ADRI: 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.
ADRI
Largest movements
- Cash +€25,855
up €25,855 (+66.1%), from €39,113 to €64,968
mainly Net result for the year (+€52,296) and Tax, wage and social debts (+€14,400)
- Receivables within one year +€5,339
up €5,339 (+321%), from €1,666 to €7,005
of which Other amounts receivable: +€2,904
- Tangible fixed assets -€1,167
down €1,167 (-58.1%), from €2,008 to €842
- Tax, wage and social debts +€14,400
up €14,400 (+2,320%), from €621 to €15,021
- Other debts +€11,331
up €11,331 (+526%), from €2,155 to €13,486
- Reserves +€4,296
up €4,296 (+12.3%), from €35,011 to €39,308
- Gross operating margin +€20,623
up €20,623 (+38.8%), from €53,096 to €73,719
- Taxes +€5,975
up €5,975 (+43.9%), from €13,621 to €19,596
- Financial charges -€2,154
down €2,154 (-97.9%), from €2,200 to €46
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 | €42,787 | €72,815 | +€30,028 | +70.2% |
| Fixed assets | 21/28 | €2,008 | €842 | -€1,167 | -58.1% |
| Tangible fixed assets | 22/27 | €2,008 | €842 | -€1,167 | -58.1% |
| Furniture and vehicles | 24 | €2,008 | €842 | -€1,167 | -58.1% |
| Current assets | 29/58 | €40,779 | €71,973 | +€31,194 | +76.5% |
| Amounts receivable within one year | 40/41 | €1,666 | €7,005 | +€5,339 | +321% |
| Trade receivables | 40 | €1,666 | €4,101 | +€2,435 | +146% |
| Other amounts receivable | 41 | - | €2,904 | +€2,904 | |
| Cash at bank and in hand | 54/58 | €39,113 | €64,968 | +€25,855 | +66.1% |
| Total equity and liabilities | 10/49 | €42,787 | €72,815 | +€30,028 | +70.2% |
| Equity | 10/15 | €40,011 | €44,308 | +€4,296 | +10.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €35,011 | €39,308 | +€4,296 | +12.3% |
| Distributable reserves | 133 | €35,011 | €39,308 | +€4,296 | +12.3% |
| Amounts payable | 17/49 | €2,776 | €28,507 | +€25,731 | +927% |
| Amounts payable within one year | 42/48 | €2,776 | €28,507 | +€25,731 | +927% |
| Taxes, remuneration and social security | 45 | €621 | €15,021 | +€14,400 | +2,320% |
| Taxes | 450/3 | €621 | €15,021 | +€14,400 | +2,320% |
| Other amounts payable | 47/48 | €2,155 | €13,486 | +€11,331 | +526% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,492 | €1,167 | -€325 | -21.8% |
| Other operating charges | 640/8 | €782 | €614 | -€168 | -21.5% |
| Gross operating margin | 9900 | €53,096 | €73,719 | +€20,623 | +38.8% |
| Operating profit (loss) | 9901 | €50,823 | €71,938 | +€21,116 | +41.5% |
| Financial income | 75/76B | €9 | €0 | -€9 | -97.2% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -97.2% |
| Financial charges | 65/66B | €2,200 | €46 | -€2,154 | -97.9% |
| Recurring financial charges | 65 | €2,200 | €46 | -€2,154 | -97.9% |
| Profit (loss) for the period before taxes | 9903 | €48,632 | €71,892 | +€23,261 | +47.8% |
| Income taxes | 67/77 | €13,621 | €19,596 | +€5,975 | +43.9% |
| Profit (loss) for the period | 9904 | €35,011 | €52,296 | +€17,285 | +49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,011 | €52,296 | +€17,285 | +49.4% |
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 17 October 2026 via checked.be.