ADERCO MIT: 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.
What changed
ADERCO MIT
NACE 46.810, Wholesale of solid, liquid and gaseous fuels and related products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€238,454
2024 · -€383,592+€145,138
Equity
-€1.4m
2024 · -€1.2m-€238,454
Cash
€421,874
2024 · €766,377-€344,504
Balance sheet total
€4.5m
2024 · €4.9m-€363,837
Largest movements
Assets
- Cash -€344,504
down €344,504 (-45.0%), from €766,377 to €421,874
mainly Net result for the year (-€238,454) and Trade debts (-€139,016)
Equity and liabilities
- Profit (loss) carried forward -€238,454
down €238,454 (-18.1%), from -€1.3m to -€1.6m
- Trade debts -€139,016
down €139,016 (-2.3%), from €6.0m to €5.8m
Income statement
- Financial income +€451,123
up €451,123 (+639.1%), from €70,590 to €521,713
- Financial charges +€431,036
up €431,036 (+1554.1%), from €27,736 to €458,772
- Services and other goods -€205,232
down €205,232 (-8.1%), from €2.5m to €2.3m
- Turnover -€177,829
down €177,829 (-1.4%), from €13.2m to €13.0m
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.
Result 2024
-€383,592
Turnover
-€177,829
Other operating income
+€8,487
Goods and materials
+€71,288
Services and other goods
+€205,232
Staff costs
+€19,119
Depreciation
+€899
Other operating charges
-€2,065
Other operating items
-€642
Financial income
+€451,123
Financial charges
-€431,036
Taxes
+€563
Result 2025
-€238,454
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.
From operations
-€337,821
Investment
-€6,683
Financing
€0
Cash 2024
€766,377
From operations (derived)
-€337,821
Net result for the year
-€238,454
Depreciation
+€33,032
Stocks and contracts
+€2,554
Receivables within one year
-€8,718
Deferred charges and accrued income
-€852
Trade debts
-€139,016
Tax, wage and social debts
+€13,513
Other debts
+€120
Investment (derived)
-€6,683
Investment in fixed assets (net)
-€6,683
Cash 2025
€421,874
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,873,360 | €4,509,523 | -€363,837 | -7.5% |
| Fixed assets | 21/28 | €181,100 | €154,751 | -€26,349 | -14.5% |
| Tangible fixed assets | 22/27 | €143,580 | €117,231 | -€26,349 | -18.4% |
| Plant, machinery and equipment | 23 | €4,445 | €4,187 | -€258 | -5.8% |
| Furniture and vehicles | 24 | €13,122 | €10,039 | -€3,084 | -23.5% |
| Other tangible fixed assets | 26 | €126,013 | €103,006 | -€23,008 | -18.3% |
| Financial fixed assets | 28 | €37,520 | €37,520 | = | 0.0% |
| Other financial fixed assets | 284/8 | €37,520 | €37,520 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €37,520 | €37,520 | = | 0.0% |
| Current assets | 29/58 | €4,692,259 | €4,354,772 | -€337,488 | -7.2% |
| Stocks and contracts in progress | 3 | €7,893 | €5,339 | -€2,554 | -32.4% |
| Stocks | 30/36 | €7,893 | €5,339 | -€2,554 | -32.4% |
| Goods purchased for resale | 34 | €7,893 | €5,339 | -€2,554 | -32.4% |
| Amounts receivable within one year | 40/41 | €3,905,721 | €3,914,439 | +€8,718 | +0.2% |
| Trade receivables | 40 | €3,894,041 | €3,877,388 | -€16,653 | -0.4% |
| Other amounts receivable | 41 | €11,680 | €37,051 | +€25,371 | +217.2% |
| Cash at bank and in hand | 54/58 | €766,377 | €421,874 | -€344,504 | -45.0% |
| Deferred charges and accrued income | 490/1 | €12,268 | €13,120 | +€852 | +6.9% |
| Total equity and liabilities | 10/49 | €4,873,360 | €4,509,523 | -€363,837 | -7.5% |
| Equity | 10/15 | -€1,188,385 | -€1,426,839 | -€238,454 | -20.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €66,200 | €66,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,316,585 | -€1,555,039 | -€238,454 | -18.1% |
| Amounts payable | 17/49 | €6,061,745 | €5,936,362 | -€125,383 | -2.1% |
| Amounts payable within one year | 42/48 | €6,061,745 | €5,936,362 | -€125,383 | -2.1% |
| Trade debts | 44 | €5,969,231 | €5,830,216 | -€139,016 | -2.3% |
| Suppliers | 440/4 | €5,969,231 | €5,830,216 | -€139,016 | -2.3% |
| Taxes, remuneration and social security | 45 | €92,514 | €106,026 | +€13,513 | +14.6% |
| Taxes | 450/3 | €2,180 | €5,344 | +€3,165 | +145.2% |
| Remuneration and social security | 454/9 | €90,334 | €100,682 | +€10,348 | +11.5% |
| Other amounts payable | 47/48 | - | €120 | +€120 | |
| Operating income | 70/76A | €13,194,300 | €13,024,168 | -€170,132 | -1.3% |
| Turnover | 70 | €13,169,642 | €12,991,813 | -€177,829 | -1.4% |
| Other operating income | 74 | €23,868 | €32,355 | +€8,487 | +35.6% |
| Non-recurring operating income | 76A | €790 | €0 | -€790 | -100.0% |
| Operating charges | 60/66A | €13,618,567 | €13,323,947 | -€294,620 | -2.2% |
| Goods for resale, raw materials and consumables | 60 | €10,155,427 | €10,084,139 | -€71,288 | -0.7% |
| Purchases | 600/8 | €10,158,961 | €10,081,585 | -€77,375 | -0.8% |
| Change in stocks: decrease (increase) | 609 | -€3,534 | €2,554 | +€6,088 | |
| Services and other goods | 61 | €2,521,342 | €2,316,111 | -€205,232 | -8.1% |
| Remuneration, social security and pensions | 62 | €906,194 | €887,075 | -€19,119 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,930 | €33,032 | -€899 | -2.6% |
| Other operating charges | 640/8 | €1,509 | €3,574 | +€2,065 | +136.8% |
| Non-recurring operating charges | 66A | €164 | €16 | -€148 | -90.0% |
| Operating profit (loss) | 9901 | -€424,267 | -€299,779 | +€124,488 | +29.3% |
| Financial income | 75/76B | €70,590 | €521,713 | +€451,123 | +639.1% |
| Recurring financial income | 75 | €70,590 | €521,713 | +€451,123 | +639.1% |
| Other financial income | 752/9 | €70,590 | €521,713 | +€451,123 | +639.1% |
| Financial charges | 65/66B | €27,736 | €458,772 | +€431,036 | +1554.1% |
| Recurring financial charges | 65 | €27,736 | €458,772 | +€431,036 | +1554.1% |
| Debt charges | 650 | €27,736 | €10,609 | -€17,127 | -61.7% |
| Other financial charges | 652/9 | - | €448,163 | +€448,163 | |
| Profit (loss) for the period before taxes | 9903 | -€381,413 | -€236,837 | +€144,575 | +37.9% |
| Income taxes | 67/77 | €2,180 | €1,617 | -€563 | -25.8% |
| Taxes | 670/3 | €2,180 | €1,617 | -€563 | -25.8% |
| Profit (loss) for the period | 9904 | -€383,592 | -€238,454 | +€145,138 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€383,592 | -€238,454 | +€145,138 | +37.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.