ADRIEN DESSART: 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.
ADRIEN DESSART
Largest movements
- Cash -€6,182
down €6,182 (-7.1%), from €87,071 to €80,889
mainly Contributions, distributions and other (-€48,945) and Current portion of long-term debt (-€2,066)
- Receivables within one year -€3,199
down €3,199 (-10.8%), from €29,529 to €26,330
of which Trade receivables: -€8,352
- Reserves -€32,888
down €32,888 (-43.6%), from €75,370 to €42,482
- Other debts +€25,555
up €25,555 (+109%), from €23,390 to €48,945
- Current portion of long-term debt -€2,066
down €2,066 (-74.8%), from €2,762 to €696
- Gross operating margin -€8,925
down €8,925 (-11.7%), from €76,230 to €67,305
- Taxes -€1,841
down €1,841 (-24.9%), from €7,383 to €5,542
- Staff costs +€1,374
up €1,374 (+3.2%), from €42,728 to €44,102
- Depreciation -€1,015
down €1,015 (-68.8%), from €1,475 to €461
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 | €117,236 | €107,394 | -€9,842 | -8.4% |
| Fixed assets | 21/28 | €636 | €175 | -€461 | -72.5% |
| Tangible fixed assets | 22/27 | €576 | €115 | -€461 | -80.0% |
| Plant, machinery and equipment | 23 | €576 | €115 | -€461 | -80.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €116,600 | €107,219 | -€9,381 | -8.0% |
| Amounts receivable within one year | 40/41 | €29,529 | €26,330 | -€3,199 | -10.8% |
| Trade receivables | 40 | €29,339 | €20,987 | -€8,352 | -28.5% |
| Other amounts receivable | 41 | €191 | €5,344 | +€5,153 | +2,701% |
| Cash at bank and in hand | 54/58 | €87,071 | €80,889 | -€6,182 | -7.1% |
| Total equity and liabilities | 10/49 | €117,236 | €107,394 | -€9,842 | -8.4% |
| Equity | 10/15 | €81,370 | €48,482 | -€32,888 | -40.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €75,370 | €42,482 | -€32,888 | -43.6% |
| Distributable reserves | 133 | €75,370 | €42,482 | -€32,888 | -43.6% |
| Amounts payable | 17/49 | €35,866 | €58,912 | +€23,046 | +64.3% |
| Amounts payable after more than one year | 17 | €696 | - | -€696 | |
| Financial debts | 170/4 | €696 | - | -€696 | |
| Amounts payable within one year | 42/48 | €35,170 | €58,912 | +€23,742 | +67.5% |
| Current portion of amounts payable after more than one year | 42 | €2,762 | €696 | -€2,066 | -74.8% |
| Trade debts | 44 | €2,141 | €2,233 | +€92 | +4.3% |
| Suppliers | 440/4 | €2,141 | €2,233 | +€92 | +4.3% |
| Taxes, remuneration and social security | 45 | €6,877 | €7,038 | +€161 | +2.3% |
| Taxes | 450/3 | €1,383 | €1,397 | +€14 | +1.0% |
| Remuneration and social security | 454/9 | €5,494 | €5,641 | +€147 | +2.7% |
| Other amounts payable | 47/48 | €23,390 | €48,945 | +€25,555 | +109% |
| Remuneration, social security and pensions | 62 | €42,728 | €44,102 | +€1,374 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,475 | €461 | -€1,015 | -68.8% |
| Other operating charges | 640/8 | €1,123 | €1,157 | +€34 | +3.0% |
| Gross operating margin | 9900 | €76,230 | €67,305 | -€8,925 | -11.7% |
| Operating profit (loss) | 9901 | €30,904 | €21,586 | -€9,318 | -30.2% |
| Financial income | 75/76B | €26 | €140 | +€114 | +440% |
| Recurring financial income | 75 | €26 | €140 | +€114 | +440% |
| Financial charges | 65/66B | €157 | €127 | -€30 | -19.1% |
| Recurring financial charges | 65 | €157 | €127 | -€30 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €30,773 | €21,598 | -€9,174 | -29.8% |
| Income taxes | 67/77 | €7,383 | €5,542 | -€1,841 | -24.9% |
| Profit (loss) for the period | 9904 | €23,390 | €16,057 | -€7,333 | -31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,390 | €16,057 | -€7,333 | -31.4% |
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 22 October 2026 via checked.be.