ADILEM: 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.
ADILEM
Largest movements
- Tangible fixed assets -€4,874
down €4,874 (-28.4%), from €17,178 to €12,304
of which Furniture and vehicles: -€4,378
- Receivables within one year -€2,224
down €2,224 (-54.2%), from €4,105 to €1,881
of which Trade receivables: -€2,487
- Cash -€2,129
down €2,129 (-57.4%), from €3,710 to €1,581
mainly Other debts (-€12,613) and Investment in fixed assets (net) (-€1,645)
- Stocks and contracts -€2,000
down €2,000 (-33.3%), from €6,000 to €4,000
- Deferred charges and accrued income +€1,331
up €1,331 (+220.7%), from €603 to €1,934
- Other debts -€12,613
down €12,613 (-12.8%), from €98,759 to €86,146
- Profit (loss) carried forward +€2,256
up €2,256 (+2.6%), from -€87,946 to -€85,690
- Trade debts +€805
up €805 (+58.5%), from €1,376 to €2,181
- Tax, wage and social debts -€344
down €344 (-42.6%), from €807 to €463
- Gross operating margin +€15,384
up €15,384, from -€4,985 to €10,399
- Financial income -€346
down €346 (-98.3%), from €352 to €6
- Depreciation +€115
up €115 (+1.8%), from €6,404 to €6,519
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 | €31,596 | €21,700 | -€9,896 | -31.3% |
| Fixed assets | 21/28 | €17,178 | €12,304 | -€4,874 | -28.4% |
| Tangible fixed assets | 22/27 | €17,178 | €12,304 | -€4,874 | -28.4% |
| Plant, machinery and equipment | 23 | €6,782 | €6,286 | -€496 | -7.3% |
| Furniture and vehicles | 24 | €10,396 | €6,018 | -€4,378 | -42.1% |
| Current assets | 29/58 | €14,418 | €9,396 | -€5,022 | -34.8% |
| Stocks and contracts in progress | 3 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Stocks | 30/36 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €4,105 | €1,881 | -€2,224 | -54.2% |
| Trade receivables | 40 | €3,138 | €651 | -€2,487 | -79.3% |
| Other amounts receivable | 41 | €967 | €1,230 | +€263 | +27.2% |
| Cash at bank and in hand | 54/58 | €3,710 | €1,581 | -€2,129 | -57.4% |
| Deferred charges and accrued income | 490/1 | €603 | €1,934 | +€1,331 | +220.7% |
| Total equity and liabilities | 10/49 | €31,596 | €21,700 | -€9,896 | -31.3% |
| Equity | 10/15 | -€69,346 | -€67,090 | +€2,256 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,946 | -€85,690 | +€2,256 | +2.6% |
| Amounts payable | 17/49 | €100,942 | €88,790 | -€12,152 | -12.0% |
| Amounts payable within one year | 42/48 | €100,942 | €88,790 | -€12,152 | -12.0% |
| Trade debts | 44 | €1,376 | €2,181 | +€805 | +58.5% |
| Suppliers | 440/4 | €1,376 | €2,181 | +€805 | +58.5% |
| Taxes, remuneration and social security | 45 | €807 | €463 | -€344 | -42.6% |
| Taxes | 450/3 | €807 | €463 | -€344 | -42.6% |
| Other amounts payable | 47/48 | €98,759 | €86,146 | -€12,613 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,404 | €6,519 | +€115 | +1.8% |
| Other operating charges | 640/8 | €1,363 | €1,371 | +€8 | +0.6% |
| Gross operating margin | 9900 | -€4,985 | €10,399 | +€15,384 | |
| Operating profit (loss) | 9901 | -€12,752 | €2,509 | +€15,261 | |
| Financial income | 75/76B | €352 | €6 | -€346 | -98.3% |
| Recurring financial income | 75 | €352 | €6 | -€346 | -98.3% |
| Financial charges | 65/66B | €69 | €70 | +€1 | +1.4% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,469 | €2,445 | +€14,914 | |
| Income taxes | 67/77 | €159 | €189 | +€30 | +18.9% |
| Profit (loss) for the period | 9904 | -€12,628 | €2,256 | +€14,884 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,628 | €2,256 | +€14,884 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.