ADiscover: 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.
ADiscover
Largest movements
- Cash +€16,789
up €16,789 (+306.5%), from €5,477 to €22,266
mainly Net result for the year (+€47,519) and Receivables within one year (+€16,723)
- Receivables within one year -€16,723
down €16,723 (-27.7%), from €60,380 to €43,657
of which Trade receivables: -€17,970
- Tangible fixed assets +€4,372
up €4,372 (+39.6%), from €11,044 to €15,416
of which Furniture and vehicles: +€5,384
- Current portion of long-term debt +€15,000
new in 2026: €15,000
- Other debts -€12,573
down €12,573 (-17.6%), from €71,238 to €58,665
- Tax, wage and social debts +€1,002
up €1,002 (+19.4%), from €5,164 to €6,166
- Gross operating margin -€8,160
down €8,160 (-10.4%), from €78,798 to €70,638
- Taxes -€2,551
down €2,551 (-13.4%), from €18,969 to €16,418
- Depreciation +€1,063
up €1,063 (+22.8%), from €4,655 to €5,717
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,003 | €98,896 | +€3,893 | +4.1% |
| Fixed assets | 21/28 | €11,444 | €15,816 | +€4,372 | +38.2% |
| Tangible fixed assets | 22/27 | €11,044 | €15,416 | +€4,372 | +39.6% |
| Furniture and vehicles | 24 | €4,266 | €9,650 | +€5,384 | +126.2% |
| Other tangible fixed assets | 26 | €6,779 | €5,766 | -€1,012 | -14.9% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €83,559 | €83,079 | -€479 | -0.6% |
| Amounts receivable within one year | 40/41 | €60,380 | €43,657 | -€16,723 | -27.7% |
| Trade receivables | 40 | €60,045 | €42,075 | -€17,970 | -29.9% |
| Other amounts receivable | 41 | €335 | €1,582 | +€1,247 | +372.2% |
| Current investments | 50/53 | €15,376 | €15,376 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,477 | €22,266 | +€16,789 | +306.5% |
| Deferred charges and accrued income | 490/1 | €2,326 | €1,781 | -€545 | -23.4% |
| Total equity and liabilities | 10/49 | €95,003 | €98,896 | +€3,893 | +4.1% |
| Equity | 10/15 | €18,600 | €18,601 | +€0 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €1 | +€0 | +70.0% |
| Amounts payable | 17/49 | €76,403 | €80,295 | +€3,893 | +5.1% |
| Amounts payable within one year | 42/48 | €76,403 | €79,849 | +€3,447 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | - | €15,000 | +€15,000 | |
| Trade debts | 44 | - | €18 | +€18 | |
| Suppliers | 440/4 | - | €18 | +€18 | |
| Taxes, remuneration and social security | 45 | €5,164 | €6,166 | +€1,002 | +19.4% |
| Taxes | 450/3 | €5,164 | €6,166 | +€1,002 | +19.4% |
| Other amounts payable | 47/48 | €71,238 | €58,665 | -€12,573 | -17.6% |
| Accrued charges and deferred income | 492/3 | - | €446 | +€446 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,655 | €5,717 | +€1,063 | +22.8% |
| Other operating charges | 640/8 | €457 | €678 | +€222 | +48.6% |
| Gross operating margin | 9900 | €78,798 | €70,638 | -€8,160 | -10.4% |
| Operating profit (loss) | 9901 | €73,686 | €64,242 | -€9,444 | -12.8% |
| Financial income | 75/76B | €625 | - | -€625 | |
| Recurring financial income | 75 | €625 | - | -€625 | |
| Financial charges | 65/66B | €302 | €305 | +€3 | +1.0% |
| Recurring financial charges | 65 | €302 | €305 | +€3 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €74,010 | €63,937 | -€10,073 | -13.6% |
| Income taxes | 67/77 | €18,969 | €16,418 | -€2,551 | -13.4% |
| Profit (loss) for the period | 9904 | €55,041 | €47,519 | -€7,522 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,041 | €47,519 | -€7,522 | -13.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.