ADOLFI PC: 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.
ADOLFI PC
Largest movements
- Stocks and contracts +€576
up €576 (+3.5%), from €16,557 to €17,133
- Short-term financial debts -€4,643
no longer reported in 2025 (was €4,643)
- Profit (loss) carried forward +€4,228
up €4,228 (+47.1%), from -€8,979 to -€4,751
- Other debts +€405
up €405 (+4.8%), from €8,510 to €8,915
- Trade debts +€375
up €375 (+17.6%), from €2,128 to €2,503
- Gross operating margin +€4,744
up €4,744 (+310%), from €1,531 to €6,275
- Taxes +€1,597
new in 2025: €1,597
- Other operating charges -€483
down €483 (-91.5%), from €528 to €45
- Financial charges -€400
down €400 (-49.7%), from €805 to €405
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 | €25,448 | €25,813 | +€365 | +1.4% |
| Current assets | 29/58 | €25,448 | €25,813 | +€365 | +1.4% |
| Stocks and contracts in progress | 3 | €16,557 | €17,133 | +€576 | +3.5% |
| Stocks | 30/36 | €16,557 | €17,133 | +€576 | +3.5% |
| Amounts receivable within one year | 40/41 | €7,578 | €7,524 | -€54 | -0.7% |
| Trade receivables | 40 | €4,905 | €4,846 | -€59 | -1.2% |
| Other amounts receivable | 41 | €2,673 | €2,678 | +€5 | +0.2% |
| Cash at bank and in hand | 54/58 | €1,313 | €1,156 | -€157 | -12.0% |
| Total equity and liabilities | 10/49 | €25,448 | €25,813 | +€365 | +1.4% |
| Equity | 10/15 | €10,167 | €14,395 | +€4,228 | +41.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €554 | €554 | = | 0.0% |
| Non-distributable reserves | 130/1 | €554 | - | -€554 | |
| Reserves not available under the articles | 1311 | €554 | - | -€554 | |
| Distributable reserves | 133 | - | €554 | +€554 | |
| Profit (loss) carried forward | 14 | -€8,979 | -€4,751 | +€4,228 | +47.1% |
| Amounts payable | 17/49 | €15,281 | €11,418 | -€3,863 | -25.3% |
| Amounts payable within one year | 42/48 | €15,281 | €11,418 | -€3,863 | -25.3% |
| Financial debts | 43 | €4,643 | - | -€4,643 | |
| Credit institutions | 430/8 | €4,643 | - | -€4,643 | |
| Trade debts | 44 | €2,128 | €2,503 | +€375 | +17.6% |
| Suppliers | 440/4 | €2,128 | €2,503 | +€375 | +17.6% |
| Other amounts payable | 47/48 | €8,510 | €8,915 | +€405 | +4.8% |
| Other operating charges | 640/8 | €528 | €45 | -€483 | -91.5% |
| Gross operating margin | 9900 | €1,531 | €6,275 | +€4,744 | +310% |
| Operating profit (loss) | 9901 | €1,003 | €6,230 | +€5,227 | +521% |
| Financial charges | 65/66B | €805 | €405 | -€400 | -49.7% |
| Recurring financial charges | 65 | €805 | €405 | -€400 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | €198 | €5,825 | +€5,627 | +2,842% |
| Income taxes | 67/77 | - | €1,597 | +€1,597 | |
| Profit (loss) for the period | 9904 | €198 | €4,228 | +€4,030 | +2,035% |
| Profit (loss) for the period to be appropriated | 9905 | €198 | €4,228 | +€4,030 | +2,035% |
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 14 October 2026 via checked.be.