ADLL: 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.
ADLL
Largest movements
- Current investments +€24,282
up €24,282 (+42.8%), from €56,749 to €81,031
- Cash +€20,284
up €20,284 (+37.0%), from €54,774 to €75,058
mainly Net result for the year (+€85,583) and Other debts (+€68,524)
- Deferred charges and accrued income +€2,123
up €2,123 (+147%), from €1,446 to €3,569
- Other debts +€68,524
up €68,524 (+756%), from €9,065 to €77,589
- Profit (loss) carried forward -€21,984
down €21,984 (-20.4%), from €107,567 to €85,583
- Trade debts -€2,788
down €2,788 (-19.2%), from €14,493 to €11,705
- Gross operating margin +€9,829
up €9,829 (+9.3%), from €106,210 to €116,039
- Taxes +€2,678
up €2,678 (+11.0%), from €24,269 to €26,948
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 | €145,905 | €191,288 | +€45,383 | +31.1% |
| Fixed assets | 21/28 | €8,004 | €6,699 | -€1,305 | -16.3% |
| Tangible fixed assets | 22/27 | €8,004 | €6,699 | -€1,305 | -16.3% |
| Furniture and vehicles | 24 | €8,004 | €6,699 | -€1,305 | -16.3% |
| Current assets | 29/58 | €137,901 | €184,589 | +€46,689 | +33.9% |
| Amounts receivable within one year | 40/41 | €24,931 | €24,931 | = | 0.0% |
| Trade receivables | 40 | €24,200 | €24,200 | = | 0.0% |
| Other amounts receivable | 41 | €731 | €731 | = | 0.0% |
| Current investments | 50/53 | €56,749 | €81,031 | +€24,282 | +42.8% |
| Cash at bank and in hand | 54/58 | €54,774 | €75,058 | +€20,284 | +37.0% |
| Deferred charges and accrued income | 490/1 | €1,446 | €3,569 | +€2,123 | +147% |
| Total equity and liabilities | 10/49 | €145,905 | €191,288 | +€45,383 | +31.1% |
| Equity | 10/15 | €110,567 | €88,583 | -€21,984 | -19.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,567 | €85,583 | -€21,984 | -20.4% |
| Amounts payable | 17/49 | €35,338 | €102,705 | +€67,368 | +191% |
| Amounts payable within one year | 42/48 | €35,338 | €102,705 | +€67,368 | +191% |
| Trade debts | 44 | €14,493 | €11,705 | -€2,788 | -19.2% |
| Suppliers | 440/4 | €14,493 | €11,705 | -€2,788 | -19.2% |
| Taxes, remuneration and social security | 45 | €11,780 | €13,412 | +€1,632 | +13.9% |
| Taxes | 450/3 | €11,780 | €13,412 | +€1,632 | +13.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €9,065 | €77,589 | +€68,524 | +756% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,444 | €2,849 | +€406 | +16.6% |
| Other operating charges | 640/8 | €1,052 | €635 | -€418 | -39.7% |
| Gross operating margin | 9900 | €106,210 | €116,039 | +€9,829 | +9.3% |
| Operating profit (loss) | 9901 | €102,714 | €112,555 | +€9,841 | +9.6% |
| Financial income | 75/76B | €0 | €282 | +€282 | |
| Recurring financial income | 75 | €0 | €282 | +€282 | |
| Financial charges | 65/66B | €139 | €307 | +€168 | +121% |
| Recurring financial charges | 65 | €139 | €307 | +€168 | +121% |
| Profit (loss) for the period before taxes | 9903 | €102,575 | €112,530 | +€9,955 | +9.7% |
| Income taxes | 67/77 | €24,269 | €26,948 | +€2,678 | +11.0% |
| Profit (loss) for the period | 9904 | €78,306 | €85,583 | +€7,277 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €78,306 | €85,583 | +€7,277 | +9.3% |
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 17 October 2026 via checked.be.