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ADRIEN: 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.

What changed

ADRIEN

BE 0764.652.681
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€18,764
2023 · -€19,681+€916
Equity
€83,190
2023 · €101,955-€18,764
Cash
€2,424
2023 · €9,255-€6,831
Balance sheet total
€390,832
2023 · €419,547-€28,715

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€21,718

    down €21,718 (-5.3%), from €409,728 to €388,009

    of which Land and buildings: -€16,000

  • Cash -€6,831

    down €6,831 (-73.8%), from €9,255 to €2,424

    mainly Net result for the year (-€18,764) and Other debts (-€9,941)

Equity and liabilities
  • Profit (loss) carried forward -€18,764

    down €18,764 (-6.3%), from -€298,045 to -€316,810

  • Other debts -€9,941

    down €9,941 (-3.1%), from €317,512 to €307,570

Income statement
  • Gross operating margin +€1,532

    up €1,532 (+16.5%), from €9,313 to €10,846

  • Depreciation +€979

    up €979 (+3.7%), from €26,613 to €27,593

  • Other operating charges -€255

    down €255 (-11.9%), from €2,137 to €1,882

  • Taxes -€113

    down €113 (-64.6%), from €174 to €62

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€19,681
Gross operating margin +€1,532
Depreciation -€979
Other operating charges +€255
Financial income -€0
Financial charges -€5
Taxes +€113
Result 2024 -€18,764

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€957
Investment -€5,874
Financing €0
Cash 2023 €9,255
Net result for the year -€18,764
Depreciation +€27,593
Receivables within one year +€167
Smaller working-capital items -€10
Other debts -€9,941
Investment in fixed assets (net) -€5,874
Cash 2024 €2,424
Every line side by side 32 lines
Line Code 2023 2024 Change %
Total assets 20/58 €419,547 €390,832 -€28,715 -6.8%
Fixed assets 21/28 €409,728 €388,009 -€21,718 -5.3%
Tangible fixed assets 22/27 €409,728 €388,009 -€21,718 -5.3%
Land and buildings 22 €375,934 €359,934 -€16,000 -4.3%
Furniture and vehicles 24 €33,793 €28,075 -€5,718 -16.9%
Current assets 29/58 €9,819 €2,823 -€6,997 -71.3%
Amounts receivable within one year 40/41 €167 €0 -€167 -100.0%
Trade receivables 40 €0 - =
Other amounts receivable 41 €167 €0 -€167 -100.0%
Cash at bank and in hand 54/58 €9,255 €2,424 -€6,831 -73.8%
Deferred charges and accrued income 490/1 €397 €398 +€1 +0.3%
Total equity and liabilities 10/49 €419,547 €390,832 -€28,715 -6.8%
Equity 10/15 €101,955 €83,190 -€18,764 -18.4%
Contributions 10/11 €400,000 €400,000 = 0.0%
Profit (loss) carried forward 14 -€298,045 -€316,810 -€18,764 -6.3%
Amounts payable 17/49 €317,592 €307,642 -€9,950 -3.1%
Amounts payable within one year 42/48 €317,592 €307,642 -€9,950 -3.1%
Taxes, remuneration and social security 45 €81 €72 -€9 -11.2%
Taxes 450/3 €81 €72 -€9 -11.2%
Other amounts payable 47/48 €317,512 €307,570 -€9,941 -3.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €26,613 €27,593 +€979 +3.7%
Other operating charges 640/8 €2,137 €1,882 -€255 -11.9%
Gross operating margin 9900 €9,313 €10,846 +€1,532 +16.5%
Operating profit (loss) 9901 -€19,437 -€18,629 +€808 +4.2%
Financial income 75/76B €0 €0 -€0 -100.0%
Recurring financial income 75 €0 €0 -€0 -100.0%
Financial charges 65/66B €69 €74 +€5 +6.5%
Recurring financial charges 65 €69 €74 +€5 +6.5%
Profit (loss) for the period before taxes 9903 -€19,506 -€18,702 +€804 +4.1%
Income taxes 67/77 €174 €62 -€113 -64.6%
Profit (loss) for the period 9904 -€19,681 -€18,764 +€916 +4.7%
Profit (loss) for the period to be appropriated 9905 -€19,681 -€18,764 +€916 +4.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.