Adriaens Beheer: what changed
Adriaens Beheer
Largest movements
- Tangible fixed assets -€14,126
down €14,126 (-6.3%), from €224,431 to €210,305
- Cash -€12,204
down €12,204 (-32.1%), from €38,005 to €25,801
mainly Net result for the year (-€15,364) and Receivables within one year (-€8,391)
- Receivables within one year +€8,391
up €8,391 (+4.3%), from €194,262 to €202,652
- Reserves -€15,364
down €15,364 (-4.6%), from €335,850 to €320,486
of which Distributable reserves: -€15,364
- Gross operating margin -€30,279
down €30,279, from €26,691 to -€3,588
- Other operating charges -€9,597
down €9,597 (-84.0%), from €11,419 to €1,822
- Financial income +€1,094
up €1,094 (+30.6%), from €3,580 to €4,674
- Taxes -€519
down €519 (-58.7%), from €883 to €364
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €457,175 | €443,730 | -€13,445 | -2.9% |
| Fixed assets | 21/28 | €224,431 | €210,305 | -€14,126 | -6.3% |
| Tangible fixed assets | 22/27 | €224,431 | €210,305 | -€14,126 | -6.3% |
| Land and buildings | 22 | €224,431 | €210,305 | -€14,126 | -6.3% |
| Current assets | 29/58 | €232,743 | €233,425 | +€681 | +0.3% |
| Amounts receivable within one year | 40/41 | €194,262 | €202,652 | +€8,391 | +4.3% |
| Other amounts receivable | 41 | €194,262 | €202,652 | +€8,391 | +4.3% |
| Cash at bank and in hand | 54/58 | €38,005 | €25,801 | -€12,204 | -32.1% |
| Deferred charges and accrued income | 490/1 | €476 | €4,971 | +€4,495 | +944% |
| Total equity and liabilities | 10/49 | €457,175 | €443,730 | -€13,445 | -2.9% |
| Equity | 10/15 | €450,525 | €435,161 | -€15,364 | -3.4% |
| Contributions | 10/11 | €114,675 | €114,675 | = | 0.0% |
| Contributions outside capital | 11 | €114,675 | - | -€114,675 | |
| Other | 1109/19 | €114,675 | - | -€114,675 | |
| Reserves | 13 | €335,850 | €320,486 | -€15,364 | -4.6% |
| Non-distributable reserves | 130/1 | €11,468 | €11,468 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,468 | €11,468 | = | 0.0% |
| Distributable reserves | 133 | €324,383 | €309,018 | -€15,364 | -4.7% |
| Amounts payable | 17/49 | €6,650 | €8,569 | +€1,919 | +28.9% |
| Amounts payable within one year | 42/48 | €5,440 | €5,494 | +€55 | +1.0% |
| Trade debts | 44 | €2,271 | €4,247 | +€1,976 | +87.0% |
| Suppliers | 440/4 | €2,271 | €4,247 | +€1,976 | +87.0% |
| Taxes, remuneration and social security | 45 | €3,168 | €1,247 | -€1,921 | -60.6% |
| Taxes | 450/3 | €3,168 | €1,247 | -€1,921 | -60.6% |
| Accrued charges and deferred income | 492/3 | €1,210 | €3,075 | +€1,865 | +154% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,126 | €14,126 | -€0 | 0.0% |
| Other operating charges | 640/8 | €11,419 | €1,822 | -€9,597 | -84.0% |
| Gross operating margin | 9900 | €26,691 | -€3,588 | -€30,279 | |
| Operating profit (loss) | 9901 | €1,147 | -€19,536 | -€20,683 | |
| Financial income | 75/76B | €3,580 | €4,674 | +€1,094 | +30.6% |
| Recurring financial income | 75 | €3,580 | €4,674 | +€1,094 | +30.6% |
| Financial charges | 65/66B | €150 | €138 | -€12 | -7.9% |
| Recurring financial charges | 65 | €150 | €138 | -€12 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €4,577 | -€15,000 | -€19,576 | |
| Income taxes | 67/77 | €883 | €364 | -€519 | -58.7% |
| Profit (loss) for the period | 9904 | €3,694 | -€15,364 | -€19,058 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,694 | -€15,364 | -€19,058 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.