Adelia: 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.
Adelia
Largest movements
- Cash -€6,613
down €6,613 (-23.6%), from €28,054 to €21,441
mainly Accrued charges and deferred income (-€4,400) and Investment in fixed assets (net) (-€3,356)
- Receivables within one year +€1,593
up €1,593 (+137.8%), from €1,156 to €2,749
of which Trade receivables: +€2,311
- Tangible fixed assets +€1,134
up €1,134 (+9.4%), from €12,027 to €13,162
of which Plant, machinery and equipment: +€2,562
- Stocks and contracts -€719
down €719 (-4.6%), from €15,636 to €14,917
- Accrued charges and deferred income -€4,400
down €4,400 (-100.0%), from €4,400 to €0
- Tax, wage and social debts -€2,550
down €2,550 (-13.7%), from €18,654 to €16,104
of which Taxes: -€2,550
- Advances received +€1,833
new in 2025: €1,833
- Depreciation +€681
up €681 (+44.2%), from €1,540 to €2,221
- Financial charges +€463
up €463 (+328.0%), from €141 to €605
- Financial income -€114
down €114 (-25.3%), from €452 to €337
- Other operating charges -€91
down €91 (-8.1%), from €1,124 to €1,033
- Taxes -€90
down €90 (-7.1%), from €1,255 to €1,166
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 | €58,931 | €54,485 | -€4,445 | -7.5% |
| Fixed assets | 21/28 | €12,027 | €13,162 | +€1,134 | +9.4% |
| Tangible fixed assets | 22/27 | €12,027 | €13,162 | +€1,134 | +9.4% |
| Land and buildings | 22 | €9,844 | €8,828 | -€1,017 | -10.3% |
| Plant, machinery and equipment | 23 | €972 | €3,534 | +€2,562 | +263.5% |
| Furniture and vehicles | 24 | €1,211 | €800 | -€411 | -34.0% |
| Current assets | 29/58 | €46,903 | €41,324 | -€5,580 | -11.9% |
| Stocks and contracts in progress | 3 | €15,636 | €14,917 | -€719 | -4.6% |
| Stocks | 30/36 | €15,636 | €14,917 | -€719 | -4.6% |
| Amounts receivable within one year | 40/41 | €1,156 | €2,749 | +€1,593 | +137.8% |
| Trade receivables | 40 | €439 | €2,749 | +€2,311 | +526.7% |
| Other amounts receivable | 41 | €718 | €0 | -€718 | -100.0% |
| Cash at bank and in hand | 54/58 | €28,054 | €21,441 | -€6,613 | -23.6% |
| Deferred charges and accrued income | 490/1 | €2,058 | €2,216 | +€159 | +7.7% |
| Total equity and liabilities | 10/49 | €58,931 | €54,485 | -€4,445 | -7.5% |
| Equity | 10/15 | €25,269 | €25,358 | +€89 | +0.4% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €12,769 | €12,858 | +€89 | +0.7% |
| Distributable reserves | 133 | €12,769 | €12,858 | +€89 | +0.7% |
| Amounts payable | 17/49 | €33,662 | €29,127 | -€4,535 | -13.5% |
| Amounts payable within one year | 42/48 | €29,262 | €29,127 | -€135 | -0.5% |
| Financial debts | 43 | €45 | €0 | -€45 | -100.0% |
| Credit institutions | 430/8 | €45 | €0 | -€45 | -100.0% |
| Trade debts | 44 | €1,557 | €1,707 | +€150 | +9.6% |
| Suppliers | 440/4 | €1,557 | €1,707 | +€150 | +9.6% |
| Advances received on contracts in progress | 46 | - | €1,833 | +€1,833 | |
| Taxes, remuneration and social security | 45 | €18,654 | €16,104 | -€2,550 | -13.7% |
| Taxes | 450/3 | €11,954 | €9,404 | -€2,550 | -21.3% |
| Remuneration and social security | 454/9 | €6,700 | €6,700 | = | 0.0% |
| Other amounts payable | 47/48 | €9,006 | €9,485 | +€478 | +5.3% |
| Accrued charges and deferred income | 492/3 | €4,400 | €0 | -€4,400 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,540 | €2,221 | +€681 | +44.2% |
| Other operating charges | 640/8 | €1,124 | €1,033 | -€91 | -8.1% |
| Gross operating margin | 9900 | €4,847 | €4,777 | -€71 | -1.5% |
| Operating profit (loss) | 9901 | €2,183 | €1,522 | -€661 | -30.3% |
| Financial income | 75/76B | €452 | €337 | -€114 | -25.3% |
| Recurring financial income | 75 | €452 | €337 | -€114 | -25.3% |
| Financial charges | 65/66B | €141 | €605 | +€463 | +328.0% |
| Recurring financial charges | 65 | €141 | €605 | +€463 | +328.0% |
| Profit (loss) for the period before taxes | 9903 | €2,494 | €1,255 | -€1,239 | -49.7% |
| Income taxes | 67/77 | €1,255 | €1,166 | -€90 | -7.1% |
| Profit (loss) for the period | 9904 | €1,238 | €89 | -€1,149 | -92.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,238 | €89 | -€1,149 | -92.8% |
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 12 October 2026 via checked.be.