ADRICLAS: what changed
Two fiscal 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.
ADRICLAS
Largest movements
- Tangible fixed assets -€8,100
down €8,100 (-3.9%), from €210,192 to €202,092
- Cash +€2,233
up €2,233 (+23.4%), from €9,549 to €11,782
mainly Net result for the year (+€17,673) and Depreciation (+€8,100)
- Reserves -€6,327
down €6,327 (-4.9%), from €129,057 to €122,730
of which Distributable reserves: -€6,327
- Accrued charges and deferred income -€2,700
down €2,700 (-100.0%), from €2,700 to €0
- Gross operating margin +€845
up €845 (+2.5%), from €33,711 to €34,557
- Financial charges -€650
down €650 (-82.7%), from €786 to €136
- Taxes +€538
up €538 (+7.0%), from €7,709 to €8,248
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 | €219,741 | €213,874 | -€5,867 | -2.7% |
| Fixed assets | 21/28 | €210,192 | €202,092 | -€8,100 | -3.9% |
| Tangible fixed assets | 22/27 | €210,192 | €202,092 | -€8,100 | -3.9% |
| Land and buildings | 22 | €210,192 | €202,092 | -€8,100 | -3.9% |
| Current assets | 29/58 | €9,549 | €11,782 | +€2,233 | +23.4% |
| Cash at bank and in hand | 54/58 | €9,549 | €11,782 | +€2,233 | +23.4% |
| Total equity and liabilities | 10/49 | €219,741 | €213,874 | -€5,867 | -2.7% |
| Equity | 10/15 | €191,057 | €184,730 | -€6,327 | -3.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €129,057 | €122,730 | -€6,327 | -4.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €122,857 | €116,530 | -€6,327 | -5.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,685 | €29,144 | +€459 | +1.6% |
| Amounts payable within one year | 42/48 | €25,985 | €29,144 | +€3,159 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €2,197 | €2,187 | -€11 | -0.5% |
| Taxes, remuneration and social security | 45 | €2,337 | €4,157 | +€1,820 | +77.9% |
| Taxes | 450/3 | €2,337 | €4,157 | +€1,820 | +77.9% |
| Other amounts payable | 47/48 | €21,450 | €22,800 | +€1,350 | +6.3% |
| Accrued charges and deferred income | 492/3 | €2,700 | €0 | -€2,700 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,100 | €8,100 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €33,711 | €34,557 | +€845 | +2.5% |
| Operating profit (loss) | 9901 | €25,224 | €26,057 | +€833 | +3.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €786 | €136 | -€650 | -82.7% |
| Recurring financial charges | 65 | €786 | €136 | -€650 | -82.7% |
| Profit (loss) for the period before taxes | 9903 | €24,438 | €25,921 | +€1,483 | +6.1% |
| Income taxes | 67/77 | €7,709 | €8,248 | +€538 | +7.0% |
| Profit (loss) for the period | 9904 | €16,728 | €17,673 | +€945 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,728 | €17,673 | +€945 | +5.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.