ADEVIA: 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.
ADEVIA
Largest movements
- Receivables within one year -€28,267
down €28,267 (-44.0%), from €64,305 to €36,038
of which Trade receivables: -€29,309
- Tangible fixed assets -€10,365
down €10,365 (-26.8%), from €38,659 to €28,295
of which Leasing and similar rights: -€6,119
- Cash -€7,854
down €7,854 (-39.6%), from €19,832 to €11,978
mainly Trade debts (-€21,375) and Tax, wage and social debts (-€12,801)
- Trade debts -€21,375
down €21,375 (-55.8%), from €38,286 to €16,912
- Tax, wage and social debts -€12,801
down €12,801 (-56.8%), from €22,533 to €9,732
of which Taxes: -€12,868
- Current portion of long-term debt -€8,567
down €8,567 (-61.7%), from €13,876 to €5,309
- Debts after one year -€4,892
down €4,892 (-100.0%), from €4,892 to €0
- Other debts +€3,500
new in 2025: €3,500
- Gross operating margin -€6,060
down €6,060 (-12.1%), from €49,947 to €43,886
- Depreciation -€3,367
down €3,367 (-22.4%), from €15,027 to €11,660
- Staff costs +€2,336
up €2,336 (+10.0%), from €23,472 to €25,808
- Financial income +€2,046
up €2,046 (+165.0%), from €1,240 to €3,286
- Taxes -€1,515
down €1,515 (-45.1%), from €3,359 to €1,844
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 | €164,213 | €118,653 | -€45,560 | -27.7% |
| Fixed assets | 21/28 | €42,574 | €33,725 | -€8,850 | -20.8% |
| Tangible fixed assets | 22/27 | €38,659 | €28,295 | -€10,365 | -26.8% |
| Plant, machinery and equipment | 23 | €21,190 | €18,973 | -€2,217 | -10.5% |
| Furniture and vehicles | 24 | €6,221 | €4,936 | -€1,285 | -20.7% |
| Leasing and similar rights | 25 | €7,996 | €1,877 | -€6,119 | -76.5% |
| Other tangible fixed assets | 26 | €3,252 | €2,508 | -€744 | -22.9% |
| Financial fixed assets | 28 | €3,915 | €5,430 | +€1,515 | +38.7% |
| Current assets | 29/58 | €121,639 | €84,928 | -€36,711 | -30.2% |
| Amounts receivable after more than one year | 29 | €22,000 | €22,000 | = | 0.0% |
| Other amounts receivable | 291 | €22,000 | €22,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €12,817 | €11,639 | -€1,178 | -9.2% |
| Stocks | 30/36 | €12,817 | €11,639 | -€1,178 | -9.2% |
| Amounts receivable within one year | 40/41 | €64,305 | €36,038 | -€28,267 | -44.0% |
| Trade receivables | 40 | €53,911 | €24,601 | -€29,309 | -54.4% |
| Other amounts receivable | 41 | €10,394 | €11,437 | +€1,043 | +10.0% |
| Current investments | 50/53 | €1,523 | €1,821 | +€298 | +19.6% |
| Cash at bank and in hand | 54/58 | €19,832 | €11,978 | -€7,854 | -39.6% |
| Deferred charges and accrued income | 490/1 | €1,162 | €1,452 | +€290 | +25.0% |
| Total equity and liabilities | 10/49 | €164,213 | €118,653 | -€45,560 | -27.7% |
| Equity | 10/15 | €84,600 | €83,200 | -€1,400 | -1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,722 | €65,722 | = | 0.0% |
| Distributable reserves | 133 | €65,722 | €65,722 | = | 0.0% |
| Profit (loss) carried forward | 14 | €277 | -€1,122 | -€1,400 | |
| Amounts payable | 17/49 | €79,613 | €35,453 | -€44,161 | -55.5% |
| Amounts payable after more than one year | 17 | €4,892 | €0 | -€4,892 | -100.0% |
| Financial debts | 170/4 | €4,892 | €0 | -€4,892 | -100.0% |
| Amounts payable within one year | 42/48 | €74,695 | €35,453 | -€39,243 | -52.5% |
| Current portion of amounts payable after more than one year | 42 | €13,876 | €5,309 | -€8,567 | -61.7% |
| Trade debts | 44 | €38,286 | €16,912 | -€21,375 | -55.8% |
| Suppliers | 440/4 | €38,286 | €16,912 | -€21,375 | -55.8% |
| Taxes, remuneration and social security | 45 | €22,533 | €9,732 | -€12,801 | -56.8% |
| Taxes | 450/3 | €19,412 | €6,544 | -€12,868 | -66.3% |
| Remuneration and social security | 454/9 | €3,121 | €3,188 | +€67 | +2.1% |
| Other amounts payable | 47/48 | - | €3,500 | +€3,500 | |
| Accrued charges and deferred income | 492/3 | €26 | €0 | -€26 | -100.0% |
| Remuneration, social security and pensions | 62 | €23,472 | €25,808 | +€2,336 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,027 | €11,660 | -€3,367 | -22.4% |
| Other operating charges | 640/8 | €3,345 | €3,191 | -€154 | -4.6% |
| Non-recurring operating charges | 66A | - | €576 | +€576 | |
| Gross operating margin | 9900 | €49,947 | €43,886 | -€6,060 | -12.1% |
| Operating profit (loss) | 9901 | €8,103 | €2,651 | -€5,452 | -67.3% |
| Financial income | 75/76B | €1,240 | €3,286 | +€2,046 | +165.0% |
| Recurring financial income | 75 | €1,240 | €3,286 | +€2,046 | +165.0% |
| Financial charges | 65/66B | €875 | €1,993 | +€1,118 | +127.7% |
| Recurring financial charges | 65 | €875 | €1,993 | +€1,118 | +127.7% |
| Profit (loss) for the period before taxes | 9903 | €8,468 | €3,944 | -€4,523 | -53.4% |
| Income taxes | 67/77 | €3,359 | €1,844 | -€1,515 | -45.1% |
| Profit (loss) for the period | 9904 | €5,108 | €2,100 | -€3,008 | -58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,108 | €2,100 | -€3,008 | -58.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.