Adoré Antwerp: 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.
Adoré Antwerp
Largest movements
- Stocks and contracts +€38,788
up €38,788 (+283%), from €13,707 to €52,495
- Receivables within one year -€3,358
down €3,358 (-100.0%), from €3,359 to €2
- Tangible fixed assets -€2,920
no longer reported in 2024 (was €2,920)
of which Other tangible fixed assets: -€1,520
- Cash +€2,370
up €2,370 (+39.5%), from €5,996 to €8,367
mainly Other debts (+€22,385) and Net result for the year (+€10,839)
- Financial fixed assets +€1,200
up €1,200 (+50.0%), from €2,400 to €3,600
- Other debts +€22,385
up €22,385 (+272%), from €8,231 to €30,616
- Profit (loss) carried forward +€10,839
up €10,839 (+27.9%), from -€38,835 to -€27,996
- Tax, wage and social debts +€2,426
up €2,426 (+64.6%), from €3,753 to €6,179
- Depreciation -€4,959
down €4,959 (-62.9%), from €7,879 to €2,920
- Gross operating margin +€4,126
up €4,126 (+20.6%), from €19,986 to €24,112
- Other operating charges +€3,743
up €3,743 (+441%), from €848 to €4,591
- Financial charges +€2,574
up €2,574 (+95.0%), from €2,711 to €5,285
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,685 | €64,463 | +€35,778 | +125% |
| Fixed assets | 21/28 | €5,320 | €3,600 | -€1,720 | -32.3% |
| Tangible fixed assets | 22/27 | €2,920 | - | -€2,920 | |
| Furniture and vehicles | 24 | €1,400 | - | -€1,400 | |
| Other tangible fixed assets | 26 | €1,520 | - | -€1,520 | |
| Financial fixed assets | 28 | €2,400 | €3,600 | +€1,200 | +50.0% |
| Current assets | 29/58 | €23,366 | €60,863 | +€37,498 | +160% |
| Stocks and contracts in progress | 3 | €13,707 | €52,495 | +€38,788 | +283% |
| Stocks | 30/36 | €13,707 | €52,495 | +€38,788 | +283% |
| Amounts receivable within one year | 40/41 | €3,359 | €2 | -€3,358 | -100.0% |
| Other amounts receivable | 41 | €3,359 | €2 | -€3,358 | -100.0% |
| Cash at bank and in hand | 54/58 | €5,996 | €8,367 | +€2,370 | +39.5% |
| Deferred charges and accrued income | 490/1 | €303 | - | -€303 | |
| Total equity and liabilities | 10/49 | €28,685 | €64,463 | +€35,778 | +125% |
| Equity | 10/15 | -€13,830 | -€2,991 | +€10,839 | +78.4% |
| Contributions | 10/11 | €25,005 | €25,005 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,835 | -€27,996 | +€10,839 | +27.9% |
| Amounts payable | 17/49 | €42,515 | €67,454 | +€24,939 | +58.7% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Financial debts | 170/4 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,515 | €42,454 | +€24,939 | +142% |
| Trade debts | 44 | €5,531 | €5,658 | +€127 | +2.3% |
| Suppliers | 440/4 | €5,531 | €5,658 | +€127 | +2.3% |
| Taxes, remuneration and social security | 45 | €3,753 | €6,179 | +€2,426 | +64.6% |
| Taxes | 450/3 | €3,753 | €6,179 | +€2,426 | +64.6% |
| Other amounts payable | 47/48 | €8,231 | €30,616 | +€22,385 | +272% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,879 | €2,920 | -€4,959 | -62.9% |
| Other operating charges | 640/8 | €848 | €4,591 | +€3,743 | +441% |
| Gross operating margin | 9900 | €19,986 | €24,112 | +€4,126 | +20.6% |
| Operating profit (loss) | 9901 | €11,259 | €16,602 | +€5,343 | +47.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,711 | €5,285 | +€2,574 | +95.0% |
| Recurring financial charges | 65 | €2,711 | €5,285 | +€2,574 | +95.0% |
| Profit (loss) for the period before taxes | 9903 | €8,548 | €11,318 | +€2,770 | +32.4% |
| Income taxes | 67/77 | €340 | €479 | +€139 | +40.8% |
| Profit (loss) for the period | 9904 | €8,208 | €10,839 | +€2,631 | +32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,208 | €10,839 | +€2,631 | +32.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.