ADR BUILDING: 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.
ADR BUILDING
Largest movements
- Current assets -€10,054
down €10,054 (-52.8%), from €19,058 to €9,004
- Tangible fixed assets -€7,168
down €7,168 (-20.8%), from €34,532 to €27,364
- Equity -€12,264
down €12,264 (-630%), from -€1,948 to -€14,212
of which Profit (loss) carried forward: -€12,264
- Debts within one year -€8,920
down €8,920 (-28.0%), from €31,821 to €22,901
of which Trade debts: -€16,545
- Debts after one year +€3,962
up €3,962 (+16.7%), from €23,716 to €27,678
- Depreciation +€6,251
up €6,251 (+682%), from €917 to €7,168
- Gross operating margin +€4,196
up €4,196 (+61.5%), from -€6,823 to -€2,627
- Financial charges +€2,149
new in 2021: €2,149
- Other operating charges +€470
new in 2021: €470
- Financial income +€150
new in 2021: €150
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,589 | €36,368 | -€17,221 | -32.1% |
| Fixed assets | 21/28 | €34,532 | €27,364 | -€7,168 | -20.8% |
| Tangible fixed assets | 22/27 | €34,532 | €27,364 | -€7,168 | -20.8% |
| Leasing and similar rights | 25 | - | €27,364 | +€27,364 | |
| Current assets | 29/58 | €19,058 | €9,004 | -€10,054 | -52.8% |
| Amounts receivable within one year | 40/41 | €12,833 | €8,899 | -€3,934 | -30.7% |
| Other amounts receivable | 41 | - | €8,899 | +€8,899 | |
| Cash at bank and in hand | 54/58 | €2,044 | €105 | -€1,939 | -94.9% |
| Total equity and liabilities | 10/49 | €53,589 | €36,368 | -€17,221 | -32.1% |
| Equity | 10/15 | -€1,948 | -€14,212 | -€12,264 | -630% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €2,326 | €2,326 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €100 | +€100 | |
| Reserves not available under the articles | 1311 | - | €100 | +€100 | |
| Distributable reserves | 133 | - | €2,226 | +€2,226 | |
| Profit (loss) carried forward | 14 | -€22,874 | -€35,138 | -€12,264 | -53.6% |
| Amounts payable | 17/49 | €55,537 | €50,579 | -€4,957 | -8.9% |
| Amounts payable after more than one year | 17 | €23,716 | €27,678 | +€3,962 | +16.7% |
| Financial debts | 170/4 | - | €27,678 | +€27,678 | |
| Amounts payable within one year | 42/48 | €31,821 | €22,901 | -€8,920 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | - | €16,551 | +€16,551 | |
| Trade debts | 44 | €19,595 | €3,050 | -€16,545 | -84.4% |
| Suppliers | 440/4 | - | €3,050 | +€3,050 | |
| Taxes, remuneration and social security | 45 | - | €3,300 | +€3,300 | |
| Taxes | 450/3 | - | €3,300 | +€3,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €917 | €7,168 | +€6,251 | +682% |
| Other operating charges | 640/8 | - | €470 | +€470 | |
| Gross operating margin | 9900 | -€6,823 | -€2,627 | +€4,196 | +61.5% |
| Operating profit (loss) | 9901 | -€9,051 | -€10,265 | -€1,214 | -13.4% |
| Financial income | 75/76B | - | €150 | +€150 | |
| Recurring financial income | 75 | €204 | €150 | -€54 | -26.6% |
| Financial charges | 65/66B | - | €2,149 | +€2,149 | |
| Recurring financial charges | 65 | €463 | €2,149 | +€1,686 | +364% |
| Profit (loss) for the period before taxes | 9903 | -€9,310 | -€12,264 | -€2,954 | -31.7% |
| Profit (loss) for the period | 9904 | -€9,310 | -€12,264 | -€2,954 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,310 | -€12,264 | -€2,954 | -31.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.