ADIABATIC: 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.
ADIABATIC
Largest movements
- Cash +€30,228
up €30,228 (+186.7%), from €16,186 to €46,414
mainly Net result for the year (+€34,652) and Tax, wage and social debts (+€15,597)
- Receivables within one year +€17,230
up €17,230 (+5933.3%), from €290 to €17,521
- Reserves +€26,488
new in 2025: €26,488
- Tax, wage and social debts +€15,597
up €15,597 (+9092.9%), from €172 to €15,769
of which Taxes: +€11,097
- Profit (loss) carried forward +€8,164
no longer reported in 2025 (was -€8,164)
- Other debts -€3,349
down €3,349 (-56.7%), from €5,911 to €2,561
- Gross operating margin +€56,038
up €56,038, from -€7,586 to €48,452
- Taxes +€12,369
up €12,369 (+8865.3%), from €140 to €12,508
- Depreciation -€1,055
down €1,055 (-90.5%), from €1,166 to €111
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 | €16,719 | €64,167 | +€47,449 | +283.8% |
| Fixed assets | 21/28 | €111 | - | -€111 | |
| Tangible fixed assets | 22/27 | €111 | - | -€111 | |
| Furniture and vehicles | 24 | €111 | - | -€111 | |
| Current assets | 29/58 | €16,607 | €64,167 | +€47,560 | +286.4% |
| Amounts receivable within one year | 40/41 | €290 | €17,521 | +€17,230 | +5933.3% |
| Trade receivables | 40 | €290 | €17,521 | +€17,230 | +5933.3% |
| Cash at bank and in hand | 54/58 | €16,186 | €46,414 | +€30,228 | +186.7% |
| Deferred charges and accrued income | 490/1 | €130 | €232 | +€102 | +78.1% |
| Total equity and liabilities | 10/49 | €16,719 | €64,167 | +€47,449 | +283.8% |
| Equity | 10/15 | €10,436 | €45,088 | +€34,652 | +332.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €26,488 | +€26,488 | |
| Distributable reserves | 133 | - | €26,488 | +€26,488 | |
| Profit (loss) carried forward | 14 | -€8,164 | - | +€8,164 | |
| Amounts payable | 17/49 | €6,283 | €19,080 | +€12,797 | +203.7% |
| Amounts payable within one year | 42/48 | €6,283 | €19,080 | +€12,797 | +203.7% |
| Trade debts | 44 | €201 | €750 | +€549 | +273.2% |
| Suppliers | 440/4 | €201 | €750 | +€549 | +273.2% |
| Taxes, remuneration and social security | 45 | €172 | €15,769 | +€15,597 | +9092.9% |
| Taxes | 450/3 | €172 | €11,269 | +€11,097 | +6469.5% |
| Remuneration and social security | 454/9 | - | €4,500 | +€4,500 | |
| Other amounts payable | 47/48 | €5,911 | €2,561 | -€3,349 | -56.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,166 | €111 | -€1,055 | -90.5% |
| Other operating charges | 640/8 | €964 | €996 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€7,586 | €48,452 | +€56,038 | |
| Operating profit (loss) | 9901 | -€9,716 | €47,345 | +€57,061 | |
| Financial charges | 65/66B | €113 | €185 | +€71 | +62.9% |
| Recurring financial charges | 65 | €113 | €185 | +€71 | +62.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,829 | €47,161 | +€56,990 | |
| Income taxes | 67/77 | €140 | €12,508 | +€12,369 | +8865.3% |
| Profit (loss) for the period | 9904 | -€9,969 | €34,652 | +€44,621 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,969 | €34,652 | +€44,621 |
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 3 October 2026 via checked.be.