ADENTI: what changed
Two fiscal 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.
ADENTI
Largest movements
- Cash -€54,802
down €54,802 (-76.0%), from €72,073 to €17,271
mainly Debts after one year (-€45,455) and Accrued charges and deferred income (-€20,000)
- Tangible fixed assets -€21,177
down €21,177 (-6.8%), from €310,759 to €289,581
of which Land and buildings: -€16,987
- Receivables within one year -€16,673
down €16,673 (-73.6%), from €22,650 to €5,976
of which Trade receivables: -€22,440
- Debts after one year -€45,455
down €45,455 (-22.6%), from €201,347 to €155,893
- Accrued charges and deferred income -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Trade debts -€13,958
down €13,958 (-77.6%), from €17,980 to €4,022
- Profit (loss) carried forward -€7,483
new in 2024: -€7,483
- Gross operating margin -€35,297
down €35,297 (-50.6%), from €69,786 to €34,489
- Depreciation -€7,281
down €7,281 (-26.2%), from €27,797 to €20,516
- Taxes -€6,136
down €6,136 (-100.0%), from €6,136 to €0
- Other operating charges +€5,602
up €5,602 (+114.2%), from €4,906 to €10,509
- Financial charges -€1,614
down €1,614 (-12.8%), from €12,561 to €10,948
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €407,056 | €316,018 | -€91,038 | -22.4% |
| Fixed assets | 21/28 | €310,759 | €289,581 | -€21,177 | -6.8% |
| Tangible fixed assets | 22/27 | €310,759 | €289,581 | -€21,177 | -6.8% |
| Land and buildings | 22 | €297,428 | €280,440 | -€16,987 | -5.7% |
| Plant, machinery and equipment | 23 | €13,331 | €9,141 | -€4,190 | -31.4% |
| Current assets | 29/58 | €96,297 | €26,437 | -€69,861 | -72.5% |
| Amounts receivable within one year | 40/41 | €22,650 | €5,976 | -€16,673 | -73.6% |
| Trade receivables | 40 | €22,440 | €0 | -€22,440 | -100.0% |
| Other amounts receivable | 41 | €210 | €5,976 | +€5,767 | +2749.9% |
| Cash at bank and in hand | 54/58 | €72,073 | €17,271 | -€54,802 | -76.0% |
| Deferred charges and accrued income | 490/1 | €1,575 | €3,190 | +€1,615 | +102.5% |
| Total equity and liabilities | 10/49 | €407,056 | €316,018 | -€91,038 | -22.4% |
| Equity | 10/15 | €116,421 | €108,938 | -€7,483 | -6.4% |
| Contributions | 10/11 | €61,644 | €61,644 | = | 0.0% |
| Capital | 10 | €61,644 | €61,644 | = | 0.0% |
| Issued capital | 100 | €61,644 | €61,644 | = | 0.0% |
| Reserves | 13 | €54,777 | €54,777 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,051 | €3,051 | = | 0.0% |
| Legal reserve | 130 | €3,051 | €3,051 | = | 0.0% |
| Distributable reserves | 133 | €51,726 | €51,726 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€7,483 | -€7,483 | |
| Amounts payable | 17/49 | €290,635 | €207,080 | -€83,555 | -28.7% |
| Amounts payable after more than one year | 17 | €201,347 | €155,893 | -€45,455 | -22.6% |
| Financial debts | 170/4 | €201,347 | €155,893 | -€45,455 | -22.6% |
| Amounts payable within one year | 42/48 | €69,287 | €51,187 | -€18,100 | -26.1% |
| Current portion of amounts payable after more than one year | 42 | €47,471 | €47,165 | -€306 | -0.6% |
| Trade debts | 44 | €17,980 | €4,022 | -€13,958 | -77.6% |
| Suppliers | 440/4 | €17,980 | €4,022 | -€13,958 | -77.6% |
| Taxes, remuneration and social security | 45 | €3,836 | €0 | -€3,836 | -100.0% |
| Taxes | 450/3 | €3,836 | €0 | -€3,836 | -100.0% |
| Accrued charges and deferred income | 492/3 | €20,000 | €0 | -€20,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,797 | €20,516 | -€7,281 | -26.2% |
| Other operating charges | 640/8 | €4,906 | €10,509 | +€5,602 | +114.2% |
| Gross operating margin | 9900 | €69,786 | €34,489 | -€35,297 | -50.6% |
| Operating profit (loss) | 9901 | €37,082 | €3,464 | -€33,618 | -90.7% |
| Financial charges | 65/66B | €12,561 | €10,948 | -€1,614 | -12.8% |
| Recurring financial charges | 65 | €12,561 | €10,948 | -€1,614 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €24,521 | -€7,483 | -€32,004 | |
| Income taxes | 67/77 | €6,136 | €0 | -€6,136 | -100.0% |
| Profit (loss) for the period | 9904 | €18,384 | -€7,483 | -€25,868 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,384 | -€7,483 | -€25,868 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.