- Taxes +€2,309
up €2,309 (+59.3%), from €3,893 to €6,202
- Financial charges -€1,240
down €1,240 (-84.8%), from €1,463 to €223
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 | €36,163 | €58,991 | +€22,828 | +63.1% |
| Fixed assets | 21/28 | €2,083 | €1,314 | -€769 | -36.9% |
| Tangible fixed assets | 22/27 | €1,828 | €1,059 | -€769 | -42.1% |
| Furniture and vehicles | 24 | €1,828 | €1,059 | -€769 | -42.1% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €34,080 | €57,677 | +€23,597 | +69.2% |
| Amounts receivable within one year | 40/41 | €25,550 | €20,670 | -€4,880 | -19.1% |
| Trade receivables | 40 | €24,043 | €15,336 | -€8,706 | -36.2% |
| Other amounts receivable | 41 | €1,507 | €5,334 | +€3,826 | +253.8% |
| Cash at bank and in hand | 54/58 | €8,530 | €37,007 | +€28,477 | +333.8% |
| Total equity and liabilities | 10/49 | €36,163 | €58,991 | +€22,828 | +63.1% |
| Equity | 10/15 | €20,364 | €45,320 | +€24,956 | +122.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,364 | €43,320 | +€24,956 | +135.9% |
| Amounts payable | 17/49 | €15,799 | €13,672 | -€2,127 | -13.5% |
| Amounts payable within one year | 42/48 | €15,799 | €13,672 | -€2,127 | -13.5% |
| Trade debts | 44 | €314 | €9,727 | +€9,413 | +2997.0% |
| Suppliers | 440/4 | €314 | €9,727 | +€9,413 | +2997.0% |
| Taxes, remuneration and social security | 45 | €9,597 | €1,202 | -€8,395 | -87.5% |
| Taxes | 450/3 | €9,597 | €1,202 | -€8,395 | -87.5% |
| Other amounts payable | 47/48 | €5,888 | €2,742 | -€3,146 | -53.4% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €431 | €769 | +€338 | +78.3% |
| Other operating charges | 640/8 | €1,616 | €19,227 | +€17,611 | +1089.9% |
| Gross operating margin | 9900 | €21,630 | €45,487 | +€23,857 | +110.3% |
| Operating profit (loss) | 9901 | €19,582 | €25,491 | +€5,908 | +30.2% |
| Financial income | 75/76B | €334 | €2 | -€331 | -99.3% |
| Recurring financial income | 75 | €334 | €2 | -€331 | -99.3% |
| Financial charges | 65/66B | €1,463 | €223 | -€1,240 | -84.8% |
| Recurring financial charges | 65 | €1,463 | €223 | -€1,240 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | €18,453 | €25,270 | +€6,817 | +36.9% |
| Income taxes | 67/77 | €3,893 | €6,202 | +€2,309 | +59.3% |
| Profit (loss) for the period | 9904 | €14,560 | €19,068 | +€4,508 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,560 | €19,068 | +€4,508 | +31.0% |
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 11 October 2026 via checked.be.