Adept it: 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.
Adept it
Largest movements
- Cash -€139,279
down €139,279 (-68.2%), from €204,278 to €64,999
mainly Other debts (-€137,251) and Contributions, distributions and other (-€69,000)
- Tangible fixed assets -€9,392
down €9,392 (-20.6%), from €45,601 to €36,208
of which Furniture and vehicles: -€13,961
- Receivables within one year -€3,538
down €3,538 (-18.3%), from €19,290 to €15,752
of which Other amounts receivable: -€4,208
- Other debts -€137,251
down €137,251 (-69.4%), from €197,816 to €60,565
- Tax, wage and social debts -€11,988
down €11,988 (-51.5%), from €23,269 to €11,281
- Gross operating margin -€37,201
down €37,201 (-27.2%), from €136,944 to €99,743
- Taxes -€7,648
down €7,648 (-29.2%), from €26,170 to €18,522
- Depreciation -€3,433
down €3,433 (-19.5%), from €17,575 to €14,142
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 | €339,230 | €187,519 | -€151,711 | -44.7% |
| Fixed assets | 21/28 | €46,801 | €37,408 | -€9,392 | -20.1% |
| Tangible fixed assets | 22/27 | €45,601 | €36,208 | -€9,392 | -20.6% |
| Plant, machinery and equipment | 23 | - | €4,568 | +€4,568 | |
| Furniture and vehicles | 24 | €45,601 | €31,640 | -€13,961 | -30.6% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €292,429 | €150,110 | -€142,318 | -48.7% |
| Amounts receivable within one year | 40/41 | €19,290 | €15,752 | -€3,538 | -18.3% |
| Trade receivables | 40 | €13,383 | €14,052 | +€669 | +5.0% |
| Other amounts receivable | 41 | €5,908 | €1,700 | -€4,208 | -71.2% |
| Current investments | 50/53 | €66,692 | €67,146 | +€454 | +0.7% |
| Cash at bank and in hand | 54/58 | €204,278 | €64,999 | -€139,279 | -68.2% |
| Deferred charges and accrued income | 490/1 | €2,169 | €2,214 | +€44 | +2.0% |
| Total equity and liabilities | 10/49 | €339,230 | €187,519 | -€151,711 | -44.7% |
| Equity | 10/15 | €116,675 | €114,430 | -€2,245 | -1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €95,380 | €95,380 | = | 0.0% |
| Distributable reserves | 133 | €95,380 | €95,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,695 | €450 | -€2,245 | -83.3% |
| Amounts payable | 17/49 | €222,555 | €73,089 | -€149,466 | -67.2% |
| Amounts payable within one year | 42/48 | €222,555 | €73,089 | -€149,466 | -67.2% |
| Trade debts | 44 | €1,470 | €1,244 | -€226 | -15.4% |
| Suppliers | 440/4 | €1,470 | €1,244 | -€226 | -15.4% |
| Taxes, remuneration and social security | 45 | €23,269 | €11,281 | -€11,988 | -51.5% |
| Taxes | 450/3 | €23,269 | €11,281 | -€11,988 | -51.5% |
| Other amounts payable | 47/48 | €197,816 | €60,565 | -€137,251 | -69.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,575 | €14,142 | -€3,433 | -19.5% |
| Other operating charges | 640/8 | €1,100 | €924 | -€176 | -16.0% |
| Gross operating margin | 9900 | €136,944 | €99,743 | -€37,201 | -27.2% |
| Operating profit (loss) | 9901 | €118,268 | €84,677 | -€33,591 | -28.4% |
| Financial income | 75/76B | €591 | €666 | +€75 | +12.7% |
| Recurring financial income | 75 | €591 | €666 | +€75 | +12.7% |
| Financial charges | 65/66B | €161 | €66 | -€95 | -59.0% |
| Recurring financial charges | 65 | €161 | €66 | -€95 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | €118,698 | €85,277 | -€33,421 | -28.2% |
| Income taxes | 67/77 | €26,170 | €18,522 | -€7,648 | -29.2% |
| Profit (loss) for the period | 9904 | €92,528 | €66,755 | -€25,774 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €92,528 | €66,755 | -€25,774 | -27.9% |
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 9 October 2026 via checked.be.