ADIMO: 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.
ADIMO
Largest movements
- Receivables within one year +€55,406
up €55,406 (+216.9%), from €25,544 to €80,950
of which Trade receivables: +€37,122
- Current investments -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Cash -€10,691
down €10,691 (-8.1%), from €132,634 to €121,943
mainly Receivables within one year (-€55,406) and Tax, wage and social debts (-€7,032)
- Tangible fixed assets -€2,907
down €2,907 (-13.3%), from €21,917 to €19,010
of which Other tangible fixed assets: -€3,257
- Trade debts +€12,080
up €12,080 (+423.9%), from €2,850 to €14,930
- Profit (loss) carried forward +€11,511
up €11,511 (+6.8%), from €169,308 to €180,819
- Tax, wage and social debts -€7,032
down €7,032 (-54.9%), from €12,812 to €5,781
- Gross operating margin +€48,076
up €48,076, from -€31,724 to €16,352
- Write-downs +€37,904
up €37,904, from -€37,904 to €0
- Other operating charges -€37,315
down €37,315 (-95.6%), from €39,031 to €1,716
- Financial charges -€3,768
down €3,768 (-88.5%), from €4,259 to €491
of which Non-recurring financial charges: -€2,761
- Financial income +€789
up €789 (+84.8%), from €930 to €1,720
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 | €205,430 | €221,989 | +€16,559 | +8.1% |
| Fixed assets | 21/28 | €21,917 | €19,010 | -€2,907 | -13.3% |
| Tangible fixed assets | 22/27 | €21,917 | €19,010 | -€2,907 | -13.3% |
| Furniture and vehicles | 24 | €4,003 | €4,354 | +€350 | +8.7% |
| Other tangible fixed assets | 26 | €17,914 | €14,657 | -€3,257 | -18.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €183,513 | €202,979 | +€19,466 | +10.6% |
| Amounts receivable within one year | 40/41 | €25,544 | €80,950 | +€55,406 | +216.9% |
| Trade receivables | 40 | €766 | €37,888 | +€37,122 | +4846.6% |
| Other amounts receivable | 41 | €24,778 | €43,063 | +€18,284 | +73.8% |
| Current investments | 50/53 | €25,000 | €0 | -€25,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €132,634 | €121,943 | -€10,691 | -8.1% |
| Deferred charges and accrued income | 490/1 | €335 | €85 | -€249 | -74.5% |
| Total equity and liabilities | 10/49 | €205,430 | €221,989 | +€16,559 | +8.1% |
| Equity | 10/15 | €189,768 | €201,279 | +€11,511 | +6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €169,308 | €180,819 | +€11,511 | +6.8% |
| Amounts payable | 17/49 | €15,662 | €20,711 | +€5,048 | +32.2% |
| Amounts payable within one year | 42/48 | €15,662 | €20,711 | +€5,048 | +32.2% |
| Trade debts | 44 | €2,850 | €14,930 | +€12,080 | +423.9% |
| Suppliers | 440/4 | €2,850 | €14,930 | +€12,080 | +423.9% |
| Taxes, remuneration and social security | 45 | €12,812 | €5,781 | -€7,032 | -54.9% |
| Taxes | 450/3 | €12,812 | €5,781 | -€7,032 | -54.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,378 | €4,167 | -€210 | -4.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€37,904 | €0 | +€37,904 | |
| Other operating charges | 640/8 | €39,031 | €1,716 | -€37,315 | -95.6% |
| Gross operating margin | 9900 | -€31,724 | €16,352 | +€48,076 | |
| Operating profit (loss) | 9901 | -€37,229 | €10,468 | +€47,697 | |
| Financial income | 75/76B | €930 | €1,720 | +€789 | +84.8% |
| Recurring financial income | 75 | €930 | €1,720 | +€789 | +84.8% |
| Financial charges | 65/66B | €4,259 | €491 | -€3,768 | -88.5% |
| Recurring financial charges | 65 | €1,498 | €491 | -€1,007 | -67.2% |
| Non-recurring financial charges | 66B | €2,761 | €0 | -€2,761 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€40,558 | €11,697 | +€52,254 | |
| Income taxes | 67/77 | €176 | €186 | +€10 | +5.8% |
| Profit (loss) for the period | 9904 | -€40,734 | €11,511 | +€52,244 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,734 | €11,511 | +€52,244 |
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 29 September 2026 via checked.be.