ADOPT id: 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.
ADOPT id
Largest movements
- Receivables within one year +€44,745
up €44,745 (+60.6%), from €73,847 to €118,592
of which Other amounts receivable: +€79,307
- Cash +€36,690
up €36,690 (+521.7%), from €7,033 to €43,723
mainly Net result for the year (+€105,447) and Depreciation (+€45,239)
- Tangible fixed assets -€21,945
down €21,945 (-5.4%), from €406,858 to €384,912
of which Leasing and similar rights: -€21,152
- Financial fixed assets -€18,411
down €18,411 (-100.0%), from €18,411 to €0
- Deferred charges and accrued income -€15,782
down €15,782 (-89.9%), from €17,547 to €1,765
- Reserves +€105,447
up €105,447 (+68.5%), from €154,004 to €259,451
of which Distributable reserves: +€112,157
- Debts after one year -€49,942
down €49,942 (-28.5%), from €175,235 to €125,293
- Other debts -€19,541
down €19,541 (-58.5%), from €33,405 to €13,864
- Trade debts -€17,713
down €17,713 (-50.2%), from €35,313 to €17,600
- Tax, wage and social debts +€5,972
up €5,972 (+61.1%), from €9,772 to €15,744
- Financial income +€161,599
up €161,599, from €0 to €161,599
of which Non-recurring financial income: +€161,589
- Gross operating margin -€15,190
down €15,190 (-33.9%), from €44,803 to €29,614
- Other operating charges +€13,622
up €13,622 (+165.3%), from €8,242 to €21,864
- Taxes +€10,742
up €10,742 (+6731.1%), from €160 to €10,902
- Write-downs +€3,852
up €3,852, from -€3,852 to €0
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 | €523,696 | €548,992 | +€25,296 | +4.8% |
| Fixed assets | 21/28 | €425,268 | €384,912 | -€40,356 | -9.5% |
| Tangible fixed assets | 22/27 | €406,858 | €384,912 | -€21,945 | -5.4% |
| Land and buildings | 22 | €338,809 | €329,653 | -€9,156 | -2.7% |
| Plant, machinery and equipment | 23 | €9,360 | €17,723 | +€8,362 | +89.3% |
| Leasing and similar rights | 25 | €58,689 | €37,537 | -€21,152 | -36.0% |
| Financial fixed assets | 28 | €18,411 | €0 | -€18,411 | -100.0% |
| Current assets | 29/58 | €98,428 | €164,080 | +€65,652 | +66.7% |
| Amounts receivable within one year | 40/41 | €73,847 | €118,592 | +€44,745 | +60.6% |
| Trade receivables | 40 | €59,752 | €25,189 | -€34,563 | -57.8% |
| Other amounts receivable | 41 | €14,095 | €93,402 | +€79,307 | +562.7% |
| Cash at bank and in hand | 54/58 | €7,033 | €43,723 | +€36,690 | +521.7% |
| Deferred charges and accrued income | 490/1 | €17,547 | €1,765 | -€15,782 | -89.9% |
| Total equity and liabilities | 10/49 | €523,696 | €548,992 | +€25,296 | +4.8% |
| Equity | 10/15 | €221,101 | €326,549 | +€105,447 | +47.7% |
| Contributions | 10/11 | €67,097 | €67,097 | = | 0.0% |
| Reserves | 13 | €154,004 | €259,451 | +€105,447 | +68.5% |
| Non-distributable reserves | 130/1 | €6,710 | €0 | -€6,710 | -100.0% |
| Reserves not available under the articles | 1311 | €6,710 | €0 | -€6,710 | -100.0% |
| Distributable reserves | 133 | €147,294 | €259,451 | +€112,157 | +76.1% |
| Amounts payable | 17/49 | €302,595 | €222,443 | -€80,152 | -26.5% |
| Amounts payable after more than one year | 17 | €175,235 | €125,293 | -€49,942 | -28.5% |
| Financial debts | 170/4 | €175,235 | €125,293 | -€49,942 | -28.5% |
| Amounts payable within one year | 42/48 | €127,360 | €97,150 | -€30,210 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €48,870 | €49,942 | +€1,072 | +2.2% |
| Trade debts | 44 | €35,313 | €17,600 | -€17,713 | -50.2% |
| Suppliers | 440/4 | €35,313 | €17,600 | -€17,713 | -50.2% |
| Taxes, remuneration and social security | 45 | €9,772 | €15,744 | +€5,972 | +61.1% |
| Taxes | 450/3 | €9,772 | €15,744 | +€5,972 | +61.1% |
| Other amounts payable | 47/48 | €33,405 | €13,864 | -€19,541 | -58.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,721 | €45,239 | +€3,519 | +8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,852 | €0 | +€3,852 | |
| Other operating charges | 640/8 | €8,242 | €21,864 | +€13,622 | +165.3% |
| Gross operating margin | 9900 | €44,803 | €29,614 | -€15,190 | -33.9% |
| Operating profit (loss) | 9901 | -€1,308 | -€37,490 | -€36,182 | -2767.1% |
| Financial income | 75/76B | €0 | €161,599 | +€161,599 | |
| Recurring financial income | 75 | €0 | €10 | +€10 | |
| Non-recurring financial income | 76B | - | €161,589 | +€161,589 | |
| Financial charges | 65/66B | €5,872 | €7,760 | +€1,889 | +32.2% |
| Recurring financial charges | 65 | €5,872 | €7,760 | +€1,889 | +32.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,179 | €116,349 | +€123,528 | |
| Income taxes | 67/77 | €160 | €10,902 | +€10,742 | +6731.1% |
| Profit (loss) for the period | 9904 | -€7,339 | €105,447 | +€112,786 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,339 | €105,447 | +€112,786 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.