ADRIROB: what changed
Two fiscal 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.
ADRIROB
Largest movements
- Tangible fixed assets +€172,092
up €172,092 (+45.8%), from €375,938 to €548,030
of which Plant, machinery and equipment: +€172,495
- Receivables within one year -€104,862
down €104,862 (-66.1%), from €158,549 to €53,686
of which Trade receivables: -€104,529
- Cash +€23,661
up €23,661 (+225.7%), from €10,484 to €34,145
mainly Trade debts (+€280,092) and Depreciation (+€113,386)
- Stocks and contracts +€10,478
up €10,478 (+353.9%), from €2,961 to €13,439
- Trade debts +€280,092
up €280,092 (+1525.5%), from €18,361 to €298,452
- Other debts -€104,741
down €104,741 (-94.1%), from €111,335 to €6,594
- Debts after one year -€70,414
down €70,414 (-32.2%), from €218,787 to €148,373
- Current portion of long-term debt -€34,616
down €34,616 (-31.0%), from €111,593 to €76,977
- Short-term financial debts +€25,000
new in 2025: €25,000
- Gross operating margin -€77,034
down €77,034 (-62.6%), from €123,107 to €46,072
- Financial income +€70,000
new in 2025: €70,000
of which Financial income: +€70,000
- Depreciation -€3,184
down €3,184 (-2.7%), from €116,570 to €113,386
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €549,718 | €652,968 | +€103,251 | +18.8% |
| Fixed assets | 21/28 | €375,938 | €548,030 | +€172,092 | +45.8% |
| Tangible fixed assets | 22/27 | €375,938 | €548,030 | +€172,092 | +45.8% |
| Plant, machinery and equipment | 23 | €375,323 | €547,818 | +€172,495 | +46.0% |
| Furniture and vehicles | 24 | €615 | €212 | -€403 | -65.5% |
| Current assets | 29/58 | €173,780 | €104,939 | -€68,841 | -39.6% |
| Stocks and contracts in progress | 3 | €2,961 | €13,439 | +€10,478 | +353.9% |
| Stocks | 30/36 | €2,961 | €13,439 | +€10,478 | +353.9% |
| Amounts receivable within one year | 40/41 | €158,549 | €53,686 | -€104,862 | -66.1% |
| Trade receivables | 40 | €158,215 | €53,686 | -€104,529 | -66.1% |
| Other amounts receivable | 41 | €334 | - | -€334 | |
| Cash at bank and in hand | 54/58 | €10,484 | €34,145 | +€23,661 | +225.7% |
| Deferred charges and accrued income | 490/1 | €1,786 | €3,668 | +€1,882 | +105.4% |
| Total equity and liabilities | 10/49 | €549,718 | €652,968 | +€103,251 | +18.8% |
| Equity | 10/15 | €86,626 | €81,611 | -€5,015 | -5.8% |
| Contributions | 10/11 | €168,600 | €168,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,974 | -€86,989 | -€5,015 | -6.1% |
| Amounts payable | 17/49 | €463,091 | €571,357 | +€108,266 | +23.4% |
| Amounts payable after more than one year | 17 | €218,787 | €148,373 | -€70,414 | -32.2% |
| Financial debts | 170/4 | €218,787 | €148,373 | -€70,414 | -32.2% |
| Amounts payable within one year | 42/48 | €244,304 | €422,984 | +€178,680 | +73.1% |
| Current portion of amounts payable after more than one year | 42 | €111,593 | €76,977 | -€34,616 | -31.0% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €18,361 | €298,452 | +€280,092 | +1525.5% |
| Suppliers | 440/4 | €18,361 | €298,452 | +€280,092 | +1525.5% |
| Taxes, remuneration and social security | 45 | €3,015 | €15,960 | +€12,945 | +429.4% |
| Taxes | 450/3 | €2,015 | €14,960 | +€12,945 | +642.4% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €111,335 | €6,594 | -€104,741 | -94.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,570 | €113,386 | -€3,184 | -2.7% |
| Other operating charges | 640/8 | €331 | €289 | -€42 | -12.8% |
| Gross operating margin | 9900 | €123,107 | €46,072 | -€77,034 | -62.6% |
| Operating profit (loss) | 9901 | €6,206 | -€67,602 | -€73,808 | |
| Financial income | 75/76B | - | €70,000 | +€70,000 | |
| Recurring financial income | 75 | - | €70,000 | +€70,000 | |
| Non-recurring financial income | 76B | - | €70,000 | +€70,000 | |
| Financial charges | 65/66B | €7,684 | €7,413 | -€271 | -3.5% |
| Recurring financial charges | 65 | €7,684 | €7,413 | -€271 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,478 | -€5,015 | -€3,537 | -239.4% |
| Profit (loss) for the period | 9904 | -€1,478 | -€5,015 | -€3,537 | -239.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,478 | -€5,015 | -€3,537 | -239.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.