ADRIAENS JEROEN: 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.
ADRIAENS JEROEN
Largest movements
- Receivables within one year +€60,139
up €60,139 (+134%), from €44,941 to €105,080
of which Trade receivables: +€64,670
- Current investments -€25,000
down €25,000 (-50.0%), from €50,000 to €25,000
- Cash +€9,634
up €9,634 (+55.6%), from €17,324 to €26,959
mainly Current investments (+€25,000) and Net result for the year (+€23,095)
- Stocks and contracts -€2,353
down €2,353 (-9.6%), from €24,490 to €22,138
- Reserves +€23,095
up €23,095 (+28.4%), from €81,389 to €104,484
- Other debts +€12,041
new in 2025: €12,041
- Tax, wage and social debts +€7,021
up €7,021 (+76.3%), from €9,198 to €16,219
of which Remuneration and social security: +€15,083
- Gross operating margin -€20,332
down €20,332 (-38.9%), from €52,260 to €31,928
- Taxes -€7,964
down €7,964 (-47.9%), from €16,641 to €8,677
- Financial income +€701
up €701 (+731%), from €96 to €797
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 | €138,091 | €180,041 | +€41,949 | +30.4% |
| Fixed assets | 21/28 | €541 | €45 | -€496 | -91.7% |
| Tangible fixed assets | 22/27 | €496 | - | -€496 | |
| Furniture and vehicles | 24 | €496 | - | -€496 | |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €137,551 | €179,996 | +€42,445 | +30.9% |
| Stocks and contracts in progress | 3 | €24,490 | €22,138 | -€2,353 | -9.6% |
| Stocks | 30/36 | €24,490 | €22,138 | -€2,353 | -9.6% |
| Amounts receivable within one year | 40/41 | €44,941 | €105,080 | +€60,139 | +134% |
| Trade receivables | 40 | €38,797 | €103,467 | +€64,670 | +167% |
| Other amounts receivable | 41 | €6,145 | €1,614 | -€4,531 | -73.7% |
| Current investments | 50/53 | €50,000 | €25,000 | -€25,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €17,324 | €26,959 | +€9,634 | +55.6% |
| Deferred charges and accrued income | 490/1 | €795 | €819 | +€25 | +3.1% |
| Total equity and liabilities | 10/49 | €138,091 | €180,041 | +€41,949 | +30.4% |
| Equity | 10/15 | €107,494 | €130,589 | +€23,095 | +21.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €81,389 | €104,484 | +€23,095 | +28.4% |
| Distributable reserves | 133 | €81,389 | €104,484 | +€23,095 | +28.4% |
| Profit (loss) carried forward | 14 | €1,105 | €1,105 | = | 0.0% |
| Amounts payable | 17/49 | €30,597 | €49,452 | +€18,854 | +61.6% |
| Amounts payable within one year | 42/48 | €30,597 | €49,452 | +€18,854 | +61.6% |
| Trade debts | 44 | €21,399 | €21,191 | -€208 | -1.0% |
| Suppliers | 440/4 | €21,399 | €21,191 | -€208 | -1.0% |
| Taxes, remuneration and social security | 45 | €9,198 | €16,219 | +€7,021 | +76.3% |
| Taxes | 450/3 | €9,198 | €1,136 | -€8,062 | -87.6% |
| Remuneration and social security | 454/9 | - | €15,083 | +€15,083 | |
| Other amounts payable | 47/48 | - | €12,041 | +€12,041 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €496 | €496 | +€0 | 0.0% |
| Other operating charges | 640/8 | €280 | €369 | +€88 | +31.4% |
| Gross operating margin | 9900 | €52,260 | €31,928 | -€20,332 | -38.9% |
| Operating profit (loss) | 9901 | €51,484 | €31,063 | -€20,420 | -39.7% |
| Financial income | 75/76B | €96 | €797 | +€701 | +731% |
| Recurring financial income | 75 | €96 | €797 | +€701 | +731% |
| Financial charges | 65/66B | €50 | €89 | +€39 | +78.3% |
| Recurring financial charges | 65 | €50 | €89 | +€39 | +78.3% |
| Profit (loss) for the period before taxes | 9903 | €51,530 | €31,772 | -€19,758 | -38.3% |
| Income taxes | 67/77 | €16,641 | €8,677 | -€7,964 | -47.9% |
| Profit (loss) for the period | 9904 | €34,889 | €23,095 | -€11,794 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,889 | €23,095 | -€11,794 | -33.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.