ADIBOU: 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.
ADIBOU
Largest movements
- Tangible fixed assets -€126,424
down €126,424 (-10.8%), from €1.2m to €1.0m
of which Land and buildings: -€81,127
- Profit (loss) carried forward -€214,586
down €214,586 (-13.0%), from -€1.7m to -€1.9m
- Other debts +€73,074
up €73,074 (+2.5%), from €2.9m to €3.0m
- Trade debts +€20,459
up €20,459 (+89.9%), from €22,762 to €43,221
- Gross operating margin -€11,900
down €11,900 (-29.3%), from -€40,547 to -€52,447
- Staff costs -€4,425
down €4,425 (-13.3%), from €33,151 to €28,726
- Financial charges -€1,360
down €1,360 (-73.3%), from €1,856 to €496
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 | €1,317,253 | €1,198,071 | -€119,182 | -9.0% |
| Fixed assets | 21/28 | €1,169,963 | €1,043,539 | -€126,424 | -10.8% |
| Tangible fixed assets | 22/27 | €1,169,337 | €1,042,914 | -€126,424 | -10.8% |
| Land and buildings | 22 | €1,076,069 | €994,942 | -€81,127 | -7.5% |
| Plant, machinery and equipment | 23 | €4,703 | €3,340 | -€1,364 | -29.0% |
| Furniture and vehicles | 24 | €88,565 | €44,632 | -€43,933 | -49.6% |
| Financial fixed assets | 28 | €626 | €626 | = | 0.0% |
| Current assets | 29/58 | €147,290 | €154,532 | +€7,242 | +4.9% |
| Stocks and contracts in progress | 3 | €120,760 | €120,760 | = | 0.0% |
| Stocks | 30/36 | €120,760 | €120,760 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,070 | €20,759 | -€3,311 | -13.8% |
| Trade receivables | 40 | €20,991 | €20,336 | -€655 | -3.1% |
| Other amounts receivable | 41 | €3,079 | €423 | -€2,656 | -86.3% |
| Cash at bank and in hand | 54/58 | €2,460 | €13,013 | +€10,553 | +428.9% |
| Total equity and liabilities | 10/49 | €1,317,253 | €1,198,071 | -€119,182 | -9.0% |
| Equity | 10/15 | -€1,637,024 | -€1,851,610 | -€214,586 | -13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,655,624 | -€1,870,210 | -€214,586 | -13.0% |
| Amounts payable | 17/49 | €2,954,277 | €3,049,681 | +€95,404 | +3.2% |
| Amounts payable within one year | 42/48 | €2,954,277 | €3,049,681 | +€95,404 | +3.2% |
| Trade debts | 44 | €22,762 | €43,221 | +€20,459 | +89.9% |
| Suppliers | 440/4 | €22,762 | €43,221 | +€20,459 | +89.9% |
| Advances received on contracts in progress | 46 | €182 | €0 | -€182 | -100.0% |
| Taxes, remuneration and social security | 45 | €7,844 | €9,896 | +€2,052 | +26.2% |
| Taxes | 450/3 | €4,684 | €6,825 | +€2,140 | +45.7% |
| Remuneration and social security | 454/9 | €3,160 | €3,072 | -€88 | -2.8% |
| Other amounts payable | 47/48 | €2,923,490 | €2,996,564 | +€73,074 | +2.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €33,151 | €28,726 | -€4,425 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,617 | €130,781 | +€164 | +0.1% |
| Other operating charges | 640/8 | €1,828 | €2,135 | +€307 | +16.8% |
| Gross operating margin | 9900 | -€40,547 | -€52,447 | -€11,900 | -29.3% |
| Operating profit (loss) | 9901 | -€206,144 | -€214,090 | -€7,946 | -3.9% |
| Financial charges | 65/66B | €1,856 | €496 | -€1,360 | -73.3% |
| Recurring financial charges | 65 | €1,856 | €496 | -€1,360 | -73.3% |
| Profit (loss) for the period before taxes | 9903 | -€208,000 | -€214,586 | -€6,586 | -3.2% |
| Profit (loss) for the period | 9904 | -€208,000 | -€214,586 | -€6,586 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€208,000 | -€214,586 | -€6,586 | -3.2% |
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.