ADIP-GURUNG: 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.
ADIP-GURUNG
Largest movements
- Receivables within one year -€2,428
down €2,428 (-16.3%), from €14,932 to €12,504
of which Other amounts receivable: -€4,453
- Deferred charges and accrued income +€2,107
up €2,107 (+1,603%), from €131 to €2,238
- Tangible fixed assets -€1,399
down €1,399 (-81.0%), from €1,728 to €328
of which Plant, machinery and equipment: -€892
- Cash +€731
up €731 (+14.8%), from €4,939 to €5,670
mainly Tax, wage and social debts (+€11,136) and Receivables within one year (+€2,428)
- Stocks and contracts +€500
up €500 (+10.0%), from €5,000 to €5,500
- Reserves -€25,000
down €25,000 (-93.1%), from €26,860 to €1,860
of which Distributable reserves: -€25,000
- Tax, wage and social debts +€11,136
up €11,136 (+214%), from €5,200 to €16,336
of which Remuneration and social security: +€12,898
- Profit (loss) carried forward +€9,918
up €9,918 (+71.5%), from -€13,879 to -€3,961
- Trade debts +€2,099
up €2,099 (+14.2%), from €14,788 to €16,887
- Other debts +€1,879
up €1,879 (+92.1%), from €2,040 to €3,918
- Gross operating margin -€32,436
down €32,436 (-44.5%), from €72,811 to €40,374
- Financial income +€1,776
up €1,776 (+162%), from €1,094 to €2,870
of which Non-recurring financial income: +€2,025
- Staff costs -€1,742
down €1,742 (-3.1%), from €56,412 to €54,671
- Other operating charges +€1,076
up €1,076 (+126%), from €857 to €1,933
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.
Derived cash bridge
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 | €41,730 | €41,240 | -€490 | -1.2% |
| Fixed assets | 21/28 | €1,728 | €328 | -€1,399 | -81.0% |
| Tangible fixed assets | 22/27 | €1,728 | €328 | -€1,399 | -81.0% |
| Plant, machinery and equipment | 23 | €911 | €19 | -€892 | -97.9% |
| Furniture and vehicles | 24 | €178 | - | -€178 | |
| Other tangible fixed assets | 26 | €639 | €309 | -€330 | -51.6% |
| Current assets | 29/58 | €40,002 | €40,912 | +€909 | +2.3% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €5,000 | €5,500 | +€500 | +10.0% |
| Stocks | 30/36 | €5,000 | €5,500 | +€500 | +10.0% |
| Amounts receivable within one year | 40/41 | €14,932 | €12,504 | -€2,428 | -16.3% |
| Trade receivables | 40 | €6,667 | €8,692 | +€2,025 | +30.4% |
| Other amounts receivable | 41 | €8,265 | €3,812 | -€4,453 | -53.9% |
| Cash at bank and in hand | 54/58 | €4,939 | €5,670 | +€731 | +14.8% |
| Deferred charges and accrued income | 490/1 | €131 | €2,238 | +€2,107 | +1,603% |
| Total equity and liabilities | 10/49 | €41,730 | €41,240 | -€490 | -1.2% |
| Equity | 10/15 | €19,181 | €4,099 | -€15,082 | -78.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,860 | €1,860 | -€25,000 | -93.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | - | -€25,000 | |
| Profit (loss) carried forward | 14 | -€13,879 | -€3,961 | +€9,918 | +71.5% |
| Amounts payable | 17/49 | €22,548 | €37,141 | +€14,592 | +64.7% |
| Amounts payable within one year | 42/48 | €22,028 | €37,141 | +€15,113 | +68.6% |
| Trade debts | 44 | €14,788 | €16,887 | +€2,099 | +14.2% |
| Suppliers | 440/4 | €14,788 | €16,887 | +€2,099 | +14.2% |
| Taxes, remuneration and social security | 45 | €5,200 | €16,336 | +€11,136 | +214% |
| Taxes | 450/3 | €1,950 | €189 | -€1,762 | -90.3% |
| Remuneration and social security | 454/9 | €3,249 | €16,147 | +€12,898 | +397% |
| Other amounts payable | 47/48 | €2,040 | €3,918 | +€1,879 | +92.1% |
| Accrued charges and deferred income | 492/3 | €521 | - | -€521 | |
| Remuneration, social security and pensions | 62 | €56,412 | €54,671 | -€1,742 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,692 | €1,399 | -€293 | -17.3% |
| Other operating charges | 640/8 | €857 | €1,933 | +€1,076 | +126% |
| Gross operating margin | 9900 | €72,811 | €40,374 | -€32,436 | -44.5% |
| Operating profit (loss) | 9901 | €13,849 | -€17,629 | -€31,478 | |
| Financial income | 75/76B | €1,094 | €2,870 | +€1,776 | +162% |
| Recurring financial income | 75 | €1,094 | €845 | -€249 | -22.8% |
| Non-recurring financial income | 76B | - | €2,025 | +€2,025 | |
| Financial charges | 65/66B | €771 | €323 | -€448 | -58.1% |
| Recurring financial charges | 65 | €771 | €323 | -€448 | -58.1% |
| Profit (loss) for the period before taxes | 9903 | €14,172 | -€15,082 | -€29,254 | |
| Profit (loss) for the period | 9904 | €14,172 | -€15,082 | -€29,254 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,172 | -€15,082 | -€29,254 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.