ADIX GROUP: 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.
ADIX GROUP
Largest movements
- Receivables within one year +€35,554
up €35,554 (+69.1%), from €51,422 to €86,975
of which Trade receivables: +€32,554
- Cash +€11,676
up €11,676 (+62.4%), from €18,698 to €30,374
mainly Net result for the year (+€32,619) and Current investments (+€9,865)
- Current investments -€9,865
down €9,865 (-11.1%), from €88,829 to €78,964
- Intangible fixed assets -€6,000
down €6,000 (-21.2%), from €28,258 to €22,258
- Tangible fixed assets -€3,171
down €3,171 (-74.6%), from €4,253 to €1,082
- Profit (loss) carried forward +€32,619
up €32,619 (+96.5%), from -€33,816 to -€1,197
- Tax, wage and social debts -€5,639
down €5,639 (-10.0%), from €56,262 to €50,623
of which Remuneration and social security: -€6,223
- Trade debts -€2,651
down €2,651 (-25.7%), from €10,305 to €7,655
- Accrued charges and deferred income +€2,374
up €2,374 (+2.5%), from €94,280 to €96,654
- Gross operating margin +€28,030
up €28,030 (+12.8%), from €218,856 to €246,886
- Staff costs -€17,763
down €17,763 (-8.7%), from €204,675 to €186,912
- Taxes +€16,550
up €16,550, from -€745 to €15,805
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 | €195,231 | €221,935 | +€26,704 | +13.7% |
| Fixed assets | 21/28 | €32,810 | €23,639 | -€9,171 | -28.0% |
| Intangible fixed assets | 21 | €28,258 | €22,258 | -€6,000 | -21.2% |
| Tangible fixed assets | 22/27 | €4,253 | €1,082 | -€3,171 | -74.6% |
| Furniture and vehicles | 24 | €4,253 | €1,082 | -€3,171 | -74.6% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €162,422 | €198,296 | +€35,875 | +22.1% |
| Amounts receivable within one year | 40/41 | €51,422 | €86,975 | +€35,554 | +69.1% |
| Trade receivables | 40 | €48,422 | €80,975 | +€32,554 | +67.2% |
| Other amounts receivable | 41 | €3,000 | €6,000 | +€3,000 | +100.0% |
| Current investments | 50/53 | €88,829 | €78,964 | -€9,865 | -11.1% |
| Cash at bank and in hand | 54/58 | €18,698 | €30,374 | +€11,676 | +62.4% |
| Deferred charges and accrued income | 490/1 | €3,473 | €1,983 | -€1,490 | -42.9% |
| Total equity and liabilities | 10/49 | €195,231 | €221,935 | +€26,704 | +13.7% |
| Equity | 10/15 | €34,384 | €67,003 | +€32,619 | +94.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,816 | -€1,197 | +€32,619 | +96.5% |
| Amounts payable | 17/49 | €160,847 | €154,932 | -€5,915 | -3.7% |
| Amounts payable within one year | 42/48 | €66,567 | €58,278 | -€8,289 | -12.5% |
| Trade debts | 44 | €10,305 | €7,655 | -€2,651 | -25.7% |
| Suppliers | 440/4 | €10,305 | €7,655 | -€2,651 | -25.7% |
| Taxes, remuneration and social security | 45 | €56,262 | €50,623 | -€5,639 | -10.0% |
| Taxes | 450/3 | €21,236 | €21,820 | +€584 | +2.8% |
| Remuneration and social security | 454/9 | €35,026 | €28,803 | -€6,223 | -17.8% |
| Accrued charges and deferred income | 492/3 | €94,280 | €96,654 | +€2,374 | +2.5% |
| Remuneration, social security and pensions | 62 | €204,675 | €186,912 | -€17,763 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,319 | €9,171 | +€1,852 | +25.3% |
| Other operating charges | 640/8 | €2,802 | €2,683 | -€119 | -4.3% |
| Gross operating margin | 9900 | €218,856 | €246,886 | +€28,030 | +12.8% |
| Operating profit (loss) | 9901 | €4,060 | €48,119 | +€44,059 | +1085.2% |
| Financial income | 75/76B | €792 | €527 | -€265 | -33.5% |
| Recurring financial income | 75 | €792 | €527 | -€265 | -33.5% |
| Financial charges | 65/66B | €224 | €223 | -€2 | -0.7% |
| Recurring financial charges | 65 | €224 | €223 | -€2 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €4,628 | €48,424 | +€43,796 | +946.2% |
| Income taxes | 67/77 | -€745 | €15,805 | +€16,550 | |
| Profit (loss) for the period | 9904 | €5,374 | €32,619 | +€27,245 | +507.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,374 | €32,619 | +€27,245 | +507.0% |
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 12 October 2026 via checked.be.