ADTZ COUVERTURE: 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.
ADTZ COUVERTURE
Largest movements
- Receivables within one year -€4,447
down €4,447 (-6.2%), from €71,679 to €67,232
of which Other amounts receivable: -€4,447
- Deferred charges and accrued income +€1,472
up €1,472 (+17.9%), from €8,234 to €9,706
- Tax, wage and social debts -€6,064
down €6,064 (-45.3%), from €13,388 to €7,325
of which Taxes: -€6,064
- Trade debts +€2,720
up €2,720 (+14.5%), from €18,717 to €21,437
- Gross operating margin -€29,669
down €29,669, from €29,151 to -€518
- Staff costs -€27,190
no longer reported in 2025 (was €27,190)
- Depreciation -€2,363
down €2,363 (-85.6%), from €2,762 to €398
- Financial income -€927
down €927 (-38.6%), from €2,399 to €1,472
- Other operating charges -€911
down €911 (-69.5%), from €1,311 to €400
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.
Derived cash bridge
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 | €80,539 | €77,137 | -€3,402 | -4.2% |
| Fixed assets | 21/28 | €597 | €199 | -€398 | -66.7% |
| Tangible fixed assets | 22/27 | €597 | €199 | -€398 | -66.7% |
| Plant, machinery and equipment | 23 | €597 | €199 | -€398 | -66.7% |
| Current assets | 29/58 | €79,942 | €76,938 | -€3,004 | -3.8% |
| Amounts receivable within one year | 40/41 | €71,679 | €67,232 | -€4,447 | -6.2% |
| Trade receivables | 40 | €42,523 | €42,523 | = | 0.0% |
| Other amounts receivable | 41 | €29,156 | €24,709 | -€4,447 | -15.3% |
| Cash at bank and in hand | 54/58 | €29 | - | -€29 | |
| Deferred charges and accrued income | 490/1 | €8,234 | €9,706 | +€1,472 | +17.9% |
| Total equity and liabilities | 10/49 | €80,539 | €77,137 | -€3,402 | -4.2% |
| Equity | 10/15 | €48,434 | €48,375 | -€59 | -0.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €2,000 | +€2,000 | |
| Other | 1109/19 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €46,434 | €46,375 | -€59 | -0.1% |
| Amounts payable | 17/49 | €32,105 | €28,761 | -€3,344 | -10.4% |
| Amounts payable within one year | 42/48 | €32,105 | €28,761 | -€3,344 | -10.4% |
| Financial debts | 43 | - | €0 | +€0 | |
| Credit institutions | 430/8 | - | €0 | +€0 | |
| Trade debts | 44 | €18,717 | €21,437 | +€2,720 | +14.5% |
| Suppliers | 440/4 | €18,717 | €21,437 | +€2,720 | +14.5% |
| Taxes, remuneration and social security | 45 | €13,388 | €7,325 | -€6,064 | -45.3% |
| Taxes | 450/3 | €9,915 | €3,851 | -€6,064 | -61.2% |
| Remuneration and social security | 454/9 | €3,473 | €3,473 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €27,190 | - | -€27,190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,762 | €398 | -€2,363 | -85.6% |
| Other operating charges | 640/8 | €1,311 | €400 | -€911 | -69.5% |
| Gross operating margin | 9900 | €29,151 | -€518 | -€29,669 | |
| Operating profit (loss) | 9901 | -€2,111 | -€1,316 | +€795 | +37.7% |
| Financial income | 75/76B | €2,399 | €1,472 | -€927 | -38.6% |
| Recurring financial income | 75 | €2,399 | €1,472 | -€927 | -38.6% |
| Financial charges | 65/66B | €935 | €215 | -€721 | -77.1% |
| Recurring financial charges | 65 | €935 | €215 | -€721 | -77.1% |
| Profit (loss) for the period before taxes | 9903 | -€648 | -€59 | +€589 | +90.9% |
| Income taxes | 67/77 | €212 | - | -€212 | |
| Profit (loss) for the period | 9904 | -€859 | -€59 | +€801 | +93.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€859 | -€59 | +€801 | +93.2% |
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 21 October 2026 via checked.be.