ADRIMA: 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.
ADRIMA
Largest movements
- Receivables within one year -€12,400
down €12,400 (-96.0%), from €12,917 to €517
- Tangible fixed assets -€6,440
down €6,440 (-2.5%), from €260,192 to €253,752
of which Land and buildings: -€6,118
- Debts after one year -€17,391
down €17,391 (-17.8%), from €97,968 to €80,576
- Reserves -€3,722
down €3,722 (-2.6%), from €145,076 to €141,353
- Other debts +€2,876
new in 2025: €2,876
- Gross operating margin +€3,024
up €3,024 (+71.5%), from €4,230 to €7,254
- Financial income -€1,187
down €1,187 (-98.7%), from €1,203 to €16
- Depreciation -€535
down €535 (-7.7%), from €6,975 to €6,440
- Financial charges -€263
down €263 (-9.2%), from €2,855 to €2,592
- Other operating charges +€158
up €158 (+8.7%), from €1,803 to €1,960
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 | €273,845 | €255,206 | -€18,639 | -6.8% |
| Fixed assets | 21/28 | €260,192 | €253,752 | -€6,440 | -2.5% |
| Tangible fixed assets | 22/27 | €260,192 | €253,752 | -€6,440 | -2.5% |
| Land and buildings | 22 | €259,870 | €253,752 | -€6,118 | -2.4% |
| Furniture and vehicles | 24 | €322 | - | -€322 | |
| Current assets | 29/58 | €13,654 | €1,454 | -€12,199 | -89.3% |
| Amounts receivable within one year | 40/41 | €12,917 | €517 | -€12,400 | -96.0% |
| Other amounts receivable | 41 | €12,917 | €517 | -€12,400 | -96.0% |
| Cash at bank and in hand | 54/58 | €737 | €937 | +€200 | +27.2% |
| Total equity and liabilities | 10/49 | €273,845 | €255,206 | -€18,639 | -6.8% |
| Equity | 10/15 | €157,476 | €153,753 | -€3,722 | -2.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €145,076 | €141,353 | -€3,722 | -2.6% |
| Distributable reserves | 133 | €145,076 | €141,353 | -€3,722 | -2.6% |
| Amounts payable | 17/49 | €116,370 | €101,453 | -€14,917 | -12.8% |
| Amounts payable after more than one year | 17 | €97,968 | €80,576 | -€17,391 | -17.8% |
| Financial debts | 170/4 | €97,968 | €80,576 | -€17,391 | -17.8% |
| Amounts payable within one year | 42/48 | €18,402 | €20,876 | +€2,474 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €17,088 | €17,391 | +€303 | +1.8% |
| Financial debts | 43 | - | €609 | +€609 | |
| Credit institutions | 430/8 | - | €609 | +€609 | |
| Trade debts | 44 | €1,277 | - | -€1,277 | |
| Suppliers | 440/4 | €1,277 | - | -€1,277 | |
| Taxes, remuneration and social security | 45 | €37 | - | -€37 | |
| Taxes | 450/3 | €37 | - | -€37 | |
| Other amounts payable | 47/48 | - | €2,876 | +€2,876 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,975 | €6,440 | -€535 | -7.7% |
| Other operating charges | 640/8 | €1,803 | €1,960 | +€158 | +8.7% |
| Gross operating margin | 9900 | €4,230 | €7,254 | +€3,024 | +71.5% |
| Operating profit (loss) | 9901 | -€4,548 | -€1,146 | +€3,402 | +74.8% |
| Financial income | 75/76B | €1,203 | €16 | -€1,187 | -98.7% |
| Recurring financial income | 75 | €1,203 | €16 | -€1,187 | -98.7% |
| Financial charges | 65/66B | €2,855 | €2,592 | -€263 | -9.2% |
| Recurring financial charges | 65 | €2,855 | €2,592 | -€263 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,200 | -€3,722 | +€2,477 | +40.0% |
| Profit (loss) for the period | 9904 | -€6,200 | -€3,722 | +€2,477 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,200 | -€3,722 | +€2,477 | +40.0% |
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 25 October 2026 via checked.be.