ADOCS: 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.
ADOCS
Largest movements
- Tangible fixed assets -€40,338
down €40,338 (-5.4%), from €741,396 to €701,058
- Current investments -€34,551
down €34,551 (-100.0%), from €34,551 to €0
- Reserves -€38,590
down €38,590 (-9.1%), from €423,681 to €385,091
of which Distributable reserves: -€28,084
- Debts after one year -€16,668
down €16,668 (-12.2%), from €136,615 to €119,947
of which Financial debts: -€16,668
- Current portion of long-term debt -€16,665
down €16,665 (-50.0%), from €33,333 to €16,668
- Financial income +€43,980
up €43,980 (+10040.6%), from €438 to €44,418
of which Financial income: +€43,980
- Depreciation -€7,218
down €7,218 (-15.2%), from €47,556 to €40,338
- Taxes +€5,712
new in 2025: €5,712
- Gross operating margin -€1,472
down €1,472 (-3.1%), from €47,408 to €45,936
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 | €793,576 | €717,403 | -€76,173 | -9.6% |
| Fixed assets | 21/28 | €741,396 | €701,058 | -€40,338 | -5.4% |
| Tangible fixed assets | 22/27 | €741,396 | €701,058 | -€40,338 | -5.4% |
| Land and buildings | 22 | €741,396 | €701,058 | -€40,338 | -5.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €52,180 | €16,344 | -€35,835 | -68.7% |
| Amounts receivable within one year | 40/41 | €3,567 | €6,106 | +€2,538 | +71.2% |
| Trade receivables | 40 | - | €2,670 | +€2,670 | |
| Other amounts receivable | 41 | €3,567 | €3,436 | -€131 | -3.7% |
| Current investments | 50/53 | €34,551 | €0 | -€34,551 | -100.0% |
| Cash at bank and in hand | 54/58 | €13,575 | €9,735 | -€3,840 | -28.3% |
| Deferred charges and accrued income | 490/1 | €486 | €503 | +€17 | +3.5% |
| Total equity and liabilities | 10/49 | €793,576 | €717,403 | -€76,173 | -9.6% |
| Equity | 10/15 | €514,896 | €476,307 | -€38,590 | -7.5% |
| Contributions | 10/11 | €91,215 | €91,215 | = | 0.0% |
| Reserves | 13 | €423,681 | €385,091 | -€38,590 | -9.1% |
| Tax-exempt reserves | 132 | €191,722 | €181,217 | -€10,505 | -5.5% |
| Distributable reserves | 133 | €231,959 | €203,874 | -€28,084 | -12.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €63,907 | €60,406 | -€3,502 | -5.5% |
| Deferred taxes | 168 | €63,907 | €60,406 | -€3,502 | -5.5% |
| Amounts payable | 17/49 | €214,772 | €180,690 | -€34,081 | -15.9% |
| Amounts payable after more than one year | 17 | €136,615 | €119,947 | -€16,668 | -12.2% |
| Financial debts | 170/4 | €113,515 | €96,847 | -€16,668 | -14.7% |
| Other amounts payable | 178/9 | €23,100 | €23,100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €42,399 | €29,074 | -€13,325 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €33,333 | €16,668 | -€16,665 | -50.0% |
| Trade debts | 44 | €1,475 | €1,603 | +€128 | +8.7% |
| Suppliers | 440/4 | €1,475 | €1,603 | +€128 | +8.7% |
| Taxes, remuneration and social security | 45 | - | €3,212 | +€3,212 | |
| Taxes | 450/3 | - | €3,212 | +€3,212 | |
| Other amounts payable | 47/48 | €7,591 | €7,591 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €35,757 | €31,669 | -€4,088 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,556 | €40,338 | -€7,218 | -15.2% |
| Other operating charges | 640/8 | €3,550 | €3,739 | +€189 | +5.3% |
| Gross operating margin | 9900 | €47,408 | €45,936 | -€1,472 | -3.1% |
| Operating profit (loss) | 9901 | -€3,698 | €1,859 | +€5,557 | |
| Financial income | 75/76B | €438 | €44,418 | +€43,980 | +10040.6% |
| Recurring financial income | 75 | €438 | €44,418 | +€43,980 | +10040.6% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €9,124 | €8,657 | -€467 | -5.1% |
| Recurring financial charges | 65 | €9,124 | €8,657 | -€467 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,384 | €37,620 | +€50,004 | |
| Transfer from deferred taxes | 780 | €3,502 | €3,502 | = | 0.0% |
| Income taxes | 67/77 | - | €5,712 | +€5,712 | |
| Profit (loss) for the period | 9904 | -€8,882 | €35,410 | +€44,292 | |
| Transfer from tax-exempt reserves | 789 | €10,505 | €10,505 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,623 | €45,916 | +€44,292 | +2728.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.