ADIERI: 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.
ADIERI
Largest movements
- Receivables within one year +€27,119
up €27,119 (+2350.6%), from €1,154 to €28,273
of which Other amounts receivable: +€16,658
- Cash -€1,740
down €1,740 (-52.1%), from €3,339 to €1,599
mainly Receivables within one year (-€27,119) and Other debts (-€6,508)
- Deferred charges and accrued income -€1,247
down €1,247 (-90.9%), from €1,372 to €125
- Stocks and contracts -€850
down €850 (-46.1%), from €1,846 to €995
- Tangible fixed assets +€585
up €585 (+68.9%), from €850 to €1,435
- Profit (loss) carried forward +€23,648
up €23,648, from -€5,149 to €18,499
- Tax, wage and social debts +€7,660
up €7,660 (+911.6%), from €840 to €8,500
- Other debts -€6,508
no longer reported in 2025 (was €6,508)
- Trade debts -€932
no longer reported in 2025 (was €932)
- Gross operating margin +€24,141
up €24,141 (+239.3%), from €10,087 to €34,228
- Taxes +€8,368
up €8,368 (+6362.9%), from €132 to €8,500
- Depreciation -€1,764
down €1,764 (-65.2%), from €2,704 to €940
- Other operating charges -€1,110
down €1,110 (-53.7%), from €2,065 to €955
- Financial charges -€526
down €526 (-93.8%), from €561 to €35
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 | €14,560 | €38,428 | +€23,868 | +163.9% |
| Fixed assets | 21/28 | €6,850 | €7,435 | +€585 | +8.5% |
| Tangible fixed assets | 22/27 | €850 | €1,435 | +€585 | +68.9% |
| Furniture and vehicles | 24 | €850 | €1,435 | +€585 | +68.9% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €7,710 | €30,993 | +€23,283 | +302.0% |
| Stocks and contracts in progress | 3 | €1,846 | €995 | -€850 | -46.1% |
| Stocks | 30/36 | €1,846 | €995 | -€850 | -46.1% |
| Amounts receivable within one year | 40/41 | €1,154 | €28,273 | +€27,119 | +2350.6% |
| Trade receivables | 40 | €422 | €10,883 | +€10,462 | +2482.0% |
| Other amounts receivable | 41 | €732 | €17,390 | +€16,658 | +2275.0% |
| Cash at bank and in hand | 54/58 | €3,339 | €1,599 | -€1,740 | -52.1% |
| Deferred charges and accrued income | 490/1 | €1,372 | €125 | -€1,247 | -90.9% |
| Total equity and liabilities | 10/49 | €14,560 | €38,428 | +€23,868 | +163.9% |
| Equity | 10/15 | €4,851 | €28,499 | +€23,648 | +487.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,149 | €18,499 | +€23,648 | |
| Amounts payable | 17/49 | €9,709 | €9,929 | +€220 | +2.3% |
| Amounts payable within one year | 42/48 | €8,280 | €8,500 | +€220 | +2.7% |
| Trade debts | 44 | €932 | - | -€932 | |
| Suppliers | 440/4 | €932 | - | -€932 | |
| Taxes, remuneration and social security | 45 | €840 | €8,500 | +€7,660 | +911.6% |
| Taxes | 450/3 | €840 | €8,500 | +€7,660 | +911.6% |
| Other amounts payable | 47/48 | €6,508 | - | -€6,508 | |
| Accrued charges and deferred income | 492/3 | €1,429 | €1,429 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €93 | €150 | +€58 | +62.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,704 | €940 | -€1,764 | -65.2% |
| Other operating charges | 640/8 | €2,065 | €955 | -€1,110 | -53.7% |
| Gross operating margin | 9900 | €10,087 | €34,228 | +€24,141 | +239.3% |
| Operating profit (loss) | 9901 | €5,226 | €32,183 | +€26,957 | +515.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €561 | €35 | -€526 | -93.8% |
| Recurring financial charges | 65 | €561 | €35 | -€526 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | €4,665 | €32,148 | +€27,483 | +589.1% |
| Income taxes | 67/77 | €132 | €8,500 | +€8,368 | +6362.9% |
| Profit (loss) for the period | 9904 | €4,534 | €23,648 | +€19,114 | +421.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,534 | €23,648 | +€19,114 | +421.6% |
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 30 September 2026 via checked.be.