ADRON: what changed
What changed
ADRON
NACE 69.209, Other tax advisory services
filed annual accounts (NBB)
Net result for the year
€237,372
2024 · -€29,792+€267,163
Equity
€634,005
2024 · €471,633+€162,372
Cash
€207,789
2024 · €74,746+€133,043
Balance sheet total
€768,814
2024 · €562,894+€205,920
Largest movements
Assets
- Current investments +€349,333
new in 2025: €349,333
- Stocks and contracts -€178,765
down €178,765 (-100%), from €178,765 to €0
- Cash +€133,043
up €133,043 (+178%), from €74,746 to €207,789
mainly Net result for the year (+€237,372) and Stocks and contracts (+€178,765)
- Tangible fixed assets -€104,418
down €104,418 (-35.3%), from €295,668 to €191,249
Equity and liabilities
- Reserves +€162,372
up €162,372 (+40.9%), from €397,265 to €559,637
- Other debts +€63,000
up €63,000 (+525%), from €12,000 to €75,000
- Debts after one year -€34,000
down €34,000 (-100%), from €34,000 to €0
- Tax, wage and social debts +€15,096
up €15,096 (+1,327%), from €1,137 to €16,233
Income statement
- Gross operating margin +€361,328
up €361,328 (+41,647%), from €868 to €362,196
- Taxes +€101,054
up €101,054 (+1,010,544,500%), from €0 to €101,054
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€29,792
Gross operating margin
+€361,328
Depreciation
+€814
Other operating charges
+€2,959
Financial charges
+€3,117
Taxes
-€101,054
Result 2025
€237,372
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€501,676
Investment
-€259,633
Financing
-€109,000
Cash 2024
€74,746
From operations (derived)
+€501,676
Net result for the year
+€237,372
Depreciation
+€14,718
Stocks and contracts
+€178,765
Receivables within one year
-€6,683
Smaller working-capital items
-€592
Tax, wage and social debts
+€15,096
Other debts
+€63,000
Investment (derived)
-€259,633
Investment in fixed assets (net)
+€89,700
Current investments
-€349,333
Financing
-€109,000
Debts after one year
-€34,000
Contributions, distributions and other
-€75,000
Cash 2025
€207,789
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €562,894 | €768,814 | +€205,920 | +36.6% |
| Fixed assets | 21/28 | €295,668 | €191,249 | -€104,418 | -35.3% |
| Tangible fixed assets | 22/27 | €295,668 | €191,249 | -€104,418 | -35.3% |
| Land and buildings | 22 | €295,668 | €191,249 | -€104,418 | -35.3% |
| Current assets | 29/58 | €267,226 | €577,564 | +€310,338 | +116% |
| Stocks and contracts in progress | 3 | €178,765 | €0 | -€178,765 | -100% |
| Stocks | 30/36 | €178,765 | €0 | -€178,765 | -100% |
| Amounts receivable within one year | 40/41 | €11,834 | €18,518 | +€6,683 | +56.5% |
| Trade receivables | 40 | €1,434 | €215 | -€1,219 | -85.0% |
| Other amounts receivable | 41 | €10,400 | €18,302 | +€7,902 | +76.0% |
| Current investments | 50/53 | - | €349,333 | +€349,333 | |
| Cash at bank and in hand | 54/58 | €74,746 | €207,789 | +€133,043 | +178% |
| Deferred charges and accrued income | 490/1 | €1,880 | €1,924 | +€44 | +2.3% |
| Total equity and liabilities | 10/49 | €562,894 | €768,814 | +€205,920 | +36.6% |
| Equity | 10/15 | €471,633 | €634,005 | +€162,372 | +34.4% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €397,265 | €559,637 | +€162,372 | +40.9% |
| Distributable reserves | 133 | €397,265 | €559,637 | +€162,372 | +40.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €91,261 | €134,809 | +€43,548 | +47.7% |
| Amounts payable after more than one year | 17 | €34,000 | €0 | -€34,000 | -100% |
| Financial debts | 170/4 | €34,000 | €0 | -€34,000 | -100% |
| Amounts payable within one year | 42/48 | €56,493 | €134,006 | +€77,513 | +137% |
| Current portion of amounts payable after more than one year | 42 | €42,500 | €42,500 | = | 0.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €856 | €273 | -€583 | -68.1% |
| Suppliers | 440/4 | €856 | €273 | -€583 | -68.1% |
| Taxes, remuneration and social security | 45 | €1,137 | €16,233 | +€15,096 | +1,327% |
| Taxes | 450/3 | €1,137 | €16,233 | +€15,096 | +1,327% |
| Other amounts payable | 47/48 | €12,000 | €75,000 | +€63,000 | +525% |
| Accrued charges and deferred income | 492/3 | €768 | €803 | +€35 | +4.6% |
| Non-recurring operating income | 76A | €0 | €510,300 | +€510,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,532 | €14,718 | -€814 | -5.2% |
| Other operating charges | 640/8 | €9,874 | €6,914 | -€2,959 | -30.0% |
| Gross operating margin | 9900 | €868 | €362,196 | +€361,328 | +41,647% |
| Operating profit (loss) | 9901 | -€24,538 | €340,563 | +€365,101 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €5,253 | €2,137 | -€3,117 | -59.3% |
| Recurring financial charges | 65 | €5,253 | €2,137 | -€3,117 | -59.3% |
| Profit (loss) for the period before taxes | 9903 | -€29,792 | €338,426 | +€368,218 | |
| Income taxes | 67/77 | €0 | €101,054 | +€101,054 | +1,010,544,500% |
| Profit (loss) for the period | 9904 | -€29,792 | €237,372 | +€267,163 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,792 | €237,372 | +€267,163 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.