ADECCO COORDINATION CENTER: 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.
What changed
ADECCO COORDINATION CENTER
NACE 70.100, Activities of head offices
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €3.2m-€2.0m
Equity
€1.0m
2024 · €2.2m-€1.1m
Cash
€226,965
2024 · €836,941-€609,977
Balance sheet total
€74.2m
2024 · €63.7m+€10.4m
Largest movements
Assets
- Receivables within one year +€11.2m
up €11.2m (+18.0%), from €62.2m to €73.4m
of which Trade receivables: +€9.9m
Equity and liabilities
- Other debts +€13.0m
up €13.0m (+23.3%), from €55.6m to €68.6m
- Trade debts -€996,337
down €996,337 (-35.4%), from €2.8m to €1.8m
- Reserves -€867,861
down €867,861 (-50.2%), from €1.7m to €861,739
of which Distributable reserves: -€867,861
Income statement
- Financial income -€2.5m
down €2.5m (-75.6%), from €3.4m to €822,341
- Other operating income +€1.4m
up €1.4m (+48.3%), from €2.8m to €4.2m
- Services and other goods +€1.3m
up €1.3m (+19.2%), from €6.5m to €7.8m
- Taxes -€757,716
down €757,716 (-64.3%), from €1.2m to €420,605
- Other operating charges +€549,053
up €549,053 (+59.6%), from €921,526 to €1.5m
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.
Result 2024
€3.2m
Turnover
+€198,076
Other operating income
+€1.4m
Services and other goods
-€1.3m
Staff costs
-€313,961
Depreciation
-€22,742
Write-downs
+€157,137
Other operating charges
-€549,053
Financial income
-€2.5m
Financial charges
+€166,298
Taxes
+€757,716
Result 2025
€1.2m
raises the resultlowers the result
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.
From operations
+€1.7m
Investment
-€38,463
Financing
-€2.3m
Cash 2024
€836,941
From operations (derived)
+€1.7m
Net result for the year
+€1.2m
Depreciation
+€210,547
Receivables within one year
-€11.2m
Deferred charges and accrued income
-€1,920
Trade debts
-€996,337
Tax, wage and social debts
-€329,581
Other debts
+€13.0m
Accrued charges and deferred income
-€84,372
Investment (derived)
-€38,463
Investment in fixed assets (net)
-€38,463
Financing
-€2.3m
Contributions, distributions and other
-€2.3m
Cash 2025
€226,965
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,730,255 | €74,162,622 | +€10.4m | +16.4% |
| Fixed assets | 21/28 | €584,582 | €412,498 | -€172,084 | -29.4% |
| Tangible fixed assets | 22/27 | €549,351 | €377,267 | -€172,084 | -31.3% |
| Plant, machinery and equipment | 23 | €190,099 | €127,620 | -€62,480 | -32.9% |
| Furniture and vehicles | 24 | €128,805 | €89,878 | -€38,927 | -30.2% |
| Other tangible fixed assets | 26 | €230,446 | €157,859 | -€72,588 | -31.5% |
| Assets under construction and advance payments | 27 | - | €1,910 | +€1,910 | |
| Financial fixed assets | 28 | €35,231 | €35,231 | = | 0.0% |
| Other financial fixed assets | 284/8 | €35,231 | €35,231 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €35,231 | €35,231 | = | 0.0% |
| Current assets | 29/58 | €63,145,673 | €73,750,124 | +€10.6m | +16.8% |
| Amounts receivable within one year | 40/41 | €62,182,127 | €73,394,635 | +€11.2m | +18.0% |
| Trade receivables | 40 | €62,181,317 | €72,130,479 | +€9.9m | +16.0% |
| Other amounts receivable | 41 | €810 | €1,264,156 | +€1.3m | +155,921% |
| Cash at bank and in hand | 54/58 | €836,941 | €226,965 | -€609,977 | -72.9% |
| Deferred charges and accrued income | 490/1 | €126,605 | €128,524 | +€1,920 | +1.5% |
| Total equity and liabilities | 10/49 | €63,730,255 | €74,162,622 | +€10.4m | +16.4% |
| Equity | 10/15 | €2,165,865 | €1,040,725 | -€1.1m | -51.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,729,600 | €861,739 | -€867,861 | -50.2% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €1,723,450 | €855,589 | -€867,861 | -50.4% |
| Profit (loss) carried forward | 14 | €374,765 | €117,486 | -€257,279 | -68.7% |
| Amounts payable | 17/49 | €61,564,390 | €73,121,897 | +€11.6m | +18.8% |
| Amounts payable within one year | 42/48 | €61,381,618 | €73,023,497 | +€11.6m | +19.0% |
| Trade debts | 44 | €2,813,388 | €1,817,051 | -€996,337 | -35.4% |
| Suppliers | 440/4 | €2,813,388 | €1,817,051 | -€996,337 | -35.4% |
| Taxes, remuneration and social security | 45 | €2,969,453 | €2,639,872 | -€329,581 | -11.1% |
| Taxes | 450/3 | €1,048,667 | €792,434 | -€256,233 | -24.4% |
| Remuneration and social security | 454/9 | €1,920,786 | €1,847,438 | -€73,348 | -3.8% |
| Other amounts payable | 47/48 | €55,598,777 | €68,566,574 | +€13.0m | +23.3% |
| Accrued charges and deferred income | 492/3 | €182,772 | €98,400 | -€84,372 | -46.2% |
| Operating income | 70/76A | €15,742,230 | €17,306,334 | +€1.6m | +9.9% |
| Turnover | 70 | €12,915,638 | €13,113,714 | +€198,076 | +1.5% |
| Other operating income | 74 | €2,826,592 | €4,192,620 | +€1.4m | +48.3% |
| Operating charges | 60/66A | €14,276,535 | €16,256,897 | +€2.0m | +13.9% |
| Services and other goods | 61 | €6,512,873 | €7,764,617 | +€1.3m | +19.2% |
| Remuneration, social security and pensions | 62 | €6,665,017 | €6,978,978 | +€313,961 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €187,806 | €210,547 | +€22,742 | +12.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,687 | -€167,825 | -€157,137 | -1,470% |
| Other operating charges | 640/8 | €921,526 | €1,470,579 | +€549,053 | +59.6% |
| Operating profit (loss) | 9901 | €1,465,695 | €1,049,437 | -€416,257 | -28.4% |
| Financial income | 75/76B | €3,365,706 | €822,341 | -€2.5m | -75.6% |
| Recurring financial income | 75 | €3,365,706 | €822,341 | -€2.5m | -75.6% |
| Income from current assets | 751 | €3,356,771 | €815,272 | -€2.5m | -75.7% |
| Other financial income | 752/9 | €8,934 | €7,069 | -€1,865 | -20.9% |
| Financial charges | 65/66B | €442,612 | €276,314 | -€166,298 | -37.6% |
| Recurring financial charges | 65 | €442,612 | €276,314 | -€166,298 | -37.6% |
| Debt charges | 650 | €380,699 | €222,398 | -€158,301 | -41.6% |
| Other financial charges | 652/9 | €61,912 | €53,915 | -€7,997 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €4,388,789 | €1,595,465 | -€2.8m | -63.6% |
| Income taxes | 67/77 | €1,178,321 | €420,605 | -€757,716 | -64.3% |
| Taxes | 670/3 | €1,178,321 | €420,605 | -€757,716 | -64.3% |
| Profit (loss) for the period | 9904 | €3,210,467 | €1,174,860 | -€2.0m | -63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,210,467 | €1,174,860 | -€2.0m | -63.4% |
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 27 October 2026 via checked.be.