ADRIEN SELF STORAGE: 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.
What changed
ADRIEN SELF STORAGE
NACE 46.644, Wholesale trade
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€412,997
2024 · €551,193-€138,196
Equity
€2.0m
2024 · €2.2m-€187,003
Cash
€1.3m
2024 · €1.6m-€350,872
Balance sheet total
€5.2m
2024 · €4.6m+€570,556
Largest movements
Assets
- Tangible fixed assets +€862,563
up €862,563 (+34.2%), from €2.5m to €3.4m
of which Land and buildings: +€969,285
- Cash -€350,872
down €350,872 (-21.4%), from €1.6m to €1.3m
mainly Investment in fixed assets (net) (-€1.3m) and Contributions, distributions and other (-€600,000)
- Receivables within one year +€62,317
up €62,317 (+59.2%), from €105,250 to €167,567
of which Trade receivables: +€63,500
Equity and liabilities
- Debts after one year +€598,422
up €598,422 (+75.0%), from €797,971 to €1.4m
- Other debts +€177,433
up €177,433 (+29.6%), from €598,722 to €776,155
- Profit (loss) carried forward -€155,804
down €155,804 (-79.4%), from €196,241 to €40,437
Income statement
- Gross operating margin +€128,666
up €128,666 (+11.5%), from €1.1m to €1.2m
- Financial income -€105,101
down €105,101 (-63.2%), from €166,334 to €61,233
- Depreciation +€92,874
up €92,874 (+25.4%), from €365,147 to €458,021
- Staff costs +€44,927
up €44,927 (+51.1%), from €87,879 to €132,806
- Taxes +€24,104
up €24,104 (+13.7%), from €175,404 to €199,507
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.
Result 2024
€551,193
Gross operating margin
+€128,666
Staff costs
-€44,927
Depreciation
-€92,874
Write-downs
-€6,900
Other operating charges
-€4,406
Financial income
-€105,101
Financial charges
-€10,569
Taxes
-€24,104
Deferred taxes and other
+€22,020
Result 2025
€412,997
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.
From operations
+€1.0m
Investment
-€1.3m
Financing
-€41,742
Cash 2024
€1.6m
From operations (derived)
+€1.0m
Net result for the year
+€412,997
Depreciation
+€458,021
Receivables within one year
-€62,317
Deferred charges and accrued income
+€3,452
Provisions
-€27,066
Trade debts
-€2,539
Tax, wage and social debts
-€9,167
Advances received
+€17,817
Other debts
+€177,433
Accrued charges and deferred income
+€42,825
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€1.3m
Financing
-€41,742
Debts after one year
+€598,422
Current portion of long-term debt
-€6,355
Short-term financial debts
-€33,809
Contributions, distributions and other
-€600,000
Cash 2025
€1.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,592,361 | €5,162,918 | +€570,556 | +12.4% |
| Fixed assets | 21/28 | €2,819,237 | €3,681,800 | +€862,563 | +30.6% |
| Tangible fixed assets | 22/27 | €2,521,310 | €3,383,873 | +€862,563 | +34.2% |
| Land and buildings | 22 | €1,637,551 | €2,606,836 | +€969,285 | +59.2% |
| Plant, machinery and equipment | 23 | €10,872 | €45,670 | +€34,798 | +320.1% |
| Furniture and vehicles | 24 | €12,512 | €11,041 | -€1,471 | -11.8% |
| Other tangible fixed assets | 26 | €860,375 | €720,325 | -€140,050 | -16.3% |
| Financial fixed assets | 28 | €297,927 | €297,927 | = | 0.0% |
| Current assets | 29/58 | €1,773,124 | €1,481,117 | -€292,006 | -16.5% |
| Amounts receivable within one year | 40/41 | €105,250 | €167,567 | +€62,317 | +59.2% |
| Trade receivables | 40 | €51,817 | €115,317 | +€63,500 | +122.5% |
| Other amounts receivable | 41 | €53,433 | €52,250 | -€1,183 | -2.2% |
| Cash at bank and in hand | 54/58 | €1,636,919 | €1,286,047 | -€350,872 | -21.4% |
| Deferred charges and accrued income | 490/1 | €30,955 | €27,504 | -€3,452 | -11.2% |
| Total equity and liabilities | 10/49 | €4,592,361 | €5,162,918 | +€570,556 | +12.4% |
| Equity | 10/15 | €2,199,609 | €2,012,606 | -€187,003 | -8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,984,768 | €1,953,569 | -€31,199 | -1.6% |
| Tax-exempt reserves | 132 | €1,311,659 | €1,230,460 | -€81,199 | -6.2% |
| Distributable reserves | 133 | €673,109 | €723,109 | +€50,000 | +7.4% |
| Profit (loss) carried forward | 14 | €196,241 | €40,437 | -€155,804 | -79.4% |
| Provisions and deferred taxes | 16 | €437,220 | €410,153 | -€27,066 | -6.2% |
| Deferred taxes | 168 | €437,220 | €410,153 | -€27,066 | -6.2% |
| Amounts payable | 17/49 | €1,955,533 | €2,740,158 | +€784,626 | +40.1% |
| Amounts payable after more than one year | 17 | €797,971 | €1,396,393 | +€598,422 | +75.0% |
| Financial debts | 170/4 | €797,971 | €1,396,393 | +€598,422 | +75.0% |
| Amounts payable within one year | 42/48 | €1,132,761 | €1,276,140 | +€143,379 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €207,933 | €201,578 | -€6,355 | -3.1% |
| Financial debts | 43 | €33,809 | - | -€33,809 | |
| Credit institutions | 430/8 | €33,809 | - | -€33,809 | |
| Trade debts | 44 | €129,553 | €127,014 | -€2,539 | -2.0% |
| Suppliers | 440/4 | €129,553 | €127,014 | -€2,539 | -2.0% |
| Advances received on contracts in progress | 46 | €10,764 | €28,580 | +€17,817 | +165.5% |
| Taxes, remuneration and social security | 45 | €151,980 | €142,813 | -€9,167 | -6.0% |
| Taxes | 450/3 | €144,685 | €115,149 | -€29,536 | -20.4% |
| Remuneration and social security | 454/9 | €7,295 | €27,664 | +€20,369 | +279.2% |
| Other amounts payable | 47/48 | €598,722 | €776,155 | +€177,433 | +29.6% |
| Accrued charges and deferred income | 492/3 | €24,800 | €67,625 | +€42,825 | +172.7% |
| Non-recurring operating income | 76A | €2,333 | €8,615 | +€6,282 | +269.3% |
| Remuneration, social security and pensions | 62 | €87,879 | €132,806 | +€44,927 | +51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €365,147 | €458,021 | +€92,874 | +25.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,764 | €14,665 | +€6,900 | +88.9% |
| Other operating charges | 640/8 | €42,741 | €47,147 | +€4,406 | +10.3% |
| Gross operating margin | 9900 | €1,117,955 | €1,246,620 | +€128,666 | +11.5% |
| Operating profit (loss) | 9901 | €614,423 | €593,981 | -€20,442 | -3.3% |
| Financial income | 75/76B | €166,334 | €61,233 | -€105,101 | -63.2% |
| Recurring financial income | 75 | €166,334 | €61,233 | -€105,101 | -63.2% |
| Financial charges | 65/66B | €59,207 | €69,776 | +€10,569 | +17.9% |
| Recurring financial charges | 65 | €59,207 | €69,776 | +€10,569 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | €721,551 | €585,438 | -€136,113 | -18.9% |
| Transfer from deferred taxes | 780 | €5,046 | €27,066 | +€22,020 | +436.4% |
| Income taxes | 67/77 | €175,404 | €199,507 | +€24,104 | +13.7% |
| Profit (loss) for the period | 9904 | €551,193 | €412,997 | -€138,196 | -25.1% |
| Transfer from tax-exempt reserves | 789 | €14,154 | €81,199 | +€67,045 | +473.7% |
| Profit (loss) for the period to be appropriated | 9905 | €565,347 | €494,196 | -€71,151 | -12.6% |
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 12 October 2026 via checked.be.