Adeptive Solutions: 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.
Adeptive Solutions
Largest movements
- Cash -€21,272
down €21,272 (-14.5%), from €146,624 to €125,352
mainly Contributions, distributions and other (-€92,884) and Tax, wage and social debts (-€10,300)
- Tangible fixed assets -€3,445
down €3,445 (-36.8%), from €9,369 to €5,924
of which Furniture and vehicles: -€3,956
- Deferred charges and accrued income -€2,473
down €2,473 (-36.2%), from €6,836 to €4,362
- Reserves -€34,575
down €34,575 (-58.3%), from €59,321 to €24,746
- Other debts +€18,858
up €18,858 (+25.9%), from €72,782 to €91,640
- Tax, wage and social debts -€10,300
down €10,300 (-46.0%), from €22,384 to €12,085
- Gross operating margin -€13,522
down €13,522 (-14.2%), from €95,328 to €81,806
- Depreciation -€2,542
down €2,542 (-33.5%), from €7,587 to €5,045
- Taxes -€2,226
down €2,226 (-12.8%), from €17,417 to €15,191
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.
Derived cash bridge
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 | €176,000 | €149,819 | -€26,181 | -14.9% |
| Fixed assets | 21/28 | €9,369 | €5,924 | -€3,445 | -36.8% |
| Tangible fixed assets | 22/27 | €9,369 | €5,924 | -€3,445 | -36.8% |
| Land and buildings | 22 | €629 | €517 | -€112 | -17.8% |
| Plant, machinery and equipment | 23 | €665 | €1,289 | +€623 | +93.7% |
| Furniture and vehicles | 24 | €8,075 | €4,118 | -€3,956 | -49.0% |
| Current assets | 29/58 | €166,631 | €143,895 | -€22,736 | -13.6% |
| Amounts receivable within one year | 40/41 | €13,171 | €14,181 | +€1,009 | +7.7% |
| Trade receivables | 40 | €13,123 | €12,871 | -€252 | -1.9% |
| Other amounts receivable | 41 | €48 | €1,309 | +€1,261 | +2,622% |
| Cash at bank and in hand | 54/58 | €146,624 | €125,352 | -€21,272 | -14.5% |
| Deferred charges and accrued income | 490/1 | €6,836 | €4,362 | -€2,473 | -36.2% |
| Total equity and liabilities | 10/49 | €176,000 | €149,819 | -€26,181 | -14.9% |
| Equity | 10/15 | €79,321 | €44,746 | -€34,575 | -43.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €59,321 | €24,746 | -€34,575 | -58.3% |
| Distributable reserves | 133 | €59,321 | €24,746 | -€34,575 | -58.3% |
| Amounts payable | 17/49 | €96,678 | €105,073 | +€8,395 | +8.7% |
| Amounts payable within one year | 42/48 | €96,678 | €105,073 | +€8,395 | +8.7% |
| Trade debts | 44 | €1,512 | €1,348 | -€164 | -10.8% |
| Suppliers | 440/4 | €1,512 | €1,348 | -€164 | -10.8% |
| Taxes, remuneration and social security | 45 | €22,384 | €12,085 | -€10,300 | -46.0% |
| Taxes | 450/3 | €22,384 | €12,085 | -€10,300 | -46.0% |
| Other amounts payable | 47/48 | €72,782 | €91,640 | +€18,858 | +25.9% |
| Remuneration, social security and pensions | 62 | €2,016 | €1,848 | -€168 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,587 | €5,045 | -€2,542 | -33.5% |
| Other operating charges | 640/8 | €619 | €585 | -€34 | -5.4% |
| Non-recurring operating charges | 66A | - | €405 | +€405 | |
| Gross operating margin | 9900 | €95,328 | €81,806 | -€13,522 | -14.2% |
| Operating profit (loss) | 9901 | €85,106 | €73,923 | -€11,184 | -13.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -95.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -95.2% |
| Financial charges | 65/66B | €747 | €424 | -€324 | -43.3% |
| Recurring financial charges | 65 | €747 | €424 | -€324 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | €84,360 | €73,499 | -€10,861 | -12.9% |
| Income taxes | 67/77 | €17,417 | €15,191 | -€2,226 | -12.8% |
| Profit (loss) for the period | 9904 | €66,942 | €58,308 | -€8,634 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,942 | €58,308 | -€8,634 | -12.9% |
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 25 October 2026 via checked.be.