ADNATA: 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.
ADNATA
Largest movements
- Cash -€62,560
down €62,560 (-94.5%), from €66,198 to €3,638
mainly Receivables within one year (-€32,988) and Net result for the year (-€12,862)
- Receivables within one year +€32,988
up €32,988 (+93.2%), from €35,414 to €68,402
- Receivables after one year -€6,376
down €6,376 (-5.6%), from €113,615 to €107,239
- Profit (loss) carried forward -€12,862
down €12,862 (-73.4%), from -€17,531 to -€30,393
- Debts after one year -€12,281
down €12,281 (-100%), from €12,281 to €0
- Current portion of long-term debt -€11,457
down €11,457 (-48.3%), from €23,738 to €12,281
- Gross operating margin -€56,402
down €56,402, from €53,594 to -€2,808
- Depreciation -€6,182
down €6,182 (-42.6%), from €14,516 to €8,335
- Financial income +€2,215
up €2,215 (+180%), from €1,233 to €3,448
- Financial charges -€1,143
down €1,143 (-36.3%), from €3,151 to €2,008
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 | €506,141 | €467,704 | -€38,437 | -7.6% |
| Fixed assets | 21/28 | €286,021 | €286,187 | +€165 | +0.1% |
| Tangible fixed assets | 22/27 | €286,021 | €286,187 | +€165 | +0.1% |
| Land and buildings | 22 | €208,475 | €201,950 | -€6,525 | -3.1% |
| Furniture and vehicles | 24 | €13,973 | €13,001 | -€972 | -7.0% |
| Other tangible fixed assets | 26 | €63,573 | €71,235 | +€7,662 | +12.1% |
| Current assets | 29/58 | €220,120 | €181,517 | -€38,603 | -17.5% |
| Amounts receivable after more than one year | 29 | €113,615 | €107,239 | -€6,376 | -5.6% |
| Other amounts receivable | 291 | €113,615 | €107,239 | -€6,376 | -5.6% |
| Amounts receivable within one year | 40/41 | €35,414 | €68,402 | +€32,988 | +93.2% |
| Other amounts receivable | 41 | €35,414 | €68,402 | +€32,988 | +93.2% |
| Cash at bank and in hand | 54/58 | €66,198 | €3,638 | -€62,560 | -94.5% |
| Deferred charges and accrued income | 490/1 | €4,893 | €2,238 | -€2,656 | -54.3% |
| Total equity and liabilities | 10/49 | €506,141 | €467,704 | -€38,437 | -7.6% |
| Equity | 10/15 | €465,899 | €453,037 | -€12,862 | -2.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €471,030 | €471,030 | = | 0.0% |
| Distributable reserves | 133 | €471,030 | €471,030 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,531 | -€30,393 | -€12,862 | -73.4% |
| Amounts payable | 17/49 | €40,242 | €14,667 | -€25,575 | -63.6% |
| Amounts payable after more than one year | 17 | €12,281 | €0 | -€12,281 | -100% |
| Financial debts | 170/4 | €12,281 | €0 | -€12,281 | -100% |
| Amounts payable within one year | 42/48 | €27,961 | €14,667 | -€13,294 | -47.5% |
| Current portion of amounts payable after more than one year | 42 | €23,738 | €12,281 | -€11,457 | -48.3% |
| Trade debts | 44 | €2,823 | €303 | -€2,521 | -89.3% |
| Suppliers | 440/4 | €2,823 | €303 | -€2,521 | -89.3% |
| Taxes, remuneration and social security | 45 | €1,399 | €2,083 | +€684 | +48.9% |
| Taxes | 450/3 | €1,399 | €2,083 | +€684 | +48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,516 | €8,335 | -€6,182 | -42.6% |
| Other operating charges | 640/8 | €2,054 | €1,865 | -€188 | -9.2% |
| Gross operating margin | 9900 | €53,594 | -€2,808 | -€56,402 | |
| Operating profit (loss) | 9901 | €37,024 | -€13,008 | -€50,032 | |
| Financial income | 75/76B | €1,233 | €3,448 | +€2,215 | +180% |
| Recurring financial income | 75 | €1,233 | €3,448 | +€2,215 | +180% |
| Financial charges | 65/66B | €3,151 | €2,008 | -€1,143 | -36.3% |
| Recurring financial charges | 65 | €3,151 | €2,008 | -€1,143 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €35,106 | -€11,567 | -€46,673 | |
| Income taxes | 67/77 | €787 | €1,295 | +€508 | +64.5% |
| Profit (loss) for the period | 9904 | €34,319 | -€12,862 | -€47,181 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,319 | -€12,862 | -€47,181 |
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 15 October 2026 via checked.be.