ADRENTA: 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.
ADRENTA
Largest movements
- Cash +€13,233
up €13,233 (+23.9%), from €55,435 to €68,667
mainly Net result for the year (+€22,111) and Depreciation (+€7,009)
- Receivables within one year +€3,282
up €3,282 (+10.2%), from €32,167 to €35,449
of which Trade receivables: +€3,282
- Tangible fixed assets -€3,144
down €3,144 (-5.7%), from €55,478 to €52,334
of which Other tangible fixed assets: -€1,629
- Deferred charges and accrued income +€2,400
up €2,400 (+23.9%), from €10,059 to €12,458
- Reserves +€22,111
up €22,111 (+21.2%), from €104,138 to €126,250
- Debts after one year -€6,976
down €6,976 (-68.3%), from €10,214 to €3,238
- Tax, wage and social debts +€3,953
up €3,953 (+76.2%), from €5,190 to €9,143
- Other debts -€3,879
down €3,879 (-46.8%), from €8,288 to €4,409
- Gross operating margin +€1,129
up €1,129 (+2.9%), from €38,844 to €39,972
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 | €153,649 | €169,473 | +€15,824 | +10.3% |
| Fixed assets | 21/28 | €55,989 | €52,898 | -€3,090 | -5.5% |
| Tangible fixed assets | 22/27 | €55,478 | €52,334 | -€3,144 | -5.7% |
| Land and buildings | 22 | €42,404 | €40,888 | -€1,515 | -3.6% |
| Other tangible fixed assets | 26 | €13,075 | €11,446 | -€1,629 | -12.5% |
| Financial fixed assets | 28 | €510 | €564 | +€54 | +10.5% |
| Current assets | 29/58 | €97,660 | €116,574 | +€18,914 | +19.4% |
| Amounts receivable within one year | 40/41 | €32,167 | €35,449 | +€3,282 | +10.2% |
| Trade receivables | 40 | €3,317 | €6,599 | +€3,282 | +99.0% |
| Other amounts receivable | 41 | €28,850 | €28,850 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €55,435 | €68,667 | +€13,233 | +23.9% |
| Deferred charges and accrued income | 490/1 | €10,059 | €12,458 | +€2,400 | +23.9% |
| Total equity and liabilities | 10/49 | €153,649 | €169,473 | +€15,824 | +10.3% |
| Equity | 10/15 | €122,738 | €144,850 | +€22,111 | +18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €104,138 | €126,250 | +€22,111 | +21.2% |
| Distributable reserves | 133 | €104,138 | €126,250 | +€22,111 | +21.2% |
| Amounts payable | 17/49 | €30,910 | €24,623 | -€6,287 | -20.3% |
| Amounts payable after more than one year | 17 | €10,214 | €3,238 | -€6,976 | -68.3% |
| Financial debts | 170/4 | €10,214 | €3,238 | -€6,976 | -68.3% |
| Amounts payable within one year | 42/48 | €20,696 | €21,385 | +€689 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €6,809 | €6,976 | +€167 | +2.4% |
| Trade debts | 44 | €409 | €857 | +€448 | +109% |
| Suppliers | 440/4 | €409 | €857 | +€448 | +109% |
| Taxes, remuneration and social security | 45 | €5,190 | €9,143 | +€3,953 | +76.2% |
| Taxes | 450/3 | €5,190 | €9,143 | +€3,953 | +76.2% |
| Other amounts payable | 47/48 | €8,288 | €4,409 | -€3,879 | -46.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,009 | €7,009 | = | 0.0% |
| Other operating charges | 640/8 | €1,435 | €1,431 | -€4 | -0.2% |
| Gross operating margin | 9900 | €38,844 | €39,972 | +€1,129 | +2.9% |
| Operating profit (loss) | 9901 | €30,400 | €31,532 | +€1,132 | +3.7% |
| Financial income | 75/76B | €2,388 | €2,539 | +€151 | +6.3% |
| Recurring financial income | 75 | €2,388 | €2,539 | +€151 | +6.3% |
| Financial charges | 65/66B | €773 | €704 | -€69 | -8.9% |
| Recurring financial charges | 65 | €773 | €704 | -€69 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €32,015 | €33,367 | +€1,352 | +4.2% |
| Income taxes | 67/77 | €10,993 | €11,255 | +€263 | +2.4% |
| Profit (loss) for the period | 9904 | €21,022 | €22,111 | +€1,089 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,022 | €22,111 | +€1,089 | +5.2% |
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 19 October 2026 via checked.be.