ADITUS: 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.
ADITUS
Largest movements
- Tangible fixed assets +€617,263
up €617,263 (+707%), from €87,280 to €704,543
of which Land and buildings: +€633,767
- Cash -€174,522
down €174,522 (-99.8%), from €174,923 to €401
mainly Investment in fixed assets (net) (-€672,264) and Contributions, distributions and other (-€170,000)
- Debts after one year +€434,839
new in 2025: €434,839
- Reserves -€136,637
down €136,637 (-60.7%), from €225,208 to €88,570
- Other debts +€116,001
up €116,001 (+385%), from €30,098 to €146,099
- Current portion of long-term debt +€25,599
new in 2025: €25,599
- Depreciation +€30,256
up €30,256 (+122%), from €24,745 to €55,001
- Financial charges +€9,119
up €9,119 (+7,233%), from €126 to €9,245
- Taxes -€8,740
down €8,740 (-47.1%), from €18,541 to €9,800
- Gross operating margin -€5,974
down €5,974 (-5.2%), from €113,852 to €107,878
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 | €284,384 | €725,540 | +€441,156 | +155% |
| Fixed assets | 21/28 | €87,280 | €704,543 | +€617,263 | +707% |
| Tangible fixed assets | 22/27 | €87,280 | €704,543 | +€617,263 | +707% |
| Land and buildings | 22 | - | €633,767 | +€633,767 | |
| Plant, machinery and equipment | 23 | €4,093 | €5,270 | +€1,177 | +28.8% |
| Furniture and vehicles | 24 | €50,775 | €30,206 | -€20,568 | -40.5% |
| Other tangible fixed assets | 26 | €32,413 | €35,300 | +€2,887 | +8.9% |
| Current assets | 29/58 | €197,104 | €20,998 | -€176,106 | -89.3% |
| Amounts receivable within one year | 40/41 | €19,849 | €17,784 | -€2,065 | -10.4% |
| Trade receivables | 40 | €18,390 | €15,585 | -€2,805 | -15.3% |
| Other amounts receivable | 41 | €1,459 | €2,200 | +€740 | +50.7% |
| Cash at bank and in hand | 54/58 | €174,923 | €401 | -€174,522 | -99.8% |
| Deferred charges and accrued income | 490/1 | €2,332 | €2,812 | +€480 | +20.6% |
| Total equity and liabilities | 10/49 | €284,384 | €725,540 | +€441,156 | +155% |
| Equity | 10/15 | €243,758 | €107,120 | -€136,637 | -56.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €225,208 | €88,570 | -€136,637 | -60.7% |
| Distributable reserves | 133 | €225,208 | €88,570 | -€136,637 | -60.7% |
| Amounts payable | 17/49 | €40,626 | €618,420 | +€577,794 | +1,422% |
| Amounts payable after more than one year | 17 | - | €434,839 | +€434,839 | |
| Financial debts | 170/4 | - | €434,839 | +€434,839 | |
| Amounts payable within one year | 42/48 | €40,626 | €179,981 | +€139,355 | +343% |
| Current portion of amounts payable after more than one year | 42 | - | €25,599 | +€25,599 | |
| Trade debts | 44 | €721 | €2,624 | +€1,902 | +264% |
| Suppliers | 440/4 | €721 | €2,624 | +€1,902 | +264% |
| Taxes, remuneration and social security | 45 | €9,807 | €5,660 | -€4,147 | -42.3% |
| Taxes | 450/3 | €9,807 | €2,850 | -€6,957 | -70.9% |
| Remuneration and social security | 454/9 | - | €2,809 | +€2,809 | |
| Other amounts payable | 47/48 | €30,098 | €146,099 | +€116,001 | +385% |
| Accrued charges and deferred income | 492/3 | - | €3,600 | +€3,600 | |
| Non-recurring operating income | 76A | €1,600 | - | -€1,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,745 | €55,001 | +€30,256 | +122% |
| Other operating charges | 640/8 | €324 | €468 | +€144 | +44.6% |
| Gross operating margin | 9900 | €113,852 | €107,878 | -€5,974 | -5.2% |
| Operating profit (loss) | 9901 | €88,783 | €52,408 | -€36,374 | -41.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €126 | €9,245 | +€9,119 | +7,233% |
| Recurring financial charges | 65 | €126 | €9,245 | +€9,119 | +7,233% |
| Profit (loss) for the period before taxes | 9903 | €88,657 | €43,163 | -€45,493 | -51.3% |
| Income taxes | 67/77 | €18,541 | €9,800 | -€8,740 | -47.1% |
| Profit (loss) for the period | 9904 | €70,116 | €33,363 | -€36,753 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €70,116 | €33,363 | -€36,753 | -52.4% |
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 17 October 2026 via checked.be.