ADELMONS: what changed
What changed
ADELMONS
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
€438,963
2025 · €766,321-€327,358
Equity
€1.1m
2025 · €966,321+€138,963
Cash
€1.8m
2025 · €2.3m-€546,792
Balance sheet total
€3.0m
2025 · €3.3m-€294,973
Largest movements
Assets
- Cash -€546,792
down €546,792 (-23.3%), from €2.3m to €1.8m
mainly Accrued charges and deferred income (-€514,044) and Contributions, distributions and other (-€300,000)
- Receivables after one year +€290,633
new in 2026: €290,633
- Stocks and contracts -€109,086
down €109,086 (-11.5%), from €949,113 to €840,027
- Receivables within one year +€66,171
up €66,171 (+179%), from €37,014 to €103,185
of which Trade receivables: +€59,147
Equity and liabilities
- Accrued charges and deferred income -€514,044
down €514,044 (-100%), from €514,044 to €0
- Tax, wage and social debts -€271,223
down €271,223 (-28.7%), from €946,000 to €674,777
of which Taxes: -€307,354
- Trade debts +€201,331
up €201,331 (+22.0%), from €915,261 to €1.1m
- Other debts +€150,000
up €150,000 (+53,440%), from €281 to €150,281
- Profit (loss) carried forward +€138,963
up €138,963 (+18.6%), from €746,321 to €885,283
Income statement
- Turnover +€17.1m
new in 2026: €17.1m
- Goods and materials +€13.8m
new in 2026: €13.8m
of which Purchases: +€13.7m
- Gross operating margin -€4.7m
no longer reported in 2026 (was €4.7m)
- Other operating income +€1.3m
new in 2026: €1.3m
- Services and other goods +€1.2m
new in 2026: €1.2m
Change in the result, 2025 to 2026
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 2025
€766,321
Turnover
+€17.1m
Other operating income
+€1.3m
Goods and materials
-€13.8m
Services and other goods
-€1.2m
Staff costs
+€940,892
Depreciation
-€1,295
Other operating charges
-€163,316
Other operating items
-€4.7m
Financial income
+€17,054
Financial charges
-€402
Taxes
+€131,640
Result 2026
€438,963
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€239,170
Investment
-€7,622
Financing
-€300,000
Cash 2025
€2.3m
From operations (derived)
-€239,170
Net result for the year
+€438,963
Depreciation
+€3,585
Receivables after one year
-€290,633
Stocks and contracts
+€109,086
Receivables within one year
-€66,171
Deferred charges and accrued income
-€63
Trade debts
+€201,331
Tax, wage and social debts
-€271,223
Other debts
+€150,000
Accrued charges and deferred income
-€514,044
Investment (derived)
-€7,622
Investment in fixed assets (net)
-€7,622
Financing
-€300,000
Contributions, distributions and other
-€300,000
Cash 2026
€1.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,341,906 | €3,046,933 | -€294,973 | -8.8% |
| Fixed assets | 21/28 | €11,812 | €15,850 | +€4,038 | +34.2% |
| Tangible fixed assets | 22/27 | €11,612 | €15,250 | +€3,638 | +31.3% |
| Plant, machinery and equipment | 23 | €11,260 | €15,118 | +€3,858 | +34.3% |
| Furniture and vehicles | 24 | €352 | €132 | -€220 | -62.5% |
| Financial fixed assets | 28 | €200 | €600 | +€400 | +200% |
| Other financial fixed assets | 284/8 | - | €600 | +€600 | |
| Amounts receivable and cash guarantees | 285/8 | - | €600 | +€600 | |
| Current assets | 29/58 | €3,330,094 | €3,031,084 | -€299,010 | -9.0% |
| Amounts receivable after more than one year | 29 | - | €290,633 | +€290,633 | |
| Other amounts receivable | 291 | - | €290,633 | +€290,633 | |
| Stocks and contracts in progress | 3 | €949,113 | €840,027 | -€109,086 | -11.5% |
| Stocks | 30/36 | €949,113 | €840,027 | -€109,086 | -11.5% |
| Raw materials and consumables | 30/31 | - | €15,297 | +€15,297 | |
| Goods purchased for resale | 34 | - | €824,730 | +€824,730 | |
| Amounts receivable within one year | 40/41 | €37,014 | €103,185 | +€66,171 | +179% |
| Trade receivables | 40 | €37,010 | €96,157 | +€59,147 | +160% |
| Other amounts receivable | 41 | €4 | €7,029 | +€7,025 | +185,839% |
| Cash at bank and in hand | 54/58 | €2,343,967 | €1,797,175 | -€546,792 | -23.3% |
| Deferred charges and accrued income | 490/1 | - | €63 | +€63 | |
| Total equity and liabilities | 10/49 | €3,341,906 | €3,046,933 | -€294,973 | -8.8% |
| Equity | 10/15 | €966,321 | €1,105,283 | +€138,963 | +14.4% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €746,321 | €885,283 | +€138,963 | +18.6% |
| Amounts payable | 17/49 | €2,375,586 | €1,941,650 | -€433,935 | -18.3% |
| Amounts payable within one year | 42/48 | €1,861,542 | €1,941,650 | +€80,108 | +4.3% |
| Trade debts | 44 | €915,261 | €1,116,592 | +€201,331 | +22.0% |
| Suppliers | 440/4 | €915,261 | €1,116,592 | +€201,331 | +22.0% |
| Taxes, remuneration and social security | 45 | €946,000 | €674,777 | -€271,223 | -28.7% |
| Taxes | 450/3 | €467,042 | €159,689 | -€307,354 | -65.8% |
| Remuneration and social security | 454/9 | €478,958 | €515,089 | +€36,131 | +7.5% |
| Other amounts payable | 47/48 | €281 | €150,281 | +€150,000 | +53,440% |
| Accrued charges and deferred income | 492/3 | €514,044 | €0 | -€514,044 | -100% |
| Operating income | 70/76A | - | €18,461,093 | +€18.5m | |
| Turnover | 70 | - | €17,126,660 | +€17.1m | |
| Other operating income | 74 | - | €1,334,433 | +€1.3m | |
| Operating charges | 60/66A | - | €17,864,922 | +€17.9m | |
| Goods for resale, raw materials and consumables | 60 | - | €13,812,826 | +€13.8m | |
| Purchases | 600/8 | - | €13,703,740 | +€13.7m | |
| Change in stocks: decrease (increase) | 609 | - | €109,086 | +€109,086 | |
| Services and other goods | 61 | - | €1,226,545 | +€1.2m | |
| Remuneration, social security and pensions | 62 | €3,593,765 | €2,652,873 | -€940,892 | -26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,289 | €3,585 | +€1,295 | +56.6% |
| Other operating charges | 640/8 | €5,778 | €169,094 | +€163,316 | +2,827% |
| Gross operating margin | 9900 | €4,673,654 | - | -€4.7m | |
| Operating profit (loss) | 9901 | €1,071,821 | €596,171 | -€475,650 | -44.4% |
| Financial income | 75/76B | €8,961 | €26,015 | +€17,054 | +190% |
| Recurring financial income | 75 | €8,961 | €26,015 | +€17,054 | +190% |
| Income from current assets | 751 | - | €25,945 | +€25,945 | |
| Other financial income | 752/9 | - | €70 | +€70 | |
| Financial charges | 65/66B | €14,463 | €14,865 | +€402 | +2.8% |
| Recurring financial charges | 65 | €14,463 | €14,865 | +€402 | +2.8% |
| Debt charges | 650 | - | €2,303 | +€2,303 | |
| Other financial charges | 652/9 | - | €12,562 | +€12,562 | |
| Profit (loss) for the period before taxes | 9903 | €1,066,319 | €607,321 | -€458,998 | -43.0% |
| Income taxes | 67/77 | €299,998 | €168,358 | -€131,640 | -43.9% |
| Taxes | 670/3 | - | €168,358 | +€168,358 | |
| Profit (loss) for the period | 9904 | €766,321 | €438,963 | -€327,358 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €766,321 | €438,963 | -€327,358 | -42.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.