ADRIMOP: 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.
ADRIMOP
Largest movements
- Cash +€12,874
up €12,874 (+33.7%), from €38,217 to €51,092
mainly Net result for the year (+€62,805) and Depreciation (+€14,364)
- Tangible fixed assets -€12,246
down €12,246 (-4.7%), from €262,683 to €250,437
of which Land and buildings: -€13,756
- Deferred charges and accrued income +€8,912
up €8,912 (+47.7%), from €18,701 to €27,614
- Receivables within one year -€5,000
no longer reported in 2025 (was €5,000)
- Reserves +€62,805
up €62,805 (+44.8%), from €140,041 to €202,847
of which Distributable reserves: +€62,805
- Other debts -€56,450
down €56,450 (-75.0%), from €75,245 to €18,795
- Debts after one year -€10,899
down €10,899 (-27.9%), from €39,009 to €28,110
- Tax, wage and social debts +€9,307
up €9,307 (+7,925%), from €117 to €9,424
- Gross operating margin +€31,349
up €31,349 (+38.8%), from €80,750 to €112,099
- Financial charges -€9,649
down €9,649 (-81.8%), from €11,801 to €2,151
- Taxes +€9,621
up €9,621 (+47.6%), from €20,225 to €29,846
- Financial income -€4,249
down €4,249 (-75.2%), from €5,654 to €1,405
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 | €344,521 | €348,761 | +€4,241 | +1.2% |
| Fixed assets | 21/28 | €262,683 | €250,437 | -€12,246 | -4.7% |
| Tangible fixed assets | 22/27 | €262,683 | €250,437 | -€12,246 | -4.7% |
| Land and buildings | 22 | €261,541 | €247,785 | -€13,756 | -5.3% |
| Plant, machinery and equipment | 23 | €1,143 | €816 | -€326 | -28.6% |
| Furniture and vehicles | 24 | - | €1,836 | +€1,836 | |
| Current assets | 29/58 | €81,837 | €98,325 | +€16,487 | +20.1% |
| Amounts receivable within one year | 40/41 | €5,000 | - | -€5,000 | |
| Other amounts receivable | 41 | €5,000 | - | -€5,000 | |
| Current investments | 50/53 | €19,919 | €19,619 | -€299 | -1.5% |
| Cash at bank and in hand | 54/58 | €38,217 | €51,092 | +€12,874 | +33.7% |
| Deferred charges and accrued income | 490/1 | €18,701 | €27,614 | +€8,912 | +47.7% |
| Total equity and liabilities | 10/49 | €344,521 | €348,761 | +€4,241 | +1.2% |
| Equity | 10/15 | €216,004 | €278,809 | +€62,805 | +29.1% |
| Contributions | 10/11 | €75,963 | €75,963 | = | 0.0% |
| Reserves | 13 | €140,041 | €202,847 | +€62,805 | +44.8% |
| Non-distributable reserves | 130/1 | €7,596 | €7,596 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,596 | €7,596 | = | 0.0% |
| Distributable reserves | 133 | €132,445 | €195,250 | +€62,805 | +47.4% |
| Amounts payable | 17/49 | €128,517 | €69,952 | -€58,564 | -45.6% |
| Amounts payable after more than one year | 17 | €39,009 | €28,110 | -€10,899 | -27.9% |
| Financial debts | 170/4 | €39,009 | €28,110 | -€10,899 | -27.9% |
| Amounts payable within one year | 42/48 | €87,383 | €39,676 | -€47,707 | -54.6% |
| Current portion of amounts payable after more than one year | 42 | €11,255 | €11,457 | +€202 | +1.8% |
| Trade debts | 44 | €766 | - | -€766 | |
| Suppliers | 440/4 | €766 | - | -€766 | |
| Taxes, remuneration and social security | 45 | €117 | €9,424 | +€9,307 | +7,925% |
| Taxes | 450/3 | €117 | €9,424 | +€9,307 | +7,925% |
| Other amounts payable | 47/48 | €75,245 | €18,795 | -€56,450 | -75.0% |
| Accrued charges and deferred income | 492/3 | €2,124 | €2,166 | +€42 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,082 | €14,364 | +€282 | +2.0% |
| Other operating charges | 640/8 | €4,217 | €4,338 | +€121 | +2.9% |
| Gross operating margin | 9900 | €80,750 | €112,099 | +€31,349 | +38.8% |
| Operating profit (loss) | 9901 | €62,451 | €93,397 | +€30,946 | +49.6% |
| Financial income | 75/76B | €5,654 | €1,405 | -€4,249 | -75.2% |
| Recurring financial income | 75 | €5,654 | €1,405 | -€4,249 | -75.2% |
| Financial charges | 65/66B | €11,801 | €2,151 | -€9,649 | -81.8% |
| Recurring financial charges | 65 | €11,801 | €2,151 | -€9,649 | -81.8% |
| Profit (loss) for the period before taxes | 9903 | €56,304 | €92,651 | +€36,347 | +64.6% |
| Income taxes | 67/77 | €20,225 | €29,846 | +€9,621 | +47.6% |
| Profit (loss) for the period | 9904 | €36,079 | €62,805 | +€26,726 | +74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,079 | €62,805 | +€26,726 | +74.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.