Adituro: 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.
Adituro
Largest movements
- Cash -€96,447
down €96,447 (-81.3%), from €118,562 to €22,115
mainly Net result for the year (-€84,363) and Debts after one year (-€29,150)
- Tangible fixed assets -€18,343
down €18,343 (-3.3%), from €551,215 to €532,872
of which Land and buildings: -€19,896
- Profit (loss) carried forward -€84,363
down €84,363 (-28.8%), from €292,920 to €208,557
- Debts after one year -€29,150
down €29,150 (-8.7%), from €333,825 to €304,676
- Gross operating margin +€22,549
up €22,549 (+29.8%), from -€75,634 to -€53,084
- Financial charges +€1,602
up €1,602 (+34.6%), from €4,629 to €6,231
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 | €670,486 | €557,108 | -€113,379 | -16.9% |
| Fixed assets | 21/28 | €551,215 | €532,872 | -€18,343 | -3.3% |
| Tangible fixed assets | 22/27 | €551,215 | €532,872 | -€18,343 | -3.3% |
| Land and buildings | 22 | €546,942 | €527,046 | -€19,896 | -3.6% |
| Furniture and vehicles | 24 | €4,273 | €5,826 | +€1,553 | +36.3% |
| Current assets | 29/58 | €119,271 | €24,235 | -€95,036 | -79.7% |
| Amounts receivable within one year | 40/41 | €710 | €2,121 | +€1,411 | +198.8% |
| Trade receivables | 40 | €251 | - | -€251 | |
| Other amounts receivable | 41 | €458 | €2,121 | +€1,662 | +362.6% |
| Cash at bank and in hand | 54/58 | €118,562 | €22,115 | -€96,447 | -81.3% |
| Total equity and liabilities | 10/49 | €670,486 | €557,108 | -€113,379 | -16.9% |
| Equity | 10/15 | €297,920 | €213,557 | -€84,363 | -28.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €292,920 | €208,557 | -€84,363 | -28.8% |
| Amounts payable | 17/49 | €372,566 | €343,551 | -€29,016 | -7.8% |
| Amounts payable after more than one year | 17 | €333,825 | €304,676 | -€29,150 | -8.7% |
| Financial debts | 170/4 | €333,825 | €304,676 | -€29,150 | -8.7% |
| Amounts payable within one year | 42/48 | €38,741 | €38,875 | +€134 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €28,872 | €29,150 | +€278 | +1.0% |
| Trade debts | 44 | - | €1,525 | +€1,525 | |
| Suppliers | 440/4 | - | €1,525 | +€1,525 | |
| Taxes, remuneration and social security | 45 | €3,025 | €31 | -€2,994 | -99.0% |
| Taxes | 450/3 | €3,025 | €31 | -€2,994 | -99.0% |
| Other amounts payable | 47/48 | €6,844 | €8,169 | +€1,325 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,738 | €22,126 | -€613 | -2.7% |
| Other operating charges | 640/8 | €2,957 | €2,922 | -€36 | -1.2% |
| Gross operating margin | 9900 | -€75,634 | -€53,084 | +€22,549 | +29.8% |
| Operating profit (loss) | 9901 | -€101,329 | -€78,132 | +€23,198 | +22.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,629 | €6,231 | +€1,602 | +34.6% |
| Recurring financial charges | 65 | €4,629 | €6,231 | +€1,602 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | -€105,958 | -€84,363 | +€21,595 | +20.4% |
| Profit (loss) for the period | 9904 | -€105,958 | -€84,363 | +€21,595 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€105,958 | -€84,363 | +€21,595 | +20.4% |
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 5 October 2026 via checked.be.