ADIUVATIS: 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.
ADIUVATIS
Largest movements
- Financial fixed assets +€38,505
up €38,505 (+77.0%), from €50,000 to €88,505
- Cash -€18,872
down €18,872 (-51.6%), from €36,568 to €17,695
mainly Investment in fixed assets (net) (-€38,505) and Tax, wage and social debts (-€6,222)
- Tangible fixed assets -€3,265
down €3,265 (-16.2%), from €20,185 to €16,921
of which Other tangible fixed assets: -€2,204
- Receivables within one year -€2,840
down €2,840 (-7.8%), from €36,356 to €33,516
of which Other amounts receivable: -€1,539
- Current portion of long-term debt +€11,522
up €11,522 (+37.4%), from €30,782 to €42,304
- Tax, wage and social debts -€6,222
down €6,222 (-59.8%), from €10,398 to €4,176
- Trade debts +€3,914
up €3,914 (+113.2%), from €3,459 to €7,374
- Gross operating margin -€26,162
down €26,162 (-70.7%), from €36,990 to €10,828
- Taxes -€8,422
down €8,422 (-83.0%), from €10,151 to €1,729
- Financial charges +€2,433
up €2,433 (+264.3%), from €920 to €3,353
- Depreciation +€391
up €391 (+13.6%), from €2,874 to €3,265
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 | €144,565 | €156,637 | +€12,072 | +8.4% |
| Fixed assets | 21/28 | €70,185 | €105,426 | +€35,240 | +50.2% |
| Tangible fixed assets | 22/27 | €20,185 | €16,921 | -€3,265 | -16.2% |
| Furniture and vehicles | 24 | €4,775 | €3,715 | -€1,061 | -22.2% |
| Other tangible fixed assets | 26 | €15,410 | €13,206 | -€2,204 | -14.3% |
| Financial fixed assets | 28 | €50,000 | €88,505 | +€38,505 | +77.0% |
| Current assets | 29/58 | €74,379 | €51,211 | -€23,168 | -31.1% |
| Amounts receivable within one year | 40/41 | €36,356 | €33,516 | -€2,840 | -7.8% |
| Trade receivables | 40 | €16,274 | €14,973 | -€1,301 | -8.0% |
| Other amounts receivable | 41 | €20,082 | €18,542 | -€1,539 | -7.7% |
| Cash at bank and in hand | 54/58 | €36,568 | €17,695 | -€18,872 | -51.6% |
| Deferred charges and accrued income | 490/1 | €1,455 | - | -€1,455 | |
| Total equity and liabilities | 10/49 | €144,565 | €156,637 | +€12,072 | +8.4% |
| Equity | 10/15 | €70,647 | €71,942 | +€1,296 | +1.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,647 | €65,942 | +€1,296 | +2.0% |
| Amounts payable | 17/49 | €73,918 | €84,695 | +€10,777 | +14.6% |
| Amounts payable after more than one year | 17 | €19,218 | €19,888 | +€670 | +3.5% |
| Financial debts | 170/4 | €19,218 | €19,888 | +€670 | +3.5% |
| Amounts payable within one year | 42/48 | €52,808 | €63,131 | +€10,323 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €30,782 | €42,304 | +€11,522 | +37.4% |
| Trade debts | 44 | €3,459 | €7,374 | +€3,914 | +113.2% |
| Suppliers | 440/4 | €3,459 | €7,374 | +€3,914 | +113.2% |
| Taxes, remuneration and social security | 45 | €10,398 | €4,176 | -€6,222 | -59.8% |
| Taxes | 450/3 | €10,398 | €4,176 | -€6,222 | -59.8% |
| Other amounts payable | 47/48 | €8,169 | €9,278 | +€1,109 | +13.6% |
| Accrued charges and deferred income | 492/3 | €1,892 | €1,675 | -€216 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,874 | €3,265 | +€391 | +13.6% |
| Other operating charges | 640/8 | €908 | €1,188 | +€280 | +30.9% |
| Gross operating margin | 9900 | €36,990 | €10,828 | -€26,162 | -70.7% |
| Operating profit (loss) | 9901 | €33,208 | €6,375 | -€26,833 | -80.8% |
| Financial income | 75/76B | €63 | €3 | -€60 | -95.7% |
| Recurring financial income | 75 | €63 | €3 | -€60 | -95.7% |
| Financial charges | 65/66B | €920 | €3,353 | +€2,433 | +264.3% |
| Recurring financial charges | 65 | €920 | €3,353 | +€2,433 | +264.3% |
| Profit (loss) for the period before taxes | 9903 | €32,350 | €3,024 | -€29,326 | -90.7% |
| Income taxes | 67/77 | €10,151 | €1,729 | -€8,422 | -83.0% |
| Profit (loss) for the period | 9904 | €22,199 | €1,296 | -€20,904 | -94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,199 | €1,296 | -€20,904 | -94.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.