ADLE: 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.
ADLE
Largest movements
- Tangible fixed assets +€1.5m
up €1.5m (+58.0%), from €2.6m to €4.1m
- Revaluation surpluses +€1.5m
new in 2025: €1.5m
- Gross operating margin +€327
up €327, from -€327 to €0
- Financial charges +€244
up €244 (+4.4%), from €5,532 to €5,776
- Other operating charges -€156
down €156 (-13.5%), from €1,154 to €998
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 | €2,592,136 | €4,089,873 | +€1.5m | +57.8% |
| Fixed assets | 21/28 | €2,587,450 | €4,087,450 | +€1.5m | +58.0% |
| Tangible fixed assets | 22/27 | €2,587,450 | €4,087,450 | +€1.5m | +58.0% |
| Other tangible fixed assets | 26 | €2,587,450 | €4,087,450 | +€1.5m | +58.0% |
| Current assets | 29/58 | €4,686 | €2,423 | -€2,263 | -48.3% |
| Cash at bank and in hand | 54/58 | €4,686 | €2,423 | -€2,263 | -48.3% |
| Total equity and liabilities | 10/49 | €2,592,136 | €4,089,873 | +€1.5m | +57.8% |
| Equity | 10/15 | €2,401,918 | €3,895,144 | +€1.5m | +62.2% |
| Contributions | 10/11 | €2,447,450 | €2,447,450 | = | 0.0% |
| Revaluation surpluses | 12 | - | €1,500,000 | +€1.5m | |
| Profit (loss) carried forward | 14 | -€45,532 | -€52,306 | -€6,775 | -14.9% |
| Amounts payable | 17/49 | €190,218 | €194,729 | +€4,512 | +2.4% |
| Amounts payable within one year | 42/48 | €187,430 | €191,852 | +€4,422 | +2.4% |
| Trade debts | 44 | €1,071 | €0 | -€1,071 | -100.0% |
| Suppliers | 440/4 | €1,071 | €0 | -€1,071 | -100.0% |
| Other amounts payable | 47/48 | €186,359 | €191,852 | +€5,492 | +2.9% |
| Accrued charges and deferred income | 492/3 | €2,788 | €2,878 | +€90 | +3.2% |
| Other operating charges | 640/8 | €1,154 | €998 | -€156 | -13.5% |
| Gross operating margin | 9900 | -€327 | €0 | +€327 | |
| Operating profit (loss) | 9901 | -€1,481 | -€998 | +€483 | +32.6% |
| Financial charges | 65/66B | €5,532 | €5,776 | +€244 | +4.4% |
| Recurring financial charges | 65 | €5,532 | €5,776 | +€244 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,013 | -€6,775 | +€238 | +3.4% |
| Profit (loss) for the period | 9904 | -€7,013 | -€6,775 | +€238 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,013 | -€6,775 | +€238 | +3.4% |
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 6 October 2026 via checked.be.