ADFI: 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.
ADFI
Largest movements
- Cash +€183,977
up €183,977 (+36.2%), from €507,821 to €691,799
mainly Other debts (+€177,452) and Net result for the year (+€7,189)
- Other debts +€177,452
up €177,452 (+36.3%), from €489,000 to €666,452
- Profit (loss) carried forward +€7,189
up €7,189 (+2065.9%), from €348 to €7,537
- Financial income +€9,090
up €9,090 (+820.4%), from €1,108 to €10,198
- Taxes +€2,807
up €2,807, from -€411 to €2,396
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
- Gross operating margin -€3
down €3 (-1.9%), from -€163 to -€167
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 | €507,948 | €692,588 | +€184,640 | +36.4% |
| Current assets | 29/58 | €507,948 | €692,588 | +€184,640 | +36.4% |
| Amounts receivable within one year | 40/41 | €127 | €790 | +€663 | +523.1% |
| Other amounts receivable | 41 | €127 | €790 | +€663 | +523.1% |
| Cash at bank and in hand | 54/58 | €507,821 | €691,799 | +€183,977 | +36.2% |
| Total equity and liabilities | 10/49 | €507,948 | €692,588 | +€184,640 | +36.4% |
| Equity | 10/15 | €18,948 | €26,137 | +€7,189 | +37.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €348 | €7,537 | +€7,189 | +2065.9% |
| Amounts payable | 17/49 | €489,000 | €666,452 | +€177,452 | +36.3% |
| Amounts payable within one year | 42/48 | €489,000 | €666,452 | +€177,452 | +36.3% |
| Other amounts payable | 47/48 | €489,000 | €666,452 | +€177,452 | +36.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€163 | -€167 | -€3 | -1.9% |
| Operating profit (loss) | 9901 | -€551 | -€566 | -€16 | -2.8% |
| Financial income | 75/76B | €1,108 | €10,198 | +€9,090 | +820.4% |
| Recurring financial income | 75 | €1,108 | €10,198 | +€9,090 | +820.4% |
| Financial charges | 65/66B | €46 | €46 | +€0 | +0.6% |
| Recurring financial charges | 65 | €46 | €46 | +€0 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €511 | €9,585 | +€9,074 | +1775.3% |
| Income taxes | 67/77 | -€411 | €2,396 | +€2,807 | |
| Profit (loss) for the period | 9904 | €922 | €7,189 | +€6,267 | +679.8% |
| Profit (loss) for the period to be appropriated | 9905 | €922 | €7,189 | +€6,267 | +679.8% |
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 12 October 2026 via checked.be.