Adroc: 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.
Adroc
Largest movements
- Tangible fixed assets -€11,277
down €11,277 (-4.8%), from €232,981 to €221,704
of which Furniture and vehicles: -€5,962
- Cash +€9,725
up €9,725 (+37.7%), from €25,804 to €35,529
mainly Net result for the year (+€30,720) and Depreciation (+€14,523)
- Receivables within one year -€3,390
down €3,390 (-16.6%), from €20,409 to €17,019
of which Trade receivables: -€3,398
- Reserves +€30,720
up €30,720 (+26.0%), from €118,375 to €149,095
- Other debts -€21,369
down €21,369 (-90.6%), from €23,597 to €2,228
- Debts after one year -€20,948
down €20,948 (-17.2%), from €121,857 to €100,909
of which Financial debts: -€20,948
- Tax, wage and social debts +€5,180
up €5,180 (+159.4%), from €3,250 to €8,429
- Gross operating margin +€12,329
up €12,329 (+23.1%), from €53,456 to €65,785
- Taxes +€4,108
up €4,108 (+45.9%), from €8,953 to €13,061
- Depreciation -€2,517
down €2,517 (-14.8%), from €17,040 to €14,523
- Financial charges -€732
down €732 (-14.0%), from €5,223 to €4,491
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 | €306,865 | €300,542 | -€6,323 | -2.1% |
| Fixed assets | 21/28 | €233,231 | €221,954 | -€11,277 | -4.8% |
| Tangible fixed assets | 22/27 | €232,981 | €221,704 | -€11,277 | -4.8% |
| Land and buildings | 22 | €227,019 | €221,704 | -€5,315 | -2.3% |
| Furniture and vehicles | 24 | €5,962 | €0 | -€5,962 | -100.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €73,633 | €78,588 | +€4,954 | +6.7% |
| Stocks and contracts in progress | 3 | €20,134 | €18,402 | -€1,733 | -8.6% |
| Stocks | 30/36 | €20,134 | €18,402 | -€1,733 | -8.6% |
| Amounts receivable within one year | 40/41 | €20,409 | €17,019 | -€3,390 | -16.6% |
| Trade receivables | 40 | €20,409 | €17,011 | -€3,398 | -16.6% |
| Other amounts receivable | 41 | - | €8 | +€8 | |
| Cash at bank and in hand | 54/58 | €25,804 | €35,529 | +€9,725 | +37.7% |
| Deferred charges and accrued income | 490/1 | €7,286 | €7,638 | +€352 | +4.8% |
| Total equity and liabilities | 10/49 | €306,865 | €300,542 | -€6,323 | -2.1% |
| Equity | 10/15 | €136,975 | €167,695 | +€30,720 | +22.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €118,375 | €149,095 | +€30,720 | +26.0% |
| Distributable reserves | 133 | €118,375 | €149,095 | +€30,720 | +26.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €169,889 | €132,847 | -€37,043 | -21.8% |
| Amounts payable after more than one year | 17 | €121,857 | €100,909 | -€20,948 | -17.2% |
| Financial debts | 170/4 | €120,057 | €99,109 | -€20,948 | -17.4% |
| Other amounts payable | 178/9 | €1,800 | €1,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,032 | €31,938 | -€16,095 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €20,275 | €20,948 | +€673 | +3.3% |
| Financial debts | 43 | €0 | €120 | +€120 | |
| Credit institutions | 430/8 | €0 | €120 | +€120 | |
| Trade debts | 44 | €911 | €213 | -€698 | -76.7% |
| Suppliers | 440/4 | €911 | €213 | -€698 | -76.7% |
| Taxes, remuneration and social security | 45 | €3,250 | €8,429 | +€5,180 | +159.4% |
| Taxes | 450/3 | €3,250 | €8,429 | +€5,180 | +159.4% |
| Other amounts payable | 47/48 | €23,597 | €2,228 | -€21,369 | -90.6% |
| Non-recurring operating income | 76A | - | €1,828 | +€1,828 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,040 | €14,523 | -€2,517 | -14.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€911 | -€306 | +€605 | +66.4% |
| Other operating charges | 640/8 | €3,292 | €3,296 | +€4 | +0.1% |
| Gross operating margin | 9900 | €53,456 | €65,785 | +€12,329 | +23.1% |
| Operating profit (loss) | 9901 | €34,035 | €48,272 | +€14,237 | +41.8% |
| Financial income | 75/76B | €1 | €0 | -€0 | -86.8% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -86.8% |
| Financial charges | 65/66B | €5,223 | €4,491 | -€732 | -14.0% |
| Recurring financial charges | 65 | €5,223 | €4,491 | -€732 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €28,812 | €43,781 | +€14,969 | +52.0% |
| Income taxes | 67/77 | €8,953 | €13,061 | +€4,108 | +45.9% |
| Profit (loss) for the period | 9904 | €19,859 | €30,720 | +€10,861 | +54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,859 | €30,720 | +€10,861 | +54.7% |
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 10 October 2026 via checked.be.