ADRIAL: 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.
ADRIAL
Largest movements
- Receivables within one year -€19,112
down €19,112 (-30.0%), from €63,626 to €44,515
of which Trade receivables: -€11,763
- Cash +€9,765
up €9,765 (+286.9%), from €3,404 to €13,169
mainly Receivables within one year (+€19,112) and Trade debts (+€12,258)
- Tangible fixed assets -€1,123
no longer reported in 2025 (was €1,123)
- Profit (loss) carried forward -€26,826
down €26,826 (-58.7%), from €45,716 to €18,889
- Trade debts +€12,258
up €12,258 (+120.8%), from €10,144 to €22,402
- Tax, wage and social debts +€4,099
up €4,099 (+56.2%), from €7,294 to €11,393
- Gross operating margin -€8,936
down €8,936 (-35.6%), from €25,131 to €16,195
- Financial charges -€1,643
down €1,643 (-35.0%), from €4,694 to €3,052
- Depreciation -€1,612
down €1,612 (-58.9%), from €2,736 to €1,123
- Other operating charges +€1,329
up €1,329 (+32.2%), from €4,133 to €5,463
- Taxes -€463
down €463 (-11.9%), from €3,877 to €3,414
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.
Cash bridge derived
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 | €68,153 | €57,684 | -€10,469 | -15.4% |
| Fixed assets | 21/28 | €1,123 | - | -€1,123 | |
| Tangible fixed assets | 22/27 | €1,123 | - | -€1,123 | |
| Plant, machinery and equipment | 23 | €1,123 | - | -€1,123 | |
| Current assets | 29/58 | €67,030 | €57,684 | -€9,346 | -13.9% |
| Amounts receivable within one year | 40/41 | €63,626 | €44,515 | -€19,112 | -30.0% |
| Trade receivables | 40 | €18,347 | €6,585 | -€11,763 | -64.1% |
| Other amounts receivable | 41 | €45,279 | €37,930 | -€7,349 | -16.2% |
| Cash at bank and in hand | 54/58 | €3,404 | €13,169 | +€9,765 | +286.9% |
| Total equity and liabilities | 10/49 | €68,153 | €57,684 | -€10,469 | -15.4% |
| Equity | 10/15 | €50,716 | €23,889 | -€26,826 | -52.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,716 | €18,889 | -€26,826 | -58.7% |
| Amounts payable | 17/49 | €17,437 | €33,794 | +€16,357 | +93.8% |
| Amounts payable within one year | 42/48 | €17,437 | €33,794 | +€16,357 | +93.8% |
| Trade debts | 44 | €10,144 | €22,402 | +€12,258 | +120.8% |
| Suppliers | 440/4 | €10,144 | €22,402 | +€12,258 | +120.8% |
| Taxes, remuneration and social security | 45 | €7,294 | €11,393 | +€4,099 | +56.2% |
| Taxes | 450/3 | €7,294 | €11,393 | +€4,099 | +56.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,736 | €1,123 | -€1,612 | -58.9% |
| Other operating charges | 640/8 | €4,133 | €5,463 | +€1,329 | +32.2% |
| Gross operating margin | 9900 | €25,131 | €16,195 | -€8,936 | -35.6% |
| Operating profit (loss) | 9901 | €18,263 | €9,609 | -€8,653 | -47.4% |
| Financial income | 75/76B | €1 | €29 | +€28 | +2819.8% |
| Recurring financial income | 75 | €1 | €29 | +€28 | +2819.8% |
| Financial charges | 65/66B | €4,694 | €3,052 | -€1,643 | -35.0% |
| Recurring financial charges | 65 | €4,694 | €3,052 | -€1,643 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €13,569 | €6,587 | -€6,982 | -51.5% |
| Income taxes | 67/77 | €3,877 | €3,414 | -€463 | -11.9% |
| Profit (loss) for the period | 9904 | €9,692 | €3,174 | -€6,519 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,692 | €3,174 | -€6,519 | -67.3% |
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 11 October 2026 via checked.be.