ADELEER: what changed
What changed
ADELEER
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€116,203
2024 · €111,608+€4,595
Equity
€27,532
2024 · €133,329-€105,797
Cash
€132,807
2024 · €98,118+€34,688
Balance sheet total
€142,955
2024 · €151,324-€8,369
Largest movements
Assets
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Cash +€34,688
up €34,688 (+35.4%), from €98,118 to €132,807
mainly Net result for the year (+€116,203) and Other debts (+€94,418)
- Tangible fixed assets +€5,536
new in 2025: €5,536
Equity and liabilities
- Profit (loss) carried forward -€105,797
down €105,797 (-94.8%), from €111,608 to €5,811
- Other debts +€94,418
up €94,418 (+812%), from €11,630 to €106,047
- Trade debts +€2,897
up €2,897 (+66.6%), from €4,352 to €7,249
Income statement
- Gross operating margin +€6,490
up €6,490 (+4.5%), from €143,528 to €150,018
- Financial income +€1,610
up €1,610 (+223%), from €721 to €2,331
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€111,608
Gross operating margin
+€6,490
Depreciation
-€622
Other operating charges
-€789
Financial income
+€1,610
Financial charges
-€879
Taxes
-€1,216
Result 2025
€116,203
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€212,847
Investment
+€43,841
Financing
-€222,000
Cash 2024
€98,118
From operations (derived)
+€212,847
Net result for the year
+€116,203
Depreciation
+€622
Receivables within one year
-€1,407
Trade debts
+€2,897
Tax, wage and social debts
-€751
Other debts
+€94,418
Accrued charges and deferred income
+€865
Investment (derived)
+€43,841
Investment in fixed assets (net)
-€6,159
Current investments
+€50,000
Financing
-€222,000
Contributions, distributions and other
-€222,000
Cash 2025
€132,807
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €151,324 | €142,955 | -€8,369 | -5.5% |
| Fixed assets | 21/28 | - | €5,536 | +€5,536 | |
| Tangible fixed assets | 22/27 | - | €5,536 | +€5,536 | |
| Furniture and vehicles | 24 | - | €5,536 | +€5,536 | |
| Current assets | 29/58 | €151,324 | €137,419 | -€13,905 | -9.2% |
| Amounts receivable within one year | 40/41 | €3,206 | €4,613 | +€1,407 | +43.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €3,206 | €4,613 | +€1,407 | +43.9% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €98,118 | €132,807 | +€34,688 | +35.4% |
| Total equity and liabilities | 10/49 | €151,324 | €142,955 | -€8,369 | -5.5% |
| Equity | 10/15 | €133,329 | €27,532 | -€105,797 | -79.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,121 | €3,121 | = | 0.0% |
| Distributable reserves | 133 | €3,121 | €3,121 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,608 | €5,811 | -€105,797 | -94.8% |
| Amounts payable | 17/49 | €17,995 | €115,424 | +€97,428 | +541% |
| Amounts payable within one year | 42/48 | €17,995 | €114,558 | +€96,563 | +537% |
| Trade debts | 44 | €4,352 | €7,249 | +€2,897 | +66.6% |
| Suppliers | 440/4 | €4,352 | €7,249 | +€2,897 | +66.6% |
| Taxes, remuneration and social security | 45 | €2,013 | €1,262 | -€751 | -37.3% |
| Taxes | 450/3 | €2,013 | €1,262 | -€751 | -37.3% |
| Other amounts payable | 47/48 | €11,630 | €106,047 | +€94,418 | +812% |
| Accrued charges and deferred income | 492/3 | €0 | €865 | +€865 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €622 | +€622 | |
| Other operating charges | 640/8 | €118 | €907 | +€789 | +669% |
| Gross operating margin | 9900 | €143,528 | €150,018 | +€6,490 | +4.5% |
| Operating profit (loss) | 9901 | €143,410 | €148,489 | +€5,079 | +3.5% |
| Financial income | 75/76B | €721 | €2,331 | +€1,610 | +223% |
| Recurring financial income | 75 | €721 | €2,331 | +€1,610 | +223% |
| Financial charges | 65/66B | €157 | €1,036 | +€879 | +558% |
| Recurring financial charges | 65 | €157 | €1,036 | +€879 | +558% |
| Profit (loss) for the period before taxes | 9903 | €143,974 | €149,784 | +€5,810 | +4.0% |
| Income taxes | 67/77 | €32,365 | €33,581 | +€1,216 | +3.8% |
| Profit (loss) for the period | 9904 | €111,608 | €116,203 | +€4,595 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €111,608 | €116,203 | +€4,595 | +4.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.