ADIP: 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.
ADIP
Largest movements
- Cash +€14,612
up €14,612 (+22.6%), from €64,644 to €79,256
mainly Depreciation (+€12,222) and Net result for the year (+€10,332)
- Tangible fixed assets -€7,247
down €7,247 (-28.7%), from €25,267 to €18,020
of which Furniture and vehicles: -€8,421
- Profit (loss) carried forward +€10,332
up €10,332 (+18.6%), from €55,597 to €65,929
- Debts after one year -€7,387
no longer reported in 2025 (was €7,387)
- Trade debts +€5,179
up €5,179 (+67.7%), from €7,653 to €12,832
- Short-term financial debts -€3,396
down €3,396 (-31.5%), from €10,783 to €7,387
- Tax, wage and social debts +€2,045
up €2,045 (+40.6%), from €5,041 to €7,085
of which Remuneration and social security: +€1,823
- Gross operating margin +€22,170
up €22,170 (+14.4%), from €154,008 to €176,179
- Staff costs +€19,064
up €19,064 (+14.8%), from €128,637 to €147,701
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 | €97,460 | €104,233 | +€6,773 | +6.9% |
| Fixed assets | 21/28 | €29,167 | €21,920 | -€7,247 | -24.8% |
| Tangible fixed assets | 22/27 | €25,267 | €18,020 | -€7,247 | -28.7% |
| Plant, machinery and equipment | 23 | €3,118 | €4,292 | +€1,174 | +37.7% |
| Furniture and vehicles | 24 | €22,150 | €13,728 | -€8,421 | -38.0% |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €68,292 | €82,313 | +€14,021 | +20.5% |
| Stocks and contracts in progress | 3 | €3,648 | €3,057 | -€591 | -16.2% |
| Stocks | 30/36 | €3,648 | €3,057 | -€591 | -16.2% |
| Cash at bank and in hand | 54/58 | €64,644 | €79,256 | +€14,612 | +22.6% |
| Total equity and liabilities | 10/49 | €97,460 | €104,233 | +€6,773 | +6.9% |
| Equity | 10/15 | €66,597 | €76,929 | +€10,332 | +15.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,597 | €65,929 | +€10,332 | +18.6% |
| Amounts payable | 17/49 | €30,863 | €27,304 | -€3,559 | -11.5% |
| Amounts payable after more than one year | 17 | €7,387 | - | -€7,387 | |
| Financial debts | 170/4 | €7,387 | - | -€7,387 | |
| Amounts payable within one year | 42/48 | €23,476 | €27,304 | +€3,828 | +16.3% |
| Financial debts | 43 | €10,783 | €7,387 | -€3,396 | -31.5% |
| Credit institutions | 430/8 | €10,783 | €7,387 | -€3,396 | -31.5% |
| Trade debts | 44 | €7,653 | €12,832 | +€5,179 | +67.7% |
| Suppliers | 440/4 | €7,653 | €12,832 | +€5,179 | +67.7% |
| Taxes, remuneration and social security | 45 | €5,041 | €7,085 | +€2,045 | +40.6% |
| Taxes | 450/3 | €4,660 | €4,881 | +€222 | +4.8% |
| Remuneration and social security | 454/9 | €381 | €2,204 | +€1,823 | +478.7% |
| Remuneration, social security and pensions | 62 | €128,637 | €147,701 | +€19,064 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,946 | €12,222 | +€276 | +2.3% |
| Other operating charges | 640/8 | €1,212 | €601 | -€612 | -50.5% |
| Non-recurring operating charges | 66A | - | €121 | +€121 | |
| Gross operating margin | 9900 | €154,008 | €176,179 | +€22,170 | +14.4% |
| Operating profit (loss) | 9901 | €12,213 | €15,533 | +€3,321 | +27.2% |
| Financial charges | 65/66B | €1,542 | €2,132 | +€589 | +38.2% |
| Recurring financial charges | 65 | €1,542 | €2,132 | +€589 | +38.2% |
| Profit (loss) for the period before taxes | 9903 | €10,670 | €13,402 | +€2,731 | +25.6% |
| Income taxes | 67/77 | €2,603 | €3,069 | +€466 | +17.9% |
| Profit (loss) for the period | 9904 | €8,067 | €10,332 | +€2,265 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,067 | €10,332 | +€2,265 | +28.1% |
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.