ADRUME: 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.
ADRUME
Largest movements
- Cash +€13,612
up €13,612 (+20.9%), from €65,282 to €78,894
mainly Net result for the year (+€21,616) and Depreciation (+€1,058)
- Reserves +€21,616
up €21,616 (+26.2%), from €82,508 to €104,124
- Tax, wage and social debts -€9,959
down €9,959 (-67.4%), from €14,766 to €4,807
- Gross operating margin -€14,905
down €14,905 (-32.8%), from €45,503 to €30,598
- Taxes -€4,754
down €4,754 (-42.7%), from €11,132 to €6,378
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 | €118,699 | €131,917 | +€13,218 | +11.1% |
| Fixed assets | 21/28 | €1,441 | €383 | -€1,058 | -73.4% |
| Intangible fixed assets | 21 | €583 | €383 | -€200 | -34.3% |
| Tangible fixed assets | 22/27 | €858 | - | -€858 | |
| Furniture and vehicles | 24 | €858 | - | -€858 | |
| Current assets | 29/58 | €117,258 | €131,534 | +€14,276 | +12.2% |
| Amounts receivable within one year | 40/41 | €50,433 | €50,455 | +€22 | 0.0% |
| Trade receivables | 40 | €50,433 | €50,433 | = | 0.0% |
| Other amounts receivable | 41 | - | €22 | +€22 | |
| Cash at bank and in hand | 54/58 | €65,282 | €78,894 | +€13,612 | +20.9% |
| Deferred charges and accrued income | 490/1 | €1,542 | €2,185 | +€643 | +41.7% |
| Total equity and liabilities | 10/49 | €118,699 | €131,917 | +€13,218 | +11.1% |
| Equity | 10/15 | €87,508 | €109,124 | +€21,616 | +24.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €82,508 | €104,124 | +€21,616 | +26.2% |
| Distributable reserves | 133 | €82,508 | €104,124 | +€21,616 | +26.2% |
| Amounts payable | 17/49 | €31,191 | €22,793 | -€8,398 | -26.9% |
| Amounts payable within one year | 42/48 | €31,191 | €22,793 | -€8,398 | -26.9% |
| Trade debts | 44 | €207 | €1,157 | +€950 | +459.0% |
| Suppliers | 440/4 | €207 | €1,157 | +€950 | +459.0% |
| Taxes, remuneration and social security | 45 | €14,766 | €4,807 | -€9,959 | -67.4% |
| Taxes | 450/3 | €14,766 | €4,807 | -€9,959 | -67.4% |
| Other amounts payable | 47/48 | €16,218 | €16,829 | +€611 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,136 | €1,058 | -€78 | -6.9% |
| Other operating charges | 640/8 | €821 | €791 | -€30 | -3.6% |
| Gross operating margin | 9900 | €45,503 | €30,598 | -€14,905 | -32.8% |
| Operating profit (loss) | 9901 | €43,546 | €28,749 | -€14,797 | -34.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €944 | €755 | -€190 | -20.1% |
| Recurring financial charges | 65 | €944 | €755 | -€190 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €42,601 | €27,994 | -€14,607 | -34.3% |
| Income taxes | 67/77 | €11,132 | €6,378 | -€4,754 | -42.7% |
| Profit (loss) for the period | 9904 | €31,469 | €21,616 | -€9,853 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,469 | €21,616 | -€9,853 | -31.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.