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ADIMA: 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.

What changed

ADIMA

BE 0424.857.228
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,332
2024 · €15,304-€5,973
Equity
€147,773
2024 · €138,441+€9,332
Cash
€4,037
2024 · €1,754+€2,284
Balance sheet total
€349,056
2024 · €372,738-€23,682

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€25,074

    down €25,074 (-6.8%), from €368,289 to €343,215

    of which Land and buildings: -€20,501

Equity and liabilities
  • Debts after one year -€17,884

    down €17,884 (-10.2%), from €175,024 to €157,139

  • Current portion of long-term debt -€11,153

    down €11,153 (-39.3%), from €28,387 to €17,234

  • Other debts -€10,018

    down €10,018 (-43.3%), from €23,139 to €13,121

  • Reserves +€9,332

    up €9,332 (+12.2%), from €76,441 to €85,773

    of which Distributable reserves: +€9,332

  • Tax, wage and social debts +€3,967

    up €3,967, from €0 to €3,967

Income statement
  • Gross operating margin -€6,332

    down €6,332 (-10.4%), from €60,732 to €54,400

  • Financial charges +€1,375

    up €1,375 (+17.1%), from €8,022 to €9,397

  • Taxes -€1,266

    down €1,266 (-24.2%), from €5,233 to €3,967

  • Depreciation -€1,001

    down €1,001 (-3.8%), from €26,075 to €25,074

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €15,304
Gross operating margin -€6,332
Depreciation +€1,001
Other operating charges -€533
Financial charges -€1,375
Taxes +€1,266
Result 2025 €9,332

Cash bridge derived

cash 2024 to 2025

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.

From operations +€31,321
Investment €0
Financing -€29,037
Cash 2024 €1,754
Net result for the year +€9,332
Depreciation +€25,074
Receivables within one year +€767
Deferred charges and accrued income +€124
Trade debts +€907
Tax, wage and social debts +€3,967
Other debts -€10,018
Accrued charges and deferred income +€1,167
Debts after one year -€17,884
Current portion of long-term debt -€11,153
Cash 2025 €4,037
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €372,738 €349,056 -€23,682 -6.4%
Fixed assets 21/28 €368,539 €343,465 -€25,074 -6.8%
Tangible fixed assets 22/27 €368,289 €343,215 -€25,074 -6.8%
Land and buildings 22 €350,998 €330,497 -€20,501 -5.8%
Plant, machinery and equipment 23 €12,042 €9,369 -€2,673 -22.2%
Furniture and vehicles 24 €5,249 €3,349 -€1,900 -36.2%
Financial fixed assets 28 €250 €250 = 0.0%
Current assets 29/58 €4,199 €5,591 +€1,392 +33.2%
Amounts receivable within one year 40/41 €767 €0 -€767 -100.0%
Other amounts receivable 41 €767 €0 -€767 -100.0%
Cash at bank and in hand 54/58 €1,754 €4,037 +€2,284 +130.2%
Deferred charges and accrued income 490/1 €1,678 €1,554 -€124 -7.4%
Total equity and liabilities 10/49 €372,738 €349,056 -€23,682 -6.4%
Equity 10/15 €138,441 €147,773 +€9,332 +6.7%
Contributions 10/11 €62,000 €62,000 = 0.0%
Capital 10 €62,000 €62,000 = 0.0%
Issued capital 100 €62,000 €62,000 = 0.0%
Reserves 13 €76,441 €85,773 +€9,332 +12.2%
Non-distributable reserves 130/1 €6,200 €6,200 = 0.0%
Legal reserve 130 €6,200 €6,200 = 0.0%
Distributable reserves 133 €70,241 €79,573 +€9,332 +13.3%
Profit (loss) carried forward 14 €0 - =
Amounts payable 17/49 €234,297 €201,283 -€33,014 -14.1%
Amounts payable after more than one year 17 €175,024 €157,139 -€17,884 -10.2%
Financial debts 170/4 €175,024 €157,139 -€17,884 -10.2%
Amounts payable within one year 42/48 €58,201 €41,905 -€16,297 -28.0%
Current portion of amounts payable after more than one year 42 €28,387 €17,234 -€11,153 -39.3%
Trade debts 44 €6,675 €7,582 +€907 +13.6%
Suppliers 440/4 €6,675 €7,582 +€907 +13.6%
Taxes, remuneration and social security 45 €0 €3,967 +€3,967
Taxes 450/3 €0 €3,967 +€3,967
Other amounts payable 47/48 €23,139 €13,121 -€10,018 -43.3%
Accrued charges and deferred income 492/3 €1,072 €2,240 +€1,167 +108.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €26,075 €25,074 -€1,001 -3.8%
Other operating charges 640/8 €6,097 €6,630 +€533 +8.7%
Gross operating margin 9900 €60,732 €54,400 -€6,332 -10.4%
Operating profit (loss) 9901 €28,560 €22,696 -€5,864 -20.5%
Financial charges 65/66B €8,022 €9,397 +€1,375 +17.1%
Recurring financial charges 65 €8,022 €9,397 +€1,375 +17.1%
Profit (loss) for the period before taxes 9903 €20,538 €13,299 -€7,238 -35.2%
Income taxes 67/77 €5,233 €3,967 -€1,266 -24.2%
Profit (loss) for the period 9904 €15,304 €9,332 -€5,973 -39.0%
Profit (loss) for the period to be appropriated 9905 €15,304 €9,332 -€5,973 -39.0%

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 29 September 2026 via checked.be.