ADN Wood: what changed
ADN Wood
Largest movements
- Receivables within one year +€12,950
up €12,950 (+101%), from €12,778 to €25,728
of which Trade receivables: +€12,950
- Cash +€5,823
up €5,823 (+1,433%), from €406 to €6,229
mainly Other debts (+€34,707) and Depreciation (+€6,900)
- Tangible fixed assets -€4,779
down €4,779 (-18.6%), from €25,633 to €20,854
- Other debts +€34,707
up €34,707 (+227%), from €15,291 to €49,998
- Debts after one year -€11,757
down €11,757 (-100%), from €11,757 to €0
- Profit (loss) carried forward -€9,109
down €9,109 (-63.3%), from -€14,394 to -€23,503
- Tax, wage and social debts -€573
down €573 (-31.1%), from €1,842 to €1,270
- Current portion of long-term debt +€544
up €544 (+4.8%), from €11,213 to €11,757
- Gross operating margin -€3,413
down €3,413, from €2,223 to -€1,190
- Other operating charges -€595
down €595 (-100%), from €595 to €0
- Financial charges -€385
down €385 (-27.4%), from €1,404 to €1,019
- Depreciation +€289
up €289 (+4.4%), from €6,612 to €6,900
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,916 | €52,812 | +€13,896 | +35.7% |
| Fixed assets | 21/28 | €25,633 | €20,854 | -€4,779 | -18.6% |
| Tangible fixed assets | 22/27 | €25,633 | €20,854 | -€4,779 | -18.6% |
| Furniture and vehicles | 24 | €25,633 | €20,854 | -€4,779 | -18.6% |
| Current assets | 29/58 | €13,283 | €31,958 | +€18,675 | +141% |
| Amounts receivable within one year | 40/41 | €12,778 | €25,728 | +€12,950 | +101% |
| Trade receivables | 40 | €12,778 | €25,728 | +€12,950 | +101% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €406 | €6,229 | +€5,823 | +1,433% |
| Deferred charges and accrued income | 490/1 | €98 | €0 | -€98 | -100% |
| Total equity and liabilities | 10/49 | €38,916 | €52,812 | +€13,896 | +35.7% |
| Equity | 10/15 | -€4,394 | -€13,503 | -€9,109 | -207% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,394 | -€23,503 | -€9,109 | -63.3% |
| Amounts payable | 17/49 | €43,310 | €66,315 | +€23,004 | +53.1% |
| Amounts payable after more than one year | 17 | €11,757 | €0 | -€11,757 | -100% |
| Financial debts | 170/4 | €11,757 | €0 | -€11,757 | -100% |
| Amounts payable within one year | 42/48 | €31,553 | €66,315 | +€34,761 | +110% |
| Current portion of amounts payable after more than one year | 42 | €11,213 | €11,757 | +€544 | +4.8% |
| Trade debts | 44 | €3,207 | €3,290 | +€84 | +2.6% |
| Suppliers | 440/4 | €3,207 | €3,290 | +€84 | +2.6% |
| Taxes, remuneration and social security | 45 | €1,842 | €1,270 | -€573 | -31.1% |
| Taxes | 450/3 | €1,842 | €1,270 | -€573 | -31.1% |
| Other amounts payable | 47/48 | €15,291 | €49,998 | +€34,707 | +227% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,612 | €6,900 | +€289 | +4.4% |
| Other operating charges | 640/8 | €595 | €0 | -€595 | -100% |
| Gross operating margin | 9900 | €2,223 | -€1,190 | -€3,413 | |
| Operating profit (loss) | 9901 | -€4,983 | -€8,090 | -€3,106 | -62.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,404 | €1,019 | -€385 | -27.4% |
| Recurring financial charges | 65 | €1,404 | €1,019 | -€385 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,387 | -€9,109 | -€2,721 | -42.6% |
| Profit (loss) for the period | 9904 | -€6,387 | -€9,109 | -€2,721 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,387 | -€9,109 | -€2,721 | -42.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.