ADILEA: 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.
ADILEA
Largest movements
- Receivables within one year +€51,466
up €51,466 (+15.9%), from €324,645 to €376,111
of which Trade receivables: +€52,577
- Intangible fixed assets -€33,378
down €33,378 (-29.5%), from €113,106 to €79,728
- Tangible fixed assets -€9,517
down €9,517 (-90.7%), from €10,495 to €978
- Reserves +€33,823
up €33,823 (+8.3%), from €407,958 to €441,781
of which Distributable reserves: +€33,823
- Tax, wage and social debts -€8,228
down €8,228 (-18.5%), from €44,526 to €36,298
- Current portion of long-term debt -€6,311
no longer reported in 2025 (was €6,311)
- Trade debts -€6,196
down €6,196 (-77.5%), from €7,991 to €1,795
- Taxes -€14,838
down €14,838 (-42.9%), from €34,566 to €19,728
- Depreciation +€14,447
up €14,447 (+49.0%), from €29,511 to €43,958
- Gross operating margin -€6,103
down €6,103 (-6.7%), from €90,674 to €84,570
- Financial income +€3,544
up €3,544 (+26.0%), from €13,633 to €17,177
- Other operating charges +€1,596
up €1,596 (+154.4%), from €1,034 to €2,630
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 | €482,514 | €495,602 | +€13,088 | +2.7% |
| Fixed assets | 21/28 | €123,601 | €80,706 | -€42,895 | -34.7% |
| Intangible fixed assets | 21 | €113,106 | €79,728 | -€33,378 | -29.5% |
| Tangible fixed assets | 22/27 | €10,495 | €978 | -€9,517 | -90.7% |
| Furniture and vehicles | 24 | €10,495 | €978 | -€9,517 | -90.7% |
| Current assets | 29/58 | €358,913 | €414,896 | +€55,982 | +15.6% |
| Amounts receivable within one year | 40/41 | €324,645 | €376,111 | +€51,466 | +15.9% |
| Trade receivables | 40 | €37,026 | €89,603 | +€52,577 | +142.0% |
| Other amounts receivable | 41 | €287,619 | €286,508 | -€1,111 | -0.4% |
| Current investments | 50/53 | €27,000 | €27,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,751 | €11,386 | +€4,635 | +68.7% |
| Deferred charges and accrued income | 490/1 | €518 | €399 | -€119 | -22.9% |
| Total equity and liabilities | 10/49 | €482,514 | €495,602 | +€13,088 | +2.7% |
| Equity | 10/15 | €423,686 | €457,509 | +€33,823 | +8.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €407,958 | €441,781 | +€33,823 | +8.3% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €401,958 | €435,781 | +€33,823 | +8.4% |
| Profit (loss) carried forward | 14 | €728 | €728 | = | 0.0% |
| Amounts payable | 17/49 | €58,829 | €38,093 | -€20,736 | -35.2% |
| Amounts payable within one year | 42/48 | €58,829 | €38,093 | -€20,736 | -35.2% |
| Current portion of amounts payable after more than one year | 42 | €6,311 | - | -€6,311 | |
| Trade debts | 44 | €7,991 | €1,795 | -€6,196 | -77.5% |
| Suppliers | 440/4 | €7,991 | €1,795 | -€6,196 | -77.5% |
| Taxes, remuneration and social security | 45 | €44,526 | €36,298 | -€8,228 | -18.5% |
| Taxes | 450/3 | €44,526 | €36,298 | -€8,228 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,511 | €43,958 | +€14,447 | +49.0% |
| Other operating charges | 640/8 | €1,034 | €2,630 | +€1,596 | +154.4% |
| Gross operating margin | 9900 | €90,674 | €84,570 | -€6,103 | -6.7% |
| Operating profit (loss) | 9901 | €60,129 | €37,983 | -€22,146 | -36.8% |
| Financial income | 75/76B | €13,633 | €17,177 | +€3,544 | +26.0% |
| Recurring financial income | 75 | €13,633 | €17,177 | +€3,544 | +26.0% |
| Financial charges | 65/66B | €1,797 | €1,608 | -€189 | -10.5% |
| Recurring financial charges | 65 | €1,797 | €1,608 | -€189 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €71,965 | €53,552 | -€18,414 | -25.6% |
| Income taxes | 67/77 | €34,566 | €19,728 | -€14,838 | -42.9% |
| Profit (loss) for the period | 9904 | €37,399 | €33,823 | -€3,576 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,399 | €33,823 | -€3,576 | -9.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.