ADOSE ADOSELLI: 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.
ADOSE ADOSELLI
Largest movements
- Stocks and contracts -€13,123
down €13,123 (-19.7%), from €66,543 to €53,419
- Tangible fixed assets +€12,762
up €12,762 (+567%), from €2,252 to €15,014
of which Furniture and vehicles: +€13,281
- Receivables within one year -€7,701
down €7,701 (-79.3%), from €9,707 to €2,006
- Cash +€6,614
up €6,614 (+292%), from €2,267 to €8,880
mainly Stocks and contracts (+€13,123) and Receivables within one year (+€7,701)
- Trade debts -€17,740
down €17,740 (-41.0%), from €43,309 to €25,569
- Tax, wage and social debts +€7,581
up €7,581 (+134%), from €5,643 to €13,224
of which Remuneration and social security: +€6,442
- Other debts +€5,490
up €5,490 (+22.6%), from €24,312 to €29,802
- Profit (loss) carried forward +€3,184
up €3,184 (+25.2%), from -€12,614 to -€9,430
- Contributions +€1,860
up €1,860 (+10.0%), from €18,600 to €20,460
- Gross operating margin +€47,808
up €47,808 (+557%), from €8,590 to €56,398
- Staff costs +€47,601
up €47,601 (+6,364%), from €748 to €48,349
- Other operating charges +€1,755
up €1,755 (+157%), from €1,115 to €2,870
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 | €81,109 | €79,625 | -€1,485 | -1.8% |
| Fixed assets | 21/28 | €2,437 | €15,199 | +€12,762 | +524% |
| Tangible fixed assets | 22/27 | €2,252 | €15,014 | +€12,762 | +567% |
| Furniture and vehicles | 24 | €1,734 | €15,014 | +€13,281 | +766% |
| Other tangible fixed assets | 26 | €518 | - | -€518 | |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €78,673 | €64,425 | -€14,247 | -18.1% |
| Stocks and contracts in progress | 3 | €66,543 | €53,419 | -€13,123 | -19.7% |
| Stocks | 30/36 | €66,543 | €53,419 | -€13,123 | -19.7% |
| Amounts receivable within one year | 40/41 | €9,707 | €2,006 | -€7,701 | -79.3% |
| Trade receivables | 40 | €9,707 | €2,006 | -€7,701 | -79.3% |
| Cash at bank and in hand | 54/58 | €2,267 | €8,880 | +€6,614 | +292% |
| Deferred charges and accrued income | 490/1 | €156 | €119 | -€37 | -23.8% |
| Total equity and liabilities | 10/49 | €81,109 | €79,625 | -€1,485 | -1.8% |
| Equity | 10/15 | €7,846 | €11,030 | +€3,184 | +40.6% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Other | 1319 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€12,614 | -€9,430 | +€3,184 | +25.2% |
| Amounts payable | 17/49 | €73,263 | €68,595 | -€4,669 | -6.4% |
| Amounts payable within one year | 42/48 | €73,263 | €68,595 | -€4,669 | -6.4% |
| Trade debts | 44 | €43,309 | €25,569 | -€17,740 | -41.0% |
| Suppliers | 440/4 | €43,309 | €25,569 | -€17,740 | -41.0% |
| Taxes, remuneration and social security | 45 | €5,643 | €13,224 | +€7,581 | +134% |
| Taxes | 450/3 | €4,555 | €5,693 | +€1,139 | +25.0% |
| Remuneration and social security | 454/9 | €1,088 | €7,531 | +€6,442 | +592% |
| Other amounts payable | 47/48 | €24,312 | €29,802 | +€5,490 | +22.6% |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Remuneration, social security and pensions | 62 | €748 | €48,349 | +€47,601 | +6,364% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,494 | €1,796 | +€302 | +20.2% |
| Other operating charges | 640/8 | €1,115 | €2,870 | +€1,755 | +157% |
| Non-recurring operating charges | 66A | €178 | - | -€178 | |
| Gross operating margin | 9900 | €8,590 | €56,398 | +€47,808 | +557% |
| Operating profit (loss) | 9901 | €5,055 | €3,383 | -€1,672 | -33.1% |
| Financial income | 75/76B | - | €285 | +€285 | |
| Recurring financial income | 75 | - | €285 | +€285 | |
| Financial charges | 65/66B | €197 | €344 | +€147 | +74.9% |
| Recurring financial charges | 65 | €197 | €344 | +€147 | +74.9% |
| Profit (loss) for the period before taxes | 9903 | €4,859 | €3,325 | -€1,534 | -31.6% |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | €4,859 | €3,184 | -€1,675 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,859 | €3,184 | -€1,675 | -34.5% |
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.