Adie: 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.
Adie
Largest movements
- Receivables within one year -€33,547
down €33,547 (-93.1%), from €36,046 to €2,499
of which Other amounts receivable: -€29,227
- Tangible fixed assets -€24,016
down €24,016 (-5.6%), from €429,709 to €405,693
of which Furniture and vehicles: -€43,353
- Cash +€9,503
up €9,503 (+187.0%), from €5,083 to €14,586
mainly Receivables within one year (+€33,547) and Investment in fixed assets (net) (+€13,059)
- Debts after one year -€27,831
down €27,831 (-10.8%), from €258,830 to €230,999
- Reserves -€15,316
down €15,316 (-14.2%), from €107,540 to €92,224
- Tax, wage and social debts -€6,174
down €6,174 (-95.6%), from €6,457 to €283
of which Remuneration and social security: -€4,000
- Gross operating margin -€63,737
down €63,737 (-97.7%), from €65,244 to €1,507
- Depreciation -€20,459
down €20,459 (-65.1%), from €31,417 to €10,957
- Other operating charges -€14,364
down €14,364 (-90.2%), from €15,916 to €1,552
- Taxes -€1,313
down €1,313, from €1,272 to -€40
- Financial charges -€974
down €974 (-18.3%), from €5,328 to €4,354
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 | €471,831 | €422,852 | -€48,979 | -10.4% |
| Fixed assets | 21/28 | €429,709 | €405,693 | -€24,016 | -5.6% |
| Tangible fixed assets | 22/27 | €429,709 | €405,693 | -€24,016 | -5.6% |
| Land and buildings | 22 | €381,126 | €403,129 | +€22,003 | +5.8% |
| Plant, machinery and equipment | 23 | €5,230 | €2,564 | -€2,666 | -51.0% |
| Furniture and vehicles | 24 | €43,353 | €0 | -€43,353 | -100.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €42,122 | €17,159 | -€24,963 | -59.3% |
| Amounts receivable within one year | 40/41 | €36,046 | €2,499 | -€33,547 | -93.1% |
| Trade receivables | 40 | €6,795 | €2,475 | -€4,320 | -63.6% |
| Other amounts receivable | 41 | €29,251 | €24 | -€29,227 | -99.9% |
| Cash at bank and in hand | 54/58 | €5,083 | €14,586 | +€9,503 | +187.0% |
| Deferred charges and accrued income | 490/1 | €994 | €74 | -€920 | -92.5% |
| Total equity and liabilities | 10/49 | €471,831 | €422,852 | -€48,979 | -10.4% |
| Equity | 10/15 | €127,540 | €112,224 | -€15,316 | -12.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €107,540 | €92,224 | -€15,316 | -14.2% |
| Distributable reserves | 133 | €107,540 | €92,224 | -€15,316 | -14.2% |
| Amounts payable | 17/49 | €344,291 | €310,628 | -€33,663 | -9.8% |
| Amounts payable after more than one year | 17 | €258,830 | €230,999 | -€27,831 | -10.8% |
| Financial debts | 170/4 | €258,830 | €230,999 | -€27,831 | -10.8% |
| Amounts payable within one year | 42/48 | €85,461 | €78,408 | -€7,053 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €27,249 | €27,831 | +€581 | +2.1% |
| Trade debts | 44 | €4,808 | €3,406 | -€1,401 | -29.1% |
| Suppliers | 440/4 | €4,808 | €3,406 | -€1,401 | -29.1% |
| Taxes, remuneration and social security | 45 | €6,457 | €283 | -€6,174 | -95.6% |
| Taxes | 450/3 | €2,457 | €283 | -€2,174 | -88.5% |
| Remuneration and social security | 454/9 | €4,000 | €0 | -€4,000 | -100.0% |
| Other amounts payable | 47/48 | €46,947 | €46,888 | -€59 | -0.1% |
| Accrued charges and deferred income | 492/3 | - | €1,221 | +€1,221 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,417 | €10,957 | -€20,459 | -65.1% |
| Other operating charges | 640/8 | €15,916 | €1,552 | -€14,364 | -90.2% |
| Gross operating margin | 9900 | €65,244 | €1,507 | -€63,737 | -97.7% |
| Operating profit (loss) | 9901 | €17,911 | -€11,002 | -€28,913 | |
| Financial charges | 65/66B | €5,328 | €4,354 | -€974 | -18.3% |
| Recurring financial charges | 65 | €5,328 | €4,354 | -€974 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €12,583 | -€15,357 | -€27,939 | |
| Income taxes | 67/77 | €1,272 | -€40 | -€1,313 | |
| Profit (loss) for the period | 9904 | €11,311 | -€15,316 | -€26,627 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,311 | -€15,316 | -€26,627 |
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 11 October 2026 via checked.be.