ADIZON: 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.
ADIZON
Largest movements
- Cash -€27,807
down €27,807 (-57.7%), from €48,186 to €20,379
mainly Net result for the year (-€39,365) and Trade debts (-€858)
- Receivables within one year -€6,892
down €6,892 (-28.2%), from €24,434 to €17,542
of which Trade receivables: -€11,337
- Tangible fixed assets -€3,109
down €3,109 (-60.9%), from €5,101 to €1,993
- Profit (loss) carried forward -€39,365
down €39,365, from €23,264 to -€16,101
- Tax, wage and social debts +€2,415
up €2,415 (+15.8%), from €15,252 to €17,667
of which Remuneration and social security: +€1,358
- Trade debts -€858
down €858 (-46.3%), from €1,854 to €996
- Gross operating margin -€93,198
down €93,198, from €58,369 to -€34,829
- Taxes -€14,557
down €14,557 (-94.1%), from €15,477 to €919
- Other operating charges -€1,390
down €1,390 (-70.3%), from €1,977 to €588
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 | €77,722 | €39,914 | -€37,808 | -48.6% |
| Fixed assets | 21/28 | €5,101 | €1,993 | -€3,109 | -60.9% |
| Tangible fixed assets | 22/27 | €5,101 | €1,993 | -€3,109 | -60.9% |
| Furniture and vehicles | 24 | €5,101 | €1,993 | -€3,109 | -60.9% |
| Current assets | 29/58 | €72,620 | €37,921 | -€34,699 | -47.8% |
| Amounts receivable within one year | 40/41 | €24,434 | €17,542 | -€6,892 | -28.2% |
| Trade receivables | 40 | €18,606 | €7,269 | -€11,337 | -60.9% |
| Other amounts receivable | 41 | €5,828 | €10,273 | +€4,445 | +76.3% |
| Cash at bank and in hand | 54/58 | €48,186 | €20,379 | -€27,807 | -57.7% |
| Total equity and liabilities | 10/49 | €77,722 | €39,914 | -€37,808 | -48.6% |
| Equity | 10/15 | €60,616 | €21,251 | -€39,365 | -64.9% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €37,351 | €37,351 | = | 0.0% |
| Distributable reserves | 133 | €37,351 | €37,351 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,264 | -€16,101 | -€39,365 | |
| Amounts payable | 17/49 | €17,106 | €18,663 | +€1,557 | +9.1% |
| Amounts payable within one year | 42/48 | €17,106 | €18,663 | +€1,557 | +9.1% |
| Trade debts | 44 | €1,854 | €996 | -€858 | -46.3% |
| Suppliers | 440/4 | €1,854 | €996 | -€858 | -46.3% |
| Taxes, remuneration and social security | 45 | €15,252 | €17,667 | +€2,415 | +15.8% |
| Taxes | 450/3 | €15,252 | €16,309 | +€1,057 | +6.9% |
| Remuneration and social security | 454/9 | - | €1,358 | +€1,358 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,109 | €3,109 | = | 0.0% |
| Other operating charges | 640/8 | €1,977 | €588 | -€1,390 | -70.3% |
| Gross operating margin | 9900 | €58,369 | -€34,829 | -€93,198 | |
| Operating profit (loss) | 9901 | €53,283 | -€38,525 | -€91,808 | |
| Financial income | 75/76B | - | €353 | +€353 | |
| Recurring financial income | 75 | - | €353 | +€353 | |
| Financial charges | 65/66B | €455 | €273 | -€182 | -39.9% |
| Recurring financial charges | 65 | €455 | €273 | -€182 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | €52,828 | -€38,445 | -€91,273 | |
| Income taxes | 67/77 | €15,477 | €919 | -€14,557 | -94.1% |
| Profit (loss) for the period | 9904 | €37,351 | -€39,365 | -€76,716 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,351 | -€39,365 | -€76,716 |
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 16 October 2026 via checked.be.