ADRIA GROUP: 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.
ADRIA GROUP
Largest movements
- Receivables within one year +€30,377
up €30,377 (+257%), from €11,814 to €42,191
of which Trade receivables: +€28,791
- Cash -€9,914
down €9,914 (-59.3%), from €16,716 to €6,802
mainly Receivables within one year (-€30,377) and Trade debts (-€13,169)
- Tangible fixed assets +€4,995
new in 2025: €4,995
of which Furniture and vehicles: +€3,956
- Profit (loss) carried forward +€39,002
up €39,002 (+1,687%), from €2,312 to €41,314
- Trade debts -€13,169
down €13,169 (-54.6%), from €24,118 to €10,949
- Gross operating margin +€42,937
up €42,937, from -€2,759 to €40,178
- Other operating charges -€557
down €557 (-43.0%), from €1,295 to €738
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 | €28,630 | €54,463 | +€25,833 | +90.2% |
| Fixed assets | 21/28 | €100 | €5,095 | +€4,995 | +4,995% |
| Tangible fixed assets | 22/27 | - | €4,995 | +€4,995 | |
| Plant, machinery and equipment | 23 | - | €1,039 | +€1,039 | |
| Furniture and vehicles | 24 | - | €3,956 | +€3,956 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €28,530 | €49,368 | +€20,838 | +73.0% |
| Amounts receivable within one year | 40/41 | €11,814 | €42,191 | +€30,377 | +257% |
| Trade receivables | 40 | €7,352 | €36,143 | +€28,791 | +392% |
| Other amounts receivable | 41 | €4,462 | €6,048 | +€1,586 | +35.5% |
| Cash at bank and in hand | 54/58 | €16,716 | €6,802 | -€9,914 | -59.3% |
| Deferred charges and accrued income | 490/1 | - | €375 | +€375 | |
| Total equity and liabilities | 10/49 | €28,630 | €54,463 | +€25,833 | +90.2% |
| Equity | 10/15 | €4,512 | €43,514 | +€39,002 | +865% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,312 | €41,314 | +€39,002 | +1,687% |
| Amounts payable | 17/49 | €24,118 | €10,949 | -€13,169 | -54.6% |
| Amounts payable within one year | 42/48 | €24,118 | €10,949 | -€13,169 | -54.6% |
| Trade debts | 44 | €24,118 | €10,949 | -€13,169 | -54.6% |
| Suppliers | 440/4 | €24,118 | €10,949 | -€13,169 | -54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €198 | +€198 | |
| Other operating charges | 640/8 | €1,295 | €738 | -€557 | -43.0% |
| Non-recurring operating charges | 66A | €383 | €132 | -€252 | -65.7% |
| Gross operating margin | 9900 | -€2,759 | €40,178 | +€42,937 | |
| Operating profit (loss) | 9901 | -€4,437 | €39,110 | +€43,548 | |
| Financial charges | 65/66B | €116 | €108 | -€8 | -6.9% |
| Recurring financial charges | 65 | €116 | €108 | -€8 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,553 | €39,002 | +€43,556 | |
| Profit (loss) for the period | 9904 | -€4,553 | €39,002 | +€43,556 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,553 | €39,002 | +€43,556 |
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 26 October 2026 via checked.be.