ADICT: 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.
ADICT
Largest movements
- Tangible fixed assets -€19,476
down €19,476 (-4.4%), from €440,601 to €421,124
of which Land and buildings: -€18,591
- Receivables within one year +€5,501
up €5,501 (+41.8%), from €13,172 to €18,673
of which Trade receivables: +€5,192
- Debts after one year -€28,896
down €28,896 (-18.0%), from €160,659 to €131,763
- Reserves +€17,319
up €17,319 (+12.0%), from €144,490 to €161,808
of which Distributable reserves: +€17,319
- Current portion of long-term debt -€7,500
down €7,500 (-20.6%), from €36,396 to €28,896
- Short-term financial debts +€7,500
new in 2025: €7,500
- Trade debts -€4,993
down €4,993 (-59.1%), from €8,445 to €3,452
- Financial charges -€3,316
down €3,316 (-29.6%), from €11,191 to €7,874
- Gross operating margin +€2,015
up €2,015 (+3.9%), from €51,161 to €53,176
- Taxes +€1,557
up €1,557 (+27.4%), from €5,687 to €7,244
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 | €457,285 | €440,635 | -€16,651 | -3.6% |
| Fixed assets | 21/28 | €440,601 | €421,124 | -€19,476 | -4.4% |
| Tangible fixed assets | 22/27 | €440,601 | €421,124 | -€19,476 | -4.4% |
| Land and buildings | 22 | €437,841 | €419,250 | -€18,591 | -4.2% |
| Furniture and vehicles | 24 | €2,760 | €1,874 | -€886 | -32.1% |
| Current assets | 29/58 | €16,684 | €19,510 | +€2,826 | +16.9% |
| Amounts receivable within one year | 40/41 | €13,172 | €18,673 | +€5,501 | +41.8% |
| Trade receivables | 40 | €11,358 | €16,550 | +€5,192 | +45.7% |
| Other amounts receivable | 41 | €1,813 | €2,122 | +€309 | +17.0% |
| Cash at bank and in hand | 54/58 | €41 | €32 | -€10 | -22.9% |
| Deferred charges and accrued income | 490/1 | €3,471 | €806 | -€2,666 | -76.8% |
| Total equity and liabilities | 10/49 | €457,285 | €440,635 | -€16,651 | -3.6% |
| Equity | 10/15 | €164,490 | €181,808 | +€17,319 | +10.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €144,490 | €161,808 | +€17,319 | +12.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €142,490 | €159,808 | +€17,319 | +12.2% |
| Amounts payable | 17/49 | €292,796 | €258,826 | -€33,969 | -11.6% |
| Amounts payable after more than one year | 17 | €160,659 | €131,763 | -€28,896 | -18.0% |
| Financial debts | 170/4 | €160,659 | €131,763 | -€28,896 | -18.0% |
| Amounts payable within one year | 42/48 | €130,312 | €125,072 | -€5,240 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €36,396 | €28,896 | -€7,500 | -20.6% |
| Financial debts | 43 | - | €7,500 | +€7,500 | |
| Credit institutions | 430/8 | - | €7,500 | +€7,500 | |
| Trade debts | 44 | €8,445 | €3,452 | -€4,993 | -59.1% |
| Suppliers | 440/4 | €8,445 | €3,452 | -€4,993 | -59.1% |
| Taxes, remuneration and social security | 45 | €5,191 | €3,893 | -€1,298 | -25.0% |
| Taxes | 450/3 | €3,578 | €3,893 | +€315 | +8.8% |
| Remuneration and social security | 454/9 | €1,613 | - | -€1,613 | |
| Other amounts payable | 47/48 | €80,280 | €81,331 | +€1,051 | +1.3% |
| Accrued charges and deferred income | 492/3 | €1,825 | €1,991 | +€166 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,466 | €19,476 | +€11 | +0.1% |
| Other operating charges | 640/8 | €1,455 | €1,263 | -€192 | -13.2% |
| Gross operating margin | 9900 | €51,161 | €53,176 | +€2,015 | +3.9% |
| Operating profit (loss) | 9901 | €30,240 | €32,437 | +€2,197 | +7.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €11,191 | €7,874 | -€3,316 | -29.6% |
| Recurring financial charges | 65 | €11,191 | €7,874 | -€3,316 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €19,049 | €24,562 | +€5,513 | +28.9% |
| Income taxes | 67/77 | €5,687 | €7,244 | +€1,557 | +27.4% |
| Profit (loss) for the period | 9904 | €13,363 | €17,319 | +€3,956 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,363 | €17,319 | +€3,956 | +29.6% |
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 2 October 2026 via checked.be.