ADRIE CONSTRUCT: 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.
ADRIE CONSTRUCT
Largest movements
- Receivables within one year -€14,520
down €14,520 (-43.8%), from €33,168 to €18,648
of which Trade receivables: -€10,149
- Tangible fixed assets -€13,563
down €13,563 (-5.7%), from €237,797 to €224,234
of which Furniture and vehicles: -€12,004
- Other debts -€43,112
down €43,112 (-54.3%), from €79,406 to €36,293
- Debts after one year -€14,913
down €14,913 (-24.5%), from €60,904 to €45,991
- Reserves +€14,106
up €14,106 (+14.4%), from €97,883 to €111,989
- Advances received +€10,497
new in 2025: €10,497
- Tax, wage and social debts +€3,811
up €3,811 (+478.5%), from €796 to €4,608
of which Taxes: +€2,105
- Gross operating margin +€35,301
up €35,301 (+176.3%), from €20,024 to €55,325
- Depreciation +€7,902
up €7,902 (+45.4%), from €17,423 to €25,325
- Taxes +€2,204
up €2,204 (+1667.8%), from €132 to €2,336
- Financial charges +€1,742
up €1,742 (+36.0%), from €4,837 to €6,579
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 | €279,495 | €248,795 | -€30,700 | -11.0% |
| Fixed assets | 21/28 | €237,797 | €224,234 | -€13,563 | -5.7% |
| Tangible fixed assets | 22/27 | €237,797 | €224,234 | -€13,563 | -5.7% |
| Land and buildings | 22 | €172,585 | €171,897 | -€688 | -0.4% |
| Plant, machinery and equipment | 23 | €990 | €118 | -€872 | -88.0% |
| Furniture and vehicles | 24 | €64,222 | €52,218 | -€12,004 | -18.7% |
| Current assets | 29/58 | €41,698 | €24,562 | -€17,137 | -41.1% |
| Amounts receivable within one year | 40/41 | €33,168 | €18,648 | -€14,520 | -43.8% |
| Trade receivables | 40 | €22,420 | €12,271 | -€10,149 | -45.3% |
| Other amounts receivable | 41 | €10,748 | €6,377 | -€4,371 | -40.7% |
| Cash at bank and in hand | 54/58 | €7,959 | €5,323 | -€2,636 | -33.1% |
| Deferred charges and accrued income | 490/1 | €571 | €591 | +€20 | +3.4% |
| Total equity and liabilities | 10/49 | €279,495 | €248,795 | -€30,700 | -11.0% |
| Equity | 10/15 | €115,018 | €130,589 | +€15,571 | +13.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,883 | €111,989 | +€14,106 | +14.4% |
| Distributable reserves | 133 | €97,883 | €111,989 | +€14,106 | +14.4% |
| Profit (loss) carried forward | 14 | -€1,465 | €0 | +€1,465 | |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €164,476 | €118,206 | -€46,271 | -28.1% |
| Amounts payable after more than one year | 17 | €60,904 | €45,991 | -€14,913 | -24.5% |
| Financial debts | 170/4 | €60,904 | €45,991 | -€14,913 | -24.5% |
| Amounts payable within one year | 42/48 | €98,507 | €68,002 | -€30,505 | -31.0% |
| Current portion of amounts payable after more than one year | 42 | €14,273 | €14,913 | +€641 | +4.5% |
| Trade debts | 44 | €4,032 | €1,691 | -€2,341 | -58.1% |
| Suppliers | 440/4 | €4,032 | €1,691 | -€2,341 | -58.1% |
| Advances received on contracts in progress | 46 | - | €10,497 | +€10,497 | |
| Taxes, remuneration and social security | 45 | €796 | €4,608 | +€3,811 | +478.5% |
| Taxes | 450/3 | €796 | €2,901 | +€2,105 | +264.3% |
| Remuneration and social security | 454/9 | - | €1,706 | +€1,706 | |
| Other amounts payable | 47/48 | €79,406 | €36,293 | -€43,112 | -54.3% |
| Accrued charges and deferred income | 492/3 | €5,066 | €4,213 | -€853 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,423 | €25,325 | +€7,902 | +45.4% |
| Other operating charges | 640/8 | €5,340 | €5,514 | +€175 | +3.3% |
| Gross operating margin | 9900 | €20,024 | €55,325 | +€35,301 | +176.3% |
| Operating profit (loss) | 9901 | -€2,738 | €24,486 | +€27,224 | |
| Financial income | 75/76B | €11 | €0 | -€11 | -100.0% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -100.0% |
| Financial charges | 65/66B | €4,837 | €6,579 | +€1,742 | +36.0% |
| Recurring financial charges | 65 | €4,837 | €6,579 | +€1,742 | +36.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,564 | €17,907 | +€25,471 | |
| Income taxes | 67/77 | €132 | €2,336 | +€2,204 | +1667.8% |
| Profit (loss) for the period | 9904 | -€7,696 | €15,571 | +€23,267 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,696 | €15,571 | +€23,267 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.