ADELANTE: 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.
ADELANTE
Largest movements
- Receivables within one year -€16,882
down €16,882 (-100%), from €16,882 to €0
of which Trade receivables: -€16,882
- Cash +€12,066
up €12,066 (+61.7%), from €19,554 to €31,619
mainly Net result for the year (+€36,148) and Receivables within one year (+€16,882)
- Deferred charges and accrued income -€1,421
down €1,421 (-100%), from €1,421 to €0
- Profit (loss) carried forward -€3,852
down €3,852 (-14.2%), from €27,132 to €23,279
- Tax, wage and social debts -€2,962
down €2,962 (-59.1%), from €5,012 to €2,049
- Gross operating margin +€4,413
up €4,413 (+8.9%), from €49,733 to €54,146
- Taxes +€902
up €902 (+8.1%), from €11,148 to €12,049
- Other operating charges +€764
up €764 (+16.9%), from €4,533 to €5,297
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 | €97,927 | €91,223 | -€6,704 | -6.8% |
| Fixed assets | 21/28 | €60,071 | €59,604 | -€467 | -0.8% |
| Tangible fixed assets | 22/27 | €60,071 | €59,604 | -€467 | -0.8% |
| Land and buildings | 22 | €60,071 | €59,604 | -€467 | -0.8% |
| Current assets | 29/58 | €37,856 | €31,619 | -€6,237 | -16.5% |
| Amounts receivable within one year | 40/41 | €16,882 | €0 | -€16,882 | -100% |
| Trade receivables | 40 | €16,882 | €0 | -€16,882 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €19,554 | €31,619 | +€12,066 | +61.7% |
| Deferred charges and accrued income | 490/1 | €1,421 | €0 | -€1,421 | -100% |
| Total equity and liabilities | 10/49 | €97,927 | €91,223 | -€6,704 | -6.8% |
| Equity | 10/15 | €47,583 | €43,731 | -€3,852 | -8.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,132 | €23,279 | -€3,852 | -14.2% |
| Amounts payable | 17/49 | €50,345 | €47,492 | -€2,852 | -5.7% |
| Amounts payable after more than one year | 17 | €4,190 | €5,000 | +€810 | +19.3% |
| Other amounts payable | 178/9 | €4,190 | €5,000 | +€810 | +19.3% |
| Amounts payable within one year | 42/48 | €46,155 | €42,492 | -€3,662 | -7.9% |
| Trade debts | 44 | €1,143 | €299 | -€844 | -73.8% |
| Suppliers | 440/4 | €1,143 | €299 | -€844 | -73.8% |
| Taxes, remuneration and social security | 45 | €5,012 | €2,049 | -€2,962 | -59.1% |
| Taxes | 450/3 | €5,012 | €2,049 | -€2,962 | -59.1% |
| Other amounts payable | 47/48 | €40,000 | €40,144 | +€144 | +0.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €467 | €467 | +€0 | 0.0% |
| Other operating charges | 640/8 | €4,533 | €5,297 | +€764 | +16.9% |
| Gross operating margin | 9900 | €49,733 | €54,146 | +€4,413 | +8.9% |
| Operating profit (loss) | 9901 | €44,733 | €48,382 | +€3,649 | +8.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €142 | €184 | +€43 | +30.1% |
| Recurring financial charges | 65 | €142 | €184 | +€43 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €44,591 | €48,197 | +€3,606 | +8.1% |
| Income taxes | 67/77 | €11,148 | €12,049 | +€902 | +8.1% |
| Profit (loss) for the period | 9904 | €33,443 | €36,148 | +€2,705 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,443 | €36,148 | +€2,705 | +8.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.