ADLEGO: 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.
ADLEGO
Largest movements
- Tangible fixed assets -€9,481
down €9,481 (-5.7%), from €165,172 to €155,691
of which Land and buildings: -€11,208
- Reserves +€17,414
up €17,414 (+26.0%), from €66,914 to €84,329
- Debts after one year -€16,248
no longer reported in 2025 (was €16,248)
- Tax, wage and social debts -€5,241
down €5,241 (-42.2%), from €12,422 to €7,181
- Current portion of long-term debt -€4,651
down €4,651 (-22.3%), from €20,899 to €16,248
- Gross operating margin +€4,939
up €4,939 (+12.6%), from €39,245 to €44,184
- Depreciation +€1,287
up €1,287 (+10.6%), from €12,097 to €13,384
- Taxes +€932
up €932 (+11.4%), from €8,213 to €9,145
- Financial charges -€854
down €854 (-38.0%), from €2,248 to €1,394
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 | €181,558 | €172,531 | -€9,027 | -5.0% |
| Fixed assets | 21/28 | €165,352 | €155,871 | -€9,481 | -5.7% |
| Tangible fixed assets | 22/27 | €165,172 | €155,691 | -€9,481 | -5.7% |
| Land and buildings | 22 | €158,443 | €147,235 | -€11,208 | -7.1% |
| Plant, machinery and equipment | 23 | €3,484 | €2,704 | -€780 | -22.4% |
| Furniture and vehicles | 24 | €3,245 | €5,753 | +€2,507 | +77.3% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €16,207 | €16,660 | +€453 | +2.8% |
| Amounts receivable within one year | 40/41 | €800 | - | -€800 | |
| Trade receivables | 40 | €800 | - | -€800 | |
| Cash at bank and in hand | 54/58 | €10,419 | €12,143 | +€1,724 | +16.5% |
| Deferred charges and accrued income | 490/1 | €4,988 | €4,517 | -€471 | -9.4% |
| Total equity and liabilities | 10/49 | €181,558 | €172,531 | -€9,027 | -5.0% |
| Equity | 10/15 | €119,223 | €134,978 | +€15,754 | +13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,914 | €84,329 | +€17,414 | +26.0% |
| Distributable reserves | 133 | €66,914 | €84,329 | +€17,414 | +26.0% |
| Profit (loss) carried forward | 14 | €33,709 | €32,049 | -€1,660 | -4.9% |
| Amounts payable | 17/49 | €62,335 | €37,553 | -€24,782 | -39.8% |
| Amounts payable after more than one year | 17 | €16,248 | - | -€16,248 | |
| Financial debts | 170/4 | €16,248 | - | -€16,248 | |
| Amounts payable within one year | 42/48 | €46,087 | €37,553 | -€8,534 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €20,899 | €16,248 | -€4,651 | -22.3% |
| Trade debts | 44 | €3,197 | €4,826 | +€1,629 | +50.9% |
| Suppliers | 440/4 | €3,197 | €4,826 | +€1,629 | +50.9% |
| Taxes, remuneration and social security | 45 | €12,422 | €7,181 | -€5,241 | -42.2% |
| Taxes | 450/3 | €12,422 | €7,181 | -€5,241 | -42.2% |
| Other amounts payable | 47/48 | €9,569 | €9,299 | -€271 | -2.8% |
| Non-recurring operating income | 76A | €2,089 | - | -€2,089 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,097 | €13,384 | +€1,287 | +10.6% |
| Other operating charges | 640/8 | €2,551 | €2,847 | +€296 | +11.6% |
| Gross operating margin | 9900 | €39,245 | €44,184 | +€4,939 | +12.6% |
| Operating profit (loss) | 9901 | €24,597 | €27,953 | +€3,356 | +13.6% |
| Financial income | 75/76B | €1 | €0 | -€1 | -83.5% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -83.5% |
| Financial charges | 65/66B | €2,248 | €1,394 | -€854 | -38.0% |
| Recurring financial charges | 65 | €2,248 | €1,394 | -€854 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €22,350 | €26,560 | +€4,209 | +18.8% |
| Income taxes | 67/77 | €8,213 | €9,145 | +€932 | +11.4% |
| Profit (loss) for the period | 9904 | €14,137 | €17,414 | +€3,277 | +23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,137 | €17,414 | +€3,277 | +23.2% |
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.