Adrotech: 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.
Adrotech
Largest movements
- Cash +€11,540
up €11,540 (+121.8%), from €9,476 to €21,016
mainly Other debts (+€30,066) and Net result for the year (+€22,556)
- Receivables within one year -€8,859
down €8,859 (-11.8%), from €74,995 to €66,136
of which Trade receivables: -€8,534
- Tangible fixed assets -€4,892
down €4,892 (-11.9%), from €41,259 to €36,367
- Other debts +€30,066
new in 2025: €30,066
- Debts after one year -€12,512
down €12,512 (-67.3%), from €18,595 to €6,083
- Profit (loss) carried forward -€7,444
down €7,444 (-12.0%), from €61,885 to €54,441
- Tax, wage and social debts -€7,046
down €7,046 (-32.1%), from €21,925 to €14,879
of which Remuneration and social security: -€6,000
- Trade debts -€5,035
down €5,035 (-56.6%), from €8,899 to €3,864
- Gross operating margin +€18,218
up €18,218 (+74.7%), from €24,404 to €42,622
- Depreciation +€4,385
up €4,385 (+83.9%), from €5,227 to €9,612
- Taxes +€2,198
up €2,198 (+52.3%), from €4,205 to €6,403
- Financial charges +€2,196
up €2,196 (+346.4%), from €634 to €2,830
- Other operating charges -€1,592
down €1,592 (-56.6%), from €2,813 to €1,221
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 | €128,720 | €126,062 | -€2,658 | -2.1% |
| Fixed assets | 21/28 | €41,259 | €36,367 | -€4,892 | -11.9% |
| Tangible fixed assets | 22/27 | €41,259 | €36,367 | -€4,892 | -11.9% |
| Furniture and vehicles | 24 | €41,259 | €36,367 | -€4,892 | -11.9% |
| Current assets | 29/58 | €87,461 | €89,695 | +€2,234 | +2.6% |
| Amounts receivable within one year | 40/41 | €74,995 | €66,136 | -€8,859 | -11.8% |
| Trade receivables | 40 | €65,726 | €57,192 | -€8,534 | -13.0% |
| Other amounts receivable | 41 | €9,269 | €8,944 | -€325 | -3.5% |
| Cash at bank and in hand | 54/58 | €9,476 | €21,016 | +€11,540 | +121.8% |
| Deferred charges and accrued income | 490/1 | €2,990 | €2,543 | -€447 | -14.9% |
| Total equity and liabilities | 10/49 | €128,720 | €126,062 | -€2,658 | -2.1% |
| Equity | 10/15 | €64,885 | €57,441 | -€7,444 | -11.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,885 | €54,441 | -€7,444 | -12.0% |
| Amounts payable | 17/49 | €63,835 | €68,621 | +€4,786 | +7.5% |
| Amounts payable after more than one year | 17 | €18,595 | €6,083 | -€12,512 | -67.3% |
| Financial debts | 170/4 | €18,595 | €6,083 | -€12,512 | -67.3% |
| Amounts payable within one year | 42/48 | €45,240 | €62,538 | +€17,298 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €14,416 | €13,729 | -€687 | -4.8% |
| Trade debts | 44 | €8,899 | €3,864 | -€5,035 | -56.6% |
| Suppliers | 440/4 | €8,899 | €3,864 | -€5,035 | -56.6% |
| Taxes, remuneration and social security | 45 | €21,925 | €14,879 | -€7,046 | -32.1% |
| Taxes | 450/3 | €12,925 | €11,879 | -€1,046 | -8.1% |
| Remuneration and social security | 454/9 | €9,000 | €3,000 | -€6,000 | -66.7% |
| Other amounts payable | 47/48 | - | €30,066 | +€30,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,227 | €9,612 | +€4,385 | +83.9% |
| Other operating charges | 640/8 | €2,813 | €1,221 | -€1,592 | -56.6% |
| Gross operating margin | 9900 | €24,404 | €42,622 | +€18,218 | +74.7% |
| Operating profit (loss) | 9901 | €16,364 | €31,789 | +€15,425 | +94.3% |
| Financial charges | 65/66B | €634 | €2,830 | +€2,196 | +346.4% |
| Recurring financial charges | 65 | €634 | €2,830 | +€2,196 | +346.4% |
| Profit (loss) for the period before taxes | 9903 | €15,730 | €28,959 | +€13,229 | +84.1% |
| Income taxes | 67/77 | €4,205 | €6,403 | +€2,198 | +52.3% |
| Profit (loss) for the period | 9904 | €11,525 | €22,556 | +€11,031 | +95.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,525 | €22,556 | +€11,031 | +95.7% |
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 12 October 2026 via checked.be.