ADP16 Brussels: 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.
ADP16 Brussels
Largest movements
- Receivables within one year +€1.1m
up €1.1m (+721%), from €149,270 to €1.2m
of which Trade receivables: +€1.1m
- Tangible fixed assets -€649,249
down €649,249 (-5.0%), from €13.1m to €12.4m
- Debts after one year -€1.3m
down €1.3m (-9.1%), from €14.3m to €13.0m
- Accrued charges and deferred income +€1.1m
new in 2025: €1.1m
- Profit (loss) carried forward +€323,544
up €323,544 (+1,103%), from €29,338 to €352,882
- Turnover -€2.1m
no longer reported in 2025 (was €2.1m)
- Purchases and services -€322,955
no longer reported in 2025 (was €322,955)
- Gross operating margin +€105,084
up €105,084 (+4.2%), from €2.5m to €2.6m
- Taxes +€69,860
up €69,860 (+56.5%), from €123,603 to €193,463
- Other operating charges +€43,532
up €43,532 (+6.8%), from €643,565 to €687,097
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 | €14,788,566 | €15,176,903 | +€388,337 | +2.6% |
| Fixed assets | 21/28 | €13,061,924 | €12,412,675 | -€649,249 | -5.0% |
| Tangible fixed assets | 22/27 | €13,061,924 | €12,412,675 | -€649,249 | -5.0% |
| Land and buildings | 22 | €13,061,924 | €12,412,675 | -€649,249 | -5.0% |
| Current assets | 29/58 | €1,726,641 | €2,764,228 | +€1.0m | +60.1% |
| Amounts receivable within one year | 40/41 | €149,270 | €1,225,349 | +€1.1m | +721% |
| Trade receivables | 40 | €113,270 | €1,189,349 | +€1.1m | +950% |
| Other amounts receivable | 41 | €36,000 | €36,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €321,375 | €423,884 | +€102,509 | +31.9% |
| Deferred charges and accrued income | 490/1 | €1,255,996 | €1,114,994 | -€141,002 | -11.2% |
| Total equity and liabilities | 10/49 | €14,788,566 | €15,176,903 | +€388,337 | +2.6% |
| Equity | 10/15 | €47,939 | €371,483 | +€323,544 | +675% |
| Contributions | 10/11 | €18,601 | €18,601 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,338 | €352,882 | +€323,544 | +1,103% |
| Amounts payable | 17/49 | €14,740,627 | €14,805,420 | +€64,793 | +0.4% |
| Amounts payable after more than one year | 17 | €14,254,611 | €12,960,364 | -€1.3m | -9.1% |
| Other amounts payable | 178/9 | €14,254,611 | €12,960,364 | -€1.3m | -9.1% |
| Amounts payable within one year | 42/48 | €486,016 | €695,221 | +€209,205 | +43.0% |
| Current portion of amounts payable after more than one year | 42 | €261,886 | €280,134 | +€18,247 | +7.0% |
| Trade debts | 44 | €30,672 | €74,003 | +€43,331 | +141% |
| Suppliers | 440/4 | €30,672 | €74,003 | +€43,331 | +141% |
| Taxes, remuneration and social security | 45 | €170,867 | €318,495 | +€147,628 | +86.4% |
| Taxes | 450/3 | €170,867 | €318,495 | +€147,628 | +86.4% |
| Other amounts payable | 47/48 | €22,590 | €22,590 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,149,835 | +€1.1m | |
| Turnover | 70 | €2,110,270 | - | -€2.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | €322,955 | - | -€322,955 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €649,249 | €649,249 | +€0 | 0.0% |
| Other operating charges | 640/8 | €643,565 | €687,097 | +€43,532 | +6.8% |
| Gross operating margin | 9900 | €2,506,269 | €2,611,353 | +€105,084 | +4.2% |
| Operating profit (loss) | 9901 | €1,213,455 | €1,275,006 | +€61,552 | +5.1% |
| Financial income | 75/76B | €0 | €1,761 | +€1,761 | |
| Recurring financial income | 75 | €0 | €1,761 | +€1,761 | |
| Financial charges | 65/66B | €794,920 | €759,761 | -€35,159 | -4.4% |
| Recurring financial charges | 65 | €794,920 | €759,761 | -€35,159 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €418,535 | €517,007 | +€98,472 | +23.5% |
| Income taxes | 67/77 | €123,603 | €193,463 | +€69,860 | +56.5% |
| Profit (loss) for the period | 9904 | €294,932 | €323,544 | +€28,612 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €294,932 | €323,544 | +€28,612 | +9.7% |
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 20 October 2026 via checked.be.