ADMORO: 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.
ADMORO
Largest movements
- Tangible fixed assets -€4,127
down €4,127 (-41.5%), from €9,950 to €5,823
- Cash +€3,477
up €3,477 (+1642.6%), from €212 to €3,688
mainly Depreciation (+€4,127) and Receivables within one year (+€2,143)
- Receivables within one year -€2,143
down €2,143 (-97.4%), from €2,200 to €57
of which Trade receivables: -€1,101
- Tax, wage and social debts -€1,893
down €1,893 (-87.3%), from €2,169 to €276
- Trade debts -€486
no longer reported in 2025 (was €486)
- Profit (loss) carried forward -€370
down €370 (-5.6%), from €6,663 to €6,293
- Staff costs -€2,736
no longer reported in 2025 (was €2,736)
- Depreciation +€1,696
up €1,696 (+69.8%), from €2,431 to €4,127
- Gross operating margin -€1,636
down €1,636 (-29.1%), from €5,629 to €3,992
- Taxes -€276
no longer reported in 2025 (was €276)
- Financial charges +€88
up €88 (+108.2%), from €82 to €170
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 | €12,362 | €9,569 | -€2,793 | -22.6% |
| Fixed assets | 21/28 | €9,950 | €5,823 | -€4,127 | -41.5% |
| Tangible fixed assets | 22/27 | €9,950 | €5,823 | -€4,127 | -41.5% |
| Furniture and vehicles | 24 | €9,950 | €5,823 | -€4,127 | -41.5% |
| Current assets | 29/58 | €2,412 | €3,746 | +€1,334 | +55.3% |
| Amounts receivable within one year | 40/41 | €2,200 | €57 | -€2,143 | -97.4% |
| Trade receivables | 40 | €1,101 | - | -€1,101 | |
| Other amounts receivable | 41 | €1,099 | €57 | -€1,042 | -94.8% |
| Cash at bank and in hand | 54/58 | €212 | €3,688 | +€3,477 | +1642.6% |
| Total equity and liabilities | 10/49 | €12,362 | €9,569 | -€2,793 | -22.6% |
| Equity | 10/15 | €9,663 | €9,293 | -€370 | -3.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,663 | €6,293 | -€370 | -5.6% |
| Amounts payable | 17/49 | €2,699 | €276 | -€2,423 | -89.8% |
| Amounts payable within one year | 42/48 | €2,699 | €276 | -€2,423 | -89.8% |
| Trade debts | 44 | €486 | - | -€486 | |
| Suppliers | 440/4 | €486 | - | -€486 | |
| Taxes, remuneration and social security | 45 | €2,169 | €276 | -€1,893 | -87.3% |
| Taxes | 450/3 | €2,169 | €276 | -€1,893 | -87.3% |
| Other amounts payable | 47/48 | €44 | - | -€44 | |
| Remuneration, social security and pensions | 62 | €2,736 | - | -€2,736 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,431 | €4,127 | +€1,696 | +69.8% |
| Other operating charges | 640/8 | €64 | €66 | +€2 | +3.0% |
| Gross operating margin | 9900 | €5,629 | €3,992 | -€1,636 | -29.1% |
| Operating profit (loss) | 9901 | €398 | -€200 | -€598 | |
| Financial charges | 65/66B | €82 | €170 | +€88 | +108.2% |
| Recurring financial charges | 65 | €82 | €170 | +€88 | +108.2% |
| Profit (loss) for the period before taxes | 9903 | €316 | -€370 | -€686 | |
| Income taxes | 67/77 | €276 | - | -€276 | |
| Profit (loss) for the period | 9904 | €41 | -€370 | -€411 | |
| Profit (loss) for the period to be appropriated | 9905 | €41 | -€370 | -€411 |
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 4 October 2026 via checked.be.