ADUDA & CO: 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.
ADUDA & CO
Largest movements
- Current investments +€160,391
up €160,391 (+22.9%), from €700,000 to €860,391
- Cash -€105,868
down €105,868 (-92.5%), from €114,495 to €8,627
mainly Contributions, distributions and other (-€500,000) and Current investments (-€160,391)
- Tangible fixed assets -€59,241
down €59,241 (-97.0%), from €61,077 to €1,836
of which Furniture and vehicles: -€58,787
- Other debts +€492,291
up €492,291 (+6,386%), from €7,709 to €500,000
- Profit (loss) carried forward -€473,404
down €473,404 (-94.0%), from €503,718 to €30,314
- Tax, wage and social debts -€26,791
down €26,791 (-47.5%), from €56,404 to €29,613
- Gross operating margin -€225,176
down €225,176 (-87.6%), from €257,074 to €31,898
- Taxes -€50,784
down €50,784 (-80.3%), from €63,272 to €12,487
- Depreciation -€11,228
down €11,228 (-49.2%), from €22,803 to €11,575
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 | €919,200 | €907,196 | -€12,003 | -1.3% |
| Fixed assets | 21/28 | €61,617 | €2,376 | -€59,241 | -96.1% |
| Tangible fixed assets | 22/27 | €61,077 | €1,836 | -€59,241 | -97.0% |
| Plant, machinery and equipment | 23 | €362 | €56 | -€306 | -84.5% |
| Furniture and vehicles | 24 | €58,787 | - | -€58,787 | |
| Other tangible fixed assets | 26 | €1,928 | €1,780 | -€148 | -7.7% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €857,582 | €904,820 | +€47,238 | +5.5% |
| Amounts receivable after more than one year | 29 | €22,318 | €22,318 | = | 0.0% |
| Other amounts receivable | 291 | €22,318 | €22,318 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,684 | €13,485 | -€4,200 | -23.7% |
| Trade receivables | 40 | €13,363 | - | -€13,363 | |
| Other amounts receivable | 41 | €4,321 | €13,485 | +€9,163 | +212% |
| Current investments | 50/53 | €700,000 | €860,391 | +€160,391 | +22.9% |
| Cash at bank and in hand | 54/58 | €114,495 | €8,627 | -€105,868 | -92.5% |
| Deferred charges and accrued income | 490/1 | €3,085 | - | -€3,085 | |
| Total equity and liabilities | 10/49 | €919,200 | €907,196 | -€12,003 | -1.3% |
| Equity | 10/15 | €850,455 | €377,052 | -€473,404 | -55.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €328,187 | €328,187 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,187 | €8,187 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,187 | €8,187 | = | 0.0% |
| Distributable reserves | 133 | €320,000 | €320,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €503,718 | €30,314 | -€473,404 | -94.0% |
| Amounts payable | 17/49 | €68,744 | €530,145 | +€461,401 | +671% |
| Amounts payable within one year | 42/48 | €68,744 | €530,145 | +€461,401 | +671% |
| Trade debts | 44 | €4,631 | €531 | -€4,100 | -88.5% |
| Suppliers | 440/4 | €4,631 | €531 | -€4,100 | -88.5% |
| Taxes, remuneration and social security | 45 | €56,404 | €29,613 | -€26,791 | -47.5% |
| Taxes | 450/3 | €56,404 | €29,613 | -€26,791 | -47.5% |
| Other amounts payable | 47/48 | €7,709 | €500,000 | +€492,291 | +6,386% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,803 | €11,575 | -€11,228 | -49.2% |
| Other operating charges | 640/8 | €1,214 | €1,952 | +€739 | +60.9% |
| Gross operating margin | 9900 | €257,074 | €31,898 | -€225,176 | -87.6% |
| Operating profit (loss) | 9901 | €233,057 | €18,371 | -€214,686 | -92.1% |
| Financial income | 75/76B | €18,779 | €20,970 | +€2,192 | +11.7% |
| Recurring financial income | 75 | €18,779 | €20,970 | +€2,192 | +11.7% |
| Financial charges | 65/66B | €245 | €258 | +€13 | +5.3% |
| Recurring financial charges | 65 | €245 | €258 | +€13 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €251,591 | €39,084 | -€212,507 | -84.5% |
| Income taxes | 67/77 | €63,272 | €12,487 | -€50,784 | -80.3% |
| Profit (loss) for the period | 9904 | €188,319 | €26,596 | -€161,723 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €188,319 | €26,596 | -€161,723 | -85.9% |
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 15 October 2026 via checked.be.