ADIS: 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.
ADIS
Largest movements
- Cash -€10,170
down €10,170 (-24.4%), from €41,719 to €31,550
mainly Net result for the year (-€11,331) and Trade debts (-€928)
- Stocks and contracts -€1,651
down €1,651 (-20.0%), from €8,245 to €6,593
- Receivables within one year -€1,098
down €1,098 (-46.2%), from €2,377 to €1,279
of which Trade receivables: -€671
- Profit (loss) carried forward -€11,331
down €11,331, from €1,213 to -€10,118
- Trade debts -€928
down €928 (-60.8%), from €1,527 to €599
- Other debts -€580
down €580 (-64.4%), from €900 to €320
- Write-downs -€6,605
down €6,605 (-80.0%), from €8,257 to €1,651
- Gross operating margin -€1,978
down €1,978 (-27.3%), from -€7,246 to -€9,224
- Staff costs -€552
down €552 (-94.7%), from €583 to €31
- Depreciation -€175
no longer reported in 2025 (was €175)
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 | €53,109 | €40,271 | -€12,838 | -24.2% |
| Current assets | 29/58 | €53,109 | €40,271 | -€12,838 | -24.2% |
| Stocks and contracts in progress | 3 | €8,245 | €6,593 | -€1,651 | -20.0% |
| Stocks | 30/36 | €8,245 | €6,593 | -€1,651 | -20.0% |
| Amounts receivable within one year | 40/41 | €2,377 | €1,279 | -€1,098 | -46.2% |
| Trade receivables | 40 | €1,408 | €737 | -€671 | -47.7% |
| Other amounts receivable | 41 | €969 | €542 | -€427 | -44.1% |
| Cash at bank and in hand | 54/58 | €41,719 | €31,550 | -€10,170 | -24.4% |
| Deferred charges and accrued income | 490/1 | €768 | €849 | +€81 | +10.5% |
| Total equity and liabilities | 10/49 | €53,109 | €40,271 | -€12,838 | -24.2% |
| Equity | 10/15 | €48,932 | €37,602 | -€11,331 | -23.2% |
| Contributions | 10/11 | €43,381 | €43,381 | = | 0.0% |
| Capital | 10 | €43,381 | €43,381 | = | 0.0% |
| Issued capital | 100 | €43,381 | €43,381 | = | 0.0% |
| Reserves | 13 | €4,338 | €4,338 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,338 | €4,338 | = | 0.0% |
| Legal reserve | 130 | €4,338 | €4,338 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,213 | -€10,118 | -€11,331 | |
| Amounts payable | 17/49 | €4,177 | €2,669 | -€1,507 | -36.1% |
| Amounts payable within one year | 42/48 | €2,427 | €919 | -€1,507 | -62.1% |
| Trade debts | 44 | €1,527 | €599 | -€928 | -60.8% |
| Suppliers | 440/4 | €1,527 | €599 | -€928 | -60.8% |
| Other amounts payable | 47/48 | €900 | €320 | -€580 | -64.4% |
| Accrued charges and deferred income | 492/3 | €1,750 | €1,750 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €583 | €31 | -€552 | -94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175 | - | -€175 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,257 | €1,651 | -€6,605 | -80.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€7,246 | -€9,224 | -€1,978 | -27.3% |
| Operating profit (loss) | 9901 | -€16,648 | -€11,306 | +€5,342 | +32.1% |
| Financial income | 75/76B | €84 | €111 | +€27 | +31.5% |
| Recurring financial income | 75 | €84 | €111 | +€27 | +31.5% |
| Financial charges | 65/66B | €86 | €135 | +€49 | +57.5% |
| Recurring financial charges | 65 | €86 | €135 | +€49 | +57.5% |
| Profit (loss) for the period before taxes | 9903 | -€16,650 | -€11,331 | +€5,319 | +31.9% |
| Profit (loss) for the period | 9904 | -€16,650 | -€11,331 | +€5,319 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,650 | -€11,331 | +€5,319 | +31.9% |
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 8 October 2026 via checked.be.