ADURO BUILD: 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.
ADURO BUILD
Largest movements
- Receivables within one year -€79,797
down €79,797 (-53.8%), from €148,266 to €68,469
of which Trade receivables: -€80,120
- Cash +€29,750
up €29,750 (+53.3%), from €55,848 to €85,598
mainly Receivables within one year (+€79,797) and Accrued charges and deferred income (+€4,059)
- Tangible fixed assets -€3,688
down €3,688 (-30.0%), from €12,281 to €8,593
of which Furniture and vehicles: -€3,484
- Profit (loss) carried forward -€31,214
down €31,214 (-47.2%), from €66,122 to €34,908
- Trade debts -€13,688
down €13,688 (-21.3%), from €64,351 to €50,663
- Tax, wage and social debts -€9,665
down €9,665 (-97.1%), from €9,950 to €284
of which Remuneration and social security: -€7,537
- Accrued charges and deferred income +€4,059
up €4,059 (+90,194%), from €5 to €4,063
- Debts after one year -€3,182
down €3,182 (-42.1%), from €7,555 to €4,373
- Gross operating margin -€24,414
down €24,414, from €11,805 to -€12,609
- Staff costs -€6,405
down €6,405 (-51.1%), from €12,540 to €6,135
- Financial charges +€4,011
up €4,011 (+303%), from €1,323 to €5,334
- Other operating charges +€2,835
up €2,835 (+463%), from €613 to €3,448
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 | €216,468 | €162,789 | -€53,679 | -24.8% |
| Fixed assets | 21/28 | €12,281 | €8,593 | -€3,688 | -30.0% |
| Tangible fixed assets | 22/27 | €12,281 | €8,593 | -€3,688 | -30.0% |
| Plant, machinery and equipment | 23 | €312 | €107 | -€205 | -65.6% |
| Furniture and vehicles | 24 | €11,969 | €8,485 | -€3,484 | -29.1% |
| Current assets | 29/58 | €204,187 | €154,196 | -€49,990 | -24.5% |
| Amounts receivable within one year | 40/41 | €148,266 | €68,469 | -€79,797 | -53.8% |
| Trade receivables | 40 | €143,651 | €63,531 | -€80,120 | -55.8% |
| Other amounts receivable | 41 | €4,615 | €4,938 | +€323 | +7.0% |
| Cash at bank and in hand | 54/58 | €55,848 | €85,598 | +€29,750 | +53.3% |
| Deferred charges and accrued income | 490/1 | €73 | €130 | +€57 | +78.1% |
| Total equity and liabilities | 10/49 | €216,468 | €162,789 | -€53,679 | -24.8% |
| Equity | 10/15 | €74,182 | €42,968 | -€31,214 | -42.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,122 | €34,908 | -€31,214 | -47.2% |
| Amounts payable | 17/49 | €142,285 | €119,820 | -€22,465 | -15.8% |
| Amounts payable after more than one year | 17 | €7,555 | €4,373 | -€3,182 | -42.1% |
| Financial debts | 170/4 | €7,555 | €4,373 | -€3,182 | -42.1% |
| Amounts payable within one year | 42/48 | €134,726 | €111,385 | -€23,341 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €3,169 | €3,181 | +€12 | +0.4% |
| Trade debts | 44 | €64,351 | €50,663 | -€13,688 | -21.3% |
| Suppliers | 440/4 | €64,351 | €50,663 | -€13,688 | -21.3% |
| Taxes, remuneration and social security | 45 | €9,950 | €284 | -€9,665 | -97.1% |
| Taxes | 450/3 | €2,177 | €49 | -€2,128 | -97.7% |
| Remuneration and social security | 454/9 | €7,772 | €235 | -€7,537 | -97.0% |
| Other amounts payable | 47/48 | €57,256 | €57,256 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5 | €4,063 | +€4,059 | +90,194% |
| Remuneration, social security and pensions | 62 | €12,540 | €6,135 | -€6,405 | -51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,688 | €3,688 | = | 0.0% |
| Other operating charges | 640/8 | €613 | €3,448 | +€2,835 | +463% |
| Gross operating margin | 9900 | €11,805 | -€12,609 | -€24,414 | |
| Operating profit (loss) | 9901 | -€5,036 | -€25,880 | -€20,844 | -414% |
| Financial charges | 65/66B | €1,323 | €5,334 | +€4,011 | +303% |
| Recurring financial charges | 65 | €1,323 | €5,334 | +€4,011 | +303% |
| Profit (loss) for the period before taxes | 9903 | -€6,359 | -€31,214 | -€24,855 | -391% |
| Income taxes | 67/77 | -€126 | - | +€126 | |
| Profit (loss) for the period | 9904 | -€6,233 | -€31,214 | -€24,981 | -401% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,233 | -€31,214 | -€24,981 | -401% |
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 26 October 2026 via checked.be.