ADELHEID SB: 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.
ADELHEID SB
Largest movements
- Cash +€28,202
up €28,202 (+23.1%), from €122,210 to €150,411
mainly Depreciation (+€21,697) and Net result for the year (+€19,280)
- Tangible fixed assets -€16,404
down €16,404 (-15.4%), from €106,537 to €90,133
of which Land and buildings: -€9,865
- Receivables within one year -€4,143
down €4,143 (-25.9%), from €15,972 to €11,829
of which Trade receivables: -€4,187
- Reserves +€19,171
up €19,171 (+9.7%), from €198,306 to €217,477
of which Distributable reserves: +€19,171
- Other debts -€10,659
down €10,659 (-90.9%), from €11,728 to €1,070
- Tax, wage and social debts +€10,152
up €10,152 (+126%), from €8,057 to €18,209
of which Taxes: +€6,135
- Accrued charges and deferred income -€4,312
down €4,312 (-53.9%), from €8,002 to €3,690
- Advances received -€3,993
down €3,993 (-100%), from €3,993 to €0
- Gross operating margin +€14,159
up €14,159 (+35.4%), from €40,045 to €54,204
- Taxes +€3,930
up €3,930 (+86.1%), from €4,564 to €8,494
- Depreciation +€978
up €978 (+4.7%), from €20,720 to €21,697
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €252,047 | €260,673 | +€8,626 | +3.4% |
| Fixed assets | 21/28 | €106,537 | €90,133 | -€16,404 | -15.4% |
| Tangible fixed assets | 22/27 | €106,537 | €90,133 | -€16,404 | -15.4% |
| Land and buildings | 22 | €87,504 | €77,639 | -€9,865 | -11.3% |
| Plant, machinery and equipment | 23 | €2,911 | €1,548 | -€1,363 | -46.8% |
| Furniture and vehicles | 24 | €16,122 | €10,947 | -€5,175 | -32.1% |
| Current assets | 29/58 | €145,509 | €170,539 | +€25,030 | +17.2% |
| Amounts receivable within one year | 40/41 | €15,972 | €11,829 | -€4,143 | -25.9% |
| Trade receivables | 40 | €15,971 | €11,784 | -€4,187 | -26.2% |
| Other amounts receivable | 41 | €1 | €45 | +€44 | +7,106% |
| Cash at bank and in hand | 54/58 | €122,210 | €150,411 | +€28,202 | +23.1% |
| Deferred charges and accrued income | 490/1 | €7,328 | €8,300 | +€972 | +13.3% |
| Total equity and liabilities | 10/49 | €252,047 | €260,673 | +€8,626 | +3.4% |
| Equity | 10/15 | €216,906 | €236,077 | +€19,171 | +8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €198,306 | €217,477 | +€19,171 | +9.7% |
| Tax-exempt reserves | 132 | €125 | €125 | = | 0.0% |
| Distributable reserves | 133 | €198,181 | €217,351 | +€19,171 | +9.7% |
| Amounts payable | 17/49 | €35,141 | €24,596 | -€10,545 | -30.0% |
| Amounts payable within one year | 42/48 | €27,139 | €20,906 | -€6,233 | -23.0% |
| Trade debts | 44 | €3,361 | €1,627 | -€1,733 | -51.6% |
| Suppliers | 440/4 | €3,361 | €1,627 | -€1,733 | -51.6% |
| Advances received on contracts in progress | 46 | €3,993 | €0 | -€3,993 | -100% |
| Taxes, remuneration and social security | 45 | €8,057 | €18,209 | +€10,152 | +126% |
| Taxes | 450/3 | €8,057 | €14,192 | +€6,135 | +76.1% |
| Remuneration and social security | 454/9 | - | €4,017 | +€4,017 | |
| Other amounts payable | 47/48 | €11,728 | €1,070 | -€10,659 | -90.9% |
| Accrued charges and deferred income | 492/3 | €8,002 | €3,690 | -€4,312 | -53.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,720 | €21,697 | +€978 | +4.7% |
| Other operating charges | 640/8 | €3,573 | €3,787 | +€214 | +6.0% |
| Gross operating margin | 9900 | €40,045 | €54,204 | +€14,159 | +35.4% |
| Operating profit (loss) | 9901 | €15,753 | €28,720 | +€12,967 | +82.3% |
| Financial charges | 65/66B | €1,094 | €946 | -€148 | -13.5% |
| Recurring financial charges | 65 | €1,094 | €946 | -€148 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €14,659 | €27,774 | +€13,115 | +89.5% |
| Income taxes | 67/77 | €4,564 | €8,494 | +€3,930 | +86.1% |
| Profit (loss) for the period | 9904 | €10,095 | €19,280 | +€9,185 | +91.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,095 | €19,280 | +€9,185 | +91.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.