ADRIGA: 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.
ADRIGA
Largest movements
- Tangible fixed assets -€15,107
down €15,107 (-4.1%), from €366,740 to €351,633
- Debts after one year -€11,185
down €11,185 (-8.4%), from €132,610 to €121,425
- Other debts -€6,008
down €6,008 (-1.9%), from €309,789 to €303,782
- Gross operating margin +€2,525
up €2,525 (+16.3%), from €15,509 to €18,034
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 | €370,569 | €353,085 | -€17,483 | -4.7% |
| Fixed assets | 21/28 | €366,740 | €351,633 | -€15,107 | -4.1% |
| Tangible fixed assets | 22/27 | €366,740 | €351,633 | -€15,107 | -4.1% |
| Land and buildings | 22 | €366,740 | €351,633 | -€15,107 | -4.1% |
| Current assets | 29/58 | €3,828 | €1,452 | -€2,376 | -62.1% |
| Cash at bank and in hand | 54/58 | €3,147 | €739 | -€2,408 | -76.5% |
| Deferred charges and accrued income | 490/1 | €682 | €713 | +€31 | +4.6% |
| Total equity and liabilities | 10/49 | €370,569 | €353,085 | -€17,483 | -4.7% |
| Equity | 10/15 | -€84,243 | -€85,133 | -€890 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,703 | -€105,593 | -€890 | -0.8% |
| Amounts payable | 17/49 | €454,812 | €438,218 | -€16,594 | -3.6% |
| Amounts payable after more than one year | 17 | €132,610 | €121,425 | -€11,185 | -8.4% |
| Financial debts | 170/4 | €132,610 | €121,425 | -€11,185 | -8.4% |
| Amounts payable within one year | 42/48 | €322,202 | €316,793 | -€5,408 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €11,073 | €11,185 | +€113 | +1.0% |
| Trade debts | 44 | €1,340 | €1,826 | +€487 | +36.3% |
| Suppliers | 440/4 | €1,340 | €1,826 | +€487 | +36.3% |
| Other amounts payable | 47/48 | €309,789 | €303,782 | -€6,008 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,107 | €15,107 | = | 0.0% |
| Other operating charges | 640/8 | €2,158 | €2,226 | +€68 | +3.1% |
| Gross operating margin | 9900 | €15,509 | €18,034 | +€2,525 | +16.3% |
| Operating profit (loss) | 9901 | -€1,756 | €701 | +€2,457 | |
| Financial charges | 65/66B | €1,707 | €1,591 | -€115 | -6.8% |
| Recurring financial charges | 65 | €1,707 | €1,591 | -€115 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,463 | -€890 | +€2,573 | +74.3% |
| Profit (loss) for the period | 9904 | -€3,463 | -€890 | +€2,573 | +74.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,463 | -€890 | +€2,573 | +74.3% |
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 14 October 2026 via checked.be.