ADI: 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.
ADI
Largest movements
- Cash +€4,072
up €4,072 (+422.4%), from €964 to €5,036
mainly Net result for the year (+€6,302) and Tax, wage and social debts (+€2,766)
- Receivables within one year +€3,061
up €3,061 (+79.3%), from €3,860 to €6,921
- Stocks and contracts -€654
down €654 (-54.2%), from €1,206 to €552
- Financial fixed assets -€645
no longer reported in 2025 (was €645)
- Profit (loss) carried forward +€6,302
up €6,302 (+9.7%), from -€64,651 to -€58,349
- Other debts -€4,652
down €4,652 (-9.9%), from €47,139 to €42,487
- Tax, wage and social debts +€2,766
new in 2025: €2,766
- Current portion of long-term debt +€2,609
new in 2025: €2,609
- Trade debts -€1,191
down €1,191 (-21.3%), from €5,587 to €4,396
- Gross operating margin +€6,275
up €6,275 (+180.4%), from €3,478 to €9,753
- Other operating charges +€276
up €276 (+9.9%), from €2,800 to €3,076
- Financial charges +€197
up €197 (+110.7%), from €178 to €375
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 | €6,675 | €12,509 | +€5,834 | +87.4% |
| Fixed assets | 21/28 | €645 | - | -€645 | |
| Financial fixed assets | 28 | €645 | - | -€645 | |
| Current assets | 29/58 | €6,030 | €12,509 | +€6,479 | +107.4% |
| Stocks and contracts in progress | 3 | €1,206 | €552 | -€654 | -54.2% |
| Stocks | 30/36 | €1,206 | €552 | -€654 | -54.2% |
| Amounts receivable within one year | 40/41 | €3,860 | €6,921 | +€3,061 | +79.3% |
| Trade receivables | 40 | €3,860 | €6,921 | +€3,061 | +79.3% |
| Cash at bank and in hand | 54/58 | €964 | €5,036 | +€4,072 | +422.4% |
| Total equity and liabilities | 10/49 | €6,675 | €12,509 | +€5,834 | +87.4% |
| Equity | 10/15 | -€46,051 | -€39,749 | +€6,302 | +13.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,651 | -€58,349 | +€6,302 | +9.7% |
| Amounts payable | 17/49 | €52,726 | €52,258 | -€468 | -0.9% |
| Amounts payable within one year | 42/48 | €52,726 | €52,258 | -€468 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | - | €2,609 | +€2,609 | |
| Trade debts | 44 | €5,587 | €4,396 | -€1,191 | -21.3% |
| Suppliers | 440/4 | €5,587 | €4,396 | -€1,191 | -21.3% |
| Taxes, remuneration and social security | 45 | - | €2,766 | +€2,766 | |
| Taxes | 450/3 | - | €2,766 | +€2,766 | |
| Other amounts payable | 47/48 | €47,139 | €42,487 | -€4,652 | -9.9% |
| Other operating charges | 640/8 | €2,800 | €3,076 | +€276 | +9.9% |
| Gross operating margin | 9900 | €3,478 | €9,753 | +€6,275 | +180.4% |
| Operating profit (loss) | 9901 | €678 | €6,677 | +€5,999 | +884.8% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €178 | €375 | +€197 | +110.7% |
| Recurring financial charges | 65 | €178 | €375 | +€197 | +110.7% |
| Profit (loss) for the period before taxes | 9903 | €502 | €6,302 | +€5,800 | +1155.4% |
| Profit (loss) for the period | 9904 | €502 | €6,302 | +€5,800 | +1155.4% |
| Profit (loss) for the period to be appropriated | 9905 | €502 | €6,302 | +€5,800 | +1155.4% |
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 5 October 2026 via checked.be.